Can I retire at age 45 with 873,000?

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 $873,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$72,092$71,449$70,823$70,211$69,614$67,657
2 years$35,689$35,024$34,380$33,755$33,150$31,193
3 years$23,556$22,889$22,246$21,627$21,031$19,136
4 years$17,491$16,826$16,190$15,581$15,000$13,181
5 years$13,853$13,191$12,564$11,968$11,403$9,665
6 years$11,428$10,772$10,153$9,571$9,023$7,367
7 years$9,697$9,046$8,437$7,869$7,338$5,765
8 years$8,399$7,754$7,156$6,601$6,087$4,597
9 years$7,390$6,751$6,163$5,623$5,126$3,716
10 years$6,584$5,951$5,373$4,847$4,368$3,036
11 years$5,924$5,298$4,730$4,218$3,757$2,501
12 years$5,375$4,755$4,198$3,700$3,255$2,074
13 years$4,911$4,297$3,751$3,266$2,839$1,729
14 years$4,513$3,906$3,370$2,900$2,488$1,447
15 years$4,169$3,568$3,043$2,586$2,191$1,216
16 years$3,868$3,274$2,759$2,315$1,936$1,024
17 years$3,602$3,015$2,510$2,080$1,717$865
18 years$3,367$2,786$2,292$1,875$1,527$732
19 years$3,156$2,582$2,098$1,694$1,361$620
20 years$2,967$2,399$1,925$1,534$1,215$527
21 years$2,796$2,235$1,771$1,392$1,088$447
22 years$2,641$2,086$1,632$1,266$975$381
23 years$2,499$1,951$1,507$1,153$875$324
24 years$2,370$1,828$1,394$1,052$787$276
25 years$2,251$1,716$1,291$960$708$235
26 years$2,141$1,612$1,197$878$638$201
27 years$2,040$1,517$1,112$804$575$171
28 years$1,946$1,430$1,033$736$519$146
29 years$1,858$1,349$962$675$468$125
30 years$1,777$1,274$896$620$423$107
31 years$1,701$1,204$835$569$383$91
32 years$1,630$1,140$779$523$346$78
33 years$1,563$1,079$728$481$313$67
34 years$1,501$1,023$680$443$284$57
35 years$1,442$970$636$407$257$49
36 years$1,387$921$595$375$233$42
37 years$1,334$875$556$346$211$36
38 years$1,285$831$521$319$191$30
39 years$1,238$790$488$294$173$26
40 years$1,194$752$458$271$157$22
41 years$1,151$716$429$250$143$19
42 years$1,111$682$403$231$129$16
43 years$1,073$649$378$213$118$14
44 years$1,037$619$355$197$107$12
45 years$1,003$590$333$182$97$10
46 years$970$563$313$168$88$9
47 years$938$537$294$155$80$7
48 years$908$513$276$143$73$6
49 years$880$490$259$132$66$5
50 years$852$468$244$122$60$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $873,000, adding $2,813 every year, while hoping to spend $24,009 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: 48/23/29 Blend
44$873,000$873,000$873,000$873,000
45$964,948$918,679$905,147$1,003,151
46$1,037,827$938,148$909,924$1,049,821
47$1,117,335$957,768$914,057$1,097,906
48$1,204,123$977,518$917,497$1,149,668
49$1,298,908$997,380$920,197$1,205,466
50$1,402,477$1,017,333$922,104$1,265,697
51$1,515,699$1,037,351$923,165$1,330,799
52$1,639,530$1,057,412$923,321$1,401,253
53$1,775,023$1,077,486$922,512$1,477,592
54$1,923,336$1,097,543$920,678$1,560,403
55$2,085,746$1,117,553$917,750$1,650,334
56$2,263,658$1,137,478$913,660$1,748,098
57$2,458,620$1,157,284$908,337$1,854,485
58$2,672,336$1,176,927$901,703$1,970,362
59$2,906,683$1,196,366$893,679$2,096,690
60$3,163,730$1,215,553$884,182$2,234,524
61$3,445,753$1,234,438$873,125$2,385,032
62$3,755,262$1,252,967$860,416$2,549,501
63$4,095,018$1,271,082$845,960$2,729,349
64$4,468,067$1,288,721$829,656$2,926,141
65$4,877,760$1,305,819$811,400$3,141,604
66$5,327,791$1,322,303$791,081$3,377,642
67$5,822,229$1,338,100$768,586$3,636,353
68$6,365,556$1,353,127$743,793$3,920,054
69$6,962,711$1,367,298$716,578$4,231,299
70$7,619,133$1,380,521$686,810$4,572,903
71$8,340,816$1,392,698$654,350$4,947,973
72$9,134,364$1,403,725$619,055$5,359,932
73$10,007,052$1,413,490$580,776$5,812,558
74$10,966,894$1,421,875$539,355$6,310,015
75$12,022,723$1,428,752$494,629$6,856,895
76$13,184,269$1,433,989$446,427$7,458,261
77$14,462,251$1,437,441$394,570$8,119,696
78$15,868,484$1,438,959$338,870$8,847,356
79$17,415,981$1,438,380$279,134$9,648,028
80$19,119,084$1,435,533$215,158$10,529,196
81$20,993,593$1,430,237$146,728$11,499,111
82$23,056,920$1,422,298$73,624$12,566,869
83$25,328,248$1,411,514$0$13,742,500
84$27,828,717$1,397,665$0$15,038,419
85$30,581,618$1,380,524$0$16,489,857
86$33,612,619$1,359,845$0$18,087,526
87$36,949,999$1,335,370$0$19,846,323
88$40,624,922$1,306,827$0$21,782,664
89$44,671,728$1,273,924$0$23,914,643
90$49,128,253$1,236,356$0$26,262,202
91$54,036,195$1,193,797$0$28,847,315
92$59,441,498$1,145,904$0$31,694,202
93$65,394,790$1,092,313$0$34,829,555
94$71,951,861$1,032,639$0$38,282,792
95$79,174,188$966,475$0$42,086,332
96$87,129,515$893,392$0$46,275,903
97$95,892,490$812,933$0$50,890,883
98$105,545,376$724,619$0$55,974,666
99$116,178,819$627,940$0$61,575,079
100$127,892,710$522,360$0$67,744,829