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%12.7%
1 years$71,348$70,713$70,093$69,488$68,897$68,120
2 years$35,321$34,663$34,026$33,407$32,808$32,027
3 years$23,313$22,653$22,017$21,404$20,815$20,052
4 years$17,311$16,652$16,023$15,421$14,845$14,108
5 years$13,710$13,055$12,434$11,845$11,285$10,575
6 years$11,311$10,661$10,049$9,472$8,930$8,247
7 years$9,597$8,953$8,350$7,788$7,262$6,608
8 years$8,313$7,674$7,082$6,533$6,025$5,399
9 years$7,314$6,682$6,100$5,565$5,074$4,476
10 years$6,516$5,890$5,318$4,797$4,323$3,752
11 years$5,863$5,243$4,682$4,175$3,718$3,174
12 years$5,320$4,706$4,155$3,662$3,222$2,705
13 years$4,860$4,253$3,712$3,233$2,810$2,318
14 years$4,467$3,866$3,335$2,870$2,463$1,997
15 years$4,126$3,531$3,011$2,559$2,168$1,727
16 years$3,828$3,240$2,730$2,291$1,916$1,499
17 years$3,565$2,984$2,484$2,059$1,699$1,304
18 years$3,332$2,757$2,268$1,855$1,511$1,138
19 years$3,124$2,555$2,076$1,677$1,347$995
20 years$2,936$2,375$1,905$1,518$1,203$872
21 years$2,767$2,212$1,753$1,378$1,076$765
22 years$2,614$2,065$1,615$1,253$965$672
23 years$2,474$1,931$1,491$1,141$866$591
24 years$2,345$1,809$1,379$1,041$779$520
25 years$2,228$1,698$1,278$951$701$459
26 years$2,119$1,596$1,185$869$631$404
27 years$2,019$1,502$1,100$795$569$357
28 years$1,926$1,415$1,023$729$513$315
29 years$1,839$1,335$952$668$464$279
30 years$1,759$1,261$887$613$419$246
31 years$1,684$1,192$827$563$379$218
32 years$1,613$1,128$771$518$343$193
33 years$1,547$1,068$720$476$310$171
34 years$1,485$1,012$673$438$281$151
35 years$1,427$960$629$403$254$134
36 years$1,372$911$588$371$230$119
37 years$1,320$865$551$342$209$105
38 years$1,271$823$516$315$189$93
39 years$1,225$782$483$291$172$82
40 years$1,181$744$453$268$156$73
41 years$1,140$708$425$247$141$65
42 years$1,100$675$398$228$128$57
43 years$1,062$643$374$211$116$51
44 years$1,027$613$351$195$106$45
45 years$992$584$329$180$96$40
46 years$960$557$309$166$87$36
47 years$929$532$291$153$79$31
48 years$899$508$273$142$72$28
49 years$871$485$257$131$65$25
50 years$844$463$241$121$59$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $864,000, adding $3,901 every year, while hoping to spend $30,248 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: 50/43/7 Blend
44$864,000$864,000$864,000$864,000
45$956,152$910,360$896,968$1,002,067
46$1,021,496$922,784$894,833$1,046,216
47$1,092,491$934,803$891,612$1,090,598
48$1,169,682$946,365$887,238$1,138,107
49$1,253,668$957,415$881,639$1,189,043
50$1,345,107$967,894$874,739$1,243,736
51$1,444,726$977,739$866,461$1,302,553
52$1,553,322$986,882$856,721$1,365,898
53$1,671,774$995,252$845,434$1,434,214
54$1,801,048$1,002,773$832,510$1,507,996
55$1,942,209$1,009,363$817,853$1,587,784
56$2,096,428$1,014,935$801,365$1,674,179
57$2,264,995$1,019,399$782,942$1,767,843
58$2,449,330$1,022,655$762,476$1,869,506
59$2,650,997$1,024,599$739,853$1,979,974
60$2,871,716$1,025,122$714,956$2,100,138
61$3,113,383$1,024,105$687,659$2,230,980
62$3,378,086$1,021,425$657,834$2,373,584
63$3,668,124$1,016,947$625,344$2,529,149
64$3,986,028$1,010,533$590,049$2,698,995
65$4,334,587$1,002,033$551,799$2,884,581
66$4,716,871$991,289$510,440$3,087,517
67$5,136,262$978,133$465,811$3,309,580
68$5,596,488$962,388$417,743$3,552,729
69$6,101,650$943,866$366,058$3,819,129
70$6,656,271$922,367$310,573$4,111,167
71$7,265,328$897,681$251,095$4,431,479
72$7,934,308$869,584$187,423$4,782,970
73$8,669,254$837,840$119,348$5,168,850
74$9,476,821$802,198$46,650$5,592,658
75$10,364,345$762,393$0$6,058,299
76$11,339,904$718,146$0$6,572,390
77$12,412,400$669,161$0$7,141,245
78$13,591,638$615,124$0$7,766,636
79$14,888,424$555,704$0$8,454,368
80$16,314,661$490,551$0$9,210,842
81$17,883,464$419,295$0$10,043,118
82$19,609,283$341,547$0$10,958,980
83$21,508,040$256,892$0$11,967,016
84$23,597,276$164,896$0$13,076,695
85$25,896,319$65,097$0$14,298,459
86$28,426,467$0$0$15,643,822
87$31,211,185$0$0$17,145,826
88$34,276,328$0$0$18,833,096
89$37,650,387$0$0$20,690,528
90$41,364,752$0$0$22,735,416
91$45,454,014$0$0$24,986,818
92$49,956,288$0$0$27,465,733
93$54,913,572$0$0$30,195,300
94$60,372,144$0$0$33,201,018
95$66,382,997$0$0$36,510,981
96$73,002,324$0$0$40,156,150
97$80,292,043$0$0$44,170,639
98$88,320,382$0$0$48,592,040
99$97,162,526$0$0$53,461,778
100$106,901,324$0$0$58,825,500