Can I retire at age 45 with 872,000?

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 $872,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$72,009$71,368$70,742$70,131$69,535$66,776
2 years$35,648$34,984$34,341$33,717$33,112$30,366
3 years$23,529$22,862$22,221$21,603$21,007$18,362
4 years$17,471$16,806$16,171$15,564$14,983$12,457
5 years$13,837$13,176$12,549$11,954$11,390$8,991
6 years$11,415$10,760$10,142$9,560$9,012$6,742
7 years$9,686$9,036$8,428$7,860$7,329$5,186
8 years$8,390$7,745$7,147$6,593$6,080$4,062
9 years$7,382$6,744$6,156$5,616$5,121$3,224
10 years$6,576$5,944$5,367$4,841$4,363$2,585
11 years$5,918$5,292$4,725$4,213$3,752$2,089
12 years$5,369$4,750$4,193$3,696$3,252$1,698
13 years$4,905$4,292$3,746$3,263$2,836$1,387
14 years$4,508$3,902$3,366$2,896$2,486$1,137
15 years$4,164$3,564$3,039$2,583$2,189$935
16 years$3,863$3,270$2,756$2,313$1,934$771
17 years$3,598$3,012$2,507$2,078$1,715$637
18 years$3,363$2,783$2,289$1,873$1,525$527
19 years$3,153$2,579$2,095$1,692$1,359$436
20 years$2,964$2,397$1,923$1,533$1,214$362
21 years$2,793$2,232$1,769$1,391$1,086$301
22 years$2,638$2,084$1,630$1,265$974$250
23 years$2,496$1,949$1,505$1,152$874$208
24 years$2,367$1,826$1,392$1,050$786$173
25 years$2,248$1,714$1,289$959$707$144
26 years$2,139$1,611$1,196$877$637$120
27 years$2,037$1,516$1,110$803$574$100
28 years$1,943$1,428$1,032$736$518$83
29 years$1,856$1,347$961$675$468$69
30 years$1,775$1,272$895$619$423$58
31 years$1,699$1,203$834$569$382$48
32 years$1,628$1,138$778$523$346$40
33 years$1,562$1,078$727$481$313$33
34 years$1,499$1,022$679$442$283$28
35 years$1,440$969$635$407$257$23
36 years$1,385$920$594$375$232$19
37 years$1,333$874$556$345$211$16
38 years$1,283$830$521$318$191$13
39 years$1,236$789$488$294$173$11
40 years$1,192$751$457$271$157$9
41 years$1,150$715$429$250$143$8
42 years$1,110$681$402$231$129$7
43 years$1,072$649$377$213$117$5
44 years$1,036$618$354$196$107$5
45 years$1,002$590$333$181$97$4
46 years$969$563$312$168$88$3
47 years$937$537$293$155$80$3
48 years$907$512$276$143$72$2
49 years$879$489$259$132$66$2
50 years$851$467$244$122$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $872,000, adding $5,954 every year, while hoping to spend $31,177 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: 52/40/8 Blend
44$872,000$872,000$872,000$872,000
45$967,086$920,870$907,354$1,015,133
46$1,032,556$932,820$904,578$1,060,396
47$1,103,660$944,311$900,664$1,105,718
48$1,180,938$955,288$895,542$1,154,265
49$1,264,987$965,690$889,136$1,206,348
50$1,356,463$975,455$881,368$1,262,309
51$1,456,086$984,516$872,158$1,322,526
52$1,564,650$992,801$861,418$1,387,418
53$1,683,029$1,000,233$849,061$1,457,445
54$1,812,184$1,006,731$834,991$1,533,118
55$1,953,174$1,012,208$819,110$1,614,997
56$2,107,164$1,016,573$801,316$1,703,703
57$2,275,436$1,019,726$781,502$1,799,922
58$2,459,402$1,021,564$759,553$1,904,409
59$2,660,616$1,021,976$735,354$2,017,999
60$2,880,791$1,020,844$708,780$2,141,613
61$3,121,810$1,018,044$679,702$2,276,269
62$3,385,749$1,013,442$647,987$2,423,089
63$3,674,893$1,006,899$613,492$2,583,313
64$3,991,760$998,265$576,072$2,758,307
65$4,339,122$987,382$535,573$2,949,581
66$4,720,030$974,082$491,832$3,158,802
67$5,137,849$958,187$444,684$3,387,807
68$5,596,280$939,509$393,952$3,638,626
69$6,099,404$917,849$339,453$3,913,497
70$6,651,715$892,995$280,996$4,214,892
71$7,258,161$864,723$218,381$4,545,536
72$7,924,197$832,797$151,399$4,908,437
73$8,655,827$796,967$79,834$5,306,915
74$9,459,670$756,966$3,456$5,744,632
75$10,343,014$712,516$0$6,225,628
76$11,313,891$663,319$0$6,761,022
77$12,381,148$609,061$0$7,349,817
78$13,554,533$549,413$0$7,997,164
79$14,844,783$484,022$0$8,709,071
80$16,263,731$412,519$0$9,492,161
81$17,824,413$334,514$0$10,353,741
82$19,541,190$249,592$0$11,301,866
83$21,429,887$157,318$0$12,345,424
84$23,507,939$57,230$0$13,494,210
85$25,794,557$0$0$14,759,029
86$28,310,907$0$0$16,174,312
87$31,080,313$0$0$17,759,750
88$34,128,471$0$0$19,504,875
89$37,483,697$0$0$21,425,913
90$41,177,191$0$0$23,540,739
91$45,243,331$0$0$25,869,054
92$49,719,998$0$0$28,432,562
93$54,648,934$0$0$31,255,182
94$60,076,133$0$0$34,363,267
95$66,052,276$0$0$37,785,859
96$72,633,208$0$0$41,554,958
97$79,880,470$0$0$45,705,825
98$87,861,870$0$0$50,277,317
99$96,652,132$0$0$55,312,250
100$106,333,593$0$0$60,857,806