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%11.8%
1 years$70,192$69,567$68,957$68,362$67,780$67,268
2 years$34,749$34,101$33,474$32,866$32,276$31,760
3 years$22,936$22,286$21,660$21,058$20,477$19,973
4 years$17,030$16,382$15,763$15,171$14,605$14,116
5 years$13,488$12,844$12,233$11,653$11,102$10,631
6 years$11,127$10,488$9,886$9,319$8,785$8,331
7 years$9,442$8,808$8,215$7,661$7,144$6,709
8 years$8,178$7,550$6,967$6,427$5,927$5,509
9 years$7,196$6,574$6,001$5,474$4,991$4,591
10 years$6,410$5,794$5,232$4,719$4,253$3,870
11 years$5,768$5,158$4,606$4,107$3,658$3,293
12 years$5,234$4,630$4,088$3,602$3,170$2,821
13 years$4,781$4,184$3,652$3,180$2,764$2,432
14 years$4,394$3,803$3,281$2,823$2,423$2,108
15 years$4,059$3,474$2,963$2,518$2,133$1,834
16 years$3,766$3,188$2,686$2,254$1,885$1,601
17 years$3,507$2,936$2,444$2,026$1,672$1,402
18 years$3,278$2,713$2,231$1,825$1,486$1,231
19 years$3,073$2,514$2,043$1,649$1,325$1,084
20 years$2,889$2,336$1,875$1,494$1,183$955
21 years$2,722$2,176$1,724$1,356$1,059$844
22 years$2,571$2,031$1,589$1,233$949$746
23 years$2,433$1,900$1,467$1,123$852$661
24 years$2,307$1,780$1,357$1,024$766$586
25 years$2,191$1,670$1,257$935$689$520
26 years$2,085$1,570$1,166$855$621$462
27 years$1,986$1,478$1,082$783$560$411
28 years$1,894$1,392$1,006$717$505$365
29 years$1,809$1,313$936$658$456$325
30 years$1,730$1,240$872$603$412$290
31 years$1,656$1,173$813$554$373$258
32 years$1,587$1,109$759$509$337$230
33 years$1,522$1,051$708$468$305$205
34 years$1,461$996$662$431$276$183
35 years$1,404$945$619$397$250$163
36 years$1,350$897$579$365$227$146
37 years$1,299$851$542$337$205$130
38 years$1,251$809$507$310$186$116
39 years$1,205$769$475$286$169$104
40 years$1,162$732$446$264$153$93
41 years$1,121$697$418$243$139$83
42 years$1,082$664$392$225$126$74
43 years$1,045$632$368$207$114$66
44 years$1,010$603$345$192$104$59
45 years$976$575$324$177$94$53
46 years$944$548$304$163$86$47
47 years$914$523$286$151$78$42
48 years$885$500$269$139$71$38
49 years$857$477$253$129$64$34
50 years$830$456$238$119$58$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $850,000, adding $4,305 every year, while hoping to spend $27,833 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: 85/8/7 Blend
44$850,000$850,000$850,000$850,000
45$941,141$896,091$882,916$1,020,228
46$1,007,523$910,385$882,879$1,086,771
47$1,079,743$924,447$881,909$1,155,617
48$1,158,368$938,236$879,943$1,230,369
49$1,244,020$951,707$876,920$1,311,603
50$1,337,384$964,816$872,771$1,399,952
51$1,439,216$977,510$867,427$1,496,115
52$1,550,345$989,737$860,815$1,600,859
53$1,671,686$1,001,440$852,858$1,715,029
54$1,804,244$1,012,557$843,475$1,839,559
55$1,949,128$1,023,023$832,583$1,975,473
56$2,107,557$1,032,769$820,092$2,123,902
57$2,280,873$1,041,720$805,911$2,286,091
58$2,470,556$1,049,798$789,942$2,463,411
59$2,678,232$1,056,918$772,085$2,657,374
60$2,905,696$1,062,991$752,234$2,869,642
61$3,154,921$1,067,922$730,278$3,102,051
62$3,428,082$1,071,609$706,101$3,356,618
63$3,727,572$1,073,944$679,582$3,635,571
64$4,056,031$1,074,813$650,594$3,941,361
65$4,416,362$1,074,094$619,004$4,276,689
66$4,811,765$1,071,659$584,675$4,644,531
67$5,245,764$1,067,370$547,461$5,048,167
68$5,722,242$1,061,081$507,211$5,491,211
69$6,245,476$1,052,639$463,768$5,977,644
70$6,820,175$1,041,879$416,965$6,511,853
71$7,451,530$1,028,628$366,630$7,098,673
72$8,145,258$1,012,703$312,584$7,743,429
73$8,907,657$993,908$254,638$8,451,993
74$9,745,665$972,037$192,596$9,230,832
75$10,666,927$946,871$126,252$10,087,073
76$11,679,865$918,178$55,393$11,028,571
77$12,793,757$885,715$0$12,063,980
78$14,018,826$849,221$0$13,204,348
79$15,366,336$808,422$0$14,463,189
80$16,848,695$763,029$0$15,847,959
81$18,479,578$712,733$0$17,371,441
82$20,274,049$657,210$0$19,047,719
83$22,248,706$596,118$0$20,892,313
84$24,421,840$529,094$0$22,922,324
85$26,813,602$455,754$0$25,156,595
86$29,446,197$375,693$0$27,615,893
87$32,344,092$288,485$0$30,323,098
88$35,534,244$193,676$0$33,303,426
89$39,046,361$90,789$0$36,584,662
90$42,913,173$0$0$40,197,424
91$47,170,749$0$0$44,177,272
92$51,858,831$0$0$48,568,360
93$57,021,213$0$0$53,403,717
94$62,706,150$0$0$58,728,544
95$68,966,817$0$0$64,592,650
96$75,861,809$0$0$71,050,918
97$83,455,691$0$0$78,163,829
98$91,819,613$0$0$85,998,027
99$101,031,975$0$0$94,626,951
100$111,179,171$0$0$104,131,524