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%19.3%
1 years$65,981$65,393$64,820$64,260$63,713$61,331
2 years$32,664$32,055$31,466$30,894$30,340$27,967
3 years$21,559$20,949$20,360$19,794$19,249$16,960
4 years$16,008$15,399$14,817$14,261$13,728$11,541
5 years$12,679$12,073$11,499$10,954$10,436$8,356
6 years$10,460$9,859$9,293$8,760$8,258$6,286
7 years$8,875$8,279$7,722$7,202$6,716$4,852
8 years$7,687$7,097$6,549$6,041$5,571$3,814
9 years$6,764$6,179$5,641$5,146$4,692$3,039
10 years$6,026$5,447$4,918$4,436$3,998$2,446
11 years$5,422$4,849$4,329$3,860$3,438$1,984
12 years$4,919$4,352$3,842$3,386$2,979$1,619
13 years$4,494$3,933$3,433$2,989$2,598$1,328
14 years$4,131$3,575$3,084$2,654$2,278$1,093
15 years$3,815$3,266$2,785$2,367$2,005$903
16 years$3,540$2,996$2,525$2,119$1,772$747
17 years$3,297$2,759$2,298$1,904$1,571$620
18 years$3,081$2,550$2,097$1,716$1,397$515
19 years$2,889$2,363$1,920$1,550$1,245$429
20 years$2,716$2,196$1,762$1,404$1,112$358
21 years$2,559$2,045$1,621$1,274$995$298
22 years$2,417$1,909$1,494$1,159$892$249
23 years$2,287$1,786$1,379$1,055$801$208
24 years$2,169$1,673$1,276$962$720$174
25 years$2,060$1,570$1,181$879$648$145
26 years$1,960$1,476$1,096$804$584$122
27 years$1,867$1,389$1,017$736$526$102
28 years$1,781$1,309$946$674$475$85
29 years$1,701$1,235$880$618$429$71
30 years$1,626$1,166$820$567$387$60
31 years$1,557$1,102$764$521$350$50
32 years$1,492$1,043$713$479$317$42
33 years$1,431$988$666$440$287$35
34 years$1,374$936$622$405$260$29
35 years$1,320$888$582$373$235$25
36 years$1,269$843$544$343$213$21
37 years$1,221$800$509$316$193$17
38 years$1,176$761$477$292$175$15
39 years$1,133$723$447$269$159$12
40 years$1,092$688$419$248$144$10
41 years$1,054$655$393$229$131$9
42 years$1,017$624$368$211$119$7
43 years$982$594$346$195$108$6
44 years$949$567$324$180$98$5
45 years$918$540$305$166$89$4
46 years$888$515$286$154$80$4
47 years$859$492$269$142$73$3
48 years$831$470$253$131$66$2
49 years$805$448$237$121$60$2
50 years$780$428$223$112$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $799,000, adding $6,508 every year, while hoping to spend $37,980 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: 44/31/25 Blend
44$799,000$799,000$799,000$799,000
45$887,211$844,864$832,480$919,565
46$937,296$845,852$819,957$944,161
47$991,217$845,615$805,742$966,644
48$1,049,325$844,054$789,738$990,266
49$1,112,005$841,062$771,844$1,015,155
50$1,179,682$836,526$751,953$1,041,451
51$1,252,820$830,327$729,954$1,069,313
52$1,331,933$822,338$705,732$1,098,919
53$1,417,581$812,424$679,166$1,130,465
54$1,510,384$800,442$650,128$1,164,173
55$1,611,022$786,242$618,486$1,200,288
56$1,720,242$769,664$584,100$1,239,087
57$1,838,867$750,537$546,828$1,280,874
58$1,967,800$728,683$506,516$1,325,992
59$2,108,039$703,911$463,007$1,374,819
60$2,260,676$676,020$416,135$1,427,780
61$2,426,918$644,798$365,728$1,485,345
62$2,608,089$610,018$311,605$1,548,036
63$2,805,648$571,444$253,579$1,616,435
64$3,021,203$528,823$191,452$1,691,189
65$3,256,519$481,889$125,019$1,773,014
66$3,513,542$430,360$54,066$1,862,708
67$3,794,416$373,940$0$1,961,154
68$4,101,496$312,313$0$2,075,110
69$4,437,381$245,148$0$2,215,654
70$4,804,928$172,095$0$2,369,620
71$5,207,285$92,782$0$2,538,415
72$5,647,919$6,819$0$2,723,590
73$6,130,646$0$0$2,926,862
74$6,659,671$0$0$3,179,535
75$7,239,623$0$0$3,459,179
76$7,875,600$0$0$3,765,940
77$8,573,220$0$0$4,102,539
78$9,338,668$0$0$4,471,975
79$10,178,757$0$0$4,877,548
80$11,100,994$0$0$5,322,897
81$12,113,644$0$0$5,812,029
82$13,225,815$0$0$6,349,357
83$14,447,541$0$0$6,939,745
84$15,789,872$0$0$7,588,549
85$17,264,984$0$0$8,301,670
86$18,886,291$0$0$9,085,612
87$20,668,571$0$0$9,947,536
88$22,628,102$0$0$10,895,335
89$24,782,824$0$0$11,937,704
90$27,152,496$0$0$13,084,223
91$29,758,892$0$0$14,345,446
92$32,626,002$0$0$15,733,002
93$35,780,255$0$0$17,259,706
94$39,250,773$0$0$18,939,674
95$43,069,644$0$0$20,788,462
96$47,272,222$0$0$22,823,211
97$51,897,460$0$0$25,062,805
98$56,988,283$0$0$27,528,054
99$62,591,983$0$0$30,241,887
100$68,760,674$0$0$33,229,569