Can I retire at age 45 with 853,000?

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 $853,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$70,440$69,813$69,200$68,603$68,019$66,975
2 years$34,871$34,222$33,592$32,982$32,390$31,341
3 years$23,017$22,364$21,737$21,132$20,550$19,528
4 years$17,090$16,440$15,819$15,224$14,656$13,669
5 years$13,536$12,889$12,276$11,694$11,141$10,193
6 years$11,167$10,525$9,921$9,352$8,816$7,906
7 years$9,475$8,839$8,244$7,688$7,170$6,300
8 years$8,207$7,577$6,992$6,450$5,948$5,117
9 years$7,221$6,597$6,022$5,494$5,009$4,217
10 years$6,433$5,815$5,250$4,736$4,268$3,514
11 years$5,789$5,177$4,622$4,121$3,671$2,955
12 years$5,252$4,646$4,102$3,615$3,181$2,502
13 years$4,798$4,199$3,665$3,192$2,774$2,130
14 years$4,410$3,817$3,293$2,833$2,431$1,823
15 years$4,073$3,487$2,973$2,527$2,141$1,565
16 years$3,779$3,199$2,696$2,262$1,892$1,349
17 years$3,520$2,946$2,453$2,033$1,678$1,166
18 years$3,290$2,722$2,239$1,832$1,492$1,010
19 years$3,084$2,523$2,050$1,655$1,330$877
20 years$2,899$2,344$1,881$1,499$1,188$762
21 years$2,732$2,184$1,730$1,361$1,063$664
22 years$2,580$2,038$1,595$1,237$953$579
23 years$2,442$1,907$1,472$1,127$855$505
24 years$2,315$1,786$1,362$1,028$769$441
25 years$2,199$1,676$1,261$938$692$386
26 years$2,092$1,575$1,170$858$623$338
27 years$1,993$1,483$1,086$785$562$296
28 years$1,901$1,397$1,010$720$507$259
29 years$1,816$1,318$940$660$458$227
30 years$1,736$1,245$875$606$414$199
31 years$1,662$1,177$816$556$374$175
32 years$1,593$1,113$761$511$338$153
33 years$1,528$1,054$711$470$306$135
34 years$1,466$999$664$432$277$118
35 years$1,409$948$621$398$251$104
36 years$1,355$900$581$367$227$91
37 years$1,304$854$544$338$206$80
38 years$1,255$812$509$311$187$70
39 years$1,210$772$477$287$169$62
40 years$1,166$735$447$265$154$54
41 years$1,125$699$419$244$139$48
42 years$1,086$666$393$225$127$42
43 years$1,049$635$369$208$115$37
44 years$1,013$605$346$192$104$32
45 years$980$577$325$177$95$28
46 years$948$550$306$164$86$25
47 years$917$525$287$151$78$22
48 years$888$501$270$140$71$19
49 years$860$479$254$129$64$17
50 years$833$457$238$120$58$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $853,000, adding $4,428 every year, while hoping to spend $60,000 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: 59/24/17 Blend
44$853,000$853,000$853,000$853,000
45$944,573$899,364$886,143$995,903
46$977,080$879,594$851,989$1,011,371
47$1,010,892$856,843$814,680$1,021,228
48$1,046,078$830,904$774,047$1,030,597
49$1,082,714$801,554$729,914$1,039,440
50$1,120,879$768,559$682,094$1,047,717
51$1,160,661$731,670$630,396$1,055,389
52$1,202,152$690,626$574,619$1,062,415
53$1,245,453$645,148$514,550$1,068,753
54$1,290,673$594,943$449,970$1,074,362
55$1,337,927$539,701$380,650$1,079,199
56$1,387,343$479,094$306,349$1,083,222
57$1,439,057$412,774$226,817$1,086,388
58$1,493,217$340,377$141,792$1,088,656
59$1,549,985$261,514$51,001$1,089,986
60$1,609,533$175,778$0$1,090,337
61$1,672,050$82,736$0$1,097,995
62$1,737,742$0$0$1,115,014
63$1,806,832$0$0$1,136,929
64$1,879,562$0$0$1,183,025
65$1,956,196$0$0$1,231,621
66$2,037,021$0$0$1,282,904
67$2,122,351$0$0$1,337,076
68$2,212,529$0$0$1,394,359
69$2,307,925$0$0$1,454,992
70$2,408,948$0$0$1,519,239
71$2,516,043$0$0$1,587,389
72$2,629,694$0$0$1,659,756
73$2,750,434$0$0$1,736,683
74$2,878,844$0$0$1,818,547
75$3,015,559$0$0$1,905,760
76$3,161,276$0$0$1,998,773
77$3,316,757$0$0$2,098,080
78$3,482,838$0$0$2,204,223
79$3,660,434$0$0$2,317,794
80$3,850,548$0$0$2,439,445
81$4,054,282$0$0$2,569,889
82$4,272,842$0$0$2,709,910
83$4,507,554$0$0$2,860,366
84$4,759,871$0$0$3,022,202
85$5,031,390$0$0$3,196,452
86$5,323,863$0$0$3,384,254
87$5,639,215$0$0$3,586,857
88$5,979,561$0$0$3,805,635
89$6,347,225$0$0$4,042,094
90$6,744,759$0$0$4,297,894
91$7,174,971$0$0$4,574,855
92$7,640,945$0$0$4,874,982
93$8,146,073$0$0$5,200,476
94$8,694,085$0$0$5,553,761
95$9,289,084$0$0$5,937,500
96$9,935,581$0$0$6,354,624
97$10,638,540$0$0$6,808,357
98$11,403,420$0$0$7,302,246
99$12,236,231$0$0$7,840,194
100$13,143,583$0$0$8,426,495