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%17.9%
1 years$70,275$69,649$69,038$68,442$67,860$65,688
2 years$34,789$34,142$33,514$32,905$32,314$30,146
3 years$22,963$22,312$21,686$21,082$20,501$18,405
4 years$17,050$16,402$15,782$15,189$14,622$12,613
5 years$13,504$12,859$12,247$11,666$11,115$9,200
6 years$11,140$10,500$9,897$9,330$8,795$6,975
7 years$9,453$8,818$8,225$7,670$7,153$5,427
8 years$8,188$7,559$6,975$6,435$5,934$4,302
9 years$7,204$6,581$6,008$5,481$4,997$3,456
10 years$6,418$5,801$5,238$4,725$4,258$2,806
11 years$5,775$5,164$4,611$4,112$3,662$2,297
12 years$5,240$4,635$4,092$3,607$3,173$1,892
13 years$4,787$4,189$3,656$3,184$2,767$1,567
14 years$4,399$3,808$3,285$2,826$2,426$1,302
15 years$4,064$3,478$2,966$2,521$2,136$1,086
16 years$3,770$3,191$2,689$2,257$1,888$909
17 years$3,512$2,939$2,447$2,028$1,674$762
18 years$3,282$2,716$2,234$1,828$1,488$640
19 years$3,077$2,517$2,045$1,651$1,326$538
20 years$2,892$2,339$1,877$1,496$1,185$453
21 years$2,726$2,179$1,726$1,357$1,060$382
22 years$2,574$2,034$1,591$1,234$950$323
23 years$2,436$1,902$1,469$1,124$853$273
24 years$2,310$1,782$1,359$1,025$767$230
25 years$2,194$1,672$1,258$936$690$195
26 years$2,087$1,572$1,167$856$622$165
27 years$1,988$1,479$1,084$784$560$140
28 years$1,897$1,394$1,007$718$506$118
29 years$1,812$1,315$938$658$457$100
30 years$1,732$1,242$873$604$413$85
31 years$1,658$1,174$814$555$373$72
32 years$1,589$1,111$760$510$337$61
33 years$1,524$1,052$709$469$305$52
34 years$1,463$997$663$431$276$44
35 years$1,406$946$620$397$250$37
36 years$1,352$898$580$366$227$31
37 years$1,301$852$542$337$206$27
38 years$1,252$810$508$311$186$23
39 years$1,207$770$476$286$169$19
40 years$1,163$733$446$264$153$16
41 years$1,122$698$418$244$139$14
42 years$1,083$664$392$225$126$12
43 years$1,046$633$368$208$115$10
44 years$1,011$603$346$192$104$8
45 years$977$575$325$177$94$7
46 years$945$549$305$164$86$6
47 years$915$524$286$151$78$5
48 years$886$500$269$140$71$4
49 years$858$478$253$129$64$4
50 years$831$456$238$119$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $851,000, adding $5,319 every year, while hoping to spend $49,156 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: 36/45/19 Blend
44$851,000$851,000$851,000$851,000
45$943,289$898,186$884,995$971,635
46$987,202$889,895$862,341$984,458
47$1,033,948$879,551$837,280$993,306
48$1,083,762$867,000$809,680$1,001,835
49$1,136,904$852,082$779,403$1,010,044
50$1,193,659$834,624$746,304$1,017,937
51$1,254,338$814,446$710,230$1,025,523
52$1,319,282$791,356$671,024$1,032,814
53$1,388,865$765,149$628,521$1,039,831
54$1,463,500$735,611$582,546$1,046,603
55$1,543,635$702,515$532,920$1,053,164
56$1,629,767$665,619$479,454$1,059,560
57$1,722,437$624,668$421,950$1,065,848
58$1,822,242$579,394$360,202$1,072,096
59$1,929,837$529,510$293,995$1,078,389
60$2,045,942$474,717$223,104$1,084,825
61$2,171,345$414,696$147,296$1,091,522
62$2,306,917$349,110$66,325$1,098,617
63$2,453,610$277,605$0$1,106,271
64$2,612,475$199,804$0$1,118,744
65$2,784,665$115,312$0$1,146,793
66$2,971,449$23,710$0$1,177,263
67$3,174,221$0$0$1,210,500
68$3,394,516$0$0$1,284,248
69$3,634,022$0$0$1,377,298
70$3,894,595$0$0$1,478,644
71$4,178,278$0$0$1,589,095
72$4,487,320$0$0$1,709,540
73$4,824,194$0$0$1,840,958
74$5,191,622$0$0$1,984,428
75$5,592,603$0$0$2,141,137
76$6,030,434$0$0$2,312,390
77$6,508,746$0$0$2,499,626
78$7,031,537$0$0$2,704,428
79$7,603,208$0$0$2,928,540
80$8,228,604$0$0$3,173,881
81$8,913,062$0$0$3,442,566
82$9,662,457$0$0$3,736,923
83$10,483,258$0$0$4,059,516
84$11,382,591$0$0$4,413,168
85$12,368,302$0$0$4,800,990
86$13,449,033$0$0$5,226,406
87$14,634,302$0$0$5,693,189
88$15,934,593$0$0$6,205,496
89$17,361,453$0$0$6,767,903
90$18,927,601$0$0$7,385,454
91$20,647,047$0$0$8,063,702
92$22,535,225$0$0$8,808,767
93$24,609,135$0$0$9,627,390
94$26,887,507$0$0$10,526,996
95$29,390,973$0$0$11,515,767
96$32,142,262$0$0$12,602,715
97$35,166,414$0$0$13,797,770
98$38,491,018$0$0$15,111,874
99$42,146,466$0$0$16,557,077
100$46,166,246$0$0$18,146,661