Can I retire at age 45 with 867,000?

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 $867,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$71,596$70,958$70,336$69,729$69,136$68,700
2 years$35,444$34,783$34,144$33,523$32,922$32,482
3 years$23,394$22,731$22,093$21,479$20,887$20,457
4 years$17,371$16,710$16,078$15,474$14,897$14,480
5 years$13,758$13,101$12,477$11,886$11,324$10,922
6 years$11,350$10,698$10,084$9,505$8,961$8,573
7 years$9,631$8,984$8,379$7,815$7,287$6,915
8 years$8,342$7,701$7,106$6,556$6,046$5,688
9 years$7,340$6,705$6,121$5,584$5,091$4,749
10 years$6,539$5,910$5,336$4,813$4,338$4,011
11 years$5,884$5,261$4,698$4,189$3,731$3,418
12 years$5,338$4,722$4,169$3,674$3,233$2,934
13 years$4,877$4,268$3,725$3,244$2,819$2,535
14 years$4,482$3,879$3,347$2,880$2,471$2,200
15 years$4,140$3,544$3,022$2,568$2,176$1,918
16 years$3,841$3,251$2,740$2,299$1,923$1,679
17 years$3,578$2,994$2,493$2,066$1,705$1,473
18 years$3,344$2,767$2,276$1,862$1,516$1,296
19 years$3,135$2,564$2,083$1,682$1,351$1,143
20 years$2,947$2,383$1,912$1,524$1,207$1,010
21 years$2,777$2,220$1,759$1,383$1,080$894
22 years$2,623$2,072$1,621$1,257$968$793
23 years$2,482$1,938$1,497$1,145$869$704
24 years$2,353$1,816$1,384$1,044$781$625
25 years$2,235$1,704$1,282$954$703$556
26 years$2,126$1,601$1,189$872$633$495
27 years$2,026$1,507$1,104$798$571$441
28 years$1,932$1,420$1,026$731$515$394
29 years$1,846$1,340$955$671$465$351
30 years$1,765$1,265$890$616$420$314
31 years$1,689$1,196$829$565$380$280
32 years$1,619$1,132$774$520$344$250
33 years$1,553$1,072$723$478$311$224
34 years$1,491$1,016$675$440$282$200
35 years$1,432$963$631$405$255$179
36 years$1,377$914$590$373$231$160
37 years$1,325$868$553$343$209$143
38 years$1,276$825$518$316$190$128
39 years$1,229$785$485$292$172$115
40 years$1,185$747$454$269$156$103
41 years$1,144$711$426$248$142$92
42 years$1,104$677$400$229$129$83
43 years$1,066$645$375$212$117$74
44 years$1,030$615$352$195$106$66
45 years$996$586$331$180$96$59
46 years$963$559$311$167$87$53
47 years$932$534$292$154$79$48
48 years$902$510$274$142$72$43
49 years$874$487$258$131$65$38
50 years$846$465$242$122$59$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $867,000, adding $6,801 every year, while hoping to spend $51,013 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: 40/39/21 Blend
44$867,000$867,000$867,000$867,000
45$962,449$916,498$903,060$994,722
46$1,006,342$907,129$879,035$1,009,126
47$1,053,001$895,591$852,495$1,019,328
48$1,102,657$881,725$823,303$1,029,325
49$1,155,558$865,359$791,314$1,039,128
50$1,211,978$846,315$756,376$1,048,750
51$1,272,218$824,403$718,333$1,058,212
52$1,336,606$799,420$677,019$1,067,540
53$1,405,502$771,154$632,261$1,076,769
54$1,479,301$739,378$583,880$1,085,942
55$1,558,436$703,854$531,686$1,095,111
56$1,643,383$664,330$475,484$1,104,339
57$1,734,663$620,537$415,068$1,113,702
58$1,832,849$572,193$350,223$1,123,292
59$1,938,569$519,000$280,725$1,133,214
60$2,052,513$460,642$206,340$1,143,593
61$2,175,441$396,784$126,823$1,154,574
62$2,308,185$327,076$41,921$1,166,324
63$2,451,660$251,143$0$1,179,038
64$2,606,873$168,593$0$1,203,846
65$2,774,930$79,010$0$1,240,828
66$2,957,047$0$0$1,280,936
67$3,154,560$0$0$1,332,315
68$3,368,941$0$0$1,424,980
69$3,601,806$0$0$1,525,735
70$3,854,933$0$0$1,635,362
71$4,130,281$0$0$1,754,723
72$4,430,001$0$0$1,884,764
73$4,756,464$0$0$2,026,527
74$5,112,276$0$0$2,181,160
75$5,500,306$0$0$2,349,926
76$5,923,713$0$0$2,534,213
77$6,385,972$0$0$2,735,552
78$6,890,909$0$0$2,955,628
79$7,442,738$0$0$3,196,295
80$8,046,095$0$0$3,459,594
81$8,706,087$0$0$3,747,774
82$9,428,336$0$0$4,063,311
83$10,219,032$0$0$4,408,929
84$11,084,993$0$0$4,787,633
85$12,033,726$0$0$5,202,727
86$13,073,498$0$0$5,657,855
87$14,213,416$0$0$6,157,025
88$15,463,508$0$0$6,704,655
89$16,834,820$0$0$7,305,612
90$18,339,517$0$0$7,965,255
91$19,991,001$0$0$8,689,487
92$21,804,034$0$0$9,484,811
93$23,794,875$0$0$10,358,392
94$25,981,437$0$0$11,318,121
95$28,383,452$0$0$12,372,693
96$31,022,658$0$0$13,531,685
97$33,923,001$0$0$14,805,648
98$37,110,865$0$0$16,206,209
99$40,615,314$0$0$17,746,174
100$44,468,370$0$0$19,439,654