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%15.5%
1 years$66,559$65,966$65,387$64,823$64,272$62,820
2 years$32,950$32,336$31,741$31,165$30,606$29,151
3 years$21,748$21,132$20,539$19,968$19,417$18,005
4 years$16,149$15,534$14,947$14,386$13,849$12,489
5 years$12,790$12,179$11,599$11,049$10,528$9,225
6 years$10,551$9,945$9,374$8,836$8,330$7,086
7 years$8,953$8,352$7,790$7,265$6,775$5,589
8 years$7,755$7,159$6,606$6,094$5,620$4,493
9 years$6,823$6,233$5,690$5,191$4,733$3,663
10 years$6,079$5,494$4,961$4,475$4,033$3,019
11 years$5,470$4,891$4,367$3,894$3,468$2,510
12 years$4,963$4,390$3,876$3,416$3,006$2,100
13 years$4,534$3,967$3,463$3,016$2,621$1,767
14 years$4,167$3,606$3,111$2,677$2,297$1,494
15 years$3,849$3,294$2,809$2,387$2,023$1,267
16 years$3,571$3,023$2,547$2,138$1,788$1,078
17 years$3,326$2,784$2,318$1,921$1,585$920
18 years$3,108$2,572$2,116$1,731$1,409$786
19 years$2,914$2,384$1,937$1,564$1,256$674
20 years$2,739$2,215$1,778$1,417$1,122$578
21 years$2,581$2,063$1,635$1,286$1,004$496
22 years$2,438$1,926$1,507$1,169$900$427
23 years$2,307$1,801$1,391$1,065$808$367
24 years$2,188$1,688$1,287$971$726$316
25 years$2,078$1,584$1,192$887$654$273
26 years$1,977$1,489$1,105$811$589$235
27 years$1,883$1,401$1,026$742$531$203
28 years$1,796$1,320$954$680$479$175
29 years$1,716$1,245$888$624$432$151
30 years$1,641$1,176$827$572$391$131
31 years$1,571$1,112$771$526$353$113
32 years$1,505$1,052$719$483$320$98
33 years$1,443$996$672$444$289$85
34 years$1,386$944$628$409$262$73
35 years$1,331$896$587$376$237$63
36 years$1,280$850$549$346$215$55
37 years$1,232$807$514$319$195$47
38 years$1,186$767$481$294$177$41
39 years$1,143$730$451$271$160$35
40 years$1,102$694$423$250$145$31
41 years$1,063$661$396$231$132$27
42 years$1,026$629$372$213$120$23
43 years$991$600$349$197$108$20
44 years$958$572$327$182$98$17
45 years$926$545$307$168$89$15
46 years$895$520$289$155$81$13
47 years$866$496$271$143$74$11
48 years$839$474$255$132$67$10
49 years$812$452$240$122$61$8
50 years$787$432$225$113$55$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $806,000, adding $6,981 every year, while hoping to spend $59,366 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: 35/48/17 Blend
44$806,000$806,000$806,000$806,000
45$895,413$852,695$840,202$921,862
46$923,580$831,312$805,184$920,374
47$952,631$806,892$767,003$912,704
48$982,592$779,222$725,490$903,167
49$1,013,492$748,080$680,470$891,633
50$1,045,361$713,228$631,758$877,959
51$1,078,227$674,416$579,162$861,998
52$1,112,123$631,379$522,480$843,594
53$1,147,079$583,836$461,503$822,580
54$1,183,128$531,492$396,011$798,781
55$1,220,305$474,032$325,774$772,014
56$1,258,643$411,127$250,555$742,082
57$1,298,179$342,426$170,103$708,780
58$1,338,948$267,561$84,157$671,889
59$1,380,990$186,140$0$631,182
60$1,424,342$97,751$0$587,786
61$1,469,044$1,960$0$556,455
62$1,515,137$0$0$521,691
63$1,562,664$0$0$536,979
64$1,611,668$0$0$553,809
65$1,662,192$0$0$571,160
66$1,714,284$0$0$589,048
67$1,767,989$0$0$607,490
68$1,823,356$0$0$626,500
69$1,880,433$0$0$646,097
70$1,939,272$0$0$666,297
71$1,999,924$0$0$687,117
72$2,062,443$0$0$708,577
73$2,126,882$0$0$730,693
74$2,193,296$0$0$753,486
75$2,261,744$0$0$776,973
76$2,332,282$0$0$801,175
77$2,404,970$0$0$826,112
78$2,479,868$0$0$851,803
79$2,557,038$0$0$878,270
80$2,636,543$0$0$905,534
81$2,718,445$0$0$933,615
82$2,802,811$0$0$962,536
83$2,889,704$0$0$992,318
84$2,979,193$0$0$1,022,983
85$3,071,344$0$0$1,054,553
86$3,166,224$0$0$1,087,052
87$3,263,903$0$0$1,120,500
88$3,364,449$0$0$1,154,922
89$3,467,931$0$0$1,190,338
90$3,574,418$0$0$1,226,772
91$3,683,978$0$0$1,264,245
92$3,796,680$0$0$1,302,780
93$3,912,591$0$0$1,342,396
94$4,031,778$0$0$1,383,116
95$4,154,305$0$0$1,424,958
96$4,280,235$0$0$1,467,943
97$4,409,629$0$0$1,512,087
98$4,542,545$0$0$1,557,408
99$4,679,036$0$0$1,603,922
100$4,819,154$0$0$1,651,641