Can I retire at age 45 with 821,000?

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 $821,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$67,797$67,194$66,604$66,029$65,468$63,627
2 years$33,563$32,938$32,332$31,745$31,175$29,335
3 years$22,153$21,525$20,921$20,339$19,779$17,996
4 years$16,449$15,823$15,225$14,653$14,106$12,396
5 years$13,028$12,406$11,815$11,255$10,723$9,089
6 years$10,748$10,130$9,549$9,001$8,485$6,928
7 years$9,120$8,507$7,935$7,400$6,901$5,422
8 years$7,899$7,292$6,729$6,208$5,725$4,323
9 years$6,950$6,349$5,796$5,288$4,821$3,495
10 years$6,192$5,597$5,053$4,558$4,108$2,855
11 years$5,571$4,982$4,449$3,967$3,533$2,352
12 years$5,055$4,472$3,948$3,479$3,061$1,951
13 years$4,618$4,041$3,527$3,072$2,670$1,626
14 years$4,244$3,673$3,169$2,727$2,340$1,361
15 years$3,920$3,356$2,862$2,432$2,061$1,143
16 years$3,637$3,079$2,594$2,177$1,821$963
17 years$3,388$2,835$2,361$1,956$1,615$813
18 years$3,166$2,620$2,155$1,763$1,436$688
19 years$2,968$2,428$1,973$1,593$1,280$583
20 years$2,790$2,256$1,811$1,443$1,143$495
21 years$2,630$2,102$1,665$1,310$1,023$421
22 years$2,484$1,962$1,535$1,191$917$358
23 years$2,350$1,835$1,417$1,084$823$305
24 years$2,229$1,719$1,311$989$740$260
25 years$2,117$1,613$1,214$903$666$221
26 years$2,014$1,516$1,126$826$600$189
27 years$1,918$1,427$1,045$756$541$161
28 years$1,830$1,345$972$693$488$137
29 years$1,748$1,269$904$635$440$117
30 years$1,671$1,198$842$583$398$100
31 years$1,600$1,133$785$535$360$86
32 years$1,533$1,072$733$492$325$73
33 years$1,470$1,015$684$452$295$63
34 years$1,411$962$639$416$267$53
35 years$1,356$912$598$383$242$46
36 years$1,304$866$559$353$219$39
37 years$1,255$822$523$325$198$33
38 years$1,208$782$490$300$180$29
39 years$1,164$743$459$276$163$24
40 years$1,122$707$430$255$148$21
41 years$1,083$673$404$235$134$18
42 years$1,045$641$379$217$122$15
43 years$1,009$611$355$200$111$13
44 years$975$582$333$185$100$11
45 years$943$555$313$171$91$10
46 years$912$530$294$158$83$8
47 years$883$505$276$146$75$7
48 years$854$482$260$135$68$6
49 years$827$461$244$125$62$5
50 years$802$440$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 $821,000, adding $6,184 every year, while hoping to spend $27,886 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: 52/20/28 Blend
44$821,000$821,000$821,000$821,000
45$911,121$867,608$854,882$951,058
46$974,385$880,450$853,850$992,310
47$1,043,167$892,987$851,849$1,033,843
48$1,118,001$905,174$848,817$1,078,475
49$1,199,473$916,964$844,689$1,126,513
50$1,288,230$928,306$839,397$1,178,296
51$1,384,982$939,146$832,869$1,234,201
52$1,490,511$949,425$825,031$1,294,641
53$1,605,679$959,082$815,805$1,360,074
54$1,731,432$968,051$805,109$1,431,006
55$1,868,815$976,262$792,856$1,507,995
56$2,018,975$983,640$778,958$1,591,658
57$2,183,177$990,105$763,319$1,682,675
58$2,362,812$995,572$745,842$1,781,798
59$2,559,415$999,950$726,424$1,889,856
60$2,774,672$1,003,145$704,956$2,007,766
61$3,010,443$1,005,053$681,326$2,136,539
62$3,268,774$1,005,567$655,416$2,277,290
63$3,551,920$1,004,570$627,104$2,431,253
64$3,862,363$1,001,942$596,259$2,599,786
65$4,202,838$997,551$562,748$2,784,391
66$4,576,357$991,260$526,429$2,986,724
67$4,986,237$982,923$487,156$3,208,613
68$5,436,131$972,385$444,774$3,452,075
69$5,930,066$959,481$399,124$3,719,336
70$6,472,475$944,038$350,037$4,012,851
71$7,068,243$925,871$297,338$4,335,330
72$7,722,749$904,784$240,844$4,689,763
73$8,441,922$880,571$180,364$5,079,447
74$9,232,290$853,012$115,699$5,508,021
75$10,101,050$821,875$46,641$5,979,499
76$11,056,125$786,915$0$6,498,308
77$12,106,248$747,872$0$7,077,416
78$13,261,039$704,472$0$7,729,521
79$14,531,098$656,423$0$8,446,687
80$15,928,101$603,419$0$9,235,541
81$17,464,916$545,136$0$10,103,387
82$19,155,719$481,229$0$11,058,276
83$21,016,129$411,336$0$12,109,083
84$23,063,357$335,074$0$13,265,587
85$25,316,365$252,038$0$14,538,570
86$27,796,047$161,801$0$15,939,915
87$30,525,425$63,910$0$17,482,718
88$33,529,866$0$0$19,181,416
89$36,837,322$0$0$21,061,187
90$40,478,592$0$0$23,146,266
91$44,487,613$0$0$25,442,034
92$48,901,780$0$0$27,969,917
93$53,762,300$0$0$30,753,528
94$59,114,578$0$0$33,818,883
95$65,008,648$0$0$37,194,652
96$71,499,640$0$0$40,912,426
97$78,648,306$0$0$45,007,017
98$86,521,592$0$0$49,516,784
99$95,193,264$0$0$54,483,997
100$104,744,611$0$0$59,955,236