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%12.4%
1 years$66,641$66,048$65,469$64,903$64,351$63,706
2 years$32,991$32,376$31,781$31,203$30,643$29,993
3 years$21,775$21,158$20,564$19,992$19,441$18,807
4 years$16,169$15,554$14,966$14,403$13,866$13,252
5 years$12,806$12,194$11,614$11,063$10,541$9,949
6 years$10,564$9,957$9,386$8,847$8,340$7,771
7 years$8,964$8,362$7,800$7,274$6,783$6,237
8 years$7,764$7,168$6,615$6,102$5,627$5,104
9 years$6,832$6,241$5,697$5,197$4,739$4,239
10 years$6,086$5,501$4,967$4,480$4,038$3,561
11 years$5,476$4,897$4,373$3,899$3,473$3,018
12 years$4,969$4,396$3,881$3,420$3,009$2,576
13 years$4,539$3,972$3,467$3,019$2,624$2,212
14 years$4,172$3,611$3,115$2,680$2,300$1,909
15 years$3,854$3,298$2,813$2,390$2,025$1,655
16 years$3,575$3,026$2,550$2,140$1,790$1,439
17 years$3,330$2,787$2,321$1,923$1,587$1,255
18 years$3,112$2,575$2,118$1,733$1,411$1,097
19 years$2,918$2,387$1,939$1,566$1,258$961
20 years$2,743$2,218$1,780$1,418$1,124$844
21 years$2,585$2,066$1,637$1,287$1,005$742
22 years$2,441$1,929$1,509$1,170$901$654
23 years$2,310$1,804$1,393$1,066$809$576
24 years$2,191$1,690$1,288$972$727$509
25 years$2,081$1,586$1,193$888$654$449
26 years$1,979$1,491$1,107$812$589$397
27 years$1,885$1,403$1,028$743$531$351
28 years$1,799$1,322$955$681$479$311
29 years$1,718$1,247$889$624$433$276
30 years$1,643$1,178$828$573$391$244
31 years$1,572$1,113$772$526$354$217
32 years$1,507$1,053$720$484$320$192
33 years$1,445$998$673$445$290$170
34 years$1,387$945$628$409$262$151
35 years$1,333$897$588$377$237$134
36 years$1,282$851$550$347$215$119
37 years$1,233$808$514$320$195$106
38 years$1,188$768$482$295$177$94
39 years$1,144$731$451$272$160$84
40 years$1,103$695$423$251$145$74
41 years$1,064$662$397$231$132$66
42 years$1,027$630$372$213$120$59
43 years$992$600$349$197$109$52
44 years$959$572$328$182$99$46
45 years$927$546$308$168$90$41
46 years$897$521$289$155$81$37
47 years$868$497$272$143$74$33
48 years$840$474$255$132$67$29
49 years$813$453$240$122$61$26
50 years$788$433$225$113$55$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $807,000, adding $3,925 every year, while hoping to spend $49,079 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: 53/28/19 Blend
44$807,000$807,000$807,000$807,000
45$893,363$850,592$838,083$935,883
46$932,266$840,051$813,939$954,940
47$973,492$827,349$787,342$970,187
48$1,017,227$812,328$758,156$985,714
49$1,063,673$794,820$726,243$1,001,562
50$1,113,051$774,650$691,455$1,017,779
51$1,165,603$751,628$653,640$1,034,424
52$1,221,595$725,558$612,637$1,051,560
53$1,281,316$696,229$568,279$1,069,263
54$1,345,086$663,420$520,392$1,087,619
55$1,413,251$626,894$468,792$1,106,728
56$1,486,195$586,404$413,289$1,126,701
57$1,564,336$541,688$353,683$1,147,668
58$1,648,134$492,466$289,767$1,169,774
59$1,738,093$438,446$221,323$1,193,186
60$1,834,766$379,317$148,125$1,218,090
61$1,938,760$314,752$69,935$1,244,699
62$2,050,742$244,403$0$1,273,253
63$2,171,445$167,906$0$1,306,758
64$2,301,672$84,873$0$1,358,090
65$2,442,308$0$0$1,413,451
66$2,594,324$0$0$1,474,853
67$2,758,786$0$0$1,569,637
68$2,936,869$0$0$1,672,335
69$3,129,862$0$0$1,783,701
70$3,339,183$0$0$1,904,561
71$3,566,392$0$0$2,035,825
72$3,813,205$0$0$2,178,492
73$4,081,508$0$0$2,333,665
74$4,373,379$0$0$2,502,554
75$4,691,100$0$0$2,686,492
76$5,037,185$0$0$2,886,945
77$5,414,400$0$0$3,105,526
78$5,825,788$0$0$3,344,012
79$6,274,701$0$0$3,604,358
80$6,764,825$0$0$3,888,716
81$7,300,220$0$0$4,199,455
82$7,885,355$0$0$4,539,183
83$8,525,150$0$0$4,910,772
84$9,225,022$0$0$5,317,384
85$9,990,936$0$0$5,762,500
86$10,829,458$0$0$6,249,955
87$11,747,823$0$0$6,783,969
88$12,753,995$0$0$7,369,193
89$13,856,745$0$0$8,010,748
90$15,065,733$0$0$8,714,274
91$16,391,599$0$0$9,485,981
92$17,846,062$0$0$10,332,713
93$19,442,030$0$0$11,262,004
94$21,193,721$0$0$12,282,157
95$23,116,795$0$0$13,402,316
96$25,228,503$0$0$14,632,553
97$27,547,851$0$0$15,983,966
98$30,095,772$0$0$17,468,777
99$32,895,329$0$0$19,100,454
100$35,971,930$0$0$20,893,833