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%18.4%
1 years$67,302$66,702$66,118$65,547$64,989$62,783
2 years$33,318$32,697$32,096$31,513$30,947$28,747
3 years$21,991$21,368$20,768$20,191$19,634$17,509
4 years$16,329$15,708$15,114$14,546$14,003$11,969
5 years$12,933$12,315$11,729$11,173$10,645$8,707
6 years$10,669$10,056$9,479$8,935$8,423$6,583
7 years$9,053$8,445$7,877$7,346$6,850$5,107
8 years$7,841$7,239$6,680$6,162$5,683$4,036
9 years$6,899$6,303$5,754$5,249$4,786$3,234
10 years$6,146$5,556$5,016$4,525$4,078$2,617
11 years$5,531$4,946$4,416$3,938$3,507$2,135
12 years$5,018$4,439$3,919$3,454$3,039$1,753
13 years$4,584$4,012$3,502$3,049$2,650$1,447
14 years$4,213$3,647$3,146$2,707$2,323$1,198
15 years$3,892$3,331$2,841$2,414$2,045$996
16 years$3,611$3,056$2,575$2,162$1,808$830
17 years$3,363$2,815$2,344$1,942$1,603$693
18 years$3,143$2,601$2,139$1,750$1,425$580
19 years$2,947$2,411$1,958$1,581$1,270$486
20 years$2,770$2,240$1,797$1,432$1,135$408
21 years$2,610$2,086$1,653$1,300$1,015$343
22 years$2,465$1,948$1,524$1,182$910$288
23 years$2,333$1,822$1,407$1,076$817$242
24 years$2,212$1,707$1,301$982$734$204
25 years$2,101$1,602$1,205$897$661$172
26 years$1,999$1,505$1,118$820$595$145
27 years$1,904$1,417$1,038$750$537$122
28 years$1,816$1,335$965$688$484$103
29 years$1,735$1,259$898$630$437$87
30 years$1,659$1,189$836$579$395$73
31 years$1,588$1,124$780$531$357$62
32 years$1,522$1,064$727$488$323$52
33 years$1,460$1,007$679$449$292$44
34 years$1,401$955$635$413$265$37
35 years$1,346$906$593$380$240$31
36 years$1,294$860$555$350$217$26
37 years$1,246$816$520$323$197$22
38 years$1,199$776$487$298$179$19
39 years$1,156$738$456$274$162$16
40 years$1,114$702$427$253$147$13
41 years$1,075$668$401$233$133$11
42 years$1,038$636$376$215$121$10
43 years$1,002$606$353$199$110$8
44 years$968$578$331$184$100$7
45 years$936$551$311$170$90$6
46 years$905$526$292$157$82$5
47 years$876$502$274$145$75$4
48 years$848$479$258$134$68$3
49 years$821$457$242$124$61$3
50 years$796$437$228$114$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $815,000, adding $3,636 every year, while hoping to spend $29,912 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: 37/40/23 Blend
44$815,000$815,000$815,000$815,000
45$901,881$858,686$846,053$928,904
46$962,046$868,935$842,570$959,223
47$1,027,346$878,684$837,967$988,910
48$1,098,273$887,877$832,176$1,020,378
49$1,175,367$896,453$825,125$1,053,804
50$1,259,225$904,350$816,737$1,089,388
51$1,350,501$911,498$806,933$1,127,347
52$1,449,917$917,827$795,630$1,167,928
53$1,558,266$923,257$782,740$1,211,399
54$1,676,420$927,708$768,174$1,258,062
55$1,805,342$931,093$751,834$1,308,248
56$1,946,088$933,317$733,622$1,362,326
57$2,099,823$934,284$713,432$1,420,706
58$2,267,829$933,888$691,157$1,483,839
59$2,451,518$932,019$666,680$1,552,228
60$2,652,442$928,557$639,883$1,626,428
61$2,872,312$923,378$610,641$1,707,055
62$3,113,014$916,348$578,823$1,794,789
63$3,376,620$907,328$544,292$1,890,386
64$3,665,415$896,167$506,906$1,994,680
65$3,981,915$882,708$466,515$2,108,595
66$4,328,892$866,781$422,964$2,233,154
67$4,709,395$848,210$376,090$2,369,487
68$5,126,787$826,806$325,723$2,518,846
69$5,584,770$802,370$271,685$2,682,614
70$6,087,421$774,691$213,791$2,862,322
71$6,639,232$743,545$151,847$3,059,662
72$7,245,151$708,696$85,652$3,276,503
73$7,910,629$669,894$14,993$3,514,914
74$8,641,669$626,875$0$3,777,179
75$9,444,886$579,358$0$4,080,649
76$10,327,566$527,049$0$4,418,178
77$11,297,738$469,635$0$4,789,227
78$12,364,246$406,785$0$5,197,260
79$13,536,833$338,152$0$5,646,105
80$14,826,234$263,365$0$6,139,983
81$16,244,276$182,036$0$6,683,553
82$17,803,989$93,753$0$7,281,955
83$19,519,732$0$0$7,940,860
84$21,407,322$0$0$8,667,369
85$23,484,189$0$0$9,512,261
86$25,769,536$0$0$10,442,098
87$28,284,521$0$0$11,465,505
88$31,052,460$0$0$12,591,987
89$34,099,041$0$0$13,832,015
90$37,452,568$0$0$15,197,129
91$41,144,231$0$0$16,700,044
92$45,208,396$0$0$18,354,769
93$49,682,931$0$0$20,176,743
94$54,609,561$0$0$22,182,977
95$60,034,265$0$0$24,392,215
96$66,007,707$0$0$26,825,112
97$72,585,713$0$0$29,504,429
98$79,829,800$0$0$32,455,245
99$87,807,755$0$0$35,705,198
100$96,594,274$0$0$39,284,741