Can I retire at age 45 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$76,386$75,705$75,041$74,393$73,761$71,257
2 years$37,815$37,110$36,428$35,766$35,124$32,627
3 years$24,959$24,252$23,571$22,916$22,284$19,872
4 years$18,533$17,828$17,154$16,509$15,893$13,584
5 years$14,678$13,977$13,312$12,681$12,082$9,882
6 years$12,109$11,413$10,758$10,141$9,560$7,471
7 years$10,275$9,585$8,940$8,337$7,775$5,797
8 years$8,900$8,216$7,582$6,994$6,450$4,581
9 years$7,831$7,154$6,530$5,957$5,432$3,670
10 years$6,976$6,306$5,693$5,135$4,628$2,970
11 years$6,277$5,613$5,012$4,469$3,980$2,423
12 years$5,695$5,038$4,448$3,920$3,449$1,990
13 years$5,203$4,553$3,974$3,461$3,008$1,642
14 years$4,782$4,139$3,571$3,072$2,637$1,360
15 years$4,417$3,781$3,224$2,740$2,322$1,131
16 years$4,098$3,469$2,923$2,453$2,052$942
17 years$3,817$3,195$2,660$2,204$1,819$787
18 years$3,567$2,952$2,428$1,986$1,618$659
19 years$3,344$2,736$2,223$1,795$1,442$552
20 years$3,144$2,542$2,040$1,626$1,288$463
21 years$2,963$2,368$1,876$1,475$1,152$389
22 years$2,798$2,211$1,729$1,341$1,033$327
23 years$2,648$2,067$1,597$1,222$927$275
24 years$2,511$1,937$1,477$1,114$833$232
25 years$2,385$1,818$1,368$1,018$750$195
26 years$2,269$1,708$1,269$930$676$164
27 years$2,161$1,608$1,178$852$609$139
28 years$2,062$1,515$1,095$780$550$117
29 years$1,969$1,429$1,019$716$496$99
30 years$1,883$1,350$949$657$448$83
31 years$1,802$1,276$885$603$405$70
32 years$1,727$1,207$826$554$367$59
33 years$1,657$1,143$771$510$332$50
34 years$1,590$1,084$720$469$300$42
35 years$1,528$1,028$673$432$272$36
36 years$1,469$976$630$398$247$30
37 years$1,414$927$590$366$223$25
38 years$1,361$881$552$338$203$21
39 years$1,312$837$517$311$184$18
40 years$1,265$797$485$287$167$15
41 years$1,220$758$455$265$151$13
42 years$1,178$722$426$245$137$11
43 years$1,137$688$400$226$125$9
44 years$1,099$656$376$208$113$8
45 years$1,062$626$353$192$103$7
46 years$1,028$597$331$178$93$6
47 years$994$569$311$164$85$5
48 years$963$544$292$152$77$4
49 years$932$519$275$140$70$3
50 years$903$496$258$130$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $925,000, adding $2,619 every year, while hoping to spend $29,679 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: 51/20/29 Blend
44$925,000$925,000$925,000$925,000
45$1,022,051$973,026$958,689$1,065,695
46$1,094,723$989,127$959,227$1,112,528
47$1,173,811$1,005,021$958,788$1,160,252
48$1,259,941$1,020,668$957,308$1,211,571
49$1,353,798$1,036,023$954,721$1,266,842
50$1,456,136$1,051,039$950,955$1,326,458
51$1,567,787$1,065,665$945,937$1,390,853
52$1,689,664$1,079,846$939,589$1,460,507
53$1,822,775$1,093,524$931,830$1,535,947
54$1,968,227$1,106,635$922,576$1,617,760
55$2,127,241$1,119,115$911,737$1,706,590
56$2,301,159$1,130,891$899,219$1,803,148
57$2,491,460$1,141,888$884,926$1,908,221
58$2,699,773$1,152,024$868,755$2,022,677
59$2,927,890$1,161,214$850,599$2,147,474
60$3,177,787$1,169,365$830,346$2,283,667
61$3,451,638$1,176,381$807,879$2,432,425
62$3,751,837$1,182,156$783,075$2,595,034
63$4,081,024$1,186,580$755,807$2,772,915
64$4,442,101$1,189,536$725,940$2,967,637
65$4,838,271$1,190,898$693,334$3,180,930
66$5,273,056$1,190,534$657,842$3,414,703
67$5,750,340$1,188,302$619,312$3,671,062
68$6,274,399$1,184,053$577,584$3,952,332
69$6,849,944$1,177,628$532,489$4,261,077
70$7,482,165$1,168,858$483,854$4,600,126
71$8,176,778$1,157,565$431,495$4,972,601
72$8,940,082$1,143,558$375,223$5,381,943
73$9,779,015$1,126,637$314,838$5,831,951
74$10,701,221$1,106,589$250,131$6,326,814
75$11,715,122$1,083,188$180,887$6,871,153
76$12,829,995$1,056,195$106,877$7,470,064
77$14,056,063$1,025,358$27,867$8,129,169
78$15,404,589$990,407$0$8,854,667
79$16,887,981$951,061$0$9,670,864
80$18,519,910$907,018$0$10,578,169
81$20,315,441$857,962$0$11,576,350
82$22,291,171$803,557$0$12,674,663
83$24,465,387$743,449$0$13,883,312
84$26,858,240$677,261$0$15,213,542
85$29,491,931$604,597$0$16,677,747
86$32,390,925$525,039$0$18,289,587
87$35,582,176$438,143$0$20,064,119
88$39,095,388$343,442$0$22,017,936
89$42,963,288$240,441$0$24,169,329
90$47,221,939$128,618$0$26,538,454
91$51,911,079$7,422$0$29,147,529
92$57,074,494$0$0$32,021,040
93$62,760,436$0$0$35,213,205
94$69,022,070$0$0$38,730,498
95$75,917,984$0$0$42,604,208
96$83,512,734$0$0$46,870,618
97$91,877,458$0$0$51,569,707
98$101,090,547$0$0$56,745,528
99$111,238,381$0$0$62,446,628
100$122,416,147$0$0$68,726,502