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%15.4%
1 years$67,137$66,539$65,955$65,386$64,830$63,391
2 years$33,236$32,617$32,017$31,435$30,871$29,430
3 years$21,937$21,316$20,717$20,141$19,586$18,186
4 years$16,289$15,669$15,077$14,510$13,969$12,621
5 years$12,901$12,285$11,700$11,145$10,619$9,328
6 years$10,643$10,032$9,456$8,913$8,402$7,169
7 years$9,031$8,424$7,858$7,328$6,833$5,658
8 years$7,822$7,221$6,664$6,147$5,669$4,551
9 years$6,883$6,287$5,740$5,236$4,774$3,713
10 years$6,131$5,542$5,004$4,514$4,068$3,062
11 years$5,517$4,934$4,405$3,928$3,498$2,547
12 years$5,006$4,428$3,910$3,446$3,032$2,132
13 years$4,573$4,002$3,493$3,042$2,644$1,796
14 years$4,203$3,638$3,138$2,700$2,317$1,519
15 years$3,882$3,323$2,834$2,408$2,040$1,289
16 years$3,602$3,049$2,569$2,156$1,803$1,098
17 years$3,355$2,808$2,338$1,937$1,599$937
18 years$3,135$2,595$2,134$1,746$1,422$802
19 years$2,939$2,405$1,954$1,578$1,267$687
20 years$2,763$2,234$1,793$1,429$1,132$590
21 years$2,604$2,081$1,649$1,297$1,013$507
22 years$2,459$1,943$1,520$1,179$908$437
23 years$2,328$1,817$1,403$1,074$815$376
24 years$2,207$1,703$1,298$979$733$324
25 years$2,096$1,598$1,202$894$659$280
26 years$1,994$1,502$1,115$818$594$241
27 years$1,900$1,413$1,035$749$535$209
28 years$1,812$1,332$962$686$483$180
29 years$1,731$1,256$896$629$436$156
30 years$1,655$1,186$834$577$394$135
31 years$1,584$1,122$778$530$356$116
32 years$1,518$1,061$726$487$322$101
33 years$1,456$1,005$678$448$292$87
34 years$1,398$952$633$412$264$75
35 years$1,343$903$592$379$239$65
36 years$1,291$857$554$349$217$57
37 years$1,242$814$518$322$196$49
38 years$1,196$774$485$297$178$42
39 years$1,153$736$455$274$161$37
40 years$1,111$700$426$252$146$32
41 years$1,072$667$400$233$133$28
42 years$1,035$635$375$215$121$24
43 years$1,000$605$352$198$109$21
44 years$966$577$330$183$99$18
45 years$934$550$310$169$90$16
46 years$903$524$291$156$82$13
47 years$874$500$274$144$74$12
48 years$846$478$257$133$68$10
49 years$819$456$242$123$61$9
50 years$794$436$227$114$56$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $813,000, adding $5,009 every year, while hoping to spend $25,778 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: 76/16/8 Blend
44$813,000$813,000$813,000$813,000
45$901,093$858,004$845,402$968,134
46$965,577$872,618$846,296$1,027,536
47$1,035,774$887,085$846,355$1,088,837
48$1,112,240$901,370$845,525$1,155,286
49$1,195,587$915,435$843,748$1,227,386
50$1,286,486$929,241$840,964$1,305,686
51$1,385,680$942,745$837,108$1,390,796
52$1,493,982$955,903$832,114$1,483,386
53$1,612,290$968,664$825,911$1,584,192
54$1,741,592$980,977$818,428$1,694,028
55$1,882,976$992,786$809,587$1,813,788
56$2,037,639$1,004,032$799,307$1,944,460
57$2,206,899$1,014,651$787,505$2,087,129
58$2,392,209$1,024,575$774,093$2,242,993
59$2,595,166$1,033,731$758,977$2,413,371
60$2,817,533$1,042,044$742,062$2,599,718
61$3,061,247$1,049,429$723,247$2,803,635
62$3,328,444$1,055,801$702,426$3,026,887
63$3,621,476$1,061,067$679,488$3,271,419
64$3,942,934$1,065,126$654,318$3,539,376
65$4,295,670$1,067,874$626,795$3,833,118
66$4,682,828$1,069,200$596,792$4,155,250
67$5,107,870$1,068,984$564,178$4,508,639
68$5,574,609$1,067,100$528,814$4,896,448
69$6,087,246$1,063,415$490,556$5,322,161
70$6,650,409$1,057,786$449,253$5,789,616
71$7,269,195$1,050,062$404,748$6,303,047
72$7,949,222$1,040,084$356,876$6,867,115
73$8,696,677$1,027,682$305,466$7,486,961
74$9,518,376$1,012,677$250,337$8,168,250
75$10,421,829$994,877$191,302$8,917,223
76$11,415,311$974,081$128,166$9,740,760
77$12,507,937$950,076$60,724$10,646,444
78$13,709,751$922,634$0$11,642,631
79$15,031,820$891,517$0$12,739,491
80$16,486,335$856,471$0$13,951,808
81$18,086,731$817,228$0$15,285,598
82$19,847,809$773,504$0$16,753,211
83$21,785,879$724,999$0$18,368,256
84$23,918,910$671,395$0$20,145,730
85$26,266,702$612,357$0$22,102,159
86$28,851,073$547,530$0$24,255,756
87$31,696,063$476,539$0$26,626,593
88$34,828,160$398,988$0$29,236,788
89$38,276,553$314,459$0$32,110,716
90$42,073,404$222,510$0$35,275,239
91$46,254,151$122,673$0$38,759,960
92$50,857,847$14,456$0$42,597,502
93$55,927,521$0$0$46,823,818
94$61,510,590$0$0$51,496,602
95$67,659,305$0$0$56,645,651
96$74,431,239$0$0$62,316,640
97$81,889,836$0$0$68,562,703
98$90,105,009$0$0$75,442,392
99$99,153,796$0$0$83,020,227
100$109,121,088$0$0$91,367,308