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%12.1%
1 years$66,394$65,802$65,225$64,662$64,112$63,548
2 years$32,868$32,256$31,663$31,088$30,530$29,962
3 years$21,694$21,080$20,488$19,918$19,369$18,814
4 years$16,109$15,496$14,910$14,350$13,814$13,277
5 years$12,758$12,149$11,571$11,022$10,501$9,983
6 years$10,525$9,920$9,351$8,814$8,309$7,811
7 years$8,931$8,331$7,771$7,247$6,758$6,279
8 years$7,736$7,141$6,590$6,079$5,606$5,148
9 years$6,806$6,218$5,676$5,178$4,721$4,283
10 years$6,063$5,481$4,949$4,464$4,023$3,604
11 years$5,456$4,879$4,357$3,885$3,460$3,060
12 years$4,950$4,379$3,866$3,407$2,998$2,617
13 years$4,523$3,958$3,454$3,008$2,614$2,252
14 years$4,156$3,597$3,104$2,670$2,292$1,947
15 years$3,839$3,286$2,802$2,381$2,018$1,691
16 years$3,562$3,015$2,541$2,132$1,783$1,473
17 years$3,318$2,777$2,312$1,916$1,581$1,288
18 years$3,101$2,566$2,110$1,727$1,406$1,128
19 years$2,907$2,378$1,932$1,560$1,253$991
20 years$2,733$2,210$1,773$1,413$1,119$872
21 years$2,575$2,058$1,631$1,282$1,002$768
22 years$2,432$1,921$1,503$1,166$898$678
23 years$2,302$1,797$1,388$1,062$806$599
24 years$2,182$1,684$1,284$969$724$530
25 years$2,073$1,580$1,189$884$652$469
26 years$1,972$1,485$1,103$809$587$416
27 years$1,878$1,398$1,024$740$529$369
28 years$1,792$1,317$952$678$478$327
29 years$1,712$1,242$886$622$431$291
30 years$1,637$1,173$825$571$390$258
31 years$1,567$1,109$769$524$352$230
32 years$1,501$1,049$718$482$319$204
33 years$1,440$994$670$443$288$182
34 years$1,382$942$626$408$261$162
35 years$1,328$893$585$375$237$144
36 years$1,277$848$548$346$214$128
37 years$1,229$805$513$318$194$114
38 years$1,183$765$480$293$176$102
39 years$1,140$728$450$271$160$90
40 years$1,099$692$421$250$145$81
41 years$1,060$659$395$230$131$72
42 years$1,024$628$371$213$119$64
43 years$989$598$348$196$108$57
44 years$955$570$327$181$98$51
45 years$924$544$307$167$89$45
46 years$893$519$288$155$81$40
47 years$864$495$271$143$74$36
48 years$837$473$254$132$67$32
49 years$810$451$239$122$61$29
50 years$785$431$225$113$55$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $804,000, adding $6,424 every year, while hoping to spend $48,964 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: 78/14/8 Blend
44$804,000$804,000$804,000$804,000
45$892,634$850,022$837,560$960,766
46$931,586$839,576$813,521$995,958
47$972,869$826,977$787,036$1,027,549
48$1,016,671$812,068$757,970$1,060,758
49$1,063,194$794,682$726,185$1,095,721
50$1,112,661$774,643$691,534$1,132,594
51$1,165,317$751,764$653,864$1,171,546
52$1,221,426$725,848$613,016$1,212,763
53$1,281,283$696,686$568,823$1,256,452
54$1,345,205$664,055$521,111$1,302,842
55$1,413,545$627,723$469,697$1,352,185
56$1,486,686$587,440$414,391$1,404,759
57$1,565,049$542,946$354,994$1,460,871
58$1,649,098$493,964$291,300$1,520,861
59$1,739,338$440,200$223,090$1,585,105
60$1,836,326$381,346$150,140$1,654,016
61$1,940,674$317,075$72,213$1,728,054
62$2,053,053$247,041$0$1,807,723
63$2,174,199$170,881$0$1,894,516
64$2,304,921$88,208$0$1,994,756
65$2,446,108$0$0$2,102,977
66$2,598,739$0$0$2,220,167
67$2,763,887$0$0$2,361,693
68$2,942,732$0$0$2,514,979
69$3,136,572$0$0$2,681,141
70$3,346,835$0$0$2,861,404
71$3,575,091$0$0$3,057,118
72$3,823,065$0$0$3,269,766
73$4,092,657$0$0$3,500,980
74$4,385,956$0$0$3,752,556
75$4,705,260$0$0$4,026,468
76$5,053,100$0$0$4,324,891
77$5,432,258$0$0$4,650,216
78$5,845,799$0$0$5,005,076
79$6,297,093$0$0$5,392,369
80$6,789,852$0$0$5,815,283
81$7,328,162$0$0$6,277,332
82$7,916,521$0$0$6,782,379
83$8,559,881$0$0$7,334,681
84$9,263,693$0$0$7,938,924
85$10,033,961$0$0$8,600,266
86$10,877,295$0$0$9,324,390
87$11,800,976$0$0$10,117,553
88$12,813,019$0$0$10,986,642
89$13,922,253$0$0$11,939,248
90$15,138,402$0$0$12,983,727
91$16,472,175$0$0$14,129,282
92$17,935,367$0$0$15,386,053
93$19,540,970$0$0$16,765,205
94$21,303,294$0$0$18,279,038
95$23,238,103$0$0$19,941,102
96$25,362,762$0$0$21,766,320
97$27,696,399$0$0$23,771,135
98$30,260,086$0$0$25,973,657
99$33,077,037$0$0$28,393,839
100$36,172,825$0$0$31,053,661