Can I retire at age 45 with 861,000?

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 $861,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$71,101$70,467$69,849$69,246$68,657$66,998
2 years$35,198$34,543$33,907$33,291$32,694$31,032
3 years$23,232$22,574$21,940$21,330$20,742$19,130
4 years$17,251$16,594$15,967$15,367$14,794$13,243
5 years$13,663$13,010$12,391$11,803$11,246$9,761
6 years$11,271$10,624$10,014$9,439$8,898$7,482
7 years$9,564$8,922$8,322$7,761$7,237$5,888
8 years$8,284$7,648$7,057$6,510$6,004$4,722
9 years$7,289$6,659$6,078$5,545$5,056$3,841
10 years$6,493$5,869$5,299$4,780$4,308$3,158
11 years$5,843$5,225$4,665$4,160$3,705$2,618
12 years$5,301$4,690$4,140$3,649$3,211$2,185
13 years$4,843$4,238$3,699$3,221$2,800$1,834
14 years$4,451$3,852$3,324$2,860$2,454$1,546
15 years$4,111$3,519$3,001$2,550$2,161$1,308
16 years$3,815$3,229$2,721$2,284$1,910$1,110
17 years$3,553$2,974$2,476$2,052$1,693$944
18 years$3,321$2,748$2,260$1,849$1,506$805
19 years$3,113$2,547$2,069$1,671$1,342$687
20 years$2,926$2,366$1,899$1,513$1,199$588
21 years$2,758$2,204$1,747$1,373$1,073$503
22 years$2,605$2,058$1,610$1,249$962$431
23 years$2,465$1,924$1,486$1,137$863$370
24 years$2,337$1,803$1,375$1,037$776$318
25 years$2,220$1,692$1,273$947$698$273
26 years$2,112$1,590$1,181$866$629$235
27 years$2,012$1,497$1,096$793$567$202
28 years$1,919$1,410$1,019$726$512$174
29 years$1,833$1,330$949$666$462$150
30 years$1,753$1,256$884$611$417$129
31 years$1,678$1,188$824$561$377$111
32 years$1,608$1,124$769$516$341$96
33 years$1,542$1,064$718$474$309$82
34 years$1,480$1,009$670$437$280$71
35 years$1,422$957$627$402$253$61
36 years$1,367$908$586$370$230$53
37 years$1,316$862$549$341$208$46
38 years$1,267$820$514$314$189$39
39 years$1,221$779$482$290$171$34
40 years$1,177$742$451$267$155$29
41 years$1,136$706$423$247$141$25
42 years$1,096$672$397$228$128$22
43 years$1,059$641$373$210$116$19
44 years$1,023$611$350$194$105$16
45 years$989$582$328$179$96$14
46 years$957$555$308$165$87$12
47 years$926$530$290$153$79$10
48 years$896$506$272$141$72$9
49 years$868$483$256$131$65$8
50 years$841$462$241$121$59$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $861,000, adding $5,512 every year, while hoping to spend $23,762 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: 49/26/25 Blend
44$861,000$861,000$861,000$861,000
45$954,508$908,875$895,529$994,280
46$1,026,585$928,127$900,247$1,041,871
47$1,105,217$947,526$904,326$1,090,733
48$1,191,049$967,054$907,721$1,143,342
49$1,284,788$986,692$910,381$1,200,063
50$1,387,215$1,006,418$912,257$1,261,298
51$1,499,187$1,026,209$913,294$1,327,491
52$1,621,651$1,046,040$913,436$1,399,130
53$1,755,647$1,065,883$912,624$1,476,755
54$1,902,320$1,085,709$910,794$1,560,961
55$2,062,934$1,105,486$907,883$1,652,404
56$2,238,878$1,125,179$903,821$1,751,806
57$2,431,681$1,144,751$898,537$1,859,967
58$2,643,031$1,164,162$891,957$1,977,765
59$2,874,783$1,183,369$884,000$2,106,171
60$3,128,981$1,202,324$874,584$2,246,255
61$3,407,879$1,220,980$863,624$2,399,197
62$3,713,955$1,239,281$851,029$2,566,300
63$4,049,944$1,257,171$836,703$2,748,998
64$4,418,854$1,274,588$820,549$2,948,874
65$4,824,001$1,291,466$802,461$3,167,674
66$5,269,037$1,307,736$782,332$3,407,324
67$5,757,986$1,323,323$760,047$3,669,945
68$6,295,281$1,338,146$735,489$3,957,880
69$6,885,804$1,352,119$708,532$4,273,708
70$7,534,935$1,365,152$679,046$4,620,278
71$8,248,601$1,377,147$646,897$5,000,727
72$9,033,331$1,388,000$611,941$5,418,518
73$9,896,320$1,397,602$574,031$5,877,465
74$10,845,495$1,405,834$533,011$6,381,777
75$11,889,587$1,412,572$488,718$6,936,095
76$13,038,219$1,417,682$440,984$7,545,533
77$14,301,992$1,421,023$389,632$8,215,732
78$15,692,587$1,422,445$334,476$8,952,910
79$17,222,874$1,421,788$275,324$9,763,925
80$18,907,034$1,418,882$211,975$10,656,335
81$20,760,692$1,413,548$144,217$11,638,474
82$22,801,065$1,405,595$71,831$12,719,530
83$25,047,125$1,394,820$0$13,909,634
84$27,519,773$1,381,007$0$15,221,396
85$30,242,043$1,363,930$0$16,686,226
86$33,239,316$1,343,347$0$18,298,579
87$36,539,556$1,319,001$0$20,073,487
88$40,173,581$1,290,622$0$22,027,516
89$44,175,347$1,257,923$0$24,178,922
90$48,582,270$1,220,600$0$26,547,827
91$53,435,583$1,178,330$0$29,156,406
92$58,780,718$1,130,773$0$32,029,099
93$64,667,739$1,077,570$0$35,192,842
94$71,151,816$1,018,338$0$38,677,318
95$78,293,740$952,675$0$42,515,244
96$86,160,499$880,154$0$46,742,676
97$94,825,913$800,325$0$51,399,350
98$104,371,327$712,711$0$56,529,061
99$114,886,377$616,809$0$62,180,074
100$126,469,842$512,087$0$68,405,579