Can I retire at age 45 with 813,000?

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 $813,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$67,137$66,539$65,955$65,386$64,830$64,126
2 years$33,236$32,617$32,017$31,435$30,871$30,163
3 years$21,937$21,316$20,717$20,141$19,586$18,895
4 years$16,289$15,669$15,077$14,510$13,969$13,300
5 years$12,901$12,285$11,700$11,145$10,619$9,974
6 years$10,643$10,032$9,456$8,913$8,402$7,783
7 years$9,031$8,424$7,858$7,328$6,833$6,240
8 years$7,822$7,221$6,664$6,147$5,669$5,101
9 years$6,883$6,287$5,740$5,236$4,774$4,231
10 years$6,131$5,542$5,004$4,514$4,068$3,550
11 years$5,517$4,934$4,405$3,928$3,498$3,005
12 years$5,006$4,428$3,910$3,446$3,032$2,562
13 years$4,573$4,002$3,493$3,042$2,644$2,197
14 years$4,203$3,638$3,138$2,700$2,317$1,894
15 years$3,882$3,323$2,834$2,408$2,040$1,639
16 years$3,602$3,049$2,569$2,156$1,803$1,423
17 years$3,355$2,808$2,338$1,937$1,599$1,239
18 years$3,135$2,595$2,134$1,746$1,422$1,082
19 years$2,939$2,405$1,954$1,578$1,267$947
20 years$2,763$2,234$1,793$1,429$1,132$830
21 years$2,604$2,081$1,649$1,297$1,013$729
22 years$2,459$1,943$1,520$1,179$908$641
23 years$2,328$1,817$1,403$1,074$815$564
24 years$2,207$1,703$1,298$979$733$497
25 years$2,096$1,598$1,202$894$659$438
26 years$1,994$1,502$1,115$818$594$387
27 years$1,900$1,413$1,035$749$535$342
28 years$1,812$1,332$962$686$483$302
29 years$1,731$1,256$896$629$436$267
30 years$1,655$1,186$834$577$394$236
31 years$1,584$1,122$778$530$356$209
32 years$1,518$1,061$726$487$322$185
33 years$1,456$1,005$678$448$292$164
34 years$1,398$952$633$412$264$145
35 years$1,343$903$592$379$239$129
36 years$1,291$857$554$349$217$114
37 years$1,242$814$518$322$196$101
38 years$1,196$774$485$297$178$90
39 years$1,153$736$455$274$161$80
40 years$1,111$700$426$252$146$71
41 years$1,072$667$400$233$133$63
42 years$1,035$635$375$215$121$56
43 years$1,000$605$352$198$109$49
44 years$966$577$330$183$99$44
45 years$934$550$310$169$90$39
46 years$903$524$291$156$82$35
47 years$874$500$274$144$74$31
48 years$846$478$257$133$68$27
49 years$819$456$242$123$61$24
50 years$794$436$227$114$56$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $813,000, adding $4,395 every year, while hoping to spend $40,661 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: 67/6/27 Blend
44$813,000$813,000$813,000$813,000
45$900,459$857,370$844,769$954,173
46$949,043$856,119$829,806$989,629
47$1,001,220$853,443$812,978$1,023,399
48$1,057,313$849,230$794,182$1,059,417
49$1,117,677$843,361$773,305$1,097,908
50$1,182,703$835,708$750,234$1,139,120
51$1,252,819$826,138$724,847$1,183,326
52$1,328,495$814,507$697,018$1,230,832
53$1,410,249$800,665$666,615$1,281,971
54$1,498,648$784,452$633,501$1,337,114
55$1,594,318$765,698$597,530$1,396,674
56$1,697,944$744,223$558,554$1,461,102
57$1,810,282$719,837$516,413$1,530,901
58$1,932,162$692,340$470,943$1,606,624
59$2,064,496$661,518$421,973$1,688,886
60$2,208,288$627,146$369,323$1,778,362
61$2,364,644$588,987$312,806$1,875,802
62$2,534,778$546,787$252,225$1,982,032
63$2,720,027$500,281$187,376$2,097,966
64$2,921,862$449,188$118,046$2,224,613
65$3,141,903$393,210$44,012$2,363,087
66$3,381,932$332,032$0$2,514,621
67$3,643,910$265,322$0$2,690,654
68$3,929,995$192,729$0$2,896,794
69$4,242,565$113,883$0$3,122,079
70$4,584,237$28,393$0$3,368,415
71$4,957,889$0$0$3,637,903
72$5,366,696$0$0$3,937,092
73$5,814,148$0$0$4,266,665
74$6,304,092$0$0$4,627,586
75$6,840,763$0$0$5,022,982
76$7,428,824$0$0$5,456,294
77$8,073,412$0$0$5,931,315
78$8,780,183$0$0$6,452,220
79$9,555,369$0$0$7,023,609
80$10,405,831$0$0$7,650,547
81$11,339,129$0$0$8,338,614
82$12,363,588$0$0$9,093,958
83$13,488,379$0$0$9,923,347
84$14,723,606$0$0$10,834,241
85$16,080,398$0$0$11,834,856
86$17,571,014$0$0$12,934,242
87$19,208,961$0$0$14,142,371
88$21,009,119$0$0$15,470,228
89$22,987,879$0$0$16,929,914
90$25,163,301$0$0$18,534,762
91$27,555,283$0$0$20,299,462
92$30,185,744$0$0$22,240,197
93$33,078,836$0$0$24,374,798
94$36,261,170$0$0$26,722,910
95$39,762,063$0$0$29,306,179
96$43,613,818$0$0$32,148,454
97$47,852,026$0$0$35,276,011
98$52,515,904$0$0$38,717,805
99$57,648,662$0$0$42,505,736
100$63,297,909$0$0$46,674,956