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%13.9%
1 years$67,550$66,948$66,361$65,788$65,228$64,174
2 years$33,440$32,818$32,214$31,629$31,061$30,002
3 years$22,072$21,447$20,845$20,265$19,706$18,675
4 years$16,389$15,766$15,170$14,600$14,055$13,060
5 years$12,980$12,360$11,772$11,214$10,684$9,728
6 years$10,708$10,093$9,514$8,968$8,454$7,538
7 years$9,086$8,476$7,906$7,373$6,875$5,999
8 years$7,870$7,266$6,705$6,185$5,704$4,867
9 years$6,925$6,326$5,775$5,268$4,803$4,007
10 years$6,169$5,576$5,035$4,541$4,093$3,335
11 years$5,551$4,964$4,432$3,952$3,520$2,800
12 years$5,036$4,456$3,934$3,467$3,050$2,368
13 years$4,601$4,027$3,514$3,061$2,660$2,014
14 years$4,229$3,660$3,158$2,717$2,332$1,720
15 years$3,906$3,343$2,851$2,423$2,053$1,476
16 years$3,624$3,068$2,585$2,169$1,814$1,270
17 years$3,375$2,825$2,352$1,949$1,609$1,096
18 years$3,155$2,611$2,147$1,757$1,430$948
19 years$2,957$2,419$1,966$1,587$1,275$822
20 years$2,780$2,248$1,804$1,438$1,139$713
21 years$2,620$2,094$1,659$1,305$1,019$620
22 years$2,474$1,955$1,529$1,186$914$540
23 years$2,342$1,828$1,412$1,080$820$471
24 years$2,220$1,713$1,306$985$737$411
25 years$2,109$1,608$1,210$900$663$358
26 years$2,006$1,511$1,122$823$597$313
27 years$1,911$1,422$1,042$753$539$274
28 years$1,823$1,340$968$690$486$239
29 years$1,741$1,264$901$633$439$210
30 years$1,665$1,194$839$581$397$183
31 years$1,594$1,128$783$533$359$161
32 years$1,527$1,068$730$490$324$141
33 years$1,465$1,011$682$451$293$123
34 years$1,406$958$637$415$266$108
35 years$1,351$909$596$382$241$95
36 years$1,299$863$557$352$218$83
37 years$1,250$819$521$324$198$73
38 years$1,204$779$488$299$179$64
39 years$1,160$741$457$275$162$56
40 years$1,118$705$429$254$147$49
41 years$1,079$671$402$234$134$43
42 years$1,041$639$377$216$121$38
43 years$1,006$609$354$200$110$33
44 years$972$580$332$184$100$29
45 years$940$553$312$170$91$26
46 years$909$528$293$157$82$22
47 years$879$504$275$145$75$20
48 years$851$481$259$134$68$17
49 years$824$459$243$124$62$15
50 years$799$439$229$115$56$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $818,000, adding $3,385 every year, while hoping to spend $43,961 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: 38/49/13 Blend
44$818,000$818,000$818,000$818,000
45$904,928$861,574$848,895$935,624
46$950,456$857,017$830,558$953,257
47$999,155$850,763$810,135$967,791
48$1,051,302$842,683$787,507$982,537
49$1,107,199$832,639$762,553$997,534
50$1,167,182$820,487$735,147$1,012,832
51$1,231,614$806,070$705,154$1,028,486
52$1,300,898$789,227$672,436$1,044,562
53$1,375,474$769,784$636,847$1,061,135
54$1,455,827$747,557$598,236$1,078,294
55$1,542,487$722,354$556,442$1,096,140
56$1,636,038$693,967$511,301$1,114,791
57$1,737,123$662,180$462,639$1,134,379
58$1,846,446$626,763$410,273$1,155,058
59$1,964,782$587,473$354,016$1,177,002
60$2,092,984$544,053$293,670$1,200,410
61$2,231,987$496,231$229,027$1,225,505
62$2,382,823$443,719$159,872$1,252,544
63$2,546,624$386,215$85,981$1,281,814
64$2,724,636$323,396$7,118$1,313,641
65$2,918,231$254,924$0$1,348,391
66$3,128,916$180,441$0$1,397,166
67$3,358,352$99,569$0$1,451,491
68$3,608,364$11,908$0$1,510,938
69$3,880,962$0$0$1,576,130
70$4,178,358$0$0$1,692,499
71$4,502,987$0$0$1,826,638
72$4,857,530$0$0$1,973,247
73$5,244,935$0$0$2,133,559
74$5,668,452$0$0$2,308,932
75$6,131,656$0$0$2,500,863
76$6,638,486$0$0$2,710,997
77$7,193,276$0$0$2,941,150
78$7,800,801$0$0$3,193,317
79$8,466,319$0$0$3,469,699
80$9,195,619$0$0$3,772,718
81$9,995,079$0$0$4,105,041
82$10,871,721$0$0$4,469,608
83$11,833,280$0$0$4,869,655
84$12,888,277$0$0$5,308,748
85$14,046,096$0$0$5,790,813
86$15,317,074$0$0$6,320,177
87$16,712,597$0$0$6,901,605
88$18,245,208$0$0$7,540,347
89$19,928,725$0$0$8,242,187
90$21,778,371$0$0$9,013,494
91$23,810,913$0$0$9,861,289
92$26,044,825$0$0$10,793,305
93$28,500,460$0$0$11,818,060
94$31,200,240$0$0$12,944,941
95$34,168,869$0$0$14,184,289
96$37,433,564$0$0$15,547,498
97$41,024,311$0$0$17,047,122
98$44,974,148$0$0$18,696,991
99$49,319,478$0$0$20,512,345
100$54,100,407$0$0$22,509,976