Can I retire at age 45 with 952,000?

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 $952,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$78,615$77,915$77,232$76,565$75,914$73,809
2 years$38,918$38,194$37,491$36,810$36,149$34,045
3 years$25,688$24,960$24,259$23,585$22,935$20,896
4 years$19,074$18,348$17,655$16,991$16,357$14,400
5 years$15,107$14,385$13,701$13,051$12,434$10,564
6 years$12,463$11,747$11,072$10,437$9,839$8,057
7 years$10,575$9,865$9,201$8,581$8,002$6,309
8 years$9,159$8,456$7,803$7,198$6,638$5,033
9 years$8,059$7,362$6,721$6,131$5,590$4,071
10 years$7,180$6,490$5,859$5,285$4,763$3,329
11 years$6,460$5,777$5,159$4,600$4,097$2,744
12 years$5,862$5,185$4,578$4,035$3,550$2,277
13 years$5,355$4,686$4,090$3,562$3,096$1,899
14 years$4,921$4,260$3,675$3,162$2,714$1,591
15 years$4,546$3,891$3,318$2,820$2,389$1,337
16 years$4,218$3,570$3,008$2,525$2,112$1,128
17 years$3,928$3,288$2,737$2,269$1,872$953
18 years$3,671$3,038$2,499$2,044$1,665$807
19 years$3,442$2,816$2,288$1,847$1,484$684
20 years$3,236$2,617$2,100$1,673$1,325$581
21 years$3,049$2,437$1,931$1,518$1,186$494
22 years$2,880$2,275$1,780$1,381$1,063$421
23 years$2,725$2,128$1,643$1,257$954$359
24 years$2,584$1,994$1,520$1,147$858$306
25 years$2,454$1,871$1,408$1,047$772$261
26 years$2,335$1,758$1,306$958$695$223
27 years$2,224$1,655$1,212$877$627$190
28 years$2,122$1,559$1,127$803$566$162
29 years$2,027$1,471$1,049$736$511$139
30 years$1,938$1,389$977$676$461$119
31 years$1,855$1,313$911$621$417$101
32 years$1,778$1,243$850$570$377$87
33 years$1,705$1,177$793$525$342$74
34 years$1,637$1,115$741$483$309$63
35 years$1,572$1,058$693$444$280$54
36 years$1,512$1,004$648$409$254$46
37 years$1,455$954$607$377$230$40
38 years$1,401$906$568$348$209$34
39 years$1,350$862$532$320$189$29
40 years$1,302$820$499$296$172$25
41 years$1,256$781$468$273$156$21
42 years$1,212$743$439$252$141$18
43 years$1,171$708$412$232$128$16
44 years$1,131$675$387$214$116$13
45 years$1,094$644$363$198$106$11
46 years$1,058$614$341$183$96$10
47 years$1,023$586$320$169$87$8
48 years$991$559$301$156$79$7
49 years$959$534$283$144$72$6
50 years$929$510$266$133$65$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $952,000, adding $5,710 every year, while hoping to spend $55,422 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: 43/33/24 Blend
44$952,000$952,000$952,000$952,000
45$1,054,994$1,004,538$989,782$1,092,765
46$1,103,635$994,792$963,971$1,110,453
47$1,155,379$982,710$935,438$1,123,839
48$1,210,486$968,121$904,033$1,137,242
49$1,269,237$950,840$869,600$1,150,694
50$1,331,942$930,675$831,974$1,164,233
51$1,398,940$907,418$790,985$1,177,906
52$1,470,603$880,852$746,454$1,191,770
53$1,547,338$850,747$698,194$1,205,892
54$1,629,592$816,860$646,009$1,220,351
55$1,717,856$778,931$589,695$1,235,240
56$1,812,666$736,688$529,040$1,250,666
57$1,914,615$689,842$463,819$1,266,754
58$2,024,349$638,088$393,801$1,283,647
59$2,142,582$581,103$318,742$1,301,512
60$2,270,094$518,546$238,389$1,320,538
61$2,407,745$450,056$152,476$1,340,942
62$2,556,478$375,253$60,728$1,362,970
63$2,717,332$293,733$0$1,386,903
64$2,891,445$205,071$0$1,422,583
65$3,080,072$108,819$0$1,478,062
66$3,284,590$4,502$0$1,538,261
67$3,506,515$0$0$1,603,724
68$3,747,514$0$0$1,714,414
69$4,009,419$0$0$1,836,587
70$4,294,249$0$0$1,969,562
71$4,604,220$0$0$2,114,388
72$4,941,776$0$0$2,272,220
73$5,309,601$0$0$2,444,329
74$5,710,654$0$0$2,632,114
75$6,148,187$0$0$2,837,114
76$6,625,783$0$0$3,061,025
77$7,147,384$0$0$3,305,713
78$7,717,329$0$0$3,573,231
79$8,340,398$0$0$3,865,842
80$9,021,851$0$0$4,186,036
81$9,767,480$0$0$4,536,554
82$10,583,663$0$0$4,920,417
83$11,477,424$0$0$5,340,949
84$12,456,496$0$0$5,801,814
85$13,529,398$0$0$6,307,043
86$14,705,509$0$0$6,861,079
87$15,995,162$0$0$7,468,815
88$17,409,734$0$0$8,135,639
89$18,961,759$0$0$8,867,486
90$20,665,042$0$0$9,670,895
91$22,534,789$0$0$10,553,068
92$24,587,750$0$0$11,521,938
93$26,842,378$0$0$12,586,246
94$29,318,998$0$0$13,755,618
95$32,040,002$0$0$15,040,663
96$35,030,058$0$0$16,453,064
97$38,316,342$0$0$18,005,694
98$41,928,794$0$0$19,712,738
99$45,900,397$0$0$21,589,819
100$50,267,492$0$0$23,654,154