Can I retire at age 45 with 869,000?

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 $869,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$71,761$71,122$70,498$69,890$69,295$66,837
2 years$35,525$34,864$34,223$33,601$32,998$30,547
3 years$23,448$22,784$22,144$21,528$20,935$18,569
4 years$17,411$16,749$16,115$15,510$14,931$12,668
5 years$13,790$13,131$12,506$11,913$11,350$9,196
6 years$11,376$10,722$10,107$9,527$8,981$6,937
7 years$9,653$9,005$8,399$7,833$7,304$5,370
8 years$8,361$7,719$7,123$6,571$6,059$4,234
9 years$7,357$6,721$6,135$5,597$5,103$3,384
10 years$6,554$5,924$5,349$4,824$4,348$2,732
11 years$5,897$5,274$4,709$4,199$3,739$2,223
12 years$5,350$4,733$4,179$3,683$3,240$1,820
13 years$4,888$4,278$3,734$3,251$2,826$1,498
14 years$4,492$3,888$3,355$2,886$2,477$1,237
15 years$4,150$3,552$3,029$2,574$2,181$1,026
16 years$3,850$3,259$2,746$2,305$1,928$852
17 years$3,586$3,001$2,499$2,071$1,709$710
18 years$3,351$2,773$2,281$1,866$1,520$592
19 years$3,142$2,570$2,088$1,686$1,355$495
20 years$2,953$2,388$1,916$1,527$1,210$414
21 years$2,783$2,225$1,763$1,386$1,083$347
22 years$2,629$2,077$1,625$1,260$970$290
23 years$2,488$1,942$1,500$1,148$871$244
24 years$2,359$1,820$1,387$1,047$783$204
25 years$2,240$1,708$1,285$956$705$172
26 years$2,131$1,605$1,192$874$635$144
27 years$2,030$1,511$1,107$800$572$121
28 years$1,937$1,423$1,029$733$516$102
29 years$1,850$1,343$957$672$466$86
30 years$1,769$1,268$892$617$421$72
31 years$1,693$1,199$831$567$381$61
32 years$1,623$1,134$776$521$345$51
33 years$1,556$1,074$724$479$312$43
34 years$1,494$1,018$677$441$282$36
35 years$1,435$966$633$406$256$30
36 years$1,380$917$592$374$232$26
37 years$1,328$871$554$344$210$21
38 years$1,279$827$519$317$190$18
39 years$1,232$787$486$292$173$15
40 years$1,188$748$456$270$157$13
41 years$1,146$712$427$249$142$11
42 years$1,106$679$401$230$129$9
43 years$1,069$646$376$212$117$8
44 years$1,032$616$353$196$106$6
45 years$998$588$331$181$96$5
46 years$965$561$311$167$88$5
47 years$934$535$292$154$79$4
48 years$904$511$275$143$72$3
49 years$876$488$258$132$66$3
50 years$848$466$243$122$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $869,000, adding $4,176 every year, while hoping to spend $42,217 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: 57/16/27 Blend
44$869,000$869,000$869,000$869,000
45$961,946$915,889$902,419$1,009,452
46$1,015,145$915,849$887,732$1,042,457
47$1,072,357$914,392$871,137$1,073,624
48$1,133,944$911,404$852,527$1,106,725
49$1,200,308$906,764$831,788$1,141,958
50$1,271,888$900,344$808,802$1,179,545
51$1,349,167$892,008$783,443$1,219,732
52$1,432,677$881,611$755,583$1,262,792
53$1,523,000$869,000$725,086$1,309,029
54$1,620,778$854,013$691,808$1,358,778
55$1,726,717$836,478$655,603$1,412,412
56$1,841,590$816,214$616,314$1,470,344
57$1,966,251$793,028$573,779$1,533,033
58$2,101,637$766,715$527,829$1,600,985
59$2,248,780$737,059$478,287$1,674,764
60$2,408,814$703,834$424,968$1,754,991
61$2,582,987$666,795$367,678$1,842,357
62$2,772,672$625,689$306,216$1,937,626
63$2,979,382$580,245$240,372$2,041,641
64$3,204,778$530,176$169,924$2,155,340
65$3,450,693$475,182$94,643$2,279,757
66$3,719,139$414,942$14,290$2,416,038
67$4,012,337$349,119$0$2,565,449
68$4,332,726$277,357$0$2,749,979
69$4,682,996$199,280$0$2,956,322
70$5,066,106$114,489$0$3,182,149
71$5,485,315$22,564$0$3,429,434
72$5,944,211$0$0$3,700,358
73$6,446,745$0$0$4,010,868
74$6,997,268$0$0$4,355,458
75$7,600,573$0$0$4,733,165
76$8,261,937$0$0$5,147,300
77$8,987,173$0$0$5,601,516
78$9,782,681$0$0$6,099,830
79$10,655,515$0$0$6,646,672
80$11,613,439$0$0$7,246,919
81$12,665,011$0$0$7,905,943
82$13,819,654$0$0$8,629,662
83$15,087,748$0$0$9,424,596
84$16,480,731$0$0$10,297,927
85$18,011,200$0$0$11,257,566
86$19,693,034$0$0$12,312,229
87$21,541,522$0$0$13,471,520
88$23,573,511$0$0$14,746,016
89$25,807,556$0$0$16,147,374
90$28,264,106$0$0$17,688,434
91$30,965,684$0$0$19,383,345
92$33,937,111$0$0$21,247,692
93$37,205,731$0$0$23,298,652
94$40,801,672$0$0$25,555,146
95$44,758,129$0$0$28,038,023
96$49,111,677$0$0$30,770,256
97$53,902,615$0$0$33,777,155
98$59,175,348$0$0$37,086,611
99$64,978,802$0$0$40,729,353
100$71,366,887$0$0$44,739,242