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%16.5%
1 years$66,972$66,375$65,793$65,225$64,670$62,954
2 years$33,154$32,537$31,938$31,358$30,795$29,078
3 years$21,883$21,263$20,666$20,091$19,538$17,873
4 years$16,249$15,631$15,040$14,475$13,935$12,336
5 years$12,869$12,255$11,671$11,118$10,593$9,064
6 years$10,617$10,007$9,432$8,891$8,382$6,924
7 years$9,008$8,404$7,838$7,310$6,817$5,431
8 years$7,803$7,204$6,647$6,132$5,655$4,340
9 years$6,866$6,272$5,725$5,223$4,762$3,517
10 years$6,116$5,528$4,992$4,502$4,058$2,881
11 years$5,504$4,922$4,395$3,918$3,490$2,380
12 years$4,993$4,417$3,900$3,437$3,024$1,978
13 years$4,562$3,992$3,484$3,034$2,637$1,654
14 years$4,193$3,629$3,131$2,694$2,312$1,388
15 years$3,873$3,315$2,827$2,402$2,035$1,169
16 years$3,593$3,041$2,563$2,151$1,799$988
17 years$3,347$2,801$2,332$1,933$1,595$837
18 years$3,128$2,588$2,129$1,742$1,418$710
19 years$2,932$2,399$1,949$1,574$1,264$604
20 years$2,756$2,229$1,789$1,425$1,129$514
21 years$2,597$2,076$1,645$1,294$1,010$438
22 years$2,453$1,938$1,516$1,176$906$374
23 years$2,322$1,813$1,400$1,071$813$319
24 years$2,201$1,698$1,295$977$731$273
25 years$2,091$1,594$1,199$892$658$233
26 years$1,989$1,498$1,112$816$592$200
27 years$1,895$1,410$1,033$747$534$171
28 years$1,808$1,328$960$684$482$146
29 years$1,726$1,253$893$627$435$125
30 years$1,651$1,183$832$576$393$107
31 years$1,580$1,119$776$529$355$92
32 years$1,514$1,059$724$486$322$79
33 years$1,452$1,003$676$447$291$68
34 years$1,394$950$632$411$263$58
35 years$1,340$901$590$379$239$50
36 years$1,288$855$552$349$216$43
37 years$1,239$812$517$321$196$37
38 years$1,193$772$484$296$178$31
39 years$1,150$734$454$273$161$27
40 years$1,109$698$425$252$146$23
41 years$1,070$665$399$232$133$20
42 years$1,033$633$374$214$120$17
43 years$997$603$351$198$109$15
44 years$964$575$329$183$99$13
45 years$932$548$309$169$90$11
46 years$901$523$290$156$82$9
47 years$872$499$273$144$74$8
48 years$844$477$256$133$67$7
49 years$817$455$241$123$61$6
50 years$792$435$227$114$56$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $811,000, adding $2,679 every year, while hoping to spend $34,440 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: 43/32/25 Blend
44$811,000$811,000$811,000$811,000
45$896,485$853,502$840,932$928,400
46$951,283$858,680$832,459$956,592
47$1,010,516$862,957$822,548$983,613
48$1,074,599$866,253$811,115$1,012,213
49$1,143,992$868,483$798,070$1,042,557
50$1,219,195$869,555$783,322$1,074,828
51$1,300,762$869,372$766,773$1,109,231
52$1,389,302$867,833$748,321$1,145,994
53$1,485,482$864,828$727,861$1,185,369
54$1,590,038$860,242$705,281$1,227,638
55$1,703,779$853,951$680,466$1,273,113
56$1,827,597$845,827$653,293$1,322,140
57$1,962,469$835,730$623,637$1,375,106
58$2,109,475$823,515$591,363$1,432,438
59$2,269,801$809,027$556,333$1,494,609
60$2,444,753$792,101$518,402$1,562,147
61$2,635,768$772,564$477,418$1,635,635
62$2,844,428$750,232$433,224$1,715,721
63$3,072,476$724,909$385,653$1,803,121
64$3,321,829$696,390$334,533$1,898,631
65$3,594,599$664,457$279,683$2,003,131
66$3,893,111$628,878$220,915$2,117,598
67$4,219,924$589,409$158,032$2,243,111
68$4,577,859$545,792$90,828$2,380,867
69$4,970,019$497,754$19,089$2,532,190
70$5,399,824$445,007$0$2,698,546
71$5,871,039$387,246$0$2,896,887
72$6,387,812$324,147$0$3,120,106
73$6,954,710$255,372$0$3,365,158
74$7,576,765$180,560$0$3,634,304
75$8,259,519$99,331$0$3,930,043
76$9,009,076$11,285$0$4,255,133
77$9,832,162$0$0$4,612,617
78$10,736,183$0$0$5,035,434
79$11,729,301$0$0$5,504,394
80$12,820,504$0$0$6,019,782
81$14,019,696$0$0$6,586,288
82$15,337,789$0$0$7,209,081
83$16,786,802$0$0$7,893,855
84$18,379,977$0$0$8,646,884
85$20,131,906$0$0$9,475,079
86$22,058,662$0$0$10,386,056
87$24,177,956$0$0$11,388,205
88$26,509,301$0$0$12,490,771
89$29,074,198$0$0$13,703,938
90$31,896,333$0$0$15,038,931
91$35,001,808$0$0$16,508,114
92$38,419,382$0$0$18,125,113
93$42,180,740$0$0$19,904,941
94$46,320,799$0$0$21,864,141
95$50,878,028$0$0$24,020,938
96$55,894,819$0$0$26,395,419
97$61,417,880$0$0$29,009,713
98$67,498,680$0$0$31,888,208
99$74,193,931$0$0$35,057,773
100$81,566,125$0$0$38,548,018