Can I retire at age 45 with 911,000?

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 $911,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$75,230$74,559$73,906$73,268$72,644$70,207
2 years$37,242$36,549$35,877$35,225$34,593$32,161
3 years$24,582$23,885$23,214$22,569$21,947$19,597
4 years$18,252$17,558$16,894$16,260$15,653$13,403
5 years$14,456$13,766$13,111$12,489$11,899$9,755
6 years$11,926$11,241$10,595$9,987$9,415$7,380
7 years$10,119$9,440$8,805$8,211$7,657$5,729
8 years$8,765$8,092$7,467$6,888$6,352$4,530
9 years$7,712$7,045$6,431$5,867$5,350$3,631
10 years$6,870$6,210$5,607$5,058$4,558$2,941
11 years$6,182$5,529$4,936$4,402$3,920$2,401
12 years$5,609$4,962$4,381$3,861$3,397$1,973
13 years$5,125$4,484$3,914$3,409$2,962$1,629
14 years$4,710$4,076$3,517$3,026$2,597$1,350
15 years$4,350$3,724$3,175$2,698$2,286$1,123
16 years$4,036$3,416$2,879$2,416$2,021$937
17 years$3,759$3,146$2,620$2,171$1,792$783
18 years$3,513$2,907$2,391$1,956$1,593$656
19 years$3,294$2,694$2,189$1,768$1,420$550
20 years$3,096$2,504$2,009$1,601$1,268$462
21 years$2,918$2,332$1,848$1,453$1,135$388
22 years$2,756$2,177$1,703$1,321$1,017$327
23 years$2,608$2,036$1,573$1,203$913$275
24 years$2,473$1,908$1,454$1,097$821$232
25 years$2,349$1,790$1,347$1,002$739$195
26 years$2,234$1,683$1,249$916$665$165
27 years$2,128$1,584$1,160$839$600$139
28 years$2,030$1,492$1,078$768$541$117
29 years$1,939$1,408$1,004$705$489$99
30 years$1,854$1,329$935$647$442$84
31 years$1,775$1,257$872$594$399$71
32 years$1,701$1,189$813$546$361$60
33 years$1,631$1,126$759$502$327$50
34 years$1,566$1,067$709$462$296$43
35 years$1,505$1,012$663$425$268$36
36 years$1,447$961$620$392$243$30
37 years$1,392$913$581$361$220$26
38 years$1,341$867$544$333$200$22
39 years$1,292$825$509$307$181$18
40 years$1,245$785$478$283$164$15
41 years$1,202$747$448$261$149$13
42 years$1,160$711$420$241$135$11
43 years$1,120$678$394$222$123$9
44 years$1,082$646$370$205$111$8
45 years$1,046$616$347$190$101$7
46 years$1,012$588$326$175$92$6
47 years$979$561$307$162$83$5
48 years$948$535$288$149$76$4
49 years$918$511$271$138$69$3
50 years$889$488$255$128$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $911,000, adding $6,568 every year, while hoping to spend $33,887 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: 84/9/7 Blend
44$911,000$911,000$911,000$911,000
45$1,010,697$962,414$948,293$1,094,421
46$1,077,732$973,517$944,006$1,161,172
47$1,150,470$984,028$938,439$1,229,198
48$1,229,455$993,882$931,514$1,302,851
49$1,315,288$1,003,011$923,148$1,382,673
50$1,408,630$1,011,341$913,256$1,469,264
51$1,510,207$1,018,793$901,746$1,563,281
52$1,620,818$1,025,285$888,525$1,665,451
53$1,741,344$1,030,726$873,493$1,776,572
54$1,872,752$1,035,023$856,546$1,897,524
55$2,016,108$1,038,074$837,576$2,029,276
56$2,172,585$1,039,774$816,469$2,172,896
57$2,343,475$1,040,008$793,106$2,329,560
58$2,530,197$1,038,656$767,363$2,500,563
59$2,734,317$1,035,591$739,110$2,687,331
60$2,957,558$1,030,675$708,210$2,891,438
61$3,201,816$1,023,765$674,522$3,114,616
62$3,469,179$1,014,708$637,897$3,358,771
63$3,761,949$1,003,342$598,180$3,626,008
64$4,082,656$989,494$555,208$3,918,642
65$4,434,091$972,983$508,811$4,239,227
66$4,819,325$953,616$458,813$4,590,573
67$5,241,741$931,188$405,028$4,975,782
68$5,705,065$905,483$347,262$5,398,267
69$6,213,400$876,271$285,315$5,861,792
70$6,771,269$843,309$218,975$6,370,502
71$7,383,649$806,342$148,021$6,928,968
72$8,056,026$765,098$72,224$7,542,224
73$8,794,441$719,288$0$8,215,820
74$9,605,551$668,610$0$8,956,516
75$10,496,687$612,742$0$9,776,203
76$11,475,928$551,345$0$10,676,926
77$12,552,171$484,060$0$11,666,889
78$13,735,221$410,507$0$12,755,129
79$15,035,878$330,286$0$13,951,609
80$16,466,041$242,973$0$15,267,303
81$18,038,820$148,122$0$16,714,304
82$19,768,660$45,261$0$18,305,939
83$21,671,476$0$0$20,056,892
84$23,764,800$0$0$21,989,892
85$26,067,953$0$0$24,121,600
86$28,602,220$0$0$26,467,238
87$31,391,055$0$0$29,048,515
88$34,460,301$0$0$31,889,354
89$37,838,433$0$0$35,016,112
90$41,556,823$0$0$38,457,831
91$45,650,044$0$0$42,246,514
92$50,156,188$0$0$46,417,420
93$55,117,228$0$0$51,009,404
94$60,579,416$0$0$56,065,279
95$66,593,714$0$0$61,632,221
96$73,216,278$0$0$67,762,211
97$80,508,990$0$0$74,512,530
98$88,540,035$0$0$81,946,297
99$97,384,549$0$0$90,133,064
100$107,125,327$0$0$99,149,470