Can I retire at age 45 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$70,605$69,976$69,363$68,764$68,179$66,612
2 years$34,953$34,302$33,671$33,059$32,466$30,896
3 years$23,071$22,417$21,787$21,182$20,598$19,074
4 years$17,130$16,479$15,856$15,260$14,691$13,224
5 years$13,567$12,920$12,305$11,721$11,168$9,763
6 years$11,193$10,550$9,944$9,374$8,836$7,495
7 years$9,497$8,860$8,264$7,707$7,186$5,909
8 years$8,226$7,594$7,008$6,465$5,962$4,747
9 years$7,238$6,612$6,036$5,507$5,021$3,868
10 years$6,448$5,828$5,262$4,747$4,278$3,186
11 years$5,802$5,189$4,633$4,131$3,679$2,647
12 years$5,264$4,657$4,112$3,624$3,188$2,213
13 years$4,810$4,209$3,673$3,199$2,780$1,861
14 years$4,420$3,826$3,301$2,840$2,437$1,572
15 years$4,083$3,495$2,980$2,533$2,146$1,333
16 years$3,788$3,206$2,702$2,268$1,897$1,133
17 years$3,528$2,953$2,459$2,037$1,682$966
18 years$3,297$2,729$2,244$1,836$1,495$825
19 years$3,091$2,529$2,055$1,659$1,333$706
20 years$2,906$2,350$1,886$1,503$1,190$606
21 years$2,738$2,189$1,734$1,364$1,065$520
22 years$2,586$2,043$1,599$1,240$955$447
23 years$2,448$1,911$1,476$1,129$857$384
24 years$2,321$1,790$1,365$1,030$770$331
25 years$2,204$1,680$1,264$941$693$285
26 years$2,097$1,579$1,173$860$624$245
27 years$1,998$1,486$1,089$787$563$212
28 years$1,906$1,400$1,012$721$508$183
29 years$1,820$1,321$942$661$459$158
30 years$1,740$1,248$877$607$414$136
31 years$1,666$1,179$818$557$375$117
32 years$1,596$1,116$763$512$339$101
33 years$1,531$1,057$713$471$307$88
34 years$1,470$1,002$666$433$278$76
35 years$1,412$950$622$399$252$65
36 years$1,358$902$582$368$228$57
37 years$1,307$856$545$339$207$49
38 years$1,258$814$510$312$187$42
39 years$1,212$774$478$288$170$37
40 years$1,169$736$448$265$154$32
41 years$1,128$701$420$245$140$27
42 years$1,089$668$394$226$127$24
43 years$1,051$636$370$209$115$20
44 years$1,016$606$347$193$104$18
45 years$982$578$326$178$95$15
46 years$950$552$306$164$86$13
47 years$919$526$288$152$78$11
48 years$890$502$270$140$71$10
49 years$862$480$254$130$64$9
50 years$835$458$239$120$59$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $855,000, adding $5,357 every year, while hoping to spend $28,849 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: 31/44/25 Blend
44$855,000$855,000$855,000$855,000
45$947,736$902,421$889,168$969,686
46$1,013,710$915,944$888,260$1,000,460
47$1,085,446$929,164$886,355$1,030,636
48$1,163,502$942,033$883,389$1,062,536
49$1,248,491$954,505$879,294$1,096,332
50$1,341,088$966,526$874,001$1,132,211
51$1,442,035$978,042$867,436$1,170,383
52$1,552,150$988,993$859,522$1,211,080
53$1,672,331$999,316$850,179$1,254,559
54$1,803,570$1,008,944$839,321$1,301,105
55$1,946,956$1,017,804$826,860$1,351,034
56$2,103,689$1,025,820$812,703$1,404,698
57$2,275,091$1,032,910$796,754$1,462,485
58$2,462,615$1,038,988$778,910$1,524,826
59$2,667,864$1,043,960$759,066$1,592,197
60$2,892,602$1,047,730$737,110$1,665,128
61$3,138,770$1,050,191$712,926$1,744,204
62$3,408,507$1,051,233$686,392$1,830,071
63$3,704,170$1,050,739$657,381$1,923,449
64$4,028,352$1,048,582$625,760$2,025,132
65$4,383,911$1,044,629$591,390$2,135,997
66$4,773,994$1,038,740$554,125$2,257,018
67$5,202,067$1,030,764$513,814$2,389,270
68$5,671,949$1,020,543$470,299$2,533,945
69$6,187,847$1,007,908$423,412$2,692,357
70$6,754,393$992,681$372,982$2,865,964
71$7,376,691$974,673$318,827$3,056,374
72$8,060,364$953,682$260,758$3,265,368
73$8,811,606$929,498$198,578$3,494,912
74$9,637,241$901,894$132,082$3,747,182
75$10,544,786$870,634$61,054$4,024,579
76$11,542,524$835,465$0$4,329,759
77$12,639,580$796,121$0$4,669,590
78$13,846,007$752,321$0$5,061,015
79$15,172,881$703,766$0$5,491,378
80$16,632,405$650,141$0$5,964,699
81$18,238,026$591,112$0$6,485,420
82$20,004,556$526,329$0$7,058,438
83$21,948,320$455,418$0$7,689,155
84$24,087,302$377,987$0$8,383,535
85$26,441,317$293,619$0$9,148,155
86$29,032,202$201,876$0$9,990,270
87$31,884,013$102,295$0$10,917,885
88$35,023,261$0$0$11,939,830
89$38,479,155$0$0$13,068,562
90$42,283,881$0$0$14,365,917
91$46,472,904$0$0$15,794,479
92$51,085,305$0$0$17,367,597
93$56,164,143$0$0$19,099,978
94$61,756,868$0$0$21,007,831
95$67,915,768$0$0$23,109,013
96$74,698,455$0$0$25,423,205
97$82,168,418$0$0$27,972,092
98$90,395,615$0$0$30,779,571
99$99,457,136$0$0$33,871,975
100$109,437,928$0$0$37,278,319