Can I retire at age 45 with 876,000?

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 $876,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$72,339$71,695$71,066$70,453$69,853$67,699
2 years$35,812$35,145$34,498$33,871$33,264$31,112
3 years$23,637$22,967$22,323$21,702$21,104$19,022
4 years$17,551$16,883$16,245$15,635$15,051$13,056
5 years$13,901$13,237$12,607$12,009$11,442$9,538
6 years$11,468$10,809$10,188$9,604$9,054$7,243
7 years$9,730$9,077$8,466$7,896$7,363$5,645
8 years$8,428$7,781$7,180$6,624$6,108$4,482
9 years$7,416$6,775$6,184$5,642$5,144$3,608
10 years$6,606$5,972$5,392$4,863$4,383$2,935
11 years$5,945$5,316$4,747$4,233$3,770$2,407
12 years$5,394$4,771$4,213$3,713$3,267$1,987
13 years$4,928$4,312$3,764$3,278$2,849$1,648
14 years$4,529$3,919$3,382$2,909$2,497$1,373
15 years$4,183$3,581$3,053$2,595$2,199$1,148
16 years$3,881$3,285$2,768$2,323$1,943$962
17 years$3,615$3,025$2,519$2,087$1,723$809
18 years$3,378$2,796$2,299$1,881$1,532$681
19 years$3,167$2,591$2,105$1,700$1,365$574
20 years$2,977$2,408$1,932$1,540$1,220$484
21 years$2,806$2,243$1,777$1,397$1,091$409
22 years$2,650$2,093$1,638$1,270$978$346
23 years$2,508$1,958$1,512$1,157$878$293
24 years$2,378$1,834$1,399$1,055$789$248
25 years$2,258$1,722$1,295$964$710$211
26 years$2,148$1,618$1,201$881$640$179
27 years$2,047$1,523$1,116$807$577$152
28 years$1,952$1,435$1,037$739$520$129
29 years$1,865$1,354$965$678$470$109
30 years$1,783$1,278$899$622$425$93
31 years$1,707$1,208$838$571$384$79
32 years$1,636$1,143$782$525$347$67
33 years$1,569$1,083$730$483$314$57
34 years$1,506$1,026$682$444$285$48
35 years$1,447$973$638$409$258$41
36 years$1,391$924$597$377$234$35
37 years$1,339$878$558$347$212$30
38 years$1,289$834$523$320$192$25
39 years$1,242$793$490$295$174$21
40 years$1,198$754$459$272$158$18
41 years$1,155$718$431$251$143$15
42 years$1,115$684$404$232$130$13
43 years$1,077$652$379$214$118$11
44 years$1,041$621$356$197$107$10
45 years$1,006$592$334$182$97$8
46 years$973$565$314$168$88$7
47 years$942$539$295$156$80$6
48 years$912$515$277$144$73$5
49 years$883$492$260$133$66$4
50 years$855$470$245$123$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $876,000, adding $6,272 every year, while hoping to spend $42,749 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: 56/29/15 Blend
44$876,000$876,000$876,000$876,000
45$971,822$925,394$911,816$1,022,105
46$1,025,463$925,253$896,877$1,056,816
47$1,083,143$923,673$880,005$1,089,425
48$1,145,228$920,538$861,090$1,123,966
49$1,212,121$915,725$840,016$1,160,632
50$1,284,266$909,103$816,665$1,199,639
51$1,362,146$900,535$790,909$1,241,226
52$1,446,298$889,874$762,617$1,285,656
53$1,537,307$876,964$731,652$1,333,224
54$1,635,820$861,642$697,869$1,384,255
55$1,742,544$843,733$661,118$1,439,112
56$1,858,260$823,053$621,242$1,498,194
57$1,983,825$799,405$578,076$1,561,946
58$2,120,182$772,583$531,449$1,630,861
59$2,268,369$742,369$481,181$1,705,485
60$2,429,528$708,529$427,085$1,786,422
61$2,604,912$670,820$368,965$1,874,342
62$2,795,904$628,981$306,617$1,969,988
63$3,004,024$582,739$239,826$2,074,181
64$3,230,945$531,803$168,370$2,187,832
65$3,478,508$475,868$92,017$2,311,946
66$3,748,739$414,609$10,524$2,447,639
67$4,043,870$347,685$0$2,596,145
68$4,366,356$274,732$0$2,771,063
69$4,718,901$195,371$0$2,964,260
70$5,104,482$109,197$0$3,175,764
71$5,526,376$15,785$0$3,407,469
72$5,988,192$0$0$3,661,465
73$6,493,904$0$0$3,967,284
74$7,047,889$0$0$4,307,892
75$7,654,966$0$0$4,681,224
76$8,320,443$0$0$5,090,554
77$9,050,165$0$0$5,539,490
78$9,850,572$0$0$6,032,002
79$10,728,755$0$0$6,572,466
80$11,692,526$0$0$7,165,702
81$12,750,488$0$0$7,817,017
82$13,912,121$0$0$8,532,259
83$15,187,864$0$0$9,317,870
84$16,589,219$0$0$10,180,946
85$18,128,856$0$0$11,129,305
86$19,820,734$0$0$12,171,557
87$21,680,229$0$0$13,317,192
88$23,724,283$0$0$14,576,662
89$25,971,560$0$0$15,961,484
90$28,442,622$0$0$17,484,344
91$31,160,124$0$0$19,159,221
92$34,149,026$0$0$21,001,518
93$37,436,830$0$0$23,028,203
94$41,053,834$0$0$25,257,972
95$45,033,424$0$0$27,711,425
96$49,412,383$0$0$30,411,261
97$54,231,241$0$0$33,382,488
98$59,534,654$0$0$36,652,663
99$65,371,829$0$0$40,252,148
100$71,796,981$0$0$44,214,399