Can I retire at age 45 with 909,000?

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 $909,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$75,064$74,396$73,743$73,107$72,485$71,968
2 years$37,161$36,468$35,798$35,147$34,517$33,995
3 years$24,528$23,833$23,164$22,519$21,899$21,389
4 years$18,212$17,519$16,857$16,224$15,618$15,125
5 years$14,424$13,735$13,082$12,462$11,873$11,396
6 years$11,900$11,216$10,572$9,966$9,395$8,936
7 years$10,097$9,419$8,785$8,193$7,640$7,199
8 years$8,746$8,074$7,451$6,873$6,338$5,916
9 years$7,695$7,030$6,417$5,854$5,338$4,933
10 years$6,855$6,196$5,595$5,047$4,548$4,161
11 years$6,169$5,516$4,926$4,392$3,912$3,542
12 years$5,597$4,951$4,371$3,852$3,390$3,037
13 years$5,113$4,474$3,905$3,401$2,956$2,620
14 years$4,699$4,067$3,509$3,019$2,591$2,271
15 years$4,341$3,715$3,168$2,692$2,281$1,978
16 years$4,027$3,409$2,872$2,411$2,016$1,728
17 years$3,751$3,139$2,614$2,166$1,788$1,514
18 years$3,506$2,901$2,386$1,952$1,590$1,331
19 years$3,286$2,689$2,184$1,764$1,417$1,172
20 years$3,089$2,498$2,005$1,598$1,266$1,034
21 years$2,911$2,327$1,844$1,450$1,133$914
22 years$2,750$2,172$1,699$1,318$1,015$809
23 years$2,602$2,032$1,569$1,201$911$717
24 years$2,467$1,904$1,451$1,095$819$636
25 years$2,344$1,786$1,344$1,000$737$565
26 years$2,229$1,679$1,247$914$664$502
27 years$2,124$1,580$1,158$837$599$447
28 years$2,026$1,489$1,076$767$540$398
29 years$1,935$1,405$1,001$703$488$355
30 years$1,850$1,326$933$645$441$316
31 years$1,771$1,254$870$593$398$282
32 years$1,697$1,187$811$545$360$251
33 years$1,628$1,124$758$501$326$224
34 years$1,563$1,065$708$461$295$200
35 years$1,501$1,010$662$424$267$179
36 years$1,444$959$619$391$242$160
37 years$1,389$911$579$360$220$143
38 years$1,338$865$543$332$199$128
39 years$1,289$823$508$306$181$114
40 years$1,243$783$476$282$164$102
41 years$1,199$745$447$260$149$91
42 years$1,157$710$419$240$135$82
43 years$1,118$676$393$222$122$73
44 years$1,080$645$369$205$111$65
45 years$1,044$615$347$189$101$58
46 years$1,010$586$326$175$92$52
47 years$977$560$306$161$83$47
48 years$946$534$287$149$75$42
49 years$916$510$270$138$69$37
50 years$888$487$254$127$62$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $909,000, adding $3,787 every year, while hoping to spend $58,560 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: 82/12/6 Blend
44$909,000$909,000$909,000$909,000
45$1,005,624$957,447$943,358$1,087,386
46$1,045,891$942,055$912,653$1,125,991
47$1,088,301$923,945$878,957$1,160,126
48$1,133,014$902,924$842,107$1,195,783
49$1,180,198$878,785$801,935$1,233,083
50$1,230,041$851,308$758,263$1,272,153
51$1,282,747$820,263$710,906$1,313,139
52$1,338,536$785,406$659,670$1,356,197
53$1,397,652$746,476$604,355$1,401,502
54$1,460,359$703,200$544,747$1,449,246
55$1,526,947$655,288$480,627$1,499,641
56$1,597,732$602,433$411,765$1,552,919
57$1,673,061$544,313$337,919$1,609,339
58$1,753,313$480,584$258,839$1,669,185
59$1,838,903$410,884$174,262$1,732,769
60$1,930,286$334,832$83,915$1,800,439
61$2,027,960$252,024$0$1,872,577
62$2,132,471$162,033$0$1,950,404
63$2,244,419$64,408$0$2,039,371
64$2,364,460$0$0$2,134,633
65$2,493,316$0$0$2,242,237
66$2,631,776$0$0$2,367,014
67$2,780,711$0$0$2,501,246
68$2,941,072$0$0$2,645,791
69$3,113,906$0$0$2,801,598
70$3,300,365$0$0$2,969,703
71$3,501,711$0$0$3,151,249
72$3,719,332$0$0$3,347,490
73$3,954,755$0$0$3,559,804
74$4,209,656$0$0$3,789,706
75$4,485,881$0$0$4,038,863
76$4,785,455$0$0$4,309,105
77$5,110,610$0$0$4,602,449
78$5,463,797$0$0$4,921,108
79$5,847,714$0$0$5,267,521
80$6,265,329$0$0$5,644,368
81$6,719,907$0$0$6,054,600
82$7,215,041$0$0$6,501,462
83$7,754,684$0$0$6,988,528
84$8,343,187$0$0$7,519,727
85$8,985,339$0$0$8,099,387
86$9,686,413$0$0$8,732,271
87$10,452,209$0$0$9,423,622
88$11,289,118$0$0$10,179,211
89$12,204,170$0$0$11,005,393
90$13,205,110$0$0$11,909,165
91$14,300,463$0$0$12,898,230
92$15,499,619$0$0$13,981,071
93$16,812,914$0$0$15,167,029
94$18,251,733$0$0$16,466,391
95$19,828,615$0$0$17,890,487
96$21,557,368$0$0$19,451,793
97$23,453,200$0$0$21,164,051
98$25,532,862$0$0$23,042,397
99$27,814,804$0$0$25,103,502
100$30,319,348$0$0$27,365,729