Can I retire at age 45 with 864,000?

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 $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%11.5%
1 years$71,348$70,713$70,093$69,488$68,897$68,462
2 years$35,321$34,663$34,026$33,407$32,808$32,370
3 years$23,313$22,653$22,017$21,404$20,815$20,386
4 years$17,311$16,652$16,023$15,421$14,845$14,430
5 years$13,710$13,055$12,434$11,845$11,285$10,884
6 years$11,311$10,661$10,049$9,472$8,930$8,544
7 years$9,597$8,953$8,350$7,788$7,262$6,891
8 years$8,313$7,674$7,082$6,533$6,025$5,669
9 years$7,314$6,682$6,100$5,565$5,074$4,733
10 years$6,516$5,890$5,318$4,797$4,323$3,997
11 years$5,863$5,243$4,682$4,175$3,718$3,406
12 years$5,320$4,706$4,155$3,662$3,222$2,924
13 years$4,860$4,253$3,712$3,233$2,810$2,526
14 years$4,467$3,866$3,335$2,870$2,463$2,193
15 years$4,126$3,531$3,011$2,559$2,168$1,912
16 years$3,828$3,240$2,730$2,291$1,916$1,673
17 years$3,565$2,984$2,484$2,059$1,699$1,468
18 years$3,332$2,757$2,268$1,855$1,511$1,292
19 years$3,124$2,555$2,076$1,677$1,347$1,139
20 years$2,936$2,375$1,905$1,518$1,203$1,007
21 years$2,767$2,212$1,753$1,378$1,076$891
22 years$2,614$2,065$1,615$1,253$965$790
23 years$2,474$1,931$1,491$1,141$866$701
24 years$2,345$1,809$1,379$1,041$779$623
25 years$2,228$1,698$1,278$951$701$554
26 years$2,119$1,596$1,185$869$631$494
27 years$2,019$1,502$1,100$795$569$440
28 years$1,926$1,415$1,023$729$513$392
29 years$1,839$1,335$952$668$464$350
30 years$1,759$1,261$887$613$419$312
31 years$1,684$1,192$827$563$379$279
32 years$1,613$1,128$771$518$343$249
33 years$1,547$1,068$720$476$310$223
34 years$1,485$1,012$673$438$281$199
35 years$1,427$960$629$403$254$178
36 years$1,372$911$588$371$230$160
37 years$1,320$865$551$342$209$143
38 years$1,271$823$516$315$189$128
39 years$1,225$782$483$291$172$114
40 years$1,181$744$453$268$156$103
41 years$1,140$708$425$247$141$92
42 years$1,100$675$398$228$128$82
43 years$1,062$643$374$211$116$74
44 years$1,027$613$351$195$106$66
45 years$992$584$329$180$96$59
46 years$960$557$309$166$87$53
47 years$929$532$291$153$79$48
48 years$899$508$273$142$72$43
49 years$871$485$257$131$65$38
50 years$844$463$241$121$59$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $864,000, adding $6,057 every year, while hoping to spend $40,102 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: 61/24/15 Blend
44$864,000$864,000$864,000$864,000
45$958,376$912,584$899,192$1,012,895
46$1,013,462$914,632$886,647$1,052,361
47$1,072,823$915,437$872,337$1,090,355
48$1,136,852$914,895$856,162$1,130,862
49$1,205,982$912,896$838,014$1,174,129
50$1,280,689$909,324$817,784$1,220,429
51$1,361,493$904,055$795,354$1,270,064
52$1,448,971$896,959$770,604$1,323,369
53$1,543,752$887,896$743,405$1,380,713
54$1,646,531$876,720$713,625$1,442,504
55$1,758,071$863,272$681,126$1,509,196
56$1,879,211$847,390$645,760$1,581,288
57$2,010,875$828,896$607,377$1,659,333
58$2,154,078$807,605$565,818$1,743,944
59$2,309,937$783,322$520,917$1,835,795
60$2,479,683$755,837$472,499$1,935,635
61$2,664,668$724,930$420,385$2,044,289
62$2,866,381$690,369$364,385$2,162,672
63$3,086,461$651,906$304,302$2,291,791
64$3,326,713$609,282$239,928$2,432,762
65$3,589,121$562,220$171,049$2,586,817
66$3,875,872$510,429$97,440$2,755,318
67$4,189,372$453,602$18,866$2,939,769
68$4,532,271$391,412$0$3,141,830
69$4,907,487$323,515$0$3,373,740
70$5,318,232$249,549$0$3,631,021
71$5,768,044$169,129$0$3,912,931
72$6,260,818$81,850$0$4,221,989
73$6,800,845$0$0$4,560,969
74$7,392,850$0$0$4,936,292
75$8,042,036$0$0$5,371,638
76$8,754,135$0$0$5,849,242
77$9,535,460$0$0$6,373,348
78$10,392,965$0$0$6,948,628
79$11,334,310$0$0$7,580,230
80$12,367,931$0$0$8,273,825
81$13,503,124$0$0$9,035,660
82$14,750,127$0$0$9,872,615
83$16,120,219$0$0$10,792,273
84$17,625,827$0$0$11,802,985
85$19,280,638$0$0$12,913,951
86$21,099,736$0$0$14,135,308
87$23,099,734$0$0$15,478,223
88$25,298,938$0$0$16,955,001
89$27,717,517$0$0$18,579,198
90$30,377,691$0$0$20,365,748
91$33,303,941$0$0$22,331,107
92$36,523,242$0$0$24,493,407
93$40,065,315$0$0$26,872,624
94$43,962,905$0$0$29,490,770
95$48,252,093$0$0$32,372,096
96$52,972,635$0$0$35,543,325
97$58,168,336$0$0$39,033,902
98$63,887,461$0$0$42,876,270
99$70,183,195$0$0$47,106,178
100$77,114,139$0$0$51,763,017