Can I retire at age 45 with 863,000?

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 $863,000?

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$71,266$70,631$70,012$69,407$68,817$66,322
2 years$35,280$34,623$33,986$33,369$32,770$30,284
3 years$23,286$22,627$21,991$21,380$20,791$18,392
4 years$17,291$16,633$16,004$15,403$14,828$12,534
5 years$13,694$13,040$12,420$11,831$11,272$9,089
6 years$11,297$10,648$10,037$9,461$8,919$6,849
7 years$9,586$8,943$8,341$7,779$7,254$5,296
8 years$8,303$7,665$7,074$6,525$6,018$4,171
9 years$7,306$6,674$6,093$5,558$5,068$3,329
10 years$6,508$5,883$5,312$4,791$4,318$2,684
11 years$5,856$5,237$4,676$4,170$3,714$2,181
12 years$5,314$4,701$4,150$3,657$3,218$1,784
13 years$4,855$4,248$3,708$3,229$2,806$1,466
14 years$4,461$3,861$3,331$2,866$2,460$1,209
15 years$4,121$3,527$3,008$2,556$2,166$1,001
16 years$3,823$3,236$2,727$2,289$1,914$831
17 years$3,561$2,981$2,482$2,056$1,697$691
18 years$3,328$2,754$2,265$1,853$1,509$575
19 years$3,120$2,553$2,074$1,675$1,345$480
20 years$2,933$2,372$1,903$1,517$1,202$401
21 years$2,764$2,209$1,751$1,376$1,075$335
22 years$2,611$2,062$1,613$1,252$964$281
23 years$2,471$1,929$1,490$1,140$865$235
24 years$2,343$1,807$1,378$1,040$778$197
25 years$2,225$1,696$1,276$949$700$165
26 years$2,117$1,594$1,184$868$630$138
27 years$2,016$1,500$1,099$795$568$116
28 years$1,923$1,414$1,022$728$513$97
29 years$1,837$1,334$951$668$463$82
30 years$1,757$1,259$886$613$418$69
31 years$1,682$1,191$826$563$378$58
32 years$1,611$1,126$770$517$342$48
33 years$1,546$1,067$719$476$310$41
34 years$1,484$1,011$672$438$280$34
35 years$1,425$959$628$403$254$29
36 years$1,371$910$588$371$230$24
37 years$1,319$864$550$342$209$20
38 years$1,270$822$515$315$189$17
39 years$1,224$781$483$290$171$14
40 years$1,180$743$452$268$155$12
41 years$1,138$708$424$247$141$10
42 years$1,099$674$398$228$128$8
43 years$1,061$642$373$211$116$7
44 years$1,025$612$350$194$105$6
45 years$991$584$329$180$96$5
46 years$959$557$309$166$87$4
47 years$928$531$290$153$79$4
48 years$898$507$273$142$72$3
49 years$870$484$256$131$65$3
50 years$843$463$241$121$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $863,000, adding $2,422 every year, while hoping to spend $44,717 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: 37/39/24 Blend
44$863,000$863,000$863,000$863,000
45$953,524$907,785$894,409$981,861
46$1,003,205$904,688$876,793$999,731
47$1,056,455$899,941$857,088$1,014,710
48$1,113,590$893,415$835,178$1,030,002
49$1,174,958$884,974$810,938$1,045,663
50$1,240,942$874,475$784,242$1,061,757
51$1,311,958$861,765$754,955$1,078,359
52$1,388,468$846,682$722,936$1,095,556
53$1,470,977$829,055$688,040$1,113,448
54$1,560,040$808,702$650,112$1,132,149
55$1,656,267$785,430$608,993$1,151,790
56$1,760,327$759,037$564,516$1,172,518
57$1,872,958$729,308$516,504$1,194,503
58$1,994,969$696,013$464,777$1,217,937
59$2,127,251$658,913$409,142$1,243,037
60$2,270,782$617,751$349,400$1,270,048
61$2,426,640$572,259$285,343$1,299,248
62$2,596,010$522,152$216,754$1,330,949
63$2,780,193$467,128$143,405$1,365,503
64$2,980,623$406,868$65,060$1,403,306
65$3,198,879$341,036$0$1,444,802
66$3,436,694$269,277$0$1,495,238
67$3,695,980$191,215$0$1,568,513
68$3,978,839$106,453$0$1,648,643
69$4,287,584$14,573$0$1,736,398
70$4,624,763$0$0$1,832,637
71$4,993,178$0$0$1,974,732
72$5,395,919$0$0$2,137,018
73$5,836,381$0$0$2,314,624
74$6,318,309$0$0$2,509,075
75$6,845,821$0$0$2,722,047
76$7,423,456$0$0$2,955,390
77$8,056,209$0$0$3,211,138
78$8,749,583$0$0$3,491,533
79$9,509,639$0$0$3,799,043
80$10,343,049$0$0$4,136,388
81$11,257,164$0$0$4,506,562
82$12,260,083$0$0$4,912,863
83$13,360,721$0$0$5,358,927
84$14,568,903$0$0$5,848,754
85$15,895,449$0$0$6,386,756
86$17,352,280$0$0$6,977,788
87$18,952,525$0$0$7,627,203
88$20,710,650$0$0$8,340,895
89$22,642,590$0$0$9,125,359
90$24,765,901$0$0$9,987,750
91$27,099,923$0$0$10,935,950
92$29,665,964$0$0$11,978,643
93$32,487,500$0$0$13,125,400
94$35,590,394$0$0$14,386,761
95$39,003,142$0$0$15,774,341
96$42,757,140$0$0$17,300,939
97$46,886,980$0$0$18,980,655
98$51,430,775$0$0$20,829,025
99$56,430,518$0$0$22,863,168
100$61,932,480$0$0$25,101,944