Can I retire at age 45 with 806,000?

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 $806,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$66,559$65,966$65,387$64,823$64,272$62,667
2 years$32,950$32,336$31,741$31,165$30,606$28,999
3 years$21,748$21,132$20,539$19,968$19,417$17,859
4 years$16,149$15,534$14,947$14,386$13,849$12,351
5 years$12,790$12,179$11,599$11,049$10,528$9,094
6 years$10,551$9,945$9,374$8,836$8,330$6,963
7 years$8,953$8,352$7,790$7,265$6,775$5,473
8 years$7,755$7,159$6,606$6,094$5,620$4,385
9 years$6,823$6,233$5,690$5,191$4,733$3,562
10 years$6,079$5,494$4,961$4,475$4,033$2,925
11 years$5,470$4,891$4,367$3,894$3,468$2,422
12 years$4,963$4,390$3,876$3,416$3,006$2,019
13 years$4,534$3,967$3,463$3,016$2,621$1,692
14 years$4,167$3,606$3,111$2,677$2,297$1,424
15 years$3,849$3,294$2,809$2,387$2,023$1,203
16 years$3,571$3,023$2,547$2,138$1,788$1,019
17 years$3,326$2,784$2,318$1,921$1,585$866
18 years$3,108$2,572$2,116$1,731$1,409$737
19 years$2,914$2,384$1,937$1,564$1,256$628
20 years$2,739$2,215$1,778$1,417$1,122$537
21 years$2,581$2,063$1,635$1,286$1,004$459
22 years$2,438$1,926$1,507$1,169$900$393
23 years$2,307$1,801$1,391$1,065$808$336
24 years$2,188$1,688$1,287$971$726$288
25 years$2,078$1,584$1,192$887$654$248
26 years$1,977$1,489$1,105$811$589$212
27 years$1,883$1,401$1,026$742$531$182
28 years$1,796$1,320$954$680$479$157
29 years$1,716$1,245$888$624$432$135
30 years$1,641$1,176$827$572$391$116
31 years$1,571$1,112$771$526$353$100
32 years$1,505$1,052$719$483$320$86
33 years$1,443$996$672$444$289$74
34 years$1,386$944$628$409$262$63
35 years$1,331$896$587$376$237$55
36 years$1,280$850$549$346$215$47
37 years$1,232$807$514$319$195$40
38 years$1,186$767$481$294$177$35
39 years$1,143$730$451$271$160$30
40 years$1,102$694$423$250$145$26
41 years$1,063$661$396$231$132$22
42 years$1,026$629$372$213$120$19
43 years$991$600$349$197$108$16
44 years$958$572$327$182$98$14
45 years$926$545$307$168$89$12
46 years$895$520$289$155$81$11
47 years$866$496$271$143$74$9
48 years$839$474$255$132$67$8
49 years$812$452$240$122$61$7
50 years$787$432$225$113$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $806,000, adding $3,083 every year, while hoping to spend $34,812 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: 57/32/11 Blend
44$806,000$806,000$806,000$806,000
45$891,392$848,674$836,181$939,617
46$945,274$853,219$827,153$977,079
47$1,003,486$856,821$816,657$1,013,750
48$1,066,432$859,395$804,605$1,052,876
49$1,134,556$860,854$790,908$1,094,697
50$1,208,349$861,104$775,471$1,139,477
51$1,288,348$860,045$758,197$1,187,511
52$1,375,144$857,572$738,981$1,239,122
53$1,469,388$853,573$717,716$1,294,669
54$1,571,796$847,928$694,290$1,354,550
55$1,683,153$840,511$668,583$1,419,201
56$1,804,327$831,188$640,472$1,489,110
57$1,936,269$819,817$609,829$1,564,811
58$2,080,029$806,248$576,518$1,646,897
59$2,236,759$790,321$540,399$1,736,024
60$2,407,729$771,868$501,323$1,832,916
61$2,594,338$750,709$459,137$1,938,374
62$2,798,122$726,656$413,681$2,053,281
63$3,020,776$699,508$364,784$2,178,615
64$3,264,164$669,052$312,273$2,315,457
65$3,530,338$635,066$255,964$2,465,000
66$3,821,560$597,310$195,666$2,628,562
67$4,140,316$555,536$131,178$2,807,599
68$4,489,347$509,476$62,291$3,003,720
69$4,871,671$458,851$0$3,218,703
70$5,290,611$403,364$0$3,455,825
71$5,749,827$342,703$0$3,723,825
72$6,253,350$276,536$0$4,017,805
73$6,805,619$204,513$0$4,340,436
74$7,411,523$126,266$0$4,694,665
75$8,076,450$41,404$0$5,083,745
76$8,806,330$0$0$5,511,264
77$9,607,701$0$0$5,998,957
78$10,487,759$0$0$6,550,622
79$11,454,436$0$0$7,156,660
80$12,516,467$0$0$7,822,557
81$13,683,476$0$0$8,554,356
82$14,966,065$0$0$9,358,717
83$16,375,915$0$0$10,242,975
84$17,925,894$0$0$11,215,212
85$19,630,179$0$0$12,284,332
86$21,504,390$0$0$13,460,145
87$23,565,737$0$0$14,753,459
88$25,833,180$0$0$16,176,183
89$28,327,610$0$0$17,741,438
90$31,072,044$0$0$19,463,681
91$34,091,844$0$0$21,358,840
92$37,414,953$0$0$23,444,465
93$41,072,159$0$0$25,739,896
94$45,097,388$0$0$28,266,440
95$49,528,021$0$0$31,047,575
96$54,405,245$0$0$34,109,171
97$59,774,445$0$0$37,479,735
98$65,685,629$0$0$41,190,676
99$72,193,900$0$0$45,276,605
100$79,359,979$0$0$49,775,660