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%17.6%
1 years$66,228$65,638$65,063$64,501$63,953$61,980
2 years$32,786$32,176$31,584$31,010$30,454$28,483
3 years$21,640$21,027$20,437$19,869$19,321$17,415
4 years$16,069$15,457$14,873$14,314$13,780$11,953
5 years$12,726$12,119$11,542$10,995$10,475$8,732
6 years$10,499$9,896$9,328$8,792$8,289$6,631
7 years$8,909$8,310$7,751$7,229$6,741$5,168
8 years$7,716$7,124$6,574$6,064$5,592$4,104
9 years$6,789$6,202$5,662$5,165$4,710$3,304
10 years$6,048$5,467$4,936$4,452$4,013$2,687
11 years$5,443$4,867$4,346$3,875$3,451$2,204
12 years$4,938$4,368$3,857$3,399$2,991$1,819
13 years$4,511$3,948$3,446$3,001$2,608$1,509
14 years$4,146$3,588$3,096$2,664$2,286$1,257
15 years$3,830$3,278$2,795$2,376$2,013$1,051
16 years$3,553$3,008$2,534$2,127$1,779$881
17 years$3,309$2,770$2,306$1,911$1,577$740
18 years$3,093$2,559$2,105$1,722$1,402$623
19 years$2,900$2,372$1,927$1,556$1,250$525
20 years$2,726$2,204$1,769$1,409$1,117$444
21 years$2,569$2,053$1,627$1,279$999$375
22 years$2,426$1,917$1,499$1,163$896$317
23 years$2,296$1,793$1,384$1,059$804$269
24 years$2,177$1,679$1,280$966$723$227
25 years$2,068$1,576$1,186$882$650$193
26 years$1,967$1,481$1,100$807$586$164
27 years$1,874$1,394$1,021$738$528$139
28 years$1,787$1,314$949$677$477$118
29 years$1,707$1,239$884$620$430$100
30 years$1,633$1,170$823$569$389$85
31 years$1,563$1,106$767$523$351$72
32 years$1,497$1,047$716$481$318$61
33 years$1,436$991$668$442$288$52
34 years$1,379$940$625$407$261$44
35 years$1,325$891$584$374$236$38
36 years$1,274$846$546$345$214$32
37 years$1,226$803$511$318$194$27
38 years$1,180$764$479$293$176$23
39 years$1,137$726$449$270$159$20
40 years$1,096$691$420$249$144$17
41 years$1,058$658$394$230$131$14
42 years$1,021$626$370$212$119$12
43 years$986$597$347$196$108$10
44 years$953$569$326$181$98$9
45 years$921$542$306$167$89$7
46 years$891$517$287$154$81$6
47 years$862$494$270$142$73$5
48 years$835$471$254$132$67$5
49 years$808$450$238$122$60$4
50 years$783$430$224$112$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $802,000, adding $3,130 every year, while hoping to spend $28,448 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: 51/34/15 Blend
44$802,000$802,000$802,000$802,000
45$887,033$844,527$832,096$928,497
46$947,241$855,640$829,702$968,397
47$1,012,638$866,344$826,275$1,008,508
48$1,083,722$876,590$821,750$1,051,483
49$1,161,042$886,323$816,059$1,097,603
50$1,245,202$895,486$809,131$1,147,173
51$1,336,866$904,020$800,891$1,200,537
52$1,436,768$911,857$791,262$1,258,068
53$1,545,711$918,931$780,161$1,320,183
54$1,664,581$925,166$767,505$1,387,339
55$1,794,354$930,485$753,202$1,460,044
56$1,936,104$934,805$737,160$1,538,857
57$2,091,011$938,035$719,280$1,624,394
58$2,260,379$940,083$699,460$1,717,339
59$2,445,638$940,848$677,593$1,818,443
60$2,648,367$940,224$653,566$1,928,539
61$2,870,303$938,097$627,262$2,048,543
62$3,113,357$934,347$598,559$2,179,469
63$3,379,638$928,848$567,329$2,322,437
64$3,671,463$921,464$533,437$2,478,680
65$3,991,388$912,052$496,743$2,649,562
66$4,342,227$900,460$457,101$2,836,587
67$4,727,079$886,526$414,359$3,041,416
68$5,149,356$870,082$368,355$3,265,883
69$5,612,820$850,945$318,924$3,512,009
70$6,121,611$828,925$265,892$3,782,028
71$6,680,292$803,819$209,076$4,078,404
72$7,293,888$775,412$148,286$4,403,854
73$7,967,935$743,478$83,324$4,761,379
74$8,708,533$707,776$13,983$5,154,289
75$9,522,399$668,053$0$5,586,236
76$10,416,935$624,040$0$6,070,855
77$11,400,297$575,452$0$6,605,998
78$12,481,468$521,990$0$7,194,367
79$13,670,346$463,336$0$7,841,412
80$14,977,837$399,154$0$8,553,141
81$16,415,954$329,091$0$9,336,180
82$17,997,937$252,772$0$10,197,836
83$19,738,370$169,801$0$11,146,165
84$21,653,323$79,760$0$12,190,049
85$23,760,503$0$0$13,339,282
86$26,079,419$0$0$14,611,318
87$28,631,568$0$0$16,044,233
88$31,440,636$0$0$17,621,496
89$34,532,722$0$0$19,357,774
90$37,936,582$0$0$21,269,227
91$41,683,903$0$0$23,373,662
92$45,809,602$0$0$25,690,701
93$50,352,151$0$0$28,241,965
94$55,353,944$0$0$31,051,279
95$60,861,696$0$0$34,144,895
96$66,926,880$0$0$37,551,741
97$73,606,217$0$0$41,303,693
98$80,962,209$0$0$45,435,877
99$89,063,730$0$0$49,986,999
100$97,986,673$0$0$54,999,711