Can I retire at age 45 with 817,000?

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 $817,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$67,467$66,866$66,280$65,708$65,149$63,964
2 years$33,400$32,778$32,175$31,590$31,023$29,834
3 years$22,045$21,420$20,819$20,240$19,682$18,526
4 years$16,369$15,746$15,151$14,582$14,038$12,922
5 years$12,964$12,345$11,758$11,200$10,671$9,600
6 years$10,695$10,081$9,502$8,957$8,444$7,419
7 years$9,075$8,466$7,896$7,364$6,867$5,888
8 years$7,861$7,257$6,697$6,177$5,697$4,763
9 years$6,916$6,318$5,768$5,262$4,798$3,909
10 years$6,162$5,569$5,029$4,536$4,088$3,244
11 years$5,544$4,958$4,427$3,947$3,516$2,715
12 years$5,030$4,450$3,929$3,462$3,047$2,289
13 years$4,596$4,022$3,510$3,057$2,657$1,940
14 years$4,224$3,656$3,154$2,714$2,329$1,652
15 years$3,901$3,339$2,848$2,420$2,050$1,412
16 years$3,620$3,064$2,582$2,167$1,812$1,211
17 years$3,371$2,822$2,349$1,947$1,607$1,041
18 years$3,151$2,607$2,145$1,755$1,429$897
19 years$2,954$2,416$1,963$1,585$1,273$775
20 years$2,777$2,245$1,802$1,436$1,137$670
21 years$2,617$2,092$1,657$1,303$1,018$581
22 years$2,471$1,952$1,527$1,185$912$504
23 years$2,339$1,826$1,410$1,079$819$437
24 years$2,218$1,711$1,304$984$736$380
25 years$2,106$1,606$1,208$899$662$330
26 years$2,004$1,509$1,120$822$597$287
27 years$1,909$1,420$1,040$752$538$250
28 years$1,821$1,338$967$689$485$218
29 years$1,739$1,262$900$632$438$190
30 years$1,663$1,192$838$580$396$166
31 years$1,592$1,127$782$533$358$144
32 years$1,525$1,066$729$490$324$126
33 years$1,463$1,010$681$450$293$110
34 years$1,405$957$636$414$265$96
35 years$1,349$908$595$381$240$84
36 years$1,298$862$556$351$218$73
37 years$1,249$818$521$324$197$64
38 years$1,202$778$488$298$179$56
39 years$1,158$740$457$275$162$49
40 years$1,117$704$428$254$147$43
41 years$1,078$670$402$234$134$37
42 years$1,040$638$377$216$121$33
43 years$1,005$608$353$199$110$28
44 years$971$579$332$184$100$25
45 years$938$552$312$170$91$22
46 years$908$527$293$157$82$19
47 years$878$503$275$145$75$17
48 years$850$480$258$134$68$14
49 years$823$459$243$124$62$13
50 years$798$438$228$115$56$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $817,000, adding $3,601 every year, while hoping to spend $38,377 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: 55/35/10 Blend
44$817,000$817,000$817,000$817,000
45$904,048$860,747$848,084$951,332
46$955,429$862,091$835,662$985,095
47$1,010,763$862,215$821,538$1,017,318
48$1,070,415$861,017$805,613$1,051,489
49$1,134,783$858,393$787,787$1,087,802
50$1,204,305$854,228$767,952$1,126,468
51$1,279,462$848,403$745,996$1,167,724
52$1,360,783$840,791$721,803$1,211,833
53$1,448,850$831,256$695,250$1,259,084
54$1,544,301$819,656$666,209$1,309,799
55$1,647,839$805,839$634,547$1,364,335
56$1,760,239$789,645$600,124$1,423,087
57$1,882,349$770,903$562,794$1,486,493
58$2,015,105$749,434$522,404$1,555,038
59$2,159,536$725,047$478,795$1,629,260
60$2,316,774$697,540$431,800$1,709,753
61$2,488,065$666,699$381,245$1,797,177
62$2,674,779$632,299$326,949$1,892,260
63$2,878,426$594,101$268,721$1,995,809
64$3,100,665$551,851$206,363$2,108,719
65$3,343,325$505,284$139,668$2,231,977
66$3,608,417$454,116$68,420$2,366,678
67$3,898,158$398,050$0$2,514,030
68$4,214,984$336,769$0$2,676,186
69$4,561,583$269,941$0$2,861,655
70$4,940,909$197,213$0$3,064,792
71$5,356,219$118,213$0$3,287,435
72$5,811,098$32,551$0$3,531,611
73$6,309,494$0$0$3,799,562
74$6,855,755$0$0$4,116,943
75$7,454,669$0$0$4,478,738
76$8,111,510$0$0$4,875,604
77$8,832,088$0$0$5,311,061
78$9,622,800$0$0$5,788,987
79$10,490,696$0$0$6,313,652
80$11,443,537$0$0$6,889,759
81$12,489,876$0$0$7,522,491
82$13,639,133$0$0$8,217,555
83$14,901,686$0$0$8,981,241
84$16,288,968$0$0$9,820,476
85$17,813,572$0$0$10,742,893
86$19,489,375$0$0$11,756,898
87$21,331,662$0$0$12,871,757
88$23,357,275$0$0$14,097,674
89$25,584,769$0$0$15,445,894
90$28,034,586$0$0$16,928,806
91$30,729,250$0$0$18,560,059
92$33,693,577$0$0$20,354,691
93$36,954,908$0$0$22,329,274
94$40,543,369$0$0$24,502,064
95$44,492,154$0$0$26,893,178
96$48,837,836$0$0$29,524,780
97$53,620,713$0$0$32,421,293
98$58,885,188$0$0$35,609,627
99$64,680,188$0$0$39,119,435
100$71,059,621$0$0$42,983,388