Can I retire at age 45 with 804,000?

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 $804,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$66,394$65,802$65,225$64,662$64,112$63,708
2 years$32,868$32,256$31,663$31,088$30,530$30,122
3 years$21,694$21,080$20,488$19,918$19,369$18,971
4 years$16,109$15,496$14,910$14,350$13,814$13,428
5 years$12,758$12,149$11,571$11,022$10,501$10,128
6 years$10,525$9,920$9,351$8,814$8,309$7,950
7 years$8,931$8,331$7,771$7,247$6,758$6,413
8 years$7,736$7,141$6,590$6,079$5,606$5,275
9 years$6,806$6,218$5,676$5,178$4,721$4,404
10 years$6,063$5,481$4,949$4,464$4,023$3,719
11 years$5,456$4,879$4,357$3,885$3,460$3,170
12 years$4,950$4,379$3,866$3,407$2,998$2,721
13 years$4,523$3,958$3,454$3,008$2,614$2,351
14 years$4,156$3,597$3,104$2,670$2,292$2,041
15 years$3,839$3,286$2,802$2,381$2,018$1,779
16 years$3,562$3,015$2,541$2,132$1,783$1,557
17 years$3,318$2,777$2,312$1,916$1,581$1,366
18 years$3,101$2,566$2,110$1,727$1,406$1,202
19 years$2,907$2,378$1,932$1,560$1,253$1,060
20 years$2,733$2,210$1,773$1,413$1,119$937
21 years$2,575$2,058$1,631$1,282$1,002$829
22 years$2,432$1,921$1,503$1,166$898$735
23 years$2,302$1,797$1,388$1,062$806$653
24 years$2,182$1,684$1,284$969$724$580
25 years$2,073$1,580$1,189$884$652$516
26 years$1,972$1,485$1,103$809$587$459
27 years$1,878$1,398$1,024$740$529$409
28 years$1,792$1,317$952$678$478$365
29 years$1,712$1,242$886$622$431$326
30 years$1,637$1,173$825$571$390$291
31 years$1,567$1,109$769$524$352$260
32 years$1,501$1,049$718$482$319$232
33 years$1,440$994$670$443$288$207
34 years$1,382$942$626$408$261$186
35 years$1,328$893$585$375$237$166
36 years$1,277$848$548$346$214$148
37 years$1,229$805$513$318$194$133
38 years$1,183$765$480$293$176$119
39 years$1,140$728$450$271$160$107
40 years$1,099$692$421$250$145$95
41 years$1,060$659$395$230$131$85
42 years$1,024$628$371$213$119$77
43 years$989$598$348$196$108$69
44 years$955$570$327$181$98$61
45 years$924$544$307$167$89$55
46 years$893$519$288$155$81$49
47 years$864$495$271$143$74$44
48 years$837$473$254$132$67$40
49 years$810$451$239$122$61$36
50 years$785$431$225$113$55$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $804,000, adding $3,191 every year, while hoping to spend $53,668 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: 31/40/29 Blend
44$804,000$804,000$804,000$804,000
45$889,300$846,688$834,226$908,902
46$922,906$831,073$805,070$908,772
47$958,141$812,894$773,139$903,721
48$995,115$791,970$738,282$897,238
49$1,033,946$768,106$700,344$889,237
50$1,074,765$741,099$659,162$879,626
51$1,117,710$710,732$614,563$868,312
52$1,162,935$676,777$566,370$855,198
53$1,210,607$638,991$514,395$840,183
54$1,260,906$597,119$458,445$823,164
55$1,314,031$550,890$398,315$804,033
56$1,370,196$500,018$333,793$782,681
57$1,429,638$444,200$264,656$758,995
58$1,492,612$383,118$190,674$732,859
59$1,559,401$316,432$111,603$704,154
60$1,630,309$243,787$27,192$672,761
61$1,705,674$164,806$0$638,556
62$1,785,862$79,090$0$620,877
63$1,871,274$0$0$610,382
64$1,962,351$0$0$604,677
65$2,059,574$0$0$635,820
66$2,163,472$0$0$669,179
67$2,274,622$0$0$704,948
68$2,393,660$0$0$743,343
69$2,521,281$0$0$784,598
70$2,658,249$0$0$828,972
71$2,805,401$0$0$876,749
72$2,963,657$0$0$928,241
73$3,134,026$0$0$983,790
74$3,317,617$0$0$1,043,772
75$3,515,648$0$0$1,108,602
76$3,729,457$0$0$1,178,732
77$3,960,513$0$0$1,254,663
78$4,210,433$0$0$1,336,943
79$4,480,991$0$0$1,426,176
80$4,774,142$0$0$1,523,027
81$5,092,030$0$0$1,628,224
82$5,437,017$0$0$1,742,572
83$5,811,699$0$0$1,866,954
84$6,218,933$0$0$2,002,343
85$6,661,858$0$0$2,149,807
86$7,143,933$0$0$2,310,524
87$7,668,961$0$0$2,485,789
88$8,241,126$0$0$2,677,028
89$8,865,035$0$0$2,885,811
90$9,545,757$0$0$3,113,866
91$10,288,872$0$0$3,363,093
92$11,100,522$0$0$3,635,588
93$11,987,469$0$0$3,933,655
94$12,957,158$0$0$4,259,833
95$14,017,785$0$0$4,616,916
96$15,178,374$0$0$5,007,984
97$16,448,863$0$0$5,436,425
98$17,840,193$0$0$5,905,972
99$19,364,416$0$0$6,420,736
100$21,034,802$0$0$6,985,245