Can I retire at age 45 with 811,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.2%
1 years$66,972$66,375$65,793$65,225$64,670$62,277
2 years$33,154$32,537$31,938$31,358$30,795$28,411
3 years$21,883$21,263$20,666$20,091$19,538$17,237
4 years$16,249$15,631$15,040$14,475$13,935$11,736
5 years$12,869$12,255$11,671$11,118$10,593$8,501
6 years$10,617$10,007$9,432$8,891$8,382$6,399
7 years$9,008$8,404$7,838$7,310$6,817$4,942
8 years$7,803$7,204$6,647$6,132$5,655$3,888
9 years$6,866$6,272$5,725$5,223$4,762$3,099
10 years$6,116$5,528$4,992$4,502$4,058$2,496
11 years$5,504$4,922$4,395$3,918$3,490$2,026
12 years$4,993$4,417$3,900$3,437$3,024$1,654
13 years$4,562$3,992$3,484$3,034$2,637$1,357
14 years$4,193$3,629$3,131$2,694$2,312$1,118
15 years$3,873$3,315$2,827$2,402$2,035$924
16 years$3,593$3,041$2,563$2,151$1,799$766
17 years$3,347$2,801$2,332$1,933$1,595$636
18 years$3,128$2,588$2,129$1,742$1,418$529
19 years$2,932$2,399$1,949$1,574$1,264$441
20 years$2,756$2,229$1,789$1,425$1,129$367
21 years$2,597$2,076$1,645$1,294$1,010$307
22 years$2,453$1,938$1,516$1,176$906$256
23 years$2,322$1,813$1,400$1,071$813$214
24 years$2,201$1,698$1,295$977$731$179
25 years$2,091$1,594$1,199$892$658$150
26 years$1,989$1,498$1,112$816$592$126
27 years$1,895$1,410$1,033$747$534$105
28 years$1,808$1,328$960$684$482$88
29 years$1,726$1,253$893$627$435$74
30 years$1,651$1,183$832$576$393$62
31 years$1,580$1,119$776$529$355$52
32 years$1,514$1,059$724$486$322$43
33 years$1,452$1,003$676$447$291$36
34 years$1,394$950$632$411$263$31
35 years$1,340$901$590$379$239$26
36 years$1,288$855$552$349$216$22
37 years$1,239$812$517$321$196$18
38 years$1,193$772$484$296$178$15
39 years$1,150$734$454$273$161$13
40 years$1,109$698$425$252$146$11
41 years$1,070$665$399$232$133$9
42 years$1,033$633$374$214$120$7
43 years$997$603$351$198$109$6
44 years$964$575$329$183$99$5
45 years$932$548$309$169$90$4
46 years$901$523$290$156$82$4
47 years$872$499$273$144$74$3
48 years$844$477$256$133$67$3
49 years$817$455$241$123$61$2
50 years$792$435$227$114$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $811,000, adding $2,032 every year, while hoping to spend $42,931 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: 43/46/11 Blend
44$811,000$811,000$811,000$811,000
45$895,818$852,835$840,265$931,398
46$941,513$848,946$822,735$952,530
47$990,430$843,427$803,180$970,924
48$1,042,853$836,154$781,485$989,893
49$1,099,092$826,993$757,532$1,009,506
50$1,159,488$815,804$731,198$1,029,843
51$1,224,415$802,438$702,353$1,050,995
52$1,294,285$786,737$670,861$1,073,065
53$1,369,548$768,533$636,582$1,096,170
54$1,450,701$747,650$599,366$1,120,442
55$1,538,287$723,900$559,059$1,146,032
56$1,632,904$697,083$515,500$1,173,109
57$1,735,211$666,990$468,519$1,201,863
58$1,845,929$633,399$417,941$1,232,511
59$1,965,853$596,075$363,581$1,265,294
60$2,095,855$554,768$305,246$1,300,483
61$2,236,896$509,216$242,736$1,338,386
62$2,390,033$459,140$175,841$1,379,343
63$2,556,426$404,248$104,341$1,423,740
64$2,737,353$344,228$28,009$1,472,005
65$2,934,221$278,753$0$1,524,620
66$3,148,575$207,475$0$1,588,395
67$3,382,118$130,029$0$1,661,575
68$3,636,722$46,029$0$1,741,568
69$3,914,449$0$0$1,829,154
70$4,217,568$0$0$1,947,946
71$4,548,576$0$0$2,103,204
72$4,910,223$0$0$2,272,930
73$5,305,535$0$0$2,458,557
74$5,737,845$0$0$2,661,662
75$6,210,821$0$0$2,883,983
76$6,728,504$0$0$3,127,431
77$7,295,343$0$0$3,394,114
78$7,916,235$0$0$3,686,350
79$8,596,577$0$0$4,006,694
80$9,342,309$0$0$4,357,960
81$10,159,976$0$0$4,743,247
82$11,056,785$0$0$5,165,967
83$12,040,674$0$0$5,629,880
84$13,120,386$0$0$6,139,128
85$14,305,553$0$0$6,698,271
86$15,606,785$0$0$7,312,335
87$17,035,767$0$0$7,986,855
88$18,605,373$0$0$8,727,929
89$20,329,786$0$0$9,542,274
90$22,224,629$0$0$10,437,292
91$24,307,114$0$0$11,421,135
92$26,596,203$0$0$12,502,786
93$29,112,787$0$0$13,692,141
94$31,879,881$0$0$15,000,104
95$34,922,842$0$0$16,438,687
96$38,269,609$0$0$18,021,126
97$41,950,963$0$0$19,762,003
98$46,000,816$0$0$21,677,385
99$50,456,537$0$0$23,784,975
100$55,359,296$0$0$26,104,279