Can I retire at age 45 with 857,000?

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 $857,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$70,770$70,140$69,525$68,925$68,338$66,959
2 years$35,035$34,382$33,750$33,137$32,542$31,158
3 years$23,125$22,469$21,838$21,231$20,646$19,301
4 years$17,171$16,517$15,893$15,296$14,725$13,429
5 years$13,599$12,950$12,333$11,749$11,194$9,951
6 years$11,219$10,574$9,967$9,395$8,857$7,668
7 years$9,519$8,880$8,283$7,725$7,203$6,069
8 years$8,245$7,612$7,025$6,480$5,976$4,896
9 years$7,255$6,628$6,050$5,519$5,032$4,006
10 years$6,463$5,842$5,275$4,758$4,288$3,314
11 years$5,816$5,201$4,644$4,141$3,688$2,765
12 years$5,277$4,668$4,121$3,632$3,196$2,323
13 years$4,821$4,218$3,682$3,206$2,787$1,963
14 years$4,430$3,834$3,308$2,846$2,443$1,666
15 years$4,092$3,503$2,987$2,538$2,151$1,419
16 years$3,797$3,214$2,708$2,273$1,901$1,213
17 years$3,536$2,960$2,464$2,042$1,686$1,039
18 years$3,305$2,735$2,250$1,840$1,499$892
19 years$3,098$2,535$2,059$1,663$1,336$768
20 years$2,913$2,355$1,890$1,506$1,193$661
21 years$2,745$2,194$1,738$1,367$1,068$571
22 years$2,592$2,048$1,602$1,243$957$493
23 years$2,453$1,915$1,479$1,132$859$426
24 years$2,326$1,795$1,368$1,032$772$369
25 years$2,209$1,684$1,267$943$695$320
26 years$2,102$1,583$1,175$862$626$277
27 years$2,002$1,490$1,091$789$564$240
28 years$1,910$1,404$1,015$723$509$208
29 years$1,824$1,324$944$663$460$181
30 years$1,744$1,251$879$608$415$157
31 years$1,670$1,182$820$559$376$136
32 years$1,600$1,119$765$514$340$119
33 years$1,535$1,059$714$472$307$103
34 years$1,473$1,004$667$435$278$90
35 years$1,416$952$624$400$252$78
36 years$1,361$904$584$368$228$68
37 years$1,310$858$546$339$207$59
38 years$1,261$816$512$313$188$51
39 years$1,215$776$479$288$170$45
40 years$1,172$738$449$266$154$39
41 years$1,130$703$421$245$140$34
42 years$1,091$669$395$227$127$29
43 years$1,054$638$371$209$115$25
44 years$1,018$608$348$193$105$22
45 years$984$580$327$178$95$19
46 years$952$553$307$165$86$17
47 years$921$528$288$152$78$15
48 years$892$504$271$141$71$13
49 years$864$481$255$130$65$11
50 years$837$459$239$120$59$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $857,000, adding $4,282 every year, while hoping to spend $36,858 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: 46/27/27 Blend
44$857,000$857,000$857,000$857,000
45$948,831$903,410$890,126$984,934
46$1,006,395$908,460$880,729$1,015,942
47$1,068,595$912,523$869,781$1,045,653
48$1,135,866$915,510$857,193$1,077,176
49$1,208,684$917,330$842,868$1,110,698
50$1,287,573$917,883$826,708$1,146,429
51$1,373,111$917,064$808,608$1,184,604
52$1,465,931$914,763$788,459$1,225,482
53$1,566,730$910,861$766,147$1,269,351
54$1,676,276$905,233$741,553$1,316,532
55$1,795,413$897,746$714,551$1,367,379
56$1,925,069$888,259$685,012$1,422,287
57$2,066,265$876,623$652,799$1,481,694
58$2,220,126$862,679$617,770$1,546,085
59$2,387,888$846,259$579,774$1,615,998
60$2,570,913$827,186$538,657$1,692,030
61$2,770,699$805,272$494,255$1,774,840
62$2,988,897$780,317$446,399$1,865,163
63$3,227,321$752,109$394,911$1,963,809
64$3,487,973$720,427$339,605$2,071,677
65$3,773,051$685,033$280,287$2,189,762
66$4,084,981$645,679$216,755$2,319,165
67$4,426,431$602,099$148,798$2,461,105
68$4,800,339$554,014$76,195$2,616,932
69$5,209,942$501,129$0$2,788,138
70$5,658,803$443,131$0$2,976,745
71$6,150,848$379,691$0$3,207,658
72$6,690,399$310,461$0$3,460,996
73$7,282,217$235,071$0$3,739,068
74$7,931,547$153,133$0$4,044,420
75$8,644,164$64,236$0$4,379,864
76$9,426,432$0$0$4,748,502
77$10,285,359$0$0$5,163,279
78$11,228,666$0$0$5,639,867
79$12,264,857$0$0$6,163,490
80$13,403,302$0$0$6,738,896
81$14,654,322$0$0$7,371,314
82$16,029,289$0$0$8,066,509
83$17,540,730$0$0$8,830,828
84$19,202,446$0$0$9,671,266
85$21,029,642$0$0$10,595,529
86$23,039,072$0$0$11,612,108
87$25,249,193$0$0$12,730,356
88$27,680,340$0$0$13,960,581
89$30,354,919$0$0$15,314,138
90$33,297,618$0$0$16,803,539
91$36,535,637$0$0$18,442,572
92$40,098,946$0$0$20,246,425
93$44,020,568$0$0$22,231,837
94$48,336,888$0$0$24,417,249
95$53,087,999$0$0$26,822,983
96$58,318,078$0$0$29,471,430
97$64,075,799$0$0$32,387,263
98$70,414,801$0$0$35,597,667
99$77,394,184$0$0$39,132,600
100$85,079,071$0$0$43,025,072