Can I retire at age 45 with 800,000?

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 $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%16.4%
1 years$66,063$65,475$64,901$64,340$63,793$62,125
2 years$32,705$32,095$31,505$30,933$30,378$28,708
3 years$21,586$20,975$20,386$19,819$19,273$17,655
4 years$16,029$15,419$14,836$14,278$13,746$12,191
5 years$12,695$12,088$11,513$10,967$10,449$8,962
6 years$10,473$9,871$9,304$8,771$8,268$6,851
7 years$8,886$8,290$7,732$7,211$6,724$5,376
8 years$7,697$7,106$6,557$6,049$5,578$4,299
9 years$6,773$6,187$5,648$5,152$4,698$3,486
10 years$6,033$5,453$4,924$4,441$4,003$2,857
11 years$5,429$4,855$4,335$3,865$3,442$2,361
12 years$4,926$4,357$3,847$3,390$2,983$1,964
13 years$4,500$3,938$3,437$2,993$2,601$1,643
14 years$4,136$3,579$3,088$2,657$2,280$1,380
15 years$3,820$3,270$2,788$2,370$2,008$1,164
16 years$3,544$3,000$2,528$2,122$1,775$984
17 years$3,301$2,763$2,300$1,906$1,573$834
18 years$3,085$2,553$2,100$1,718$1,399$708
19 years$2,892$2,366$1,922$1,552$1,247$602
20 years$2,719$2,199$1,764$1,406$1,114$513
21 years$2,562$2,048$1,623$1,276$997$438
22 years$2,420$1,912$1,496$1,160$893$374
23 years$2,290$1,788$1,381$1,057$802$320
24 years$2,172$1,675$1,277$964$721$273
25 years$2,063$1,572$1,183$880$649$234
26 years$1,962$1,478$1,097$805$584$200
27 years$1,869$1,391$1,019$737$527$172
28 years$1,783$1,310$947$675$475$147
29 years$1,703$1,236$881$619$429$126
30 years$1,628$1,167$821$568$388$108
31 years$1,559$1,104$765$522$351$93
32 years$1,494$1,044$714$479$317$80
33 years$1,433$989$667$441$287$68
34 years$1,375$937$623$406$260$59
35 years$1,321$889$582$373$235$50
36 years$1,271$844$545$344$213$43
37 years$1,223$801$510$317$193$37
38 years$1,177$762$478$292$175$32
39 years$1,134$724$447$269$159$27
40 years$1,094$689$419$248$144$23
41 years$1,055$656$393$229$131$20
42 years$1,019$625$369$211$119$17
43 years$984$595$346$195$108$15
44 years$951$567$325$180$98$13
45 years$919$541$305$166$89$11
46 years$889$516$287$154$81$9
47 years$860$492$269$142$73$8
48 years$833$470$253$131$66$7
49 years$806$449$238$121$60$6
50 years$781$429$224$112$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $800,000, adding $2,087 every year, while hoping to spend $41,121 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: 64/22/14 Blend
44$800,000$800,000$800,000$800,000
45$883,753$841,353$828,953$937,228
46$930,143$838,827$812,970$970,757
47$979,887$834,798$795,074$1,002,433
48$1,033,283$829,151$775,157$1,036,022
49$1,090,660$821,761$753,106$1,071,711
50$1,152,376$812,496$728,804$1,109,706
51$1,218,826$801,217$702,127$1,150,235
52$1,290,446$787,776$672,948$1,193,553
53$1,367,710$772,016$641,131$1,239,940
54$1,451,144$753,771$606,535$1,289,705
55$1,541,321$732,867$569,014$1,343,195
56$1,638,874$709,116$528,415$1,400,789
57$1,744,498$682,321$484,576$1,462,909
58$1,858,958$652,276$437,330$1,530,021
59$1,983,092$618,758$386,501$1,602,643
60$2,117,826$581,536$331,908$1,681,345
61$2,264,175$540,362$273,357$1,766,760
62$2,423,257$494,976$210,651$1,859,587
63$2,596,302$445,102$143,580$1,960,601
64$2,784,662$390,450$71,928$2,070,656
65$2,989,827$330,711$0$2,190,699
66$3,213,434$265,560$0$2,322,455
67$3,457,286$194,654$0$2,477,911
68$3,723,367$117,631$0$2,647,629
69$4,013,863$34,106$0$2,833,059
70$4,331,176$0$0$3,035,804
71$4,677,954$0$0$3,271,268
72$5,057,110$0$0$3,537,798
73$5,471,854$0$0$3,829,399
74$5,925,718$0$0$4,148,561
75$6,422,591$0$0$4,498,028
76$6,966,758$0$0$4,880,819
77$7,562,935$0$0$5,300,261
78$8,216,317$0$0$5,760,016
79$8,932,627$0$0$6,264,119
80$9,718,164$0$0$6,817,013
81$10,579,871$0$0$7,423,591
82$11,525,390$0$0$8,089,245
83$12,563,144$0$0$8,819,911
84$13,702,406$0$0$9,622,130
85$14,953,395$0$0$10,503,108
86$16,327,365$0$0$11,470,780
87$17,836,714$0$0$12,533,889
88$19,495,102$0$0$13,702,068
89$21,317,575$0$0$14,985,928
90$23,320,711$0$0$16,397,158
91$25,522,772$0$0$17,948,638
92$27,943,878$0$0$19,654,556
93$30,606,198$0$0$21,530,545
94$33,534,154$0$0$23,593,829
95$36,754,654$0$0$25,863,383
96$40,297,345$0$0$28,360,116
97$44,194,894$0$0$31,107,064
98$48,483,289$0$0$34,129,608
99$53,202,187$0$0$37,455,715
100$58,395,281$0$0$41,116,198