Can I retire at age 45 with 874,000?

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 $874,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$72,174$71,531$70,904$70,292$69,694$66,982
2 years$35,730$35,064$34,419$33,794$33,188$30,488
3 years$23,583$22,915$22,272$21,652$21,056$18,453
4 years$17,511$16,845$16,208$15,599$15,017$12,532
5 years$13,869$13,207$12,578$11,982$11,416$9,054
6 years$11,441$10,784$10,165$9,582$9,033$6,797
7 years$9,708$9,057$8,447$7,878$7,346$5,234
8 years$8,409$7,763$7,164$6,608$6,094$4,105
9 years$7,399$6,759$6,170$5,629$5,132$3,262
10 years$6,591$5,958$5,379$4,852$4,373$2,619
11 years$5,931$5,304$4,736$4,223$3,761$2,119
12 years$5,381$4,761$4,203$3,704$3,259$1,724
13 years$4,916$4,302$3,755$3,270$2,842$1,410
14 years$4,518$3,911$3,374$2,903$2,491$1,158
15 years$4,174$3,572$3,046$2,589$2,194$953
16 years$3,872$3,278$2,762$2,318$1,939$787
17 years$3,607$3,019$2,513$2,083$1,719$651
18 years$3,371$2,789$2,294$1,877$1,528$540
19 years$3,160$2,585$2,100$1,696$1,362$448
20 years$2,970$2,402$1,927$1,536$1,217$372
21 years$2,799$2,238$1,773$1,394$1,089$309
22 years$2,644$2,089$1,634$1,268$976$257
23 years$2,502$1,953$1,509$1,154$876$214
24 years$2,372$1,830$1,395$1,053$788$179
25 years$2,253$1,718$1,292$962$709$149
26 years$2,144$1,614$1,199$879$638$124
27 years$2,042$1,519$1,113$805$576$104
28 years$1,948$1,432$1,035$737$519$86
29 years$1,861$1,351$963$676$469$72
30 years$1,779$1,275$897$620$424$60
31 years$1,703$1,206$836$570$383$50
32 years$1,632$1,141$780$524$346$42
33 years$1,565$1,080$728$482$314$35
34 years$1,503$1,024$681$443$284$29
35 years$1,444$971$636$408$257$24
36 years$1,388$922$595$376$233$20
37 years$1,336$876$557$346$211$17
38 years$1,286$832$522$319$191$14
39 years$1,239$791$489$294$174$12
40 years$1,195$753$458$271$157$10
41 years$1,153$717$430$250$143$8
42 years$1,113$682$403$231$130$7
43 years$1,075$650$378$213$118$6
44 years$1,038$620$355$197$107$5
45 years$1,004$591$333$182$97$4
46 years$971$564$313$168$88$3
47 years$940$538$294$155$80$3
48 years$910$514$276$143$73$2
49 years$881$490$260$133$66$2
50 years$853$469$244$123$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $874,000, adding $4,904 every year, while hoping to spend $22,976 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: 63/32/5 Blend
44$874,000$874,000$874,000$874,000
45$968,206$921,884$908,337$1,028,171
46$1,042,517$942,611$914,320$1,089,436
47$1,123,638$963,582$919,734$1,153,137
48$1,212,238$984,787$924,534$1,222,080
49$1,309,056$1,006,212$928,676$1,296,770
50$1,414,905$1,027,841$932,112$1,377,763
51$1,530,678$1,049,658$934,791$1,465,673
52$1,657,361$1,071,645$936,660$1,561,175
53$1,796,039$1,093,782$937,664$1,665,011
54$1,947,904$1,116,047$937,746$1,778,002
55$2,114,273$1,138,416$936,843$1,901,047
56$2,296,593$1,160,863$934,892$2,035,143
57$2,496,460$1,183,360$931,825$2,181,381
58$2,715,631$1,205,876$927,573$2,340,969
59$2,956,039$1,228,378$922,060$2,515,235
60$3,219,817$1,250,830$915,211$2,705,642
61$3,509,311$1,273,194$906,944$2,913,804
62$3,827,108$1,295,427$897,173$3,141,495
63$4,176,055$1,317,485$885,810$3,390,676
64$4,559,290$1,339,319$872,762$3,663,502
65$4,980,269$1,360,877$857,931$3,962,351
66$5,442,800$1,382,103$841,215$4,289,842
67$5,951,077$1,402,938$822,508$4,648,862
68$6,509,721$1,423,316$801,696$5,042,593
69$7,123,823$1,443,170$778,664$5,474,538
70$7,798,993$1,462,424$753,288$5,948,561
71$8,541,408$1,481,002$725,442$6,468,920
72$9,357,878$1,498,817$694,991$7,040,306
73$10,255,904$1,515,781$661,795$7,667,889
74$11,243,748$1,531,797$625,707$8,357,366
75$12,330,518$1,546,762$586,576$9,115,018
76$13,526,246$1,560,568$544,241$9,947,765
77$14,841,985$1,573,098$498,535$10,863,234
78$16,289,915$1,584,228$449,284$11,869,829
79$17,883,457$1,593,825$396,305$12,976,815
80$19,637,397$1,601,750$339,409$14,194,401
81$21,568,029$1,607,853$278,396$15,533,837
82$23,693,304$1,611,975$213,059$17,007,525
83$26,033,007$1,613,947$143,182$18,629,129
84$28,608,933$1,613,589$68,538$20,413,712
85$31,445,100$1,610,712$0$22,377,873
86$34,567,976$1,605,112$0$24,540,498
87$38,006,723$1,596,576$0$26,925,096
88$41,793,475$1,584,875$0$29,550,242
89$45,963,644$1,569,768$0$32,440,436
90$50,556,247$1,550,998$0$35,622,684
91$55,614,281$1,528,294$0$39,126,744
92$61,185,127$1,501,369$0$42,985,414
93$67,320,991$1,469,917$0$47,234,837
94$74,079,405$1,433,616$0$51,914,847
95$81,523,765$1,392,124$0$57,069,343
96$89,723,930$1,345,080$0$62,746,703
97$98,756,882$1,292,099$0$69,000,244
98$108,707,449$1,232,777$0$75,888,724
99$119,669,111$1,166,686$0$83,476,897
100$131,744,878$1,093,371$0$91,836,129