Can I retire at age 45 with 851,000?

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 $851,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$70,275$69,649$69,038$68,442$67,860$65,740
2 years$34,789$34,142$33,514$32,905$32,314$30,198
3 years$22,963$22,312$21,686$21,082$20,501$18,454
4 years$17,050$16,402$15,782$15,189$14,622$12,660
5 years$13,504$12,859$12,247$11,666$11,115$9,244
6 years$11,140$10,500$9,897$9,330$8,795$7,015
7 years$9,453$8,818$8,225$7,670$7,153$5,465
8 years$8,188$7,559$6,975$6,435$5,934$4,337
9 years$7,204$6,581$6,008$5,481$4,997$3,489
10 years$6,418$5,801$5,238$4,725$4,258$2,836
11 years$5,775$5,164$4,611$4,112$3,662$2,325
12 years$5,240$4,635$4,092$3,607$3,173$1,917
13 years$4,787$4,189$3,656$3,184$2,767$1,590
14 years$4,399$3,808$3,285$2,826$2,426$1,323
15 years$4,064$3,478$2,966$2,521$2,136$1,106
16 years$3,770$3,191$2,689$2,257$1,888$926
17 years$3,512$2,939$2,447$2,028$1,674$777
18 years$3,282$2,716$2,234$1,828$1,488$654
19 years$3,077$2,517$2,045$1,651$1,326$551
20 years$2,892$2,339$1,877$1,496$1,185$465
21 years$2,726$2,179$1,726$1,357$1,060$393
22 years$2,574$2,034$1,591$1,234$950$332
23 years$2,436$1,902$1,469$1,124$853$281
24 years$2,310$1,782$1,359$1,025$767$238
25 years$2,194$1,672$1,258$936$690$201
26 years$2,087$1,572$1,167$856$622$171
27 years$1,988$1,479$1,084$784$560$145
28 years$1,897$1,394$1,007$718$506$123
29 years$1,812$1,315$938$658$457$104
30 years$1,732$1,242$873$604$413$88
31 years$1,658$1,174$814$555$373$75
32 years$1,589$1,111$760$510$337$64
33 years$1,524$1,052$709$469$305$54
34 years$1,463$997$663$431$276$46
35 years$1,406$946$620$397$250$39
36 years$1,352$898$580$366$227$33
37 years$1,301$852$542$337$206$28
38 years$1,252$810$508$311$186$24
39 years$1,207$770$476$286$169$20
40 years$1,163$733$446$264$153$17
41 years$1,122$698$418$244$139$15
42 years$1,083$664$392$225$126$12
43 years$1,046$633$368$208$115$11
44 years$1,011$603$346$192$104$9
45 years$977$575$325$177$94$8
46 years$945$549$305$164$86$6
47 years$915$524$286$151$78$5
48 years$886$500$269$140$71$5
49 years$858$478$253$129$64$4
50 years$831$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 $851,000, adding $6,905 every year, while hoping to spend $42,969 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: 32/49/19 Blend
44$851,000$851,000$851,000$851,000
45$944,925$899,822$886,631$969,390
46$995,588$898,194$870,614$986,604
47$1,049,979$895,047$852,621$1,000,724
48$1,108,433$890,260$832,540$1,015,027
49$1,171,316$883,706$810,253$1,029,554
50$1,239,033$875,250$785,639$1,044,354
51$1,312,027$864,750$758,571$1,059,484
52$1,390,785$852,053$728,914$1,075,014
53$1,475,841$837,000$696,528$1,091,020
54$1,567,784$819,420$661,269$1,107,596
55$1,667,259$799,133$622,982$1,124,845
56$1,774,976$775,947$581,510$1,142,889
57$1,891,717$749,662$536,684$1,161,867
58$2,018,340$720,063$488,330$1,181,938
59$2,155,789$686,925$436,268$1,203,283
60$2,305,103$650,007$380,306$1,226,108
61$2,467,423$609,057$320,246$1,250,646
62$2,644,007$563,808$255,881$1,277,163
63$2,836,237$513,976$186,994$1,305,959
64$3,045,634$459,262$113,359$1,337,372
65$3,273,873$399,350$34,741$1,371,784
66$3,522,797$333,907$0$1,409,625
67$3,794,432$262,578$0$1,461,343
68$4,091,013$184,993$0$1,525,681
69$4,414,995$100,757$0$1,596,252
70$4,769,085$9,454$0$1,673,796
71$5,156,260$0$0$1,759,137
72$5,579,800$0$0$1,901,372
73$6,043,315$0$0$2,062,738
74$6,550,782$0$0$2,239,537
75$7,106,579$0$0$2,433,312
76$7,715,527$0$0$2,645,759
77$8,382,936$0$0$2,878,750
78$9,114,654$0$0$3,134,345
79$9,917,122$0$0$3,414,812
80$10,797,434$0$0$3,722,651
81$11,763,403$0$0$4,060,615
82$12,823,638$0$0$4,431,735
83$13,987,619$0$0$4,839,354
84$15,265,788$0$0$5,287,151
85$16,669,651$0$0$5,779,179
86$18,211,880$0$0$6,319,906
87$19,906,438$0$0$6,914,251
88$21,768,704$0$0$7,567,636
89$23,815,623$0$0$8,286,032
90$26,065,863$0$0$9,076,019
91$28,539,991$0$0$9,944,846
92$31,260,665$0$0$10,900,500
93$34,252,850$0$0$11,951,782
94$37,544,051$0$0$13,108,386
95$41,164,573$0$0$14,380,996
96$45,147,806$0$0$15,781,382
97$49,530,539$0$0$17,322,513
98$54,353,306$0$0$19,018,680
99$59,660,772$0$0$20,885,627
100$65,502,147$0$0$22,940,706