Can I retire at age 45 with 819,000?

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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$67,632$67,030$66,442$65,868$65,308$64,599
2 years$33,481$32,858$32,253$31,667$31,099$30,385
3 years$22,099$21,473$20,870$20,290$19,731$19,034
4 years$16,409$15,785$15,188$14,618$14,072$13,398
5 years$12,996$12,376$11,787$11,228$10,697$10,048
6 years$10,721$10,106$9,525$8,979$8,464$7,841
7 years$9,097$8,487$7,916$7,382$6,884$6,286
8 years$7,880$7,275$6,713$6,193$5,711$5,138
9 years$6,933$6,334$5,782$5,275$4,809$4,262
10 years$6,177$5,583$5,041$4,547$4,098$3,576
11 years$5,558$4,970$4,438$3,957$3,524$3,027
12 years$5,043$4,461$3,938$3,471$3,054$2,581
13 years$4,607$4,031$3,519$3,064$2,663$2,213
14 years$4,234$3,664$3,162$2,720$2,335$1,908
15 years$3,911$3,348$2,855$2,426$2,055$1,651
16 years$3,628$3,071$2,588$2,172$1,817$1,434
17 years$3,380$2,829$2,355$1,952$1,611$1,249
18 years$3,159$2,614$2,150$1,759$1,432$1,090
19 years$2,961$2,422$1,968$1,589$1,277$954
20 years$2,784$2,251$1,806$1,439$1,140$836
21 years$2,623$2,097$1,661$1,306$1,020$734
22 years$2,477$1,957$1,531$1,188$915$646
23 years$2,345$1,831$1,414$1,082$821$568
24 years$2,223$1,715$1,308$987$738$501
25 years$2,112$1,610$1,211$901$664$442
26 years$2,009$1,513$1,123$824$598$390
27 years$1,914$1,424$1,043$754$539$344
28 years$1,825$1,341$970$691$487$304
29 years$1,743$1,266$902$634$439$269
30 years$1,667$1,195$840$581$397$238
31 years$1,596$1,130$783$534$359$211
32 years$1,529$1,069$731$491$325$187
33 years$1,467$1,012$683$451$294$165
34 years$1,408$960$638$415$266$147
35 years$1,353$910$596$382$241$130
36 years$1,301$864$558$352$218$115
37 years$1,252$820$522$324$198$102
38 years$1,205$780$489$299$179$91
39 years$1,161$741$458$276$163$80
40 years$1,120$705$429$254$148$71
41 years$1,080$671$403$235$134$63
42 years$1,043$639$378$216$121$56
43 years$1,007$609$354$200$110$50
44 years$973$581$333$185$100$44
45 years$941$554$312$170$91$39
46 years$910$528$293$157$82$35
47 years$880$504$276$145$75$31
48 years$852$481$259$134$68$27
49 years$825$460$243$124$62$24
50 years$800$439$229$115$56$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $819,000, adding $2,052 every year, while hoping to spend $29,138 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: 25/48/27 Blend
44$819,000$819,000$819,000$819,000
45$904,655$861,248$848,553$919,549
46$965,927$872,446$845,977$943,273
47$1,032,472$883,217$842,338$966,071
48$1,104,798$893,508$837,570$989,906
49$1,183,462$903,264$831,603$1,014,886
50$1,269,077$912,427$824,364$1,041,129
51$1,362,320$920,933$815,777$1,068,768
52$1,463,933$928,715$805,763$1,097,953
53$1,574,735$935,702$794,236$1,128,848
54$1,695,625$941,819$781,110$1,161,641
55$1,827,594$946,983$766,292$1,196,537
56$1,971,733$951,110$749,687$1,233,766
57$2,129,242$954,107$731,195$1,273,586
58$2,301,444$955,877$710,709$1,316,282
59$2,489,793$956,317$688,119$1,362,173
60$2,695,893$955,317$663,312$1,411,613
61$2,921,507$952,761$636,166$1,464,995
62$3,168,578$948,524$606,555$1,522,757
63$3,439,247$942,475$574,349$1,585,387
64$3,735,870$934,476$539,409$1,653,425
65$4,061,041$924,378$501,592$1,727,471
66$4,417,620$912,025$460,747$1,808,193
67$4,808,753$897,250$416,719$1,896,331
68$5,237,909$879,879$369,342$1,992,705
69$5,708,907$859,724$318,446$2,098,226
70$6,225,953$836,588$263,852$2,213,905
71$6,793,683$810,263$205,373$2,340,861
72$7,417,201$780,528$142,815$2,480,334
73$8,102,129$747,149$75,974$2,633,700
74$8,854,665$709,877$4,637$2,802,482
75$9,681,632$668,452$0$2,988,365
76$10,590,549$622,597$0$3,213,815
77$11,589,699$572,018$0$3,463,067
78$12,688,208$516,407$0$3,737,140
79$13,896,131$455,437$0$4,038,641
80$15,224,544$388,761$0$4,370,445
81$16,685,652$316,015$0$4,735,732
82$18,292,902$236,812$0$5,138,010
83$20,061,108$150,747$0$5,581,156
84$22,006,595$57,387$0$6,069,449
85$24,147,348$0$0$6,607,616
86$26,503,184$0$0$7,223,966
87$29,095,939$0$0$7,935,823
88$31,949,672$0$0$8,719,503
89$35,090,893$0$0$9,582,307
90$38,548,813$0$0$10,532,279
91$42,355,618$0$0$11,578,284
92$46,546,774$0$0$12,730,091
93$51,161,361$0$0$13,998,463
94$56,242,440$0$0$15,395,261
95$61,837,463$0$0$16,933,554
96$67,998,713$0$0$18,627,745
97$74,783,807$0$0$20,493,702
98$82,256,231$0$0$22,548,914
99$90,485,943$0$0$24,812,651
100$99,550,033$0$0$27,306,146