Can I retire at age 45 with 803,000?

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 $803,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$66,311$65,720$65,144$64,582$64,032$63,709
2 years$32,827$32,216$31,623$31,049$30,492$30,165
3 years$21,667$21,053$20,462$19,893$19,345$19,026
4 years$16,089$15,476$14,891$14,332$13,797$13,487
5 years$12,742$12,134$11,556$11,008$10,488$10,189
6 years$10,512$9,908$9,339$8,803$8,299$8,011
7 years$8,920$8,321$7,761$7,238$6,749$6,472
8 years$7,726$7,132$6,582$6,072$5,599$5,333
9 years$6,798$6,210$5,669$5,172$4,715$4,460
10 years$6,056$5,474$4,942$4,458$4,018$3,773
11 years$5,449$4,873$4,351$3,880$3,455$3,222
12 years$4,944$4,374$3,862$3,403$2,994$2,771
13 years$4,517$3,953$3,450$3,004$2,611$2,398
14 years$4,151$3,593$3,100$2,667$2,289$2,086
15 years$3,834$3,282$2,799$2,379$2,015$1,822
16 years$3,558$3,011$2,538$2,130$1,781$1,598
17 years$3,314$2,773$2,309$1,914$1,579$1,405
18 years$3,097$2,563$2,108$1,724$1,404$1,239
19 years$2,903$2,375$1,930$1,558$1,252$1,095
20 years$2,729$2,207$1,771$1,411$1,118$970
21 years$2,572$2,056$1,629$1,281$1,000$860
22 years$2,429$1,919$1,501$1,165$897$764
23 years$2,299$1,795$1,386$1,061$805$680
24 years$2,180$1,682$1,282$967$724$606
25 years$2,070$1,578$1,187$883$651$540
26 years$1,969$1,483$1,101$808$586$482
27 years$1,876$1,396$1,023$739$529$431
28 years$1,790$1,315$951$677$477$385
29 years$1,709$1,241$885$621$431$344
30 years$1,635$1,172$824$570$389$308
31 years$1,565$1,108$768$524$352$276
32 years$1,499$1,048$717$481$318$247
33 years$1,438$993$669$442$288$221
34 years$1,381$941$625$407$261$199
35 years$1,326$892$585$375$236$178
36 years$1,275$847$547$345$214$160
37 years$1,227$804$512$318$194$143
38 years$1,182$764$479$293$176$129
39 years$1,139$727$449$270$160$115
40 years$1,098$692$421$249$145$104
41 years$1,059$658$395$230$131$93
42 years$1,022$627$370$212$119$84
43 years$987$597$347$196$108$75
44 years$954$569$326$181$98$67
45 years$922$543$306$167$89$61
46 years$892$518$288$154$81$54
47 years$863$494$270$143$73$49
48 years$836$472$254$132$67$44
49 years$809$451$239$122$61$40
50 years$784$430$224$113$55$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $803,000, adding $5,790 every year, while hoping to spend $49,519 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: 81/9/10 Blend
44$803,000$803,000$803,000$803,000
45$890,878$848,319$835,873$961,153
46$929,060$837,199$811,187$996,936
47$969,477$823,874$784,014$1,029,096
48$1,012,304$808,185$754,219$1,062,919
49$1,057,734$789,961$721,660$1,098,544
50$1,105,976$769,022$686,189$1,136,128
51$1,157,260$745,178$647,651$1,175,841
52$1,211,836$718,228$605,883$1,217,871
53$1,269,981$687,959$560,717$1,262,427
54$1,331,994$654,144$511,976$1,309,738
55$1,398,205$616,545$459,476$1,360,056
56$1,468,976$574,909$403,022$1,413,660
57$1,544,702$528,971$342,414$1,470,859
58$1,625,819$478,447$277,441$1,531,991
59$1,712,800$423,039$207,884$1,597,430
60$1,806,171$362,433$133,513$1,667,591
61$1,906,503$296,294$54,088$1,742,928
62$2,014,426$224,272$0$1,823,945
63$2,130,631$145,996$0$1,914,469
64$2,255,877$61,071$0$2,018,212
65$2,390,998$0$0$2,130,102
66$2,536,909$0$0$2,253,976
67$2,694,618$0$0$2,394,418
68$2,865,229$0$0$2,546,367
69$3,049,959$0$0$2,710,908
70$3,250,144$0$0$2,889,234
71$3,467,255$0$0$3,082,656
72$3,702,907$0$0$3,292,617
73$3,958,879$0$0$3,520,704
74$4,237,125$0$0$3,768,660
75$4,539,798$0$0$4,038,407
76$4,869,263$0$0$4,332,056
77$5,228,125$0$0$4,651,932
78$5,619,251$0$0$5,000,593
79$6,045,794$0$0$5,380,853
80$6,511,226$0$0$5,795,810
81$7,019,368$0$0$6,248,876
82$7,574,426$0$0$6,743,805
83$8,181,031$0$0$7,284,728
84$8,844,282$0$0$7,876,198
85$9,569,790$0$0$8,523,222
86$10,363,738$0$0$9,231,318
87$11,232,930$0$0$10,006,560
88$12,184,860$0$0$10,855,636
89$13,227,781$0$0$11,785,913
90$14,370,782$0$0$12,805,503
91$15,623,874$0$0$13,923,339
92$16,998,079$0$0$15,149,263
93$18,505,542$0$0$16,494,112
94$20,159,636$0$0$17,969,824
95$21,975,093$0$0$19,589,548
96$23,968,141$0$0$21,367,768
97$26,156,655$0$0$23,320,438
98$28,560,325$0$0$25,465,136
99$31,200,845$0$0$27,821,223
100$34,102,109$0$0$30,410,027