Can I retire at age 45 with 801,000?

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 $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%16.5%
1 years$66,146$65,557$64,982$64,421$63,873$62,177
2 years$32,745$32,136$31,545$30,972$30,416$28,719
3 years$21,613$21,001$20,411$19,844$19,297$17,653
4 years$16,049$15,438$14,854$14,296$13,763$12,184
5 years$12,710$12,104$11,528$10,981$10,462$8,952
6 years$10,486$9,883$9,316$8,782$8,278$6,839
7 years$8,897$8,300$7,742$7,220$6,733$5,364
8 years$7,707$7,115$6,565$6,056$5,585$4,287
9 years$6,781$6,195$5,655$5,159$4,704$3,474
10 years$6,041$5,460$4,930$4,447$4,008$2,846
11 years$5,436$4,861$4,340$3,870$3,447$2,350
12 years$4,932$4,363$3,852$3,395$2,987$1,954
13 years$4,506$3,943$3,441$2,997$2,605$1,633
14 years$4,141$3,584$3,092$2,660$2,283$1,371
15 years$3,825$3,274$2,792$2,373$2,010$1,155
16 years$3,549$3,004$2,531$2,124$1,777$976
17 years$3,305$2,766$2,303$1,909$1,575$826
18 years$3,089$2,556$2,103$1,720$1,401$701
19 years$2,896$2,369$1,925$1,554$1,249$596
20 years$2,722$2,202$1,767$1,408$1,115$508
21 years$2,565$2,051$1,625$1,278$998$433
22 years$2,423$1,914$1,498$1,162$895$369
23 years$2,293$1,790$1,383$1,058$803$315
24 years$2,174$1,677$1,279$965$722$269
25 years$2,065$1,574$1,184$881$649$230
26 years$1,964$1,479$1,098$806$585$197
27 years$1,871$1,392$1,020$737$527$169
28 years$1,785$1,312$948$676$476$145
29 years$1,705$1,238$882$620$430$124
30 years$1,630$1,169$822$569$388$106
31 years$1,561$1,105$766$522$351$91
32 years$1,496$1,046$715$480$318$78
33 years$1,434$990$668$441$287$67
34 years$1,377$938$624$406$260$57
35 years$1,323$890$583$374$236$49
36 years$1,272$845$546$344$214$42
37 years$1,224$802$511$317$194$36
38 years$1,179$763$478$292$175$31
39 years$1,136$725$448$270$159$27
40 years$1,095$690$420$249$144$23
41 years$1,056$657$394$229$131$20
42 years$1,020$625$369$212$119$17
43 years$985$596$347$195$108$14
44 years$952$568$325$180$98$12
45 years$920$542$305$167$89$11
46 years$890$517$287$154$81$9
47 years$861$493$270$142$73$8
48 years$834$471$253$131$67$7
49 years$807$450$238$121$60$6
50 years$782$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 $801,000, adding $2,541 every year, while hoping to spend $28,793 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: 47/32/21 Blend
44$801,000$801,000$801,000$801,000
45$885,323$842,870$830,455$921,531
46$944,990$853,535$827,639$957,754
47$1,009,779$863,758$823,765$993,970
48$1,080,180$873,486$818,765$1,032,684
49$1,156,736$882,664$812,571$1,074,144
50$1,240,041$891,233$805,110$1,118,623
51$1,330,751$899,129$796,307$1,166,423
52$1,429,587$906,285$786,082$1,217,876
53$1,537,341$912,629$774,352$1,273,353
54$1,654,887$918,085$761,030$1,333,259
55$1,783,186$922,572$746,025$1,398,048
56$1,923,296$926,003$729,242$1,468,215
57$2,076,381$928,286$710,581$1,544,313
58$2,243,724$929,324$689,937$1,626,951
59$2,426,735$929,012$667,201$1,716,799
60$2,626,969$927,241$642,259$1,814,603
61$2,846,137$923,893$614,993$1,921,183
62$3,086,124$918,845$585,276$2,037,446
63$3,349,005$911,964$552,978$2,164,395
64$3,637,064$903,111$517,964$2,303,136
65$3,952,819$892,138$480,090$2,454,894
66$4,299,041$878,888$439,208$2,621,019
67$4,678,784$863,194$395,162$2,803,002
68$5,095,409$844,880$347,789$3,002,490
69$5,552,621$823,759$296,920$3,221,303
70$6,054,499$799,634$242,378$3,461,449
71$6,605,537$772,295$183,977$3,725,146
72$7,210,686$741,522$121,524$4,014,840
73$7,875,399$707,079$54,818$4,333,234
74$8,605,683$668,719$0$4,683,312
75$9,408,156$626,179$0$5,072,033
76$10,290,109$579,183$0$5,512,709
77$11,259,574$527,438$0$5,997,105
78$12,325,401$470,633$0$6,529,702
79$13,497,339$408,441$0$7,115,438
80$14,786,129$340,516$0$7,759,759
81$16,203,606$266,492$0$8,468,674
82$17,762,807$185,984$0$9,248,804
83$19,478,101$98,584$0$10,107,453
84$21,365,313$3,862$0$11,052,674
85$23,441,886$0$0$12,093,348
86$25,727,034$0$0$13,273,998
87$28,241,931$0$0$14,574,956
88$31,009,906$0$0$16,006,941
89$34,056,664$0$0$17,583,268
90$37,410,529$0$0$19,318,603
91$41,102,711$0$0$21,229,111
92$45,167,599$0$0$23,332,601
93$49,643,087$0$0$25,648,698
94$54,570,930$0$0$28,199,026
95$59,997,135$0$0$31,007,414
96$65,972,403$0$0$34,100,118
97$72,552,599$0$0$37,506,071
98$79,799,281$0$0$41,257,155
99$87,780,284$0$0$45,388,502
100$96,570,355$0$0$49,938,825