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%18.9%
1 years$66,724$66,130$65,550$64,984$64,431$62,120
2 years$33,032$32,416$31,820$31,242$30,681$28,378
3 years$21,802$21,185$20,590$20,017$19,466$17,243
4 years$16,189$15,573$14,984$14,421$13,883$11,757
5 years$12,822$12,209$11,628$11,077$10,554$8,530
6 years$10,577$9,970$9,397$8,858$8,351$6,432
7 years$8,975$8,373$7,809$7,283$6,791$4,976
8 years$7,774$7,177$6,623$6,109$5,634$3,921
9 years$6,840$6,249$5,704$5,204$4,745$3,131
10 years$6,094$5,508$4,973$4,486$4,043$2,527
11 years$5,483$4,903$4,378$3,904$3,477$2,055
12 years$4,975$4,401$3,886$3,424$3,013$1,681
13 years$4,545$3,977$3,472$3,023$2,627$1,383
14 years$4,177$3,615$3,119$2,684$2,303$1,141
15 years$3,858$3,303$2,816$2,393$2,028$945
16 years$3,580$3,030$2,553$2,143$1,792$785
17 years$3,334$2,791$2,323$1,925$1,589$653
18 years$3,116$2,579$2,121$1,735$1,413$545
19 years$2,921$2,390$1,942$1,568$1,259$455
20 years$2,746$2,221$1,782$1,420$1,125$380
21 years$2,588$2,069$1,639$1,289$1,007$318
22 years$2,444$1,931$1,511$1,172$902$266
23 years$2,313$1,806$1,395$1,067$810$223
24 years$2,193$1,692$1,290$973$728$187
25 years$2,083$1,588$1,195$889$655$157
26 years$1,982$1,492$1,108$813$590$132
27 years$1,888$1,404$1,029$744$532$111
28 years$1,801$1,323$957$682$480$93
29 years$1,720$1,249$890$625$433$78
30 years$1,645$1,179$829$574$392$66
31 years$1,574$1,115$773$527$354$55
32 years$1,509$1,055$721$484$320$46
33 years$1,447$999$673$445$290$39
34 years$1,389$947$629$410$262$33
35 years$1,335$898$588$377$238$28
36 years$1,283$852$550$347$215$23
37 years$1,235$809$515$320$195$19
38 years$1,189$769$482$295$177$16
39 years$1,146$731$452$272$160$14
40 years$1,105$696$424$251$146$12
41 years$1,066$662$397$231$132$10
42 years$1,029$631$373$214$120$8
43 years$994$601$350$197$109$7
44 years$960$573$328$182$99$6
45 years$928$546$308$168$90$5
46 years$898$521$289$155$81$4
47 years$869$497$272$143$74$3
48 years$841$475$255$133$67$3
49 years$814$453$240$123$61$2
50 years$789$433$226$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $808,000, adding $2,915 every year, while hoping to spend $53,330 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: 82/9/9 Blend
44$808,000$808,000$808,000$808,000
45$893,423$850,599$838,075$965,317
46$927,809$835,535$809,408$997,743
47$963,916$817,947$777,993$1,025,950
48$1,001,861$797,652$743,682$1,055,300
49$1,041,776$774,462$706,319$1,085,876
50$1,083,799$748,173$665,744$1,117,773
51$1,128,086$718,573$621,786$1,151,094
52$1,174,803$685,435$574,267$1,185,951
53$1,224,132$648,520$523,004$1,222,469
54$1,276,272$607,576$467,803$1,260,787
55$1,331,439$562,335$408,462$1,301,056
56$1,389,871$512,514$344,771$1,343,444
57$1,451,825$457,814$276,508$1,388,137
58$1,517,584$397,921$203,444$1,435,338
59$1,587,458$332,499$125,339$1,485,273
60$1,661,784$261,196$41,943$1,538,192
61$1,740,931$183,641$0$1,594,368
62$1,825,306$99,439$0$1,658,626
63$1,915,351$8,175$0$1,731,372
64$2,011,552$0$0$1,808,973
65$2,114,442$0$0$1,900,838
66$2,224,605$0$0$2,000,075
67$2,342,681$0$0$2,106,453
68$2,469,372$0$0$2,220,606
69$2,605,450$0$0$2,343,230
70$2,751,760$0$0$2,475,090
71$2,909,231$0$0$2,617,025
72$3,078,883$0$0$2,769,955
73$3,261,836$0$0$2,934,893
74$3,459,321$0$0$3,112,951
75$3,672,690$0$0$3,305,349
76$3,903,428$0$0$3,513,430
77$4,153,170$0$0$3,738,670
78$4,423,711$0$0$3,982,691
79$4,717,025$0$0$4,247,277
80$5,035,283$0$0$4,534,388
81$5,380,873$0$0$4,846,183
82$5,756,420$0$0$5,185,032
83$6,164,815$0$0$5,553,548
84$6,609,234$0$0$5,954,601
85$7,093,177$0$0$6,391,350
86$7,620,489$0$0$6,867,274
87$8,195,408$0$0$7,386,198
88$8,822,594$0$0$7,952,334
89$9,507,177$0$0$8,570,317
90$10,254,805$0$0$9,245,250
91$11,071,695$0$0$9,982,751
92$11,964,691$0$0$10,789,002
93$12,941,329$0$0$11,670,814
94$14,009,905$0$0$12,635,682
95$15,179,556$0$0$13,691,862
96$16,460,341$0$0$14,848,444
97$17,863,339$0$0$16,115,437
98$19,400,751$0$0$17,503,865
99$21,086,011$0$0$19,025,871
100$22,933,920$0$0$20,694,823