Can I retire at age 45 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$70,192$69,567$68,957$68,362$67,780$65,065
2 years$34,749$34,101$33,474$32,866$32,276$29,575
3 years$22,936$22,286$21,660$21,058$20,477$17,875
4 years$17,030$16,382$15,763$15,171$14,605$12,121
5 years$13,488$12,844$12,233$11,653$11,102$8,743
6 years$11,127$10,488$9,886$9,319$8,785$6,552
7 years$9,442$8,808$8,215$7,661$7,144$5,038
8 years$8,178$7,550$6,967$6,427$5,927$3,944
9 years$7,196$6,574$6,001$5,474$4,991$3,128
10 years$6,410$5,794$5,232$4,719$4,253$2,506
11 years$5,768$5,158$4,606$4,107$3,658$2,024
12 years$5,234$4,630$4,088$3,602$3,170$1,644
13 years$4,781$4,184$3,652$3,180$2,764$1,342
14 years$4,394$3,803$3,281$2,823$2,423$1,099
15 years$4,059$3,474$2,963$2,518$2,133$903
16 years$3,766$3,188$2,686$2,254$1,885$744
17 years$3,507$2,936$2,444$2,026$1,672$614
18 years$3,278$2,713$2,231$1,825$1,486$508
19 years$3,073$2,514$2,043$1,649$1,325$420
20 years$2,889$2,336$1,875$1,494$1,183$349
21 years$2,722$2,176$1,724$1,356$1,059$289
22 years$2,571$2,031$1,589$1,233$949$240
23 years$2,433$1,900$1,467$1,123$852$199
24 years$2,307$1,780$1,357$1,024$766$166
25 years$2,191$1,670$1,257$935$689$138
26 years$2,085$1,570$1,166$855$621$115
27 years$1,986$1,478$1,082$783$560$95
28 years$1,894$1,392$1,006$717$505$79
29 years$1,809$1,313$936$658$456$66
30 years$1,730$1,240$872$603$412$55
31 years$1,656$1,173$813$554$373$46
32 years$1,587$1,109$759$509$337$38
33 years$1,522$1,051$708$468$305$32
34 years$1,461$996$662$431$276$26
35 years$1,404$945$619$397$250$22
36 years$1,350$897$579$365$227$18
37 years$1,299$851$542$337$205$15
38 years$1,251$809$507$310$186$13
39 years$1,205$769$475$286$169$11
40 years$1,162$732$446$264$153$9
41 years$1,121$697$418$243$139$7
42 years$1,082$664$392$225$126$6
43 years$1,045$632$368$207$114$5
44 years$1,010$603$345$192$104$4
45 years$976$575$324$177$94$4
46 years$944$548$304$163$86$3
47 years$914$523$286$151$78$2
48 years$885$500$269$139$71$2
49 years$857$477$253$129$64$2
50 years$830$456$238$119$58$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $850,000, adding $3,055 every year, while hoping to spend $45,464 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: 34/50/16 Blend
44$850,000$850,000$850,000$850,000
45$939,851$894,801$881,626$967,049
46$987,343$890,273$862,787$982,678
47$1,038,155$883,999$841,794$995,053
48$1,092,577$875,847$818,525$1,007,422
49$1,150,930$865,673$792,855$1,019,809
50$1,213,563$853,328$764,653$1,032,246
51$1,280,859$838,654$733,782$1,044,770
52$1,353,239$821,481$700,097$1,057,427
53$1,431,167$801,632$663,448$1,070,272
54$1,515,151$778,916$623,678$1,083,371
55$1,605,748$753,135$580,623$1,096,800
56$1,703,572$724,075$534,111$1,110,650
57$1,809,296$691,515$483,963$1,125,026
58$1,923,660$655,215$429,992$1,140,050
59$2,047,479$614,926$372,002$1,155,865
60$2,181,646$570,382$309,789$1,172,631
61$2,327,147$521,304$243,140$1,190,536
62$2,485,062$467,394$171,831$1,209,793
63$2,656,582$408,340$95,631$1,230,646
64$2,843,016$343,810$14,297$1,253,370
65$3,045,802$273,456$0$1,278,281
66$3,266,526$196,908$0$1,318,112
67$3,506,931$113,775$0$1,364,298
68$3,768,934$23,646$0$1,414,898
69$4,054,647$0$0$1,470,474
70$4,366,392$0$0$1,572,325
71$4,706,729$0$0$1,697,836
72$5,078,471$0$0$1,835,052
73$5,484,718$0$0$1,985,130
74$5,928,881$0$0$2,149,348
75$6,414,718$0$0$2,329,111
76$6,946,365$0$0$2,525,966
77$7,528,377$0$0$2,741,618
78$8,165,768$0$0$2,977,943
79$8,864,062$0$0$3,237,010
80$9,629,342$0$0$3,521,093
81$10,468,306$0$0$3,832,701
82$11,388,333$0$0$4,174,596
83$12,397,549$0$0$4,549,819
84$13,504,905$0$0$4,961,721
85$14,720,259$0$0$5,413,994
86$16,054,472$0$0$5,910,703
87$17,519,506$0$0$6,456,327
88$19,128,539$0$0$7,055,801
89$20,896,088$0$0$7,714,561
90$22,838,144$0$0$8,438,595
91$24,972,327$0$0$9,234,501
92$27,318,043$0$0$10,109,547
93$29,896,676$0$0$11,071,741
94$32,731,785$0$0$12,129,906
95$35,849,322$0$0$13,293,762
96$39,277,883$0$0$14,574,020
97$43,048,973$0$0$15,982,480
98$47,197,303$0$0$17,532,143
99$51,761,120$0$0$19,237,334
100$56,782,561$0$0$21,113,837