Can I retire at age 45 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$72,257$71,613$70,985$70,372$69,774$67,325
2 years$35,771$35,104$34,459$33,833$33,226$30,784
3 years$23,610$22,941$22,297$21,677$21,080$18,722
4 years$17,531$16,864$16,227$15,617$15,034$12,779
5 years$13,885$13,222$12,593$11,995$11,429$9,282
6 years$11,455$10,797$10,177$9,593$9,043$7,006
7 years$9,719$9,067$8,457$7,887$7,355$5,426
8 years$8,419$7,772$7,172$6,616$6,101$4,281
9 years$7,407$6,767$6,177$5,635$5,138$3,423
10 years$6,599$5,965$5,385$4,858$4,378$2,765
11 years$5,938$5,310$4,741$4,228$3,765$2,252
12 years$5,387$4,766$4,208$3,708$3,263$1,845
13 years$4,922$4,307$3,759$3,274$2,845$1,519
14 years$4,523$3,915$3,378$2,906$2,494$1,256
15 years$4,178$3,576$3,050$2,592$2,196$1,042
16 years$3,877$3,281$2,765$2,321$1,941$866
17 years$3,611$3,022$2,516$2,085$1,721$722
18 years$3,375$2,792$2,297$1,879$1,530$603
19 years$3,164$2,588$2,103$1,698$1,364$504
20 years$2,974$2,405$1,930$1,538$1,218$422
21 years$2,802$2,240$1,775$1,396$1,090$354
22 years$2,647$2,091$1,636$1,269$977$297
23 years$2,505$1,956$1,510$1,156$877$249
24 years$2,375$1,832$1,397$1,054$788$209
25 years$2,256$1,720$1,294$963$709$176
26 years$2,146$1,616$1,200$880$639$148
27 years$2,044$1,521$1,114$806$576$124
28 years$1,950$1,433$1,036$738$520$104
29 years$1,863$1,352$964$677$469$88
30 years$1,781$1,277$898$621$424$74
31 years$1,705$1,207$837$571$383$62
32 years$1,634$1,142$781$524$347$52
33 years$1,567$1,082$729$482$314$44
34 years$1,504$1,025$681$444$284$37
35 years$1,445$972$637$408$257$31
36 years$1,390$923$596$376$233$26
37 years$1,337$877$558$347$211$22
38 years$1,288$833$522$319$192$19
39 years$1,241$792$489$295$174$16
40 years$1,196$754$459$272$158$13
41 years$1,154$717$430$251$143$11
42 years$1,114$683$403$231$130$9
43 years$1,076$651$379$214$118$8
44 years$1,040$620$355$197$107$7
45 years$1,005$592$334$182$97$6
46 years$972$564$313$168$88$5
47 years$941$539$294$155$80$4
48 years$911$514$277$144$73$3
49 years$882$491$260$133$66$3
50 years$854$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 $875,000, adding $4,061 every year, while hoping to spend $29,359 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: 67/10/23 Blend
44$875,000$875,000$875,000$875,000
45$968,439$922,064$908,501$1,027,378
46$1,035,982$936,007$907,698$1,081,387
47$1,109,430$949,650$905,885$1,136,697
48$1,189,356$962,946$902,995$1,196,499
49$1,276,386$975,847$898,962$1,261,236
50$1,371,214$988,300$893,713$1,331,397
51$1,474,600$1,000,249$887,175$1,407,521
52$1,587,383$1,011,634$879,269$1,490,201
53$1,710,484$1,022,393$869,913$1,580,092
54$1,844,919$1,032,455$859,020$1,677,916
55$1,991,805$1,041,750$846,502$1,784,469
56$2,152,373$1,050,200$832,263$1,900,630
57$2,327,977$1,057,721$816,206$2,027,366
58$2,520,108$1,064,227$798,227$2,165,745
59$2,730,410$1,069,625$778,218$2,316,945
60$2,960,689$1,073,814$756,065$2,482,262
61$3,212,938$1,076,689$731,652$2,663,129
62$3,489,349$1,078,139$704,854$2,861,123
63$3,792,338$1,078,043$675,542$3,077,986
64$4,124,565$1,076,276$643,582$3,315,634
65$4,488,960$1,072,702$608,830$3,576,185
66$4,888,748$1,067,179$571,141$3,861,970
67$5,327,486$1,059,556$530,360$4,175,562
68$5,809,088$1,049,673$486,325$4,519,797
69$6,337,866$1,037,358$438,868$4,897,800
70$6,918,571$1,022,431$387,813$5,313,019
71$7,556,437$1,004,702$332,976$5,769,253
72$8,257,229$983,968$274,166$6,270,695
73$9,027,297$960,014$211,182$6,821,961
74$9,873,640$932,612$143,815$7,428,145
75$10,803,964$901,523$71,845$8,094,862
76$11,826,763$866,492$0$8,828,301
77$12,951,392$827,250$0$9,636,502
78$14,188,159$783,511$0$10,544,665
79$15,548,423$734,974$0$11,543,494
80$17,044,694$681,320$0$12,642,194
81$18,690,762$622,213$0$13,850,908
82$20,501,814$557,296$0$15,180,814
83$22,494,589$486,193$0$16,644,229
84$24,687,526$408,506$0$18,254,728
85$27,100,946$323,815$0$20,027,267
86$29,757,236$231,676$0$21,978,330
87$32,681,066$131,620$0$24,126,081
88$35,899,617$23,151$0$26,490,537
89$39,442,840$0$0$29,093,757
90$43,343,738$0$0$31,970,422
91$47,638,676$0$0$35,140,538
92$52,367,725$0$0$38,631,145
93$57,575,038$0$0$42,474,841
94$63,309,271$0$0$46,707,548
95$69,624,035$0$0$51,368,850
96$76,578,407$0$0$56,502,364
97$84,237,486$0$0$62,156,155
98$92,673,006$0$0$68,383,184
99$101,964,013$0$0$75,241,814
100$112,197,610$0$0$82,796,357