Can I retire at age 45 with 864,000?

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 $864,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$71,348$70,713$70,093$69,488$68,897$66,320
2 years$35,321$34,663$34,026$33,407$32,808$30,242
3 years$23,313$22,653$22,017$21,404$20,815$18,340
4 years$17,311$16,652$16,023$15,421$14,845$12,480
5 years$13,710$13,055$12,434$11,845$11,285$9,036
6 years$11,311$10,661$10,049$9,472$8,930$6,798
7 years$9,597$8,953$8,350$7,788$7,262$5,247
8 years$8,313$7,674$7,082$6,533$6,025$4,125
9 years$7,314$6,682$6,100$5,565$5,074$3,286
10 years$6,516$5,890$5,318$4,797$4,323$2,645
11 years$5,863$5,243$4,682$4,175$3,718$2,145
12 years$5,320$4,706$4,155$3,662$3,222$1,751
13 years$4,860$4,253$3,712$3,233$2,810$1,436
14 years$4,467$3,866$3,335$2,870$2,463$1,182
15 years$4,126$3,531$3,011$2,559$2,168$976
16 years$3,828$3,240$2,730$2,291$1,916$808
17 years$3,565$2,984$2,484$2,059$1,699$671
18 years$3,332$2,757$2,268$1,855$1,511$557
19 years$3,124$2,555$2,076$1,677$1,347$464
20 years$2,936$2,375$1,905$1,518$1,203$387
21 years$2,767$2,212$1,753$1,378$1,076$323
22 years$2,614$2,065$1,615$1,253$965$269
23 years$2,474$1,931$1,491$1,141$866$225
24 years$2,345$1,809$1,379$1,041$779$188
25 years$2,228$1,698$1,278$951$701$157
26 years$2,119$1,596$1,185$869$631$132
27 years$2,019$1,502$1,100$795$569$110
28 years$1,926$1,415$1,023$729$513$92
29 years$1,839$1,335$952$668$464$77
30 years$1,759$1,261$887$613$419$65
31 years$1,684$1,192$827$563$379$54
32 years$1,613$1,128$771$518$343$45
33 years$1,547$1,068$720$476$310$38
34 years$1,485$1,012$673$438$281$32
35 years$1,427$960$629$403$254$27
36 years$1,372$911$588$371$230$22
37 years$1,320$865$551$342$209$19
38 years$1,271$823$516$315$189$16
39 years$1,225$782$483$291$172$13
40 years$1,181$744$453$268$156$11
41 years$1,140$708$425$247$141$9
42 years$1,100$675$398$228$128$8
43 years$1,062$643$374$211$116$6
44 years$1,027$613$351$195$106$5
45 years$992$584$329$180$96$5
46 years$960$557$309$166$87$4
47 years$929$532$291$153$79$3
48 years$899$508$273$142$72$3
49 years$871$485$257$131$65$2
50 years$844$463$241$121$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $864,000, adding $2,950 every year, while hoping to spend $31,762 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: 68/27/5 Blend
44$864,000$864,000$864,000$864,000
45$955,171$909,379$895,987$1,019,374
46$1,018,804$920,144$892,208$1,073,016
47$1,087,863$930,372$887,238$1,127,496
48$1,162,868$940,003$881,003$1,186,199
49$1,244,390$948,973$873,427$1,249,534
50$1,333,060$957,215$864,429$1,317,947
51$1,429,569$964,655$853,924$1,391,933
52$1,534,679$971,217$841,824$1,472,036
53$1,649,227$976,818$828,037$1,558,856
54$1,774,138$981,371$812,465$1,653,055
55$1,910,424$984,783$795,007$1,755,362
56$2,059,205$986,955$775,557$1,866,581
57$2,221,709$987,781$754,003$1,987,598
58$2,399,292$987,150$730,231$2,119,390
59$2,593,443$984,945$704,117$2,263,035
60$2,805,805$981,038$675,536$2,419,722
61$3,038,184$975,296$644,354$2,590,758
62$3,292,571$967,577$610,432$2,777,590
63$3,571,157$957,732$573,625$2,981,808
64$3,876,356$945,601$533,782$3,205,168
65$4,210,824$931,016$490,743$3,449,607
66$4,577,488$913,796$444,344$3,717,258
67$4,979,573$893,753$394,410$4,010,474
68$5,420,629$870,687$340,763$4,331,850
69$5,904,567$844,384$283,212$4,684,248
70$6,435,694$814,620$221,560$5,070,820
71$7,018,755$781,156$155,603$5,495,045
72$7,658,976$743,741$85,124$5,960,757
73$8,362,116$702,109$9,900$6,472,184
74$9,134,517$655,977$0$7,033,988
75$9,983,166$605,049$0$7,655,060
76$10,915,760$549,007$0$8,338,122
77$11,940,780$487,521$0$9,088,904
78$13,067,568$420,237$0$9,914,307
79$14,306,415$346,785$0$10,821,940
80$15,668,663$266,771$0$11,820,189
81$17,166,805$179,781$0$12,918,297
82$18,814,605$85,376$0$14,126,457
83$20,627,230$0$0$15,455,902
84$22,621,388$0$0$16,924,038
85$24,815,492$0$0$18,567,345
86$27,229,825$0$0$20,375,655
87$29,886,740$0$0$22,365,719
88$32,810,864$0$0$24,555,989
89$36,029,332$0$0$26,966,798
90$39,572,045$0$0$29,620,553
91$43,471,947$0$0$32,541,939
92$47,765,341$0$0$35,758,160
93$52,492,228$0$0$39,299,189
94$57,696,684$0$0$43,198,054
95$63,427,278$0$0$47,491,149
96$69,737,527$0$0$52,218,578
97$76,686,402$0$0$57,424,529
98$84,338,885$0$0$63,157,696
99$92,766,581$0$0$69,471,735
100$102,048,393$0$0$76,425,774