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%11.6%
1 years$71,348$70,713$70,093$69,488$68,897$68,434
2 years$35,321$34,663$34,026$33,407$32,808$32,341
3 years$23,313$22,653$22,017$21,404$20,815$20,358
4 years$17,311$16,652$16,023$15,421$14,845$14,403
5 years$13,710$13,055$12,434$11,845$11,285$10,858
6 years$11,311$10,661$10,049$9,472$8,930$8,518
7 years$9,597$8,953$8,350$7,788$7,262$6,867
8 years$8,313$7,674$7,082$6,533$6,025$5,646
9 years$7,314$6,682$6,100$5,565$5,074$4,711
10 years$6,516$5,890$5,318$4,797$4,323$3,976
11 years$5,863$5,243$4,682$4,175$3,718$3,386
12 years$5,320$4,706$4,155$3,662$3,222$2,905
13 years$4,860$4,253$3,712$3,233$2,810$2,508
14 years$4,467$3,866$3,335$2,870$2,463$2,176
15 years$4,126$3,531$3,011$2,559$2,168$1,896
16 years$3,828$3,240$2,730$2,291$1,916$1,658
17 years$3,565$2,984$2,484$2,059$1,699$1,454
18 years$3,332$2,757$2,268$1,855$1,511$1,278
19 years$3,124$2,555$2,076$1,677$1,347$1,127
20 years$2,936$2,375$1,905$1,518$1,203$995
21 years$2,767$2,212$1,753$1,378$1,076$880
22 years$2,614$2,065$1,615$1,253$965$779
23 years$2,474$1,931$1,491$1,141$866$691
24 years$2,345$1,809$1,379$1,041$779$614
25 years$2,228$1,698$1,278$951$701$546
26 years$2,119$1,596$1,185$869$631$486
27 years$2,019$1,502$1,100$795$569$432
28 years$1,926$1,415$1,023$729$513$385
29 years$1,839$1,335$952$668$464$343
30 years$1,759$1,261$887$613$419$306
31 years$1,684$1,192$827$563$379$273
32 years$1,613$1,128$771$518$343$244
33 years$1,547$1,068$720$476$310$218
34 years$1,485$1,012$673$438$281$195
35 years$1,427$960$629$403$254$174
36 years$1,372$911$588$371$230$156
37 years$1,320$865$551$342$209$139
38 years$1,271$823$516$315$189$125
39 years$1,225$782$483$291$172$111
40 years$1,181$744$453$268$156$100
41 years$1,140$708$425$247$141$89
42 years$1,100$675$398$228$128$80
43 years$1,062$643$374$211$116$71
44 years$1,027$613$351$195$106$64
45 years$992$584$329$180$96$57
46 years$960$557$309$166$87$51
47 years$929$532$291$153$79$46
48 years$899$508$273$142$72$41
49 years$871$485$257$131$65$37
50 years$844$463$241$121$59$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $864,000, adding $2,895 every year, while hoping to spend $39,770 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: 77/14/9 Blend
44$864,000$864,000$864,000$864,000
45$955,114$909,322$895,930$1,027,067
46$1,010,221$911,564$883,629$1,077,017
47$1,069,616$912,583$869,583$1,126,377
48$1,133,693$912,277$853,691$1,179,348
49$1,202,889$910,537$835,848$1,236,274
50$1,277,680$907,249$815,945$1,297,532
51$1,358,590$902,292$793,867$1,363,539
52$1,446,197$895,535$769,492$1,434,755
53$1,541,134$886,841$742,695$1,511,686
54$1,644,099$876,065$713,344$1,594,889
55$1,755,858$863,053$681,302$1,684,981
56$1,877,254$847,641$646,424$1,782,639
57$2,009,215$829,657$608,560$1,888,610
58$2,152,761$808,916$567,553$2,003,720
59$2,309,015$785,225$523,238$2,128,878
60$2,479,212$758,379$475,444$2,265,085
61$2,664,711$728,159$423,992$2,413,447
62$2,867,009$694,336$368,693$2,575,181
63$3,087,752$656,666$309,352$2,751,632
64$3,328,752$614,893$245,765$2,944,281
65$3,592,005$568,743$177,718$3,154,760
66$3,879,707$517,928$104,989$3,384,872
67$4,194,276$462,146$27,345$3,636,601
68$4,538,375$401,073$0$3,912,138
69$4,914,934$334,371$0$4,219,227
70$5,327,183$261,680$0$4,558,348
71$5,778,674$182,622$0$4,929,834
72$6,273,324$96,795$0$5,336,946
73$6,815,443$3,778$0$5,783,281
74$7,409,778$0$0$6,272,802
75$8,061,559$0$0$6,824,801
76$8,776,545$0$0$7,430,999
77$9,561,080$0$0$8,096,196
78$10,422,151$0$0$8,826,322
79$11,367,456$0$0$9,627,906
80$12,405,472$0$0$10,508,142
81$13,545,540$0$0$11,474,956
82$14,797,948$0$0$12,537,077
83$16,174,031$0$0$13,704,122
84$17,686,275$0$0$14,986,685
85$19,348,437$0$0$16,396,440
86$21,175,671$0$0$17,946,244
87$23,184,674$0$0$19,650,266
88$25,393,842$0$0$21,524,113
89$27,823,442$0$0$23,584,983
90$30,495,802$0$0$25,851,822
91$33,435,526$0$0$28,345,505
92$36,669,721$0$0$31,089,033
93$40,228,251$0$0$34,107,748
94$44,144,026$0$0$37,429,572
95$48,453,303$0$0$41,085,272
96$53,196,034$0$0$45,108,746
97$58,416,240$0$0$49,537,347
98$64,162,423$0$0$54,412,232
99$70,488,031$0$0$59,778,751
100$77,451,954$0$0$65,686,873