Can I retire at age 45 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$70,605$69,976$69,363$68,764$68,179$67,049
2 years$34,953$34,302$33,671$33,059$32,466$31,332
3 years$23,071$22,417$21,787$21,182$20,598$19,493
4 years$17,130$16,479$15,856$15,260$14,691$13,625
5 years$13,567$12,920$12,305$11,721$11,168$10,143
6 years$11,193$10,550$9,944$9,374$8,836$7,855
7 years$9,497$8,860$8,264$7,707$7,186$6,248
8 years$8,226$7,594$7,008$6,465$5,962$5,067
9 years$7,238$6,612$6,036$5,507$5,021$4,168
10 years$6,448$5,828$5,262$4,747$4,278$3,467
11 years$5,802$5,189$4,633$4,131$3,679$2,910
12 years$5,264$4,657$4,112$3,624$3,188$2,459
13 years$4,810$4,209$3,673$3,199$2,780$2,090
14 years$4,420$3,826$3,301$2,840$2,437$1,784
15 years$4,083$3,495$2,980$2,533$2,146$1,529
16 years$3,788$3,206$2,702$2,268$1,897$1,315
17 years$3,528$2,953$2,459$2,037$1,682$1,134
18 years$3,297$2,729$2,244$1,836$1,495$980
19 years$3,091$2,529$2,055$1,659$1,333$849
20 years$2,906$2,350$1,886$1,503$1,190$737
21 years$2,738$2,189$1,734$1,364$1,065$640
22 years$2,586$2,043$1,599$1,240$955$557
23 years$2,448$1,911$1,476$1,129$857$485
24 years$2,321$1,790$1,365$1,030$770$423
25 years$2,204$1,680$1,264$941$693$369
26 years$2,097$1,579$1,173$860$624$322
27 years$1,998$1,486$1,089$787$563$281
28 years$1,906$1,400$1,012$721$508$246
29 years$1,820$1,321$942$661$459$215
30 years$1,740$1,248$877$607$414$188
31 years$1,666$1,179$818$557$375$164
32 years$1,596$1,116$763$512$339$144
33 years$1,531$1,057$713$471$307$126
34 years$1,470$1,002$666$433$278$110
35 years$1,412$950$622$399$252$97
36 years$1,358$902$582$368$228$85
37 years$1,307$856$545$339$207$74
38 years$1,258$814$510$312$187$65
39 years$1,212$774$478$288$170$57
40 years$1,169$736$448$265$154$50
41 years$1,128$701$420$245$140$44
42 years$1,089$668$394$226$127$38
43 years$1,051$636$370$209$115$34
44 years$1,016$606$347$193$104$30
45 years$982$578$326$178$95$26
46 years$950$552$306$164$86$23
47 years$919$526$288$152$78$20
48 years$890$502$270$140$71$17
49 years$862$480$254$130$64$15
50 years$835$458$239$120$59$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $855,000, adding $5,091 every year, while hoping to spend $48,020 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: 56/18/26 Blend
44$855,000$855,000$855,000$855,000
45$947,461$902,146$888,894$993,503
46$993,010$895,259$867,579$1,018,790
47$1,041,594$886,424$843,940$1,040,873
48$1,093,474$875,496$817,850$1,063,939
49$1,148,934$862,321$789,173$1,088,098
50$1,208,284$846,733$757,769$1,113,474
51$1,271,866$828,560$723,491$1,140,206
52$1,340,053$807,617$686,186$1,168,447
53$1,413,257$783,709$645,692$1,198,372
54$1,491,929$756,630$601,841$1,230,175
55$1,576,562$726,161$554,459$1,264,073
56$1,667,700$692,072$503,363$1,300,308
57$1,765,940$654,117$448,360$1,339,151
58$1,871,936$612,040$389,250$1,380,904
59$1,986,409$565,565$325,825$1,425,903
60$2,110,149$514,404$257,867$1,474,525
61$2,244,027$458,252$185,148$1,527,186
62$2,388,997$396,786$107,430$1,584,351
63$2,546,111$329,665$24,465$1,646,539
64$2,716,523$256,527$0$1,714,325
65$2,901,505$176,994$0$1,806,123
66$3,102,454$90,662$0$1,913,268
67$3,320,907$0$0$2,029,834
68$3,558,555$0$0$2,157,352
69$3,817,259$0$0$2,315,785
70$4,099,067$0$0$2,488,436
71$4,406,230$0$0$2,676,696
72$4,741,231$0$0$2,882,093
73$5,106,796$0$0$3,106,311
74$5,505,931$0$0$3,351,201
75$5,941,942$0$0$3,618,804
76$6,418,470$0$0$3,911,364
77$6,939,523$0$0$4,231,354
78$7,509,514$0$0$4,581,495
79$8,133,302$0$0$4,964,785
80$8,816,238$0$0$5,384,523
81$9,564,213$0$0$5,844,345
82$10,383,717$0$0$6,348,252
83$11,281,894$0$0$6,900,654
84$12,266,616$0$0$7,506,404
85$13,346,549$0$0$8,170,849
86$14,531,240$0$0$8,899,881
87$15,831,205$0$0$9,699,984
88$17,258,027$0$0$10,578,307
89$18,824,464$0$0$11,542,719
90$20,544,569$0$0$12,601,893
91$22,433,827$0$0$13,765,379
92$24,509,290$0$0$15,043,701
93$26,789,747$0$0$16,448,451
94$29,295,898$0$0$17,992,399
95$32,050,544$0$0$19,689,615
96$35,078,807$0$0$21,555,601
97$38,408,366$0$0$23,607,433
98$42,069,712$0$0$25,863,926
99$46,096,442$0$0$28,345,810
100$50,525,570$0$0$31,075,925