Can I retire at age 45 with 822,000?

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 $822,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$67,880$67,275$66,685$66,110$65,547$63,121
2 years$33,604$32,978$32,372$31,783$31,213$28,796
3 years$22,180$21,552$20,947$20,364$19,803$17,471
4 years$16,469$15,843$15,244$14,671$14,124$11,895
5 years$13,044$12,421$11,830$11,269$10,737$8,617
6 years$10,761$10,143$9,560$9,012$8,495$6,486
7 years$9,131$8,518$7,945$7,409$6,909$5,009
8 years$7,909$7,301$6,738$6,215$5,732$3,940
9 years$6,959$6,357$5,803$5,294$4,827$3,141
10 years$6,199$5,603$5,059$4,564$4,113$2,530
11 years$5,578$4,988$4,454$3,972$3,537$2,053
12 years$5,061$4,477$3,953$3,484$3,065$1,677
13 years$4,624$4,046$3,532$3,076$2,673$1,376
14 years$4,249$3,678$3,173$2,730$2,343$1,134
15 years$3,925$3,360$2,865$2,435$2,063$937
16 years$3,642$3,083$2,598$2,180$1,823$776
17 years$3,392$2,839$2,364$1,959$1,617$645
18 years$3,170$2,623$2,158$1,765$1,437$536
19 years$2,972$2,431$1,975$1,595$1,281$447
20 years$2,794$2,259$1,813$1,445$1,144$372
21 years$2,633$2,104$1,667$1,311$1,024$311
22 years$2,487$1,964$1,537$1,192$918$260
23 years$2,353$1,837$1,419$1,086$824$217
24 years$2,231$1,721$1,312$990$741$182
25 years$2,119$1,615$1,215$904$666$152
26 years$2,016$1,518$1,127$827$600$127
27 years$1,921$1,429$1,047$757$541$107
28 years$1,832$1,346$973$693$488$89
29 years$1,750$1,270$906$636$441$75
30 years$1,673$1,200$843$584$398$63
31 years$1,602$1,134$786$536$360$53
32 years$1,535$1,073$734$493$326$44
33 years$1,472$1,016$685$453$295$37
34 years$1,413$963$640$417$267$31
35 years$1,358$913$598$384$242$26
36 years$1,306$867$560$353$219$22
37 years$1,256$823$524$326$199$18
38 years$1,210$783$491$300$180$15
39 years$1,166$744$460$277$163$13
40 years$1,124$708$431$255$148$11
41 years$1,084$674$404$235$134$9
42 years$1,047$642$379$217$122$8
43 years$1,011$612$356$201$111$6
44 years$977$583$334$185$100$5
45 years$944$556$313$171$91$4
46 years$913$530$294$158$83$4
47 years$884$506$277$146$75$3
48 years$855$483$260$135$68$3
49 years$828$461$244$125$62$2
50 years$803$441$230$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $822,000, adding $5,295 every year, while hoping to spend $48,614 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: 36/48/16 Blend
44$822,000$822,000$822,000$822,000
45$911,306$867,740$854,999$939,482
46$952,534$858,534$831,916$951,137
47$996,338$847,248$806,431$958,725
48$1,042,930$833,728$778,412$965,878
49$1,092,540$817,812$747,720$972,584
50$1,145,423$799,329$714,212$978,833
51$1,201,854$778,094$677,737$984,619
52$1,262,140$753,917$638,137$989,938
53$1,326,611$726,593$595,248$994,793
54$1,395,635$695,905$548,898$999,193
55$1,469,611$661,625$498,907$1,003,150
56$1,548,978$623,512$445,088$1,006,688
57$1,634,219$581,309$387,243$1,009,835
58$1,725,863$534,747$325,170$1,012,633
59$1,824,490$483,539$258,652$1,015,132
60$1,930,739$427,383$187,468$1,017,397
61$2,045,311$365,961$111,384$1,019,506
62$2,168,974$298,934$30,157$1,021,555
63$2,302,574$225,947$0$1,023,658
64$2,447,042$146,623$0$1,035,600
65$2,603,397$60,565$0$1,054,013
66$2,772,764$0$0$1,073,977
67$2,956,376$0$0$1,113,002
68$3,155,591$0$0$1,190,150
69$3,371,904$0$0$1,274,020
70$3,606,954$0$0$1,365,264
71$3,862,551$0$0$1,464,595
72$4,140,680$0$0$1,572,800
73$4,443,529$0$0$1,690,745
74$4,773,504$0$0$1,819,381
75$5,133,254$0$0$1,959,759
76$5,525,693$0$0$2,113,031
77$5,954,030$0$0$2,280,469
78$6,421,796$0$0$2,463,470
79$6,932,878$0$0$2,663,575
80$7,491,557$0$0$2,882,478
81$8,102,543$0$0$3,122,047
82$8,771,026$0$0$3,384,338
83$9,502,718$0$0$3,671,612
84$10,303,910$0$0$3,986,364
85$11,181,529$0$0$4,331,339
86$12,143,203$0$0$4,709,560
87$13,197,334$0$0$5,124,356
88$14,353,176$0$0$5,579,396
89$15,620,919$0$0$6,078,719
90$17,011,790$0$0$6,626,775
91$18,538,152$0$0$7,228,466
92$20,213,624$0$0$7,889,191
93$22,053,208$0$0$8,614,897
94$24,073,431$0$0$9,412,137
95$26,292,497$0$0$10,288,129
96$28,730,460$0$0$11,250,825
97$31,409,413$0$0$12,308,985
98$34,353,696$0$0$13,472,261
99$37,590,122$0$0$14,751,284
100$41,148,232$0$0$16,157,772