Can I retire at age 45 with 871,000?

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 $871,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$71,926$71,286$70,661$70,051$69,455$67,071
2 years$35,607$34,944$34,301$33,678$33,074$30,696
3 years$23,502$22,836$22,195$21,578$20,983$18,687
4 years$17,451$16,787$16,152$15,546$14,965$12,767
5 years$13,821$13,161$12,535$11,941$11,377$9,283
6 years$11,402$10,747$10,130$9,549$9,002$7,014
7 years$9,675$9,025$8,418$7,851$7,321$5,439
8 years$8,380$7,736$7,139$6,586$6,073$4,296
9 years$7,374$6,736$6,149$5,610$5,115$3,440
10 years$6,569$5,937$5,361$4,836$4,358$2,782
11 years$5,911$5,286$4,720$4,208$3,748$2,268
12 years$5,363$4,744$4,189$3,691$3,248$1,861
13 years$4,900$4,287$3,742$3,259$2,832$1,535
14 years$4,503$3,897$3,362$2,893$2,483$1,271
15 years$4,159$3,560$3,036$2,580$2,186$1,055
16 years$3,859$3,266$2,752$2,310$1,932$879
17 years$3,594$3,008$2,505$2,076$1,713$734
18 years$3,359$2,780$2,286$1,870$1,523$613
19 years$3,149$2,576$2,093$1,690$1,358$514
20 years$2,960$2,394$1,921$1,531$1,213$431
21 years$2,790$2,230$1,767$1,389$1,085$361
22 years$2,635$2,081$1,628$1,263$973$304
23 years$2,494$1,947$1,504$1,150$873$255
24 years$2,364$1,824$1,391$1,049$785$215
25 years$2,246$1,712$1,288$958$706$181
26 years$2,136$1,609$1,194$876$636$152
27 years$2,035$1,514$1,109$802$574$128
28 years$1,941$1,427$1,031$735$518$108
29 years$1,854$1,346$960$674$467$91
30 years$1,773$1,271$894$618$422$77
31 years$1,697$1,202$833$568$382$65
32 years$1,626$1,137$777$522$345$55
33 years$1,560$1,077$726$480$313$46
34 years$1,497$1,020$678$442$283$39
35 years$1,439$968$634$407$256$33
36 years$1,383$919$593$374$232$28
37 years$1,331$873$555$345$210$23
38 years$1,282$829$520$318$191$20
39 years$1,235$788$487$293$173$17
40 years$1,191$750$457$270$157$14
41 years$1,149$714$428$249$142$12
42 years$1,109$680$402$230$129$10
43 years$1,071$648$377$213$117$8
44 years$1,035$618$354$196$106$7
45 years$1,000$589$332$181$97$6
46 years$968$562$312$167$88$5
47 years$936$536$293$155$80$4
48 years$906$512$275$143$72$4
49 years$878$489$259$132$66$3
50 years$850$467$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 $871,000, adding $3,758 every year, while hoping to spend $46,735 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: 56/24/20 Blend
44$871,000$871,000$871,000$871,000
45$963,718$917,555$904,055$1,012,309
46$1,012,292$912,790$884,615$1,041,118
47$1,064,254$906,225$862,958$1,067,173
48$1,119,900$897,722$838,959$1,094,535
49$1,179,555$887,136$812,490$1,123,339
50$1,243,577$874,312$783,415$1,153,739
51$1,312,355$859,087$751,592$1,185,907
52$1,386,319$841,286$716,875$1,220,032
53$1,465,941$820,727$679,108$1,256,329
54$1,551,739$797,214$638,129$1,295,033
55$1,644,280$770,541$593,771$1,336,410
56$1,744,190$740,491$545,855$1,380,753
57$1,852,154$706,832$494,199$1,428,391
58$1,968,928$669,321$438,608$1,479,686
59$2,095,340$627,699$378,883$1,535,046
60$2,232,302$581,694$314,813$1,594,919
61$2,380,816$531,016$246,179$1,659,808
62$2,541,985$475,361$172,751$1,730,267
63$2,717,020$414,406$94,290$1,806,915
64$2,907,254$347,811$10,548$1,890,438
65$3,114,155$275,215$0$1,981,596
66$3,339,337$196,238$0$2,098,053
67$3,584,574$110,479$0$2,227,421
68$3,851,821$17,513$0$2,368,546
69$4,143,229$0$0$2,522,641
70$4,461,163$0$0$2,712,995
71$4,808,230$0$0$2,925,915
72$5,187,296$0$0$3,158,542
73$5,601,519$0$0$3,412,824
74$6,054,374$0$0$3,690,904
75$6,549,687$0$0$3,995,142
76$7,091,672$0$0$4,328,138
77$7,684,967$0$0$4,692,752
78$8,334,682$0$0$5,092,135
79$9,046,442$0$0$5,529,759
80$9,826,443$0$0$6,009,444
81$10,681,508$0$0$6,535,400
82$11,619,151$0$0$7,112,262
83$12,647,650$0$0$7,745,138
84$13,776,122$0$0$8,439,651
85$15,014,607$0$0$9,201,996
86$16,374,168$0$0$10,038,998
87$17,866,988$0$0$10,958,174
88$19,506,489$0$0$11,967,804
89$21,307,457$0$0$13,077,011
90$23,286,180$0$0$14,295,844
91$25,460,601$0$0$15,635,376
92$27,850,490$0$0$17,107,802
93$30,477,623$0$0$18,726,561
94$33,365,996$0$0$20,506,457
95$36,542,041$0$0$22,463,801
96$40,034,883$0$0$24,616,563
97$43,876,611$0$0$26,984,542
98$48,102,577$0$0$29,589,553
99$52,751,733$0$0$32,455,632
100$57,866,999$0$0$35,609,262