Can I retire at age 45 with 851,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.2%
1 years$70,275$69,649$69,038$68,442$67,860$66,408
2 years$34,789$34,142$33,514$32,905$32,314$30,859
3 years$22,963$22,312$21,686$21,082$20,501$19,088
4 years$17,050$16,402$15,782$15,189$14,622$13,261
5 years$13,504$12,859$12,247$11,666$11,115$9,810
6 years$11,140$10,500$9,897$9,330$8,795$7,548
7 years$9,453$8,818$8,225$7,670$7,153$5,964
8 years$8,188$7,559$6,975$6,435$5,934$4,802
9 years$7,204$6,581$6,008$5,481$4,997$3,923
10 years$6,418$5,801$5,238$4,725$4,258$3,239
11 years$5,775$5,164$4,611$4,112$3,662$2,697
12 years$5,240$4,635$4,092$3,607$3,173$2,262
13 years$4,787$4,189$3,656$3,184$2,767$1,907
14 years$4,399$3,808$3,285$2,826$2,426$1,615
15 years$4,064$3,478$2,966$2,521$2,136$1,373
16 years$3,770$3,191$2,689$2,257$1,888$1,171
17 years$3,512$2,939$2,447$2,028$1,674$1,001
18 years$3,282$2,716$2,234$1,828$1,488$858
19 years$3,077$2,517$2,045$1,651$1,326$736
20 years$2,892$2,339$1,877$1,496$1,185$633
21 years$2,726$2,179$1,726$1,357$1,060$545
22 years$2,574$2,034$1,591$1,234$950$470
23 years$2,436$1,902$1,469$1,124$853$405
24 years$2,310$1,782$1,359$1,025$767$350
25 years$2,194$1,672$1,258$936$690$302
26 years$2,087$1,572$1,167$856$622$261
27 years$1,988$1,479$1,084$784$560$226
28 years$1,897$1,394$1,007$718$506$196
29 years$1,812$1,315$938$658$457$170
30 years$1,732$1,242$873$604$413$147
31 years$1,658$1,174$814$555$373$127
32 years$1,589$1,111$760$510$337$110
33 years$1,524$1,052$709$469$305$96
34 years$1,463$997$663$431$276$83
35 years$1,406$946$620$397$250$72
36 years$1,352$898$580$366$227$62
37 years$1,301$852$542$337$206$54
38 years$1,252$810$508$311$186$47
39 years$1,207$770$476$286$169$41
40 years$1,163$733$446$264$153$35
41 years$1,122$698$418$244$139$31
42 years$1,083$664$392$225$126$27
43 years$1,046$633$368$208$115$23
44 years$1,011$603$346$192$104$20
45 years$977$575$325$177$94$17
46 years$945$549$305$164$86$15
47 years$915$524$286$151$78$13
48 years$886$500$269$140$71$11
49 years$858$478$253$129$64$10
50 years$831$456$238$119$58$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $851,000, adding $4,887 every year, while hoping to spend $45,170 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: 48/35/17 Blend
44$851,000$851,000$851,000$851,000
45$942,843$897,740$884,549$983,380
46$990,952$893,669$866,121$1,007,909
47$1,042,455$887,884$845,562$1,029,524
48$1,097,649$880,254$822,752$1,052,023
49$1,156,863$870,640$797,568$1,075,506
50$1,220,455$858,893$769,878$1,100,085
51$1,288,819$844,856$739,546$1,125,887
52$1,362,388$828,364$706,431$1,153,056
53$1,441,638$809,241$670,383$1,181,752
54$1,527,091$787,299$631,246$1,212,156
55$1,619,319$762,342$588,858$1,244,470
56$1,718,954$734,160$543,049$1,278,921
57$1,826,686$702,534$493,641$1,315,763
58$1,943,278$667,228$440,448$1,355,281
59$2,069,566$627,996$383,276$1,397,791
60$2,206,470$584,575$321,924$1,443,649
61$2,355,001$536,690$256,179$1,493,252
62$2,516,271$484,048$185,821$1,547,041
63$2,691,504$426,340$110,620$1,605,511
64$2,882,046$363,239$30,334$1,669,211
65$3,089,378$294,401$0$1,738,754
66$3,315,128$219,461$0$1,824,861
67$3,561,090$138,033$0$1,924,776
68$3,829,236$49,712$0$2,033,886
69$4,121,738$0$0$2,153,181
70$4,440,986$0$0$2,301,449
71$4,789,610$0$0$2,484,356
72$5,170,507$0$0$2,684,287
73$5,586,864$0$0$2,902,926
74$6,042,192$0$0$3,142,129
75$6,540,356$0$0$3,403,938
76$7,085,611$0$0$3,690,603
77$7,682,643$0$0$4,004,601
78$8,336,614$0$0$4,348,660
79$9,053,205$0$0$4,725,784
80$9,838,675$0$0$5,139,282
81$10,699,917$0$0$5,592,798
82$11,644,524$0$0$6,090,346
83$12,680,857$0$0$6,636,347
84$13,818,127$0$0$7,235,670
85$15,066,478$0$0$7,893,681
86$16,437,087$0$0$8,616,288
87$17,942,264$0$0$9,410,001
88$19,595,569$0$0$10,281,990
89$21,411,942$0$0$11,240,155
90$23,407,840$0$0$12,293,199
91$25,601,394$0$0$13,450,710
92$28,012,578$0$0$14,723,251
93$30,663,398$0$0$16,122,459
94$33,578,098$0$0$17,661,155
95$36,783,388$0$0$19,353,465
96$40,308,699$0$0$21,214,954
97$44,186,454$0$0$23,262,769
98$48,452,377$0$0$25,515,804
99$53,145,830$0$0$27,994,875
100$58,310,181$0$0$30,722,920