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%12.2%
1 years$67,054$66,457$65,874$65,305$64,750$64,154
2 years$33,195$32,577$31,978$31,397$30,833$30,233
3 years$21,910$21,289$20,692$20,116$19,562$18,975
4 years$16,269$15,650$15,058$14,493$13,952$13,384
5 years$12,885$12,270$11,686$11,132$10,606$10,058
6 years$10,630$10,019$9,444$8,902$8,392$7,866
7 years$9,020$8,414$7,848$7,319$6,825$6,320
8 years$7,812$7,212$6,656$6,140$5,662$5,178
9 years$6,874$6,280$5,733$5,230$4,768$4,305
10 years$6,124$5,535$4,998$4,508$4,063$3,621
11 years$5,510$4,928$4,400$3,923$3,494$3,072
12 years$5,000$4,423$3,905$3,441$3,028$2,626
13 years$4,568$3,997$3,489$3,038$2,640$2,258
14 years$4,198$3,633$3,135$2,697$2,315$1,951
15 years$3,877$3,319$2,830$2,405$2,038$1,693
16 years$3,597$3,045$2,566$2,154$1,801$1,475
17 years$3,351$2,804$2,335$1,935$1,597$1,288
18 years$3,132$2,591$2,131$1,744$1,420$1,128
19 years$2,936$2,402$1,951$1,576$1,266$990
20 years$2,760$2,232$1,791$1,427$1,131$870
21 years$2,601$2,079$1,647$1,295$1,012$766
22 years$2,456$1,940$1,518$1,178$907$676
23 years$2,325$1,815$1,402$1,072$814$597
24 years$2,204$1,700$1,296$978$732$527
25 years$2,093$1,596$1,201$893$658$467
26 years$1,991$1,500$1,114$817$593$413
27 years$1,897$1,411$1,034$748$535$366
28 years$1,810$1,330$961$685$482$325
29 years$1,729$1,255$895$628$436$288
30 years$1,653$1,185$833$576$394$256
31 years$1,582$1,120$777$529$356$227
32 years$1,516$1,060$725$487$322$202
33 years$1,454$1,004$677$447$291$179
34 years$1,396$951$632$412$264$159
35 years$1,341$902$591$379$239$142
36 years$1,290$856$553$349$216$126
37 years$1,241$813$518$322$196$112
38 years$1,195$773$485$296$178$100
39 years$1,151$735$454$273$161$89
40 years$1,110$699$426$252$146$79
41 years$1,071$666$399$233$133$70
42 years$1,034$634$374$215$120$63
43 years$998$604$351$198$109$56
44 years$965$576$330$183$99$50
45 years$933$549$310$169$90$44
46 years$902$524$291$156$82$39
47 years$873$500$273$144$74$35
48 years$845$477$257$133$67$31
49 years$818$456$241$123$61$28
50 years$793$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 $812,000, adding $2,821 every year, while hoping to spend $49,472 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: 86/5/9 Blend
44$812,000$812,000$812,000$812,000
45$897,734$854,698$842,112$973,687
46$936,665$843,940$817,685$1,012,923
47$977,909$830,997$790,781$1,048,984
48$1,021,649$815,710$761,266$1,087,050
49$1,068,087$797,909$728,998$1,127,289
50$1,117,442$777,417$693,829$1,169,887
51$1,169,953$754,043$655,605$1,215,047
52$1,225,885$727,587$614,165$1,262,993
53$1,285,525$697,839$569,339$1,313,971
54$1,349,187$664,572$520,951$1,368,251
55$1,417,219$627,550$468,816$1,426,133
56$1,489,997$586,522$412,744$1,487,943
57$1,567,938$541,223$352,532$1,554,044
58$1,651,497$491,372$287,971$1,624,831
59$1,741,173$436,672$218,841$1,700,744
60$1,837,514$376,811$144,914$1,782,264
61$1,941,123$311,457$65,951$1,869,922
62$2,052,659$240,260$0$1,964,302
63$2,172,849$162,851$0$2,067,809
64$2,302,489$78,840$0$2,186,265
65$2,442,454$0$0$2,314,140
66$2,593,707$0$0$2,452,991
67$2,757,305$0$0$2,607,874
68$2,934,409$0$0$2,775,553
69$3,126,297$0$0$2,957,238
70$3,334,374$0$0$3,154,260
71$3,560,185$0$0$3,368,083
72$3,805,428$0$0$3,600,317
73$4,071,973$0$0$3,852,732
74$4,361,874$0$0$4,127,277
75$4,677,394$0$0$4,426,095
76$5,021,020$0$0$4,751,544
77$5,395,493$0$0$5,106,219
78$5,803,825$0$0$5,492,977
79$6,249,334$0$0$5,914,960
80$6,735,670$0$0$6,375,630
81$7,266,853$0$0$6,878,794
82$7,847,308$0$0$7,428,646
83$8,481,905$0$0$8,029,801
84$9,176,007$0$0$8,687,342
85$9,935,519$0$0$9,406,866
86$10,766,944$0$0$10,194,533
87$11,677,441$0$0$11,057,129
88$12,674,895$0$0$12,002,128
89$13,767,990$0$0$13,037,756
90$14,966,288$0$0$14,173,079
91$16,280,323$0$0$15,418,077
92$17,721,694$0$0$16,783,743
93$19,303,181$0$0$18,282,188
94$21,038,855$0$0$19,926,750
95$22,944,222$0$0$21,732,119
96$25,036,356$0$0$23,714,481
97$27,334,071$0$0$25,891,663
98$29,858,089$0$0$28,283,303
99$32,631,239$0$0$30,911,038
100$35,678,671$0$0$33,798,702