Can I retire at age 45 with 802,000?

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 $802,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$66,228$65,638$65,063$64,501$63,953$63,049
2 years$32,786$32,176$31,584$31,010$30,454$29,545
3 years$21,640$21,027$20,437$19,869$19,321$18,436
4 years$16,069$15,457$14,873$14,314$13,780$12,925
5 years$12,726$12,119$11,542$10,995$10,475$9,652
6 years$10,499$9,896$9,328$8,792$8,289$7,499
7 years$8,909$8,310$7,751$7,229$6,741$5,985
8 years$7,716$7,124$6,574$6,064$5,592$4,870
9 years$6,789$6,202$5,662$5,165$4,710$4,021
10 years$6,048$5,467$4,936$4,452$4,013$3,357
11 years$5,443$4,867$4,346$3,875$3,451$2,828
12 years$4,938$4,368$3,857$3,399$2,991$2,399
13 years$4,511$3,948$3,446$3,001$2,608$2,047
14 years$4,146$3,588$3,096$2,664$2,286$1,754
15 years$3,830$3,278$2,795$2,376$2,013$1,510
16 years$3,553$3,008$2,534$2,127$1,779$1,304
17 years$3,309$2,770$2,306$1,911$1,577$1,129
18 years$3,093$2,559$2,105$1,722$1,402$980
19 years$2,900$2,372$1,927$1,556$1,250$853
20 years$2,726$2,204$1,769$1,409$1,117$743
21 years$2,569$2,053$1,627$1,279$999$649
22 years$2,426$1,917$1,499$1,163$896$567
23 years$2,296$1,793$1,384$1,059$804$496
24 years$2,177$1,679$1,280$966$723$434
25 years$2,068$1,576$1,186$882$650$381
26 years$1,967$1,481$1,100$807$586$334
27 years$1,874$1,394$1,021$738$528$293
28 years$1,787$1,314$949$677$477$257
29 years$1,707$1,239$884$620$430$226
30 years$1,633$1,170$823$569$389$199
31 years$1,563$1,106$767$523$351$175
32 years$1,497$1,047$716$481$318$154
33 years$1,436$991$668$442$288$135
34 years$1,379$940$625$407$261$119
35 years$1,325$891$584$374$236$105
36 years$1,274$846$546$345$214$92
37 years$1,226$803$511$318$194$81
38 years$1,180$764$479$293$176$72
39 years$1,137$726$449$270$159$63
40 years$1,096$691$420$249$144$56
41 years$1,058$658$394$230$131$49
42 years$1,021$626$370$212$119$43
43 years$986$597$347$196$108$38
44 years$953$569$326$181$98$34
45 years$921$542$306$167$89$30
46 years$891$517$287$154$81$26
47 years$862$494$270$142$73$23
48 years$835$471$254$132$67$20
49 years$808$450$238$122$60$18
50 years$783$430$224$112$55$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $802,000, adding $6,254 every year, while hoping to spend $59,336 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: 66/22/12 Blend
44$802,000$802,000$802,000$802,000
45$890,255$847,749$835,318$946,210
46$917,928$826,156$800,168$962,709
47$946,435$801,516$761,852$973,167
48$975,798$773,617$720,201$983,088
49$1,006,041$742,235$675,039$992,415
50$1,037,185$707,133$626,181$1,001,086
51$1,069,255$668,059$573,435$1,009,037
52$1,102,274$624,749$516,600$1,016,199
53$1,136,265$576,921$455,465$1,022,498
54$1,171,252$524,279$389,812$1,027,857
55$1,207,260$466,508$319,410$1,032,192
56$1,244,311$403,278$244,021$1,035,414
57$1,282,430$334,237$163,395$1,037,429
58$1,321,639$259,016$77,270$1,038,136
59$1,361,963$177,225$0$1,037,428
60$1,403,423$88,449$0$1,037,066
61$1,446,042$0$0$1,045,735
62$1,489,842$0$0$1,055,316
63$1,534,843$0$0$1,087,155
64$1,581,065$0$0$1,119,855
65$1,628,525$0$0$1,153,426
66$1,677,242$0$0$1,187,881
67$1,727,230$0$0$1,223,230
68$1,778,503$0$0$1,259,482
69$1,831,071$0$0$1,296,642
70$1,884,942$0$0$1,334,717
71$1,940,122$0$0$1,373,709
72$1,996,612$0$0$1,413,618
73$2,054,409$0$0$1,454,441
74$2,113,508$0$0$1,496,172
75$2,173,896$0$0$1,538,801
76$2,235,554$0$0$1,582,313
77$2,298,460$0$0$1,626,690
78$2,362,580$0$0$1,671,908
79$2,427,875$0$0$1,717,936
80$2,494,297$0$0$1,764,736
81$2,561,785$0$0$1,812,265
82$2,630,268$0$0$1,860,469
83$2,699,663$0$0$1,909,285
84$2,769,871$0$0$1,958,640
85$2,840,778$0$0$2,008,450
86$2,912,251$0$0$2,058,616
87$2,984,138$0$0$2,109,026
88$3,056,266$0$0$2,159,552
89$3,128,434$0$0$2,210,047
90$3,200,417$0$0$2,260,344
91$3,271,959$0$0$2,310,254
92$3,342,768$0$0$2,359,566
93$3,412,517$0$0$2,408,037
94$3,480,837$0$0$2,455,399
95$3,547,314$0$0$2,501,346
96$3,611,482$0$0$2,545,537
97$3,672,818$0$0$2,587,592
98$3,730,739$0$0$2,627,082
99$3,784,592$0$0$2,663,529
100$3,833,647$0$0$2,696,402