Can I retire at age 45 with 855,000?

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 $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%16.7%
1 years$70,605$69,976$69,363$68,764$68,179$66,316
2 years$34,953$34,302$33,671$33,059$32,466$30,602
3 years$23,071$22,417$21,787$21,182$20,598$18,792
4 years$17,130$16,479$15,856$15,260$14,691$12,957
5 years$13,567$12,920$12,305$11,721$11,168$9,510
6 years$11,193$10,550$9,944$9,374$8,836$7,258
7 years$9,497$8,860$8,264$7,707$7,186$5,686
8 years$8,226$7,594$7,008$6,465$5,962$4,539
9 years$7,238$6,612$6,036$5,507$5,021$3,674
10 years$6,448$5,828$5,262$4,747$4,278$3,005
11 years$5,802$5,189$4,633$4,131$3,679$2,479
12 years$5,264$4,657$4,112$3,624$3,188$2,058
13 years$4,810$4,209$3,673$3,199$2,780$1,718
14 years$4,420$3,826$3,301$2,840$2,437$1,440
15 years$4,083$3,495$2,980$2,533$2,146$1,212
16 years$3,788$3,206$2,702$2,268$1,897$1,022
17 years$3,528$2,953$2,459$2,037$1,682$865
18 years$3,297$2,729$2,244$1,836$1,495$733
19 years$3,091$2,529$2,055$1,659$1,333$622
20 years$2,906$2,350$1,886$1,503$1,190$529
21 years$2,738$2,189$1,734$1,364$1,065$450
22 years$2,586$2,043$1,599$1,240$955$383
23 years$2,448$1,911$1,476$1,129$857$327
24 years$2,321$1,790$1,365$1,030$770$279
25 years$2,204$1,680$1,264$941$693$238
26 years$2,097$1,579$1,173$860$624$203
27 years$1,998$1,486$1,089$787$563$174
28 years$1,906$1,400$1,012$721$508$149
29 years$1,820$1,321$942$661$459$127
30 years$1,740$1,248$877$607$414$109
31 years$1,666$1,179$818$557$375$93
32 years$1,596$1,116$763$512$339$80
33 years$1,531$1,057$713$471$307$68
34 years$1,470$1,002$666$433$278$58
35 years$1,412$950$622$399$252$50
36 years$1,358$902$582$368$228$43
37 years$1,307$856$545$339$207$37
38 years$1,258$814$510$312$187$31
39 years$1,212$774$478$288$170$27
40 years$1,169$736$448$265$154$23
41 years$1,128$701$420$245$140$20
42 years$1,089$668$394$226$127$17
43 years$1,051$636$370$209$115$14
44 years$1,016$606$347$193$104$12
45 years$982$578$326$178$95$11
46 years$950$552$306$164$86$9
47 years$919$526$288$152$78$8
48 years$890$502$270$140$71$7
49 years$862$480$254$130$64$6
50 years$835$458$239$120$59$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $855,000, adding $3,514 every year, while hoping to spend $23,113 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: 45/38/17 Blend
44$855,000$855,000$855,000$855,000
45$945,835$900,520$887,267$983,638
46$1,017,718$920,053$892,399$1,029,955
47$1,096,158$939,769$896,927$1,077,562
48$1,181,801$959,652$900,809$1,128,696
49$1,275,354$979,685$903,996$1,183,693
50$1,377,600$999,849$906,439$1,242,924
51$1,489,398$1,020,125$908,088$1,306,798
52$1,611,695$1,040,489$908,887$1,375,766
53$1,745,534$1,060,918$908,780$1,450,327
54$1,892,061$1,081,386$907,707$1,531,028
55$2,052,541$1,101,864$905,605$1,618,473
56$2,228,366$1,122,321$902,409$1,713,330
57$2,421,069$1,142,724$898,049$1,816,332
58$2,632,338$1,163,038$892,454$1,928,291
59$2,864,032$1,183,223$885,547$2,050,100
60$3,118,200$1,203,237$877,249$2,182,744
61$3,397,097$1,223,037$867,478$2,327,309
62$3,703,209$1,242,573$856,146$2,484,992
63$4,039,271$1,261,794$843,162$2,657,116
64$4,408,299$1,280,644$828,430$2,845,135
65$4,813,614$1,299,065$811,851$3,050,655
66$5,258,875$1,316,991$793,321$3,275,448
67$5,748,112$1,334,356$772,729$3,521,466
68$6,285,766$1,351,085$749,961$3,790,861
69$6,876,727$1,367,102$724,898$4,086,008
70$7,526,386$1,382,322$697,415$4,409,523
71$8,240,679$1,396,658$667,380$4,764,294
72$9,026,149$1,410,014$634,657$5,153,501
73$9,890,001$1,422,290$599,103$5,580,653
74$10,840,176$1,433,377$560,568$6,049,620
75$11,885,423$1,443,162$518,897$6,564,667
76$13,035,381$1,451,522$473,925$7,130,495
77$14,300,671$1,458,327$425,482$7,752,292
78$15,692,994$1,463,440$373,390$8,435,773
79$17,225,244$1,466,713$317,464$9,187,242
80$18,911,628$1,467,991$257,508$10,013,646
81$20,767,800$1,467,108$193,320$10,922,648
82$22,811,007$1,463,888$124,688$11,922,694
83$25,060,256$1,458,145$51,391$13,023,095
84$27,536,487$1,449,679$0$14,234,117
85$30,262,777$1,438,282$0$15,571,944
86$33,264,552$1,423,729$0$17,054,449
87$36,569,829$1,405,785$0$18,686,101
88$40,209,482$1,384,199$0$20,482,109
89$44,217,530$1,358,705$0$22,459,237
90$48,631,459$1,329,023$0$24,635,962
91$53,492,577$1,294,854$0$27,032,650
92$58,846,401$1,255,883$0$29,671,747
93$64,743,089$1,211,776$0$32,577,993
94$71,237,912$1,162,181$0$35,778,654
95$78,391,773$1,106,722$0$39,303,785
96$86,271,788$1,045,005$0$43,186,510
97$94,951,912$976,612$0$47,463,335
98$104,513,641$901,100$0$52,174,499
99$115,046,780$818,002$0$57,364,348
100$126,650,292$726,824$0$63,081,761