Can I retire at age 45 with 919,000?

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 $919,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$75,890$75,214$74,555$73,911$73,282$71,366
2 years$37,569$36,870$36,192$35,534$34,896$32,979
3 years$24,797$24,095$23,418$22,767$22,140$20,281
4 years$18,413$17,712$17,043$16,402$15,790$14,004
5 years$14,583$13,887$13,226$12,599$12,003$10,296
6 years$12,031$11,339$10,688$10,075$9,498$7,870
7 years$10,208$9,523$8,882$8,283$7,724$6,176
8 years$8,842$8,163$7,533$6,949$6,408$4,939
9 years$7,780$7,107$6,488$5,919$5,397$4,005
10 years$6,931$6,265$5,656$5,102$4,598$3,282
11 years$6,236$5,577$4,980$4,440$3,955$2,713
12 years$5,658$5,006$4,419$3,895$3,427$2,257
13 years$5,170$4,524$3,948$3,438$2,988$1,887
14 years$4,751$4,112$3,548$3,052$2,620$1,586
15 years$4,388$3,756$3,203$2,722$2,306$1,337
16 years$4,072$3,446$2,904$2,437$2,038$1,130
17 years$3,792$3,174$2,643$2,190$1,807$958
18 years$3,544$2,933$2,412$1,974$1,607$814
19 years$3,323$2,718$2,208$1,783$1,432$692
20 years$3,123$2,526$2,027$1,615$1,279$590
21 years$2,943$2,353$1,864$1,466$1,145$503
22 years$2,780$2,196$1,718$1,333$1,026$430
23 years$2,631$2,054$1,586$1,214$921$367
24 years$2,495$1,924$1,467$1,107$828$314
25 years$2,369$1,806$1,359$1,011$745$269
26 years$2,254$1,697$1,260$924$671$230
27 years$2,147$1,597$1,170$846$605$197
28 years$2,048$1,505$1,088$775$546$169
29 years$1,956$1,420$1,012$711$493$145
30 years$1,871$1,341$943$652$446$124
31 years$1,791$1,268$879$599$403$107
32 years$1,716$1,200$820$551$364$91
33 years$1,646$1,136$766$506$330$78
34 years$1,580$1,077$716$466$299$67
35 years$1,518$1,021$669$429$270$58
36 years$1,460$969$626$395$245$50
37 years$1,404$921$586$364$222$43
38 years$1,352$875$549$335$201$37
39 years$1,303$832$514$309$183$31
40 years$1,256$792$482$285$166$27
41 years$1,212$753$452$263$150$23
42 years$1,170$718$424$243$136$20
43 years$1,130$684$398$224$124$17
44 years$1,092$652$373$207$112$15
45 years$1,056$621$350$191$102$13
46 years$1,021$593$329$177$93$11
47 years$988$566$309$163$84$9
48 years$956$540$291$151$76$8
49 years$926$516$273$139$69$7
50 years$897$493$257$129$63$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $919,000, adding $3,171 every year, while hoping to spend $46,562 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: 52/25/23 Blend
44$919,000$919,000$919,000$919,000
45$1,016,009$967,302$953,057$1,062,196
46$1,070,100$965,158$935,443$1,092,299
47$1,128,148$961,349$915,678$1,119,979
48$1,190,507$955,743$893,642$1,149,123
49$1,257,567$948,202$869,206$1,179,886
50$1,329,754$938,579$842,240$1,212,443
51$1,407,537$926,717$812,603$1,246,989
52$1,491,432$912,453$780,151$1,283,742
53$1,582,004$895,609$744,733$1,322,945
54$1,679,875$876,001$706,188$1,364,866
55$1,785,730$853,432$664,353$1,409,808
56$1,900,319$827,695$619,053$1,458,105
57$2,024,467$798,568$570,107$1,510,129
58$2,159,084$765,819$517,327$1,566,296
59$2,305,168$729,201$460,515$1,627,065
60$2,463,817$688,454$399,464$1,692,949
61$2,636,238$643,300$333,958$1,764,517
62$2,823,762$593,449$263,773$1,842,401
63$3,027,850$538,593$188,674$1,927,301
64$3,250,111$478,404$108,414$2,019,996
65$3,492,315$412,539$22,739$2,121,349
66$3,756,411$340,633$0$2,232,318
67$4,044,543$262,302$0$2,370,823
68$4,359,072$177,140$0$2,528,233
69$4,702,594$84,717$0$2,700,339
70$5,077,972$0$0$2,888,660
71$5,488,352$0$0$3,099,116
72$5,937,203$0$0$3,354,879
73$6,428,342$0$0$3,634,829
74$6,965,971$0$0$3,941,373
75$7,554,720$0$0$4,277,161
76$8,199,685$0$0$4,645,114
77$8,906,479$0$0$5,048,446
78$9,681,285$0$0$5,490,698
79$10,530,910$0$0$5,975,770
80$11,462,855$0$0$6,507,957
81$12,485,379$0$0$7,091,992
82$13,607,579$0$0$7,733,085
83$14,839,478$0$0$8,436,977
84$16,192,114$0$0$9,209,992
85$17,677,648$0$0$10,059,097
86$19,309,475$0$0$10,991,966
87$21,102,353$0$0$12,017,053
88$23,072,538$0$0$13,143,672
89$25,237,942$0$0$14,382,084
90$27,618,295$0$0$15,743,593
91$30,235,335$0$0$17,240,654
92$33,113,013$0$0$18,886,988
93$36,277,715$0$0$20,697,714
94$39,758,512$0$0$22,689,487
95$43,587,435$0$0$24,880,661
96$47,799,776$0$0$27,291,455
97$52,434,417$0$0$29,944,149
98$57,534,203$0$0$32,863,289
99$63,146,338$0$0$36,075,925
100$69,322,836$0$0$39,611,857