Can I retire at age 45 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$66,063$65,475$64,901$64,340$63,793$63,365
2 years$32,705$32,095$31,505$30,933$30,378$29,945
3 years$21,586$20,975$20,386$19,819$19,273$18,850
4 years$16,029$15,419$14,836$14,278$13,746$13,336
5 years$12,695$12,088$11,513$10,967$10,449$10,054
6 years$10,473$9,871$9,304$8,771$8,268$7,887
7 years$8,886$8,290$7,732$7,211$6,724$6,358
8 years$7,697$7,106$6,557$6,049$5,578$5,227
9 years$6,773$6,187$5,648$5,152$4,698$4,362
10 years$6,033$5,453$4,924$4,441$4,003$3,681
11 years$5,429$4,855$4,335$3,865$3,442$3,135
12 years$4,926$4,357$3,847$3,390$2,983$2,690
13 years$4,500$3,938$3,437$2,993$2,601$2,322
14 years$4,136$3,579$3,088$2,657$2,280$2,015
15 years$3,820$3,270$2,788$2,370$2,008$1,755
16 years$3,544$3,000$2,528$2,122$1,775$1,535
17 years$3,301$2,763$2,300$1,906$1,573$1,346
18 years$3,085$2,553$2,100$1,718$1,399$1,184
19 years$2,892$2,366$1,922$1,552$1,247$1,043
20 years$2,719$2,199$1,764$1,406$1,114$921
21 years$2,562$2,048$1,623$1,276$997$815
22 years$2,420$1,912$1,496$1,160$893$722
23 years$2,290$1,788$1,381$1,057$802$640
24 years$2,172$1,675$1,277$964$721$568
25 years$2,063$1,572$1,183$880$649$505
26 years$1,962$1,478$1,097$805$584$450
27 years$1,869$1,391$1,019$737$527$400
28 years$1,783$1,310$947$675$475$357
29 years$1,703$1,236$881$619$429$318
30 years$1,628$1,167$821$568$388$284
31 years$1,559$1,104$765$522$351$253
32 years$1,494$1,044$714$479$317$226
33 years$1,433$989$667$441$287$202
34 years$1,375$937$623$406$260$180
35 years$1,321$889$582$373$235$161
36 years$1,271$844$545$344$213$144
37 years$1,223$801$510$317$193$129
38 years$1,177$762$478$292$175$115
39 years$1,134$724$447$269$159$103
40 years$1,094$689$419$248$144$92
41 years$1,055$656$393$229$131$83
42 years$1,019$625$369$211$119$74
43 years$984$595$346$195$108$66
44 years$951$567$325$180$98$59
45 years$919$541$305$166$89$53
46 years$889$516$287$154$81$47
47 years$860$492$269$142$73$43
48 years$833$470$253$131$66$38
49 years$806$449$238$121$60$34
50 years$781$429$224$112$55$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $800,000, adding $2,440 every year, while hoping to spend $27,671 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: 64/13/23 Blend
44$800,000$800,000$800,000$800,000
45$884,117$841,717$829,317$935,268
46$944,855$853,519$827,657$981,856
47$1,010,861$864,973$825,015$1,029,416
48$1,082,643$876,030$821,327$1,080,750
49$1,160,760$886,643$816,529$1,136,230
50$1,245,827$896,759$810,552$1,196,265
51$1,338,522$906,319$803,325$1,261,310
52$1,439,587$915,266$794,773$1,331,863
53$1,549,845$923,533$784,818$1,408,475
54$1,670,197$931,054$773,377$1,491,754
55$1,801,635$937,754$760,364$1,582,370
56$1,945,255$943,557$745,689$1,681,062
57$2,102,259$948,380$729,257$1,788,646
58$2,273,973$952,134$710,971$1,906,021
59$2,461,857$954,726$690,727$2,034,180
60$2,667,516$956,058$668,416$2,174,216
61$2,892,721$956,024$643,927$2,327,336
62$3,139,420$954,510$617,140$2,494,872
63$3,409,760$951,400$587,932$2,678,291
64$3,706,102$946,566$556,175$2,879,212
65$4,031,051$939,874$521,734$3,099,421
66$4,387,473$931,182$484,466$3,340,887
67$4,778,525$920,340$444,226$3,605,781
68$5,207,686$907,188$400,859$3,896,499
69$5,678,787$891,557$354,204$4,215,680
70$6,196,047$873,267$304,094$4,566,238
71$6,764,115$852,128$250,352$4,951,383
72$7,388,112$827,940$192,797$5,374,656
73$8,073,681$800,490$131,236$5,839,961
74$8,827,034$769,552$65,471$6,351,605
75$9,655,019$734,888$0$6,914,333
76$10,565,180$696,246$0$7,534,536
77$11,565,825$653,358$0$8,234,050
78$12,666,110$605,944$0$9,003,209
79$13,876,122$553,704$0$9,849,086
80$15,206,975$496,324$0$10,779,476
81$16,670,912$433,470$0$11,802,969
82$18,281,425$364,790$0$12,929,031
83$20,053,378$289,913$0$14,168,095
84$22,003,149$208,444$0$15,531,656
85$24,148,782$119,970$0$17,032,386
86$26,510,162$24,052$0$18,684,247
87$29,109,195$0$0$20,502,627
88$31,970,022$0$0$22,515,896
89$35,119,242$0$0$24,735,972
90$38,586,163$0$0$27,180,085
91$42,403,080$0$0$29,871,011
92$46,605,578$0$0$32,833,845
93$51,232,868$0$0$36,096,242
94$56,328,158$0$0$39,688,674
95$61,939,058$0$0$43,644,718
96$68,118,031$0$0$48,001,374
97$74,922,886$0$0$52,799,414
98$82,417,326$0$0$58,083,763
99$90,671,547$0$0$63,903,929
100$99,762,899$0$0$70,314,464