Can I retire at age 45 with 805,000?

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 $805,000?

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$66,476$65,884$65,306$64,742$64,192$63,787
2 years$32,909$32,296$31,702$31,126$30,568$30,159
3 years$21,721$21,106$20,513$19,943$19,393$18,994
4 years$16,129$15,515$14,928$14,368$13,831$13,445
5 years$12,774$12,164$11,585$11,036$10,514$10,141
6 years$10,538$9,933$9,362$8,825$8,320$7,960
7 years$8,942$8,342$7,780$7,256$6,766$6,421
8 years$7,745$7,150$6,598$6,087$5,613$5,282
9 years$6,815$6,226$5,683$5,185$4,727$4,409
10 years$6,071$5,488$4,955$4,469$4,028$3,724
11 years$5,463$4,885$4,362$3,889$3,464$3,174
12 years$4,956$4,385$3,871$3,412$3,002$2,725
13 years$4,528$3,963$3,459$3,012$2,618$2,353
14 years$4,162$3,602$3,108$2,674$2,295$2,043
15 years$3,844$3,290$2,806$2,384$2,020$1,781
16 years$3,566$3,019$2,544$2,135$1,786$1,558
17 years$3,322$2,780$2,315$1,918$1,583$1,368
18 years$3,105$2,569$2,113$1,729$1,408$1,204
19 years$2,910$2,381$1,934$1,562$1,255$1,061
20 years$2,736$2,213$1,775$1,415$1,121$938
21 years$2,578$2,061$1,633$1,284$1,003$830
22 years$2,435$1,924$1,505$1,167$899$736
23 years$2,305$1,799$1,390$1,063$807$653
24 years$2,185$1,686$1,285$970$725$581
25 years$2,075$1,582$1,190$886$653$517
26 years$1,974$1,487$1,104$810$588$460
27 years$1,881$1,399$1,025$741$530$410
28 years$1,794$1,319$953$679$478$365
29 years$1,714$1,244$887$623$432$326
30 years$1,639$1,175$826$572$390$291
31 years$1,569$1,110$770$525$353$260
32 years$1,503$1,051$719$482$319$232
33 years$1,442$995$671$444$289$208
34 years$1,384$943$627$408$261$186
35 years$1,330$895$586$376$237$166
36 years$1,279$849$548$346$215$149
37 years$1,230$806$513$319$194$133
38 years$1,185$766$481$294$176$119
39 years$1,141$729$450$271$160$107
40 years$1,101$693$422$250$145$96
41 years$1,062$660$396$231$132$86
42 years$1,025$629$371$213$119$77
43 years$990$599$348$196$108$69
44 years$956$571$327$181$98$62
45 years$925$544$307$168$89$55
46 years$894$519$288$155$81$49
47 years$865$496$271$143$74$44
48 years$838$473$255$132$67$40
49 years$811$452$239$122$61$36
50 years$786$432$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 $805,000, adding $4,457 every year, while hoping to spend $57,679 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: 42/43/15 Blend
44$805,000$805,000$805,000$805,000
45$891,707$849,042$836,565$925,067
46$921,292$829,275$803,220$929,222
47$951,960$806,607$766,825$927,682
48$983,763$780,833$727,216$924,773
49$1,016,753$751,740$684,224$920,396
50$1,050,986$719,100$637,669$914,446
51$1,086,522$682,671$587,367$906,815
52$1,123,426$642,201$533,122$897,387
53$1,161,765$597,418$474,732$886,040
54$1,201,613$548,040$411,983$872,648
55$1,243,048$493,764$344,655$857,077
56$1,286,153$434,273$272,516$839,186
57$1,331,020$369,231$195,324$818,829
58$1,377,743$298,283$112,827$795,850
59$1,426,428$221,054$24,761$770,089
60$1,477,185$137,147$0$741,375
61$1,530,136$46,145$0$720,610
62$1,585,409$0$0$701,479
63$1,643,144$0$0$704,661
64$1,703,494$0$0$730,834
65$1,766,621$0$0$758,237
66$1,832,702$0$0$786,950
67$1,901,928$0$0$817,060
68$1,974,508$0$0$848,661
69$2,050,666$0$0$881,855
70$2,130,647$0$0$916,755
71$2,214,717$0$0$953,480
72$2,303,165$0$0$992,162
73$2,396,304$0$0$1,032,945
74$2,494,477$0$0$1,075,984
75$2,598,058$0$0$1,121,451
76$2,707,451$0$0$1,169,530
77$2,823,101$0$0$1,220,424
78$2,945,491$0$0$1,274,355
79$3,075,149$0$0$1,331,565
80$3,212,654$0$0$1,392,318
81$3,358,634$0$0$1,456,903
82$3,513,781$0$0$1,525,636
83$3,678,848$0$0$1,598,864
84$3,854,662$0$0$1,676,967
85$4,042,127$0$0$1,760,359
86$4,242,234$0$0$1,849,495
87$4,456,068$0$0$1,944,876
88$4,684,818$0$0$2,047,047
89$4,929,789$0$0$2,156,609
90$5,192,411$0$0$2,274,221
91$5,474,254$0$0$2,400,604
92$5,777,039$0$0$2,536,553
93$6,102,658$0$0$2,682,938
94$6,453,185$0$0$2,840,715
95$6,830,900$0$0$3,010,935
96$7,238,305$0$0$3,194,752
97$7,678,152$0$0$3,393,435
98$8,153,461$0$0$3,608,377
99$8,667,554$0$0$3,841,110
100$9,224,082$0$0$4,093,320