Can I retire at age 45 with 794,000?

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 $794,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$65,568$64,984$64,414$63,858$63,315$61,960
2 years$32,459$31,855$31,269$30,701$30,150$28,792
3 years$21,425$20,817$20,233$19,670$19,128$17,809
4 years$15,908$15,303$14,724$14,171$13,642$12,372
5 years$12,599$11,998$11,427$10,885$10,371$9,153
6 years$10,394$9,797$9,235$8,705$8,206$7,043
7 years$8,820$8,228$7,674$7,157$6,674$5,564
8 years$7,639$7,053$6,508$6,004$5,536$4,481
9 years$6,722$6,141$5,605$5,114$4,663$3,660
10 years$5,988$5,413$4,887$4,408$3,973$3,022
11 years$5,388$4,818$4,302$3,836$3,417$2,517
12 years$4,889$4,325$3,818$3,365$2,961$2,110
13 years$4,466$3,908$3,411$2,971$2,582$1,779
14 years$4,105$3,553$3,065$2,637$2,263$1,507
15 years$3,791$3,245$2,767$2,352$1,993$1,281
16 years$3,518$2,978$2,509$2,106$1,761$1,092
17 years$3,276$2,742$2,283$1,892$1,562$934
18 years$3,062$2,534$2,084$1,705$1,389$800
19 years$2,871$2,348$1,908$1,541$1,238$687
20 years$2,699$2,182$1,751$1,395$1,105$591
21 years$2,543$2,033$1,611$1,266$989$509
22 years$2,402$1,897$1,484$1,151$887$438
23 years$2,273$1,775$1,371$1,049$796$378
24 years$2,155$1,663$1,268$956$715$327
25 years$2,047$1,560$1,174$873$644$282
26 years$1,947$1,467$1,089$799$580$244
27 years$1,855$1,380$1,011$731$523$211
28 years$1,770$1,301$940$670$472$183
29 years$1,690$1,227$875$614$426$158
30 years$1,616$1,159$815$564$385$137
31 years$1,547$1,095$760$518$348$119
32 years$1,483$1,036$709$476$315$103
33 years$1,422$981$662$438$285$89
34 years$1,365$930$618$403$258$77
35 years$1,312$882$578$371$234$67
36 years$1,261$837$541$341$212$58
37 years$1,213$795$506$314$192$50
38 years$1,168$756$474$290$174$44
39 years$1,126$719$444$267$158$38
40 years$1,086$684$416$247$143$33
41 years$1,047$651$390$227$130$29
42 years$1,011$620$366$210$118$25
43 years$976$591$344$194$107$22
44 years$943$563$322$179$97$19
45 years$912$537$303$165$88$16
46 years$882$512$284$153$80$14
47 years$854$489$267$141$73$12
48 years$826$467$251$130$66$11
49 years$800$446$236$120$60$9
50 years$775$426$222$111$54$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $794,000, adding $6,513 every year, while hoping to spend $32,347 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: 78/11/11 Blend
44$794,000$794,000$794,000$794,000
45$881,706$839,624$827,317$948,222
46$937,223$846,349$820,615$999,602
47$997,319$852,319$812,605$1,051,132
48$1,062,426$857,463$803,208$1,106,720
49$1,133,021$861,706$792,342$1,166,757
50$1,209,626$864,967$779,923$1,231,674
51$1,292,818$867,160$765,860$1,301,945
52$1,383,229$868,195$750,061$1,378,095
53$1,481,557$867,974$732,426$1,460,698
54$1,588,567$866,396$712,853$1,550,392
55$1,705,102$863,351$691,235$1,647,875
56$1,832,091$858,724$667,460$1,753,920
57$1,970,554$852,392$641,410$1,869,377
58$2,121,616$844,224$612,963$1,995,182
59$2,286,513$834,083$581,989$2,132,369
60$2,466,607$821,823$548,356$2,282,076
61$2,663,397$807,289$511,922$2,445,558
62$2,878,534$790,316$472,541$2,624,198
63$3,113,833$770,730$430,060$2,819,521
64$3,371,296$748,348$384,320$3,033,206
65$3,653,126$722,975$335,152$3,267,106
66$3,961,749$694,404$282,383$3,523,263
67$4,299,834$662,417$225,830$3,803,927
68$4,670,326$626,784$165,304$4,111,578
69$5,076,462$587,260$100,605$4,448,950
70$5,521,812$543,586$31,525$4,819,059
71$6,010,305$495,490$0$5,225,225
72$6,546,271$442,684$0$5,676,063
73$7,134,477$384,862$0$6,174,928
74$7,780,175$321,702$0$6,722,594
75$8,489,151$252,863$0$7,323,993
76$9,267,778$177,987$0$7,984,563
77$10,123,075$96,692$0$8,710,293
78$11,062,778$8,579$0$9,507,785
79$12,095,405$0$0$10,384,314
80$13,230,343$0$0$11,358,399
81$14,477,933$0$0$12,430,341
82$15,849,567$0$0$13,608,892
83$17,357,797$0$0$14,904,841
84$19,016,451$0$0$16,330,073
85$20,840,764$0$0$17,897,685
86$22,847,523$0$0$19,622,105
87$25,055,224$0$0$21,519,230
88$27,484,243$0$0$23,606,574
89$30,157,034$0$0$25,903,438
90$33,098,336$0$0$28,431,086
91$36,335,406$0$0$31,212,946
92$39,898,281$0$0$34,274,836
93$43,820,054$0$0$37,645,201
94$48,137,191$0$0$41,355,385
95$52,889,871$0$0$45,439,924
96$58,122,369$0$0$49,936,875
97$63,883,471$0$0$54,888,170
98$70,226,933$0$0$60,340,015
99$77,211,989$0$0$66,343,326
100$84,903,911$0$0$72,954,207