Can I retire at age 45 with 817,000?

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 $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%12.5%
1 years$67,467$66,866$66,280$65,708$65,149$64,468
2 years$33,400$32,778$32,175$31,590$31,023$30,338
3 years$22,045$21,420$20,819$20,240$19,682$19,014
4 years$16,369$15,746$15,151$14,582$14,038$13,391
5 years$12,964$12,345$11,758$11,200$10,671$10,048
6 years$10,695$10,081$9,502$8,957$8,444$7,844
7 years$9,075$8,466$7,896$7,364$6,867$6,292
8 years$7,861$7,257$6,697$6,177$5,697$5,147
9 years$6,916$6,318$5,768$5,262$4,798$4,272
10 years$6,162$5,569$5,029$4,536$4,088$3,586
11 years$5,544$4,958$4,427$3,947$3,516$3,037
12 years$5,030$4,450$3,929$3,462$3,047$2,591
13 years$4,596$4,022$3,510$3,057$2,657$2,224
14 years$4,224$3,656$3,154$2,714$2,329$1,918
15 years$3,901$3,339$2,848$2,420$2,050$1,661
16 years$3,620$3,064$2,582$2,167$1,812$1,443
17 years$3,371$2,822$2,349$1,947$1,607$1,258
18 years$3,151$2,607$2,145$1,755$1,429$1,099
19 years$2,954$2,416$1,963$1,585$1,273$962
20 years$2,777$2,245$1,802$1,436$1,137$844
21 years$2,617$2,092$1,657$1,303$1,018$742
22 years$2,471$1,952$1,527$1,185$912$653
23 years$2,339$1,826$1,410$1,079$819$575
24 years$2,218$1,711$1,304$984$736$507
25 years$2,106$1,606$1,208$899$662$448
26 years$2,004$1,509$1,120$822$597$395
27 years$1,909$1,420$1,040$752$538$350
28 years$1,821$1,338$967$689$485$309
29 years$1,739$1,262$900$632$438$274
30 years$1,663$1,192$838$580$396$242
31 years$1,592$1,127$782$533$358$215
32 years$1,525$1,066$729$490$324$190
33 years$1,463$1,010$681$450$293$169
34 years$1,405$957$636$414$265$150
35 years$1,349$908$595$381$240$133
36 years$1,298$862$556$351$218$118
37 years$1,249$818$521$324$197$105
38 years$1,202$778$488$298$179$93
39 years$1,158$740$457$275$162$82
40 years$1,117$704$428$254$147$73
41 years$1,078$670$402$234$134$65
42 years$1,040$638$377$216$121$58
43 years$1,005$608$353$199$110$51
44 years$971$579$332$184$100$45
45 years$938$552$312$170$91$40
46 years$908$527$293$157$82$36
47 years$878$503$275$145$75$32
48 years$850$480$258$134$68$28
49 years$823$459$243$124$62$25
50 years$798$438$228$115$56$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $817,000, adding $2,581 every year, while hoping to spend $41,929 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: 64/6/30 Blend
44$817,000$817,000$817,000$817,000
45$902,996$859,695$847,032$953,388
46$950,490$857,208$830,795$985,394
47$1,001,422$853,194$812,609$1,015,535
48$1,056,100$847,534$792,365$1,047,578
49$1,114,861$840,101$769,947$1,081,719
50$1,178,072$830,761$745,236$1,118,172
51$1,246,140$819,373$718,106$1,157,175
52$1,319,510$805,786$688,426$1,198,992
53$1,398,671$789,840$656,059$1,243,916
54$1,484,160$771,367$620,862$1,292,272
55$1,576,568$750,188$582,685$1,344,416
56$1,676,544$726,114$541,371$1,400,748
57$1,784,802$698,943$496,757$1,461,707
58$1,902,125$668,465$448,671$1,527,780
59$2,029,376$634,454$396,936$1,599,506
60$2,167,503$596,673$341,365$1,677,482
61$2,317,550$554,872$281,762$1,762,366
62$2,480,665$508,785$217,926$1,854,889
63$2,658,109$458,131$149,642$1,955,858
64$2,851,271$402,615$76,690$2,066,165
65$3,061,680$341,922$0$2,186,796
66$3,291,017$275,722$0$2,319,215
67$3,541,133$203,666$0$2,490,477
68$3,814,067$125,383$0$2,677,419
69$4,112,059$40,484$0$2,881,599
70$4,437,578$0$0$3,104,731
71$4,793,342$0$0$3,352,099
72$5,182,343$0$0$3,625,554
73$5,607,874$0$0$3,924,746
74$6,073,563$0$0$4,252,230
75$6,583,404$0$0$4,610,823
76$7,141,793$0$0$5,003,626
77$7,753,575$0$0$5,434,054
78$8,424,084$0$0$5,905,867
79$9,159,193$0$0$6,423,207
80$9,965,373$0$0$6,990,637
81$10,849,749$0$0$7,613,181
82$11,820,171$0$0$8,296,373
83$12,885,283$0$0$9,046,311
84$14,054,610$0$0$9,869,709
85$15,338,642$0$0$10,773,965
86$16,748,934$0$0$11,767,228
87$18,298,218$0$0$12,858,475
88$20,000,517$0$0$14,057,595
89$21,871,280$0$0$15,375,483
90$23,927,528$0$0$16,824,142
91$26,188,013$0$0$18,416,796
92$28,673,394$0$0$20,168,013
93$31,406,431$0$0$22,093,845
94$34,412,201$0$0$24,211,975
95$37,718,332$0$0$26,541,888
96$41,355,266$0$0$29,105,052
97$45,356,541$0$0$31,925,118
98$49,759,112$0$0$35,028,149
99$54,603,695$0$0$38,442,859
100$59,935,154$0$0$42,200,888