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%14.4%
1 years$70,523$69,894$69,281$68,683$68,099$66,861
2 years$34,912$34,262$33,632$33,021$32,428$31,185
3 years$23,044$22,391$21,762$21,157$20,574$19,365
4 years$17,110$16,459$15,837$15,242$14,673$13,507
5 years$13,551$12,904$12,290$11,708$11,154$10,035
6 years$11,180$10,537$9,932$9,363$8,826$7,755
7 years$9,486$8,849$8,254$7,697$7,178$6,155
8 years$8,217$7,585$7,000$6,457$5,955$4,979
9 years$7,230$6,605$6,029$5,500$5,015$4,086
10 years$6,441$5,822$5,256$4,741$4,273$3,391
11 years$5,795$5,183$4,628$4,126$3,675$2,838
12 years$5,258$4,652$4,107$3,619$3,185$2,392
13 years$4,804$4,204$3,669$3,195$2,777$2,028
14 years$4,415$3,821$3,297$2,836$2,434$1,727
15 years$4,078$3,491$2,977$2,530$2,143$1,476
16 years$3,784$3,203$2,699$2,265$1,894$1,266
17 years$3,524$2,949$2,456$2,035$1,680$1,088
18 years$3,294$2,725$2,242$1,834$1,493$938
19 years$3,088$2,526$2,052$1,657$1,331$810
20 years$2,902$2,347$1,883$1,501$1,189$701
21 years$2,735$2,186$1,732$1,362$1,064$607
22 years$2,583$2,041$1,597$1,239$954$526
23 years$2,445$1,909$1,474$1,128$856$457
24 years$2,318$1,788$1,363$1,029$770$397
25 years$2,202$1,678$1,263$940$692$345
26 years$2,094$1,577$1,171$859$624$300
27 years$1,995$1,484$1,088$786$562$262
28 years$1,903$1,399$1,011$720$507$228
29 years$1,818$1,320$941$661$458$199
30 years$1,738$1,246$876$606$414$173
31 years$1,664$1,178$817$557$374$151
32 years$1,595$1,115$762$512$339$132
33 years$1,529$1,056$712$471$306$115
34 years$1,468$1,001$665$433$277$100
35 years$1,411$949$622$399$251$88
36 years$1,356$901$582$367$228$76
37 years$1,305$855$544$338$206$67
38 years$1,257$813$510$312$187$58
39 years$1,211$773$478$287$170$51
40 years$1,168$736$448$265$154$45
41 years$1,126$700$420$245$140$39
42 years$1,087$667$394$226$127$34
43 years$1,050$635$369$208$115$30
44 years$1,015$606$347$192$104$26
45 years$981$577$326$178$95$23
46 years$949$551$306$164$86$20
47 years$918$526$287$152$78$17
48 years$889$502$270$140$71$15
49 years$861$479$254$130$64$13
50 years$834$458$239$120$59$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $854,000, adding $3,712 every year, while hoping to spend $22,381 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: 39/40/21 Blend
44$854,000$854,000$854,000$854,000
45$944,937$899,675$886,438$975,752
46$1,017,507$919,946$892,320$1,018,560
47$1,096,730$940,460$897,650$1,062,422
48$1,183,259$961,205$902,384$1,109,394
49$1,277,816$982,169$906,479$1,159,771
50$1,381,195$1,003,337$909,887$1,213,878
51$1,494,269$1,024,693$912,561$1,272,073
52$1,618,001$1,046,219$914,448$1,334,750
53$1,753,450$1,067,897$915,495$1,402,347
54$1,901,783$1,089,705$915,645$1,475,342
55$2,064,285$1,111,620$914,839$1,554,267
56$2,242,369$1,133,617$913,014$1,639,704
57$2,437,596$1,155,669$910,105$1,732,298
58$2,651,681$1,177,747$906,043$1,832,760
59$2,886,514$1,199,818$900,757$1,941,872
60$3,144,177$1,221,848$894,171$2,060,500
61$3,426,965$1,243,800$886,207$2,189,596
62$3,737,402$1,265,633$876,782$2,330,210
63$4,078,271$1,287,303$865,808$2,483,502
64$4,452,638$1,308,765$853,197$2,650,750
65$4,863,880$1,329,967$838,851$2,833,364
66$5,315,716$1,350,856$822,674$3,032,898
67$5,812,245$1,371,374$804,559$3,251,066
68$6,357,981$1,391,458$784,398$3,489,760
69$6,957,898$1,411,042$762,079$3,751,064
70$7,617,476$1,430,055$737,480$4,037,278
71$8,342,751$1,448,421$710,479$4,350,938
72$9,140,376$1,466,058$680,944$4,694,840
73$10,017,679$1,482,879$648,740$5,072,067
74$10,982,734$1,498,791$613,724$5,486,021
75$12,044,436$1,513,696$575,748$5,940,450
76$13,212,588$1,527,487$534,655$6,439,489
77$14,497,990$1,540,051$490,284$6,987,697
78$15,912,541$1,551,270$442,464$7,590,102
79$17,469,352$1,561,014$391,019$8,252,246
80$19,182,871$1,569,149$335,763$8,980,241
81$21,069,015$1,575,528$276,502$9,780,827
82$23,145,325$1,580,000$213,036$10,661,432
83$25,431,128$1,582,399$145,152$11,630,251
84$27,947,720$1,582,553$72,631$12,696,313
85$30,718,566$1,580,277$0$13,869,579
86$33,769,524$1,575,375$0$15,162,092
87$37,129,087$1,567,640$0$16,602,328
88$40,828,649$1,556,850$0$18,187,396
89$44,902,807$1,542,771$0$19,932,065
90$49,389,683$1,525,157$0$21,852,615
91$54,331,285$1,503,743$0$23,966,988
92$59,773,901$1,478,251$0$26,294,963
93$65,768,539$1,448,387$0$28,858,337
94$72,371,409$1,413,836$0$31,681,136
95$79,644,447$1,374,268$0$34,789,839
96$87,655,906$1,329,333$0$38,213,633
97$96,480,998$1,278,660$0$41,984,686
98$106,202,601$1,221,856$0$46,138,452
99$116,912,045$1,158,505$0$50,714,008
100$128,709,970$1,088,168$0$55,754,422