Can I retire at age 45 with 799,000?

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 $799,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$65,981$65,393$64,820$64,260$63,713$62,632
2 years$32,664$32,055$31,466$30,894$30,340$29,254
3 years$21,559$20,949$20,360$19,794$19,249$18,192
4 years$16,008$15,399$14,817$14,261$13,728$12,709
5 years$12,679$12,073$11,499$10,954$10,436$9,456
6 years$10,460$9,859$9,293$8,760$8,258$7,319
7 years$8,875$8,279$7,722$7,202$6,716$5,819
8 years$7,687$7,097$6,549$6,041$5,571$4,716
9 years$6,764$6,179$5,641$5,146$4,692$3,877
10 years$6,026$5,447$4,918$4,436$3,998$3,223
11 years$5,422$4,849$4,329$3,860$3,438$2,703
12 years$4,919$4,352$3,842$3,386$2,979$2,283
13 years$4,494$3,933$3,433$2,989$2,598$1,939
14 years$4,131$3,575$3,084$2,654$2,278$1,654
15 years$3,815$3,266$2,785$2,367$2,005$1,417
16 years$3,540$2,996$2,525$2,119$1,772$1,218
17 years$3,297$2,759$2,298$1,904$1,571$1,049
18 years$3,081$2,550$2,097$1,716$1,397$906
19 years$2,889$2,363$1,920$1,550$1,245$784
20 years$2,716$2,196$1,762$1,404$1,112$680
21 years$2,559$2,045$1,621$1,274$995$590
22 years$2,417$1,909$1,494$1,159$892$513
23 years$2,287$1,786$1,379$1,055$801$447
24 years$2,169$1,673$1,276$962$720$389
25 years$2,060$1,570$1,181$879$648$339
26 years$1,960$1,476$1,096$804$584$296
27 years$1,867$1,389$1,017$736$526$258
28 years$1,781$1,309$946$674$475$225
29 years$1,701$1,235$880$618$429$197
30 years$1,626$1,166$820$567$387$172
31 years$1,557$1,102$764$521$350$150
32 years$1,492$1,043$713$479$317$132
33 years$1,431$988$666$440$287$115
34 years$1,374$936$622$405$260$101
35 years$1,320$888$582$373$235$88
36 years$1,269$843$544$343$213$77
37 years$1,221$800$509$316$193$68
38 years$1,176$761$477$292$175$59
39 years$1,133$723$447$269$159$52
40 years$1,092$688$419$248$144$45
41 years$1,054$655$393$229$131$40
42 years$1,017$624$368$211$119$35
43 years$982$594$346$195$108$30
44 years$949$567$324$180$98$27
45 years$918$540$305$166$89$23
46 years$888$515$286$154$80$21
47 years$859$492$269$142$73$18
48 years$831$470$253$131$66$16
49 years$805$448$237$121$60$14
50 years$780$428$223$112$55$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $799,000, adding $2,199 every year, while hoping to spend $40,889 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: 60/31/9 Blend
44$799,000$799,000$799,000$799,000
45$882,766$840,419$828,035$933,821
46$929,303$838,094$812,268$966,003
47$979,216$834,285$794,603$996,232
48$1,032,806$828,875$774,933$1,028,189
49$1,090,405$821,742$753,145$1,062,043
50$1,152,374$812,756$729,124$1,097,980
51$1,219,113$801,778$702,747$1,136,208
52$1,291,059$788,661$673,885$1,176,956
53$1,368,693$773,252$642,406$1,220,479
54$1,452,543$755,384$608,170$1,267,061
55$1,543,189$734,885$571,030$1,317,015
56$1,641,269$711,569$530,835$1,370,689
57$1,747,485$685,242$487,424$1,428,468
58$1,862,607$655,698$440,631$1,490,780
59$1,987,483$622,717$390,283$1,558,098
60$2,123,046$586,070$336,197$1,630,946
61$2,270,321$545,511$278,183$1,709,907
62$2,430,435$500,783$216,044$1,795,623
63$2,604,630$451,612$149,572$1,888,807
64$2,794,272$397,710$78,552$1,990,247
65$3,000,861$338,772$2,757$2,100,819
66$3,226,053$274,475$0$2,221,487
67$3,471,665$204,480$0$2,360,824
68$3,739,702$128,426$0$2,513,282
69$4,032,367$45,934$0$2,679,930
70$4,352,087$0$0$2,862,242
71$4,701,534$0$0$3,076,649
72$5,083,649$0$0$3,328,295
73$5,501,670$0$0$3,603,651
74$5,959,163$0$0$3,905,073
75$6,460,054$0$0$4,235,156
76$7,008,668$0$0$4,596,758
77$7,609,766$0$0$4,993,026
78$8,268,591$0$0$5,427,427
79$8,990,919$0$0$5,903,778
80$9,783,111$0$0$6,426,283
81$10,652,173$0$0$6,999,574
82$11,605,821$0$0$7,628,752
83$12,652,556$0$0$8,319,435
84$13,801,741$0$0$9,077,813
85$15,063,689$0$0$9,910,704
86$16,449,763$0$0$10,825,620
87$17,972,477$0$0$11,830,833
88$19,645,621$0$0$12,935,460
89$21,484,384$0$0$14,149,542
90$23,505,500$0$0$15,484,142
91$25,727,406$0$0$16,951,449
92$28,170,413$0$0$18,564,891
93$30,856,900$0$0$20,339,262
94$33,811,521$0$0$22,290,863
95$37,061,441$0$0$24,437,652
96$40,636,588$0$0$26,799,418
97$44,569,940$0$0$29,397,961
98$48,897,828$0$0$32,257,303
99$53,660,287$0$0$35,403,911
100$58,901,425$0$0$38,866,949