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%13.4%
1 years$76,386$75,705$75,041$74,393$73,761$72,719
2 years$37,815$37,110$36,428$35,766$35,124$34,076
3 years$24,959$24,252$23,571$22,916$22,284$21,263
4 years$18,533$17,828$17,154$16,509$15,893$14,907
5 years$14,678$13,977$13,312$12,681$12,082$11,133
6 years$12,109$11,413$10,758$10,141$9,560$8,650
7 years$10,275$9,585$8,940$8,337$7,775$6,903
8 years$8,900$8,216$7,582$6,994$6,450$5,617
9 years$7,831$7,154$6,530$5,957$5,432$4,638
10 years$6,976$6,306$5,693$5,135$4,628$3,872
11 years$6,277$5,613$5,012$4,469$3,980$3,261
12 years$5,695$5,038$4,448$3,920$3,449$2,766
13 years$5,203$4,553$3,974$3,461$3,008$2,360
14 years$4,782$4,139$3,571$3,072$2,637$2,024
15 years$4,417$3,781$3,224$2,740$2,322$1,742
16 years$4,098$3,469$2,923$2,453$2,052$1,504
17 years$3,817$3,195$2,660$2,204$1,819$1,303
18 years$3,567$2,952$2,428$1,986$1,618$1,131
19 years$3,344$2,736$2,223$1,795$1,442$984
20 years$3,144$2,542$2,040$1,626$1,288$857
21 years$2,963$2,368$1,876$1,475$1,152$748
22 years$2,798$2,211$1,729$1,341$1,033$654
23 years$2,648$2,067$1,597$1,222$927$572
24 years$2,511$1,937$1,477$1,114$833$501
25 years$2,385$1,818$1,368$1,018$750$439
26 years$2,269$1,708$1,269$930$676$385
27 years$2,161$1,608$1,178$852$609$338
28 years$2,062$1,515$1,095$780$550$297
29 years$1,969$1,429$1,019$716$496$261
30 years$1,883$1,350$949$657$448$229
31 years$1,802$1,276$885$603$405$202
32 years$1,727$1,207$826$554$367$177
33 years$1,657$1,143$771$510$332$156
34 years$1,590$1,084$720$469$300$137
35 years$1,528$1,028$673$432$272$121
36 years$1,469$976$630$398$247$107
37 years$1,414$927$590$366$223$94
38 years$1,361$881$552$338$203$83
39 years$1,312$837$517$311$184$73
40 years$1,265$797$485$287$167$64
41 years$1,220$758$455$265$151$57
42 years$1,178$722$426$245$137$50
43 years$1,137$688$400$226$125$44
44 years$1,099$656$376$208$113$39
45 years$1,062$626$353$192$103$34
46 years$1,028$597$331$178$93$30
47 years$994$569$311$164$85$26
48 years$963$544$292$152$77$23
49 years$932$519$275$140$70$21
50 years$903$496$258$130$63$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $925,000, adding $4,694 every year, while hoping to spend $54,050 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: 36/41/23 Blend
44$925,000$925,000$925,000$925,000
45$1,024,192$975,167$960,829$1,053,808
46$1,071,151$965,441$935,508$1,066,259
47$1,121,088$953,428$907,528$1,074,368
48$1,174,250$938,957$876,741$1,082,038
49$1,230,907$921,849$842,995$1,089,260
50$1,291,355$901,915$806,131$1,096,033
51$1,355,918$878,954$765,981$1,102,359
52$1,424,951$852,752$722,371$1,108,247
53$1,498,843$823,084$675,118$1,113,710
54$1,578,021$789,712$624,031$1,118,770
55$1,662,954$752,382$568,910$1,123,457
56$1,754,156$710,829$509,549$1,127,811
57$1,852,190$664,770$445,729$1,131,882
58$1,957,675$613,905$377,222$1,135,734
59$2,071,291$557,920$303,793$1,139,444
60$2,193,785$496,480$225,192$1,143,107
61$2,325,977$429,234$141,162$1,146,834
62$2,468,768$355,808$51,432$1,150,759
63$2,623,148$275,808$0$1,155,038
64$2,790,206$188,819$0$1,170,734
65$2,971,138$94,402$0$1,201,357
66$3,167,259$0$0$1,234,595
67$3,380,017$0$0$1,274,377
68$3,611,001$0$0$1,363,916
69$3,861,961$0$0$1,461,315
70$4,134,822$0$0$1,567,334
71$4,431,702$0$0$1,682,812
72$4,754,930$0$0$1,808,670
73$5,107,071$0$0$1,945,924
74$5,490,944$0$0$2,095,689
75$5,909,655$0$0$2,259,196
76$6,366,622$0$0$2,437,797
77$6,865,606$0$0$2,632,983
78$7,410,749$0$0$2,846,394
79$8,006,609$0$0$3,079,835
80$8,658,205$0$0$3,335,295
81$9,371,064$0$0$3,614,964
82$10,151,272$0$0$3,921,252
83$11,005,528$0$0$4,256,814
84$11,941,210$0$0$4,624,575
85$12,966,446$0$0$5,027,756
86$14,090,184$0$0$5,469,902
87$15,322,279$0$0$5,954,920
88$16,673,588$0$0$6,487,113
89$18,156,065$0$0$7,071,221
90$19,782,881$0$0$7,712,465
91$21,568,542$0$0$8,416,594
92$23,529,026$0$0$9,189,945
93$25,681,935$0$0$10,039,496
94$28,046,658$0$0$10,972,934
95$30,644,556$0$0$11,998,729
96$33,499,159$0$0$13,126,212
97$36,636,391$0$0$14,365,662
98$40,084,811$0$0$15,728,405
99$43,875,882$0$0$17,226,916
100$48,044,268$0$0$18,874,943