Can I retire at age 45 with 902,000?

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 $902,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$74,486$73,823$73,176$72,544$71,927$71,444
2 years$36,874$36,188$35,522$34,877$34,251$33,763
3 years$24,339$23,649$22,985$22,346$21,730$21,254
4 years$18,072$17,385$16,727$16,099$15,498$15,036
5 years$14,313$13,630$12,981$12,366$11,781$11,336
6 years$11,808$11,130$10,491$9,889$9,322$8,893
7 years$10,019$9,347$8,718$8,130$7,581$7,169
8 years$8,678$8,012$7,393$6,820$6,290$5,894
9 years$7,636$6,976$6,368$5,809$5,297$4,918
10 years$6,803$6,149$5,552$5,008$4,513$4,151
11 years$6,121$5,474$4,888$4,358$3,881$3,535
12 years$5,554$4,913$4,338$3,823$3,364$3,033
13 years$5,074$4,440$3,875$3,375$2,933$2,618
14 years$4,663$4,036$3,482$2,996$2,571$2,272
15 years$4,307$3,687$3,144$2,672$2,264$1,979
16 years$3,996$3,383$2,850$2,392$2,001$1,730
17 years$3,722$3,115$2,594$2,149$1,774$1,518
18 years$3,479$2,879$2,368$1,937$1,577$1,334
19 years$3,261$2,668$2,168$1,750$1,406$1,176
20 years$3,066$2,479$1,989$1,585$1,256$1,039
21 years$2,889$2,309$1,830$1,439$1,124$919
22 years$2,729$2,156$1,686$1,308$1,007$814
23 years$2,582$2,016$1,557$1,191$904$722
24 years$2,448$1,889$1,440$1,087$813$641
25 years$2,325$1,773$1,334$992$731$570
26 years$2,212$1,666$1,237$907$659$507
27 years$2,107$1,568$1,149$830$594$451
28 years$2,010$1,477$1,068$761$536$402
29 years$1,920$1,394$994$698$484$359
30 years$1,836$1,316$926$640$437$320
31 years$1,758$1,244$863$588$395$285
32 years$1,684$1,177$805$541$358$255
33 years$1,615$1,115$752$497$324$228
34 years$1,551$1,057$702$457$293$203
35 years$1,490$1,002$657$421$265$182
36 years$1,433$951$614$388$240$163
37 years$1,379$904$575$357$218$145
38 years$1,327$859$538$329$198$130
39 years$1,279$817$504$304$179$116
40 years$1,233$777$473$280$163$104
41 years$1,190$740$443$258$147$93
42 years$1,148$704$416$238$134$83
43 years$1,109$671$390$220$121$75
44 years$1,072$640$366$203$110$67
45 years$1,036$610$344$188$100$60
46 years$1,002$582$323$173$91$54
47 years$970$555$304$160$82$48
48 years$939$530$285$148$75$43
49 years$909$506$268$137$68$38
50 years$881$484$252$126$62$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $902,000, adding $2,693 every year, while hoping to spend $49,281 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: 54/37/9 Blend
44$902,000$902,000$902,000$902,000
45$996,782$948,976$934,995$1,048,248
46$1,046,019$943,041$913,883$1,077,489
47$1,098,627$935,164$890,411$1,103,680
48$1,154,897$925,197$864,450$1,131,012
49$1,215,149$912,984$835,862$1,159,601
50$1,279,734$898,360$804,503$1,189,580
51$1,349,036$881,150$770,224$1,221,095
52$1,423,479$861,167$732,868$1,254,311
53$1,503,526$838,216$692,270$1,289,413
54$1,589,685$812,089$648,261$1,326,606
55$1,682,516$782,564$600,661$1,366,122
56$1,782,632$749,409$549,282$1,408,218
57$1,890,707$712,377$493,930$1,453,182
58$2,007,483$671,207$434,401$1,501,333
59$2,133,774$625,623$370,480$1,553,031
60$2,270,475$575,335$301,947$1,608,674
61$2,418,569$520,032$228,568$1,668,706
62$2,579,139$459,389$150,101$1,733,623
63$2,753,373$393,062$66,292$1,803,974
64$2,942,582$320,686$0$1,880,374
65$3,148,203$241,878$0$1,965,726
66$3,371,820$156,230$0$2,065,504
67$3,615,175$63,315$0$2,174,204
68$3,880,184$0$0$2,292,793
69$4,168,957$0$0$2,437,534
70$4,483,813$0$0$2,623,534
71$4,827,308$0$0$2,826,533
72$5,202,253$0$0$3,048,203
73$5,611,743$0$0$3,290,384
74$6,059,185$0$0$3,555,102
75$6,548,329$0$0$3,844,589
76$7,083,307$0$0$4,161,299
77$7,668,664$0$0$4,507,938
78$8,309,408$0$0$4,887,483
79$9,011,052$0$0$5,303,212
80$9,779,667$0$0$5,758,739
81$10,621,940$0$0$6,258,039
82$11,545,234$0$0$6,805,492
83$12,557,659$0$0$7,405,924
84$13,668,148$0$0$8,064,647
85$14,886,540$0$0$8,787,514
86$16,223,672$0$0$9,580,972
87$17,691,480$0$0$10,452,123
88$19,303,114$0$0$11,408,789
89$21,073,058$0$0$12,459,587
90$23,017,269$0$0$13,614,010
91$25,153,324$0$0$14,882,516
92$27,500,588$0$0$16,276,626
93$30,080,395$0$0$17,809,031
94$32,916,246$0$0$19,493,717
95$36,034,034$0$0$21,346,087
96$39,462,288$0$0$23,383,115
97$43,232,437$0$0$25,623,502
98$47,379,107$0$0$28,087,850
99$51,940,453$0$0$30,798,860
100$56,958,509$0$0$33,781,545