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%13.6%
1 years$67,467$66,866$66,280$65,708$65,149$64,175
2 years$33,400$32,778$32,175$31,590$31,023$30,045
3 years$22,045$21,420$20,819$20,240$19,682$18,729
4 years$16,369$15,746$15,151$14,582$14,038$13,117
5 years$12,964$12,345$11,758$11,200$10,671$9,786
6 years$10,695$10,081$9,502$8,957$8,444$7,595
7 years$9,075$8,466$7,896$7,364$6,867$6,055
8 years$7,861$7,257$6,697$6,177$5,697$4,921
9 years$6,916$6,318$5,768$5,262$4,798$4,058
10 years$6,162$5,569$5,029$4,536$4,088$3,384
11 years$5,544$4,958$4,427$3,947$3,516$2,847
12 years$5,030$4,450$3,929$3,462$3,047$2,412
13 years$4,596$4,022$3,510$3,057$2,657$2,055
14 years$4,224$3,656$3,154$2,714$2,329$1,759
15 years$3,901$3,339$2,848$2,420$2,050$1,512
16 years$3,620$3,064$2,582$2,167$1,812$1,304
17 years$3,371$2,822$2,349$1,947$1,607$1,128
18 years$3,151$2,607$2,145$1,755$1,429$978
19 years$2,954$2,416$1,963$1,585$1,273$849
20 years$2,777$2,245$1,802$1,436$1,137$739
21 years$2,617$2,092$1,657$1,303$1,018$644
22 years$2,471$1,952$1,527$1,185$912$562
23 years$2,339$1,826$1,410$1,079$819$491
24 years$2,218$1,711$1,304$984$736$429
25 years$2,106$1,606$1,208$899$662$376
26 years$2,004$1,509$1,120$822$597$329
27 years$1,909$1,420$1,040$752$538$288
28 years$1,821$1,338$967$689$485$253
29 years$1,739$1,262$900$632$438$222
30 years$1,663$1,192$838$580$396$195
31 years$1,592$1,127$782$533$358$171
32 years$1,525$1,066$729$490$324$150
33 years$1,463$1,010$681$450$293$132
34 years$1,405$957$636$414$265$116
35 years$1,349$908$595$381$240$102
36 years$1,298$862$556$351$218$89
37 years$1,249$818$521$324$197$79
38 years$1,202$778$488$298$179$69
39 years$1,158$740$457$275$162$61
40 years$1,117$704$428$254$147$54
41 years$1,078$670$402$234$134$47
42 years$1,040$638$377$216$121$41
43 years$1,005$608$353$199$110$36
44 years$971$579$332$184$100$32
45 years$938$552$312$170$91$28
46 years$908$527$293$157$82$25
47 years$878$503$275$145$75$22
48 years$850$480$258$134$68$19
49 years$823$459$243$124$62$17
50 years$798$438$228$115$56$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $817,000, adding $3,685 every year, while hoping to spend $35,568 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: 82/8/10 Blend
44$817,000$817,000$817,000$817,000
45$904,135$860,834$848,171$976,567
46$958,513$865,171$838,740$1,028,880
47$1,017,245$868,528$827,802$1,081,212
48$1,080,738$870,820$815,267$1,137,596
49$1,149,439$871,956$801,045$1,198,418
50$1,223,839$871,840$785,037$1,264,104
51$1,304,479$870,368$767,144$1,335,123
52$1,391,952$867,432$747,259$1,411,992
53$1,486,911$862,916$725,272$1,495,280
54$1,590,075$856,697$701,068$1,585,614
55$1,702,233$848,647$674,525$1,683,685
56$1,824,256$838,626$645,516$1,790,254
57$1,957,100$826,488$613,911$1,906,160
58$2,101,817$812,079$579,570$2,032,326
59$2,259,566$795,234$542,349$2,169,771
60$2,431,621$775,779$502,097$2,319,616
61$2,619,385$753,532$458,656$2,483,098
62$2,824,403$728,295$411,862$2,661,579
63$3,048,375$699,865$361,542$2,856,561
64$3,293,173$668,021$307,516$3,069,697
65$3,560,856$632,534$249,598$3,302,812
66$3,853,694$593,159$187,590$3,557,915
67$4,174,185$549,638$121,289$3,837,220
68$4,525,080$501,698$50,480$4,143,169
69$4,909,407$449,050$0$4,478,452
70$5,330,503$391,390$0$4,848,710
71$5,792,042$328,395$0$5,260,457
72$6,298,068$259,725$0$5,711,928
73$6,853,040$185,021$0$6,207,120
74$7,461,865$103,901$0$6,750,437
75$8,129,949$15,966$0$7,346,729
76$8,863,247$0$0$8,001,344
77$9,668,319$0$0$8,727,142
78$10,552,390$0$0$9,525,724
79$11,523,421$0$0$10,402,876
80$12,590,179$0$0$11,366,522
81$13,762,325$0$0$12,425,390
82$15,050,500$0$0$13,589,097
83$16,466,429$0$0$14,868,235
84$18,023,026$0$0$16,274,477
85$19,734,522$0$0$17,820,680
86$21,616,596$0$0$19,521,012
87$23,686,519$0$0$21,391,080
88$25,963,322$0$0$23,448,081
89$28,467,974$0$0$25,710,962
90$31,223,577$0$0$28,200,600
91$34,255,586$0$0$30,939,994
92$37,592,046$0$0$33,954,489
93$41,263,860$0$0$37,272,009
94$45,305,079$0$0$40,923,322
95$49,753,219$0$0$44,942,331
96$54,649,621$0$0$49,366,390
97$60,039,835$0$0$54,236,662
98$65,974,054$0$0$59,598,500
99$72,507,583$0$0$65,501,882
100$79,701,363$0$0$72,001,876