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%14.3%
1 years$66,806$66,211$65,631$65,064$64,511$63,364
2 years$33,073$32,457$31,860$31,281$30,719$29,568
3 years$21,829$21,211$20,615$20,042$19,490$18,369
4 years$16,209$15,592$15,003$14,439$13,900$12,820
5 years$12,837$12,224$11,643$11,091$10,567$9,529
6 years$10,591$9,982$9,409$8,869$8,361$7,368
7 years$8,986$8,383$7,819$7,292$6,800$5,851
8 years$7,784$7,186$6,631$6,117$5,641$4,736
9 years$6,849$6,257$5,711$5,210$4,751$3,889
10 years$6,101$5,515$4,979$4,491$4,048$3,229
11 years$5,490$4,910$4,384$3,909$3,481$2,705
12 years$4,981$4,407$3,890$3,429$3,017$2,281
13 years$4,551$3,982$3,476$3,027$2,631$1,935
14 years$4,182$3,620$3,123$2,687$2,306$1,649
15 years$3,863$3,307$2,820$2,396$2,030$1,410
16 years$3,584$3,034$2,556$2,146$1,794$1,210
17 years$3,338$2,794$2,326$1,928$1,591$1,041
18 years$3,120$2,582$2,124$1,737$1,415$898
19 years$2,925$2,393$1,944$1,570$1,261$776
20 years$2,750$2,223$1,784$1,422$1,126$672
21 years$2,591$2,071$1,641$1,290$1,008$582
22 years$2,447$1,933$1,512$1,173$903$506
23 years$2,316$1,808$1,397$1,068$811$439
24 years$2,196$1,694$1,292$975$729$382
25 years$2,086$1,590$1,196$890$656$332
26 years$1,984$1,494$1,109$814$591$289
27 years$1,890$1,406$1,030$745$533$252
28 years$1,803$1,325$958$682$481$220
29 years$1,722$1,250$891$626$434$192
30 years$1,647$1,181$830$574$392$167
31 years$1,576$1,116$774$527$355$146
32 years$1,511$1,056$722$485$321$128
33 years$1,449$1,000$674$446$290$111
34 years$1,391$948$630$410$263$97
35 years$1,336$899$589$378$238$85
36 years$1,285$853$551$348$216$74
37 years$1,236$810$516$320$195$65
38 years$1,191$770$483$295$177$57
39 years$1,147$732$452$272$161$50
40 years$1,106$697$424$251$146$43
41 years$1,067$663$398$232$132$38
42 years$1,030$632$373$214$120$33
43 years$995$602$350$197$109$29
44 years$961$574$329$182$99$25
45 years$929$547$308$168$90$22
46 years$899$522$290$155$81$19
47 years$870$498$272$144$74$17
48 years$842$475$256$133$67$15
49 years$815$454$240$123$61$13
50 years$790$434$226$113$55$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $809,000, adding $2,834 every year, while hoping to spend $45,321 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: 56/29/15 Blend
44$809,000$809,000$809,000$809,000
45$894,441$851,564$839,025$940,879
46$937,453$845,070$818,911$966,233
47$983,333$836,738$796,604$988,670
48$1,032,326$826,431$771,984$1,012,072
49$1,084,700$814,003$744,922$1,036,541
50$1,140,749$799,299$715,286$1,062,190
51$1,200,796$782,155$682,939$1,089,147
52$1,265,194$762,397$647,734$1,117,555
53$1,334,330$739,841$609,520$1,147,574
54$1,408,631$714,293$568,138$1,179,384
55$1,488,565$685,546$523,423$1,213,184
56$1,574,643$653,383$475,203$1,249,198
57$1,667,430$617,572$423,296$1,287,676
58$1,767,545$577,870$367,513$1,328,897
59$1,875,668$534,019$307,658$1,373,171
60$1,992,546$485,745$243,524$1,420,845
61$2,119,000$432,762$174,897$1,472,304
62$2,255,935$374,763$101,553$1,527,980
63$2,404,341$311,428$23,256$1,588,350
64$2,565,312$242,416$0$1,653,947
65$2,740,047$167,368$0$1,735,014
66$2,929,867$85,904$0$1,827,158
67$3,136,224$0$0$1,927,427
68$3,360,716$0$0$2,037,437
69$3,605,101$0$0$2,187,102
70$3,871,314$0$0$2,350,200
71$4,161,482$0$0$2,528,044
72$4,477,950$0$0$2,722,080
73$4,823,295$0$0$2,933,897
74$5,200,356$0$0$3,165,245
75$5,612,258$0$0$3,418,052
76$6,062,440$0$0$3,694,439
77$6,554,688$0$0$3,996,740
78$7,093,174$0$0$4,327,529
79$7,682,487$0$0$4,689,637
80$8,327,683$0$0$5,086,182
81$9,034,328$0$0$5,520,598
82$9,808,554$0$0$5,996,666
83$10,657,112$0$0$6,518,552
84$11,587,438$0$0$7,090,842
85$12,607,720$0$0$7,718,589
86$13,726,980$0$0$8,407,358
87$14,955,153$0$0$9,163,277
88$16,303,182$0$0$9,993,098
89$17,783,122$0$0$10,904,259
90$19,408,251$0$0$11,904,952
91$21,193,199$0$0$13,004,202
92$23,154,078$0$0$14,211,952
93$25,308,640$0$0$15,539,153
94$27,676,443$0$0$16,997,873
95$30,279,030$0$0$18,601,405
96$33,140,139$0$0$20,364,394
97$36,285,919$0$0$22,302,976
98$39,745,182$0$0$24,434,927
99$43,549,669$0$0$26,779,835
100$47,734,355$0$0$29,359,279