Can I retire at age 45 with 899,000?

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 $899,000?

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$74,239$73,577$72,932$72,302$71,688$68,898
2 years$36,752$36,067$35,404$34,761$34,137$31,360
3 years$24,258$23,570$22,909$22,272$21,658$18,981
4 years$18,012$17,327$16,672$16,045$15,447$12,890
5 years$14,266$13,584$12,938$12,324$11,742$9,313
6 years$11,769$11,093$10,456$9,856$9,291$6,991
7 years$9,986$9,316$8,689$8,103$7,556$5,384
8 years$8,650$7,985$7,369$6,797$6,269$4,222
9 years$7,611$6,953$6,347$5,790$5,279$3,356
10 years$6,780$6,128$5,533$4,991$4,498$2,694
11 years$6,101$5,456$4,871$4,344$3,868$2,179
12 years$5,535$4,897$4,323$3,810$3,352$1,774
13 years$5,057$4,425$3,862$3,364$2,923$1,451
14 years$4,647$4,022$3,470$2,986$2,563$1,191
15 years$4,293$3,675$3,133$2,663$2,256$981
16 years$3,983$3,371$2,841$2,384$1,994$810
17 years$3,710$3,105$2,585$2,142$1,768$670
18 years$3,467$2,869$2,360$1,931$1,572$555
19 years$3,250$2,659$2,160$1,744$1,401$461
20 years$3,055$2,471$1,983$1,580$1,252$383
21 years$2,879$2,302$1,824$1,434$1,120$318
22 years$2,719$2,148$1,681$1,304$1,004$265
23 years$2,574$2,009$1,552$1,187$901$221
24 years$2,440$1,883$1,435$1,083$810$184
25 years$2,318$1,767$1,329$989$729$153
26 years$2,205$1,660$1,233$904$657$128
27 years$2,100$1,563$1,145$828$592$107
28 years$2,004$1,473$1,064$758$534$89
29 years$1,914$1,389$990$695$482$74
30 years$1,830$1,312$923$638$436$62
31 years$1,752$1,240$860$586$394$52
32 years$1,679$1,173$802$539$356$43
33 years$1,610$1,111$749$495$323$36
34 years$1,546$1,053$700$456$292$30
35 years$1,485$999$654$420$265$25
36 years$1,428$948$612$386$240$21
37 years$1,374$901$573$356$217$18
38 years$1,323$856$537$328$197$15
39 years$1,275$814$503$303$179$12
40 years$1,229$774$471$279$162$10
41 years$1,186$737$442$258$147$9
42 years$1,145$702$415$238$133$7
43 years$1,105$669$389$219$121$6
44 years$1,068$638$365$203$110$5
45 years$1,033$608$343$187$100$4
46 years$999$580$322$173$91$3
47 years$966$553$302$160$82$3
48 years$936$528$284$148$75$2
49 years$906$505$267$136$68$2
50 years$878$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $899,000, adding $4,511 every year, while hoping to spend $50,701 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: 56/16/28 Blend
44$899,000$899,000$899,000$899,000
45$995,351$947,704$933,770$1,043,182
46$1,042,931$940,196$911,105$1,069,082
47$1,093,666$930,621$885,983$1,091,641
48$1,147,822$918,824$858,266$1,115,191
49$1,205,694$904,641$827,812$1,139,846
50$1,267,605$887,897$794,473$1,165,733
51$1,333,906$868,410$758,094$1,192,994
52$1,404,986$845,984$718,511$1,221,788
53$1,481,269$820,411$675,556$1,252,293
54$1,563,222$791,475$629,050$1,284,711
55$1,651,356$758,943$578,809$1,319,263
56$1,746,233$722,570$524,638$1,356,200
57$1,848,471$682,098$466,335$1,395,800
58$1,958,746$637,252$403,689$1,438,376
59$2,077,805$587,744$336,479$1,484,274
60$2,206,464$533,266$264,474$1,533,881
61$2,345,623$473,496$187,434$1,587,628
62$2,496,271$408,092$105,107$1,645,996
63$2,659,493$336,691$17,231$1,709,518
64$2,836,486$258,913$0$1,778,788
65$3,028,562$174,354$0$1,877,338
66$3,237,166$82,589$0$1,990,011
67$3,463,888$0$0$2,112,559
68$3,710,477$0$0$2,248,945
69$3,978,856$0$0$2,413,280
70$4,271,141$0$0$2,592,328
71$4,589,663$0$0$2,787,524
72$4,936,984$0$0$3,000,450
73$5,315,926$0$0$3,232,846
74$5,729,594$0$0$3,486,625
75$6,181,407$0$0$3,763,897
76$6,675,127$0$0$4,066,983
77$7,214,898$0$0$4,398,437
78$7,805,282$0$0$4,761,073
79$8,451,300$0$0$5,157,988
80$9,158,484$0$0$5,592,595
81$9,932,922$0$0$6,068,649
82$10,781,322$0$0$6,590,287
83$11,711,069$0$0$7,162,065
84$12,730,296$0$0$7,789,001
85$13,847,963$0$0$8,476,621
86$15,073,936$0$0$9,231,013
87$16,419,082$0$0$10,058,880
88$17,895,373$0$0$10,967,608
89$19,515,995$0$0$11,965,333
90$21,295,471$0$0$13,061,014
91$23,249,803$0$0$14,264,525
92$25,396,616$0$0$15,586,739
93$27,755,326$0$0$17,039,637
94$30,347,325$0$0$18,636,416
95$33,196,178$0$0$20,391,617
96$36,327,848$0$0$22,321,259
97$39,770,935$0$0$24,442,990
98$43,556,953$0$0$26,776,253
99$47,720,621$0$0$29,342,472
100$52,300,190$0$0$32,165,249