Can I retire at age 45 with 854,000?

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 $854,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$70,523$69,894$69,281$68,683$68,099$65,631
2 years$34,912$34,262$33,632$33,021$32,428$29,968
3 years$23,044$22,391$21,762$21,157$20,574$18,200
4 years$17,110$16,459$15,837$15,242$14,673$12,404
5 years$13,551$12,904$12,290$11,708$11,154$8,995
6 years$11,180$10,537$9,932$9,363$8,826$6,778
7 years$9,486$8,849$8,254$7,697$7,178$5,241
8 years$8,217$7,585$7,000$6,457$5,955$4,127
9 years$7,230$6,605$6,029$5,500$5,015$3,294
10 years$6,441$5,822$5,256$4,741$4,273$2,656
11 years$5,795$5,183$4,628$4,126$3,675$2,159
12 years$5,258$4,652$4,107$3,619$3,185$1,765
13 years$4,804$4,204$3,669$3,195$2,777$1,451
14 years$4,415$3,821$3,297$2,836$2,434$1,197
15 years$4,078$3,491$2,977$2,530$2,143$990
16 years$3,784$3,203$2,699$2,265$1,894$822
17 years$3,524$2,949$2,456$2,035$1,680$683
18 years$3,294$2,725$2,242$1,834$1,493$569
19 years$3,088$2,526$2,052$1,657$1,331$475
20 years$2,902$2,347$1,883$1,501$1,189$397
21 years$2,735$2,186$1,732$1,362$1,064$332
22 years$2,583$2,041$1,597$1,239$954$278
23 years$2,445$1,909$1,474$1,128$856$232
24 years$2,318$1,788$1,363$1,029$770$195
25 years$2,202$1,678$1,263$940$692$163
26 years$2,094$1,577$1,171$859$624$137
27 years$1,995$1,484$1,088$786$562$115
28 years$1,903$1,399$1,011$720$507$96
29 years$1,818$1,320$941$661$458$81
30 years$1,738$1,246$876$606$414$68
31 years$1,664$1,178$817$557$374$57
32 years$1,595$1,115$762$512$339$48
33 years$1,529$1,056$712$471$306$40
34 years$1,468$1,001$665$433$277$34
35 years$1,411$949$622$399$251$28
36 years$1,356$901$582$367$228$24
37 years$1,305$855$544$338$206$20
38 years$1,257$813$510$312$187$17
39 years$1,211$773$478$287$170$14
40 years$1,168$736$448$265$154$12
41 years$1,126$700$420$245$140$10
42 years$1,087$667$394$226$127$8
43 years$1,050$635$369$208$115$7
44 years$1,015$606$347$192$104$6
45 years$981$577$326$178$95$5
46 years$949$551$306$164$86$4
47 years$918$526$287$152$78$4
48 years$889$502$270$140$71$3
49 years$861$479$254$130$64$2
50 years$834$458$239$120$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $854,000, adding $4,635 every year, while hoping to spend $57,237 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: 62/24/14 Blend
44$854,000$854,000$854,000$854,000
45$945,889$900,627$887,390$1,001,027
46$981,470$883,858$856,218$1,021,839
47$1,018,762$864,349$822,083$1,037,621
48$1,057,879$841,905$784,826$1,053,463
49$1,098,944$816,321$744,280$1,069,376
50$1,142,093$787,377$700,270$1,085,370
51$1,187,472$754,843$652,614$1,101,462
52$1,235,239$718,476$601,121$1,117,670
53$1,285,567$678,015$545,593$1,134,020
54$1,338,646$633,188$485,821$1,150,541
55$1,394,680$583,707$421,588$1,167,270
56$1,453,893$529,265$352,667$1,184,251
57$1,516,531$469,539$278,822$1,201,534
58$1,582,859$404,188$199,804$1,219,182
59$1,653,169$332,852$115,357$1,237,264
60$1,727,780$255,150$25,209$1,255,864
61$1,807,040$170,678$0$1,275,078
62$1,891,330$79,013$0$1,305,623
63$1,981,066$0$0$1,341,728
64$2,076,705$0$0$1,385,176
65$2,178,747$0$0$1,453,833
66$2,287,740$0$0$1,527,205
67$2,404,282$0$0$1,605,702
68$2,529,032$0$0$1,689,771
69$2,662,712$0$0$1,779,904
70$2,806,112$0$0$1,876,640
71$2,960,100$0$0$1,980,572
72$3,125,630$0$0$2,092,349
73$3,303,747$0$0$2,212,685
74$3,495,601$0$0$2,342,363
75$3,702,451$0$0$2,482,244
76$3,925,685$0$0$2,633,272
77$4,166,825$0$0$2,796,488
78$4,427,544$0$0$2,973,032
79$4,709,681$0$0$3,164,160
80$5,015,257$0$0$3,371,251
81$5,346,495$0$0$3,595,822
82$5,705,840$0$0$3,839,542
83$6,095,979$0$0$4,104,244
84$6,519,869$0$0$4,391,948
85$6,980,761$0$0$4,704,874
86$7,482,235$0$0$5,045,464
87$8,028,226$0$0$5,416,406
88$8,623,066$0$0$5,820,657
89$9,271,523$0$0$6,261,473
90$9,978,843$0$0$6,742,437
91$10,750,801$0$0$7,267,491
92$11,593,753$0$0$7,840,976
93$12,514,696$0$0$8,467,671
94$13,521,335$0$0$9,152,836
95$14,622,151$0$0$9,902,265
96$15,826,481$0$0$10,722,334
97$17,144,609$0$0$11,620,067
98$18,587,856$0$0$12,603,196
99$20,168,691$0$0$13,680,237
100$21,900,845$0$0$14,860,570