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%11.4%
1 years$71,926$71,286$70,661$70,051$69,455$69,046
2 years$35,607$34,944$34,301$33,678$33,074$32,661
3 years$23,502$22,836$22,195$21,578$20,983$20,580
4 years$17,451$16,787$16,152$15,546$14,965$14,574
5 years$13,821$13,161$12,535$11,941$11,377$10,999
6 years$11,402$10,747$10,130$9,549$9,002$8,638
7 years$9,675$9,025$8,418$7,851$7,321$6,971
8 years$8,380$7,736$7,139$6,586$6,073$5,738
9 years$7,374$6,736$6,149$5,610$5,115$4,793
10 years$6,569$5,937$5,361$4,836$4,358$4,050
11 years$5,911$5,286$4,720$4,208$3,748$3,454
12 years$5,363$4,744$4,189$3,691$3,248$2,967
13 years$4,900$4,287$3,742$3,259$2,832$2,565
14 years$4,503$3,897$3,362$2,893$2,483$2,228
15 years$4,159$3,560$3,036$2,580$2,186$1,944
16 years$3,859$3,266$2,752$2,310$1,932$1,702
17 years$3,594$3,008$2,505$2,076$1,713$1,494
18 years$3,359$2,780$2,286$1,870$1,523$1,316
19 years$3,149$2,576$2,093$1,690$1,358$1,161
20 years$2,960$2,394$1,921$1,531$1,213$1,027
21 years$2,790$2,230$1,767$1,389$1,085$910
22 years$2,635$2,081$1,628$1,263$973$807
23 years$2,494$1,947$1,504$1,150$873$717
24 years$2,364$1,824$1,391$1,049$785$638
25 years$2,246$1,712$1,288$958$706$568
26 years$2,136$1,609$1,194$876$636$506
27 years$2,035$1,514$1,109$802$574$451
28 years$1,941$1,427$1,031$735$518$403
29 years$1,854$1,346$960$674$467$360
30 years$1,773$1,271$894$618$422$321
31 years$1,697$1,202$833$568$382$287
32 years$1,626$1,137$777$522$345$257
33 years$1,560$1,077$726$480$313$230
34 years$1,497$1,020$678$442$283$206
35 years$1,439$968$634$407$256$184
36 years$1,383$919$593$374$232$165
37 years$1,331$873$555$345$210$148
38 years$1,282$829$520$318$191$132
39 years$1,235$788$487$293$173$119
40 years$1,191$750$457$270$157$106
41 years$1,149$714$428$249$142$95
42 years$1,109$680$402$230$129$85
43 years$1,071$648$377$213$117$77
44 years$1,035$618$354$196$106$69
45 years$1,000$589$332$181$97$62
46 years$968$562$312$167$88$55
47 years$936$536$293$155$80$50
48 years$906$512$275$143$72$44
49 years$878$489$259$132$66$40
50 years$850$467$243$122$60$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $871,000, adding $5,900 every year, while hoping to spend $33,095 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: 49/30/21 Blend
44$871,000$871,000$871,000$871,000
45$965,928$919,765$906,264$1,007,286
46$1,029,240$929,621$901,411$1,046,484
47$1,097,900$938,850$895,287$1,085,214
48$1,172,420$947,387$887,813$1,126,599
49$1,253,360$955,163$878,908$1,170,905
50$1,341,339$962,102$868,488$1,218,421
51$1,437,036$968,126$856,463$1,269,471
52$1,541,199$973,149$842,739$1,324,413
53$1,654,651$977,083$827,220$1,383,640
54$1,778,297$979,831$809,803$1,447,589
55$1,913,132$981,292$790,381$1,516,745
56$2,060,255$981,359$768,842$1,591,639
57$2,220,872$979,916$745,069$1,672,864
58$2,396,311$976,842$718,940$1,761,071
59$2,588,036$972,009$690,325$1,856,983
60$2,797,657$965,279$659,092$1,961,396
61$3,026,947$956,506$625,101$2,075,193
62$3,277,858$945,538$588,204$2,199,347
63$3,552,540$932,210$548,250$2,334,935
64$3,853,361$916,349$505,078$2,483,146
65$4,182,927$897,773$458,521$2,645,293
66$4,544,109$876,288$408,405$2,822,829
67$4,940,069$851,687$354,547$3,017,357
68$5,374,289$823,753$296,758$3,230,647
69$5,850,606$792,256$234,838$3,464,655
70$6,373,243$756,952$168,581$3,721,540
71$6,946,854$717,583$97,769$4,003,688
72$7,576,565$673,877$22,176$4,313,732
73$8,268,022$625,544$0$4,654,578
74$9,027,446$572,281$0$5,042,542
75$9,861,687$513,764$0$5,474,217
76$10,778,294$449,654$0$5,948,594
77$11,785,583$379,590$0$6,470,052
78$12,892,714$303,191$0$7,043,417
79$14,109,780$220,057$0$7,674,011
80$15,447,900$129,762$0$8,367,704
81$16,919,324$31,859$0$9,130,971
82$18,537,549$0$0$9,970,950
83$20,317,446$0$0$10,919,983
84$22,275,397$0$0$11,975,630
85$24,429,456$0$0$13,137,120
86$26,799,510$0$0$14,415,192
87$29,407,474$0$0$15,821,676
88$32,277,495$0$0$17,369,610
89$35,436,178$0$0$19,073,359
90$38,912,837$0$0$20,948,749
91$42,739,774$0$0$23,013,221
92$46,952,579$0$0$25,285,991
93$51,590,472$0$0$27,788,235
94$56,696,664$0$0$30,543,285
95$62,318,773$0$0$33,576,851
96$68,509,267$0$0$36,917,261
97$75,325,962$0$0$40,595,734
98$82,832,565$0$0$44,646,668
99$91,099,278$0$0$49,107,968
100$100,203,456$0$0$54,021,402