Can I retire at age 45 with 849,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $849,000?

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$70,110$69,485$68,876$68,281$67,700$66,634
2 years$34,708$34,061$33,435$32,827$32,238$31,166
3 years$22,909$22,259$21,635$21,033$20,453$19,410
4 years$17,010$16,363$15,744$15,153$14,587$13,580
5 years$13,472$12,829$12,218$11,639$11,089$10,121
6 years$11,114$10,476$9,874$9,308$8,774$7,846
7 years$9,431$8,797$8,206$7,652$7,136$6,248
8 years$8,168$7,541$6,959$6,419$5,920$5,073
9 years$7,187$6,566$5,994$5,468$4,985$4,178
10 years$6,403$5,787$5,225$4,713$4,248$3,480
11 years$5,761$5,152$4,600$4,102$3,653$2,923
12 years$5,227$4,624$4,083$3,598$3,166$2,474
13 years$4,776$4,179$3,648$3,177$2,761$2,105
14 years$4,389$3,799$3,277$2,820$2,420$1,800
15 years$4,054$3,470$2,959$2,515$2,131$1,545
16 years$3,761$3,184$2,683$2,252$1,883$1,330
17 years$3,503$2,932$2,441$2,023$1,670$1,149
18 years$3,274$2,709$2,229$1,823$1,485$995
19 years$3,070$2,511$2,040$1,647$1,323$863
20 years$2,885$2,333$1,872$1,492$1,182$749
21 years$2,719$2,174$1,722$1,354$1,058$652
22 years$2,568$2,029$1,587$1,231$948$568
23 years$2,431$1,898$1,466$1,121$851$496
24 years$2,305$1,778$1,355$1,023$765$433
25 years$2,189$1,668$1,255$934$688$378
26 years$2,082$1,568$1,164$854$620$331
27 years$1,984$1,476$1,081$782$559$289
28 years$1,892$1,391$1,005$716$504$253
29 years$1,807$1,312$935$657$455$222
30 years$1,728$1,239$871$603$412$194
31 years$1,654$1,171$812$554$372$170
32 years$1,585$1,108$758$509$337$149
33 years$1,520$1,049$708$468$305$131
34 years$1,460$995$661$430$276$115
35 years$1,402$943$618$396$250$101
36 years$1,348$895$578$365$226$88
37 years$1,298$850$541$336$205$78
38 years$1,249$808$507$310$186$68
39 years$1,204$769$475$286$169$60
40 years$1,161$731$445$264$153$53
41 years$1,120$696$417$243$139$46
42 years$1,081$663$391$224$126$41
43 years$1,044$632$367$207$114$36
44 years$1,009$602$345$191$104$31
45 years$975$574$324$177$94$27
46 years$943$548$304$163$86$24
47 years$913$523$286$151$78$21
48 years$884$499$268$139$71$19
49 years$856$476$252$129$64$16
50 years$829$455$237$119$58$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $849,000, adding $3,609 every year, while hoping to spend $30,139 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: 71/13/16 Blend
44$849,000$849,000$849,000$849,000
45$939,321$894,324$881,164$1,002,298
46$1,003,064$906,078$878,616$1,056,365
47$1,072,298$917,398$874,971$1,111,562
48$1,147,553$928,231$870,163$1,171,213
49$1,229,409$938,519$864,119$1,235,752
50$1,318,506$948,204$856,764$1,305,661
51$1,415,546$957,219$848,019$1,381,467
52$1,521,306$965,497$837,801$1,463,754
53$1,636,636$972,963$826,025$1,553,164
54$1,762,475$979,540$812,598$1,650,405
55$1,899,855$985,145$797,428$1,756,259
56$2,049,912$989,689$780,414$1,871,585
57$2,213,898$993,078$761,452$1,997,333
58$2,393,189$995,213$740,434$2,134,549
59$2,589,302$995,986$717,247$2,284,387
60$2,803,908$995,286$691,771$2,448,118
61$3,038,843$992,992$663,883$2,627,143
62$3,296,134$988,977$633,451$2,823,008
63$3,578,009$983,107$600,341$3,037,416
64$3,886,924$975,237$564,411$3,272,247
65$4,225,583$965,216$525,511$3,529,570
66$4,596,964$952,884$483,488$3,811,669
67$5,004,348$938,068$438,178$4,121,059
68$5,451,347$920,590$389,413$4,460,516
69$5,941,942$900,256$337,016$4,833,098
70$6,480,517$876,865$280,802$5,242,178
71$7,071,899$850,201$220,579$5,691,471
72$7,721,409$820,037$156,144$6,185,077
73$8,434,907$786,133$87,289$6,727,513
74$9,218,847$748,234$13,794$7,323,759
75$10,080,343$706,070$0$7,979,304
76$11,027,228$659,358$0$8,711,237
77$12,068,134$607,795$0$9,518,423
78$13,212,570$551,063$0$10,405,902
79$14,471,014$488,827$0$11,381,825
80$15,855,008$420,730$0$12,455,175
81$17,377,270$346,397$0$13,635,851
82$19,051,811$265,431$0$14,934,761
83$20,894,071$177,412$0$16,363,928
84$22,921,059$81,898$0$17,936,601
85$25,151,517$0$0$19,667,378
86$27,606,096$0$0$21,575,437
87$30,307,549$0$0$23,688,349
88$33,280,949$0$0$26,014,012
89$36,553,918$0$0$28,574,040
90$40,156,898$0$0$31,392,249
91$44,123,427$0$0$34,494,881
92$48,490,464$0$0$37,910,851
93$53,298,732$0$0$41,672,020
94$58,593,104$0$0$45,813,499
95$64,423,026$0$0$50,373,972
96$70,842,983$0$0$55,396,070
97$77,913,012$0$0$60,926,766
98$85,699,272$0$0$67,017,823
99$94,274,664$0$0$73,726,278
100$103,719,518$0$0$81,114,984