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%15.1%
1 years$66,228$65,638$65,063$64,501$63,953$62,610
2 years$32,786$32,176$31,584$31,010$30,454$29,107
3 years$21,640$21,027$20,437$19,869$19,321$18,013
4 years$16,069$15,457$14,873$14,314$13,780$12,520
5 years$12,726$12,119$11,542$10,995$10,475$9,268
6 years$10,499$9,896$9,328$8,792$8,289$7,134
7 years$8,909$8,310$7,751$7,229$6,741$5,640
8 years$7,716$7,124$6,574$6,064$5,592$4,544
9 years$6,789$6,202$5,662$5,165$4,710$3,714
10 years$6,048$5,467$4,936$4,452$4,013$3,069
11 years$5,443$4,867$4,346$3,875$3,451$2,557
12 years$4,938$4,368$3,857$3,399$2,991$2,146
13 years$4,511$3,948$3,446$3,001$2,608$1,810
14 years$4,146$3,588$3,096$2,664$2,286$1,534
15 years$3,830$3,278$2,795$2,376$2,013$1,305
16 years$3,553$3,008$2,534$2,127$1,779$1,114
17 years$3,309$2,770$2,306$1,911$1,577$953
18 years$3,093$2,559$2,105$1,722$1,402$817
19 years$2,900$2,372$1,927$1,556$1,250$702
20 years$2,726$2,204$1,769$1,409$1,117$604
21 years$2,569$2,053$1,627$1,279$999$520
22 years$2,426$1,917$1,499$1,163$896$449
23 years$2,296$1,793$1,384$1,059$804$388
24 years$2,177$1,679$1,280$966$723$335
25 years$2,068$1,576$1,186$882$650$290
26 years$1,967$1,481$1,100$807$586$251
27 years$1,874$1,394$1,021$738$528$217
28 years$1,787$1,314$949$677$477$188
29 years$1,707$1,239$884$620$430$163
30 years$1,633$1,170$823$569$389$141
31 years$1,563$1,106$767$523$351$122
32 years$1,497$1,047$716$481$318$106
33 years$1,436$991$668$442$288$92
34 years$1,379$940$625$407$261$80
35 years$1,325$891$584$374$236$69
36 years$1,274$846$546$345$214$60
37 years$1,226$803$511$318$194$52
38 years$1,180$764$479$293$176$45
39 years$1,137$726$449$270$159$39
40 years$1,096$691$420$249$144$34
41 years$1,058$658$394$230$131$30
42 years$1,021$626$370$212$119$26
43 years$986$597$347$196$108$22
44 years$953$569$326$181$98$19
45 years$921$542$306$167$89$17
46 years$891$517$287$154$81$15
47 years$862$494$270$142$73$13
48 years$835$471$254$132$67$11
49 years$808$450$238$122$60$10
50 years$783$430$224$112$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $802,000, adding $5,048 every year, while hoping to spend $28,584 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: 42/46/12 Blend
44$802,000$802,000$802,000$802,000
45$889,011$846,505$834,074$923,023
46$949,277$857,571$831,602$958,421
47$1,014,732$868,220$828,090$993,487
48$1,085,875$878,404$823,471$1,030,824
49$1,163,256$888,067$817,679$1,070,654
50$1,247,478$897,152$810,641$1,113,220
51$1,339,206$905,598$802,283$1,158,789
52$1,439,172$913,339$792,526$1,207,660
53$1,548,180$920,305$781,288$1,260,161
54$1,667,117$926,422$768,484$1,316,657
55$1,796,957$931,612$754,023$1,377,548
56$1,938,775$935,789$737,811$1,443,280
57$2,093,752$938,864$719,749$1,514,344
58$2,263,189$940,743$699,735$1,591,284
59$2,448,518$941,323$677,660$1,674,701
60$2,651,317$940,499$653,412$1,765,259
61$2,873,323$938,155$626,873$1,863,692
62$3,116,449$934,171$597,920$1,970,813
63$3,382,799$928,418$566,423$2,087,517
64$3,674,694$920,759$532,247$2,214,797
65$3,994,688$911,052$495,253$2,353,746
66$4,345,594$899,142$455,292$2,505,577
67$4,730,512$884,867$412,211$2,671,624
68$5,152,853$868,054$365,850$2,853,366
69$5,616,378$848,523$316,040$3,052,433
70$6,125,228$826,080$262,606$3,270,628
71$6,683,963$800,520$205,365$3,509,941
72$7,297,610$771,627$144,127$3,772,569
73$7,971,702$739,173$78,692$4,060,939
74$8,712,339$702,916$8,851$4,377,731
75$9,526,237$662,599$0$4,725,905
76$10,420,799$617,951$0$5,117,137
77$11,404,176$568,687$0$5,548,378
78$12,485,352$514,503$0$6,022,507
79$13,674,224$455,079$0$6,543,949
80$14,981,695$390,078$0$7,117,587
81$16,419,777$319,141$0$7,748,810
82$18,001,708$241,892$0$8,443,560
83$19,742,069$157,932$0$9,208,395
84$21,656,930$66,840$0$10,050,548
85$23,763,993$0$0$10,978,000
86$26,082,765$0$0$12,015,662
87$28,634,739$0$0$13,195,038
88$31,443,598$0$0$14,493,255
89$34,535,436$0$0$15,922,388
90$37,939,007$0$0$17,495,744
91$41,685,992$0$0$19,227,984
92$45,811,301$0$0$21,135,265
93$50,353,402$0$0$23,235,388
94$55,354,681$0$0$25,547,969
95$60,861,846$0$0$28,094,625
96$66,926,363$0$0$30,899,174
97$73,604,944$0$0$33,987,862
98$80,960,081$0$0$37,389,611
99$89,060,636$0$0$41,136,290
100$97,982,491$0$0$45,263,018