Can I retire at age 45 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$70,192$69,567$68,957$68,362$67,780$65,427
2 years$34,749$34,101$33,474$32,866$32,276$29,930
3 years$22,936$22,286$21,660$21,058$20,477$18,212
4 years$17,030$16,382$15,763$15,171$14,605$12,437
5 years$13,488$12,844$12,233$11,653$11,102$9,038
6 years$11,127$10,488$9,886$9,319$8,785$6,825
7 years$9,442$8,808$8,215$7,661$7,144$5,290
8 years$8,178$7,550$6,967$6,427$5,927$4,175
9 years$7,196$6,574$6,001$5,474$4,991$3,341
10 years$6,410$5,794$5,232$4,719$4,253$2,701
11 years$5,768$5,158$4,606$4,107$3,658$2,201
12 years$5,234$4,630$4,088$3,602$3,170$1,804
13 years$4,781$4,184$3,652$3,180$2,764$1,487
14 years$4,394$3,803$3,281$2,823$2,423$1,230
15 years$4,059$3,474$2,963$2,518$2,133$1,021
16 years$3,766$3,188$2,686$2,254$1,885$850
17 years$3,507$2,936$2,444$2,026$1,672$709
18 years$3,278$2,713$2,231$1,825$1,486$592
19 years$3,073$2,514$2,043$1,649$1,325$495
20 years$2,889$2,336$1,875$1,494$1,183$415
21 years$2,722$2,176$1,724$1,356$1,059$348
22 years$2,571$2,031$1,589$1,233$949$292
23 years$2,433$1,900$1,467$1,123$852$245
24 years$2,307$1,780$1,357$1,024$766$206
25 years$2,191$1,670$1,257$935$689$174
26 years$2,085$1,570$1,166$855$621$146
27 years$1,986$1,478$1,082$783$560$123
28 years$1,894$1,392$1,006$717$505$103
29 years$1,809$1,313$936$658$456$87
30 years$1,730$1,240$872$603$412$73
31 years$1,656$1,173$813$554$373$62
32 years$1,587$1,109$759$509$337$52
33 years$1,522$1,051$708$468$305$44
34 years$1,461$996$662$431$276$37
35 years$1,404$945$619$397$250$31
36 years$1,350$897$579$365$227$26
37 years$1,299$851$542$337$205$22
38 years$1,251$809$507$310$186$19
39 years$1,205$769$475$286$169$16
40 years$1,162$732$446$264$153$13
41 years$1,121$697$418$243$139$11
42 years$1,082$664$392$225$126$9
43 years$1,045$632$368$207$114$8
44 years$1,010$603$345$192$104$7
45 years$976$575$324$177$94$6
46 years$944$548$304$163$86$5
47 years$914$523$286$151$78$4
48 years$885$500$269$139$71$3
49 years$857$477$253$129$64$3
50 years$830$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $850,000, adding $2,415 every year, while hoping to spend $41,783 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: 57/19/24 Blend
44$850,000$850,000$850,000$850,000
45$939,191$894,141$880,966$986,482
46$990,532$893,497$866,022$1,018,440
47$1,045,709$891,421$849,176$1,048,612
48$1,105,069$887,799$830,322$1,080,609
49$1,168,995$882,510$809,346$1,114,619
50$1,237,904$875,424$786,130$1,150,849
51$1,312,256$866,406$760,552$1,189,530
52$1,392,557$855,311$732,481$1,230,920
53$1,479,362$841,985$701,783$1,275,302
54$1,573,280$826,266$668,317$1,322,994
55$1,674,984$807,982$631,935$1,374,345
56$1,785,211$786,951$592,483$1,429,745
57$1,904,770$762,980$549,799$1,489,625
58$2,034,556$735,865$503,716$1,554,462
59$2,175,547$705,389$454,057$1,624,786
60$2,328,824$671,325$400,639$1,701,185
61$2,495,573$633,429$343,270$1,784,307
62$2,677,101$591,446$281,749$1,874,873
63$2,874,845$545,106$215,867$1,973,680
64$3,090,385$494,123$145,405$2,081,610
65$3,325,464$438,194$70,135$2,199,640
66$3,581,996$377,000$0$2,328,850
67$3,862,091$310,204$0$2,473,047
68$4,168,069$237,449$0$2,650,280
69$4,502,486$158,358$0$2,844,099
70$4,868,156$72,534$0$3,056,192
71$5,268,176$0$0$3,288,421
72$5,705,958$0$0$3,547,114
73$6,185,257$0$0$3,847,014
74$6,710,209$0$0$4,175,555
75$7,285,369$0$0$4,535,595
76$7,915,754$0$0$4,930,284
77$8,606,886$0$0$5,363,092
78$9,364,851$0$0$5,837,838
79$10,196,351$0$0$6,358,731
80$11,108,767$0$0$6,930,407
81$12,110,229$0$0$7,557,971
82$13,209,694$0$0$8,247,047
83$14,417,027$0$0$9,003,831
84$15,743,097$0$0$9,835,147
85$17,199,875$0$0$10,748,516
86$18,800,550$0$0$11,752,218
87$20,559,653$0$0$12,855,381
88$22,493,189$0$0$14,068,055
89$24,618,795$0$0$15,401,317
90$26,955,898$0$0$16,867,369
91$29,525,904$0$0$18,479,654
92$32,352,396$0$0$20,252,984
93$35,461,359$0$0$22,203,679
94$38,881,420$0$0$24,349,719
95$42,644,121$0$0$26,710,915
96$46,784,218$0$0$29,309,095
97$51,340,001$0$0$32,168,310
98$56,353,664$0$0$35,315,059
99$61,871,696$0$0$38,778,543
100$67,945,320$0$0$42,590,935