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%20%
1 years$66,641$66,048$65,469$64,903$64,351$61,774
2 years$32,991$32,376$31,781$31,203$30,643$28,079
3 years$21,775$21,158$20,564$19,992$19,441$16,971
4 years$16,169$15,554$14,966$14,403$13,866$11,508
5 years$12,806$12,194$11,614$11,063$10,541$8,301
6 years$10,564$9,957$9,386$8,847$8,340$6,221
7 years$8,964$8,362$7,800$7,274$6,783$4,783
8 years$7,764$7,168$6,615$6,102$5,627$3,744
9 years$6,832$6,241$5,697$5,197$4,739$2,970
10 years$6,086$5,501$4,967$4,480$4,038$2,380
11 years$5,476$4,897$4,373$3,899$3,473$1,921
12 years$4,969$4,396$3,881$3,420$3,009$1,561
13 years$4,539$3,972$3,467$3,019$2,624$1,274
14 years$4,172$3,611$3,115$2,680$2,300$1,044
15 years$3,854$3,298$2,813$2,390$2,025$858
16 years$3,575$3,026$2,550$2,140$1,790$706
17 years$3,330$2,787$2,321$1,923$1,587$583
18 years$3,112$2,575$2,118$1,733$1,411$482
19 years$2,918$2,387$1,939$1,566$1,258$399
20 years$2,743$2,218$1,780$1,418$1,124$331
21 years$2,585$2,066$1,637$1,287$1,005$275
22 years$2,441$1,929$1,509$1,170$901$228
23 years$2,310$1,804$1,393$1,066$809$189
24 years$2,191$1,690$1,288$972$727$157
25 years$2,081$1,586$1,193$888$654$131
26 years$1,979$1,491$1,107$812$589$109
27 years$1,885$1,403$1,028$743$531$91
28 years$1,799$1,322$955$681$479$75
29 years$1,718$1,247$889$624$433$63
30 years$1,643$1,178$828$573$391$52
31 years$1,572$1,113$772$526$354$44
32 years$1,507$1,053$720$484$320$36
33 years$1,445$998$673$445$290$30
34 years$1,387$945$628$409$262$25
35 years$1,333$897$588$377$237$21
36 years$1,282$851$550$347$215$17
37 years$1,233$808$514$320$195$15
38 years$1,188$768$482$295$177$12
39 years$1,144$731$451$272$160$10
40 years$1,103$695$423$251$145$8
41 years$1,064$662$397$231$132$7
42 years$1,027$630$372$213$120$6
43 years$992$600$349$197$109$5
44 years$959$572$328$182$99$4
45 years$927$546$308$168$90$3
46 years$897$521$289$155$81$3
47 years$868$497$272$143$74$2
48 years$840$474$255$132$67$2
49 years$813$453$240$122$61$2
50 years$788$433$225$113$55$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $807,000, adding $6,518 every year, while hoping to spend $40,033 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: 65/25/10 Blend
44$807,000$807,000$807,000$807,000
45$896,037$853,266$840,758$951,942
46$944,838$852,482$826,328$989,241
47$997,275$850,317$810,074$1,024,663
48$1,053,677$846,662$791,891$1,062,339
49$1,114,404$841,400$771,671$1,102,485
50$1,179,852$834,408$749,301$1,145,341
51$1,250,457$825,554$724,663$1,191,172
52$1,326,698$814,700$697,633$1,240,271
53$1,409,098$801,697$668,081$1,292,963
54$1,498,237$786,391$635,872$1,349,606
55$1,594,747$768,615$600,865$1,410,598
56$1,699,329$748,194$562,911$1,476,377
57$1,812,748$724,943$521,855$1,547,428
58$1,935,848$698,665$477,538$1,624,288
59$2,069,558$669,153$429,789$1,707,549
60$2,214,898$636,187$378,432$1,797,868
61$2,372,992$599,535$323,284$1,895,969
62$2,545,075$558,950$264,151$2,002,652
63$2,732,507$514,172$200,834$2,118,803
64$2,936,783$464,927$133,123$2,245,400
65$3,159,551$410,924$60,798$2,383,523
66$3,402,622$351,857$0$2,534,367
67$3,667,991$287,400$0$2,701,000
68$3,957,855$217,211$0$2,890,168
69$4,274,631$140,928$0$3,097,012
70$4,620,979$58,170$0$3,323,339
71$4,999,830$0$0$3,571,142
72$5,414,411$0$0$3,851,277
73$5,868,274$0$0$4,175,527
74$6,365,331$0$0$4,530,689
75$6,909,891$0$0$4,919,850
76$7,506,697$0$0$5,346,407
77$8,160,976$0$0$5,814,102
78$8,878,482$0$0$6,327,055
79$9,665,553$0$0$6,889,808
80$10,529,172$0$0$7,507,359
81$11,477,029$0$0$8,185,216
82$12,517,595$0$0$8,929,446
83$13,660,200$0$0$9,746,732
84$14,915,124$0$0$10,644,435
85$16,293,690$0$0$11,630,665
86$17,808,373$0$0$12,714,356
87$19,472,913$0$0$13,905,350
88$21,302,452$0$0$15,214,491
89$23,313,668$0$0$16,653,725
90$25,524,936$0$0$18,236,212
91$27,956,502$0$0$19,976,453
92$30,630,671$0$0$21,890,422
93$33,572,016$0$0$23,995,723
94$36,807,615$0$0$26,311,747
95$40,367,299$0$0$28,859,862
96$44,283,939$0$0$31,663,611
97$48,593,749$0$0$34,748,934
98$53,336,635$0$0$38,144,412
99$58,556,565$0$0$41,881,538
100$64,301,984$0$0$45,995,012