Can I retire at age 45 with 807,000?

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 $807,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$66,641$66,048$65,469$64,903$64,351$61,896
2 years$32,991$32,376$31,781$31,203$30,643$28,199
3 years$21,775$21,158$20,564$19,992$19,441$17,084
4 years$16,169$15,554$14,966$14,403$13,866$11,614
5 years$12,806$12,194$11,614$11,063$10,541$8,400
6 years$10,564$9,957$9,386$8,847$8,340$6,312
7 years$8,964$8,362$7,800$7,274$6,783$4,867
8 years$7,764$7,168$6,615$6,102$5,627$3,821
9 years$6,832$6,241$5,697$5,197$4,739$3,041
10 years$6,086$5,501$4,967$4,480$4,038$2,444
11 years$5,476$4,897$4,373$3,899$3,473$1,980
12 years$4,969$4,396$3,881$3,420$3,009$1,614
13 years$4,539$3,972$3,467$3,019$2,624$1,321
14 years$4,172$3,611$3,115$2,680$2,300$1,086
15 years$3,854$3,298$2,813$2,390$2,025$896
16 years$3,575$3,026$2,550$2,140$1,790$741
17 years$3,330$2,787$2,321$1,923$1,587$614
18 years$3,112$2,575$2,118$1,733$1,411$509
19 years$2,918$2,387$1,939$1,566$1,258$423
20 years$2,743$2,218$1,780$1,418$1,124$352
21 years$2,585$2,066$1,637$1,287$1,005$293
22 years$2,441$1,929$1,509$1,170$901$245
23 years$2,310$1,804$1,393$1,066$809$204
24 years$2,191$1,690$1,288$972$727$170
25 years$2,081$1,586$1,193$888$654$142
26 years$1,979$1,491$1,107$812$589$119
27 years$1,885$1,403$1,028$743$531$99
28 years$1,799$1,322$955$681$479$83
29 years$1,718$1,247$889$624$433$69
30 years$1,643$1,178$828$573$391$58
31 years$1,572$1,113$772$526$354$48
32 years$1,507$1,053$720$484$320$40
33 years$1,445$998$673$445$290$34
34 years$1,387$945$628$409$262$28
35 years$1,333$897$588$377$237$24
36 years$1,282$851$550$347$215$20
37 years$1,233$808$514$320$195$17
38 years$1,188$768$482$295$177$14
39 years$1,144$731$451$272$160$12
40 years$1,103$695$423$251$145$10
41 years$1,064$662$397$231$132$8
42 years$1,027$630$372$213$120$7
43 years$992$600$349$197$109$6
44 years$959$572$328$182$99$5
45 years$927$546$308$168$90$4
46 years$897$521$289$155$81$3
47 years$868$497$272$143$74$3
48 years$840$474$255$132$67$2
49 years$813$453$240$122$61$2
50 years$788$433$225$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $807,000, adding $2,491 every year, while hoping to spend $54,049 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: 64/13/23 Blend
44$807,000$807,000$807,000$807,000
45$891,883$849,112$836,604$943,482
46$925,348$833,211$807,122$962,675
47$960,414$814,719$774,842$977,355
48$997,189$793,453$739,611$992,165
49$1,035,787$769,217$701,273$1,007,122
50$1,076,334$741,805$659,662$1,022,248
51$1,118,966$711,000$614,607$1,037,567
52$1,163,831$676,569$565,927$1,053,111
53$1,211,090$638,270$513,434$1,068,914
54$1,260,919$595,843$456,932$1,085,020
55$1,313,509$549,015$396,216$1,101,476
56$1,369,068$497,499$331,070$1,118,340
57$1,427,825$440,987$261,272$1,135,678
58$1,490,026$379,159$186,588$1,153,566
59$1,555,944$311,673$106,774$1,172,089
60$1,625,874$238,169$21,575$1,191,349
61$1,700,141$158,267$0$1,211,458
62$1,779,099$71,565$0$1,249,565
63$1,863,134$0$0$1,295,554
64$1,952,673$0$0$1,347,561
65$2,048,178$0$0$1,413,986
66$2,150,159$0$0$1,484,949
67$2,259,174$0$0$1,560,843
68$2,375,835$0$0$1,642,097
69$2,500,810$0$0$1,729,183
70$2,634,836$0$0$1,822,620
71$2,778,720$0$0$1,922,974
72$2,933,346$0$0$2,030,870
73$3,099,687$0$0$2,146,991
74$3,278,810$0$0$2,272,089
75$3,471,886$0$0$2,406,990
76$3,680,203$0$0$2,552,599
77$3,905,176$0$0$2,709,914
78$4,148,357$0$0$2,880,029
79$4,411,456$0$0$3,064,147
80$4,696,350$0$0$3,263,591
81$5,005,104$0$0$3,479,816
82$5,339,986$0$0$3,714,421
83$5,703,494$0$0$3,969,166
84$6,098,373$0$0$4,245,984
85$6,527,643$0$0$4,547,005
86$6,994,626$0$0$4,874,569
87$7,502,979$0$0$5,231,254
88$8,056,722$0$0$5,619,894
89$8,660,284$0$0$6,043,610
90$9,318,534$0$0$6,505,835
91$10,036,836$0$0$7,010,349
92$10,821,090$0$0$7,561,312
93$11,677,794$0$0$8,163,305
94$12,614,100$0$0$8,821,369
95$13,637,882$0$0$9,541,056
96$14,757,809$0$0$10,328,478
97$15,983,428$0$0$11,190,366
98$17,325,251$0$0$12,134,130
99$18,794,853$0$0$13,167,932
100$20,404,980$0$0$14,300,760