Can I retire at age 45 with 815,000?

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 $815,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$67,302$66,702$66,118$65,547$64,989$64,445
2 years$33,318$32,697$32,096$31,513$30,947$30,398
3 years$21,991$21,368$20,768$20,191$19,634$19,098
4 years$16,329$15,708$15,114$14,546$14,003$13,484
5 years$12,933$12,315$11,729$11,173$10,645$10,144
6 years$10,669$10,056$9,479$8,935$8,423$7,941
7 years$9,053$8,445$7,877$7,346$6,850$6,388
8 years$7,841$7,239$6,680$6,162$5,683$5,240
9 years$6,899$6,303$5,754$5,249$4,786$4,362
10 years$6,146$5,556$5,016$4,525$4,078$3,672
11 years$5,531$4,946$4,416$3,938$3,507$3,120
12 years$5,018$4,439$3,919$3,454$3,039$2,670
13 years$4,584$4,012$3,502$3,049$2,650$2,299
14 years$4,213$3,647$3,146$2,707$2,323$1,989
15 years$3,892$3,331$2,841$2,414$2,045$1,729
16 years$3,611$3,056$2,575$2,162$1,808$1,507
17 years$3,363$2,815$2,344$1,942$1,603$1,318
18 years$3,143$2,601$2,139$1,750$1,425$1,156
19 years$2,947$2,411$1,958$1,581$1,270$1,016
20 years$2,770$2,240$1,797$1,432$1,135$894
21 years$2,610$2,086$1,653$1,300$1,015$789
22 years$2,465$1,948$1,524$1,182$910$697
23 years$2,333$1,822$1,407$1,076$817$616
24 years$2,212$1,707$1,301$982$734$545
25 years$2,101$1,602$1,205$897$661$483
26 years$1,999$1,505$1,118$820$595$429
27 years$1,904$1,417$1,038$750$537$380
28 years$1,816$1,335$965$688$484$338
29 years$1,735$1,259$898$630$437$300
30 years$1,659$1,189$836$579$395$267
31 years$1,588$1,124$780$531$357$238
32 years$1,522$1,064$727$488$323$211
33 years$1,460$1,007$679$449$292$188
34 years$1,401$955$635$413$265$168
35 years$1,346$906$593$380$240$149
36 years$1,294$860$555$350$217$133
37 years$1,246$816$520$323$197$119
38 years$1,199$776$487$298$179$106
39 years$1,156$738$456$274$162$94
40 years$1,114$702$427$253$147$84
41 years$1,075$668$401$233$133$75
42 years$1,038$636$376$215$121$67
43 years$1,002$606$353$199$110$60
44 years$968$578$331$184$100$53
45 years$936$551$311$170$90$47
46 years$905$526$292$157$82$42
47 years$876$502$274$145$75$38
48 years$848$479$258$134$68$34
49 years$821$457$242$124$61$30
50 years$796$437$228$114$56$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $815,000, adding $4,327 every year, while hoping to spend $27,789 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: 47/43/10 Blend
44$815,000$815,000$815,000$815,000
45$902,593$859,398$846,766$942,328
46$965,091$871,942$845,565$982,694
47$1,033,031$884,168$843,393$1,023,241
48$1,106,941$896,033$840,187$1,066,612
49$1,187,399$907,488$835,883$1,113,079
50$1,275,041$918,483$830,413$1,162,940
51$1,370,568$928,961$823,705$1,216,527
52$1,474,751$938,866$815,684$1,274,205
53$1,588,440$948,134$806,273$1,336,378
54$1,712,567$956,699$795,390$1,403,491
55$1,848,162$964,490$782,948$1,476,035
56$1,996,356$971,432$768,859$1,554,555
57$2,158,396$977,443$753,027$1,639,649
58$2,335,653$982,440$735,355$1,731,980
59$2,529,640$986,329$715,740$1,832,279
60$2,742,020$989,016$694,073$1,941,352
61$2,974,624$990,396$670,243$2,060,091
62$3,229,472$990,361$644,132$2,189,480
63$3,508,783$988,794$615,616$2,330,603
64$3,815,007$985,573$584,567$2,484,661
65$4,150,838$980,566$550,850$2,652,976
66$4,519,244$973,635$514,324$2,837,009
67$4,923,497$964,632$474,843$3,038,371
68$5,367,196$953,402$432,254$3,258,843
69$5,854,310$939,779$386,394$3,500,388
70$6,389,209$923,588$337,098$3,765,173
71$6,976,708$904,643$284,190$4,055,590
72$7,622,109$882,747$227,487$4,374,278
73$8,331,254$857,692$166,798$4,724,150
74$9,110,581$829,258$101,925$5,108,420
75$9,967,179$797,211$32,658$5,530,633
76$10,908,862$761,304$0$5,994,702
77$11,944,234$721,276$0$6,509,346
78$13,082,778$676,851$0$7,078,929
79$14,334,941$627,736$0$7,705,242
80$15,712,233$573,623$0$8,394,108
81$17,227,335$514,185$0$9,151,946
82$18,894,220$449,077$0$9,985,839
83$20,728,282$377,933$0$10,903,594
84$22,746,485$300,370$0$11,913,825
85$24,967,518$215,980$0$13,026,027
86$27,411,974$124,332$0$14,250,672
87$30,102,545$24,974$0$15,599,309
88$33,064,232$0$0$17,084,670
89$36,324,585$0$0$18,759,869
90$39,913,959$0$0$20,617,246
91$43,865,804$0$0$22,662,307
92$48,216,977$0$0$24,914,141
93$53,008,091$0$0$27,393,780
94$58,283,897$0$0$30,124,403
95$64,093,708$0$0$33,131,547
96$70,491,863$0$0$36,443,355
97$77,538,239$0$0$40,090,838
98$85,298,815$0$0$44,108,167
99$93,846,298$0$0$48,532,998
100$103,260,805$0$0$53,406,825