Can I retire at age 45 with 928,000?

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 $928,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$76,633$75,951$75,285$74,635$74,000$72,834
2 years$37,937$37,231$36,546$35,882$35,238$34,066
3 years$25,040$24,331$23,648$22,990$22,357$21,216
4 years$18,593$17,886$17,209$16,563$15,945$14,843
5 years$14,726$14,023$13,355$12,722$12,121$11,062
6 years$12,148$11,450$10,793$10,174$9,591$8,576
7 years$10,308$9,616$8,969$8,364$7,800$6,830
8 years$8,929$8,243$7,606$7,017$6,471$5,545
9 years$7,856$7,177$6,551$5,977$5,449$4,567
10 years$6,999$6,326$5,712$5,152$4,643$3,803
11 years$6,298$5,632$5,028$4,484$3,993$3,196
12 years$5,714$5,055$4,463$3,933$3,460$2,704
13 years$5,220$4,568$3,987$3,472$3,018$2,301
14 years$4,797$4,152$3,582$3,082$2,645$1,967
15 years$4,431$3,793$3,234$2,749$2,329$1,689
16 years$4,111$3,480$2,933$2,461$2,058$1,454
17 years$3,829$3,205$2,668$2,211$1,825$1,256
18 years$3,579$2,962$2,436$1,993$1,623$1,087
19 years$3,355$2,745$2,230$1,801$1,446$943
20 years$3,154$2,551$2,047$1,631$1,292$819
21 years$2,972$2,376$1,882$1,480$1,156$713
22 years$2,807$2,218$1,735$1,346$1,036$621
23 years$2,657$2,074$1,602$1,226$930$542
24 years$2,519$1,943$1,482$1,118$836$473
25 years$2,393$1,824$1,372$1,021$752$413
26 years$2,276$1,714$1,273$933$678$361
27 years$2,168$1,613$1,182$854$611$316
28 years$2,068$1,520$1,099$783$551$277
29 years$1,975$1,434$1,022$718$498$242
30 years$1,889$1,354$952$659$450$212
31 years$1,808$1,280$888$605$407$186
32 years$1,733$1,211$828$556$368$163
33 years$1,662$1,147$773$511$333$143
34 years$1,595$1,087$723$471$301$126
35 years$1,533$1,031$676$433$273$110
36 years$1,474$979$632$399$247$97
37 years$1,418$930$592$368$224$85
38 years$1,366$883$554$339$203$74
39 years$1,316$840$519$312$184$65
40 years$1,269$799$486$288$167$57
41 years$1,224$761$456$266$152$50
42 years$1,181$725$428$245$138$44
43 years$1,141$690$402$226$125$39
44 years$1,103$658$377$209$113$34
45 years$1,066$628$354$193$103$30
46 years$1,031$599$332$178$93$26
47 years$998$571$312$165$85$23
48 years$966$545$293$152$77$20
49 years$935$521$276$141$70$18
50 years$906$497$259$130$64$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $928,000, adding $6,632 every year, while hoping to spend $30,171 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: 42/39/19 Blend
44$928,000$928,000$928,000$928,000
45$1,029,497$980,313$965,929$1,066,755
46$1,102,404$996,247$966,186$1,109,729
47$1,181,736$1,011,950$965,440$1,152,794
48$1,268,117$1,027,379$963,626$1,198,802
49$1,362,233$1,042,489$960,676$1,248,039
50$1,464,839$1,057,229$956,517$1,300,818
51$1,576,767$1,071,547$951,074$1,357,490
52$1,698,930$1,085,386$944,268$1,418,437
53$1,832,335$1,098,684$936,015$1,484,086
54$1,978,092$1,111,378$926,230$1,554,906
55$2,137,419$1,123,398$914,821$1,631,414
56$2,311,662$1,134,670$901,693$1,714,186
57$2,502,298$1,145,115$886,747$1,803,852
58$2,710,957$1,154,650$869,877$1,901,113
59$2,939,431$1,163,186$850,975$2,006,741
60$3,189,697$1,170,625$829,927$2,121,588
61$3,463,929$1,176,869$806,612$2,246,596
62$3,764,523$1,181,808$780,906$2,382,806
63$4,094,116$1,185,329$752,678$2,531,365
64$4,455,614$1,187,308$721,791$2,693,543
65$4,852,218$1,187,618$688,103$2,870,739
66$5,287,453$1,186,119$651,463$3,064,500
67$5,765,201$1,182,667$611,715$3,276,532
68$6,289,740$1,177,107$568,696$3,508,720
69$6,865,782$1,169,273$522,235$3,763,144
70$7,498,516$1,158,992$472,155$4,042,099
71$8,193,660$1,146,078$418,268$4,348,121
72$8,957,513$1,130,336$360,380$4,684,005
73$9,797,015$1,111,558$298,288$5,052,840
74$10,719,810$1,089,523$231,779$5,458,031
75$11,734,320$1,063,999$160,633$5,903,339
76$12,849,824$1,034,739$84,618$6,392,911
77$14,076,545$1,001,481$3,492$6,931,326
78$15,425,748$963,948$0$7,523,633
79$16,909,841$921,848$0$8,192,249
80$18,542,498$874,872$0$8,928,329
81$20,338,783$822,691$0$9,738,002
82$22,315,295$764,958$0$10,628,809
83$24,490,322$701,309$0$11,609,063
84$26,884,017$631,355$0$12,687,934
85$29,518,583$554,688$0$13,875,531
86$32,418,485$470,874$0$15,182,998
87$35,610,681$379,457$0$16,622,627
88$39,124,874$279,954$0$18,207,967
89$42,993,795$171,856$0$19,953,957
90$47,253,509$54,623$0$21,877,071
91$51,943,755$0$0$23,995,467
92$57,108,324$0$0$26,360,201
93$62,795,467$0$0$28,990,177
94$69,058,355$0$0$31,886,558
95$75,955,577$0$0$35,076,461
96$83,551,693$0$0$38,589,765
97$91,917,845$0$0$42,459,394
98$101,132,428$0$0$46,721,630
99$111,281,825$0$0$51,416,452
100$122,461,228$0$0$56,587,916