Can I retire at age 45 with 854,000?

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 $854,000?

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$70,523$69,894$69,281$68,683$68,099$66,372
2 years$34,912$34,262$33,632$33,021$32,428$30,699
3 years$23,044$22,391$21,762$21,157$20,574$18,897
4 years$17,110$16,459$15,837$15,242$14,673$13,062
5 years$13,551$12,904$12,290$11,708$11,154$9,613
6 years$11,180$10,537$9,932$9,363$8,826$7,356
7 years$9,486$8,849$8,254$7,697$7,178$5,779
8 years$8,217$7,585$7,000$6,457$5,955$4,627
9 years$7,230$6,605$6,029$5,500$5,015$3,756
10 years$6,441$5,822$5,256$4,741$4,273$3,083
11 years$5,795$5,183$4,628$4,126$3,675$2,551
12 years$5,258$4,652$4,107$3,619$3,185$2,125
13 years$4,804$4,204$3,669$3,195$2,777$1,780
14 years$4,415$3,821$3,297$2,836$2,434$1,497
15 years$4,078$3,491$2,977$2,530$2,143$1,264
16 years$3,784$3,203$2,699$2,265$1,894$1,070
17 years$3,524$2,949$2,456$2,035$1,680$908
18 years$3,294$2,725$2,242$1,834$1,493$773
19 years$3,088$2,526$2,052$1,657$1,331$658
20 years$2,902$2,347$1,883$1,501$1,189$562
21 years$2,735$2,186$1,732$1,362$1,064$480
22 years$2,583$2,041$1,597$1,239$954$410
23 years$2,445$1,909$1,474$1,128$856$351
24 years$2,318$1,788$1,363$1,029$770$301
25 years$2,202$1,678$1,263$940$692$258
26 years$2,094$1,577$1,171$859$624$221
27 years$1,995$1,484$1,088$786$562$190
28 years$1,903$1,399$1,011$720$507$163
29 years$1,818$1,320$941$661$458$140
30 years$1,738$1,246$876$606$414$120
31 years$1,664$1,178$817$557$374$103
32 years$1,595$1,115$762$512$339$89
33 years$1,529$1,056$712$471$306$76
34 years$1,468$1,001$665$433$277$66
35 years$1,411$949$622$399$251$56
36 years$1,356$901$582$367$228$49
37 years$1,305$855$544$338$206$42
38 years$1,257$813$510$312$187$36
39 years$1,211$773$478$287$170$31
40 years$1,168$736$448$265$154$27
41 years$1,126$700$420$245$140$23
42 years$1,087$667$394$226$127$20
43 years$1,050$635$369$208$115$17
44 years$1,015$606$347$192$104$15
45 years$981$577$326$178$95$13
46 years$949$551$306$164$86$11
47 years$918$526$287$152$78$9
48 years$889$502$270$140$71$8
49 years$861$479$254$130$64$7
50 years$834$458$239$120$59$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $854,000, adding $6,640 every year, while hoping to spend $36,515 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: 73/21/6 Blend
44$854,000$854,000$854,000$854,000
45$947,957$902,695$889,458$1,016,009
46$1,005,797$908,076$880,403$1,067,128
47$1,068,313$912,496$869,821$1,117,843
48$1,135,943$915,870$857,622$1,172,345
49$1,209,169$918,108$843,713$1,230,996
50$1,288,521$919,112$827,994$1,294,195
51$1,374,582$918,780$810,363$1,362,381
52$1,467,991$917,002$790,713$1,436,039
53$1,569,454$913,663$768,929$1,515,704
54$1,679,746$908,640$744,896$1,601,964
55$1,799,720$901,803$718,489$1,695,470
56$1,930,312$893,012$689,580$1,796,938
57$2,072,556$882,122$658,033$1,907,157
58$2,227,588$868,977$623,708$2,026,999
59$2,396,657$853,413$586,458$2,157,424
60$2,581,140$835,254$546,128$2,299,491
61$2,782,551$814,315$502,558$2,454,368
62$3,002,557$790,403$455,579$2,623,342
63$3,242,993$763,308$405,017$2,807,834
64$3,505,881$732,812$350,687$3,009,409
65$3,793,444$698,684$292,398$3,229,795
66$4,108,133$660,676$229,951$3,470,896
67$4,452,644$618,531$163,136$3,734,811
68$4,829,948$571,973$91,735$4,023,857
69$5,243,315$520,713$15,521$4,340,587
70$5,696,349$464,443$0$4,687,816
71$6,193,016$402,840$0$5,072,863
72$6,737,685$335,561$0$5,496,273
73$7,335,170$262,244$0$5,960,842
74$7,990,771$182,508$0$6,470,752
75$8,710,326$95,948$0$7,030,609
76$9,500,268$2,138$0$7,645,495
77$10,367,681$0$0$8,321,009
78$11,320,369$0$0$9,086,288
79$12,366,929$0$0$9,927,559
80$13,516,833$0$0$10,851,945
81$14,780,514$0$0$11,867,839
82$16,169,468$0$0$12,984,487
83$17,696,356$0$0$14,212,077
84$19,375,132$0$0$15,561,831
85$21,221,166$0$0$17,046,114
86$23,251,393$0$0$18,678,548
87$25,484,471$0$0$20,474,143
88$27,940,959$0$0$22,449,436
89$30,643,507$0$0$24,622,647
90$33,617,070$0$0$27,013,852
91$36,889,147$0$0$29,645,170
92$40,490,034$0$0$32,540,973
93$44,453,114$0$0$35,728,116
94$48,815,172$0$0$39,236,189
95$53,616,736$0$0$43,097,795
96$58,902,466$0$0$47,348,859
97$64,721,570$0$0$52,028,967
98$71,128,271$0$0$57,181,738
99$78,182,316$0$0$62,855,235
100$85,949,541$0$0$69,102,419