Can I retire at age 45 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$74,321$73,659$73,013$72,383$71,767$71,345
2 years$36,793$36,107$35,443$34,799$34,175$33,749
3 years$24,285$23,597$22,934$22,296$21,682$21,265
4 years$18,032$17,346$16,690$16,063$15,464$15,060
5 years$14,281$13,599$12,952$12,338$11,755$11,365
6 years$11,782$11,105$10,467$9,867$9,302$8,926
7 years$9,997$9,326$8,698$8,112$7,565$7,203
8 years$8,659$7,994$7,377$6,805$6,276$5,929
9 years$7,619$6,960$6,354$5,796$5,285$4,953
10 years$6,787$6,135$5,539$4,997$4,503$4,185
11 years$6,108$5,462$4,877$4,348$3,873$3,569
12 years$5,541$4,902$4,328$3,814$3,356$3,066
13 years$5,063$4,430$3,867$3,367$2,927$2,650
14 years$4,653$4,027$3,474$2,989$2,565$2,302
15 years$4,298$3,679$3,137$2,666$2,259$2,008
16 years$3,987$3,375$2,844$2,387$1,996$1,758
17 years$3,714$3,108$2,588$2,145$1,770$1,544
18 years$3,471$2,872$2,362$1,933$1,574$1,360
19 years$3,254$2,662$2,163$1,746$1,403$1,200
20 years$3,059$2,474$1,985$1,582$1,253$1,061
21 years$2,883$2,304$1,826$1,436$1,121$940
22 years$2,722$2,151$1,683$1,305$1,005$834
23 years$2,577$2,012$1,554$1,189$902$741
24 years$2,443$1,885$1,437$1,084$811$659
25 years$2,320$1,769$1,331$990$730$587
26 years$2,207$1,662$1,234$905$657$523
27 years$2,103$1,564$1,146$829$593$466
28 years$2,006$1,474$1,065$759$535$416
29 years$1,916$1,391$991$696$483$372
30 years$1,832$1,313$924$639$436$332
31 years$1,754$1,242$861$587$394$297
32 years$1,680$1,175$803$539$357$265
33 years$1,612$1,113$750$496$323$237
34 years$1,547$1,054$701$456$292$213
35 years$1,487$1,000$655$420$265$190
36 years$1,429$949$613$387$240$170
37 years$1,375$902$574$356$217$153
38 years$1,324$857$537$329$197$137
39 years$1,276$815$503$303$179$123
40 years$1,230$775$472$279$162$110
41 years$1,187$738$442$258$147$98
42 years$1,146$703$415$238$133$88
43 years$1,107$670$389$220$121$79
44 years$1,069$638$366$203$110$71
45 years$1,034$609$343$187$100$64
46 years$1,000$581$322$173$91$57
47 years$968$554$303$160$82$51
48 years$937$529$285$148$75$46
49 years$907$505$267$136$68$41
50 years$879$482$251$126$62$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $900,000, adding $6,828 every year, while hoping to spend $41,504 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: 60/33/7 Blend
44$900,000$900,000$900,000$900,000
45$998,843$951,143$937,193$1,056,932
46$1,056,565$953,589$924,429$1,099,103
47$1,118,784$954,764$909,847$1,139,704
48$1,185,914$954,562$893,341$1,182,941
49$1,258,411$952,869$874,802$1,229,067
50$1,336,777$949,567$854,115$1,278,365
51$1,421,561$944,529$831,160$1,331,144
52$1,513,368$937,619$805,813$1,387,751
53$1,612,864$928,695$777,940$1,448,566
54$1,720,781$917,606$747,406$1,514,010
55$1,837,922$904,190$714,065$1,584,550
56$1,965,173$888,278$677,769$1,660,701
57$2,103,507$869,690$638,360$1,743,033
58$2,253,994$848,234$595,675$1,832,175
59$2,417,812$823,708$549,541$1,928,825
60$2,596,258$795,899$499,780$2,033,753
61$2,790,759$764,580$446,205$2,147,811
62$3,002,883$729,512$388,619$2,271,938
63$3,234,359$690,440$326,820$2,407,176
64$3,487,089$647,097$260,594$2,554,674
65$3,763,167$599,199$189,718$2,715,701
66$4,064,897$546,447$113,961$2,891,663
67$4,394,816$488,523$33,079$3,084,109
68$4,755,720$425,092$0$3,294,753
69$5,150,683$355,802$0$3,529,464
70$5,583,094$280,278$0$3,789,251
71$6,056,683$198,124$0$4,073,970
72$6,575,557$108,925$0$4,386,194
73$7,144,241$12,240$0$4,728,761
74$7,767,717$0$0$5,104,805
75$8,451,473$0$0$5,551,336
76$9,201,552$0$0$6,046,130
77$10,024,612$0$0$6,589,143
78$10,927,986$0$0$7,185,221
79$11,919,752$0$0$7,839,705
80$13,008,806$0$0$8,558,477
81$14,204,952$0$0$9,348,015
82$15,518,985$0$0$10,215,458
83$16,962,801$0$0$11,168,670
84$18,549,505$0$0$12,216,314
85$20,293,532$0$0$13,367,933
86$22,210,786$0$0$14,634,042
87$24,318,791$0$0$16,026,226
88$26,636,852$0$0$17,557,246
89$29,186,237$0$0$19,241,166
90$31,990,381$0$0$21,093,478
91$35,075,103$0$0$23,131,251
92$38,468,851$0$0$25,373,294
93$42,202,967$0$0$27,840,329
94$46,311,987$0$0$30,555,189
95$50,833,964$0$0$33,543,031
96$55,810,823$0$0$36,831,577
97$61,288,765$0$0$40,451,369
98$67,318,691$0$0$44,436,065
99$73,956,691$0$0$48,822,746
100$81,264,569$0$0$53,652,277