Can I retire at age 45 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$67,715$67,112$66,523$65,949$65,388$63,118
2 years$33,522$32,898$32,293$31,706$31,137$28,874
3 years$22,126$21,499$20,896$20,314$19,755$17,569
4 years$16,429$15,804$15,207$14,635$14,089$11,998
5 years$13,012$12,391$11,801$11,241$10,710$8,719
6 years$10,735$10,118$9,537$8,990$8,475$6,585
7 years$9,108$8,497$7,925$7,391$6,892$5,103
8 years$7,889$7,283$6,721$6,200$5,718$4,028
9 years$6,942$6,342$5,789$5,281$4,815$3,223
10 years$6,184$5,590$5,047$4,552$4,103$2,605
11 years$5,565$4,976$4,443$3,962$3,529$2,123
12 years$5,049$4,466$3,943$3,475$3,058$1,741
13 years$4,613$4,036$3,523$3,068$2,666$1,434
14 years$4,239$3,669$3,165$2,723$2,337$1,187
15 years$3,916$3,352$2,858$2,429$2,058$985
16 years$3,633$3,075$2,591$2,175$1,819$820
17 years$3,384$2,832$2,358$1,954$1,613$684
18 years$3,162$2,617$2,152$1,761$1,434$571
19 years$2,965$2,425$1,970$1,591$1,278$478
20 years$2,787$2,254$1,808$1,441$1,142$400
21 years$2,626$2,099$1,663$1,308$1,022$336
22 years$2,480$1,960$1,533$1,189$916$282
23 years$2,348$1,833$1,416$1,083$822$237
24 years$2,226$1,717$1,309$988$739$199
25 years$2,114$1,611$1,212$902$665$167
26 years$2,011$1,515$1,125$825$599$141
27 years$1,916$1,425$1,044$755$540$119
28 years$1,828$1,343$971$692$487$100
29 years$1,746$1,267$903$634$440$84
30 years$1,669$1,197$841$582$398$71
31 years$1,598$1,131$784$535$359$60
32 years$1,531$1,070$732$491$325$50
33 years$1,468$1,014$683$452$294$42
34 years$1,410$961$639$416$266$36
35 years$1,354$911$597$383$241$30
36 years$1,302$865$558$352$219$25
37 years$1,253$821$523$325$198$21
38 years$1,207$781$489$299$180$18
39 years$1,163$742$459$276$163$15
40 years$1,121$706$430$255$148$13
41 years$1,082$672$403$235$134$11
42 years$1,044$640$378$217$122$9
43 years$1,008$610$355$200$110$8
44 years$974$581$333$185$100$6
45 years$942$555$313$171$91$5
46 years$911$529$294$158$83$5
47 years$882$505$276$146$75$4
48 years$853$482$259$135$68$3
49 years$826$460$244$124$62$3
50 years$801$440$229$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $820,000, adding $5,830 every year, while hoping to spend $24,881 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: 60/29/11 Blend
44$820,000$820,000$820,000$820,000
45$909,654$866,194$853,484$961,520
46$975,965$882,164$855,602$1,013,034
47$1,048,206$898,083$856,958$1,065,863
48$1,126,956$913,922$857,499$1,122,880
49$1,212,851$929,649$857,170$1,184,491
50$1,306,592$945,232$855,916$1,251,143
51$1,408,951$960,635$853,675$1,323,328
52$1,520,776$975,818$850,386$1,401,589
53$1,643,003$990,742$845,981$1,486,524
54$1,776,662$1,005,360$840,394$1,578,793
55$1,922,884$1,019,625$833,550$1,679,122
56$2,082,919$1,033,488$825,375$1,788,311
57$2,258,141$1,046,892$815,788$1,907,246
58$2,450,062$1,059,781$804,708$2,036,898
59$2,660,349$1,072,091$792,046$2,178,341
60$2,890,837$1,083,756$777,712$2,332,757
61$3,143,548$1,094,705$761,611$2,501,452
62$3,420,707$1,104,863$743,643$2,685,862
63$3,724,767$1,114,150$723,703$2,887,573
64$4,058,428$1,122,478$701,682$3,108,332
65$4,424,666$1,129,757$677,466$3,350,065
66$4,826,756$1,135,889$650,935$3,614,895
67$5,268,309$1,140,772$621,965$3,905,164
68$5,753,301$1,144,294$590,426$4,223,453
69$6,286,112$1,146,339$556,179$4,572,607
70$6,871,568$1,146,782$519,084$4,955,763
71$7,514,985$1,145,492$478,991$5,376,379
72$8,222,220$1,142,328$435,744$5,838,267
73$8,999,726$1,137,141$389,180$6,345,630
74$9,854,610$1,129,773$339,130$6,903,100
75$10,794,705$1,120,057$285,415$7,515,786
76$11,828,640$1,107,815$227,852$8,189,318
77$12,965,922$1,092,858$166,246$8,929,902
78$14,217,026$1,074,988$100,395$9,744,382
79$15,593,493$1,053,992$30,088$10,640,300
80$17,108,038$1,029,647$0$11,625,970
81$18,774,674$1,001,716$0$12,715,835
82$20,608,837$969,946$0$13,918,834
83$22,627,538$934,073$0$15,242,598
84$24,849,520$893,815$0$16,699,434
85$27,295,433$848,875$0$18,302,907
86$29,988,035$798,937$0$20,067,967
87$32,952,399$743,669$0$22,011,092
88$36,216,153$682,719$0$24,150,442
89$39,809,743$615,715$0$26,506,034
90$43,766,715$542,263$0$29,099,929
91$48,124,034$461,947$0$31,956,443
92$52,922,432$374,329$0$35,102,373
93$58,206,794$278,946$0$38,567,256
94$64,026,578$175,305$0$42,383,645
95$70,436,285$62,892$0$46,587,419
96$77,495,971$0$0$51,218,119
97$85,271,813$0$0$56,338,103
98$93,836,736$0$0$61,999,856
99$103,271,097$0$0$68,236,439
100$113,663,448$0$0$75,106,399