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%11.6%
1 years$66,559$65,966$65,387$64,823$64,272$63,840
2 years$32,950$32,336$31,741$31,165$30,606$30,170
3 years$21,748$21,132$20,539$19,968$19,417$18,992
4 years$16,149$15,534$14,947$14,386$13,849$13,436
5 years$12,790$12,179$11,599$11,049$10,528$10,129
6 years$10,551$9,945$9,374$8,836$8,330$7,947
7 years$8,953$8,352$7,790$7,265$6,775$6,406
8 years$7,755$7,159$6,606$6,094$5,620$5,267
9 years$6,823$6,233$5,690$5,191$4,733$4,394
10 years$6,079$5,494$4,961$4,475$4,033$3,709
11 years$5,470$4,891$4,367$3,894$3,468$3,159
12 years$4,963$4,390$3,876$3,416$3,006$2,710
13 years$4,534$3,967$3,463$3,016$2,621$2,340
14 years$4,167$3,606$3,111$2,677$2,297$2,030
15 years$3,849$3,294$2,809$2,387$2,023$1,768
16 years$3,571$3,023$2,547$2,138$1,788$1,546
17 years$3,326$2,784$2,318$1,921$1,585$1,356
18 years$3,108$2,572$2,116$1,731$1,409$1,192
19 years$2,914$2,384$1,937$1,564$1,256$1,051
20 years$2,739$2,215$1,778$1,417$1,122$928
21 years$2,581$2,063$1,635$1,286$1,004$821
22 years$2,438$1,926$1,507$1,169$900$727
23 years$2,307$1,801$1,391$1,065$808$645
24 years$2,188$1,688$1,287$971$726$573
25 years$2,078$1,584$1,192$887$654$509
26 years$1,977$1,489$1,105$811$589$453
27 years$1,883$1,401$1,026$742$531$403
28 years$1,796$1,320$954$680$479$359
29 years$1,716$1,245$888$624$432$320
30 years$1,641$1,176$827$572$391$286
31 years$1,571$1,112$771$526$353$255
32 years$1,505$1,052$719$483$320$228
33 years$1,443$996$672$444$289$203
34 years$1,386$944$628$409$262$182
35 years$1,331$896$587$376$237$162
36 years$1,280$850$549$346$215$145
37 years$1,232$807$514$319$195$130
38 years$1,186$767$481$294$177$116
39 years$1,143$730$451$271$160$104
40 years$1,102$694$423$250$145$93
41 years$1,063$661$396$231$132$83
42 years$1,026$629$372$213$120$74
43 years$991$600$349$197$108$67
44 years$958$572$327$182$98$60
45 years$926$545$307$168$89$53
46 years$895$520$289$155$81$48
47 years$866$496$271$143$74$43
48 years$839$474$255$132$67$38
49 years$812$452$240$122$61$34
50 years$787$432$225$113$55$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $806,000, adding $5,985 every year, while hoping to spend $25,289 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: 73/17/10 Blend
44$806,000$806,000$806,000$806,000
45$894,386$851,668$839,175$957,572
46$958,706$866,492$840,380$1,014,933
47$1,028,739$881,195$840,777$1,074,008
48$1,105,041$895,745$840,314$1,138,012
49$1,188,224$910,105$838,934$1,207,425
50$1,278,962$924,239$836,577$1,282,777
51$1,377,995$938,106$833,182$1,364,650
52$1,486,140$951,663$828,683$1,453,686
53$1,604,295$964,863$823,012$1,550,593
54$1,733,448$977,657$816,098$1,656,150
55$1,874,689$989,991$807,867$1,771,215
56$2,029,217$1,001,809$798,239$1,896,735
57$2,198,350$1,013,051$787,133$2,033,752
58$2,383,542$1,023,651$774,463$2,183,416
59$2,586,394$1,033,541$760,139$2,346,991
60$2,808,669$1,042,647$744,066$2,525,875
61$3,052,308$1,050,891$726,146$2,721,603
62$3,319,448$1,058,189$706,277$2,935,870
63$3,612,444$1,064,453$684,349$3,170,545
64$3,933,889$1,069,588$660,251$3,427,684
65$4,286,641$1,073,492$633,865$3,709,555
66$4,673,846$1,076,061$605,067$4,018,659
67$5,098,969$1,077,179$573,727$4,357,750
68$5,565,829$1,076,726$539,713$4,729,865
69$6,078,632$1,074,574$502,882$5,138,348
70$6,642,012$1,070,587$463,087$5,586,890
71$7,261,072$1,064,621$420,175$6,079,554
72$7,941,435$1,056,522$373,986$6,620,819
73$8,689,298$1,046,127$324,350$7,215,625
74$9,511,484$1,033,265$271,094$7,869,412
75$10,415,513$1,017,753$214,033$8,588,177
76$11,409,670$999,397$152,978$9,378,533
77$12,503,082$977,993$87,728$10,247,763
78$13,705,805$953,323$18,075$11,203,899
79$15,028,918$925,158$0$12,255,789
80$16,484,631$893,254$0$13,419,191
81$18,086,394$857,354$0$14,701,301
82$19,849,027$817,185$0$16,112,063
83$21,788,860$772,459$0$17,664,560
84$23,923,885$722,871$0$19,373,214
85$26,273,929$668,100$0$21,253,915
86$28,860,836$607,803$0$23,324,177
87$31,708,678$541,621$0$25,603,299
88$34,843,976$469,174$0$28,112,549
89$38,295,956$390,058$0$30,875,367
90$42,096,823$303,850$0$33,917,583
91$46,282,060$210,099$0$37,267,663
92$50,890,769$108,333$0$40,956,978
93$55,966,036$0$0$45,020,100
94$61,555,339$0$0$49,495,494
95$67,710,996$0$0$54,446,739
96$74,490,656$0$0$59,899,946
97$81,957,844$0$0$65,906,220
98$90,182,564$0$0$72,521,872
99$99,241,954$0$0$79,808,957
100$109,221,015$0$0$87,835,855