Can I retire at age 45 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$68,128$67,521$66,929$66,351$65,787$65,345
2 years$33,727$33,098$32,490$31,899$31,327$30,881
3 years$22,261$21,630$21,023$20,438$19,875$19,439
4 years$16,529$15,900$15,299$14,725$14,175$13,753
5 years$13,091$12,466$11,873$11,310$10,776$10,368
6 years$10,800$10,180$9,595$9,045$8,526$8,134
7 years$9,164$8,549$7,974$7,436$6,934$6,557
8 years$7,938$7,328$6,762$6,238$5,753$5,391
9 years$6,984$6,380$5,824$5,313$4,845$4,498
10 years$6,222$5,624$5,078$4,580$4,128$3,796
11 years$5,599$5,007$4,470$3,986$3,550$3,233
12 years$5,080$4,494$3,967$3,496$3,076$2,774
13 years$4,641$4,061$3,545$3,087$2,683$2,395
14 years$4,265$3,691$3,185$2,740$2,352$2,078
15 years$3,940$3,372$2,875$2,444$2,071$1,810
16 years$3,655$3,094$2,607$2,188$1,830$1,583
17 years$3,404$2,849$2,372$1,966$1,623$1,388
18 years$3,182$2,633$2,166$1,772$1,443$1,221
19 years$2,983$2,440$1,982$1,601$1,286$1,076
20 years$2,804$2,267$1,819$1,450$1,149$950
21 years$2,642$2,112$1,674$1,316$1,028$840
22 years$2,496$1,972$1,542$1,196$921$744
23 years$2,362$1,844$1,424$1,090$827$660
24 years$2,239$1,728$1,317$994$743$586
25 years$2,127$1,621$1,220$908$669$521
26 years$2,023$1,524$1,131$830$603$464
27 years$1,928$1,434$1,051$760$543$413
28 years$1,839$1,351$977$696$490$368
29 years$1,756$1,275$909$638$443$328
30 years$1,679$1,204$847$586$400$293
31 years$1,608$1,138$789$538$362$261
32 years$1,540$1,077$736$494$327$233
33 years$1,477$1,020$688$455$296$208
34 years$1,418$967$642$418$268$186
35 years$1,363$917$601$385$243$166
36 years$1,310$870$562$355$220$149
37 years$1,261$826$526$327$199$133
38 years$1,214$785$492$301$181$119
39 years$1,170$747$461$278$164$106
40 years$1,128$711$432$256$149$95
41 years$1,088$676$406$236$135$85
42 years$1,050$644$380$218$122$76
43 years$1,014$614$357$201$111$68
44 years$980$585$335$186$101$61
45 years$948$558$315$172$92$55
46 years$917$532$295$159$83$49
47 years$887$508$278$147$75$44
48 years$859$485$261$135$69$39
49 years$831$463$245$125$62$35
50 years$805$442$231$116$57$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $825,000, adding $2,012 every year, while hoping to spend $27,753 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: 58/36/6 Blend
44$825,000$825,000$825,000$825,000
45$911,225$867,500$854,713$962,859
46$974,641$880,479$853,817$1,010,728
47$1,043,596$893,163$851,961$1,059,549
48$1,118,624$905,510$849,083$1,112,064
49$1,200,315$917,471$845,119$1,168,627
50$1,289,318$928,998$840,001$1,229,631
51$1,386,346$940,037$833,659$1,295,505
52$1,492,185$950,530$826,018$1,366,728
53$1,607,700$960,418$817,001$1,443,823
54$1,733,840$969,634$806,526$1,527,369
55$1,871,656$978,109$794,508$1,618,005
56$2,022,298$985,770$780,858$1,716,433
57$2,187,038$992,539$765,482$1,823,430
58$2,367,273$998,330$748,283$1,939,853
59$2,564,543$1,003,056$729,158$2,066,645
60$2,780,541$1,006,621$708,000$2,204,847
61$3,017,136$1,008,925$684,697$2,355,607
62$3,276,382$1,009,861$659,133$2,520,192
63$3,560,544$1,009,314$631,185$2,699,997
64$3,872,114$1,007,165$600,724$2,896,564
65$4,213,839$1,003,286$567,617$3,111,591
66$4,588,743$997,539$531,725$3,346,951
67$5,000,157$989,781$492,900$3,604,710
68$5,451,752$979,859$450,991$3,887,146
69$5,947,569$967,610$405,838$4,196,772
70$6,492,061$952,863$357,273$4,536,358
71$7,090,133$935,436$305,124$4,908,962
72$7,747,189$915,135$249,208$5,317,951
73$8,469,182$891,755$189,336$5,767,042
74$9,262,669$865,081$125,309$6,260,333
75$10,134,874$834,884$56,920$6,802,342
76$11,093,758$800,920$0$7,398,052
77$12,148,090$762,934$0$8,053,985
78$13,307,531$720,653$0$8,779,127
79$14,582,725$673,791$0$9,576,526
80$15,985,401$622,045$0$10,453,562
81$17,528,480$565,093$0$11,418,374
82$19,226,198$502,596$0$12,479,933
83$21,094,244$434,196$0$13,648,129
84$23,149,899$359,514$0$14,933,868
85$25,412,208$278,150$0$16,349,171
86$27,902,155$189,681$0$17,907,288
87$30,642,861$93,662$0$19,622,831
88$33,659,801$0$0$21,511,903
89$36,981,047$0$0$23,596,373
90$40,637,531$0$0$25,932,177
91$44,663,335$0$0$28,503,997
92$49,096,016$0$0$31,335,834
93$53,976,956$0$0$34,454,137
94$59,351,756$0$0$37,888,053
95$65,270,664$0$0$41,669,695
96$71,789,049$0$0$45,834,452
97$78,967,924$0$0$50,421,319
98$86,874,521$0$0$55,473,267
99$95,582,924$0$0$61,037,646
100$105,174,771$0$0$67,166,634