Can I retire at age 45 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$67,550$66,948$66,361$65,788$65,228$63,344
2 years$33,440$32,818$32,214$31,629$31,061$29,177
3 years$22,072$21,447$20,845$20,265$19,706$17,882
4 years$16,389$15,766$15,170$14,600$14,055$12,305
5 years$12,980$12,360$11,772$11,214$10,684$9,013
6 years$10,708$10,093$9,514$8,968$8,454$6,863
7 years$9,086$8,476$7,906$7,373$6,875$5,364
8 years$7,870$7,266$6,705$6,185$5,704$4,272
9 years$6,925$6,326$5,775$5,268$4,803$3,449
10 years$6,169$5,576$5,035$4,541$4,093$2,815
11 years$5,551$4,964$4,432$3,952$3,520$2,316
12 years$5,036$4,456$3,934$3,467$3,050$1,918
13 years$4,601$4,027$3,514$3,061$2,660$1,597
14 years$4,229$3,660$3,158$2,717$2,332$1,335
15 years$3,906$3,343$2,851$2,423$2,053$1,120
16 years$3,624$3,068$2,585$2,169$1,814$942
17 years$3,375$2,825$2,352$1,949$1,609$794
18 years$3,155$2,611$2,147$1,757$1,430$671
19 years$2,957$2,419$1,966$1,587$1,275$568
20 years$2,780$2,248$1,804$1,438$1,139$481
21 years$2,620$2,094$1,659$1,305$1,019$408
22 years$2,474$1,955$1,529$1,186$914$347
23 years$2,342$1,828$1,412$1,080$820$295
24 years$2,220$1,713$1,306$985$737$251
25 years$2,109$1,608$1,210$900$663$213
26 years$2,006$1,511$1,122$823$597$182
27 years$1,911$1,422$1,042$753$539$155
28 years$1,823$1,340$968$690$486$132
29 years$1,741$1,264$901$633$439$112
30 years$1,665$1,194$839$581$397$96
31 years$1,594$1,128$783$533$359$82
32 years$1,527$1,068$730$490$324$70
33 years$1,465$1,011$682$451$293$60
34 years$1,406$958$637$415$266$51
35 years$1,351$909$596$382$241$43
36 years$1,299$863$557$352$218$37
37 years$1,250$819$521$324$198$32
38 years$1,204$779$488$299$179$27
39 years$1,160$741$457$275$162$23
40 years$1,118$705$429$254$147$20
41 years$1,079$671$402$234$134$17
42 years$1,041$639$377$216$121$14
43 years$1,006$609$354$200$110$12
44 years$972$580$332$184$100$10
45 years$940$553$312$170$91$9
46 years$909$528$293$157$82$8
47 years$879$504$275$145$75$6
48 years$851$481$259$134$68$6
49 years$824$459$243$124$62$5
50 years$799$439$229$115$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $818,000, adding $3,968 every year, while hoping to spend $47,158 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: 81/5/14 Blend
44$818,000$818,000$818,000$818,000
45$905,529$862,175$849,496$976,061
46$947,717$854,246$827,778$1,015,032
47$992,628$844,348$803,753$1,051,266
48$1,040,490$832,334$777,292$1,089,676
49$1,091,551$818,050$748,263$1,130,456
50$1,146,086$801,332$716,527$1,173,822
51$1,204,395$782,005$681,938$1,220,012
52$1,266,805$759,885$644,345$1,269,287
53$1,333,678$734,778$603,589$1,321,936
54$1,405,408$706,476$559,504$1,378,276
55$1,482,428$674,763$511,916$1,438,659
56$1,565,215$639,405$460,645$1,503,471
57$1,654,292$600,161$405,501$1,573,139
58$1,750,230$556,770$346,286$1,648,132
59$1,853,662$508,959$282,795$1,728,968
60$1,965,278$456,441$214,811$1,816,220
61$2,085,839$398,909$142,110$1,910,518
62$2,216,181$336,042$64,456$2,012,556
63$2,357,221$267,497$0$2,123,102
64$2,509,969$192,917$0$2,245,751
65$2,675,536$111,920$0$2,389,139
66$2,855,141$24,104$0$2,544,696
67$3,050,128$0$0$2,713,597
68$3,261,971$0$0$2,901,041
69$3,492,295$0$0$3,106,297
70$3,742,887$0$0$3,329,634
71$4,015,712$0$0$3,572,806
72$4,312,934$0$0$3,837,743
73$4,636,932$0$0$4,126,570
74$4,990,326$0$0$4,441,625
75$5,376,000$0$0$4,785,481
76$5,797,127$0$0$5,160,970
77$6,257,202$0$0$5,571,212
78$6,760,071$0$0$6,019,639
79$7,309,968$0$0$6,510,030
80$7,911,556$0$0$7,046,548
81$8,569,970$0$0$7,633,774
82$9,290,862$0$0$8,276,754
83$10,080,458$0$0$8,981,044
84$10,945,613$0$0$9,752,765
85$11,893,878$0$0$10,598,653
86$12,933,568$0$0$11,526,133
87$14,073,842$0$0$12,543,377
88$15,324,786$0$0$13,659,390
89$16,697,513$0$0$14,884,089
90$18,204,260$0$0$16,228,397
91$19,858,508$0$0$17,704,348
92$21,675,109$0$0$19,325,197
93$23,670,420$0$0$21,105,545
94$25,862,463$0$0$23,061,477
95$28,271,091$0$0$25,210,714
96$30,918,175$0$0$27,572,778
97$33,827,809$0$0$30,169,176
98$37,026,539$0$0$33,023,601
99$40,543,611$0$0$36,162,159
100$44,411,246$0$0$39,613,609