Can I retire at age 45 with 801,000?

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 $801,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$66,146$65,557$64,982$64,421$63,873$62,712
2 years$32,745$32,136$31,545$30,972$30,416$29,250
3 years$21,613$21,001$20,411$19,844$19,297$18,163
4 years$16,049$15,438$14,854$14,296$13,763$12,669
5 years$12,710$12,104$11,528$10,981$10,462$9,412
6 years$10,486$9,883$9,316$8,782$8,278$7,273
7 years$8,897$8,300$7,742$7,220$6,733$5,773
8 years$7,707$7,115$6,565$6,056$5,585$4,670
9 years$6,781$6,195$5,655$5,159$4,704$3,833
10 years$6,041$5,460$4,930$4,447$4,008$3,180
11 years$5,436$4,861$4,340$3,870$3,447$2,662
12 years$4,932$4,363$3,852$3,395$2,987$2,244
13 years$4,506$3,943$3,441$2,997$2,605$1,902
14 years$4,141$3,584$3,092$2,660$2,283$1,620
15 years$3,825$3,274$2,792$2,373$2,010$1,384
16 years$3,549$3,004$2,531$2,124$1,777$1,187
17 years$3,305$2,766$2,303$1,909$1,575$1,021
18 years$3,089$2,556$2,103$1,720$1,401$880
19 years$2,896$2,369$1,925$1,554$1,249$760
20 years$2,722$2,202$1,767$1,408$1,115$657
21 years$2,565$2,051$1,625$1,278$998$569
22 years$2,423$1,914$1,498$1,162$895$494
23 years$2,293$1,790$1,383$1,058$803$429
24 years$2,174$1,677$1,279$965$722$372
25 years$2,065$1,574$1,184$881$649$324
26 years$1,964$1,479$1,098$806$585$282
27 years$1,871$1,392$1,020$737$527$245
28 years$1,785$1,312$948$676$476$214
29 years$1,705$1,238$882$620$430$186
30 years$1,630$1,169$822$569$388$162
31 years$1,561$1,105$766$522$351$142
32 years$1,496$1,046$715$480$318$124
33 years$1,434$990$668$441$287$108
34 years$1,377$938$624$406$260$94
35 years$1,323$890$583$374$236$82
36 years$1,272$845$546$344$214$72
37 years$1,224$802$511$317$194$63
38 years$1,179$763$478$292$175$55
39 years$1,136$725$448$270$159$48
40 years$1,095$690$420$249$144$42
41 years$1,056$657$394$229$131$36
42 years$1,020$625$369$212$119$32
43 years$985$596$347$195$108$28
44 years$952$568$325$180$98$24
45 years$920$542$305$167$89$21
46 years$890$517$287$154$81$19
47 years$861$493$270$142$73$16
48 years$834$471$253$131$67$14
49 years$807$450$238$121$60$12
50 years$782$429$224$112$55$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $801,000, adding $5,797 every year, while hoping to spend $42,023 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: 53/26/21 Blend
44$801,000$801,000$801,000$801,000
45$888,682$846,229$833,813$930,369
46$934,615$842,982$817,034$956,412
47$983,825$838,167$798,284$979,875
48$1,036,602$831,664$777,453$1,004,513
49$1,093,263$823,344$754,426$1,030,450
50$1,154,159$813,070$729,081$1,057,828
51$1,219,671$800,698$701,293$1,086,803
52$1,290,220$786,075$670,930$1,117,552
53$1,366,269$769,040$637,853$1,150,269
54$1,448,325$749,419$601,917$1,185,174
55$1,536,946$727,033$562,973$1,222,509
56$1,632,745$701,687$520,863$1,262,546
57$1,736,394$673,179$475,421$1,305,587
58$1,848,634$641,293$426,475$1,351,969
59$1,970,279$605,801$373,847$1,402,066
60$2,102,225$566,462$317,348$1,456,294
61$2,245,454$523,021$256,782$1,515,116
62$2,401,050$475,209$191,944$1,579,047
63$2,570,204$422,741$122,620$1,648,658
64$2,754,225$365,315$48,588$1,724,584
65$2,954,555$302,615$0$1,807,529
66$3,172,780$234,303$0$1,905,092
67$3,410,644$160,025$0$2,023,385
68$3,670,070$79,406$0$2,152,531
69$3,953,170$0$0$2,293,654
70$4,262,272$0$0$2,450,274
71$4,599,938$0$0$2,646,258
72$4,968,988$0$0$2,860,533
73$5,372,526$0$0$3,094,911
74$5,813,971$0$0$3,351,388
75$6,297,087$0$0$3,632,161
76$6,826,019$0$0$3,939,649
77$7,405,330$0$0$4,276,516
78$8,040,048$0$0$4,645,697
79$8,735,707$0$0$5,050,423
80$9,498,404$0$0$5,494,254
81$10,334,853$0$0$5,981,109
82$11,252,450$0$0$6,515,306
83$12,259,340$0$0$7,101,601
84$13,364,496$0$0$7,745,233
85$14,577,801$0$0$8,451,972
86$15,910,141$0$0$9,228,175
87$17,373,511$0$0$10,080,845
88$18,981,122$0$0$11,017,697
89$20,747,527$0$0$12,047,229
90$22,688,761$0$0$13,178,803
91$24,822,489$0$0$14,422,734
92$27,168,169$0$0$15,790,388
93$29,747,244$0$0$17,294,282
94$32,583,333$0$0$18,948,212
95$35,702,463$0$0$20,767,375
96$39,133,306$0$0$22,768,515
97$42,907,455$0$0$24,970,083
98$47,059,717$0$0$27,392,404
99$51,628,445$0$0$30,057,876
100$56,655,895$0$0$32,991,177