Can I retire at age 45 with 792,000?

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 $792,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$65,403$64,820$64,252$63,697$63,155$62,863
2 years$32,378$31,775$31,190$30,624$30,074$29,779
3 years$21,371$20,765$20,182$19,621$19,080$18,791
4 years$15,868$15,264$14,687$14,136$13,608$13,328
5 years$12,568$11,968$11,398$10,858$10,345$10,074
6 years$10,368$9,772$9,211$8,683$8,185$7,924
7 years$8,797$8,207$7,655$7,139$6,657$6,406
8 years$7,620$7,035$6,492$5,988$5,523$5,281
9 years$6,705$6,125$5,591$5,101$4,651$4,420
10 years$5,973$5,399$4,875$4,397$3,963$3,741
11 years$5,375$4,806$4,292$3,827$3,408$3,196
12 years$4,876$4,314$3,809$3,357$2,953$2,751
13 years$4,455$3,899$3,403$2,963$2,575$2,382
14 years$4,094$3,544$3,057$2,630$2,258$2,074
15 years$3,782$3,237$2,760$2,346$1,988$1,813
16 years$3,509$2,970$2,503$2,101$1,757$1,590
17 years$3,268$2,735$2,277$1,887$1,558$1,399
18 years$3,054$2,528$2,079$1,701$1,385$1,235
19 years$2,863$2,343$1,903$1,537$1,234$1,092
20 years$2,692$2,177$1,747$1,392$1,103$968
21 years$2,537$2,028$1,607$1,263$987$859
22 years$2,396$1,893$1,481$1,149$884$764
23 years$2,267$1,770$1,367$1,046$794$680
24 years$2,150$1,659$1,264$954$714$606
25 years$2,042$1,556$1,171$871$642$541
26 years$1,942$1,463$1,086$797$578$483
27 years$1,850$1,377$1,009$729$522$432
28 years$1,765$1,297$938$668$471$386
29 years$1,686$1,224$873$613$425$346
30 years$1,612$1,156$813$562$384$310
31 years$1,543$1,093$758$516$347$278
32 years$1,479$1,034$707$475$314$249
33 years$1,418$979$660$436$284$223
34 years$1,362$928$617$402$257$200
35 years$1,308$880$577$370$233$180
36 years$1,258$835$539$340$211$161
37 years$1,210$793$505$314$191$145
38 years$1,166$754$473$289$173$130
39 years$1,123$717$443$267$157$117
40 years$1,083$682$415$246$143$105
41 years$1,045$649$389$227$129$94
42 years$1,008$618$365$209$117$85
43 years$974$589$343$193$107$76
44 years$941$562$322$178$97$69
45 years$910$536$302$165$88$62
46 years$880$511$284$152$80$56
47 years$851$488$266$141$72$50
48 years$824$465$250$130$66$45
49 years$798$444$235$120$60$40
50 years$773$425$221$111$54$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $792,000, adding $3,474 every year, while hoping to spend $40,086 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: 42/44/14 Blend
44$792,000$792,000$792,000$792,000
45$876,367$834,391$822,115$909,444
46$923,106$832,625$807,005$931,269
47$973,268$829,429$790,045$950,650
48$1,027,161$824,691$771,131$970,766
49$1,085,121$818,291$750,154$991,701
50$1,147,519$810,102$727,000$1,013,554
51$1,214,760$799,992$701,548$1,036,432
52$1,287,291$787,817$673,676$1,060,458
53$1,365,602$773,427$643,251$1,085,772
54$1,450,232$756,663$610,138$1,112,528
55$1,541,772$737,356$574,194$1,140,903
56$1,640,872$715,327$535,270$1,171,094
57$1,748,250$690,386$493,210$1,203,322
58$1,864,689$662,333$447,850$1,237,834
59$1,991,057$630,957$399,022$1,274,910
60$2,128,303$596,032$346,548$1,314,859
61$2,277,474$557,322$290,242$1,358,031
62$2,439,722$514,576$229,910$1,404,814
63$2,616,311$467,528$165,350$1,455,643
64$2,808,637$415,899$96,352$1,511,003
65$3,018,232$359,392$22,693$1,571,435
66$3,246,784$297,695$0$1,637,543
67$3,496,150$230,476$0$1,718,352
68$3,768,375$157,386$0$1,810,418
69$4,065,708$78,057$0$1,911,220
70$4,390,628$0$0$2,021,724
71$4,745,861$0$0$2,146,827
72$5,134,411$0$0$2,325,097
73$5,559,583$0$0$2,520,267
74$6,025,019$0$0$2,734,022
75$6,534,729$0$0$2,968,216
76$7,093,125$0$0$3,224,891
77$7,705,072$0$0$3,506,294
78$8,375,924$0$0$3,814,904
79$9,111,577$0$0$4,153,447
80$9,918,529$0$0$4,524,928
81$10,803,933$0$0$4,932,657
82$11,775,671$0$0$5,380,279
83$12,842,422$0$0$5,871,810
84$14,013,750$0$0$6,411,674
85$15,300,187$0$0$7,004,743
86$16,713,337$0$0$7,656,386
87$18,265,983$0$0$8,372,518
88$19,972,207$0$0$9,159,653
89$21,847,524$0$0$10,024,970
90$23,909,025$0$0$10,976,376
91$26,175,540$0$0$12,022,585
92$28,667,816$0$0$13,173,196
93$31,408,708$0$0$14,438,785
94$34,423,399$0$0$15,831,005
95$37,739,636$0$0$17,362,694
96$41,387,987$0$0$19,047,998
97$45,402,137$0$0$20,902,504
98$49,819,195$0$0$22,943,386
99$54,680,054$0$0$25,189,566
100$60,029,769$0$0$27,661,893