Can I retire at age 45 with 859,000?

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 $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%12.2%
1 years$70,935$70,304$69,687$69,085$68,498$67,867
2 years$35,117$34,463$33,829$33,214$32,618$31,983
3 years$23,178$22,522$21,889$21,281$20,694$20,074
4 years$17,211$16,556$15,930$15,331$14,759$14,159
5 years$13,631$12,980$12,362$11,776$11,220$10,641
6 years$11,245$10,599$9,991$9,417$8,878$8,321
7 years$9,542$8,901$8,302$7,743$7,220$6,686
8 years$8,265$7,630$7,041$6,495$5,990$5,478
9 years$7,272$6,643$6,064$5,532$5,044$4,554
10 years$6,478$5,856$5,287$4,769$4,298$3,830
11 years$5,829$5,213$4,655$4,150$3,696$3,250
12 years$5,289$4,679$4,131$3,640$3,203$2,778
13 years$4,832$4,228$3,691$3,214$2,793$2,389
14 years$4,441$3,843$3,316$2,853$2,449$2,064
15 years$4,102$3,511$2,994$2,544$2,156$1,791
16 years$3,806$3,221$2,714$2,278$1,905$1,560
17 years$3,545$2,967$2,470$2,047$1,689$1,362
18 years$3,313$2,741$2,255$1,845$1,502$1,193
19 years$3,106$2,541$2,064$1,667$1,339$1,047
20 years$2,919$2,361$1,894$1,510$1,196$920
21 years$2,751$2,199$1,742$1,370$1,070$810
22 years$2,598$2,053$1,606$1,246$959$715
23 years$2,459$1,920$1,483$1,135$861$631
24 years$2,332$1,799$1,371$1,035$774$558
25 years$2,215$1,688$1,270$945$696$494
26 years$2,107$1,587$1,178$864$627$437
27 years$2,007$1,493$1,094$791$566$387
28 years$1,915$1,407$1,017$725$510$343
29 years$1,829$1,327$946$665$461$305
30 years$1,749$1,254$881$610$416$271
31 years$1,674$1,185$822$560$376$240
32 years$1,604$1,121$767$515$341$213
33 years$1,538$1,062$716$473$308$190
34 years$1,477$1,006$669$436$279$169
35 years$1,419$955$625$401$253$150
36 years$1,364$906$585$369$229$133
37 years$1,313$860$548$340$208$119
38 years$1,264$818$513$314$188$106
39 years$1,218$778$480$289$171$94
40 years$1,174$740$450$267$155$84
41 years$1,133$704$422$246$140$75
42 years$1,094$671$396$227$127$66
43 years$1,056$639$372$210$116$59
44 years$1,021$609$349$194$105$53
45 years$987$581$328$179$95$47
46 years$954$554$308$165$87$42
47 years$923$529$289$153$79$37
48 years$894$505$272$141$71$33
49 years$866$482$255$130$65$30
50 years$839$461$240$120$59$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $859,000, adding $4,767 every year, while hoping to spend $41,580 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: 68/7/25 Blend
44$859,000$859,000$859,000$859,000
45$951,535$906,008$892,694$1,009,821
46$1,004,351$906,162$878,358$1,049,696
47$1,061,160$904,929$862,149$1,088,102
48$1,122,327$902,199$843,959$1,129,154
49$1,188,250$897,852$823,677$1,173,114
50$1,259,367$891,763$801,186$1,220,273
51$1,336,161$883,797$776,364$1,270,949
52$1,419,160$873,814$749,083$1,325,495
53$1,508,946$861,664$719,210$1,384,303
54$1,606,160$847,186$686,604$1,447,804
55$1,711,503$830,213$651,120$1,516,474
56$1,825,749$810,566$612,605$1,590,841
57$1,949,747$788,056$570,899$1,671,486
58$2,084,434$762,482$525,837$1,759,053
59$2,230,836$733,634$477,242$1,854,251
60$2,390,086$701,287$424,934$1,957,866
61$2,563,428$665,203$368,723$2,070,762
62$2,752,231$625,132$308,409$2,193,899
63$2,958,004$580,808$243,786$2,328,330
64$3,182,404$531,952$174,637$2,475,225
65$3,427,258$478,266$100,736$2,635,870
66$3,694,575$419,438$21,847$2,811,688
67$3,986,567$355,135$0$3,004,248
68$4,305,669$285,009$0$3,231,913
69$4,654,562$208,690$0$3,487,267
70$5,036,198$125,787$0$3,766,659
71$5,453,828$35,888$0$4,072,493
72$5,911,030$0$0$4,407,418
73$6,411,746$0$0$4,779,088
74$6,960,314$0$0$5,189,356
75$7,561,516$0$0$5,639,040
76$8,220,615$0$0$6,132,084
77$8,943,408$0$0$6,672,831
78$9,736,281$0$0$7,266,065
79$10,606,268$0$0$7,917,055
80$11,561,115$0$0$8,631,608
81$12,609,356$0$0$9,416,115
82$13,760,392$0$0$10,277,621
83$15,024,577$0$0$11,223,884
84$16,413,318$0$0$12,263,451
85$17,939,183$0$0$13,405,738
86$19,616,015$0$0$14,661,118
87$21,459,065$0$0$16,041,018
88$23,485,136$0$0$17,558,029
89$25,712,739$0$0$19,226,021
90$28,162,270$0$0$21,060,276
91$30,856,198$0$0$23,077,630
92$33,819,280$0$0$25,296,635
93$37,078,793$0$0$27,737,729
94$40,664,789$0$0$30,423,431
95$44,610,382$0$0$33,378,552
96$48,952,055$0$0$36,630,432
97$53,730,008$0$0$40,209,192
98$58,988,536$0$0$44,148,024
99$64,776,442$0$0$48,483,497
100$71,147,503$0$0$53,255,908