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%17.1%
1 years$70,770$70,140$69,525$68,925$68,338$66,364
2 years$35,035$34,382$33,750$33,137$32,542$30,568
3 years$23,125$22,469$21,838$21,231$20,646$18,735
4 years$17,171$16,517$15,893$15,296$14,725$12,891
5 years$13,599$12,950$12,333$11,749$11,194$9,442
6 years$11,219$10,574$9,967$9,395$8,857$7,190
7 years$9,519$8,880$8,283$7,725$7,203$5,620
8 years$8,245$7,612$7,025$6,480$5,976$4,476
9 years$7,255$6,628$6,050$5,519$5,032$3,614
10 years$6,463$5,842$5,275$4,758$4,288$2,949
11 years$5,816$5,201$4,644$4,141$3,688$2,426
12 years$5,277$4,668$4,121$3,632$3,196$2,009
13 years$4,821$4,218$3,682$3,206$2,787$1,673
14 years$4,430$3,834$3,308$2,846$2,443$1,398
15 years$4,092$3,503$2,987$2,538$2,151$1,173
16 years$3,797$3,214$2,708$2,273$1,901$987
17 years$3,536$2,960$2,464$2,042$1,686$832
18 years$3,305$2,735$2,250$1,840$1,499$703
19 years$3,098$2,535$2,059$1,663$1,336$595
20 years$2,913$2,355$1,890$1,506$1,193$504
21 years$2,745$2,194$1,738$1,367$1,068$428
22 years$2,592$2,048$1,602$1,243$957$363
23 years$2,453$1,915$1,479$1,132$859$309
24 years$2,326$1,795$1,368$1,032$772$263
25 years$2,209$1,684$1,267$943$695$224
26 years$2,102$1,583$1,175$862$626$190
27 years$2,002$1,490$1,091$789$564$162
28 years$1,910$1,404$1,015$723$509$138
29 years$1,824$1,324$944$663$460$118
30 years$1,744$1,251$879$608$415$100
31 years$1,670$1,182$820$559$376$86
32 years$1,600$1,119$765$514$340$73
33 years$1,535$1,059$714$472$307$62
34 years$1,473$1,004$667$435$278$53
35 years$1,416$952$624$400$252$45
36 years$1,361$904$584$368$228$39
37 years$1,310$858$546$339$207$33
38 years$1,261$816$512$313$188$28
39 years$1,215$776$479$288$170$24
40 years$1,172$738$449$266$154$21
41 years$1,130$703$421$245$140$18
42 years$1,091$669$395$227$127$15
43 years$1,054$638$371$209$115$13
44 years$1,018$608$348$193$105$11
45 years$984$580$327$178$95$9
46 years$952$553$307$165$86$8
47 years$921$528$288$152$78$7
48 years$892$504$271$141$71$6
49 years$864$481$255$130$65$5
50 years$837$459$239$120$59$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $857,000, adding $4,437 every year, while hoping to spend $33,203 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: 54/36/10 Blend
44$857,000$857,000$857,000$857,000
45$948,991$903,570$890,286$997,612
46$1,010,460$912,517$884,783$1,040,037
47$1,077,086$920,790$877,983$1,082,191
48$1,149,361$928,320$869,807$1,127,286
49$1,227,823$935,035$860,173$1,175,608
50$1,313,067$940,858$848,995$1,227,472
51$1,405,747$945,707$836,183$1,283,226
52$1,506,580$949,493$821,642$1,343,256
53$1,616,357$952,125$805,273$1,407,986
54$1,735,950$953,503$786,974$1,477,887
55$1,866,314$953,522$766,635$1,553,479
56$2,008,505$952,071$744,144$1,635,333
57$2,163,681$949,032$719,381$1,724,084
58$2,333,120$944,278$692,224$1,820,431
59$2,518,228$937,677$662,543$1,925,147
60$2,720,551$929,087$630,202$2,039,086
61$2,941,793$918,358$595,060$2,163,189
62$3,183,830$905,331$556,968$2,298,499
63$3,448,726$889,838$515,773$2,446,165
64$3,738,757$871,701$471,312$2,607,455
65$4,056,426$850,730$423,417$2,783,772
66$4,404,491$826,726$371,911$2,976,664
67$4,785,990$799,476$316,610$3,187,837
68$5,204,267$768,757$257,323$3,419,180
69$5,663,007$734,330$193,848$3,672,773
70$6,166,267$695,946$125,975$3,950,916
71$6,718,518$653,338$53,486$4,256,145
72$7,324,681$606,226$0$4,591,261
73$7,990,181$554,314$0$4,961,901
74$8,720,990$497,286$0$5,375,185
75$9,523,690$434,813$0$5,829,191
76$10,405,531$366,542$0$6,328,100
77$11,374,497$292,105$0$6,876,525
78$12,439,387$211,110$0$7,479,554
79$13,609,894$123,143$0$8,142,798
80$14,896,696$27,770$0$8,872,446
81$16,311,557$0$0$9,675,327
82$17,867,439$0$0$10,588,866
83$19,578,622$0$0$11,605,781
84$21,460,841$0$0$12,724,432
85$23,531,429$0$0$13,955,133
86$25,809,487$0$0$15,309,250
87$28,316,059$0$0$16,799,303
88$31,074,333$0$0$18,439,089
89$34,109,857$0$0$20,243,811
90$37,450,782$0$0$22,230,219
91$41,128,125$0$0$24,416,768
92$45,176,064$0$0$26,823,796
93$49,632,258$0$0$29,473,712
94$54,538,204$0$0$32,391,206
95$59,939,624$0$0$35,603,487
96$65,886,903$0$0$39,140,534
97$72,435,558$0$0$43,035,383
98$79,646,764$0$0$47,324,436
99$87,587,930$0$0$52,047,805
100$96,333,337$0$0$57,249,690