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%13.4%
1 years$70,192$69,567$68,957$68,362$67,780$66,822
2 years$34,749$34,101$33,474$32,866$32,276$31,313
3 years$22,936$22,286$21,660$21,058$20,477$19,539
4 years$17,030$16,382$15,763$15,171$14,605$13,698
5 years$13,488$12,844$12,233$11,653$11,102$10,230
6 years$11,127$10,488$9,886$9,319$8,785$7,948
7 years$9,442$8,808$8,215$7,661$7,144$6,344
8 years$8,178$7,550$6,967$6,427$5,927$5,162
9 years$7,196$6,574$6,001$5,474$4,991$4,262
10 years$6,410$5,794$5,232$4,719$4,253$3,558
11 years$5,768$5,158$4,606$4,107$3,658$2,997
12 years$5,234$4,630$4,088$3,602$3,170$2,542
13 years$4,781$4,184$3,652$3,180$2,764$2,169
14 years$4,394$3,803$3,281$2,823$2,423$1,859
15 years$4,059$3,474$2,963$2,518$2,133$1,600
16 years$3,766$3,188$2,686$2,254$1,885$1,382
17 years$3,507$2,936$2,444$2,026$1,672$1,197
18 years$3,278$2,713$2,231$1,825$1,486$1,039
19 years$3,073$2,514$2,043$1,649$1,325$904
20 years$2,889$2,336$1,875$1,494$1,183$788
21 years$2,722$2,176$1,724$1,356$1,059$688
22 years$2,571$2,031$1,589$1,233$949$601
23 years$2,433$1,900$1,467$1,123$852$526
24 years$2,307$1,780$1,357$1,024$766$460
25 years$2,191$1,670$1,257$935$689$403
26 years$2,085$1,570$1,166$855$621$354
27 years$1,986$1,478$1,082$783$560$311
28 years$1,894$1,392$1,006$717$505$273
29 years$1,809$1,313$936$658$456$240
30 years$1,730$1,240$872$603$412$211
31 years$1,656$1,173$813$554$373$185
32 years$1,587$1,109$759$509$337$163
33 years$1,522$1,051$708$468$305$143
34 years$1,461$996$662$431$276$126
35 years$1,404$945$619$397$250$111
36 years$1,350$897$579$365$227$98
37 years$1,299$851$542$337$205$86
38 years$1,251$809$507$310$186$76
39 years$1,205$769$475$286$169$67
40 years$1,162$732$446$264$153$59
41 years$1,121$697$418$243$139$52
42 years$1,082$664$392$225$126$46
43 years$1,045$632$368$207$114$40
44 years$1,010$603$345$192$104$36
45 years$976$575$324$177$94$31
46 years$944$548$304$163$86$28
47 years$914$523$286$151$78$24
48 years$885$500$269$139$71$21
49 years$857$477$253$129$64$19
50 years$830$456$238$119$58$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $850,000, adding $3,727 every year, while hoping to spend $31,644 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: 28/49/23 Blend
44$850,000$850,000$850,000$850,000
45$940,544$895,494$882,319$960,007
46$1,002,811$905,705$878,208$985,752
47$1,070,368$915,355$872,899$1,010,360
48$1,143,722$924,383$866,317$1,036,136
49$1,223,430$932,726$858,387$1,063,202
50$1,310,104$940,314$849,027$1,091,692
51$1,404,418$947,073$838,153$1,121,755
52$1,507,113$952,924$825,676$1,153,559
53$1,619,006$957,785$811,503$1,187,291
54$1,740,995$961,566$795,538$1,223,160
55$1,874,067$964,173$777,679$1,261,398
56$2,019,310$965,506$757,820$1,302,263
57$2,177,922$965,458$735,849$1,346,044
58$2,351,220$963,916$711,651$1,393,062
59$2,540,656$960,760$685,103$1,443,674
60$2,747,827$955,861$656,078$1,498,278
61$2,974,493$949,086$624,444$1,557,314
62$3,222,590$940,289$590,061$1,621,274
63$3,494,250$929,320$552,784$1,690,704
64$3,791,823$916,016$512,462$1,766,208
65$4,117,896$900,207$468,936$1,848,460
66$4,475,315$881,712$422,039$1,938,206
67$4,867,219$860,338$371,600$2,036,275
68$5,297,064$835,882$317,436$2,143,585
69$5,768,654$808,130$259,360$2,261,155
70$6,286,182$776,854$197,174$2,390,116
71$6,854,265$741,812$130,672$2,531,719
72$7,477,990$702,751$59,639$2,687,351
73$8,162,959$659,400$0$2,858,551
74$8,915,345$611,475$0$3,050,987
75$9,741,947$558,674$0$3,278,454
76$10,650,256$500,678$0$3,528,449
77$11,648,522$437,152$0$3,803,344
78$12,745,838$367,739$0$4,105,761
79$13,952,219$292,064$0$4,438,596
80$15,278,699$209,729$0$4,805,050
81$16,737,436$120,315$0$5,208,659
82$18,341,824$23,380$0$5,653,326
83$20,106,621$0$0$6,143,365
84$22,048,085$0$0$6,727,506
85$24,184,132$0$0$7,384,222
86$26,534,502$0$0$8,106,994
87$29,120,941$0$0$8,902,530
88$31,967,415$0$0$9,778,223
89$35,100,328$0$0$10,742,217
90$38,548,774$0$0$11,803,486
91$42,344,809$0$0$12,971,920
92$46,523,758$0$0$14,258,416
93$51,124,543$0$0$15,674,980
94$56,190,052$0$0$17,234,843
95$61,767,543$0$0$18,952,585
96$67,909,091$0$0$20,844,269
97$74,672,076$0$0$22,927,598
98$82,119,728$0$0$25,222,079
99$90,321,719$0$0$27,749,207
100$99,354,826$0$0$30,532,668