Can I retire at age 45 with 816,000?

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 $816,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$67,385$66,784$66,199$65,627$65,069$64,097
2 years$33,359$32,737$32,135$31,551$30,985$30,008
3 years$22,018$21,394$20,794$20,215$19,658$18,706
4 years$16,349$15,727$15,132$14,564$14,020$13,101
5 years$12,949$12,330$11,743$11,187$10,658$9,774
6 years$10,682$10,069$9,490$8,946$8,433$7,586
7 years$9,064$8,456$7,887$7,355$6,859$6,047
8 years$7,851$7,248$6,688$6,170$5,690$4,915
9 years$6,908$6,311$5,761$5,255$4,792$4,053
10 years$6,154$5,563$5,022$4,530$4,083$3,380
11 years$5,538$4,952$4,422$3,943$3,511$2,843
12 years$5,024$4,445$3,924$3,458$3,043$2,409
13 years$4,590$4,017$3,506$3,053$2,653$2,052
14 years$4,218$3,651$3,150$2,710$2,326$1,757
15 years$3,897$3,335$2,844$2,417$2,048$1,510
16 years$3,615$3,060$2,579$2,164$1,810$1,303
17 years$3,367$2,818$2,346$1,944$1,605$1,126
18 years$3,147$2,604$2,142$1,752$1,427$977
19 years$2,950$2,413$1,961$1,583$1,272$848
20 years$2,773$2,243$1,800$1,434$1,136$738
21 years$2,613$2,089$1,655$1,302$1,017$643
22 years$2,468$1,950$1,526$1,183$911$561
23 years$2,336$1,824$1,409$1,078$818$490
24 years$2,215$1,709$1,303$983$735$429
25 years$2,104$1,604$1,207$898$662$375
26 years$2,001$1,507$1,119$821$596$329
27 years$1,907$1,418$1,039$751$537$288
28 years$1,819$1,337$966$688$485$252
29 years$1,737$1,261$899$631$438$221
30 years$1,661$1,191$837$579$396$194
31 years$1,590$1,126$781$532$358$171
32 years$1,524$1,065$728$489$324$150
33 years$1,461$1,009$680$450$293$132
34 years$1,403$956$635$414$265$116
35 years$1,348$907$594$381$240$102
36 years$1,296$861$556$351$218$89
37 years$1,247$817$520$323$197$79
38 years$1,201$777$487$298$179$69
39 years$1,157$739$456$275$162$61
40 years$1,116$703$428$253$147$53
41 years$1,076$669$401$234$133$47
42 years$1,039$637$376$216$121$41
43 years$1,003$607$353$199$110$36
44 years$970$579$331$184$100$32
45 years$937$552$311$170$91$28
46 years$907$526$292$157$82$25
47 years$877$502$275$145$75$22
48 years$849$480$258$134$68$19
49 years$822$458$243$124$62$17
50 years$797$437$228$114$56$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $816,000, adding $6,707 every year, while hoping to spend $26,597 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: 74/16/10 Blend
44$816,000$816,000$816,000$816,000
45$906,150$862,902$850,254$971,051
46$970,279$876,885$850,439$1,028,765
47$1,040,057$890,662$849,738$1,087,984
48$1,116,032$904,195$848,094$1,152,122
49$1,198,809$917,442$845,447$1,221,657
50$1,289,051$930,360$841,733$1,297,117
51$1,387,489$942,902$836,885$1,379,082
52$1,494,926$955,017$830,834$1,468,193
53$1,612,247$966,653$823,506$1,565,155
54$1,740,429$977,750$814,826$1,670,746
55$1,880,542$988,250$804,712$1,785,821
56$2,033,768$998,085$793,081$1,911,325
57$2,201,408$1,007,186$779,844$2,048,297
58$2,384,893$1,015,480$764,911$2,197,883
59$2,585,800$1,022,887$748,183$2,361,345
60$2,805,866$1,029,323$729,562$2,540,076
61$3,047,003$1,034,698$708,940$2,735,608
62$3,311,315$1,038,916$686,208$2,949,631
63$3,601,124$1,041,878$661,251$3,184,009
64$3,918,983$1,043,474$633,947$3,440,794
65$4,267,706$1,043,591$604,170$3,722,247
66$4,650,391$1,042,106$571,790$4,030,863
67$5,070,453$1,038,891$536,666$4,369,389
68$5,531,651$1,033,809$498,657$4,740,854
69$6,038,128$1,026,714$457,610$5,148,595
70$6,594,446$1,017,452$413,369$5,596,293
71$7,205,632$1,005,860$365,770$6,088,001
72$7,877,224$991,764$314,641$6,628,188
73$8,615,322$974,982$259,802$7,221,780
74$9,426,646$955,317$201,066$7,874,207
75$10,318,601$932,564$138,239$8,591,450
76$11,299,343$906,506$71,116$9,380,105
77$12,377,862$876,910$0$10,247,441
78$13,564,058$843,532$0$11,201,523
79$14,868,841$806,114$0$12,259,227
80$16,304,231$764,382$0$13,422,713
81$17,883,472$718,047$0$14,702,733
82$19,621,156$666,801$0$16,111,135
83$21,533,362$610,322$0$17,660,975
84$23,637,804$548,267$0$19,366,644
85$25,954,003$480,275$0$21,243,997
86$28,503,466$405,963$0$23,310,511
87$31,309,892$324,928$0$25,585,443
88$34,399,394$236,743$0$28,090,016
89$37,800,746$140,957$0$30,847,619
90$41,545,654$37,095$0$33,884,028
91$45,669,052$0$0$37,227,647
92$50,209,438$0$0$40,923,046
93$55,209,232$0$0$44,999,592
94$60,715,174$0$0$49,488,872
95$66,778,773$0$0$54,432,886
96$73,456,784$0$0$59,877,919
97$80,811,749$0$0$65,874,971
98$88,912,586$0$0$72,480,241
99$97,835,236$0$0$79,755,659
100$107,663,384$0$0$87,769,466