Can I retire at age 45 with 917,000?

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 $917,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$75,725$75,050$74,392$73,750$73,123$71,182
2 years$37,488$36,789$36,113$35,457$34,820$32,878
3 years$24,743$24,042$23,367$22,717$22,092$20,209
4 years$18,373$17,674$17,005$16,367$15,756$13,948
5 years$14,551$13,856$13,197$12,571$11,977$10,249
6 years$12,004$11,315$10,665$10,053$9,477$7,830
7 years$10,186$9,502$8,863$8,265$7,708$6,141
8 years$8,823$8,145$7,516$6,934$6,394$4,908
9 years$7,763$7,092$6,474$5,906$5,385$3,977
10 years$6,916$6,251$5,644$5,091$4,588$3,258
11 years$6,223$5,565$4,969$4,431$3,946$2,691
12 years$5,646$4,995$4,410$3,886$3,419$2,237
13 years$5,158$4,514$3,940$3,431$2,982$1,870
14 years$4,741$4,103$3,540$3,046$2,614$1,570
15 years$4,379$3,748$3,196$2,716$2,301$1,322
16 years$4,063$3,439$2,898$2,432$2,034$1,117
17 years$3,784$3,167$2,637$2,185$1,804$946
18 years$3,537$2,926$2,407$1,969$1,604$803
19 years$3,315$2,712$2,204$1,779$1,429$683
20 years$3,117$2,520$2,022$1,612$1,277$581
21 years$2,937$2,348$1,860$1,463$1,143$495
22 years$2,774$2,191$1,714$1,330$1,024$423
23 years$2,625$2,050$1,583$1,211$919$361
24 years$2,489$1,920$1,464$1,105$826$309
25 years$2,364$1,802$1,356$1,009$744$264
26 years$2,249$1,694$1,258$922$670$226
27 years$2,142$1,594$1,168$844$604$193
28 years$2,044$1,502$1,086$774$545$166
29 years$1,952$1,417$1,010$709$492$142
30 years$1,867$1,338$941$651$445$121
31 years$1,787$1,265$877$598$402$104
32 years$1,712$1,197$818$549$364$89
33 years$1,642$1,134$764$505$329$77
34 years$1,576$1,074$714$465$298$66
35 years$1,515$1,019$668$428$270$56
36 years$1,456$967$625$394$244$48
37 years$1,401$919$585$363$222$41
38 years$1,349$873$547$335$201$36
39 years$1,300$830$513$309$182$30
40 years$1,254$790$481$285$165$26
41 years$1,209$752$451$263$150$22
42 years$1,167$716$423$242$136$19
43 years$1,128$682$397$224$123$17
44 years$1,090$650$372$207$112$14
45 years$1,053$620$350$191$102$12
46 years$1,019$592$328$176$92$10
47 years$986$565$309$163$84$9
48 years$954$539$290$150$76$8
49 years$924$515$273$139$69$7
50 years$895$492$256$129$63$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $917,000, adding $3,747 every year, while hoping to spend $53,920 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: 60/19/21 Blend
44$917,000$917,000$917,000$917,000
45$1,014,399$965,798$951,585$1,069,441
46$1,060,497$955,752$926,092$1,097,135
47$1,109,490$943,406$897,939$1,121,098
48$1,161,617$928,591$866,978$1,146,036
49$1,217,137$911,127$833,057$1,172,053
50$1,276,337$890,825$796,017$1,199,264
51$1,339,530$867,481$755,689$1,227,801
52$1,407,058$840,884$711,901$1,257,809
53$1,479,297$810,806$664,469$1,289,453
54$1,556,659$777,010$613,202$1,322,916
55$1,639,596$739,241$557,902$1,358,404
56$1,728,603$697,232$498,360$1,396,146
57$1,824,225$650,701$434,360$1,436,398
58$1,927,058$599,348$365,673$1,479,446
59$2,037,759$542,856$292,064$1,525,609
60$2,157,046$480,892$213,284$1,575,243
61$2,285,711$413,102$129,075$1,628,745
62$2,424,622$339,113$39,168$1,686,556
63$2,574,734$258,529$0$1,749,168
64$2,737,095$170,936$0$1,829,851
65$2,912,859$75,892$0$1,926,682
66$3,103,293$0$0$2,031,622
67$3,309,791$0$0$2,151,153
68$3,533,885$0$0$2,298,150
69$3,777,262$0$0$2,457,859
70$4,041,775$0$0$2,631,506
71$4,329,465$0$0$2,820,437
72$4,642,574$0$0$3,026,136
73$4,983,574$0$0$3,250,233
74$5,355,180$0$0$3,494,525
75$5,760,383$0$0$3,760,986
76$6,202,475$0$0$4,051,792
77$6,685,078$0$0$4,369,337
78$7,212,180$0$0$4,716,255
79$7,788,171$0$0$5,095,449
80$8,417,884$0$0$5,510,111
81$9,106,640$0$0$5,963,759
82$9,860,298$0$0$6,460,265
83$10,685,311$0$0$7,003,893
84$11,588,781$0$0$7,599,339
85$12,578,533$0$0$8,251,773
86$13,663,181$0$0$8,966,891
87$14,852,216$0$0$9,750,963
88$16,156,086$0$0$10,610,899
89$17,586,304$0$0$11,554,306
90$19,155,546$0$0$12,589,566
91$20,877,777$0$0$13,725,908
92$22,768,378$0$0$14,973,502
93$24,844,295$0$0$16,343,548
94$27,124,193$0$0$17,848,386
95$29,628,631$0$0$19,501,608
96$32,380,262$0$0$21,318,188
97$35,404,039$0$0$23,314,622
98$38,727,453$0$0$25,509,086
99$42,380,789$0$0$27,921,600
100$46,397,414$0$0$30,574,225