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%19.2%
1 years$70,192$69,567$68,957$68,362$67,780$65,271
2 years$34,749$34,101$33,474$32,866$32,276$29,777
3 years$22,936$22,286$21,660$21,058$20,477$18,066
4 years$17,030$16,382$15,763$15,171$14,605$12,300
5 years$13,488$12,844$12,233$11,653$11,102$8,910
6 years$11,127$10,488$9,886$9,319$8,785$6,707
7 years$9,442$8,808$8,215$7,661$7,144$5,180
8 years$8,178$7,550$6,967$6,427$5,927$4,074
9 years$7,196$6,574$6,001$5,474$4,991$3,248
10 years$6,410$5,794$5,232$4,719$4,253$2,616
11 years$5,768$5,158$4,606$4,107$3,658$2,123
12 years$5,234$4,630$4,088$3,602$3,170$1,734
13 years$4,781$4,184$3,652$3,180$2,764$1,423
14 years$4,394$3,803$3,281$2,823$2,423$1,172
15 years$4,059$3,474$2,963$2,518$2,133$969
16 years$3,766$3,188$2,686$2,254$1,885$803
17 years$3,507$2,936$2,444$2,026$1,672$667
18 years$3,278$2,713$2,231$1,825$1,486$554
19 years$3,073$2,514$2,043$1,649$1,325$462
20 years$2,889$2,336$1,875$1,494$1,183$385
21 years$2,722$2,176$1,724$1,356$1,059$322
22 years$2,571$2,031$1,589$1,233$949$269
23 years$2,433$1,900$1,467$1,123$852$225
24 years$2,307$1,780$1,357$1,024$766$188
25 years$2,191$1,670$1,257$935$689$157
26 years$2,085$1,570$1,166$855$621$132
27 years$1,986$1,478$1,082$783$560$110
28 years$1,894$1,392$1,006$717$505$92
29 years$1,809$1,313$936$658$456$77
30 years$1,730$1,240$872$603$412$65
31 years$1,656$1,173$813$554$373$54
32 years$1,587$1,109$759$509$337$46
33 years$1,522$1,051$708$468$305$38
34 years$1,461$996$662$431$276$32
35 years$1,404$945$619$397$250$27
36 years$1,350$897$579$365$227$23
37 years$1,299$851$542$337$205$19
38 years$1,251$809$507$310$186$16
39 years$1,205$769$475$286$169$13
40 years$1,162$732$446$264$153$11
41 years$1,121$697$418$243$139$9
42 years$1,082$664$392$225$126$8
43 years$1,045$632$368$207$114$7
44 years$1,010$603$345$192$104$6
45 years$976$575$324$177$94$5
46 years$944$548$304$163$86$4
47 years$914$523$286$151$78$3
48 years$885$500$269$139$71$3
49 years$857$477$253$129$64$2
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 $5,278 every year, while hoping to spend $53,011 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: 69/12/19 Blend
44$850,000$850,000$850,000$850,000
45$942,144$897,094$883,919$1,002,435
46$981,840$884,649$857,127$1,030,901
47$1,023,807$869,816$827,661$1,055,306
48$1,068,223$852,425$795,375$1,080,701
49$1,115,279$832,290$760,117$1,107,179
50$1,165,184$809,220$721,728$1,134,845
51$1,218,169$783,007$680,041$1,163,814
52$1,274,483$753,435$634,884$1,194,216
53$1,334,401$720,274$586,073$1,226,194
54$1,398,223$683,281$533,420$1,259,910
55$1,466,278$642,198$476,726$1,295,541
56$1,538,926$596,753$415,784$1,333,288
57$1,616,561$546,659$350,377$1,373,371
58$1,699,616$491,611$280,280$1,416,037
59$1,788,565$431,288$205,258$1,461,559
60$1,883,927$365,350$125,063$1,510,243
61$1,986,274$293,439$39,439$1,562,426
62$2,096,231$215,174$0$1,618,485
63$2,214,485$130,157$0$1,689,365
64$2,341,791$37,963$0$1,774,219
65$2,478,978$0$0$1,865,614
66$2,626,954$0$0$1,972,352
67$2,786,721$0$0$2,093,044
68$2,959,376$0$0$2,223,511
69$3,146,127$0$0$2,364,670
70$3,348,300$0$0$2,517,530
71$3,567,355$0$0$2,683,199
72$3,804,896$0$0$2,862,896
73$4,062,686$0$0$3,057,961
74$4,342,667$0$0$3,269,869
75$4,646,971$0$0$3,500,241
76$4,977,947$0$0$3,750,862
77$5,338,178$0$0$4,023,695
78$5,730,505$0$0$4,320,900
79$6,158,057$0$0$4,644,853
80$6,624,275$0$0$4,998,170
81$7,132,946$0$0$5,383,732
82$7,688,242$0$0$5,804,707
83$8,294,751$0$0$6,264,585
84$8,957,527$0$0$6,767,205
85$9,682,133$0$0$7,316,797
86$10,474,693$0$0$7,918,017
87$11,341,951$0$0$8,575,991
88$12,291,333$0$0$9,296,363
89$13,331,016$0$0$10,085,351
90$14,470,004$0$0$10,949,799
91$15,718,214$0$0$11,897,247
92$17,086,569$0$0$12,935,998
93$18,587,096$0$0$14,075,196
94$20,233,045$0$0$15,324,913
95$22,039,007$0$0$16,696,244
96$24,021,056$0$0$18,201,409
97$26,196,898$0$0$19,853,868
98$28,586,035$0$0$21,668,450
99$31,209,951$0$0$23,661,487
100$34,092,313$0$0$25,850,975