Can I retire at age 45 with 821,000?

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 $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%17.2%
1 years$67,797$67,194$66,604$66,029$65,468$63,550
2 years$33,563$32,938$32,332$31,745$31,175$29,259
3 years$22,153$21,525$20,921$20,339$19,779$17,924
4 years$16,449$15,823$15,225$14,653$14,106$12,327
5 years$13,028$12,406$11,815$11,255$10,723$9,024
6 years$10,748$10,130$9,549$9,001$8,485$6,868
7 years$9,120$8,507$7,935$7,400$6,901$5,365
8 years$7,899$7,292$6,729$6,208$5,725$4,270
9 years$6,950$6,349$5,796$5,288$4,821$3,446
10 years$6,192$5,597$5,053$4,558$4,108$2,810
11 years$5,571$4,982$4,449$3,967$3,533$2,311
12 years$5,055$4,472$3,948$3,479$3,061$1,912
13 years$4,618$4,041$3,527$3,072$2,670$1,591
14 years$4,244$3,673$3,169$2,727$2,340$1,329
15 years$3,920$3,356$2,862$2,432$2,061$1,114
16 years$3,637$3,079$2,594$2,177$1,821$936
17 years$3,388$2,835$2,361$1,956$1,615$789
18 years$3,166$2,620$2,155$1,763$1,436$666
19 years$2,968$2,428$1,973$1,593$1,280$563
20 years$2,790$2,256$1,811$1,443$1,143$477
21 years$2,630$2,102$1,665$1,310$1,023$405
22 years$2,484$1,962$1,535$1,191$917$343
23 years$2,350$1,835$1,417$1,084$823$292
24 years$2,229$1,719$1,311$989$740$248
25 years$2,117$1,613$1,214$903$666$211
26 years$2,014$1,516$1,126$826$600$179
27 years$1,918$1,427$1,045$756$541$153
28 years$1,830$1,345$972$693$488$130
29 years$1,748$1,269$904$635$440$111
30 years$1,671$1,198$842$583$398$94
31 years$1,600$1,133$785$535$360$80
32 years$1,533$1,072$733$492$325$68
33 years$1,470$1,015$684$452$295$58
34 years$1,411$962$639$416$267$50
35 years$1,356$912$598$383$242$42
36 years$1,304$866$559$353$219$36
37 years$1,255$822$523$325$198$31
38 years$1,208$782$490$300$180$26
39 years$1,164$743$459$276$163$22
40 years$1,122$707$430$255$148$19
41 years$1,083$673$404$235$134$16
42 years$1,045$641$379$217$122$14
43 years$1,009$611$355$200$111$12
44 years$975$582$333$185$100$10
45 years$943$555$313$171$91$9
46 years$912$530$294$158$83$7
47 years$883$505$276$146$75$6
48 years$854$482$260$135$68$5
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 $5,559 every year, while hoping to spend $43,005 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: 58/21/21 Blend
44$821,000$821,000$821,000$821,000
45$910,476$866,963$854,238$957,884
46$957,588$863,687$837,098$987,493
47$1,008,063$858,810$817,942$1,014,633
48$1,062,201$852,206$796,658$1,043,275
49$1,120,326$843,746$773,127$1,073,573
50$1,182,799$833,289$747,227$1,105,699
51$1,250,012$820,688$718,826$1,139,845
52$1,322,398$805,786$687,792$1,176,221
53$1,400,432$788,418$653,981$1,215,065
54$1,484,633$768,408$617,247$1,256,640
55$1,575,576$745,570$577,435$1,301,237
56$1,673,890$719,708$534,385$1,349,181
57$1,780,266$690,614$487,926$1,400,830
58$1,895,466$658,066$437,884$1,456,585
59$2,020,324$621,832$384,074$1,516,889
60$2,155,761$581,666$326,304$1,582,234
61$2,302,788$537,306$264,374$1,653,164
62$2,462,516$488,478$198,075$1,730,286
63$2,636,169$434,890$127,186$1,814,269
64$2,825,092$376,234$51,481$1,905,856
65$3,030,767$312,185$0$2,005,871
66$3,254,822$242,399$0$2,121,792
67$3,499,051$166,513$0$2,260,800
68$3,765,427$84,145$0$2,412,523
69$4,056,122$0$0$2,578,260
70$4,373,525$0$0$2,760,626
71$4,720,270$0$0$2,981,157
72$5,099,254$0$0$3,222,258
73$5,513,665$0$0$3,485,969
74$5,967,016$0$0$3,774,531
75$6,463,174$0$0$4,090,416
76$7,006,398$0$0$4,436,344
77$7,601,375$0$0$4,815,311
78$8,253,271$0$0$5,230,617
79$8,967,771$0$0$5,685,894
80$9,751,139$0$0$6,185,144
81$10,610,274$0$0$6,732,775
82$11,552,773$0$0$7,333,643
83$12,587,004$0$0$7,993,094
84$13,722,186$0$0$8,717,018
85$14,968,473$0$0$9,511,905
86$16,337,050$0$0$10,384,901
87$17,840,238$0$0$11,343,881
88$19,491,611$0$0$12,397,517
89$21,306,121$0$0$13,555,366
90$23,300,242$0$0$14,827,955
91$25,492,122$0$0$16,226,881
92$27,901,754$0$0$17,764,922
93$30,551,166$0$0$19,456,154
94$33,464,625$0$0$21,316,086
95$36,668,871$0$0$23,361,807
96$40,193,361$0$0$25,612,143
97$44,070,555$0$0$28,087,838
98$48,336,212$0$0$30,811,746
99$53,029,735$0$0$33,809,049
100$58,194,540$0$0$37,107,495