Can I retire at age 45 with 860,000?

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 $860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$71,018$70,385$69,768$69,166$68,578$66,066
2 years$35,157$34,503$33,868$33,253$32,656$30,153
3 years$23,205$22,548$21,915$21,305$20,718$18,303
4 years$17,231$16,575$15,948$15,349$14,776$12,468
5 years$13,647$12,995$12,377$11,790$11,233$9,036
6 years$11,258$10,611$10,002$9,428$8,888$6,806
7 years$9,553$8,911$8,312$7,752$7,228$5,259
8 years$8,274$7,639$7,049$6,503$5,997$4,139
9 years$7,280$6,651$6,071$5,539$5,050$3,302
10 years$6,486$5,862$5,293$4,774$4,303$2,661
11 years$5,836$5,219$4,660$4,155$3,701$2,161
12 years$5,295$4,684$4,136$3,645$3,207$1,766
13 years$4,838$4,233$3,695$3,218$2,796$1,450
14 years$4,446$3,848$3,320$2,856$2,451$1,196
15 years$4,107$3,515$2,997$2,547$2,158$989
16 years$3,810$3,225$2,718$2,281$1,908$820
17 years$3,549$2,970$2,473$2,049$1,691$681
18 years$3,317$2,745$2,257$1,847$1,504$567
19 years$3,109$2,544$2,067$1,669$1,340$473
20 years$2,923$2,364$1,897$1,511$1,197$395
21 years$2,754$2,202$1,745$1,372$1,071$330
22 years$2,601$2,055$1,608$1,247$960$276
23 years$2,462$1,922$1,485$1,136$862$231
24 years$2,334$1,801$1,373$1,036$775$193
25 years$2,217$1,690$1,272$946$697$162
26 years$2,109$1,588$1,179$865$628$136
27 years$2,009$1,495$1,095$792$566$114
28 years$1,917$1,409$1,018$725$511$95
29 years$1,831$1,329$947$665$461$80
30 years$1,751$1,255$882$611$417$67
31 years$1,676$1,186$823$561$377$56
32 years$1,606$1,123$768$515$341$47
33 years$1,540$1,063$717$474$309$40
34 years$1,479$1,008$670$436$279$33
35 years$1,421$956$626$401$253$28
36 years$1,366$907$586$370$229$23
37 years$1,314$861$548$341$208$20
38 years$1,266$819$513$314$188$16
39 years$1,219$779$481$289$171$14
40 years$1,176$741$451$267$155$12
41 years$1,134$705$423$246$141$10
42 years$1,095$671$397$227$128$8
43 years$1,057$640$372$210$116$7
44 years$1,022$610$349$194$105$6
45 years$988$582$328$179$95$5
46 years$955$555$308$165$87$4
47 years$925$529$289$153$79$3
48 years$895$505$272$141$71$3
49 years$867$483$256$130$65$2
50 years$840$461$240$121$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $860,000, adding $6,909 every year, while hoping to spend $37,637 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: 31/46/23 Blend
44$860,000$860,000$860,000$860,000
45$954,847$909,267$895,937$977,480
46$1,012,196$913,775$885,905$999,781
47$1,074,133$917,243$874,276$1,019,927
48$1,141,086$919,580$860,956$1,040,842
49$1,213,527$920,689$845,848$1,062,616
50$1,291,972$920,468$828,849$1,085,352
51$1,376,990$918,809$809,853$1,109,168
52$1,469,207$915,595$788,747$1,134,195
53$1,569,311$910,704$765,415$1,160,580
54$1,678,058$904,006$739,734$1,188,491
55$1,796,281$895,363$711,576$1,218,114
56$1,924,895$884,629$680,807$1,249,661
57$2,064,908$871,649$647,287$1,283,367
58$2,217,427$856,259$610,870$1,319,498
59$2,383,674$838,284$571,403$1,358,349
60$2,564,989$817,541$528,726$1,400,253
61$2,762,852$793,834$482,672$1,445,581
62$2,978,888$766,957$433,067$1,494,746
63$3,214,887$736,691$379,727$1,548,213
64$3,472,822$702,804$322,464$1,606,497
65$3,754,861$665,053$261,078$1,670,176
66$4,063,394$623,178$195,362$1,739,890
67$4,401,052$576,906$125,098$1,816,356
68$4,770,732$525,946$50,061$1,900,369
69$5,175,623$469,995$0$1,992,816
70$5,619,239$408,727$0$2,102,049
71$6,105,449$341,801$0$2,235,386
72$6,638,512$268,858$0$2,381,812
73$7,223,123$189,514$0$2,542,744
74$7,864,451$103,369$0$2,719,753
75$8,568,187$9,997$0$2,914,578
76$9,340,603$0$0$3,129,146
77$10,188,608$0$0$3,411,676
78$11,119,810$0$0$3,727,621
79$12,142,591$0$0$4,074,783
80$13,266,186$0$0$4,456,314
81$14,500,767$0$0$4,875,687
82$15,857,539$0$0$5,336,729
83$17,348,850$0$0$5,843,654
84$18,988,301$0$0$6,401,107
85$20,790,877$0$0$7,014,204
86$22,773,086$0$0$7,688,583
87$24,953,120$0$0$8,430,454
88$27,351,019$0$0$9,246,663
89$29,988,862$0$0$10,144,747
90$32,890,979$0$0$11,133,017
91$36,084,174$0$0$12,220,626
92$39,597,982$0$0$13,417,660
93$43,464,945$0$0$14,735,233
94$47,720,919$0$0$16,185,591
95$52,405,413$0$0$17,782,227
96$57,561,959$0$0$19,540,011
97$63,238,526$0$0$21,475,324
98$69,487,968$0$0$23,606,219
99$76,368,525$0$0$25,952,589
100$83,944,372$0$0$28,536,352