Can I retire at age 45 with 857,000?

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 $857,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$70,770$70,140$69,525$68,925$68,338$67,993
2 years$35,035$34,382$33,750$33,137$32,542$32,194
3 years$23,125$22,469$21,838$21,231$20,646$20,305
4 years$17,171$16,517$15,893$15,296$14,725$14,394
5 years$13,599$12,950$12,333$11,749$11,194$10,874
6 years$11,219$10,574$9,967$9,395$8,857$8,549
7 years$9,519$8,880$8,283$7,725$7,203$6,907
8 years$8,245$7,612$7,025$6,480$5,976$5,692
9 years$7,255$6,628$6,050$5,519$5,032$4,760
10 years$6,463$5,842$5,275$4,758$4,288$4,027
11 years$5,816$5,201$4,644$4,141$3,688$3,438
12 years$5,277$4,668$4,121$3,632$3,196$2,958
13 years$4,821$4,218$3,682$3,206$2,787$2,560
14 years$4,430$3,834$3,308$2,846$2,443$2,226
15 years$4,092$3,503$2,987$2,538$2,151$1,945
16 years$3,797$3,214$2,708$2,273$1,901$1,705
17 years$3,536$2,960$2,464$2,042$1,686$1,500
18 years$3,305$2,735$2,250$1,840$1,499$1,322
19 years$3,098$2,535$2,059$1,663$1,336$1,169
20 years$2,913$2,355$1,890$1,506$1,193$1,035
21 years$2,745$2,194$1,738$1,367$1,068$918
22 years$2,592$2,048$1,602$1,243$957$816
23 years$2,453$1,915$1,479$1,132$859$726
24 years$2,326$1,795$1,368$1,032$772$646
25 years$2,209$1,684$1,267$943$695$576
26 years$2,102$1,583$1,175$862$626$514
27 years$2,002$1,490$1,091$789$564$460
28 years$1,910$1,404$1,015$723$509$411
29 years$1,824$1,324$944$663$460$367
30 years$1,744$1,251$879$608$415$329
31 years$1,670$1,182$820$559$376$294
32 years$1,600$1,119$765$514$340$264
33 years$1,535$1,059$714$472$307$236
34 years$1,473$1,004$667$435$278$212
35 years$1,416$952$624$400$252$190
36 years$1,361$904$584$368$228$170
37 years$1,310$858$546$339$207$153
38 years$1,261$816$512$313$188$137
39 years$1,215$776$479$288$170$123
40 years$1,172$738$449$266$154$111
41 years$1,130$703$421$245$140$99
42 years$1,091$669$395$227$127$89
43 years$1,054$638$371$209$115$80
44 years$1,018$608$348$193$105$72
45 years$984$580$327$178$95$65
46 years$952$553$307$165$86$58
47 years$921$528$288$152$78$52
48 years$892$504$271$141$71$47
49 years$864$481$255$130$65$42
50 years$837$459$239$120$59$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $857,000, adding $3,527 every year, while hoping to spend $34,458 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: 66/6/28 Blend
44$857,000$857,000$857,000$857,000
45$948,052$902,631$889,348$1,003,419
46$1,008,090$910,197$882,478$1,048,783
47$1,073,098$916,979$874,223$1,094,194
48$1,143,544$922,901$864,500$1,143,086
49$1,219,948$927,886$853,223$1,195,804
50$1,302,877$931,847$840,300$1,252,731
51$1,392,958$934,694$825,637$1,314,288
52$1,490,878$936,333$809,135$1,380,943
53$1,597,395$936,660$790,688$1,453,208
54$1,713,342$935,569$770,189$1,531,652
55$1,839,635$932,944$747,522$1,616,901
56$1,977,283$928,664$722,570$1,709,647
57$2,127,397$922,600$695,207$1,810,653
58$2,291,198$914,614$665,303$1,920,762
59$2,470,031$904,560$632,721$2,040,903
60$2,665,377$892,286$597,320$2,172,102
61$2,878,865$877,628$558,950$2,315,492
62$3,112,289$860,412$517,455$2,472,322
63$3,367,627$840,456$472,674$2,643,970
64$3,647,052$817,566$424,435$2,831,957
65$3,952,960$791,535$372,563$3,037,961
66$4,287,988$762,147$316,870$3,263,834
67$4,655,043$729,172$257,165$3,511,618
68$5,057,321$692,366$193,244$3,783,566
69$5,498,347$651,471$124,897$4,082,163
70$5,982,001$606,216$51,904$4,410,151
71$6,512,557$556,312$0$4,770,553
72$7,094,722$501,455$0$5,174,472
73$7,733,681$441,323$0$5,634,872
74$8,435,145$375,577$0$6,140,363
75$9,205,407$303,858$0$6,695,499
76$10,051,396$225,785$0$7,305,295
77$10,980,748$140,958$0$7,975,278
78$12,001,874$48,954$0$8,711,538
79$13,124,038$0$0$9,520,787
80$14,357,450$0$0$10,413,764
81$15,713,354$0$0$11,399,036
82$17,204,142$0$0$12,482,383
83$18,843,462$0$0$13,673,731
84$20,646,354$0$0$14,984,019
85$22,629,389$0$0$16,425,297
86$24,810,822$0$0$18,010,841
87$27,210,769$0$0$19,755,281
88$29,851,390$0$0$21,674,735
89$32,757,107$0$0$23,786,963
90$35,954,825$0$0$26,111,531
91$39,474,189$0$0$28,670,003
92$43,347,865$0$0$31,486,133
93$47,611,846$0$0$34,586,101
94$52,305,793$0$0$37,998,749
95$57,473,404$0$0$41,755,861
96$63,162,833$0$0$45,892,457
97$69,427,139$0$0$50,447,127
98$76,324,787$0$0$55,462,393
99$83,920,202$0$0$60,985,110
100$92,284,373$0$0$67,066,910