Can I retire at age 45 with 820,000?

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 $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%14.1%
1 years$67,715$67,112$66,523$65,949$65,388$64,278
2 years$33,522$32,898$32,293$31,706$31,137$30,023
3 years$22,126$21,499$20,896$20,314$19,755$18,670
4 years$16,429$15,804$15,207$14,635$14,089$13,043
5 years$13,012$12,391$11,801$11,241$10,710$9,705
6 years$10,735$10,118$9,537$8,990$8,475$7,512
7 years$9,108$8,497$7,925$7,391$6,892$5,972
8 years$7,889$7,283$6,721$6,200$5,718$4,840
9 years$6,942$6,342$5,789$5,281$4,815$3,979
10 years$6,184$5,590$5,047$4,552$4,103$3,308
11 years$5,565$4,976$4,443$3,962$3,529$2,774
12 years$5,049$4,466$3,943$3,475$3,058$2,343
13 years$4,613$4,036$3,523$3,068$2,666$1,990
14 years$4,239$3,669$3,165$2,723$2,337$1,698
15 years$3,916$3,352$2,858$2,429$2,058$1,454
16 years$3,633$3,075$2,591$2,175$1,819$1,250
17 years$3,384$2,832$2,358$1,954$1,613$1,077
18 years$3,162$2,617$2,152$1,761$1,434$930
19 years$2,965$2,425$1,970$1,591$1,278$805
20 years$2,787$2,254$1,808$1,441$1,142$698
21 years$2,626$2,099$1,663$1,308$1,022$606
22 years$2,480$1,960$1,533$1,189$916$527
23 years$2,348$1,833$1,416$1,083$822$458
24 years$2,226$1,717$1,309$988$739$399
25 years$2,114$1,611$1,212$902$665$348
26 years$2,011$1,515$1,125$825$599$304
27 years$1,916$1,425$1,044$755$540$265
28 years$1,828$1,343$971$692$487$231
29 years$1,746$1,267$903$634$440$202
30 years$1,669$1,197$841$582$398$177
31 years$1,598$1,131$784$535$359$154
32 years$1,531$1,070$732$491$325$135
33 years$1,468$1,014$683$452$294$118
34 years$1,410$961$639$416$266$103
35 years$1,354$911$597$383$241$90
36 years$1,302$865$558$352$219$79
37 years$1,253$821$523$325$198$69
38 years$1,207$781$489$299$180$61
39 years$1,163$742$459$276$163$53
40 years$1,121$706$430$255$148$47
41 years$1,082$672$403$235$134$41
42 years$1,044$640$378$217$122$36
43 years$1,008$610$355$200$110$31
44 years$974$581$333$185$100$27
45 years$942$555$313$171$91$24
46 years$911$529$294$158$83$21
47 years$882$505$276$146$75$18
48 years$853$482$259$135$68$16
49 years$826$460$244$124$62$14
50 years$801$440$229$115$56$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $820,000, adding $4,702 every year, while hoping to spend $33,235 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: 47/33/20 Blend
44$820,000$820,000$820,000$820,000
45$908,490$865,030$852,320$945,822
46$965,794$872,055$845,511$979,374
47$1,027,830$878,310$837,360$1,012,064
48$1,095,044$883,722$827,787$1,046,853
49$1,167,928$888,215$816,708$1,083,952
50$1,247,025$891,705$804,035$1,123,594
51$1,332,928$894,105$789,677$1,166,039
52$1,426,292$895,322$773,537$1,211,574
53$1,527,838$895,257$755,515$1,260,516
54$1,638,358$893,805$735,505$1,313,218
55$1,758,723$890,854$713,397$1,370,069
56$1,889,893$886,286$689,076$1,431,503
57$2,032,923$879,975$662,421$1,497,998
58$2,188,976$871,788$633,306$1,570,082
59$2,359,329$861,584$601,600$1,648,344
60$2,545,392$849,213$567,165$1,733,431
61$2,748,714$834,516$529,857$1,826,062
62$2,971,001$817,326$489,525$1,927,031
63$3,214,131$797,463$446,013$2,037,218
64$3,480,174$774,740$399,155$2,157,594
65$3,771,406$748,956$348,781$2,289,235
66$4,090,336$719,902$294,712$2,433,330
67$4,439,725$687,352$236,760$2,591,193
68$4,822,616$651,071$174,730$2,764,278
69$5,242,358$610,809$108,419$2,954,191
70$5,702,640$566,300$37,613$3,162,707
71$6,207,527$517,266$0$3,391,789
72$6,761,493$463,410$0$3,651,704
73$7,369,468$404,421$0$3,945,839
74$8,036,884$339,968$0$4,268,859
75$8,769,722$269,702$0$4,623,740
76$9,574,571$193,255$0$5,013,768
77$10,458,690$110,237$0$5,442,567
78$11,430,077$20,238$0$5,914,136
79$12,497,539$0$0$6,432,887
80$13,670,783$0$0$7,031,714
81$14,960,500$0$0$7,698,169
82$16,378,470$0$0$8,431,002
83$17,937,672$0$0$9,236,935
84$19,652,402$0$0$10,123,371
85$21,538,416$0$0$11,098,468
86$23,613,069$0$0$12,171,214
87$25,895,485$0$0$13,351,512
88$28,406,735$0$0$14,650,274
89$31,170,035$0$0$16,079,522
90$34,210,964$0$0$17,652,503
91$37,557,709$0$0$19,383,814
92$41,241,323$0$0$21,289,537
93$45,296,028$0$0$23,387,395
94$49,759,527$0$0$25,696,913
95$54,673,367$0$0$28,239,607
96$60,083,327$0$0$31,039,188
97$66,039,852$0$0$34,121,779
98$72,598,524$0$0$37,516,166
99$79,820,594$0$0$41,254,071
100$87,773,551$0$0$45,370,447