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%17.6%
1 years$71,761$71,122$70,498$69,890$69,295$67,158
2 years$35,525$34,864$34,223$33,601$32,998$30,863
3 years$23,448$22,784$22,144$21,528$20,935$18,870
4 years$17,411$16,749$16,115$15,510$14,931$12,951
5 years$13,790$13,131$12,506$11,913$11,350$9,462
6 years$11,376$10,722$10,107$9,527$8,981$7,185
7 years$9,653$9,005$8,399$7,833$7,304$5,600
8 years$8,361$7,719$7,123$6,571$6,059$4,447
9 years$7,357$6,721$6,135$5,597$5,103$3,580
10 years$6,554$5,924$5,349$4,824$4,348$2,912
11 years$5,897$5,274$4,709$4,199$3,739$2,388
12 years$5,350$4,733$4,179$3,683$3,240$1,971
13 years$4,888$4,278$3,734$3,251$2,826$1,635
14 years$4,492$3,888$3,355$2,886$2,477$1,362
15 years$4,150$3,552$3,029$2,574$2,181$1,139
16 years$3,850$3,259$2,746$2,305$1,928$955
17 years$3,586$3,001$2,499$2,071$1,709$802
18 years$3,351$2,773$2,281$1,866$1,520$675
19 years$3,142$2,570$2,088$1,686$1,355$569
20 years$2,953$2,388$1,916$1,527$1,210$481
21 years$2,783$2,225$1,763$1,386$1,083$406
22 years$2,629$2,077$1,625$1,260$970$344
23 years$2,488$1,942$1,500$1,148$871$291
24 years$2,359$1,820$1,387$1,047$783$246
25 years$2,240$1,708$1,285$956$705$209
26 years$2,131$1,605$1,192$874$635$177
27 years$2,030$1,511$1,107$800$572$150
28 years$1,937$1,423$1,029$733$516$128
29 years$1,850$1,343$957$672$466$108
30 years$1,769$1,268$892$617$421$92
31 years$1,693$1,199$831$567$381$78
32 years$1,623$1,134$776$521$345$66
33 years$1,556$1,074$724$479$312$56
34 years$1,494$1,018$677$441$282$48
35 years$1,435$966$633$406$256$41
36 years$1,380$917$592$374$232$35
37 years$1,328$871$554$344$210$29
38 years$1,279$827$519$317$190$25
39 years$1,232$787$486$292$173$21
40 years$1,188$748$456$270$157$18
41 years$1,146$712$427$249$142$15
42 years$1,106$679$401$230$129$13
43 years$1,069$646$376$212$117$11
44 years$1,032$616$353$196$106$9
45 years$998$588$331$181$96$8
46 years$965$561$311$167$88$7
47 years$934$535$292$154$79$6
48 years$904$511$275$143$72$5
49 years$876$488$258$132$66$4
50 years$848$466$243$122$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $869,000, adding $2,258 every year, while hoping to spend $51,459 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: 58/28/14 Blend
44$869,000$869,000$869,000$869,000
45$959,967$913,910$900,441$1,012,110
46$1,003,132$903,940$875,853$1,037,641
47$1,048,975$891,756$848,718$1,059,571
48$1,097,714$877,197$818,894$1,082,270
49$1,149,590$860,088$786,236$1,105,819
50$1,204,865$840,249$750,592$1,130,311
51$1,263,825$817,485$711,801$1,155,848
52$1,326,785$791,592$669,696$1,182,549
53$1,394,090$762,353$624,103$1,210,543
54$1,466,117$729,537$574,840$1,239,980
55$1,543,280$692,904$521,717$1,271,024
56$1,626,034$652,196$464,533$1,303,863
57$1,714,877$607,141$403,083$1,338,706
58$1,810,356$557,452$337,148$1,375,786
59$1,913,071$502,827$266,501$1,415,365
60$2,023,683$442,943$190,907$1,457,737
61$2,142,914$377,463$110,118$1,503,229
62$2,271,561$306,028$23,877$1,552,208
63$2,410,496$228,260$0$1,605,082
64$2,560,682$143,759$0$1,672,488
65$2,723,172$52,104$0$1,749,222
66$2,899,126$0$0$1,832,323
67$3,089,822$0$0$1,936,997
68$3,296,660$0$0$2,068,006
69$3,521,184$0$0$2,210,281
70$3,765,089$0$0$2,364,905
71$4,030,242$0$0$2,533,071
72$4,318,696$0$0$2,716,088
73$4,632,709$0$0$2,915,398
74$4,974,767$0$0$3,132,590
75$5,347,605$0$0$3,369,410
76$5,754,233$0$0$3,627,781
77$6,197,963$0$0$3,909,818
78$6,682,444$0$0$4,217,851
79$7,211,688$0$0$4,554,444
80$7,790,116$0$0$4,922,420
81$8,422,593$0$0$5,324,887
82$9,114,476$0$0$5,765,269
83$9,871,664$0$0$6,247,332
84$10,700,651$0$0$6,775,227
85$11,608,591$0$0$7,353,523
86$12,603,359$0$0$7,987,253
87$13,693,630$0$0$8,681,959
88$14,888,958$0$0$9,443,745
89$16,199,865$0$0$10,279,335
90$17,637,940$0$0$11,196,133
91$19,215,947$0$0$12,202,296
92$20,947,947$0$0$13,306,809
93$22,849,429$0$0$14,519,568
94$24,937,453$0$0$15,851,476
95$27,230,813$0$0$17,314,542
96$29,750,212$0$0$18,921,997
97$32,518,458$0$0$20,688,415
98$35,560,678$0$0$22,629,854
99$38,904,553$0$0$24,764,003
100$42,580,578$0$0$27,110,351