Can I retire at age 45 with 927,000?

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 $927,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$76,551$75,869$75,204$74,554$73,920$73,240
2 years$37,896$37,191$36,507$35,843$35,200$34,515
3 years$25,013$24,304$23,622$22,965$22,332$21,663
4 years$18,573$17,866$17,191$16,545$15,928$15,279
5 years$14,710$14,007$13,341$12,708$12,108$11,483
6 years$12,135$11,438$10,781$10,163$9,581$8,980
7 years$10,297$9,606$8,959$8,355$7,792$7,215
8 years$8,919$8,234$7,598$7,009$6,464$5,911
9 years$7,848$7,169$6,544$5,970$5,444$4,915
10 years$6,991$6,319$5,706$5,146$4,638$4,133
11 years$6,291$5,626$5,023$4,479$3,989$3,507
12 years$5,708$5,049$4,458$3,929$3,457$2,998
13 years$5,215$4,563$3,983$3,468$3,014$2,578
14 years$4,792$4,148$3,579$3,079$2,642$2,228
15 years$4,427$3,789$3,231$2,746$2,327$1,933
16 years$4,107$3,476$2,929$2,459$2,056$1,683
17 years$3,825$3,202$2,666$2,209$1,823$1,470
18 years$3,575$2,958$2,433$1,991$1,621$1,287
19 years$3,352$2,742$2,228$1,799$1,445$1,130
20 years$3,151$2,548$2,044$1,629$1,291$993
21 years$2,969$2,373$1,880$1,479$1,155$875
22 years$2,804$2,215$1,733$1,344$1,035$771
23 years$2,654$2,072$1,600$1,224$929$681
24 years$2,516$1,941$1,480$1,117$835$602
25 years$2,390$1,822$1,371$1,020$752$533
26 years$2,273$1,712$1,271$932$677$472
27 years$2,166$1,611$1,180$854$610$418
28 years$2,066$1,518$1,097$782$551$371
29 years$1,973$1,432$1,021$717$497$329
30 years$1,887$1,353$951$658$449$292
31 years$1,806$1,279$887$604$406$259
32 years$1,731$1,210$827$555$368$230
33 years$1,660$1,146$773$511$333$205
34 years$1,594$1,086$722$470$301$182
35 years$1,531$1,030$675$433$273$162
36 years$1,472$978$631$398$247$144
37 years$1,417$929$591$367$224$128
38 years$1,364$883$553$338$203$114
39 years$1,314$839$518$312$184$101
40 years$1,267$798$486$288$167$90
41 years$1,223$760$456$266$152$80
42 years$1,180$724$427$245$137$72
43 years$1,140$690$401$226$125$64
44 years$1,101$657$376$209$113$57
45 years$1,065$627$353$193$103$51
46 years$1,030$598$332$178$93$45
47 years$997$571$312$165$85$40
48 years$965$545$293$152$77$36
49 years$934$520$276$141$70$32
50 years$905$497$259$130$64$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $927,000, adding $5,331 every year, while hoping to spend $51,881 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: 29/49/22 Blend
44$927,000$927,000$927,000$927,000
45$1,027,053$977,922$963,553$1,049,635
46$1,076,611$970,639$940,631$1,060,218
47$1,129,486$961,261$915,203$1,066,619
48$1,185,960$949,629$887,129$1,072,415
49$1,246,344$935,577$856,264$1,077,585
50$1,310,980$918,929$822,457$1,082,113
51$1,380,239$899,496$785,549$1,085,986
52$1,454,533$877,080$745,374$1,089,196
53$1,534,310$851,472$701,759$1,091,739
54$1,620,063$822,448$654,522$1,093,618
55$1,712,336$789,774$603,474$1,094,840
56$1,811,721$753,200$548,417$1,095,424
57$1,918,872$712,462$489,145$1,095,396
58$2,034,507$667,283$425,442$1,094,793
59$2,159,415$617,367$357,081$1,093,664
60$2,294,460$562,403$283,828$1,092,073
61$2,440,595$502,062$205,437$1,090,099
62$2,598,868$435,995$121,651$1,087,839
63$2,770,428$363,834$32,203$1,085,411
64$2,956,542$285,192$0$1,082,957
65$3,158,600$199,657$0$1,095,492
66$3,378,134$106,797$0$1,117,398
67$3,616,827$6,153$0$1,141,410
68$3,876,531$0$0$1,167,870
69$4,159,286$0$0$1,252,574
70$4,467,332$0$0$1,348,605
71$4,803,139$0$0$1,453,431
72$5,169,423$0$0$1,567,919
73$5,569,173$0$0$1,693,021
74$6,005,680$0$0$1,829,787
75$6,482,567$0$0$1,979,371
76$7,003,823$0$0$2,143,046
77$7,573,837$0$0$2,322,211
78$8,197,445$0$0$2,518,409
79$8,879,971$0$0$2,733,339
80$9,627,275$0$0$2,968,870
81$10,445,812$0$0$3,227,062
82$11,342,692$0$0$3,510,184
83$12,325,743$0$0$3,820,734
84$13,403,588$0$0$4,161,464
85$14,585,722$0$0$4,535,405
86$15,882,605$0$0$4,945,897
87$17,305,758$0$0$5,396,618
88$18,867,871$0$0$5,891,618
89$20,582,923$0$0$6,435,362
90$22,466,312$0$0$7,032,766
91$24,535,000$0$0$7,689,246
92$26,807,674$0$0$8,410,771
93$29,304,919$0$0$9,203,913
94$32,049,413$0$0$10,075,915
95$35,066,140$0$0$11,034,758
96$38,382,626$0$0$12,089,233
97$42,029,195$0$0$13,249,025
98$46,039,258$0$0$14,524,807
99$50,449,624$0$0$15,928,337
100$55,300,850$0$0$17,472,570