Can I retire at age 45 with 809,000?

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 $809,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$66,806$66,211$65,631$65,064$64,511$62,672
2 years$33,073$32,457$31,860$31,281$30,719$28,881
3 years$21,829$21,211$20,615$20,042$19,490$17,709
4 years$16,209$15,592$15,003$14,439$13,900$12,192
5 years$12,837$12,224$11,643$11,091$10,567$8,935
6 years$10,591$9,982$9,409$8,869$8,361$6,807
7 years$8,986$8,383$7,819$7,292$6,800$5,324
8 years$7,784$7,186$6,631$6,117$5,641$4,242
9 years$6,849$6,257$5,711$5,210$4,751$3,428
10 years$6,101$5,515$4,979$4,491$4,048$2,799
11 years$5,490$4,910$4,384$3,909$3,481$2,304
12 years$4,981$4,407$3,890$3,429$3,017$1,909
13 years$4,551$3,982$3,476$3,027$2,631$1,590
14 years$4,182$3,620$3,123$2,687$2,306$1,331
15 years$3,863$3,307$2,820$2,396$2,030$1,117
16 years$3,584$3,034$2,556$2,146$1,794$940
17 years$3,338$2,794$2,326$1,928$1,591$794
18 years$3,120$2,582$2,124$1,737$1,415$671
19 years$2,925$2,393$1,944$1,570$1,261$568
20 years$2,750$2,223$1,784$1,422$1,126$482
21 years$2,591$2,071$1,641$1,290$1,008$409
22 years$2,447$1,933$1,512$1,173$903$348
23 years$2,316$1,808$1,397$1,068$811$296
24 years$2,196$1,694$1,292$975$729$252
25 years$2,086$1,590$1,196$890$656$215
26 years$1,984$1,494$1,109$814$591$183
27 years$1,890$1,406$1,030$745$533$156
28 years$1,803$1,325$958$682$481$133
29 years$1,722$1,250$891$626$434$113
30 years$1,647$1,181$830$574$392$97
31 years$1,576$1,116$774$527$355$83
32 years$1,511$1,056$722$485$321$71
33 years$1,449$1,000$674$446$290$60
34 years$1,391$948$630$410$263$51
35 years$1,336$899$589$378$238$44
36 years$1,285$853$551$348$216$38
37 years$1,236$810$516$320$195$32
38 years$1,191$770$483$295$177$27
39 years$1,147$732$452$272$161$23
40 years$1,106$697$424$251$146$20
41 years$1,067$663$398$232$132$17
42 years$1,030$632$373$214$120$15
43 years$995$602$350$197$109$12
44 years$961$574$329$182$99$11
45 years$929$547$308$168$90$9
46 years$899$522$290$155$81$8
47 years$870$498$272$144$74$7
48 years$842$475$256$133$67$6
49 years$815$454$240$123$61$5
50 years$790$434$226$113$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $809,000, adding $2,097 every year, while hoping to spend $49,863 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: 34/48/18 Blend
44$809,000$809,000$809,000$809,000
45$893,681$850,804$838,265$919,045
46$931,783$839,440$813,293$926,499
47$972,099$825,847$785,813$929,757
48$1,014,805$809,865$755,689$932,217
49$1,060,088$791,321$722,777$933,838
50$1,108,156$770,035$686,929$934,579
51$1,159,234$745,813$647,988$934,398
52$1,213,572$718,453$605,791$933,257
53$1,271,438$687,740$560,167$931,115
54$1,333,131$653,445$510,939$927,938
55$1,398,975$615,328$457,920$923,690
56$1,469,325$573,134$400,915$918,340
57$1,544,572$526,594$339,722$911,862
58$1,625,144$475,422$274,128$904,234
59$1,711,509$419,319$203,912$895,437
60$1,804,183$357,965$128,842$885,463
61$1,903,729$291,025$48,678$874,308
62$2,010,768$218,144$0$861,979
63$2,125,980$138,946$0$855,576
64$2,250,112$53,037$0$858,484
65$2,383,985$0$0$861,441
66$2,528,500$0$0$885,690
67$2,684,649$0$0$942,253
68$2,853,519$0$0$1,003,521
69$3,036,308$0$0$1,069,940
70$3,234,330$0$0$1,142,003
71$3,449,033$0$0$1,220,248
72$3,682,007$0$0$1,305,269
73$3,935,002$0$0$1,397,721
74$4,209,940$0$0$1,498,320
75$4,508,940$0$0$1,607,859
76$4,834,330$0$0$1,727,207
77$5,188,672$0$0$1,857,322
78$5,574,786$0$0$1,999,258
79$5,995,775$0$0$2,154,175
80$6,455,054$0$0$2,323,350
81$6,956,382$0$0$2,508,188
82$7,503,898$0$0$2,710,237
83$8,102,157$0$0$2,931,201
84$8,756,172$0$0$3,172,955
85$9,471,467$0$0$3,437,566
86$10,254,120$0$0$3,727,307
87$11,110,826$0$0$4,044,684
88$12,048,955$0$0$4,392,455
89$13,076,625$0$0$4,773,658
90$14,202,776$0$0$5,191,639
91$15,437,252$0$0$5,650,082
92$16,790,898$0$0$6,153,047
93$18,275,656$0$0$6,705,004
94$19,904,680$0$0$7,310,877
95$21,692,458$0$0$7,976,091
96$23,654,952$0$0$8,706,621
97$25,809,740$0$0$9,509,050
98$28,176,190$0$0$10,390,629
99$30,775,633$0$0$11,359,347
100$33,631,572$0$0$12,424,002