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%19.1%
1 years$66,394$65,802$65,225$64,662$64,112$61,764
2 years$32,868$32,256$31,663$31,088$30,530$28,190
3 years$21,694$21,080$20,488$19,918$19,369$17,112
4 years$16,109$15,496$14,910$14,350$13,814$11,656
5 years$12,758$12,149$11,571$11,022$10,501$8,448
6 years$10,525$9,920$9,351$8,814$8,309$6,363
7 years$8,931$8,331$7,771$7,247$6,758$4,917
8 years$7,736$7,141$6,590$6,079$5,606$3,870
9 years$6,806$6,218$5,676$5,178$4,721$3,087
10 years$6,063$5,481$4,949$4,464$4,023$2,487
11 years$5,456$4,879$4,357$3,885$3,460$2,020
12 years$4,950$4,379$3,866$3,407$2,998$1,651
13 years$4,523$3,958$3,454$3,008$2,614$1,356
14 years$4,156$3,597$3,104$2,670$2,292$1,118
15 years$3,839$3,286$2,802$2,381$2,018$924
16 years$3,562$3,015$2,541$2,132$1,783$767
17 years$3,318$2,777$2,312$1,916$1,581$637
18 years$3,101$2,566$2,110$1,727$1,406$530
19 years$2,907$2,378$1,932$1,560$1,253$442
20 years$2,733$2,210$1,773$1,413$1,119$369
21 years$2,575$2,058$1,631$1,282$1,002$308
22 years$2,432$1,921$1,503$1,166$898$258
23 years$2,302$1,797$1,388$1,062$806$216
24 years$2,182$1,684$1,284$969$724$181
25 years$2,073$1,580$1,189$884$652$151
26 years$1,972$1,485$1,103$809$587$127
27 years$1,878$1,398$1,024$740$529$106
28 years$1,792$1,317$952$678$478$89
29 years$1,712$1,242$886$622$431$75
30 years$1,637$1,173$825$571$390$63
31 years$1,567$1,109$769$524$352$53
32 years$1,501$1,049$718$482$319$44
33 years$1,440$994$670$443$288$37
34 years$1,382$942$626$408$261$31
35 years$1,328$893$585$375$237$26
36 years$1,277$848$548$346$214$22
37 years$1,229$805$513$318$194$18
38 years$1,183$765$480$293$176$15
39 years$1,140$728$450$271$160$13
40 years$1,099$692$421$250$145$11
41 years$1,060$659$395$230$131$9
42 years$1,024$628$371$213$119$8
43 years$989$598$348$196$108$6
44 years$955$570$327$181$98$5
45 years$924$544$307$167$89$5
46 years$893$519$288$155$81$4
47 years$864$495$271$143$74$3
48 years$837$473$254$132$67$3
49 years$810$451$239$122$61$2
50 years$785$431$225$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $804,000, adding $3,845 every year, while hoping to spend $48,695 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: 46/41/13 Blend
44$804,000$804,000$804,000$804,000
45$889,974$847,362$834,900$927,478
46$928,940$837,072$811,058$943,582
47$970,249$824,645$784,785$955,764
48$1,014,088$809,926$755,949$967,902
49$1,060,662$792,749$724,410$980,010
50$1,110,195$772,940$690,024$992,108
51$1,162,933$750,312$652,638$1,004,219
52$1,219,144$724,670$612,093$1,016,373
53$1,279,124$695,805$568,225$1,028,610
54$1,343,193$663,498$520,859$1,040,974
55$1,411,706$627,516$469,815$1,053,520
56$1,485,049$587,614$414,903$1,066,314
57$1,563,648$543,531$355,927$1,079,433
58$1,647,969$494,993$292,679$1,092,967
59$1,738,522$441,708$224,944$1,107,022
60$1,835,869$383,370$152,497$1,121,719
61$1,940,627$319,653$75,105$1,137,201
62$2,053,470$250,216$0$1,153,629
63$2,175,144$174,696$0$1,172,229
64$2,306,462$92,710$0$1,203,362
65$2,448,323$3,855$0$1,236,879
66$2,601,712$0$0$1,273,096
67$2,767,712$0$0$1,354,009
68$2,947,513$0$0$1,443,610
69$3,142,425$0$0$1,540,823
70$3,353,888$0$0$1,646,375
71$3,583,484$0$0$1,761,068
72$3,832,956$0$0$1,885,783
73$4,104,218$0$0$2,021,489
74$4,399,378$0$0$2,169,252
75$4,720,755$0$0$2,330,247
76$5,070,901$0$0$2,505,765
77$5,452,624$0$0$2,697,227
78$5,869,014$0$0$2,906,199
79$6,323,472$0$0$3,134,402
80$6,819,744$0$0$3,383,732
81$7,361,950$0$0$3,656,278
82$7,954,630$0$0$3,954,336
83$8,602,778$0$0$4,280,438
84$9,311,895$0$0$4,637,368
85$10,088,039$0$0$5,028,196
86$10,937,880$0$0$5,456,300
87$11,868,761$0$0$5,925,399
88$12,888,771$0$0$6,439,593
89$14,006,818$0$0$7,003,393
90$15,232,713$0$0$7,621,770
91$16,577,261$0$0$8,300,198
92$18,052,363$0$0$9,044,708
93$19,671,129$0$0$9,861,941
94$21,447,998$0$0$10,759,215
95$23,398,876$0$0$11,744,588
96$25,541,283$0$0$12,826,939
97$27,894,521$0$0$14,016,048
98$30,479,852$0$0$15,322,690
99$33,320,700$0$0$16,758,736
100$36,442,869$0$0$18,337,262