Can I retire at age 45 with 814,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.6%
1 years$67,219$66,621$66,036$65,466$64,910$63,418
2 years$33,277$32,657$32,057$31,474$30,909$29,414
3 years$21,964$21,342$20,743$20,166$19,610$18,159
4 years$16,309$15,688$15,095$14,528$13,986$12,590
5 years$12,917$12,300$11,715$11,159$10,632$9,295
6 years$10,656$10,044$9,467$8,924$8,413$7,136
7 years$9,042$8,435$7,867$7,337$6,842$5,625
8 years$7,832$7,230$6,672$6,155$5,676$4,519
9 years$6,891$6,295$5,747$5,243$4,780$3,682
10 years$6,139$5,549$5,010$4,519$4,073$3,033
11 years$5,524$4,940$4,411$3,933$3,503$2,520
12 years$5,012$4,434$3,914$3,450$3,035$2,107
13 years$4,579$4,007$3,497$3,046$2,647$1,772
14 years$4,208$3,642$3,142$2,704$2,320$1,497
15 years$3,887$3,327$2,837$2,411$2,043$1,269
16 years$3,606$3,053$2,572$2,159$1,806$1,079
17 years$3,359$2,811$2,341$1,940$1,601$920
18 years$3,139$2,598$2,137$1,748$1,423$786
19 years$2,943$2,408$1,956$1,580$1,269$673
20 years$2,767$2,237$1,795$1,431$1,133$576
21 years$2,607$2,084$1,651$1,298$1,014$495
22 years$2,462$1,945$1,522$1,180$909$425
23 years$2,330$1,819$1,405$1,075$816$366
24 years$2,210$1,705$1,300$981$733$315
25 years$2,099$1,600$1,204$895$660$271
26 years$1,996$1,503$1,116$819$595$234
27 years$1,902$1,415$1,037$749$536$201
28 years$1,814$1,333$964$687$484$174
29 years$1,733$1,258$897$630$437$150
30 years$1,657$1,188$835$578$395$129
31 years$1,586$1,123$779$531$357$112
32 years$1,520$1,063$727$488$323$97
33 years$1,458$1,006$678$449$292$83
34 years$1,399$954$634$413$264$72
35 years$1,345$905$593$380$239$62
36 years$1,293$859$554$350$217$54
37 years$1,244$815$519$322$197$47
38 years$1,198$775$486$297$178$40
39 years$1,154$737$455$274$162$35
40 years$1,113$701$427$253$147$30
41 years$1,074$667$400$233$133$26
42 years$1,036$636$375$215$121$22
43 years$1,001$606$352$199$110$19
44 years$967$577$331$183$99$17
45 years$935$550$310$169$90$15
46 years$904$525$292$156$82$13
47 years$875$501$274$145$74$11
48 years$847$478$257$134$68$9
49 years$820$457$242$123$61$8
50 years$795$436$227$114$56$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $814,000, adding $4,641 every year, while hoping to spend $40,901 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: 50/37/13 Blend
44$814,000$814,000$814,000$814,000
45$901,815$858,673$846,056$943,497
46$950,282$857,230$830,881$971,153
47$1,002,322$854,345$813,826$996,516
48$1,058,255$849,905$794,786$1,023,158
49$1,118,435$843,788$773,650$1,051,211
50$1,183,250$835,868$750,301$1,080,823
51$1,253,123$826,007$724,618$1,112,159
52$1,328,523$814,062$696,473$1,145,405
53$1,409,962$799,881$665,735$1,180,765
54$1,498,005$783,302$632,264$1,218,470
55$1,593,271$764,154$595,915$1,258,775
56$1,696,442$742,255$556,536$1,301,965
57$1,808,268$717,414$513,968$1,348,358
58$1,929,571$689,428$468,046$1,398,306
59$2,061,259$658,081$418,597$1,452,201
60$2,204,327$623,147$365,440$1,510,482
61$2,359,872$584,384$308,385$1,573,632
62$2,529,100$541,540$247,237$1,642,192
63$2,713,337$494,344$181,789$1,716,761
64$2,914,044$442,514$111,825$1,798,004
65$3,132,828$385,748$37,122$1,886,661
66$3,371,456$323,730$0$1,983,550
67$3,631,875$256,123$0$2,095,491
68$3,916,228$182,575$0$2,223,463
69$4,226,872$102,710$0$2,363,466
70$4,566,405$16,135$0$2,516,776
71$4,937,685$0$0$2,684,806
72$5,343,858$0$0$2,900,702
73$5,788,391$0$0$3,144,261
74$6,275,100$0$0$3,411,015
75$6,808,185$0$0$3,703,279
76$7,392,276$0$0$4,023,600
77$8,032,468$0$0$4,374,785
78$8,734,375$0$0$4,759,925
79$9,504,177$0$0$5,182,426
80$10,348,685$0$0$5,646,037
81$11,275,398$0$0$6,154,889
82$12,292,576$0$0$6,713,532
83$13,409,320$0$0$7,326,978
84$14,635,653$0$0$8,000,748
85$15,982,617$0$0$8,740,926
86$17,462,377$0$0$9,554,210
87$19,088,333$0$0$10,447,983
88$20,875,247$0$0$11,430,378
89$22,839,383$0$0$12,510,353
90$24,998,659$0$0$13,697,778
91$27,372,816$0$0$15,003,529
92$29,983,602$0$0$16,439,587
93$32,854,979$0$0$18,019,153
94$36,013,348$0$0$19,756,770
95$39,487,795$0$0$21,668,463
96$43,310,371$0$0$23,771,889
97$47,516,386$0$0$26,086,501
98$52,144,748$0$0$28,633,735
99$57,238,326$0$0$31,437,209
100$62,844,356$0$0$34,522,947