Can I retire at age 45 with 858,000?

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 $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%15.1%
1 years$70,853$70,222$69,606$69,005$68,418$66,982
2 years$35,076$34,422$33,789$33,175$32,580$31,140
3 years$23,151$22,495$21,864$21,256$20,670$19,271
4 years$17,191$16,537$15,911$15,314$14,742$13,395
5 years$13,615$12,965$12,348$11,762$11,207$9,915
6 years$11,232$10,587$9,979$9,406$8,867$7,633
7 years$9,531$8,891$8,293$7,734$7,212$6,034
8 years$8,255$7,621$7,033$6,487$5,983$4,862
9 years$7,264$6,635$6,057$5,526$5,038$3,973
10 years$6,471$5,849$5,281$4,763$4,293$3,283
11 years$5,823$5,207$4,649$4,146$3,692$2,736
12 years$5,283$4,673$4,126$3,636$3,199$2,295
13 years$4,826$4,223$3,686$3,210$2,790$1,937
14 years$4,436$3,839$3,312$2,850$2,446$1,641
15 years$4,097$3,507$2,990$2,541$2,153$1,396
16 years$3,801$3,218$2,711$2,276$1,903$1,192
17 years$3,541$2,963$2,467$2,045$1,687$1,019
18 years$3,309$2,738$2,252$1,843$1,500$874
19 years$3,102$2,538$2,062$1,665$1,337$751
20 years$2,916$2,358$1,892$1,508$1,195$646
21 years$2,748$2,197$1,740$1,369$1,069$557
22 years$2,595$2,050$1,604$1,244$958$480
23 years$2,456$1,918$1,481$1,133$860$415
24 years$2,329$1,797$1,370$1,034$773$358
25 years$2,212$1,686$1,269$944$696$310
26 years$2,104$1,585$1,177$863$627$268
27 years$2,005$1,491$1,093$790$565$232
28 years$1,912$1,405$1,016$724$510$201
29 years$1,826$1,326$945$664$460$174
30 years$1,747$1,252$880$609$416$151
31 years$1,672$1,184$821$559$376$131
32 years$1,602$1,120$766$514$340$114
33 years$1,537$1,061$715$473$308$99
34 years$1,475$1,005$668$435$279$86
35 years$1,417$953$625$400$252$74
36 years$1,363$905$584$369$229$64
37 years$1,311$859$547$340$207$56
38 years$1,263$817$512$313$188$49
39 years$1,217$777$480$289$170$42
40 years$1,173$739$450$266$155$37
41 years$1,132$703$422$246$140$32
42 years$1,092$670$396$227$127$28
43 years$1,055$638$371$209$115$24
44 years$1,019$608$348$193$105$21
45 years$986$580$327$179$95$18
46 years$953$553$307$165$86$16
47 years$922$528$289$152$78$14
48 years$893$504$271$141$71$12
49 years$865$482$255$130$65$10
50 years$838$460$240$120$59$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $858,000, adding $2,769 every year, while hoping to spend $28,110 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: 50/33/17 Blend
44$858,000$858,000$858,000$858,000
45$948,372$902,898$889,599$991,199
46$1,015,197$917,231$889,492$1,035,350
47$1,087,897$931,325$888,439$1,080,170
48$1,167,039$945,137$886,379$1,128,268
49$1,253,252$958,624$883,247$1,179,963
50$1,347,225$971,737$878,977$1,235,606
51$1,449,716$984,426$873,497$1,295,586
52$1,561,561$996,637$866,733$1,360,332
53$1,683,679$1,008,312$858,608$1,430,316
54$1,817,083$1,019,388$849,040$1,506,060
55$1,962,887$1,029,799$837,945$1,588,140
56$2,122,318$1,039,475$825,231$1,677,193
57$2,296,725$1,048,340$810,808$1,773,920
58$2,487,597$1,056,315$794,576$1,879,096
59$2,696,571$1,063,314$776,433$1,993,575
60$2,925,450$1,069,245$756,273$2,118,301
61$3,176,221$1,074,013$733,983$2,254,316
62$3,451,070$1,077,514$709,446$2,402,768
63$3,752,406$1,079,639$682,539$2,564,925
64$4,082,882$1,080,272$653,135$2,742,187
65$4,445,421$1,079,290$621,099$2,936,097
66$4,843,240$1,076,561$586,292$3,148,359
67$5,279,884$1,071,947$548,567$3,380,853
68$5,759,260$1,065,299$507,771$3,635,651
69$6,285,667$1,056,462$463,745$3,915,043
70$6,863,846$1,045,270$416,321$4,221,553
71$7,499,016$1,031,545$365,325$4,557,965
72$8,196,927$1,015,102$310,575$4,927,352
73$8,963,915$995,744$251,881$5,333,103
74$9,806,959$973,260$189,044$5,778,956
75$10,733,749$947,430$121,856$6,269,034
76$11,752,755$918,018$50,102$6,807,887
77$12,873,311$884,776$0$7,400,531
78$14,105,700$847,441$0$8,057,302
79$15,461,250$805,734$0$8,789,511
80$16,952,445$759,363$0$9,594,838
81$18,593,038$708,015$0$10,480,751
82$20,398,181$651,361$0$11,455,486
83$22,384,572$589,054$0$12,528,123
84$24,570,606$520,725$0$13,708,669
85$26,976,555$445,988$0$15,008,160
86$29,624,752$364,429$0$16,438,759
87$32,539,808$275,618$0$18,013,876
88$35,748,839$179,094$0$19,748,293
89$39,281,726$74,375$0$21,658,307
90$43,171,392$0$0$23,761,880
91$47,454,116$0$0$26,092,998
92$52,169,875$0$0$28,689,673
93$57,362,717$0$0$31,549,167
94$63,081,181$0$0$34,698,224
95$69,378,754$0$0$38,166,312
96$76,314,374$0$0$41,985,905
97$83,952,984$0$0$46,192,785
98$92,366,151$0$0$50,826,383
99$101,632,735$0$0$55,930,148
100$111,839,636$0$0$61,551,962