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%18.1%
1 years$70,440$69,813$69,200$68,603$68,019$65,789
2 years$34,871$34,222$33,592$32,982$32,390$30,165
3 years$23,017$22,364$21,737$21,132$20,550$18,399
4 years$17,090$16,440$15,819$15,224$14,656$12,596
5 years$13,536$12,889$12,276$11,694$11,141$9,178
6 years$11,167$10,525$9,921$9,352$8,816$6,950
7 years$9,475$8,839$8,244$7,688$7,170$5,402
8 years$8,207$7,577$6,992$6,450$5,948$4,277
9 years$7,221$6,597$6,022$5,494$5,009$3,432
10 years$6,433$5,815$5,250$4,736$4,268$2,783
11 years$5,789$5,177$4,622$4,121$3,671$2,275
12 years$5,252$4,646$4,102$3,615$3,181$1,872
13 years$4,798$4,199$3,665$3,192$2,774$1,548
14 years$4,410$3,817$3,293$2,833$2,431$1,285
15 years$4,073$3,487$2,973$2,527$2,141$1,070
16 years$3,779$3,199$2,696$2,262$1,892$894
17 years$3,520$2,946$2,453$2,033$1,678$748
18 years$3,290$2,722$2,239$1,832$1,492$628
19 years$3,084$2,523$2,050$1,655$1,330$527
20 years$2,899$2,344$1,881$1,499$1,188$443
21 years$2,732$2,184$1,730$1,361$1,063$373
22 years$2,580$2,038$1,595$1,237$953$315
23 years$2,442$1,907$1,472$1,127$855$265
24 years$2,315$1,786$1,362$1,028$769$224
25 years$2,199$1,676$1,261$938$692$189
26 years$2,092$1,575$1,170$858$623$160
27 years$1,993$1,483$1,086$785$562$135
28 years$1,901$1,397$1,010$720$507$114
29 years$1,816$1,318$940$660$458$96
30 years$1,736$1,245$875$606$414$82
31 years$1,662$1,177$816$556$374$69
32 years$1,593$1,113$761$511$338$58
33 years$1,528$1,054$711$470$306$49
34 years$1,466$999$664$432$277$42
35 years$1,409$948$621$398$251$35
36 years$1,355$900$581$367$227$30
37 years$1,304$854$544$338$206$25
38 years$1,255$812$509$311$187$21
39 years$1,210$772$477$287$169$18
40 years$1,166$735$447$265$154$15
41 years$1,125$699$419$244$139$13
42 years$1,086$666$393$225$127$11
43 years$1,049$635$369$208$115$9
44 years$1,013$605$346$192$104$8
45 years$980$577$325$177$95$7
46 years$948$550$306$164$86$6
47 years$917$525$287$151$78$5
48 years$888$501$270$140$71$4
49 years$860$479$254$129$64$3
50 years$833$457$238$120$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $853,000, adding $2,573 every year, while hoping to spend $35,464 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: 25/45/30 Blend
44$853,000$853,000$853,000$853,000
45$942,660$897,451$884,230$957,347
46$1,001,078$903,693$876,118$976,199
47$1,064,266$909,052$866,546$993,237
48$1,132,673$913,447$855,427$1,010,782
49$1,206,793$916,793$842,671$1,028,899
50$1,287,168$918,999$828,183$1,047,667
51$1,374,397$919,967$811,865$1,067,173
52$1,469,135$919,595$793,611$1,087,518
53$1,572,104$917,772$773,315$1,108,816
54$1,684,099$914,384$750,861$1,131,194
55$1,805,994$909,306$726,133$1,154,800
56$1,938,752$902,408$699,004$1,179,798
57$2,083,430$893,551$669,346$1,206,374
58$2,241,193$882,589$637,023$1,234,737
59$2,413,324$869,365$601,892$1,265,124
60$2,601,233$853,713$563,805$1,297,798
61$2,806,474$835,461$522,608$1,333,058
62$3,030,757$814,421$478,138$1,371,237
63$3,275,964$790,398$430,226$1,412,709
64$3,544,169$763,183$378,695$1,457,892
65$3,837,653$732,559$323,360$1,507,254
66$4,158,931$698,291$264,029$1,561,317
67$4,510,768$660,133$200,501$1,620,666
68$4,896,213$617,826$132,564$1,685,953
69$5,318,622$571,095$60,000$1,757,904
70$5,781,691$519,648$0$1,837,330
71$6,289,490$463,178$0$1,930,714
72$6,846,505$401,360$0$2,054,339
73$7,457,673$333,851$0$2,190,176
74$8,128,434$260,288$0$2,339,552
75$8,864,780$180,288$0$2,503,936
76$9,673,311$93,446$0$2,684,955
77$10,561,299$0$0$2,884,410
78$11,536,753$0$0$3,104,622
79$12,608,497$0$0$3,397,565
80$13,786,250$0$0$3,719,639
81$15,080,723$0$0$4,073,795
82$16,503,713$0$0$4,463,279
83$18,068,217$0$0$4,891,669
84$19,788,557$0$0$5,362,910
85$21,680,508$0$0$5,881,344
86$23,761,454$0$0$6,451,759
87$26,050,548$0$0$7,079,426
88$28,568,889$0$0$7,770,158
89$31,339,729$0$0$8,530,357
90$34,388,684$0$0$9,367,076
91$37,743,981$0$0$10,288,089
92$41,436,718$0$0$11,301,961
93$45,501,164$0$0$12,418,130
94$49,975,078$0$0$13,646,994
95$54,900,064$0$0$15,000,012
96$60,321,965$0$0$16,489,809
97$66,291,297$0$0$18,130,300
98$72,863,720$0$0$19,936,815
99$80,100,567$0$0$21,926,246
100$88,069,423$0$0$24,117,210