Can I retire at age 45 with 901,000?

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 $901,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$74,404$73,741$73,094$72,463$71,847$70,890
2 years$36,834$36,148$35,483$34,838$34,213$33,251
3 years$24,312$23,623$22,960$22,321$21,706$20,768
4 years$18,052$17,365$16,709$16,081$15,481$14,575
5 years$14,297$13,615$12,967$12,352$11,768$10,896
6 years$11,795$11,117$10,479$9,878$9,312$8,475
7 years$10,008$9,336$8,708$8,121$7,573$6,771
8 years$8,669$8,003$7,385$6,813$6,283$5,516
9 years$7,628$6,968$6,361$5,803$5,291$4,560
10 years$6,795$6,142$5,546$5,002$4,508$3,811
11 years$6,114$5,468$4,882$4,353$3,877$3,214
12 years$5,548$4,908$4,333$3,818$3,360$2,730
13 years$5,068$4,435$3,871$3,371$2,930$2,332
14 years$4,658$4,031$3,478$2,993$2,568$2,002
15 years$4,302$3,683$3,140$2,669$2,261$1,726
16 years$3,992$3,379$2,847$2,390$1,999$1,492
17 years$3,718$3,112$2,591$2,147$1,772$1,294
18 years$3,475$2,875$2,365$1,935$1,576$1,125
19 years$3,258$2,665$2,165$1,748$1,404$980
20 years$3,062$2,476$1,987$1,583$1,254$856
21 years$2,886$2,307$1,828$1,437$1,123$748
22 years$2,726$2,153$1,685$1,307$1,006$654
23 years$2,579$2,014$1,555$1,190$903$573
24 years$2,446$1,887$1,438$1,085$812$503
25 years$2,323$1,771$1,332$991$731$442
26 years$2,210$1,664$1,236$906$658$388
27 years$2,105$1,566$1,147$830$593$341
28 years$2,008$1,476$1,067$760$535$300
29 years$1,918$1,392$993$697$483$264
30 years$1,834$1,315$925$640$437$233
31 years$1,756$1,243$862$587$395$205
32 years$1,682$1,176$804$540$357$180
33 years$1,614$1,114$751$496$323$159
34 years$1,549$1,056$702$457$293$140
35 years$1,488$1,001$656$421$265$124
36 years$1,431$950$614$387$240$109
37 years$1,377$903$574$357$218$96
38 years$1,326$858$538$329$197$85
39 years$1,278$816$504$303$179$75
40 years$1,232$776$472$280$162$66
41 years$1,188$739$443$258$147$58
42 years$1,147$704$415$238$134$52
43 years$1,108$670$390$220$121$45
44 years$1,071$639$366$203$110$40
45 years$1,035$609$344$187$100$35
46 years$1,001$581$323$173$91$31
47 years$969$555$303$160$82$28
48 years$938$530$285$148$75$24
49 years$908$506$268$137$68$22
50 years$880$483$252$126$62$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $901,000, adding $4,374 every year, while hoping to spend $49,172 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$901,000$901,000$901,000$901,000
45$997,414$949,661$935,695$1,055,567
46$1,046,831$943,876$914,722$1,089,252
47$1,099,641$936,159$891,399$1,119,943
48$1,156,138$926,364$865,594$1,152,177
49$1,216,644$914,336$837,172$1,186,103
50$1,281,513$899,909$805,988$1,221,889
51$1,351,133$882,910$771,894$1,259,719
52$1,425,930$863,154$734,733$1,299,800
53$1,506,370$840,444$694,343$1,342,363
54$1,592,968$814,574$650,552$1,387,661
55$1,686,287$785,324$603,181$1,435,979
56$1,786,946$752,463$552,045$1,487,633
57$1,895,624$715,744$496,949$1,542,974
58$2,013,070$674,907$437,689$1,602,390
59$2,140,104$629,679$374,052$1,666,315
60$2,277,629$579,767$305,818$1,735,229
61$2,426,638$524,866$232,753$1,809,666
62$2,588,221$464,651$154,616$1,890,216
63$2,763,579$398,778$71,155$1,977,537
64$2,954,031$326,886$0$2,072,358
65$3,161,030$248,590$0$2,176,822
66$3,386,171$163,487$0$2,296,247
67$3,631,212$71,149$0$2,426,327
68$3,898,086$0$0$2,568,182
69$4,188,921$0$0$2,733,541
70$4,506,058$0$0$2,942,092
71$4,852,073$0$0$3,169,702
72$5,229,804$0$0$3,418,246
73$5,642,372$0$0$3,689,785
74$6,093,215$0$0$3,986,592
75$6,586,116$0$0$4,311,168
76$7,125,242$0$0$4,666,265
77$7,715,180$0$0$5,054,916
78$8,360,981$0$0$5,480,460
79$9,068,208$0$0$5,946,572
80$9,842,986$0$0$6,457,301
81$10,692,060$0$0$7,017,107
82$11,622,861$0$0$7,630,899
83$12,643,569$0$0$8,304,086
84$13,763,198$0$0$9,042,626
85$14,991,674$0$0$9,853,079
86$16,339,930$0$0$10,742,675
87$17,820,010$0$0$11,719,373
88$19,445,181$0$0$12,791,945
89$21,230,056$0$0$13,970,050
90$23,190,735$0$0$15,264,332
91$25,344,952$0$0$16,686,515
92$27,712,245$0$0$18,249,515
93$30,314,139$0$0$19,967,561
94$33,174,345$0$0$21,856,331
95$36,318,991$0$0$23,933,097
96$39,776,857$0$0$26,216,886
97$43,579,655$0$0$28,728,663
98$47,762,324$0$0$31,491,529
99$52,363,358$0$0$34,530,931
100$57,425,169$0$0$37,874,912