Can I retire at age 45 with 858,000?

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 $858,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$70,853$70,222$69,606$69,005$68,418$68,015
2 years$35,076$34,422$33,789$33,175$32,580$32,174
3 years$23,151$22,495$21,864$21,256$20,670$20,273
4 years$17,191$16,537$15,911$15,314$14,742$14,357
5 years$13,615$12,965$12,348$11,762$11,207$10,835
6 years$11,232$10,587$9,979$9,406$8,867$8,509
7 years$9,531$8,891$8,293$7,734$7,212$6,867
8 years$8,255$7,621$7,033$6,487$5,983$5,652
9 years$7,264$6,635$6,057$5,526$5,038$4,722
10 years$6,471$5,849$5,281$4,763$4,293$3,990
11 years$5,823$5,207$4,649$4,146$3,692$3,402
12 years$5,283$4,673$4,126$3,636$3,199$2,923
13 years$4,826$4,223$3,686$3,210$2,790$2,526
14 years$4,436$3,839$3,312$2,850$2,446$2,195
15 years$4,097$3,507$2,990$2,541$2,153$1,915
16 years$3,801$3,218$2,711$2,276$1,903$1,676
17 years$3,541$2,963$2,467$2,045$1,687$1,472
18 years$3,309$2,738$2,252$1,843$1,500$1,296
19 years$3,102$2,538$2,062$1,665$1,337$1,144
20 years$2,916$2,358$1,892$1,508$1,195$1,012
21 years$2,748$2,197$1,740$1,369$1,069$896
22 years$2,595$2,050$1,604$1,244$958$795
23 years$2,456$1,918$1,481$1,133$860$706
24 years$2,329$1,797$1,370$1,034$773$628
25 years$2,212$1,686$1,269$944$696$559
26 years$2,104$1,585$1,177$863$627$498
27 years$2,005$1,491$1,093$790$565$444
28 years$1,912$1,405$1,016$724$510$397
29 years$1,826$1,326$945$664$460$354
30 years$1,747$1,252$880$609$416$316
31 years$1,672$1,184$821$559$376$283
32 years$1,602$1,120$766$514$340$253
33 years$1,537$1,061$715$473$308$226
34 years$1,475$1,005$668$435$279$203
35 years$1,417$953$625$400$252$181
36 years$1,363$905$584$369$229$162
37 years$1,311$859$547$340$207$145
38 years$1,263$817$512$313$188$130
39 years$1,217$777$480$289$170$117
40 years$1,173$739$450$266$155$105
41 years$1,132$703$422$246$140$94
42 years$1,092$670$396$227$127$84
43 years$1,055$638$371$209$115$75
44 years$1,019$608$348$193$105$68
45 years$986$580$327$179$95$61
46 years$953$553$307$165$86$54
47 years$922$528$289$152$78$49
48 years$893$504$271$141$71$44
49 years$865$482$255$130$65$39
50 years$838$460$240$120$59$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $858,000, adding $3,147 every year, while hoping to spend $56,545 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: 82/12/6 Blend
44$858,000$858,000$858,000$858,000
45$948,762$903,288$889,989$1,025,936
46$985,372$887,386$859,640$1,060,939
47$1,023,822$868,809$826,380$1,091,456
48$1,064,238$847,367$790,050$1,123,205
49$1,106,761$822,858$750,487$1,156,276
50$1,151,540$795,069$707,518$1,190,769
51$1,198,742$763,772$660,965$1,226,792
52$1,248,546$728,728$610,639$1,264,467
53$1,301,146$689,685$556,344$1,303,926
54$1,356,758$646,374$497,876$1,345,317
55$1,415,612$598,512$435,020$1,388,800
56$1,477,965$545,799$367,554$1,434,554
57$1,544,093$487,919$295,243$1,482,777
58$1,614,301$424,537$217,843$1,533,686
59$1,688,920$355,300$135,102$1,587,520
60$1,768,314$279,834$46,752$1,644,545
61$1,852,881$197,745$0$1,705,054
62$1,943,056$108,615$0$1,772,413
63$2,039,316$12,005$0$1,847,328
64$2,142,184$0$0$1,927,216
65$2,252,232$0$0$2,024,756
66$2,370,088$0$0$2,130,927
67$2,496,442$0$0$2,244,766
68$2,632,050$0$0$2,366,956
69$2,777,740$0$0$2,498,246
70$2,934,422$0$0$2,639,458
71$3,103,097$0$0$2,791,495
72$3,284,862$0$0$2,955,348
73$3,480,922$0$0$3,132,106
74$3,692,602$0$0$3,322,967
75$3,921,356$0$0$3,529,244
76$4,168,786$0$0$3,752,382
77$4,436,647$0$0$3,993,969
78$4,726,874$0$0$4,255,752
79$5,041,592$0$0$4,539,651
80$5,383,136$0$0$4,847,776
81$5,754,078$0$0$5,182,450
82$6,157,245$0$0$5,546,227
83$6,595,747$0$0$5,941,917
84$7,073,006$0$0$6,372,612
85$7,592,787$0$0$6,841,713
86$8,159,232$0$0$7,352,964
87$8,776,903$0$0$7,910,484
88$9,450,817$0$0$8,518,809
89$10,186,498$0$0$9,182,928
90$10,990,028$0$0$9,908,336
91$11,868,099$0$0$10,701,082
92$12,828,082$0$0$11,567,824
93$13,878,090$0$0$12,515,893
94$15,027,058$0$0$13,553,361
95$16,284,823$0$0$14,689,119
96$17,662,217$0$0$15,932,953
97$19,171,171$0$0$17,295,642
98$20,824,821$0$0$18,789,059
99$22,637,636$0$0$20,426,275
100$24,625,552$0$0$22,221,690