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%18.3%
1 years$67,302$66,702$66,118$65,547$64,989$62,808
2 years$33,318$32,697$32,096$31,513$30,947$28,772
3 years$21,991$21,368$20,768$20,191$19,634$17,532
4 years$16,329$15,708$15,114$14,546$14,003$11,991
5 years$12,933$12,315$11,729$11,173$10,645$8,727
6 years$10,669$10,056$9,479$8,935$8,423$6,602
7 years$9,053$8,445$7,877$7,346$6,850$5,125
8 years$7,841$7,239$6,680$6,162$5,683$4,053
9 years$6,899$6,303$5,754$5,249$4,786$3,249
10 years$6,146$5,556$5,016$4,525$4,078$2,631
11 years$5,531$4,946$4,416$3,938$3,507$2,148
12 years$5,018$4,439$3,919$3,454$3,039$1,765
13 years$4,584$4,012$3,502$3,049$2,650$1,457
14 years$4,213$3,647$3,146$2,707$2,323$1,208
15 years$3,892$3,331$2,841$2,414$2,045$1,005
16 years$3,611$3,056$2,575$2,162$1,808$838
17 years$3,363$2,815$2,344$1,942$1,603$701
18 years$3,143$2,601$2,139$1,750$1,425$587
19 years$2,947$2,411$1,958$1,581$1,270$492
20 years$2,770$2,240$1,797$1,432$1,135$413
21 years$2,610$2,086$1,653$1,300$1,015$347
22 years$2,465$1,948$1,524$1,182$910$292
23 years$2,333$1,822$1,407$1,076$817$246
24 years$2,212$1,707$1,301$982$734$207
25 years$2,101$1,602$1,205$897$661$175
26 years$1,999$1,505$1,118$820$595$147
27 years$1,904$1,417$1,038$750$537$124
28 years$1,816$1,335$965$688$484$105
29 years$1,735$1,259$898$630$437$89
30 years$1,659$1,189$836$579$395$75
31 years$1,588$1,124$780$531$357$63
32 years$1,522$1,064$727$488$323$53
33 years$1,460$1,007$679$449$292$45
34 years$1,401$955$635$413$265$38
35 years$1,346$906$593$380$240$32
36 years$1,294$860$555$350$217$27
37 years$1,246$816$520$323$197$23
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$14
41 years$1,075$668$401$233$133$12
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$4
49 years$821$457$242$124$61$3
50 years$796$437$228$114$56$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $815,000, adding $6,725 every year, while hoping to spend $37,562 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: 75/14/11 Blend
44$815,000$815,000$815,000$815,000
45$905,067$861,872$849,239$970,554
46$957,418$864,138$837,723$1,016,929
47$1,013,850$865,256$824,562$1,062,347
48$1,074,740$865,130$809,662$1,111,073
49$1,140,500$863,659$792,923$1,163,422
50$1,211,587$860,734$774,242$1,219,742
51$1,288,499$856,241$753,509$1,280,417
52$1,371,787$850,057$730,612$1,345,871
53$1,462,053$842,054$705,432$1,416,570
54$1,559,962$832,094$677,843$1,493,029
55$1,666,245$820,033$647,718$1,575,816
56$1,781,704$805,717$614,918$1,665,557
57$1,907,223$788,982$579,303$1,762,941
58$2,043,775$769,657$540,725$1,868,731
59$2,192,428$747,558$499,027$1,983,766
60$2,354,359$722,493$454,049$2,108,972
61$2,530,865$694,256$405,620$2,245,370
62$2,723,369$662,630$353,564$2,394,087
63$2,933,441$627,387$297,697$2,556,365
64$3,162,807$588,285$237,825$2,733,572
65$3,413,369$545,066$173,747$2,927,221
66$3,687,218$497,460$105,254$3,138,977
67$3,986,659$445,180$32,125$3,370,677
68$4,314,229$387,924$0$3,624,349
69$4,672,720$325,372$0$3,907,614
70$5,065,207$257,186$0$4,221,923
71$5,495,079$183,008$0$4,566,247
72$5,966,064$102,463$0$4,943,615
73$6,482,269$15,150$0$5,357,361
74$7,048,219$0$0$5,811,163
75$7,668,896$0$0$6,321,298
76$8,349,787$0$0$6,883,518
77$9,096,938$0$0$7,500,483
78$9,917,004$0$0$8,177,697
79$10,817,322$0$0$8,921,220
80$11,805,968$0$0$9,737,729
81$12,891,843$0$0$10,634,577
82$14,084,749$0$0$11,619,867
83$15,395,486$0$0$12,702,525
84$16,835,953$0$0$13,892,383
85$18,419,257$0$0$15,200,273
86$20,159,837$0$0$16,638,131
87$22,073,605$0$0$18,219,104
88$24,178,086$0$0$19,957,679
89$26,492,593$0$0$21,869,816
90$29,038,403$0$0$23,973,098
91$31,838,957$0$0$26,286,902
92$34,920,086$0$0$28,832,572
93$38,310,246$0$0$31,633,630
94$42,040,794$0$0$34,715,990
95$46,146,280$0$0$38,108,206
96$50,664,771$0$0$41,841,741
97$55,638,213$0$0$45,951,261
98$61,112,823$0$0$50,474,964
99$67,139,528$0$0$55,454,940
100$73,774,443$0$0$60,937,567