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%12.6%
1 years$67,880$67,275$66,685$66,110$65,547$64,836
2 years$33,604$32,978$32,372$31,783$31,213$30,497
3 years$22,180$21,552$20,947$20,364$19,803$19,104
4 years$16,469$15,843$15,244$14,671$14,124$13,447
5 years$13,044$12,421$11,830$11,269$10,737$10,085
6 years$10,761$10,143$9,560$9,012$8,495$7,869
7 years$9,131$8,518$7,945$7,409$6,909$6,309
8 years$7,909$7,301$6,738$6,215$5,732$5,157
9 years$6,959$6,357$5,803$5,294$4,827$4,278
10 years$6,199$5,603$5,059$4,564$4,113$3,589
11 years$5,578$4,988$4,454$3,972$3,537$3,038
12 years$5,061$4,477$3,953$3,484$3,065$2,590
13 years$4,624$4,046$3,532$3,076$2,673$2,222
14 years$4,249$3,678$3,173$2,730$2,343$1,915
15 years$3,925$3,360$2,865$2,435$2,063$1,657
16 years$3,642$3,083$2,598$2,180$1,823$1,439
17 years$3,392$2,839$2,364$1,959$1,617$1,253
18 years$3,170$2,623$2,158$1,765$1,437$1,094
19 years$2,972$2,431$1,975$1,595$1,281$957
20 years$2,794$2,259$1,813$1,445$1,144$839
21 years$2,633$2,104$1,667$1,311$1,024$737
22 years$2,487$1,964$1,537$1,192$918$648
23 years$2,353$1,837$1,419$1,086$824$570
24 years$2,231$1,721$1,312$990$741$503
25 years$2,119$1,615$1,215$904$666$443
26 years$2,016$1,518$1,127$827$600$391
27 years$1,921$1,429$1,047$757$541$346
28 years$1,832$1,346$973$693$488$306
29 years$1,750$1,270$906$636$441$270
30 years$1,673$1,200$843$584$398$239
31 years$1,602$1,134$786$536$360$212
32 years$1,535$1,073$734$493$326$187
33 years$1,472$1,016$685$453$295$166
34 years$1,413$963$640$417$267$147
35 years$1,358$913$598$384$242$130
36 years$1,306$867$560$353$219$116
37 years$1,256$823$524$326$199$102
38 years$1,210$783$491$300$180$91
39 years$1,166$744$460$277$163$81
40 years$1,124$708$431$255$148$72
41 years$1,084$674$404$235$134$63
42 years$1,047$642$379$217$122$56
43 years$1,011$612$356$201$111$50
44 years$977$583$334$185$100$44
45 years$944$556$313$171$91$39
46 years$913$530$294$158$83$35
47 years$884$506$277$146$75$31
48 years$855$483$260$135$68$28
49 years$828$461$244$125$62$24
50 years$803$441$230$115$56$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $822,000, adding $4,927 every year, while hoping to spend $55,299 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: 61/34/5 Blend
44$822,000$822,000$822,000$822,000
45$910,926$867,360$854,619$965,449
46$945,003$851,023$824,411$986,117
47$980,702$832,032$791,338$1,001,782
48$1,018,131$810,199$755,245$1,017,444
49$1,057,405$785,324$715,971$1,033,102
50$1,098,652$757,196$673,347$1,048,758
51$1,142,007$725,591$627,197$1,064,414
52$1,187,620$690,274$577,336$1,080,078
53$1,235,654$650,993$523,573$1,095,759
54$1,286,284$607,485$465,706$1,111,471
55$1,339,703$559,470$403,526$1,127,234
56$1,396,121$506,652$336,812$1,143,071
57$1,455,765$448,719$265,335$1,159,013
58$1,518,887$385,339$188,858$1,175,097
59$1,585,758$316,166$107,129$1,191,371
60$1,656,677$240,829$19,889$1,207,890
61$1,731,967$158,939$0$1,224,718
62$1,811,987$70,086$0$1,245,841
63$1,897,124$0$0$1,268,831
64$1,987,805$0$0$1,302,538
65$2,084,496$0$0$1,366,474
66$2,187,709$0$0$1,434,760
67$2,298,003$0$0$1,507,773
68$2,415,992$0$0$1,585,922
69$2,542,350$0$0$1,669,660
70$2,677,813$0$0$1,759,482
71$2,823,193$0$0$1,855,930
72$2,979,376$0$0$1,959,601
73$3,147,340$0$0$2,071,148
74$3,328,153$0$0$2,191,292
75$3,522,993$0$0$2,320,819
76$3,733,151$0$0$2,460,598
77$3,960,045$0$0$2,611,581
78$4,205,236$0$0$2,774,813
79$4,470,435$0$0$2,951,447
80$4,757,527$0$0$3,142,745
81$5,068,583$0$0$3,350,099
82$5,405,878$0$0$3,575,037
83$5,771,917$0$0$3,819,241
84$6,169,453$0$0$4,084,558
85$6,601,515$0$0$4,373,025
86$7,071,435$0$0$4,686,878
87$7,582,878$0$0$5,028,580
88$8,139,879$0$0$5,400,841
89$8,746,875$0$0$5,806,641
90$9,408,752$0$0$6,249,262
91$10,130,886$0$0$6,732,317
92$10,919,195$0$0$7,259,781
93$11,780,192$0$0$7,836,031
94$12,721,049$0$0$8,465,884
95$13,749,660$0$0$9,154,645
96$14,874,719$0$0$9,908,155
97$16,105,795$0$0$10,732,845
98$17,453,427$0$0$11,635,795
99$18,929,220$0$0$12,624,806
100$20,545,954$0$0$13,708,463