Can I retire at age 45 with 808,000?

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 $808,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$66,724$66,130$65,550$64,984$64,431$63,626
2 years$33,032$32,416$31,820$31,242$30,681$29,871
3 years$21,802$21,185$20,590$20,017$19,466$18,676
4 years$16,189$15,573$14,984$14,421$13,883$13,119
5 years$12,822$12,209$11,628$11,077$10,554$9,818
6 years$10,577$9,970$9,397$8,858$8,351$7,645
7 years$8,975$8,373$7,809$7,283$6,791$6,115
8 years$7,774$7,177$6,623$6,109$5,634$4,987
9 years$6,840$6,249$5,704$5,204$4,745$4,127
10 years$6,094$5,508$4,973$4,486$4,043$3,454
11 years$5,483$4,903$4,378$3,904$3,477$2,917
12 years$4,975$4,401$3,886$3,424$3,013$2,481
13 years$4,545$3,977$3,472$3,023$2,627$2,122
14 years$4,177$3,615$3,119$2,684$2,303$1,824
15 years$3,858$3,303$2,816$2,393$2,028$1,574
16 years$3,580$3,030$2,553$2,143$1,792$1,363
17 years$3,334$2,791$2,323$1,925$1,589$1,184
18 years$3,116$2,579$2,121$1,735$1,413$1,031
19 years$2,921$2,390$1,942$1,568$1,259$899
20 years$2,746$2,221$1,782$1,420$1,125$786
21 years$2,588$2,069$1,639$1,289$1,007$688
22 years$2,444$1,931$1,511$1,172$902$603
23 years$2,313$1,806$1,395$1,067$810$529
24 years$2,193$1,692$1,290$973$728$465
25 years$2,083$1,588$1,195$889$655$409
26 years$1,982$1,492$1,108$813$590$360
27 years$1,888$1,404$1,029$744$532$317
28 years$1,801$1,323$957$682$480$279
29 years$1,720$1,249$890$625$433$246
30 years$1,645$1,179$829$574$392$217
31 years$1,574$1,115$773$527$354$191
32 years$1,509$1,055$721$484$320$169
33 years$1,447$999$673$445$290$149
34 years$1,389$947$629$410$262$132
35 years$1,335$898$588$377$238$116
36 years$1,283$852$550$347$215$103
37 years$1,235$809$515$320$195$91
38 years$1,189$769$482$295$177$80
39 years$1,146$731$452$272$160$71
40 years$1,105$696$424$251$146$63
41 years$1,066$662$397$231$132$55
42 years$1,029$631$373$214$120$49
43 years$994$601$350$197$109$43
44 years$960$573$328$182$99$38
45 years$928$546$308$168$90$34
46 years$898$521$289$155$81$30
47 years$869$497$272$143$74$27
48 years$841$475$255$133$67$23
49 years$814$453$240$123$61$21
50 years$789$433$226$113$55$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $808,000, adding $6,521 every year, while hoping to spend $57,358 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: 85/9/6 Blend
44$808,000$808,000$808,000$808,000
45$897,142$854,318$841,794$972,583
46$927,622$835,152$808,966$1,003,598
47$959,289$813,123$773,116$1,029,136
48$992,203$788,032$734,081$1,055,361
49$1,026,428$759,667$691,694$1,082,304
50$1,062,035$727,801$645,776$1,109,998
51$1,099,097$692,198$596,144$1,138,478
52$1,137,695$652,606$542,605$1,167,783
53$1,177,914$608,757$484,956$1,197,958
54$1,219,847$560,372$422,988$1,229,048
55$1,263,593$507,152$356,480$1,261,106
56$1,309,260$448,783$285,203$1,294,188
57$1,356,963$384,933$208,916$1,328,358
58$1,406,829$315,250$127,370$1,363,683
59$1,458,991$239,363$40,303$1,400,240
60$1,513,598$156,881$0$1,438,112
61$1,570,806$67,389$0$1,480,759
62$1,630,788$0$0$1,527,888
63$1,693,731$0$0$1,579,973
64$1,759,838$0$0$1,641,689
65$1,829,327$0$0$1,706,567
66$1,902,439$0$0$1,774,831
67$1,979,434$0$0$1,846,726
68$2,060,595$0$0$1,922,516
69$2,146,231$0$0$2,002,491
70$2,236,679$0$0$2,086,965
71$2,332,305$0$0$2,176,282
72$2,433,512$0$0$2,270,818
73$2,540,736$0$0$2,370,982
74$2,654,455$0$0$2,477,222
75$2,775,193$0$0$2,590,027
76$2,903,520$0$0$2,709,932
77$3,040,062$0$0$2,837,522
78$3,185,503$0$0$2,973,439
79$3,340,594$0$0$3,118,384
80$3,506,154$0$0$3,273,125
81$3,683,082$0$0$3,438,505
82$3,872,366$0$0$3,615,446
83$4,075,085$0$0$3,804,962
84$4,292,425$0$0$4,008,161
85$4,525,687$0$0$4,226,262
86$4,776,297$0$0$4,460,601
87$5,045,824$0$0$4,712,645
88$5,335,985$0$0$4,984,006
89$5,648,671$0$0$5,276,451
90$5,985,956$0$0$5,591,924
91$6,350,120$0$0$5,932,560
92$6,743,666$0$0$6,300,703
93$7,169,348$0$0$6,698,933
94$7,630,191$0$0$7,130,082
95$8,129,522$0$0$7,597,265
96$8,670,997$0$0$8,103,909
97$9,258,639$0$0$8,653,780
98$9,896,871$0$0$9,251,020
99$10,590,560$0$0$9,900,188
100$11,345,057$0$0$10,606,295