Can I retire at age 45 with 811,000?

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 $811,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$66,972$66,375$65,793$65,225$64,670$64,075
2 years$33,154$32,537$31,938$31,358$30,795$30,196
3 years$21,883$21,263$20,666$20,091$19,538$18,952
4 years$16,249$15,631$15,040$14,475$13,935$13,367
5 years$12,869$12,255$11,671$11,118$10,593$10,046
6 years$10,617$10,007$9,432$8,891$8,382$7,856
7 years$9,008$8,404$7,838$7,310$6,817$6,312
8 years$7,803$7,204$6,647$6,132$5,655$5,172
9 years$6,866$6,272$5,725$5,223$4,762$4,300
10 years$6,116$5,528$4,992$4,502$4,058$3,616
11 years$5,504$4,922$4,395$3,918$3,490$3,069
12 years$4,993$4,417$3,900$3,437$3,024$2,623
13 years$4,562$3,992$3,484$3,034$2,637$2,255
14 years$4,193$3,629$3,131$2,694$2,312$1,949
15 years$3,873$3,315$2,827$2,402$2,035$1,691
16 years$3,593$3,041$2,563$2,151$1,799$1,473
17 years$3,347$2,801$2,332$1,933$1,595$1,286
18 years$3,128$2,588$2,129$1,742$1,418$1,126
19 years$2,932$2,399$1,949$1,574$1,264$988
20 years$2,756$2,229$1,789$1,425$1,129$869
21 years$2,597$2,076$1,645$1,294$1,010$765
22 years$2,453$1,938$1,516$1,176$906$675
23 years$2,322$1,813$1,400$1,071$813$596
24 years$2,201$1,698$1,295$977$731$527
25 years$2,091$1,594$1,199$892$658$466
26 years$1,989$1,498$1,112$816$592$413
27 years$1,895$1,410$1,033$747$534$366
28 years$1,808$1,328$960$684$482$324
29 years$1,726$1,253$893$627$435$288
30 years$1,651$1,183$832$576$393$255
31 years$1,580$1,119$776$529$355$227
32 years$1,514$1,059$724$486$322$202
33 years$1,452$1,003$676$447$291$179
34 years$1,394$950$632$411$263$159
35 years$1,340$901$590$379$239$142
36 years$1,288$855$552$349$216$126
37 years$1,239$812$517$321$196$112
38 years$1,193$772$484$296$178$100
39 years$1,150$734$454$273$161$89
40 years$1,109$698$425$252$146$79
41 years$1,070$665$399$232$133$70
42 years$1,033$633$374$214$120$63
43 years$997$603$351$198$109$56
44 years$964$575$329$183$99$50
45 years$932$548$309$169$90$44
46 years$901$523$290$156$82$39
47 years$872$499$273$144$74$35
48 years$844$477$256$133$67$31
49 years$817$455$241$123$61$28
50 years$792$435$227$114$56$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $811,000, adding $6,644 every year, while hoping to spend $22,825 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: 36/49/15 Blend
44$811,000$811,000$811,000$811,000
45$900,575$857,592$845,022$928,636
46$968,148$875,329$849,044$967,232
47$1,041,849$893,169$852,437$1,006,216
48$1,122,278$911,095$855,154$1,047,811
49$1,210,096$929,085$857,148$1,092,260
50$1,306,033$947,117$858,369$1,139,833
51$1,410,889$965,166$858,765$1,190,828
52$1,525,547$983,207$858,281$1,245,572
53$1,650,979$1,001,210$856,859$1,304,427
54$1,788,254$1,019,144$854,440$1,367,793
55$1,938,551$1,036,977$850,958$1,436,110
56$2,103,167$1,054,673$846,349$1,509,864
57$2,283,531$1,072,193$840,542$1,589,591
58$2,481,215$1,089,495$833,465$1,675,884
59$2,697,954$1,106,534$825,041$1,769,394
60$2,935,655$1,123,264$815,189$1,870,842
61$3,196,420$1,139,633$803,827$1,981,023
62$3,482,566$1,155,586$790,866$2,100,813
63$3,796,642$1,171,064$776,214$2,231,180
64$4,141,457$1,186,004$759,775$2,373,192
65$4,520,107$1,200,339$741,449$2,528,025
66$4,936,000$1,213,998$721,129$2,696,979
67$5,392,892$1,226,903$698,707$2,881,488
68$5,894,919$1,238,974$674,066$3,083,134
69$6,446,640$1,250,122$647,086$3,303,660
70$7,053,074$1,260,256$617,641$3,544,991
71$7,719,755$1,269,276$585,599$3,809,252
72$8,452,777$1,277,077$550,823$4,098,784
73$9,258,853$1,283,546$513,168$4,416,171
74$10,145,381$1,288,565$472,485$4,764,263
75$11,120,512$1,292,007$428,615$5,146,206
76$12,193,226$1,293,738$381,396$5,565,466
77$13,373,418$1,293,613$330,655$6,025,869
78$14,671,988$1,291,481$276,213$6,531,633
79$16,100,948$1,287,182$217,884$7,087,414
80$17,673,533$1,280,542$155,472$7,698,341
81$19,404,326$1,271,382$88,773$8,370,077
82$21,309,395$1,259,507$17,575$9,108,864
83$23,406,445$1,244,714$0$9,921,586
84$25,714,984$1,226,786$0$10,825,184
85$28,256,507$1,205,494$0$11,822,291
86$31,054,702$1,180,594$0$12,919,363
87$34,135,668$1,151,830$0$14,126,622
88$37,528,164$1,118,927$0$15,455,337
89$41,263,880$1,081,598$0$16,917,932
90$45,377,736$1,039,537$0$18,528,102
91$49,908,212$992,420$0$20,300,946
92$54,897,707$939,906$0$22,253,110
93$60,392,944$881,633$0$24,402,944
94$66,445,409$817,218$0$26,770,674
95$73,111,836$746,257$0$29,378,602
96$80,454,742$668,322$0$32,251,308
97$88,543,018$582,962$0$35,415,891
98$97,452,577$489,698$0$38,902,221
99$107,267,074$388,027$0$42,743,225
100$118,078,691$277,416$0$46,975,201