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%11.8%
1 years$66,641$66,048$65,469$64,903$64,351$63,865
2 years$32,991$32,376$31,781$31,203$30,643$30,154
3 years$21,775$21,158$20,564$19,992$19,441$18,963
4 years$16,169$15,554$14,966$14,403$13,866$13,402
5 years$12,806$12,194$11,614$11,063$10,541$10,093
6 years$10,564$9,957$9,386$8,847$8,340$7,910
7 years$8,964$8,362$7,800$7,274$6,783$6,369
8 years$7,764$7,168$6,615$6,102$5,627$5,230
9 years$6,832$6,241$5,697$5,197$4,739$4,359
10 years$6,086$5,501$4,967$4,480$4,038$3,675
11 years$5,476$4,897$4,373$3,899$3,473$3,126
12 years$4,969$4,396$3,881$3,420$3,009$2,679
13 years$4,539$3,972$3,467$3,019$2,624$2,309
14 years$4,172$3,611$3,115$2,680$2,300$2,001
15 years$3,854$3,298$2,813$2,390$2,025$1,741
16 years$3,575$3,026$2,550$2,140$1,790$1,520
17 years$3,330$2,787$2,321$1,923$1,587$1,331
18 years$3,112$2,575$2,118$1,733$1,411$1,169
19 years$2,918$2,387$1,939$1,566$1,258$1,029
20 years$2,743$2,218$1,780$1,418$1,124$907
21 years$2,585$2,066$1,637$1,287$1,005$801
22 years$2,441$1,929$1,509$1,170$901$709
23 years$2,310$1,804$1,393$1,066$809$628
24 years$2,191$1,690$1,288$972$727$557
25 years$2,081$1,586$1,193$888$654$494
26 years$1,979$1,491$1,107$812$589$439
27 years$1,885$1,403$1,028$743$531$390
28 years$1,799$1,322$955$681$479$347
29 years$1,718$1,247$889$624$433$309
30 years$1,643$1,178$828$573$391$275
31 years$1,572$1,113$772$526$354$245
32 years$1,507$1,053$720$484$320$218
33 years$1,445$998$673$445$290$195
34 years$1,387$945$628$409$262$174
35 years$1,333$897$588$377$237$155
36 years$1,282$851$550$347$215$138
37 years$1,233$808$514$320$195$124
38 years$1,188$768$482$295$177$110
39 years$1,144$731$451$272$160$99
40 years$1,103$695$423$251$145$88
41 years$1,064$662$397$231$132$79
42 years$1,027$630$372$213$120$70
43 years$992$600$349$197$109$63
44 years$959$572$328$182$99$56
45 years$927$546$308$168$90$50
46 years$897$521$289$155$81$45
47 years$868$497$272$143$74$40
48 years$840$474$255$132$67$36
49 years$813$453$240$122$61$32
50 years$788$433$225$113$55$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $807,000, adding $4,314 every year, while hoping to spend $40,723 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: 81/7/12 Blend
44$807,000$807,000$807,000$807,000
45$893,764$850,993$838,484$963,868
46$941,599$849,363$823,245$1,008,860
47$992,948$846,288$806,130$1,052,470
48$1,048,127$841,654$787,033$1,099,142
49$1,107,482$835,341$765,845$1,149,163
50$1,171,394$827,221$742,449$1,202,849
51$1,240,279$817,158$716,724$1,260,547
52$1,314,596$805,008$688,543$1,322,641
53$1,394,851$790,618$657,775$1,389,553
54$1,481,595$773,828$624,280$1,461,748
55$1,575,438$754,466$587,913$1,539,740
56$1,677,048$732,351$548,524$1,624,093
57$1,787,162$707,291$505,955$1,715,431
58$1,906,587$679,083$460,039$1,814,439
59$2,036,214$647,513$410,605$1,921,876
60$2,177,020$612,353$357,473$2,038,575
61$2,330,081$573,363$300,453$2,165,456
62$2,496,581$530,290$239,350$2,303,532
63$2,677,822$482,864$173,958$2,453,921
64$2,875,238$430,802$104,064$2,617,855
65$3,090,405$373,804$29,442$2,796,692
66$3,325,058$311,552$0$2,991,929
67$3,581,108$243,712$0$3,211,643
68$3,860,657$169,930$0$3,455,667
69$4,166,020$89,833$0$3,722,267
70$4,499,744$3,025$0$4,013,687
71$4,864,636$0$0$4,332,402
72$5,263,783$0$0$4,688,137
73$5,700,585$0$0$5,077,707
74$6,178,789$0$0$5,504,223
75$6,702,516$0$0$5,971,363
76$7,276,309$0$0$6,483,182
77$7,905,168$0$0$7,044,142
78$8,594,600$0$0$7,659,160
79$9,350,673$0$0$8,333,650
80$10,180,067$0$0$9,073,576
81$11,090,141$0$0$9,885,506
82$12,089,002$0$0$10,776,675
83$13,185,578$0$0$11,755,053
84$14,389,705$0$0$12,829,419
85$15,712,217$0$0$14,009,444
86$17,165,051$0$0$15,305,781
87$18,761,355$0$0$16,730,167
88$20,515,614$0$0$18,295,531
89$22,443,787$0$0$20,016,117
90$24,563,453$0$0$21,907,618
91$26,893,984$0$0$23,987,322
92$29,456,718$0$0$26,274,278
93$32,275,166$0$0$28,789,471
94$35,375,233$0$0$31,556,023
95$38,785,458$0$0$34,599,410
96$42,537,289$0$0$37,947,698
97$46,665,370$0$0$41,631,816
98$51,207,879$0$0$45,685,837
99$56,206,876$0$0$50,147,307
100$61,708,709$0$0$55,057,594