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%13.1%
1 years$70,935$70,304$69,687$69,085$68,498$67,614
2 years$35,117$34,463$33,829$33,214$32,618$31,729
3 years$23,178$22,522$21,889$21,281$20,694$19,827
4 years$17,211$16,556$15,930$15,331$14,759$13,921
5 years$13,631$12,980$12,362$11,776$11,220$10,413
6 years$11,245$10,599$9,991$9,417$8,878$8,104
7 years$9,542$8,901$8,302$7,743$7,220$6,478
8 years$8,265$7,630$7,041$6,495$5,990$5,281
9 years$7,272$6,643$6,064$5,532$5,044$4,367
10 years$6,478$5,856$5,287$4,769$4,298$3,653
11 years$5,829$5,213$4,655$4,150$3,696$3,083
12 years$5,289$4,679$4,131$3,640$3,203$2,620
13 years$4,832$4,228$3,691$3,214$2,793$2,240
14 years$4,441$3,843$3,316$2,853$2,449$1,924
15 years$4,102$3,511$2,994$2,544$2,156$1,659
16 years$3,806$3,221$2,714$2,278$1,905$1,436
17 years$3,545$2,967$2,470$2,047$1,689$1,246
18 years$3,313$2,741$2,255$1,845$1,502$1,084
19 years$3,106$2,541$2,064$1,667$1,339$945
20 years$2,919$2,361$1,894$1,510$1,196$826
21 years$2,751$2,199$1,742$1,370$1,070$722
22 years$2,598$2,053$1,606$1,246$959$633
23 years$2,459$1,920$1,483$1,135$861$555
24 years$2,332$1,799$1,371$1,035$774$487
25 years$2,215$1,688$1,270$945$696$428
26 years$2,107$1,587$1,178$864$627$376
27 years$2,007$1,493$1,094$791$566$331
28 years$1,915$1,407$1,017$725$510$291
29 years$1,829$1,327$946$665$461$257
30 years$1,749$1,254$881$610$416$226
31 years$1,674$1,185$822$560$376$199
32 years$1,604$1,121$767$515$341$176
33 years$1,538$1,062$716$473$308$155
34 years$1,477$1,006$669$436$279$137
35 years$1,419$955$625$401$253$121
36 years$1,364$906$585$369$229$107
37 years$1,313$860$548$340$208$94
38 years$1,264$818$513$314$188$83
39 years$1,218$778$480$289$171$73
40 years$1,174$740$450$267$155$65
41 years$1,133$704$422$246$140$57
42 years$1,094$671$396$227$127$51
43 years$1,056$639$372$210$116$45
44 years$1,021$609$349$194$105$40
45 years$987$581$328$179$95$35
46 years$954$554$308$165$87$31
47 years$923$529$289$153$79$27
48 years$894$505$272$141$71$24
49 years$866$482$255$130$65$21
50 years$839$461$240$120$59$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $859,000, adding $5,710 every year, while hoping to spend $52,911 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: 71/9/20 Blend
44$859,000$859,000$859,000$859,000
45$952,508$906,981$893,666$1,015,118
46$993,367$895,126$867,307$1,045,714
47$1,036,620$880,917$838,292$1,072,365
48$1,082,456$864,182$806,475$1,100,224
49$1,131,080$844,741$771,706$1,129,404
50$1,182,717$822,401$733,825$1,160,030
51$1,237,615$796,958$692,668$1,192,241
52$1,296,040$768,198$648,062$1,226,192
53$1,358,289$735,893$599,825$1,262,055
54$1,424,685$699,802$547,769$1,300,020
55$1,495,579$659,669$491,696$1,340,301
56$1,571,361$615,225$431,400$1,383,131
57$1,652,454$566,186$366,667$1,428,771
58$1,739,325$512,249$297,270$1,477,512
59$1,832,483$453,096$222,976$1,529,675
60$1,932,490$388,391$143,539$1,585,615
61$2,039,959$317,778$58,703$1,645,728
62$2,155,567$240,881$0$1,710,451
63$2,280,054$157,303$0$1,787,063
64$2,414,234$66,626$0$1,883,117
65$2,559,001$0$0$1,986,731
66$2,715,338$0$0$2,101,758
67$2,884,324$0$0$2,233,259
68$3,067,145$0$0$2,375,561
69$3,265,105$0$0$2,529,686
70$3,479,638$0$0$2,696,753
71$3,712,321$0$0$2,877,997
72$3,964,886$0$0$3,074,771
73$4,239,241$0$0$3,288,568
74$4,537,484$0$0$3,521,028
75$4,861,922$0$0$3,773,955
76$5,215,092$0$0$4,049,334
77$5,599,790$0$0$4,349,351
78$6,019,089$0$0$4,676,410
79$6,476,372$0$0$5,033,156
80$6,975,363$0$0$5,422,503
81$7,520,161$0$0$5,847,656
82$8,115,277$0$0$6,312,145
83$8,765,680$0$0$6,819,854
84$9,476,836$0$0$7,375,062
85$10,254,768$0$0$7,982,477
86$11,106,105$0$0$8,647,287
87$12,038,146$0$0$9,375,200
88$13,058,931$0$0$10,172,507
89$14,177,313$0$0$11,046,132
90$15,403,040$0$0$12,003,701
91$16,746,850$0$0$13,053,614
92$18,220,568$0$0$14,205,123
93$19,837,220$0$0$15,468,417
94$21,611,153$0$0$16,854,720
95$23,558,169$0$0$18,376,394
96$25,695,674$0$0$20,047,058
97$28,042,845$0$0$21,881,712
98$30,620,802$0$0$23,896,880
99$33,452,815$0$0$26,110,768
100$36,564,517$0$0$28,543,430