Can I retire at age 45 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$67,054$66,457$65,874$65,305$64,750$62,652
2 years$33,195$32,577$31,978$31,397$30,833$28,740
3 years$21,910$21,289$20,692$20,116$19,562$17,538
4 years$16,269$15,650$15,058$14,493$13,952$12,013
5 years$12,885$12,270$11,686$11,132$10,606$8,757
6 years$10,630$10,019$9,444$8,902$8,392$6,636
7 years$9,020$8,414$7,848$7,319$6,825$5,160
8 years$7,812$7,212$6,656$6,140$5,662$4,088
9 years$6,874$6,280$5,733$5,230$4,768$3,283
10 years$6,124$5,535$4,998$4,508$4,063$2,664
11 years$5,510$4,928$4,400$3,923$3,494$2,179
12 years$5,000$4,423$3,905$3,441$3,028$1,794
13 years$4,568$3,997$3,489$3,038$2,640$1,484
14 years$4,198$3,633$3,135$2,697$2,315$1,233
15 years$3,877$3,319$2,830$2,405$2,038$1,028
16 years$3,597$3,045$2,566$2,154$1,801$859
17 years$3,351$2,804$2,335$1,935$1,597$720
18 years$3,132$2,591$2,131$1,744$1,420$604
19 years$2,936$2,402$1,951$1,576$1,266$508
20 years$2,760$2,232$1,791$1,427$1,131$427
21 years$2,601$2,079$1,647$1,295$1,012$360
22 years$2,456$1,940$1,518$1,178$907$304
23 years$2,325$1,815$1,402$1,072$814$256
24 years$2,204$1,700$1,296$978$732$216
25 years$2,093$1,596$1,201$893$658$183
26 years$1,991$1,500$1,114$817$593$155
27 years$1,897$1,411$1,034$748$535$131
28 years$1,810$1,330$961$685$482$111
29 years$1,729$1,255$895$628$436$94
30 years$1,653$1,185$833$576$394$79
31 years$1,582$1,120$777$529$356$67
32 years$1,516$1,060$725$487$322$57
33 years$1,454$1,004$677$447$291$48
34 years$1,396$951$632$412$264$41
35 years$1,341$902$591$379$239$34
36 years$1,290$856$553$349$216$29
37 years$1,241$813$518$322$196$25
38 years$1,195$773$485$296$178$21
39 years$1,151$735$454$273$161$18
40 years$1,110$699$426$252$146$15
41 years$1,071$666$399$233$133$13
42 years$1,034$634$374$215$120$11
43 years$998$604$351$198$109$9
44 years$965$576$330$183$99$8
45 years$933$549$310$169$90$7
46 years$902$524$291$156$82$6
47 years$873$500$273$144$74$5
48 years$845$477$257$133$67$4
49 years$818$456$241$123$61$3
50 years$793$435$227$114$56$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $812,000, adding $3,152 every year, while hoping to spend $54,864 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: 56/18/26 Blend
44$812,000$812,000$812,000$812,000
45$898,075$855,039$842,453$941,802
46$931,304$838,561$812,301$955,695
47$966,083$819,437$779,299$964,816
48$1,002,514$797,479$743,295$973,619
49$1,040,703$772,489$704,129$982,089
50$1,080,770$744,256$661,632$990,215
51$1,122,842$712,558$615,630$997,988
52$1,167,058$677,159$565,940$1,005,398
53$1,213,569$637,811$512,370$1,012,442
54$1,262,539$594,250$454,721$1,019,117
55$1,314,148$546,198$392,784$1,025,426
56$1,368,590$493,361$326,341$1,031,374
57$1,426,078$435,427$255,165$1,036,973
58$1,486,843$372,069$179,018$1,042,241
59$1,551,138$302,937$97,653$1,047,201
60$1,619,240$227,667$10,809$1,051,885
61$1,691,449$145,869$0$1,056,334
62$1,768,096$57,135$0$1,083,309
63$1,849,540$0$0$1,114,838
64$1,936,176$0$0$1,155,793
65$2,028,436$0$0$1,211,498
66$2,126,791$0$0$1,270,925
67$2,231,759$0$0$1,334,394
68$2,343,907$0$0$1,402,253
69$2,463,857$0$0$1,474,883
70$2,592,288$0$0$1,552,704
71$2,729,949$0$0$1,636,175
72$2,877,659$0$0$1,725,801
73$3,036,316$0$0$1,822,135
74$3,206,909$0$0$1,925,784
75$3,390,519$0$0$2,037,416
76$3,588,338$0$0$2,157,764
77$3,801,672$0$0$2,287,631
78$4,031,957$0$0$2,427,903
79$4,280,770$0$0$2,579,551
80$4,549,845$0$0$2,743,644
81$4,841,087$0$0$2,921,354
82$5,156,592$0$0$3,113,974
83$5,498,662$0$0$3,322,922
84$5,869,830$0$0$3,549,759
85$6,272,882$0$0$3,796,202
86$6,710,881$0$0$4,064,141
87$7,187,199$0$0$4,355,652
88$7,705,543$0$0$4,673,021
89$8,269,993$0$0$5,018,765
90$8,885,040$0$0$5,395,651
91$9,555,624$0$0$5,806,726
92$10,287,184$0$0$6,255,343
93$11,085,704$0$0$6,745,194
94$11,957,774$0$0$7,280,341
95$12,910,647$0$0$7,865,258
96$13,952,308$0$0$8,504,870
97$15,091,549$0$0$9,204,599
98$16,338,050$0$0$9,970,416
99$17,702,470$0$0$10,808,895
100$19,196,545$0$0$11,727,276