Can I retire at age 45 with 818,000?

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 $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 years$67,550$66,948$66,361$65,788$65,228$63,369
2 years$33,440$32,818$32,214$31,629$31,061$29,202
3 years$22,072$21,447$20,845$20,265$19,706$17,906
4 years$16,389$15,766$15,170$14,600$14,055$12,327
5 years$12,980$12,360$11,772$11,214$10,684$9,034
6 years$10,708$10,093$9,514$8,968$8,454$6,883
7 years$9,086$8,476$7,906$7,373$6,875$5,383
8 years$7,870$7,266$6,705$6,185$5,704$4,289
9 years$6,925$6,326$5,775$5,268$4,803$3,466
10 years$6,169$5,576$5,035$4,541$4,093$2,830
11 years$5,551$4,964$4,432$3,952$3,520$2,330
12 years$5,036$4,456$3,934$3,467$3,050$1,931
13 years$4,601$4,027$3,514$3,061$2,660$1,608
14 years$4,229$3,660$3,158$2,717$2,332$1,345
15 years$3,906$3,343$2,851$2,423$2,053$1,129
16 years$3,624$3,068$2,585$2,169$1,814$951
17 years$3,375$2,825$2,352$1,949$1,609$802
18 years$3,155$2,611$2,147$1,757$1,430$678
19 years$2,957$2,419$1,966$1,587$1,275$575
20 years$2,780$2,248$1,804$1,438$1,139$487
21 years$2,620$2,094$1,659$1,305$1,019$414
22 years$2,474$1,955$1,529$1,186$914$352
23 years$2,342$1,828$1,412$1,080$820$299
24 years$2,220$1,713$1,306$985$737$255
25 years$2,109$1,608$1,210$900$663$217
26 years$2,006$1,511$1,122$823$597$185
27 years$1,911$1,422$1,042$753$539$158
28 years$1,823$1,340$968$690$486$134
29 years$1,741$1,264$901$633$439$115
30 years$1,665$1,194$839$581$397$98
31 years$1,594$1,128$783$533$359$84
32 years$1,527$1,068$730$490$324$71
33 years$1,465$1,011$682$451$293$61
34 years$1,406$958$637$415$266$52
35 years$1,351$909$596$382$241$44
36 years$1,299$863$557$352$218$38
37 years$1,250$819$521$324$198$32
38 years$1,204$779$488$299$179$28
39 years$1,160$741$457$275$162$24
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$15
43 years$1,006$609$354$200$110$13
44 years$972$580$332$184$100$11
45 years$940$553$312$170$91$9
46 years$909$528$293$157$82$8
47 years$879$504$275$145$75$7
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 $6,785 every year, while hoping to spend $36,713 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: 71/5/24 Blend
44$818,000$818,000$818,000$818,000
45$908,435$865,081$852,402$967,000
46$962,033$868,407$841,895$1,010,324
47$1,019,867$870,666$829,806$1,052,797
48$1,082,332$871,767$816,042$1,098,419
49$1,149,858$871,612$800,508$1,147,501
50$1,222,922$870,100$783,103$1,200,383
51$1,302,046$867,120$763,723$1,257,443
52$1,387,803$862,557$742,256$1,319,096
53$1,480,825$856,289$718,588$1,385,802
54$1,581,807$848,185$692,598$1,458,067
55$1,691,511$838,106$664,161$1,536,451
56$1,810,779$825,907$633,144$1,621,570
57$1,940,535$811,433$599,410$1,714,106
58$2,081,795$794,519$562,816$1,814,810
59$2,235,678$774,990$523,210$1,924,511
60$2,403,416$752,663$480,436$2,044,125
61$2,586,363$727,343$434,330$2,174,660
62$2,786,012$698,822$384,720$2,317,230
63$3,004,004$666,883$331,427$2,473,065
64$3,242,146$631,294$274,264$2,643,520
65$3,502,429$591,811$213,035$2,830,090
66$3,787,042$548,176$147,537$3,034,427
67$4,098,398$500,114$77,557$3,258,349
68$4,439,152$447,337$2,873$3,503,864
69$4,812,229$389,539$0$3,773,188
70$5,220,848$326,399$0$4,088,437
71$5,668,556$257,574$0$4,434,695
72$6,159,259$182,705$0$4,814,263
73$6,697,257$101,412$0$5,230,485
74$7,287,289$13,292$0$5,687,046
75$7,934,571$0$0$6,188,006
76$8,644,852$0$0$6,742,355
77$9,424,461$0$0$7,351,658
78$10,280,373$0$0$8,020,640
79$11,220,267$0$0$8,755,310
80$12,252,607$0$0$9,562,288
81$13,386,713$0$0$10,448,867
82$14,632,855$0$0$11,423,081
83$16,002,346$0$0$12,493,780
84$17,507,648$0$0$13,670,715
85$19,162,492$0$0$14,964,628
86$20,982,006$0$0$16,387,354
87$22,982,856$0$0$17,951,934
88$25,183,404$0$0$19,672,732
89$27,603,881$0$0$21,565,577
90$30,266,578$0$0$23,647,908
91$33,196,054$0$0$25,938,941
92$36,419,368$0$0$28,459,845
93$39,966,336$0$0$31,233,949
94$43,869,808$0$0$34,286,954
95$48,165,982$0$0$37,647,180
96$52,894,742$0$0$41,345,832
97$58,100,034$0$0$45,417,294
98$63,830,281$0$0$49,899,453
99$70,138,842$0$0$54,834,053
100$77,084,508$0$0$60,267,096