Can I retire at age 45 with 851,000?

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 $851,000?

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$70,275$69,649$69,038$68,442$67,860$66,791
2 years$34,789$34,142$33,514$32,905$32,314$31,240
3 years$22,963$22,312$21,686$21,082$20,501$19,455
4 years$17,050$16,402$15,782$15,189$14,622$13,612
5 years$13,504$12,859$12,247$11,666$11,115$10,144
6 years$11,140$10,500$9,897$9,330$8,795$7,865
7 years$9,453$8,818$8,225$7,670$7,153$6,263
8 years$8,188$7,559$6,975$6,435$5,934$5,084
9 years$7,204$6,581$6,008$5,481$4,997$4,188
10 years$6,418$5,801$5,238$4,725$4,258$3,488
11 years$5,775$5,164$4,611$4,112$3,662$2,930
12 years$5,240$4,635$4,092$3,607$3,173$2,479
13 years$4,787$4,189$3,656$3,184$2,767$2,110
14 years$4,399$3,808$3,285$2,826$2,426$1,804
15 years$4,064$3,478$2,966$2,521$2,136$1,548
16 years$3,770$3,191$2,689$2,257$1,888$1,334
17 years$3,512$2,939$2,447$2,028$1,674$1,152
18 years$3,282$2,716$2,234$1,828$1,488$997
19 years$3,077$2,517$2,045$1,651$1,326$865
20 years$2,892$2,339$1,877$1,496$1,185$751
21 years$2,726$2,179$1,726$1,357$1,060$654
22 years$2,574$2,034$1,591$1,234$950$570
23 years$2,436$1,902$1,469$1,124$853$497
24 years$2,310$1,782$1,359$1,025$767$434
25 years$2,194$1,672$1,258$936$690$379
26 years$2,087$1,572$1,167$856$622$331
27 years$1,988$1,479$1,084$784$560$290
28 years$1,897$1,394$1,007$718$506$254
29 years$1,812$1,315$938$658$457$222
30 years$1,732$1,242$873$604$413$195
31 years$1,658$1,174$814$555$373$171
32 years$1,589$1,111$760$510$337$150
33 years$1,524$1,052$709$469$305$131
34 years$1,463$997$663$431$276$115
35 years$1,406$946$620$397$250$101
36 years$1,352$898$580$366$227$89
37 years$1,301$852$542$337$206$78
38 years$1,252$810$508$311$186$68
39 years$1,207$770$476$286$169$60
40 years$1,163$733$446$264$153$53
41 years$1,122$698$418$244$139$46
42 years$1,083$664$392$225$126$41
43 years$1,046$633$368$208$115$36
44 years$1,011$603$346$192$104$31
45 years$977$575$325$177$94$28
46 years$945$549$305$164$86$24
47 years$915$524$286$151$78$21
48 years$886$500$269$140$71$19
49 years$858$478$253$129$64$16
50 years$831$456$238$119$58$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $851,000, adding $4,923 every year, while hoping to spend $25,482 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: 53/42/5 Blend
44$851,000$851,000$851,000$851,000
45$942,880$897,777$884,587$991,565
46$1,011,941$914,656$887,108$1,041,924
47$1,087,192$931,507$888,859$1,093,455
48$1,169,238$948,303$889,788$1,148,890
49$1,258,744$965,014$889,840$1,208,601
50$1,356,443$981,606$888,956$1,272,999
51$1,463,139$998,044$887,075$1,342,535
52$1,579,722$1,014,290$884,134$1,417,708
53$1,707,167$1,030,304$880,066$1,499,067
54$1,846,550$1,046,041$874,801$1,587,218
55$1,999,056$1,061,455$868,264$1,682,827
56$2,165,988$1,076,495$860,380$1,786,631
57$2,348,783$1,091,107$851,067$1,899,440
58$2,549,022$1,105,234$840,240$2,022,147
59$2,768,446$1,118,814$827,812$2,155,740
60$3,008,973$1,131,782$813,690$2,301,303
61$3,272,716$1,144,066$797,775$2,460,035
62$3,562,000$1,155,593$779,968$2,633,256
63$3,879,388$1,166,281$760,161$2,822,423
64$4,227,703$1,176,047$738,244$3,029,140
65$4,610,054$1,184,798$714,100$3,255,178
66$5,029,865$1,192,438$687,608$3,502,487
67$5,490,909$1,198,865$658,640$3,773,220
68$5,997,341$1,203,969$627,064$4,069,748
69$6,553,739$1,207,633$592,740$4,394,688
70$7,165,147$1,209,733$555,524$4,750,922
71$7,837,121$1,210,139$515,262$5,141,631
72$8,575,781$1,208,710$471,798$5,570,319
73$9,387,872$1,205,299$424,965$6,040,852
74$10,280,824$1,199,747$374,590$6,557,490
75$11,262,821$1,191,887$320,491$7,124,932
76$12,342,882$1,181,544$262,482$7,748,359
77$13,530,945$1,168,527$200,363$8,433,479
78$14,837,956$1,152,640$133,930$9,186,589
79$16,275,978$1,133,670$62,967$10,014,631
80$17,858,301$1,111,393$0$10,925,257
81$19,599,570$1,085,574$0$11,927,585
82$21,515,920$1,055,960$0$13,033,863
83$23,625,129$1,022,288$0$14,250,997
84$25,946,786$984,274$0$15,590,302
85$28,502,478$941,623$0$17,064,257
86$31,315,987$894,019$0$18,686,612
87$34,413,521$841,129$0$20,472,528
88$37,823,958$782,602$0$22,438,717
89$41,579,117$718,066$0$24,603,600
90$45,714,062$647,126$0$26,987,481
91$50,267,428$569,367$0$29,612,743
92$55,281,790$484,350$0$32,504,059
93$60,804,059$391,609$0$35,688,624
94$66,885,931$290,656$0$39,196,415
95$73,584,369$180,972$0$43,060,473
96$80,962,145$62,009$0$47,317,220
97$89,088,427$0$0$52,006,801
98$98,039,436$0$0$57,204,341
99$107,899,164$0$0$62,961,231
100$118,760,164$0$0$69,302,869