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%17.9%
1 years$78,615$77,915$77,232$76,565$75,914$73,484
2 years$38,918$38,194$37,491$36,810$36,149$33,724
3 years$25,688$24,960$24,259$23,585$22,935$20,589
4 years$19,074$18,348$17,655$16,991$16,357$14,110
5 years$15,107$14,385$13,701$13,051$12,434$10,292
6 years$12,463$11,747$11,072$10,437$9,839$7,802
7 years$10,575$9,865$9,201$8,581$8,002$6,071
8 years$9,159$8,456$7,803$7,198$6,638$4,812
9 years$8,059$7,362$6,721$6,131$5,590$3,867
10 years$7,180$6,490$5,859$5,285$4,763$3,140
11 years$6,460$5,777$5,159$4,600$4,097$2,570
12 years$5,862$5,185$4,578$4,035$3,550$2,117
13 years$5,355$4,686$4,090$3,562$3,096$1,753
14 years$4,921$4,260$3,675$3,162$2,714$1,457
15 years$4,546$3,891$3,318$2,820$2,389$1,215
16 years$4,218$3,570$3,008$2,525$2,112$1,017
17 years$3,928$3,288$2,737$2,269$1,872$852
18 years$3,671$3,038$2,499$2,044$1,665$716
19 years$3,442$2,816$2,288$1,847$1,484$602
20 years$3,236$2,617$2,100$1,673$1,325$507
21 years$3,049$2,437$1,931$1,518$1,186$428
22 years$2,880$2,275$1,780$1,381$1,063$361
23 years$2,725$2,128$1,643$1,257$954$305
24 years$2,584$1,994$1,520$1,147$858$258
25 years$2,454$1,871$1,408$1,047$772$218
26 years$2,335$1,758$1,306$958$695$184
27 years$2,224$1,655$1,212$877$627$156
28 years$2,122$1,559$1,127$803$566$132
29 years$2,027$1,471$1,049$736$511$112
30 years$1,938$1,389$977$676$461$95
31 years$1,855$1,313$911$621$417$80
32 years$1,778$1,243$850$570$377$68
33 years$1,705$1,177$793$525$342$58
34 years$1,637$1,115$741$483$309$49
35 years$1,572$1,058$693$444$280$41
36 years$1,512$1,004$648$409$254$35
37 years$1,455$954$607$377$230$30
38 years$1,401$906$568$348$209$25
39 years$1,350$862$532$320$189$21
40 years$1,302$820$499$296$172$18
41 years$1,256$781$468$273$156$15
42 years$1,212$743$439$252$141$13
43 years$1,171$708$412$232$128$11
44 years$1,131$675$387$214$116$9
45 years$1,094$644$363$198$106$8
46 years$1,058$614$341$183$96$7
47 years$1,023$586$320$169$87$6
48 years$991$559$301$156$79$5
49 years$959$534$283$144$72$4
50 years$929$510$266$133$65$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $952,000, adding $6,376 every year, while hoping to spend $49,103 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: 42/42/16 Blend
44$952,000$952,000$952,000$952,000
45$1,055,681$1,005,225$990,469$1,094,825
46$1,111,115$1,002,236$971,404$1,120,058
47$1,170,558$997,454$950,055$1,142,047
48$1,234,366$990,741$926,294$1,164,810
49$1,302,932$981,948$899,985$1,188,441
50$1,376,685$970,918$870,989$1,213,047
51$1,456,099$957,484$839,158$1,238,748
52$1,541,690$941,470$804,339$1,265,682
53$1,634,029$922,689$766,372$1,294,004
54$1,733,743$900,943$725,088$1,323,889
55$1,841,518$876,022$680,311$1,355,533
56$1,958,110$847,705$631,859$1,389,158
57$2,084,351$815,756$579,540$1,425,014
58$2,221,153$779,927$523,153$1,463,381
59$2,369,522$739,954$462,490$1,504,573
60$2,530,561$695,559$397,331$1,548,944
61$2,705,485$646,449$327,449$1,596,888
62$2,895,631$592,312$252,605$1,648,848
63$3,102,469$532,819$172,551$1,705,318
64$3,327,617$467,622$87,027$1,766,850
65$3,572,853$396,355$0$1,834,062
66$3,840,137$318,629$0$1,908,368
67$4,131,623$234,034$0$2,005,713
68$4,449,684$142,138$0$2,112,132
69$4,796,932$42,483$0$2,228,632
70$5,176,241$0$0$2,356,329
71$5,590,774$0$0$2,526,697
72$6,044,017$0$0$2,734,556
73$6,539,804$0$0$2,962,047
74$7,082,360$0$0$3,211,121
75$7,676,334$0$0$3,483,929
76$8,326,849$0$0$3,782,840
77$9,039,543$0$0$4,110,462
78$9,820,627$0$0$4,469,667
79$10,676,942$0$0$4,863,619
80$11,616,022$0$0$5,295,802
81$12,646,163$0$0$5,770,055
82$13,776,506$0$0$6,290,606
83$15,017,118$0$0$6,862,111
84$16,379,088$0$0$7,489,700
85$17,874,630$0$0$8,179,024
86$19,517,202$0$0$8,936,309
87$21,321,626$0$0$9,768,412
88$23,304,231$0$0$10,682,888
89$25,483,008$0$0$11,688,061
90$27,877,775$0$0$12,793,100
91$30,510,367$0$0$14,008,109
92$33,404,838$0$0$15,344,217
93$36,587,691$0$0$16,813,687
94$40,088,126$0$0$18,430,030
95$43,938,312$0$0$20,208,133
96$48,173,695$0$0$22,164,397
97$52,833,328$0$0$24,316,894
98$57,960,240$0$0$26,685,534
99$63,601,841$0$0$29,292,258
100$69,810,369$0$0$32,161,239