Can I retire at age 45 with 853,000?

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 $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%16.2%
1 years$70,440$69,813$69,200$68,603$68,019$66,294
2 years$34,871$34,222$33,592$32,982$32,390$30,663
3 years$23,017$22,364$21,737$21,132$20,550$18,875
4 years$17,090$16,440$15,819$15,224$14,656$13,047
5 years$13,536$12,889$12,276$11,694$11,141$9,602
6 years$11,167$10,525$9,921$9,352$8,816$7,347
7 years$9,475$8,839$8,244$7,688$7,170$5,772
8 years$8,207$7,577$6,992$6,450$5,948$4,621
9 years$7,221$6,597$6,022$5,494$5,009$3,752
10 years$6,433$5,815$5,250$4,736$4,268$3,079
11 years$5,789$5,177$4,622$4,121$3,671$2,548
12 years$5,252$4,646$4,102$3,615$3,181$2,122
13 years$4,798$4,199$3,665$3,192$2,774$1,778
14 years$4,410$3,817$3,293$2,833$2,431$1,495
15 years$4,073$3,487$2,973$2,527$2,141$1,262
16 years$3,779$3,199$2,696$2,262$1,892$1,069
17 years$3,520$2,946$2,453$2,033$1,678$907
18 years$3,290$2,722$2,239$1,832$1,492$772
19 years$3,084$2,523$2,050$1,655$1,330$657
20 years$2,899$2,344$1,881$1,499$1,188$561
21 years$2,732$2,184$1,730$1,361$1,063$479
22 years$2,580$2,038$1,595$1,237$953$410
23 years$2,442$1,907$1,472$1,127$855$351
24 years$2,315$1,786$1,362$1,028$769$301
25 years$2,199$1,676$1,261$938$692$258
26 years$2,092$1,575$1,170$858$623$221
27 years$1,993$1,483$1,086$785$562$190
28 years$1,901$1,397$1,010$720$507$163
29 years$1,816$1,318$940$660$458$140
30 years$1,736$1,245$875$606$414$120
31 years$1,662$1,177$816$556$374$103
32 years$1,593$1,113$761$511$338$89
33 years$1,528$1,054$711$470$306$76
34 years$1,466$999$664$432$277$66
35 years$1,409$948$621$398$251$56
36 years$1,355$900$581$367$227$48
37 years$1,304$854$544$338$206$42
38 years$1,255$812$509$311$187$36
39 years$1,210$772$477$287$169$31
40 years$1,166$735$447$265$154$27
41 years$1,125$699$419$244$139$23
42 years$1,086$666$393$225$127$20
43 years$1,049$635$369$208$115$17
44 years$1,013$605$346$192$104$15
45 years$980$577$325$177$95$13
46 years$948$550$306$164$86$11
47 years$917$525$287$151$78$9
48 years$888$501$270$140$71$8
49 years$860$479$254$129$64$7
50 years$833$457$238$120$58$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $853,000, adding $5,729 every year, while hoping to spend $25,568 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: 45/47/8 Blend
44$853,000$853,000$853,000$853,000
45$945,915$900,706$887,485$986,109
46$1,015,195$917,637$890,012$1,031,392
47$1,090,683$934,540$891,766$1,077,367
48$1,172,988$951,388$892,695$1,126,628
49$1,262,776$968,149$892,744$1,179,487
50$1,360,782$984,791$891,853$1,236,287
51$1,467,814$1,001,278$889,963$1,297,406
52$1,584,764$1,017,573$887,009$1,363,262
53$1,712,609$1,033,633$882,923$1,434,316
54$1,852,430$1,049,417$877,636$1,511,074
55$2,005,415$1,064,875$871,074$1,594,096
56$2,172,871$1,079,958$863,159$1,684,001
57$2,356,240$1,094,611$853,810$1,781,468
58$2,557,106$1,108,777$842,943$1,887,250
59$2,777,218$1,122,394$830,468$2,002,175
60$3,018,498$1,135,396$816,293$2,127,156
61$3,283,067$1,147,711$800,320$2,263,201
62$3,573,256$1,159,266$782,448$2,411,423
63$3,891,638$1,169,980$762,569$2,573,048
64$4,241,043$1,179,766$740,573$2,749,428
65$4,624,589$1,188,535$716,342$2,942,056
66$5,045,712$1,196,188$689,755$3,152,577
67$5,508,197$1,202,623$660,683$3,382,806
68$6,016,211$1,207,730$628,995$3,634,745
69$6,574,347$1,211,391$594,549$3,910,604
70$7,187,665$1,213,484$557,200$4,212,817
71$7,861,736$1,213,874$516,796$4,544,070
72$8,602,703$1,212,424$473,178$4,907,327
73$9,417,329$1,208,983$426,180$5,305,855
74$10,313,067$1,203,393$375,627$5,743,258
75$11,298,128$1,195,488$321,339$6,223,510
76$12,381,559$1,185,088$263,126$6,750,994
77$13,573,326$1,172,006$200,789$7,330,543
78$14,884,413$1,156,042$134,124$7,967,489
79$16,326,919$1,136,984$62,912$8,667,710
80$17,914,176$1,114,608$0$9,437,687
81$19,660,874$1,088,675$0$10,285,685
82$21,583,197$1,058,934$0$11,224,274
83$23,698,980$1,025,119$0$12,256,790
84$26,027,873$986,947$0$13,392,838
85$28,591,528$944,119$0$14,643,009
86$31,413,804$896,321$0$16,018,978
87$34,520,990$843,218$0$17,533,617
88$37,942,052$784,457$0$19,201,116
89$41,708,909$719,664$0$21,037,121
90$45,856,735$648,444$0$23,058,878
91$50,424,284$570,380$0$25,285,401
92$55,454,264$485,032$0$27,737,650
93$60,993,732$391,932$0$30,438,732
94$67,094,546$290,589$0$33,414,120
95$73,813,844$180,483$0$36,691,893
96$81,214,595$61,065$0$40,303,005
97$89,366,182$0$0$44,281,578
98$98,345,063$0$0$48,700,522
99$108,235,491$0$0$53,603,019
100$119,130,309$0$0$59,003,524