Can I retire at age 45 with 803,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%
1 years$66,311$65,720$65,144$64,582$64,032$63,763
2 years$32,827$32,216$31,623$31,049$30,492$30,219
3 years$21,667$21,053$20,462$19,893$19,345$19,079
4 years$16,089$15,476$14,891$14,332$13,797$13,538
5 years$12,742$12,134$11,556$11,008$10,488$10,238
6 years$10,512$9,908$9,339$8,803$8,299$8,058
7 years$8,920$8,321$7,761$7,238$6,749$6,518
8 years$7,726$7,132$6,582$6,072$5,599$5,377
9 years$6,798$6,210$5,669$5,172$4,715$4,502
10 years$6,056$5,474$4,942$4,458$4,018$3,813
11 years$5,449$4,873$4,351$3,880$3,455$3,260
12 years$4,944$4,374$3,862$3,403$2,994$2,807
13 years$4,517$3,953$3,450$3,004$2,611$2,433
14 years$4,151$3,593$3,100$2,667$2,289$2,119
15 years$3,834$3,282$2,799$2,379$2,015$1,853
16 years$3,558$3,011$2,538$2,130$1,781$1,627
17 years$3,314$2,773$2,309$1,914$1,579$1,433
18 years$3,097$2,563$2,108$1,724$1,404$1,265
19 years$2,903$2,375$1,930$1,558$1,252$1,120
20 years$2,729$2,207$1,771$1,411$1,118$993
21 years$2,572$2,056$1,629$1,281$1,000$882
22 years$2,429$1,919$1,501$1,165$897$785
23 years$2,299$1,795$1,386$1,061$805$700
24 years$2,180$1,682$1,282$967$724$624
25 years$2,070$1,578$1,187$883$651$557
26 years$1,969$1,483$1,101$808$586$498
27 years$1,876$1,396$1,023$739$529$446
28 years$1,790$1,315$951$677$477$399
29 years$1,709$1,241$885$621$431$357
30 years$1,635$1,172$824$570$389$320
31 years$1,565$1,108$768$524$352$287
32 years$1,499$1,048$717$481$318$258
33 years$1,438$993$669$442$288$231
34 years$1,381$941$625$407$261$208
35 years$1,326$892$585$375$236$187
36 years$1,275$847$547$345$214$168
37 years$1,227$804$512$318$194$151
38 years$1,182$764$479$293$176$136
39 years$1,139$727$449$270$160$122
40 years$1,098$692$421$249$145$110
41 years$1,059$658$395$230$131$99
42 years$1,022$627$370$212$119$89
43 years$987$597$347$196$108$80
44 years$954$569$326$181$98$72
45 years$922$543$306$167$89$65
46 years$892$518$288$154$81$58
47 years$863$494$270$143$73$52
48 years$836$472$254$132$67$47
49 years$809$451$239$122$61$42
50 years$784$430$224$113$55$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $803,000, adding $3,240 every year, while hoping to spend $55,452 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: 64/15/21 Blend
44$803,000$803,000$803,000$803,000
45$888,248$845,689$833,243$940,109
46$919,849$828,127$802,156$957,853
47$952,814$807,847$768,169$970,683
48$987,225$784,655$731,126$983,417
49$1,023,169$758,350$690,866$996,047
50$1,060,739$728,715$647,216$1,008,571
51$1,100,037$695,525$600,001$1,020,985
52$1,141,173$658,538$549,033$1,033,289
53$1,184,267$617,501$494,120$1,045,485
54$1,229,447$572,143$435,058$1,057,578
55$1,276,853$522,181$371,635$1,069,576
56$1,326,638$467,314$303,631$1,081,491
57$1,378,967$407,224$230,814$1,093,340
58$1,434,019$341,575$152,944$1,105,145
59$1,491,990$270,013$69,768$1,116,934
60$1,553,092$192,163$0$1,128,740
61$1,617,558$107,630$0$1,144,861
62$1,685,641$15,995$0$1,178,053
63$1,757,614$0$0$1,212,790
64$1,833,781$0$0$1,262,940
65$1,914,468$0$0$1,318,890
66$2,000,036$0$0$1,378,252
67$2,090,875$0$0$1,441,300
68$2,187,415$0$0$1,508,338
69$2,290,125$0$0$1,579,694
70$2,399,520$0$0$1,655,729
71$2,516,159$0$0$1,736,840
72$2,640,661$0$0$1,823,459
73$2,773,700$0$0$1,916,062
74$2,916,014$0$0$2,015,168
75$3,068,416$0$0$2,121,348
76$3,231,794$0$0$2,235,229
77$3,407,124$0$0$2,357,497
78$3,595,477$0$0$2,488,906
79$3,798,028$0$0$2,630,284
80$4,016,067$0$0$2,782,538
81$4,251,012$0$0$2,946,668
82$4,504,418$0$0$3,123,768
83$4,777,995$0$0$3,315,044
84$5,073,622$0$0$3,521,818
85$5,393,364$0$0$3,745,545
86$5,739,489$0$0$3,987,825
87$6,114,493$0$0$4,250,414
88$6,521,120$0$0$4,535,246
89$6,962,385$0$0$4,844,447
90$7,441,607$0$0$5,180,354
91$7,962,435$0$0$5,545,539
92$8,528,883$0$0$5,942,832
93$9,145,369$0$0$6,375,346
94$9,816,753$0$0$6,846,507
95$10,548,382$0$0$7,360,083
96$11,346,143$0$0$7,920,224
97$12,216,512$0$0$8,531,496
98$13,166,621$0$0$9,198,925
99$14,204,318$0$0$9,928,043
100$15,338,242$0$0$10,724,944