Can I retire at age 45 with 814,000?

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 $814,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$67,219$66,621$66,036$65,466$64,910$62,857
2 years$33,277$32,657$32,057$31,474$30,909$28,860
3 years$21,964$21,342$20,743$20,166$19,610$17,628
4 years$16,309$15,688$15,095$14,528$13,986$12,087
5 years$12,917$12,300$11,715$11,159$10,632$8,821
6 years$10,656$10,044$9,467$8,924$8,413$6,691
7 years$9,042$8,435$7,867$7,337$6,842$5,209
8 years$7,832$7,230$6,672$6,155$5,676$4,131
9 years$6,891$6,295$5,747$5,243$4,780$3,322
10 years$6,139$5,549$5,010$4,519$4,073$2,699
11 years$5,524$4,940$4,411$3,933$3,503$2,210
12 years$5,012$4,434$3,914$3,450$3,035$1,822
13 years$4,579$4,007$3,497$3,046$2,647$1,510
14 years$4,208$3,642$3,142$2,704$2,320$1,256
15 years$3,887$3,327$2,837$2,411$2,043$1,048
16 years$3,606$3,053$2,572$2,159$1,806$877
17 years$3,359$2,811$2,341$1,940$1,601$736
18 years$3,139$2,598$2,137$1,748$1,423$619
19 years$2,943$2,408$1,956$1,580$1,269$521
20 years$2,767$2,237$1,795$1,431$1,133$439
21 years$2,607$2,084$1,651$1,298$1,014$371
22 years$2,462$1,945$1,522$1,180$909$313
23 years$2,330$1,819$1,405$1,075$816$265
24 years$2,210$1,705$1,300$981$733$224
25 years$2,099$1,600$1,204$895$660$189
26 years$1,996$1,503$1,116$819$595$160
27 years$1,902$1,415$1,037$749$536$136
28 years$1,814$1,333$964$687$484$115
29 years$1,733$1,258$897$630$437$98
30 years$1,657$1,188$835$578$395$83
31 years$1,586$1,123$779$531$357$70
32 years$1,520$1,063$727$488$323$59
33 years$1,458$1,006$678$449$292$50
34 years$1,399$954$634$413$264$43
35 years$1,345$905$593$380$239$36
36 years$1,293$859$554$350$217$31
37 years$1,244$815$519$322$197$26
38 years$1,198$775$486$297$178$22
39 years$1,154$737$455$274$162$19
40 years$1,113$701$427$253$147$16
41 years$1,074$667$400$233$133$14
42 years$1,036$636$375$215$121$12
43 years$1,001$606$352$199$110$10
44 years$967$577$331$183$99$8
45 years$935$550$310$169$90$7
46 years$904$525$292$156$82$6
47 years$875$501$274$145$74$5
48 years$847$478$257$134$68$4
49 years$820$457$242$123$61$4
50 years$795$436$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 $814,000, adding $2,835 every year, while hoping to spend $50,053 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: 67/20/13 Blend
44$814,000$814,000$814,000$814,000
45$899,952$856,810$844,193$957,410
46$938,491$845,538$819,218$984,779
47$979,284$832,036$791,728$1,008,510
48$1,022,507$816,142$761,587$1,033,182
49$1,068,354$797,684$728,651$1,058,882
50$1,117,036$776,480$692,771$1,085,709
51$1,168,784$752,338$653,790$1,113,771
52$1,223,852$725,055$611,543$1,143,191
53$1,282,516$694,414$565,861$1,174,106
54$1,345,080$660,187$516,565$1,206,667
55$1,411,875$622,133$463,466$1,241,044
56$1,483,265$579,997$406,372$1,277,426
57$1,559,650$533,508$345,077$1,316,025
58$1,641,467$482,382$279,369$1,357,073
59$1,729,194$426,317$209,026$1,400,833
60$1,823,360$364,994$133,816$1,447,596
61$1,924,540$298,077$53,497$1,497,685
62$2,033,370$225,209$0$1,551,459
63$2,150,545$146,015$0$1,613,788
64$2,276,829$60,099$0$1,688,856
65$2,413,063$0$0$1,769,767
66$2,560,168$0$0$1,864,363
67$2,719,159$0$0$1,980,936
68$2,891,150$0$0$2,107,082
69$3,077,364$0$0$2,243,703
70$3,279,149$0$0$2,391,793
71$3,497,984$0$0$2,552,444
72$3,735,498$0$0$2,726,857
73$3,993,482$0$0$2,916,353
74$4,273,904$0$0$3,122,386
75$4,578,931$0$0$3,346,553
76$4,910,947$0$0$3,590,615
77$5,272,575$0$0$3,856,507
78$5,666,702$0$0$4,146,358
79$6,096,504$0$0$4,462,514
80$6,565,477$0$0$4,807,554
81$7,077,470$0$0$5,184,319
82$7,636,719$0$0$5,595,936
83$8,247,889$0$0$6,045,846
84$8,916,112$0$0$6,537,839
85$9,647,043$0$0$7,076,088
86$10,446,906$0$0$7,665,188
87$11,322,554$0$0$8,310,196
88$12,281,536$0$0$9,016,685
89$13,332,162$0$0$9,790,790
90$14,483,587$0$0$10,639,267
91$15,745,890$0$0$11,569,558
92$17,130,175$0$0$12,589,858
93$18,648,671$0$0$13,709,196
94$20,314,846$0$0$14,937,515
95$22,143,538$0$0$16,285,766
96$24,151,088$0$0$17,766,014
97$26,355,499$0$0$19,391,549
98$28,776,602$0$0$21,177,012
99$31,436,242$0$0$23,138,528
100$34,358,484$0$0$25,293,865