Can I retire at age 45 with 870,000?

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 $870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$71,844$71,204$70,579$69,970$69,375$66,728
2 years$35,566$34,904$34,262$33,639$33,036$30,400
3 years$23,475$22,810$22,170$21,553$20,959$18,418
4 years$17,431$16,768$16,134$15,528$14,948$12,520
5 years$13,805$13,146$12,521$11,927$11,363$9,056
6 years$11,389$10,735$10,118$9,538$8,992$6,805
7 years$9,664$9,015$8,408$7,842$7,313$5,247
8 years$8,371$7,728$7,131$6,578$6,066$4,120
9 years$7,365$6,728$6,142$5,603$5,109$3,278
10 years$6,561$5,931$5,355$4,830$4,353$2,635
11 years$5,904$5,280$4,714$4,204$3,744$2,134
12 years$5,357$4,739$4,184$3,687$3,244$1,739
13 years$4,894$4,282$3,738$3,255$2,829$1,425
14 years$4,498$3,893$3,359$2,890$2,480$1,171
15 years$4,154$3,556$3,032$2,577$2,183$966
16 years$3,854$3,263$2,749$2,307$1,930$799
17 years$3,590$3,005$2,502$2,073$1,711$662
18 years$3,355$2,776$2,284$1,868$1,521$549
19 years$3,145$2,573$2,091$1,688$1,356$456
20 years$2,957$2,391$1,919$1,529$1,211$380
21 years$2,786$2,227$1,765$1,388$1,084$316
22 years$2,632$2,079$1,627$1,262$972$264
23 years$2,491$1,945$1,502$1,149$872$220
24 years$2,362$1,822$1,389$1,048$784$183
25 years$2,243$1,710$1,286$957$705$153
26 years$2,134$1,607$1,193$875$635$128
27 years$2,033$1,512$1,108$801$573$107
28 years$1,939$1,425$1,030$734$517$89
29 years$1,852$1,344$958$673$467$75
30 years$1,771$1,270$893$618$422$62
31 years$1,695$1,200$832$567$381$52
32 years$1,624$1,136$777$521$345$44
33 years$1,558$1,075$725$479$312$37
34 years$1,496$1,019$677$441$283$31
35 years$1,437$967$633$406$256$26
36 years$1,382$918$593$374$232$21
37 years$1,330$872$555$345$210$18
38 years$1,280$828$519$318$191$15
39 years$1,234$788$487$293$173$13
40 years$1,189$749$456$270$157$10
41 years$1,147$713$428$249$142$9
42 years$1,108$679$401$230$129$7
43 years$1,070$647$376$212$117$6
44 years$1,034$617$353$196$106$5
45 years$999$588$332$181$97$4
46 years$967$561$312$167$88$4
47 years$935$536$293$154$80$3
48 years$905$511$275$143$72$3
49 years$877$488$259$132$66$2
50 years$849$466$243$122$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $870,000, adding $3,804 every year, while hoping to spend $30,063 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: 41/42/17 Blend
44$870,000$870,000$870,000$870,000
45$962,664$916,554$903,069$997,164
46$1,028,869$929,478$901,335$1,034,911
47$1,100,819$942,028$898,535$1,072,526
48$1,179,069$954,154$894,602$1,112,603
49$1,264,228$965,802$889,466$1,155,382
50$1,356,968$976,914$883,051$1,201,128
51$1,458,026$987,431$875,281$1,250,134
52$1,568,216$997,286$866,074$1,302,724
53$1,688,431$1,006,411$855,345$1,359,258
54$1,819,657$1,014,730$843,005$1,420,131
55$1,962,976$1,022,166$828,960$1,485,782
56$2,119,582$1,028,635$813,112$1,556,695
57$2,290,788$1,034,046$795,360$1,633,408
58$2,478,039$1,038,306$775,595$1,716,513
59$2,682,929$1,041,312$753,707$1,806,664
60$2,907,208$1,042,957$729,578$1,904,587
61$3,152,810$1,043,128$703,084$2,011,080
62$3,421,858$1,041,703$674,099$2,127,030
63$3,716,693$1,038,553$642,488$2,253,414
64$4,039,896$1,033,541$608,110$2,391,312
65$4,394,303$1,026,523$570,821$2,541,916
66$4,783,044$1,017,345$530,465$2,706,547
67$5,209,563$1,005,843$486,884$2,886,660
68$5,677,655$991,845$439,911$3,083,865
69$6,191,498$975,168$389,371$3,299,938
70$6,755,697$955,618$335,081$3,536,843
71$7,375,324$932,989$276,851$3,796,746
72$8,055,964$907,062$214,483$4,082,042
73$8,803,774$877,609$147,769$4,395,373
74$9,625,531$844,385$76,492$4,739,657
75$10,528,707$807,132$427$5,118,116
76$11,521,531$765,576$0$5,534,306
77$12,613,067$719,430$0$6,006,800
78$13,813,304$668,386$0$6,526,320
79$15,133,248$612,124$0$7,097,616
80$16,585,022$550,301$0$7,726,017
81$18,181,985$482,556$0$8,417,398
82$19,938,854$408,508$0$9,178,242
83$21,871,847$327,755$0$10,015,697
84$23,998,831$239,870$0$10,937,649
85$26,339,493$144,405$0$11,952,795
86$28,915,525$40,885$0$13,070,725
87$31,750,829$0$0$14,302,019
88$34,871,740$0$0$15,691,243
89$38,307,277$0$0$17,241,456
90$42,089,416$0$0$18,948,206
91$46,253,389$0$0$20,827,410
92$50,838,019$0$0$22,896,607
93$55,886,084$0$0$25,175,124
94$61,444,725$0$0$27,684,256
95$67,565,881$0$0$30,447,470
96$74,306,790$0$0$33,490,623
97$81,730,522$0$0$36,842,209
98$89,906,573$0$0$40,533,626
99$98,911,528$0$0$44,599,474
100$108,829,774$0$0$49,077,878