Can I retire at age 45 with 952,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.8%
1 years$78,615$77,915$77,232$76,565$75,914$73,220
2 years$38,918$38,194$37,491$36,810$36,149$33,465
3 years$25,688$24,960$24,259$23,585$22,935$20,343
4 years$19,074$18,348$17,655$16,991$16,357$13,878
5 years$15,107$14,385$13,701$13,051$12,434$10,074
6 years$12,463$11,747$11,072$10,437$9,839$7,600
7 years$10,575$9,865$9,201$8,581$8,002$5,883
8 years$9,159$8,456$7,803$7,198$6,638$4,639
9 years$8,059$7,362$6,721$6,131$5,590$3,707
10 years$7,180$6,490$5,859$5,285$4,763$2,993
11 years$6,460$5,777$5,159$4,600$4,097$2,435
12 years$5,862$5,185$4,578$4,035$3,550$1,994
13 years$5,355$4,686$4,090$3,562$3,096$1,641
14 years$4,921$4,260$3,675$3,162$2,714$1,356
15 years$4,546$3,891$3,318$2,820$2,389$1,124
16 years$4,218$3,570$3,008$2,525$2,112$934
17 years$3,928$3,288$2,737$2,269$1,872$778
18 years$3,671$3,038$2,499$2,044$1,665$649
19 years$3,442$2,816$2,288$1,847$1,484$542
20 years$3,236$2,617$2,100$1,673$1,325$453
21 years$3,049$2,437$1,931$1,518$1,186$380
22 years$2,880$2,275$1,780$1,381$1,063$318
23 years$2,725$2,128$1,643$1,257$954$267
24 years$2,584$1,994$1,520$1,147$858$224
25 years$2,454$1,871$1,408$1,047$772$188
26 years$2,335$1,758$1,306$958$695$158
27 years$2,224$1,655$1,212$877$627$133
28 years$2,122$1,559$1,127$803$566$112
29 years$2,027$1,471$1,049$736$511$94
30 years$1,938$1,389$977$676$461$79
31 years$1,855$1,313$911$621$417$66
32 years$1,778$1,243$850$570$377$56
33 years$1,705$1,177$793$525$342$47
34 years$1,637$1,115$741$483$309$39
35 years$1,572$1,058$693$444$280$33
36 years$1,512$1,004$648$409$254$28
37 years$1,455$954$607$377$230$24
38 years$1,401$906$568$348$209$20
39 years$1,350$862$532$320$189$17
40 years$1,302$820$499$296$172$14
41 years$1,256$781$468$273$156$12
42 years$1,212$743$439$252$141$10
43 years$1,171$708$412$232$128$8
44 years$1,131$675$387$214$116$7
45 years$1,094$644$363$198$106$6
46 years$1,058$614$341$183$96$5
47 years$1,023$586$320$169$87$4
48 years$991$559$301$156$79$4
49 years$959$534$283$144$72$3
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 $3,001 every year, while hoping to spend $52,779 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: 41/36/23 Blend
44$952,000$952,000$952,000$952,000
45$1,052,200$1,001,744$986,988$1,088,107
46$1,103,367$994,673$963,895$1,107,046
47$1,157,986$985,486$938,260$1,122,280
48$1,216,350$974,025$909,942$1,137,713
49$1,278,786$960,120$878,793$1,153,394
50$1,345,648$943,592$844,659$1,169,378
51$1,417,328$924,252$807,379$1,185,734
52$1,494,254$901,899$766,784$1,202,538
53$1,576,895$876,319$722,699$1,219,881
54$1,665,768$847,289$674,939$1,237,868
55$1,761,439$814,568$623,312$1,256,618
56$1,864,530$777,906$567,617$1,276,269
57$1,975,724$737,036$507,644$1,296,981
58$2,095,772$691,674$443,174$1,318,933
59$2,225,498$641,524$373,978$1,342,331
60$2,365,809$586,268$299,816$1,367,409
61$2,517,701$525,575$220,440$1,394,431
62$2,682,269$459,091$135,587$1,423,698
63$2,860,717$386,443$44,986$1,455,549
64$3,054,370$307,239$0$1,490,366
65$3,264,685$221,062$0$1,541,268
66$3,493,262$127,474$0$1,608,657
67$3,741,866$26,011$0$1,682,104
68$4,012,434$0$0$1,762,298
69$4,307,100$0$0$1,883,212
70$4,628,213$0$0$2,026,318
71$4,978,355$0$0$2,182,478
72$5,360,370$0$0$2,352,974
73$5,777,390$0$0$2,539,220
74$6,232,858$0$0$2,742,770
75$6,730,569$0$0$2,965,334
76$7,274,698$0$0$3,208,799
77$7,869,843$0$0$3,475,239
78$8,521,066$0$0$3,766,938
79$9,233,941$0$0$4,086,414
80$10,014,607$0$0$4,436,436
81$10,869,824$0$0$4,820,056
82$11,807,035$0$0$5,240,636
83$12,834,439$0$0$5,701,876
84$13,961,066$0$0$6,207,853
85$15,196,859$0$0$6,763,059
86$16,552,775$0$0$7,372,438
87$18,040,878$0$0$8,041,440
88$19,674,458$0$0$8,776,066
89$21,468,156$0$0$9,582,927
90$23,438,099$0$0$10,469,307
91$25,602,052$0$0$11,443,229
92$27,979,586$0$0$12,513,531
93$30,592,262$0$0$13,689,951
94$33,463,831$0$0$14,983,218
95$36,620,462$0$0$16,405,150
96$40,090,983$0$0$17,968,769
97$43,907,158$0$0$19,688,421
98$48,103,980$0$0$21,579,913
99$52,720,004$0$0$23,660,661
100$57,797,708$0$0$25,949,852