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%19.7%
1 years$66,063$65,475$64,901$64,340$63,793$61,310
2 years$32,705$32,095$31,505$30,933$30,378$27,906
3 years$21,586$20,975$20,386$19,819$19,273$16,891
4 years$16,029$15,419$14,836$14,278$13,746$11,471
5 years$12,695$12,088$11,513$10,967$10,449$8,288
6 years$10,473$9,871$9,304$8,771$8,268$6,221
7 years$8,886$8,290$7,732$7,211$6,724$4,791
8 years$7,697$7,106$6,557$6,049$5,578$3,757
9 years$6,773$6,187$5,648$5,152$4,698$2,986
10 years$6,033$5,453$4,924$4,441$4,003$2,397
11 years$5,429$4,855$4,335$3,865$3,442$1,939
12 years$4,926$4,357$3,847$3,390$2,983$1,578
13 years$4,500$3,938$3,437$2,993$2,601$1,291
14 years$4,136$3,579$3,088$2,657$2,280$1,060
15 years$3,820$3,270$2,788$2,370$2,008$873
16 years$3,544$3,000$2,528$2,122$1,775$721
17 years$3,301$2,763$2,300$1,906$1,573$596
18 years$3,085$2,553$2,100$1,718$1,399$494
19 years$2,892$2,366$1,922$1,552$1,247$410
20 years$2,719$2,199$1,764$1,406$1,114$341
21 years$2,562$2,048$1,623$1,276$997$283
22 years$2,420$1,912$1,496$1,160$893$236
23 years$2,290$1,788$1,381$1,057$802$196
24 years$2,172$1,675$1,277$964$721$164
25 years$2,063$1,572$1,183$880$649$136
26 years$1,962$1,478$1,097$805$584$114
27 years$1,869$1,391$1,019$737$527$95
28 years$1,783$1,310$947$675$475$79
29 years$1,703$1,236$881$619$429$66
30 years$1,628$1,167$821$568$388$55
31 years$1,559$1,104$765$522$351$46
32 years$1,494$1,044$714$479$317$38
33 years$1,433$989$667$441$287$32
34 years$1,375$937$623$406$260$27
35 years$1,321$889$582$373$235$22
36 years$1,271$844$545$344$213$19
37 years$1,223$801$510$317$193$16
38 years$1,177$762$478$292$175$13
39 years$1,134$724$447$269$159$11
40 years$1,094$689$419$248$144$9
41 years$1,055$656$393$229$131$8
42 years$1,019$625$369$211$119$6
43 years$984$595$346$195$108$5
44 years$951$567$325$180$98$4
45 years$919$541$305$166$89$4
46 years$889$516$287$154$81$3
47 years$860$492$269$142$73$3
48 years$833$470$253$131$66$2
49 years$806$449$238$121$60$2
50 years$781$429$224$112$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $800,000, adding $5,592 every year, while hoping to spend $40,572 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: 63/12/25 Blend
44$800,000$800,000$800,000$800,000
45$887,368$844,968$832,568$937,091
46$934,711$843,203$817,291$969,632
47$985,524$839,992$800,142$1,000,181
48$1,040,117$835,221$781,016$1,032,650
49$1,098,831$828,769$759,803$1,067,234
50$1,162,042$820,509$736,386$1,104,146
51$1,230,161$810,305$710,646$1,143,623
52$1,303,640$798,012$682,455$1,185,931
53$1,382,976$783,480$651,682$1,231,359
54$1,468,715$766,546$618,189$1,280,231
55$1,561,456$747,039$581,831$1,332,905
56$1,661,860$724,779$542,457$1,389,777
57$1,770,650$699,574$499,910$1,451,286
58$1,888,625$671,221$454,025$1,517,916
59$2,016,660$639,506$404,630$1,590,206
60$2,155,719$604,202$351,545$1,668,749
61$2,306,863$565,069$294,583$1,754,204
62$2,471,259$521,853$233,547$1,847,297
63$2,650,190$474,286$168,233$1,948,834
64$2,845,067$422,084$98,428$2,059,703
65$3,057,446$364,948$23,907$2,180,889
66$3,289,037$302,562$0$2,313,480
67$3,541,720$234,589$0$2,473,513
68$3,817,570$160,678$0$2,655,251
69$4,118,866$80,455$0$2,853,847
70$4,448,119$0$0$3,070,992
71$4,808,094$0$0$3,309,409
72$5,201,833$0$0$3,581,864
73$5,632,688$0$0$3,880,058
74$6,104,348$0$0$4,206,552
75$6,620,878$0$0$4,564,167
76$7,186,751$0$0$4,956,008
77$7,806,895$0$0$5,385,496
78$8,486,738$0$0$5,856,396
79$9,232,255$0$0$6,372,857
80$10,050,032$0$0$6,939,450
81$10,947,318$0$0$7,561,206
82$11,932,102$0$0$8,243,671
83$13,013,180$0$0$8,992,951
84$14,200,244$0$0$9,815,772
85$15,503,970$0$0$10,719,546
86$16,936,118$0$0$11,712,436
87$18,509,644$0$0$12,803,434
88$20,238,820$0$0$14,002,449
89$22,139,369$0$0$15,320,395
90$24,228,614$0$0$16,769,296
91$26,525,639$0$0$18,362,402
92$29,051,471$0$0$20,114,307
93$31,829,275$0$0$22,041,094
94$34,884,572$0$0$24,160,479
95$38,245,485$0$0$26,491,984
96$41,942,996$0$0$29,057,117
97$46,011,241$0$0$31,879,577
98$50,487,834$0$0$34,985,475
99$55,414,218$0$0$38,403,581
100$60,836,057$0$0$42,165,595