Can I retire at age 45 with 936,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $936,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$77,294$76,606$75,934$75,278$74,638$74,137
2 years$38,264$37,552$36,861$36,191$35,542$35,036
3 years$25,256$24,540$23,852$23,188$22,549$22,055
4 years$18,753$18,040$17,358$16,706$16,082$15,603
5 years$14,853$14,143$13,470$12,832$12,226$11,763
6 years$12,253$11,549$10,886$10,262$9,674$9,228
7 years$10,397$9,699$9,046$8,437$7,867$7,439
8 years$9,006$8,314$7,672$7,077$6,527$6,116
9 years$7,924$7,239$6,608$6,028$5,496$5,103
10 years$7,059$6,381$5,761$5,196$4,683$4,307
11 years$6,352$5,680$5,072$4,522$4,028$3,668
12 years$5,763$5,098$4,501$3,967$3,490$3,148
13 years$5,265$4,607$4,021$3,502$3,044$2,717
14 years$4,839$4,188$3,613$3,109$2,668$2,357
15 years$4,470$3,826$3,262$2,772$2,349$2,054
16 years$4,147$3,510$2,958$2,482$2,076$1,796
17 years$3,862$3,233$2,691$2,230$1,841$1,575
18 years$3,610$2,987$2,457$2,010$1,637$1,385
19 years$3,384$2,768$2,249$1,816$1,459$1,220
20 years$3,181$2,573$2,064$1,645$1,303$1,078
21 years$2,998$2,396$1,899$1,493$1,166$953
22 years$2,831$2,237$1,750$1,357$1,045$844
23 years$2,680$2,092$1,616$1,236$938$749
24 years$2,541$1,960$1,494$1,128$843$665
25 years$2,413$1,839$1,384$1,030$759$591
26 years$2,296$1,729$1,284$942$684$526
27 years$2,187$1,627$1,192$862$616$468
28 years$2,086$1,533$1,108$790$556$417
29 years$1,993$1,446$1,031$724$502$372
30 years$1,905$1,366$960$665$454$332
31 years$1,824$1,291$895$610$410$296
32 years$1,748$1,222$835$561$371$264
33 years$1,676$1,157$780$516$336$236
34 years$1,609$1,097$729$475$304$211
35 years$1,546$1,040$681$437$275$189
36 years$1,487$987$637$402$250$169
37 years$1,430$938$597$371$226$151
38 years$1,377$891$559$342$205$135
39 years$1,327$847$523$315$186$121
40 years$1,280$806$491$291$169$108
41 years$1,235$767$460$268$153$97
42 years$1,192$731$432$247$139$86
43 years$1,151$696$405$228$126$77
44 years$1,112$664$380$211$114$69
45 years$1,075$633$357$195$104$62
46 years$1,040$604$335$180$94$56
47 years$1,006$576$315$166$86$50
48 years$974$550$296$154$78$45
49 years$943$525$278$142$71$40
50 years$914$502$262$131$64$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $936,000, adding $3,926 every year, while hoping to spend $31,432 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 84/8/8 Blend
44$936,000$936,000$936,000$936,000
45$1,035,522$985,914$971,406$1,121,242
46$1,107,701$1,000,780$970,504$1,192,690
47$1,186,190$1,015,321$968,519$1,266,499
48$1,271,598$1,029,489$965,381$1,346,589
49$1,364,597$1,043,229$961,017$1,433,572
50$1,465,925$1,056,487$955,351$1,528,120
51$1,576,396$1,069,201$948,302$1,630,975
52$1,696,905$1,081,309$939,786$1,742,953
53$1,828,437$1,092,741$929,717$1,864,954
54$1,972,076$1,103,424$918,001$1,997,967
55$2,129,017$1,113,280$904,543$2,143,082
56$2,300,573$1,122,227$889,241$2,301,502
57$2,488,191$1,130,176$871,990$2,474,550
58$2,693,464$1,137,032$852,680$2,663,682
59$2,918,146$1,142,696$831,194$2,870,506
60$3,164,170$1,147,061$807,411$3,096,791
61$3,433,662$1,150,013$781,206$3,344,485
62$3,728,964$1,151,432$752,445$3,615,737
63$4,052,657$1,151,191$720,991$3,912,912
64$4,407,582$1,149,153$686,698$4,238,617
65$4,796,868$1,145,175$649,415$4,595,724
66$5,223,962$1,139,102$608,984$4,987,400
67$5,692,661$1,130,773$565,240$5,417,130
68$6,207,146$1,120,015$518,009$5,888,757
69$6,772,025$1,106,645$467,113$6,406,517
70$7,392,372$1,090,471$412,361$6,975,073
71$8,073,776$1,071,287$353,557$7,599,569
72$8,822,396$1,048,875$290,497$8,285,668
73$9,645,016$1,023,005$222,964$9,039,614
74$10,549,110$993,434$150,735$9,868,286
75$11,542,910$959,904$73,576$10,779,266
76$12,635,488$922,140$0$11,780,906
77$13,836,839$879,856$0$12,883,162
78$15,157,972$832,744$0$14,102,181
79$16,611,018$780,481$0$15,442,878
80$18,209,343$722,727$0$16,917,598
81$19,967,674$659,118$0$18,539,940
82$21,902,235$589,273$0$20,324,893
83$24,030,904$512,788$0$22,288,971
84$26,373,378$429,237$0$24,450,373
85$28,951,361$338,168$0$26,829,151
86$31,788,767$239,106$0$29,447,402
87$34,911,947$131,547$0$32,329,475
88$38,349,933$14,961$0$35,502,203
89$42,134,719$0$0$38,995,152
90$46,301,555$0$0$42,850,695
91$50,889,285$0$0$47,097,158
92$55,940,710$0$0$51,772,845
93$61,502,993$0$0$56,921,413
94$67,628,104$0$0$62,590,969
95$74,373,307$0$0$68,834,522
96$81,801,706$0$0$75,710,484
97$89,982,835$0$0$83,283,223
98$98,993,315$0$0$91,623,663
99$108,917,580$0$0$100,809,964
100$119,848,669$0$0$110,928,249