Can I retire at age 45 with 858,000?

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 $858,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$70,853$70,222$69,606$69,005$68,418$67,591
2 years$35,076$34,422$33,789$33,175$32,580$31,748
3 years$23,151$22,495$21,864$21,256$20,670$19,858
4 years$17,191$16,537$15,911$15,314$14,742$13,957
5 years$13,615$12,965$12,348$11,762$11,207$10,451
6 years$11,232$10,587$9,979$9,406$8,867$8,142
7 years$9,531$8,891$8,293$7,734$7,212$6,516
8 years$8,255$7,621$7,033$6,487$5,983$5,318
9 years$7,264$6,635$6,057$5,526$5,038$4,403
10 years$6,471$5,849$5,281$4,763$4,293$3,687
11 years$5,823$5,207$4,649$4,146$3,692$3,115
12 years$5,283$4,673$4,126$3,636$3,199$2,651
13 years$4,826$4,223$3,686$3,210$2,790$2,269
14 years$4,436$3,839$3,312$2,850$2,446$1,952
15 years$4,097$3,507$2,990$2,541$2,153$1,686
16 years$3,801$3,218$2,711$2,276$1,903$1,461
17 years$3,541$2,963$2,467$2,045$1,687$1,270
18 years$3,309$2,738$2,252$1,843$1,500$1,106
19 years$3,102$2,538$2,062$1,665$1,337$966
20 years$2,916$2,358$1,892$1,508$1,195$845
21 years$2,748$2,197$1,740$1,369$1,069$740
22 years$2,595$2,050$1,604$1,244$958$649
23 years$2,456$1,918$1,481$1,133$860$570
24 years$2,329$1,797$1,370$1,034$773$501
25 years$2,212$1,686$1,269$944$696$441
26 years$2,104$1,585$1,177$863$627$388
27 years$2,005$1,491$1,093$790$565$342
28 years$1,912$1,405$1,016$724$510$302
29 years$1,826$1,326$945$664$460$266
30 years$1,747$1,252$880$609$416$235
31 years$1,672$1,184$821$559$376$208
32 years$1,602$1,120$766$514$340$183
33 years$1,537$1,061$715$473$308$162
34 years$1,475$1,005$668$435$279$143
35 years$1,417$953$625$400$252$127
36 years$1,363$905$584$369$229$112
37 years$1,311$859$547$340$207$99
38 years$1,263$817$512$313$188$88
39 years$1,217$777$480$289$170$77
40 years$1,173$739$450$266$155$69
41 years$1,132$703$422$246$140$61
42 years$1,092$670$396$227$127$54
43 years$1,055$638$371$209$115$48
44 years$1,019$608$348$193$105$42
45 years$986$580$327$179$95$37
46 years$953$553$307$165$86$33
47 years$922$528$289$152$78$29
48 years$893$504$271$141$71$26
49 years$865$482$255$130$65$23
50 years$838$460$240$120$59$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $858,000, adding $5,284 every year, while hoping to spend $42,761 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: 76/15/9 Blend
44$858,000$858,000$858,000$858,000
45$950,966$905,492$892,193$1,021,441
46$1,002,468$904,364$876,585$1,067,422
47$1,057,789$901,748$859,020$1,111,835
48$1,117,274$897,524$839,388$1,159,295
49$1,181,303$891,569$817,574$1,210,088
50$1,250,289$883,749$793,456$1,264,530
51$1,324,689$873,924$766,907$1,322,969
52$1,405,005$861,944$737,796$1,385,789
53$1,491,786$847,650$705,983$1,453,414
54$1,585,639$830,875$671,324$1,526,310
55$1,687,228$811,442$633,667$1,604,994
56$1,797,284$789,161$592,854$1,690,033
57$1,916,612$763,835$548,719$1,782,054
58$2,046,095$735,252$501,090$1,881,748
59$2,186,706$703,189$449,786$1,989,878
60$2,339,515$667,410$394,619$2,107,286
61$2,505,698$627,665$335,391$2,234,899
62$2,686,549$583,691$271,897$2,373,741
63$2,883,493$535,208$203,921$2,524,941
64$3,098,098$481,921$131,241$2,689,744
65$3,332,087$423,519$53,621$2,869,526
66$3,587,360$359,671$0$3,065,801
67$3,866,006$290,030$0$3,283,046
68$4,170,324$214,227$0$3,525,977
69$4,502,848$131,875$0$3,791,500
70$4,866,365$42,563$0$4,081,884
71$5,263,943$0$0$4,399,631
72$5,698,962$0$0$4,756,438
73$6,175,144$0$0$5,154,728
74$6,696,584$0$0$5,590,907
75$7,267,797$0$0$6,068,754
76$7,893,750$0$0$6,592,429
77$8,579,916$0$0$7,166,517
78$9,332,323$0$0$7,796,064
79$10,157,610$0$0$8,486,629
80$11,063,087$0$0$9,244,337
81$12,056,808$0$0$10,075,930
82$13,147,646$0$0$10,988,839
83$14,345,373$0$0$11,991,248
84$15,660,752$0$0$13,092,171
85$17,105,643$0$0$14,301,539
86$18,693,109$0$0$15,630,293
87$20,437,541$0$0$17,090,485
88$22,354,794$0$0$18,695,392
89$24,462,334$0$0$20,459,642
90$26,779,405$0$0$22,399,352
91$29,327,208$0$0$24,532,276
92$32,129,100$0$0$26,877,976
93$35,210,816$0$0$29,458,005
94$38,600,710$0$0$32,296,109
95$42,330,023$0$0$35,418,452
96$46,433,175$0$0$38,853,859
97$50,948,092$0$0$42,634,094
98$55,916,560$0$0$46,794,153
99$61,384,623$0$0$51,372,597
100$67,403,012$0$0$56,411,913