Can I retire at age 45 with 804,000?

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 $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%18%
1 years$66,394$65,802$65,225$64,662$64,112$62,035
2 years$32,868$32,256$31,663$31,088$30,530$28,456
3 years$21,694$21,080$20,488$19,918$19,369$17,365
4 years$16,109$15,496$14,910$14,350$13,814$11,895
5 years$12,758$12,149$11,571$11,022$10,501$8,671
6 years$10,525$9,920$9,351$8,814$8,309$6,570
7 years$8,931$8,331$7,771$7,247$6,758$5,109
8 years$7,736$7,141$6,590$6,079$5,606$4,047
9 years$6,806$6,218$5,676$5,178$4,721$3,250
10 years$6,063$5,481$4,949$4,464$4,023$2,637
11 years$5,456$4,879$4,357$3,885$3,460$2,157
12 years$4,950$4,379$3,866$3,407$2,998$1,776
13 years$4,523$3,958$3,454$3,008$2,614$1,469
14 years$4,156$3,597$3,104$2,670$2,292$1,221
15 years$3,839$3,286$2,802$2,381$2,018$1,018
16 years$3,562$3,015$2,541$2,132$1,783$851
17 years$3,318$2,777$2,312$1,916$1,581$712
18 years$3,101$2,566$2,110$1,727$1,406$598
19 years$2,907$2,378$1,932$1,560$1,253$503
20 years$2,733$2,210$1,773$1,413$1,119$423
21 years$2,575$2,058$1,631$1,282$1,002$356
22 years$2,432$1,921$1,503$1,166$898$301
23 years$2,302$1,797$1,388$1,062$806$254
24 years$2,182$1,684$1,284$969$724$214
25 years$2,073$1,580$1,189$884$652$181
26 years$1,972$1,485$1,103$809$587$153
27 years$1,878$1,398$1,024$740$529$129
28 years$1,792$1,317$952$678$478$110
29 years$1,712$1,242$886$622$431$93
30 years$1,637$1,173$825$571$390$78
31 years$1,567$1,109$769$524$352$66
32 years$1,501$1,049$718$482$319$56
33 years$1,440$994$670$443$288$48
34 years$1,382$942$626$408$261$40
35 years$1,328$893$585$375$237$34
36 years$1,277$848$548$346$214$29
37 years$1,229$805$513$318$194$25
38 years$1,183$765$480$293$176$21
39 years$1,140$728$450$271$160$18
40 years$1,099$692$421$250$145$15
41 years$1,060$659$395$230$131$13
42 years$1,024$628$371$213$119$11
43 years$989$598$348$196$108$9
44 years$955$570$327$181$98$8
45 years$924$544$307$167$89$7
46 years$893$519$288$155$81$6
47 years$864$495$271$143$74$5
48 years$837$473$254$132$67$4
49 years$810$451$239$122$61$3
50 years$785$431$225$113$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $804,000, adding $6,618 every year, while hoping to spend $27,563 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: 48/33/19 Blend
44$804,000$804,000$804,000$804,000
45$892,834$850,222$837,760$930,614
46$954,577$862,557$836,499$969,880
47$1,021,693$874,571$834,271$1,009,169
48$1,094,702$886,222$831,015$1,051,250
49$1,174,175$897,460$826,668$1,096,395
50$1,260,741$908,235$821,161$1,144,906
51$1,355,090$918,493$814,424$1,197,116
52$1,457,985$928,174$806,382$1,253,392
53$1,570,262$937,217$796,958$1,314,142
54$1,692,843$945,555$786,071$1,379,813
55$1,826,744$953,118$773,635$1,450,902
56$1,973,081$959,830$759,561$1,527,956
57$2,133,085$965,612$743,756$1,611,579
58$2,308,110$970,377$726,123$1,702,441
59$2,499,647$974,036$706,558$1,801,277
60$2,709,339$976,491$684,955$1,908,902
61$2,938,993$977,641$661,202$2,026,215
62$3,190,601$977,375$635,183$2,154,210
63$3,466,355$975,580$606,775$2,293,981
64$3,768,671$972,131$575,850$2,446,740
65$4,100,209$966,899$542,274$2,613,822
66$4,463,899$959,746$505,909$2,796,701
67$4,862,967$950,524$466,607$2,997,005
68$5,300,968$939,078$424,217$3,216,530
69$5,781,818$925,244$378,579$3,457,261
70$6,309,829$908,846$329,527$3,721,384
71$6,889,753$889,701$276,888$4,011,315
72$7,526,822$867,611$220,479$4,329,719
73$8,226,804$842,370$160,111$4,679,538
74$8,996,050$813,758$95,586$5,064,016
75$9,841,558$781,543$26,699$5,486,734
76$10,771,036$745,478$0$5,951,643
77$11,792,979$705,304$0$6,472,591
78$12,916,744$660,745$0$7,051,292
79$14,152,641$611,510$0$7,687,677
80$15,512,028$557,292$0$8,387,649
81$17,007,422$497,766$0$9,157,714
82$18,652,610$432,587$0$10,005,049
83$20,462,786$361,394$0$10,937,562
84$22,454,689$283,802$0$11,963,976
85$24,646,765$199,405$0$13,093,906
86$27,059,336$107,777$0$14,337,954
87$29,714,795$8,465$0$15,707,808
88$32,637,816$0$0$17,216,354
89$35,855,587$0$0$18,913,751
90$39,398,065$0$0$20,785,929
91$43,298,260$0$0$22,847,273
92$47,592,544$0$0$25,117,021
93$52,320,999$0$0$27,616,372
94$57,527,787$0$0$30,368,685
95$63,261,575$0$0$33,399,701
96$69,575,986$0$0$36,737,783
97$76,530,111$0$0$40,414,186
98$84,189,065$0$0$44,463,349
99$92,624,597$0$0$48,923,226
100$101,915,774$0$0$53,835,635