Can I retire at age 45 with 869,000?

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 $869,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$71,761$71,122$70,498$69,890$69,295$67,050
2 years$35,525$34,864$34,223$33,601$32,998$30,757
3 years$23,448$22,784$22,144$21,528$20,935$18,769
4 years$17,411$16,749$16,115$15,510$14,931$12,856
5 years$13,790$13,131$12,506$11,913$11,350$9,372
6 years$11,376$10,722$10,107$9,527$8,981$7,101
7 years$9,653$9,005$8,399$7,833$7,304$5,522
8 years$8,361$7,719$7,123$6,571$6,059$4,375
9 years$7,357$6,721$6,135$5,597$5,103$3,513
10 years$6,554$5,924$5,349$4,824$4,348$2,851
11 years$5,897$5,274$4,709$4,199$3,739$2,332
12 years$5,350$4,733$4,179$3,683$3,240$1,920
13 years$4,888$4,278$3,734$3,251$2,826$1,588
14 years$4,492$3,888$3,355$2,886$2,477$1,319
15 years$4,150$3,552$3,029$2,574$2,181$1,100
16 years$3,850$3,259$2,746$2,305$1,928$919
17 years$3,586$3,001$2,499$2,071$1,709$770
18 years$3,351$2,773$2,281$1,866$1,520$646
19 years$3,142$2,570$2,088$1,686$1,355$543
20 years$2,953$2,388$1,916$1,527$1,210$457
21 years$2,783$2,225$1,763$1,386$1,083$385
22 years$2,629$2,077$1,625$1,260$970$325
23 years$2,488$1,942$1,500$1,148$871$274
24 years$2,359$1,820$1,387$1,047$783$232
25 years$2,240$1,708$1,285$956$705$196
26 years$2,131$1,605$1,192$874$635$165
27 years$2,030$1,511$1,107$800$572$140
28 years$1,937$1,423$1,029$733$516$118
29 years$1,850$1,343$957$672$466$100
30 years$1,769$1,268$892$617$421$85
31 years$1,693$1,199$831$567$381$72
32 years$1,623$1,134$776$521$345$61
33 years$1,556$1,074$724$479$312$51
34 years$1,494$1,018$677$441$282$44
35 years$1,435$966$633$406$256$37
36 years$1,380$917$592$374$232$31
37 years$1,328$871$554$344$210$26
38 years$1,279$827$519$317$190$22
39 years$1,232$787$486$292$173$19
40 years$1,188$748$456$270$157$16
41 years$1,146$712$427$249$142$14
42 years$1,106$679$401$230$129$12
43 years$1,069$646$376$212$117$10
44 years$1,032$616$353$196$106$8
45 years$998$588$331$181$96$7
46 years$965$561$311$167$88$6
47 years$934$535$292$154$79$5
48 years$904$511$275$143$72$4
49 years$876$488$258$132$66$4
50 years$848$466$243$122$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $869,000, adding $4,587 every year, while hoping to spend $50,716 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: 42/34/24 Blend
44$869,000$869,000$869,000$869,000
45$962,369$916,312$902,843$995,857
46$1,006,570$907,250$879,127$1,011,164
47$1,053,579$896,044$852,916$1,022,538
48$1,103,629$882,536$824,074$1,033,850
49$1,156,976$866,557$792,458$1,045,122
50$1,213,899$847,930$757,917$1,056,383
51$1,274,704$826,466$720,294$1,067,669
52$1,339,726$801,965$679,426$1,079,022
53$1,409,333$774,216$635,141$1,090,496
54$1,483,927$742,995$587,261$1,102,153
55$1,563,952$708,066$535,599$1,114,067
56$1,649,893$669,179$479,959$1,126,324
57$1,742,281$626,068$420,137$1,139,028
58$1,841,703$578,454$355,920$1,152,295
59$1,948,799$526,040$287,086$1,166,263
60$2,064,275$468,515$213,402$1,181,088
61$2,188,905$405,546$134,625$1,196,951
62$2,323,541$336,786$50,503$1,214,059
63$2,469,119$261,865$0$1,232,648
64$2,626,665$180,392$0$1,263,042
65$2,797,310$91,957$0$1,309,946
66$2,982,297$0$0$1,360,833
67$3,182,992$0$0$1,417,620
68$3,400,898$0$0$1,516,725
69$3,637,667$0$0$1,624,504
70$3,895,118$0$0$1,741,800
71$4,175,250$0$0$1,869,534
72$4,480,265$0$0$2,008,725
73$4,812,585$0$0$2,160,491
74$5,174,874$0$0$2,326,063
75$5,570,067$0$0$2,506,798
76$6,001,390$0$0$2,704,187
77$6,472,398$0$0$2,919,874
78$6,987,004$0$0$3,155,666
79$7,549,514$0$0$3,413,554
80$8,164,669$0$0$3,695,732
81$8,837,691$0$0$4,004,613
82$9,574,328$0$0$4,342,854
83$10,380,911$0$0$4,713,385
84$11,264,411$0$0$5,119,427
85$12,232,504$0$0$5,564,532
86$13,293,645$0$0$6,052,610
87$14,457,144$0$0$6,587,967
88$15,733,259$0$0$7,175,348
89$17,133,284$0$0$7,819,977
90$18,669,662$0$0$8,527,609
91$20,356,097$0$0$9,304,584
92$22,207,685$0$0$10,157,887
93$24,241,056$0$0$11,095,210
94$26,474,529$0$0$12,125,028
95$28,928,284$0$0$13,256,678
96$31,624,552$0$0$14,500,446
97$34,587,826$0$0$15,867,662
98$37,845,088$0$0$17,370,813
99$41,426,062$0$0$19,023,651
100$45,363,501$0$0$20,841,330