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%15.8%
1 years$70,935$70,304$69,687$69,085$68,498$66,869
2 years$35,117$34,463$33,829$33,214$32,618$30,987
3 years$23,178$22,522$21,889$21,281$20,694$19,111
4 years$17,211$16,556$15,930$15,331$14,759$13,237
5 years$13,631$12,980$12,362$11,776$11,220$9,762
6 years$11,245$10,599$9,991$9,417$8,878$7,486
7 years$9,542$8,901$8,302$7,743$7,220$5,895
8 years$8,265$7,630$7,041$6,495$5,990$4,730
9 years$7,272$6,643$6,064$5,532$5,044$3,850
10 years$6,478$5,856$5,287$4,769$4,298$3,167
11 years$5,829$5,213$4,655$4,150$3,696$2,628
12 years$5,289$4,679$4,131$3,640$3,203$2,195
13 years$4,832$4,228$3,691$3,214$2,793$1,843
14 years$4,441$3,843$3,316$2,853$2,449$1,554
15 years$4,102$3,511$2,994$2,544$2,156$1,316
16 years$3,806$3,221$2,714$2,278$1,905$1,117
17 years$3,545$2,967$2,470$2,047$1,689$951
18 years$3,313$2,741$2,255$1,845$1,502$811
19 years$3,106$2,541$2,064$1,667$1,339$693
20 years$2,919$2,361$1,894$1,510$1,196$594
21 years$2,751$2,199$1,742$1,370$1,070$509
22 years$2,598$2,053$1,606$1,246$959$436
23 years$2,459$1,920$1,483$1,135$861$375
24 years$2,332$1,799$1,371$1,035$774$322
25 years$2,215$1,688$1,270$945$696$277
26 years$2,107$1,587$1,178$864$627$238
27 years$2,007$1,493$1,094$791$566$205
28 years$1,915$1,407$1,017$725$510$177
29 years$1,829$1,327$946$665$461$152
30 years$1,749$1,254$881$610$416$131
31 years$1,674$1,185$822$560$376$113
32 years$1,604$1,121$767$515$341$98
33 years$1,538$1,062$716$473$308$84
34 years$1,477$1,006$669$436$279$73
35 years$1,419$955$625$401$253$63
36 years$1,364$906$585$369$229$54
37 years$1,313$860$548$340$208$47
38 years$1,264$818$513$314$188$40
39 years$1,218$778$480$289$171$35
40 years$1,174$740$450$267$155$30
41 years$1,133$704$422$246$140$26
42 years$1,094$671$396$227$127$22
43 years$1,056$639$372$210$116$19
44 years$1,021$609$349$194$105$17
45 years$987$581$328$179$95$14
46 years$954$554$308$165$87$12
47 years$923$529$289$153$79$11
48 years$894$505$272$141$71$9
49 years$866$482$255$130$65$8
50 years$839$461$240$120$59$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $859,000, adding $4,881 every year, while hoping to spend $40,109 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: 76/5/19 Blend
44$859,000$859,000$859,000$859,000
45$951,653$906,126$892,811$1,019,437
46$1,006,046$907,850$880,045$1,066,695
47$1,064,642$908,315$865,506$1,113,056
48$1,127,829$907,416$849,094$1,162,826
49$1,196,031$905,042$830,702$1,216,334
50$1,269,714$901,077$810,218$1,273,942
51$1,349,391$895,396$787,526$1,336,050
52$1,435,625$887,866$762,505$1,403,100
53$1,529,035$878,349$735,026$1,475,578
54$1,630,304$866,695$704,956$1,554,021
55$1,740,178$852,746$672,156$1,639,019
56$1,859,483$836,338$636,479$1,731,227
57$1,989,124$817,292$597,775$1,831,363
58$2,130,098$795,422$555,883$1,940,221
59$2,283,500$770,530$510,638$2,058,677
60$2,450,538$742,407$461,865$2,187,696
61$2,632,538$710,830$409,383$2,328,342
62$2,830,962$675,566$353,002$2,481,790
63$3,047,417$636,365$292,524$2,649,334
64$3,283,673$592,966$227,743$2,832,402
65$3,541,677$545,092$158,443$3,032,570
66$3,823,575$492,448$84,397$3,251,573
67$4,131,727$434,725$5,372$3,491,327
68$4,468,732$371,595$0$3,753,943
69$4,837,452$302,713$0$4,057,757
70$5,241,037$227,711$0$4,391,533
71$5,682,959$146,205$0$4,757,065
72$6,167,038$57,786$0$5,157,532
73$6,697,482$0$0$5,596,435
74$7,278,926$0$0$6,079,722
75$7,916,473$0$0$6,613,160
76$8,615,746$0$0$7,198,278
77$9,382,936$0$0$7,840,261
78$10,224,864$0$0$8,544,821
79$11,149,041$0$0$9,318,249
80$12,163,744$0$0$10,167,475
81$13,278,088$0$0$11,100,133
82$14,502,114$0$0$12,124,633
83$15,846,886$0$0$13,250,239
84$17,324,589$0$0$14,487,157
85$18,948,650$0$0$15,846,631
86$20,733,858$0$0$17,341,046
87$22,696,510$0$0$18,984,052
88$24,854,559$0$0$20,790,681
89$27,227,782$0$0$22,777,500
90$29,837,974$0$0$24,962,759
91$32,709,143$0$0$27,366,566
92$35,867,744$0$0$30,011,075
93$39,342,924$0$0$32,920,698
94$43,166,797$0$0$36,122,330
95$47,374,748$0$0$39,645,605
96$52,005,766$0$0$43,523,177
97$57,102,809$0$0$47,791,023
98$62,713,214$0$0$52,488,787
99$68,889,136$0$0$57,660,149
100$75,688,046$0$0$63,353,242