Can I retire at age 45 with 859,000?

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 $859,000?

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 years$70,935$70,304$69,687$69,085$68,498$67,087
2 years$35,117$34,463$33,829$33,214$32,618$31,203
3 years$23,178$22,522$21,889$21,281$20,694$19,320
4 years$17,211$16,556$15,930$15,331$14,759$13,435
5 years$13,631$12,980$12,362$11,776$11,220$9,950
6 years$11,245$10,599$9,991$9,417$8,878$7,664
7 years$9,542$8,901$8,302$7,743$7,220$6,062
8 years$8,265$7,630$7,041$6,495$5,990$4,887
9 years$7,272$6,643$6,064$5,532$5,044$3,997
10 years$6,478$5,856$5,287$4,769$4,298$3,304
11 years$5,829$5,213$4,655$4,150$3,696$2,755
12 years$5,289$4,679$4,131$3,640$3,203$2,313
13 years$4,832$4,228$3,691$3,214$2,793$1,953
14 years$4,441$3,843$3,316$2,853$2,449$1,656
15 years$4,102$3,511$2,994$2,544$2,156$1,410
16 years$3,806$3,221$2,714$2,278$1,905$1,204
17 years$3,545$2,967$2,470$2,047$1,689$1,031
18 years$3,313$2,741$2,255$1,845$1,502$885
19 years$3,106$2,541$2,064$1,667$1,339$761
20 years$2,919$2,361$1,894$1,510$1,196$655
21 years$2,751$2,199$1,742$1,370$1,070$565
22 years$2,598$2,053$1,606$1,246$959$487
23 years$2,459$1,920$1,483$1,135$861$421
24 years$2,332$1,799$1,371$1,035$774$364
25 years$2,215$1,688$1,270$945$696$315
26 years$2,107$1,587$1,178$864$627$273
27 years$2,007$1,493$1,094$791$566$237
28 years$1,915$1,407$1,017$725$510$205
29 years$1,829$1,327$946$665$461$178
30 years$1,749$1,254$881$610$416$154
31 years$1,674$1,185$822$560$376$134
32 years$1,604$1,121$767$515$341$116
33 years$1,538$1,062$716$473$308$101
34 years$1,477$1,006$669$436$279$88
35 years$1,419$955$625$401$253$76
36 years$1,364$906$585$369$229$66
37 years$1,313$860$548$340$208$57
38 years$1,264$818$513$314$188$50
39 years$1,218$778$480$289$171$43
40 years$1,174$740$450$267$155$38
41 years$1,133$704$422$246$140$33
42 years$1,094$671$396$227$127$28
43 years$1,056$639$372$210$116$25
44 years$1,021$609$349$194$105$22
45 years$987$581$328$179$95$19
46 years$954$554$308$165$87$16
47 years$923$529$289$153$79$14
48 years$894$505$272$141$71$12
49 years$866$482$255$130$65$11
50 years$839$461$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 $859,000, adding $6,218 every year, while hoping to spend $33,628 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: 70/6/24 Blend
44$859,000$859,000$859,000$859,000
45$953,032$907,505$894,190$1,013,554
46$1,014,461$916,193$888,366$1,063,518
47$1,081,029$924,179$881,219$1,113,692
48$1,153,225$931,394$872,670$1,167,813
49$1,231,585$937,764$862,636$1,226,271
50$1,316,701$943,209$851,029$1,289,494
51$1,409,223$947,644$837,756$1,357,958
52$1,509,865$950,981$822,723$1,432,184
53$1,619,416$953,124$805,829$1,512,748
54$1,738,741$953,971$786,969$1,600,285
55$1,868,793$953,415$766,032$1,695,498
56$2,010,619$951,343$742,904$1,799,159
57$2,165,375$947,631$717,464$1,912,120
58$2,334,331$942,153$689,587$2,035,324
59$2,518,886$934,771$659,141$2,169,807
60$2,720,578$925,341$625,988$2,316,715
61$2,941,103$913,708$589,984$2,477,309
62$3,182,326$899,711$550,980$2,652,981
63$3,446,303$883,177$508,818$2,845,267
64$3,735,297$863,923$463,333$3,055,860
65$4,051,798$841,756$414,356$3,286,627
66$4,398,550$816,471$361,706$3,539,628
67$4,778,575$787,851$305,196$3,817,135
68$5,195,202$755,667$244,632$4,121,650
69$5,652,094$719,677$179,808$4,455,937
70$6,153,289$679,622$110,514$4,823,039
71$6,703,234$635,233$36,525$5,226,316
72$7,306,825$586,221$0$5,669,469
73$7,969,459$532,283$0$6,167,449
74$8,697,077$473,099$0$6,724,577
75$9,496,227$408,328$0$7,336,519
76$10,374,119$337,614$0$8,008,816
77$11,338,699$260,576$0$8,747,570
78$12,398,717$176,816$0$9,559,509
79$13,563,818$85,911$0$10,452,042
80$14,844,622$0$0$11,433,335
81$16,252,832$0$0$12,513,217
82$17,801,343$0$0$13,706,975
83$19,504,360$0$0$15,019,896
84$21,377,535$0$0$16,464,051
85$23,438,110$0$0$18,052,741
86$25,705,086$0$0$19,800,623
87$28,199,397$0$0$21,723,843
88$30,944,107$0$0$23,840,194
89$33,964,632$0$0$26,169,279
90$37,288,974$0$0$28,732,699
91$40,947,987$0$0$31,554,253
92$44,975,669$0$0$34,660,166
93$49,409,480$0$0$38,079,335
94$54,290,698$0$0$41,843,600
95$59,664,806$0$0$45,988,046
96$65,581,922$0$0$50,551,331
97$72,097,270$0$0$55,576,055
98$79,271,701$0$0$61,109,159
99$87,172,271$0$0$67,202,366
100$95,872,867$0$0$73,912,673