Can I retire at age 45 with 867,000?

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 $867,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$71,596$70,958$70,336$69,729$69,136$68,103
2 years$35,444$34,783$34,144$33,523$32,922$31,883
3 years$23,394$22,731$22,093$21,479$20,887$19,875
4 years$17,371$16,710$16,078$15,474$14,897$13,920
5 years$13,758$13,101$12,477$11,886$11,324$10,385
6 years$11,350$10,698$10,084$9,505$8,961$8,060
7 years$9,631$8,984$8,379$7,815$7,287$6,425
8 years$8,342$7,701$7,106$6,556$6,046$5,222
9 years$7,340$6,705$6,121$5,584$5,091$4,307
10 years$6,539$5,910$5,336$4,813$4,338$3,591
11 years$5,884$5,261$4,698$4,189$3,731$3,021
12 years$5,338$4,722$4,169$3,674$3,233$2,559
13 years$4,877$4,268$3,725$3,244$2,819$2,181
14 years$4,482$3,879$3,347$2,880$2,471$1,867
15 years$4,140$3,544$3,022$2,568$2,176$1,605
16 years$3,841$3,251$2,740$2,299$1,923$1,384
17 years$3,578$2,994$2,493$2,066$1,705$1,197
18 years$3,344$2,767$2,276$1,862$1,516$1,038
19 years$3,135$2,564$2,083$1,682$1,351$901
20 years$2,947$2,383$1,912$1,524$1,207$784
21 years$2,777$2,220$1,759$1,383$1,080$683
22 years$2,623$2,072$1,621$1,257$968$596
23 years$2,482$1,938$1,497$1,145$869$521
24 years$2,353$1,816$1,384$1,044$781$455
25 years$2,235$1,704$1,282$954$703$399
26 years$2,126$1,601$1,189$872$633$349
27 years$2,026$1,507$1,104$798$571$306
28 years$1,932$1,420$1,026$731$515$268
29 years$1,846$1,340$955$671$465$235
30 years$1,765$1,265$890$616$420$207
31 years$1,689$1,196$829$565$380$181
32 years$1,619$1,132$774$520$344$159
33 years$1,553$1,072$723$478$311$140
34 years$1,491$1,016$675$440$282$123
35 years$1,432$963$631$405$255$108
36 years$1,377$914$590$373$231$95
37 years$1,325$868$553$343$209$83
38 years$1,276$825$518$316$190$73
39 years$1,229$785$485$292$172$65
40 years$1,185$747$454$269$156$57
41 years$1,144$711$426$248$142$50
42 years$1,104$677$400$229$129$44
43 years$1,066$645$375$212$117$39
44 years$1,030$615$352$195$106$34
45 years$996$586$331$180$96$30
46 years$963$559$311$167$87$26
47 years$932$534$292$154$79$23
48 years$902$510$274$142$72$20
49 years$874$487$258$131$65$18
50 years$846$465$242$122$59$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $867,000, adding $5,492 every year, while hoping to spend $29,706 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: 56/29/15 Blend
44$867,000$867,000$867,000$867,000
45$961,099$915,148$901,709$1,010,866
46$1,027,524$928,383$900,310$1,058,513
47$1,099,729$941,272$897,868$1,106,690
48$1,178,272$953,764$894,317$1,158,489
49$1,263,767$965,810$889,587$1,214,262
50$1,356,889$977,353$883,607$1,274,397
51$1,458,383$988,335$876,299$1,339,325
52$1,569,067$998,692$867,584$1,409,519
53$1,689,841$1,008,357$857,377$1,485,501
54$1,821,698$1,017,259$845,592$1,567,847
55$1,965,727$1,025,321$832,136$1,657,195
56$2,123,132$1,032,462$816,912$1,754,245
57$2,295,234$1,038,595$799,821$1,859,772
58$2,483,490$1,043,628$780,758$1,974,632
59$2,689,503$1,047,464$759,611$2,099,766
60$2,915,040$1,049,997$736,265$2,236,214
61$3,162,045$1,051,118$710,601$2,385,125
62$3,432,659$1,050,708$682,491$2,547,765
63$3,729,240$1,048,642$651,805$2,725,531
64$4,054,385$1,044,789$618,403$2,919,963
65$4,410,956$1,039,007$582,143$3,132,763
66$4,802,102$1,031,147$542,873$3,365,805
67$5,231,293$1,021,050$500,437$3,621,158
68$5,702,353$1,008,549$454,669$3,901,106
69$6,219,491$993,466$405,398$4,208,166
70$6,787,345$975,611$352,445$4,545,115
71$7,411,024$954,786$295,622$4,915,016
72$8,096,156$930,779$234,733$5,321,247
73$8,848,943$903,366$169,575$5,767,536
74$9,676,213$872,309$99,934$6,257,993
75$10,585,492$837,357$25,587$6,797,150
76$11,585,071$798,246$0$7,390,008
77$12,684,081$754,694$0$8,050,682
78$13,892,587$706,403$0$8,781,580
79$15,221,675$653,061$0$9,585,348
80$16,683,559$594,334$0$10,469,422
81$18,291,697$529,871$0$11,442,002
82$20,060,917$459,302$0$12,512,123
83$22,007,557$382,234$0$13,689,749
84$24,149,618$298,253$0$14,985,863
85$26,506,933$206,922$0$16,412,572
86$29,101,357$107,779$0$17,983,220
87$31,956,970$334$0$19,712,519
88$35,100,305$0$0$21,616,687
89$38,560,598$0$0$23,750,594
90$42,370,062$0$0$26,100,044
91$46,564,194$0$0$28,686,835
92$51,182,108$0$0$31,535,103
93$56,266,903$0$0$34,671,444
94$61,866,070$0$0$38,125,164
95$68,031,940$0$0$41,928,556
96$74,822,178$0$0$46,117,206
97$82,300,326$0$0$50,730,323
98$90,536,403$0$0$55,811,117
99$99,607,566$0$0$61,407,201
100$109,598,835$0$0$67,571,040