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%18%
1 years$70,192$69,567$68,957$68,362$67,780$65,584
2 years$34,749$34,101$33,474$32,866$32,276$30,085
3 years$22,936$22,286$21,660$21,058$20,477$18,359
4 years$17,030$16,382$15,763$15,171$14,605$12,575
5 years$13,488$12,844$12,233$11,653$11,102$9,167
6 years$11,127$10,488$9,886$9,319$8,785$6,946
7 years$9,442$8,808$8,215$7,661$7,144$5,402
8 years$8,178$7,550$6,967$6,427$5,927$4,279
9 years$7,196$6,574$6,001$5,474$4,991$3,436
10 years$6,410$5,794$5,232$4,719$4,253$2,788
11 years$5,768$5,158$4,606$4,107$3,658$2,281
12 years$5,234$4,630$4,088$3,602$3,170$1,878
13 years$4,781$4,184$3,652$3,180$2,764$1,553
14 years$4,394$3,803$3,281$2,823$2,423$1,291
15 years$4,059$3,474$2,963$2,518$2,133$1,076
16 years$3,766$3,188$2,686$2,254$1,885$899
17 years$3,507$2,936$2,444$2,026$1,672$753
18 years$3,278$2,713$2,231$1,825$1,486$632
19 years$3,073$2,514$2,043$1,649$1,325$531
20 years$2,889$2,336$1,875$1,494$1,183$447
21 years$2,722$2,176$1,724$1,356$1,059$377
22 years$2,571$2,031$1,589$1,233$949$318
23 years$2,433$1,900$1,467$1,123$852$268
24 years$2,307$1,780$1,357$1,024$766$227
25 years$2,191$1,670$1,257$935$689$191
26 years$2,085$1,570$1,166$855$621$162
27 years$1,986$1,478$1,082$783$560$137
28 years$1,894$1,392$1,006$717$505$116
29 years$1,809$1,313$936$658$456$98
30 years$1,730$1,240$872$603$412$83
31 years$1,656$1,173$813$554$373$70
32 years$1,587$1,109$759$509$337$59
33 years$1,522$1,051$708$468$305$50
34 years$1,461$996$662$431$276$43
35 years$1,404$945$619$397$250$36
36 years$1,350$897$579$365$227$31
37 years$1,299$851$542$337$205$26
38 years$1,251$809$507$310$186$22
39 years$1,205$769$475$286$169$19
40 years$1,162$732$446$264$153$16
41 years$1,121$697$418$243$139$13
42 years$1,082$664$392$225$126$11
43 years$1,045$632$368$207$114$10
44 years$1,010$603$345$192$104$8
45 years$976$575$324$177$94$7
46 years$944$548$304$163$86$6
47 years$914$523$286$151$78$5
48 years$885$500$269$139$71$4
49 years$857$477$253$129$64$4
50 years$830$456$238$119$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $850,000, adding $2,787 every year, while hoping to spend $37,406 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: 50/39/11 Blend
44$850,000$850,000$850,000$850,000
45$939,575$894,525$881,350$983,649
46$995,612$898,557$871,075$1,018,156
47$1,056,111$901,533$859,203$1,051,451
48$1,121,487$903,361$845,640$1,086,775
49$1,192,199$903,945$830,288$1,124,329
50$1,268,747$903,182$813,046$1,164,336
51$1,351,683$900,963$793,808$1,207,044
52$1,441,615$897,170$772,461$1,252,726
53$1,539,210$891,682$748,888$1,301,687
54$1,645,202$884,367$722,969$1,354,264
55$1,760,398$875,086$694,574$1,410,831
56$1,885,687$863,694$663,571$1,471,803
57$2,022,046$850,034$629,819$1,537,637
58$2,170,551$833,941$593,174$1,608,843
59$2,332,383$815,241$553,481$1,685,984
60$2,508,847$793,748$510,583$1,769,684
61$2,701,374$769,267$464,313$1,860,634
62$2,911,543$741,589$414,496$1,959,598
63$3,141,090$710,497$360,951$2,067,423
64$3,391,926$675,756$303,488$2,185,045
65$3,666,157$637,123$241,910$2,313,502
66$3,966,100$594,336$176,008$2,453,941
67$4,294,305$547,122$105,567$2,607,630
68$4,653,583$495,190$30,363$2,775,974
69$5,047,027$438,232$0$2,960,524
70$5,478,043$375,926$0$3,168,855
71$5,950,385$307,927$0$3,401,190
72$6,468,182$233,874$0$3,656,093
73$7,035,988$153,384$0$3,935,912
74$7,658,812$66,054$0$4,243,246
75$8,342,178$0$0$4,580,960
76$9,092,165$0$0$4,964,472
77$9,915,471$0$0$5,416,687
78$10,819,477$0$0$5,913,321
79$11,812,308$0$0$6,458,853
80$12,902,919$0$0$7,058,213
81$14,101,174$0$0$7,716,836
82$15,417,939$0$0$8,440,706
83$16,865,185$0$0$9,236,420
84$18,456,101$0$0$10,111,241
85$20,205,216$0$0$11,073,174
86$22,128,538$0$0$12,131,038
87$24,243,704$0$0$13,294,548
88$26,570,147$0$0$14,574,410
89$29,129,274$0$0$15,982,418
90$31,944,675$0$0$17,531,568
91$35,042,339$0$0$19,236,178
92$38,450,904$0$0$21,112,024
93$42,201,920$0$0$23,176,490
94$46,330,155$0$0$25,448,729
95$50,873,914$0$0$27,949,846
96$55,875,407$0$0$30,703,096
97$61,381,140$0$0$33,734,101
98$67,442,362$0$0$37,071,096
99$74,115,539$0$0$40,745,193
100$81,462,893$0$0$44,790,672