Can I retire at age 45 with 799,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.4%
1 years$65,981$65,393$64,820$64,260$63,713$61,798
2 years$32,664$32,055$31,466$30,894$30,340$28,426
3 years$21,559$20,949$20,360$19,794$19,249$17,397
4 years$16,008$15,399$14,817$14,261$13,728$11,952
5 years$12,679$12,073$11,499$10,954$10,436$8,741
6 years$10,460$9,859$9,293$8,760$8,258$6,645
7 years$8,875$8,279$7,722$7,202$6,716$5,185
8 years$7,687$7,097$6,549$6,041$5,571$4,122
9 years$6,764$6,179$5,641$5,146$4,692$3,322
10 years$6,026$5,447$4,918$4,436$3,998$2,706
11 years$5,422$4,849$4,329$3,860$3,438$2,222
12 years$4,919$4,352$3,842$3,386$2,979$1,836
13 years$4,494$3,933$3,433$2,989$2,598$1,526
14 years$4,131$3,575$3,084$2,654$2,278$1,273
15 years$3,815$3,266$2,785$2,367$2,005$1,065
16 years$3,540$2,996$2,525$2,119$1,772$894
17 years$3,297$2,759$2,298$1,904$1,571$753
18 years$3,081$2,550$2,097$1,716$1,397$634
19 years$2,889$2,363$1,920$1,550$1,245$536
20 years$2,716$2,196$1,762$1,404$1,112$453
21 years$2,559$2,045$1,621$1,274$995$383
22 years$2,417$1,909$1,494$1,159$892$325
23 years$2,287$1,786$1,379$1,055$801$276
24 years$2,169$1,673$1,276$962$720$234
25 years$2,060$1,570$1,181$879$648$199
26 years$1,960$1,476$1,096$804$584$169
27 years$1,867$1,389$1,017$736$526$143
28 years$1,781$1,309$946$674$475$122
29 years$1,701$1,235$880$618$429$104
30 years$1,626$1,166$820$567$387$88
31 years$1,557$1,102$764$521$350$75
32 years$1,492$1,043$713$479$317$64
33 years$1,431$988$666$440$287$54
34 years$1,374$936$622$405$260$46
35 years$1,320$888$582$373$235$39
36 years$1,269$843$544$343$213$33
37 years$1,221$800$509$316$193$29
38 years$1,176$761$477$292$175$24
39 years$1,133$723$447$269$159$21
40 years$1,092$688$419$248$144$18
41 years$1,054$655$393$229$131$15
42 years$1,017$624$368$211$119$13
43 years$982$594$346$195$108$11
44 years$949$567$324$180$98$9
45 years$918$540$305$166$89$8
46 years$888$515$286$154$80$7
47 years$859$492$269$142$73$6
48 years$831$470$253$131$66$5
49 years$805$448$237$121$60$4
50 years$780$428$223$112$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $799,000, adding $5,329 every year, while hoping to spend $40,436 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: 34/41/25 Blend
44$799,000$799,000$799,000$799,000
45$885,995$843,648$831,263$909,240
46$933,343$841,963$816,087$925,398
47$984,165$838,840$799,047$938,780
48$1,038,773$834,167$780,038$952,407
49$1,097,509$827,822$758,951$966,328
50$1,160,749$819,679$735,670$980,600
51$1,228,905$809,603$710,074$995,286
52$1,302,430$797,451$682,039$1,010,464
53$1,381,823$783,071$651,432$1,026,221
54$1,467,629$766,302$618,116$1,042,658
55$1,560,452$746,975$581,946$1,059,888
56$1,660,950$724,909$542,774$1,078,044
57$1,769,851$699,913$500,441$1,097,276
58$1,887,954$671,787$454,784$1,117,754
59$2,016,137$640,317$405,631$1,139,671
60$2,155,366$605,276$352,803$1,163,245
61$2,306,705$566,426$296,113$1,188,725
62$2,471,322$523,514$235,367$1,216,388
63$2,650,505$476,273$170,359$1,246,551
64$2,845,668$424,422$100,877$1,279,566
65$3,058,368$367,661$26,699$1,315,833
66$3,290,322$305,677$0$1,355,797
67$3,543,414$238,135$0$1,413,955
68$3,819,723$164,683$0$1,485,385
69$4,121,534$84,952$0$1,563,652
70$4,451,364$0$0$1,649,531
71$4,811,983$0$0$1,744,537
72$5,206,443$0$0$1,890,493
73$5,638,103$0$0$2,050,329
74$6,110,661$0$0$2,225,429
75$6,628,190$0$0$2,417,317
76$7,195,176$0$0$2,627,672
77$7,816,557$0$0$2,858,343
78$8,497,776$0$0$3,111,365
79$9,244,822$0$0$3,388,982
80$10,064,296$0$0$3,693,664
81$10,963,466$0$0$4,028,133
82$11,950,338$0$0$4,395,385
83$13,033,732$0$0$4,798,723
84$14,223,363$0$0$5,241,784
85$15,529,932$0$0$5,728,575
86$16,965,229$0$0$6,263,512
87$18,542,240$0$0$6,851,456
88$20,275,273$0$0$7,497,766
89$22,180,089$0$0$8,208,345
90$24,274,054$0$0$8,989,696
91$26,576,299$0$0$9,848,984
92$29,107,900$0$0$10,794,103
93$31,892,081$0$0$11,833,750
94$34,954,427$0$0$12,977,509
95$38,323,126$0$0$14,235,938
96$42,029,238$0$0$15,620,671
97$46,106,983$0$0$17,144,525
98$50,594,068$0$0$18,821,624
99$55,532,037$0$0$20,667,531
100$60,966,666$0$0$22,699,393