Can I retire at age 45 with 826,000?

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 $826,000?

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$68,210$67,603$67,010$66,431$65,866$64,015
2 years$33,767$33,139$32,529$31,938$31,365$29,513
3 years$22,288$21,656$21,048$20,463$19,899$18,106
4 years$16,549$15,920$15,318$14,743$14,192$12,471
5 years$13,107$12,481$11,887$11,324$10,789$9,144
6 years$10,813$10,192$9,607$9,056$8,537$6,970
7 years$9,175$8,559$7,983$7,445$6,943$5,455
8 years$7,947$7,337$6,770$6,246$5,760$4,349
9 years$6,993$6,388$5,831$5,320$4,850$3,516
10 years$6,229$5,631$5,084$4,586$4,133$2,873
11 years$5,605$5,013$4,476$3,991$3,554$2,367
12 years$5,086$4,499$3,972$3,501$3,080$1,962
13 years$4,646$4,066$3,549$3,091$2,686$1,636
14 years$4,270$3,696$3,189$2,743$2,354$1,369
15 years$3,944$3,376$2,879$2,447$2,073$1,150
16 years$3,659$3,098$2,610$2,191$1,832$969
17 years$3,408$2,853$2,375$1,968$1,625$818
18 years$3,186$2,636$2,168$1,774$1,444$693
19 years$2,986$2,443$1,985$1,603$1,287$587
20 years$2,807$2,270$1,822$1,452$1,150$498
21 years$2,646$2,115$1,676$1,317$1,029$423
22 years$2,499$1,974$1,544$1,198$922$360
23 years$2,365$1,846$1,426$1,091$828$307
24 years$2,242$1,730$1,319$995$744$261
25 years$2,130$1,623$1,221$909$670$223
26 years$2,026$1,526$1,133$831$603$190
27 years$1,930$1,436$1,052$761$544$162
28 years$1,841$1,353$978$697$491$138
29 years$1,758$1,276$910$639$443$118
30 years$1,681$1,205$848$586$400$101
31 years$1,610$1,139$790$539$362$86
32 years$1,542$1,078$737$495$327$74
33 years$1,479$1,021$688$455$296$63
34 years$1,420$968$643$419$268$54
35 years$1,364$918$601$386$243$46
36 years$1,312$871$563$355$220$39
37 years$1,262$827$527$327$200$34
38 years$1,216$786$493$302$181$29
39 years$1,171$748$462$278$164$25
40 years$1,129$711$433$256$149$21
41 years$1,089$677$406$237$135$18
42 years$1,052$645$381$218$123$15
43 years$1,016$615$357$202$111$13
44 years$981$586$335$186$101$11
45 years$949$559$315$172$92$10
46 years$918$533$296$159$83$8
47 years$888$508$278$147$76$7
48 years$860$485$261$136$69$6
49 years$832$464$245$125$62$5
50 years$806$443$231$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $826,000, adding $2,971 every year, while hoping to spend $22,275 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: 51/36/13 Blend
44$826,000$826,000$826,000$826,000
45$913,317$869,539$856,736$956,555
46$982,774$888,446$861,736$1,005,384
47$1,058,570$907,532$866,157$1,055,840
48$1,141,328$926,784$869,956$1,110,189
49$1,231,732$946,185$873,088$1,168,804
50$1,330,537$965,718$875,506$1,232,097
51$1,438,576$985,362$877,159$1,300,520
52$1,556,763$1,005,097$877,997$1,374,573
53$1,686,106$1,024,900$877,962$1,454,807
54$1,827,715$1,044,745$877,000$1,541,827
55$1,982,810$1,064,606$875,048$1,636,303
56$2,152,738$1,084,454$872,044$1,738,971
57$2,338,981$1,104,256$867,921$1,850,642
58$2,543,171$1,123,978$862,610$1,972,213
59$2,767,105$1,143,583$856,037$2,104,669
60$3,012,763$1,163,032$848,128$2,249,098
61$3,282,325$1,182,281$838,801$2,406,699
62$3,578,194$1,201,285$827,972$2,578,793
63$3,903,016$1,219,993$815,555$2,766,837
64$4,259,704$1,238,354$801,457$2,972,436
65$4,651,470$1,256,309$785,582$3,197,361
66$5,081,850$1,273,798$767,829$3,443,562
67$5,554,740$1,290,757$748,093$3,713,191
68$6,074,434$1,307,114$726,265$4,008,620
69$6,645,659$1,322,795$702,227$4,332,462
70$7,273,626$1,337,722$675,862$4,687,599
71$7,964,074$1,351,808$647,041$5,077,208
72$8,723,327$1,364,964$615,634$5,504,791
73$9,558,351$1,377,092$581,502$5,974,210
74$10,476,822$1,388,089$544,503$6,489,719
75$11,487,199$1,397,846$504,484$7,056,010
76$12,598,799$1,406,247$461,290$7,678,257
77$13,821,889$1,413,165$414,756$8,362,159
78$15,167,782$1,418,471$364,711$9,114,002
79$16,648,942$1,422,022$310,974$9,940,713
80$18,279,103$1,423,669$253,361$10,849,931
81$20,073,397$1,423,255$191,674$11,850,075
82$22,048,498$1,420,609$125,710$12,950,423
83$24,222,780$1,415,554$55,256$14,161,207
84$26,616,486$1,407,899$0$15,493,702
85$29,251,925$1,397,443$0$16,963,104
86$32,153,676$1,383,972$0$18,588,707
87$35,348,824$1,367,260$0$20,377,978
88$38,867,214$1,347,066$0$22,347,597
89$42,741,734$1,323,136$0$24,515,952
90$47,008,622$1,295,201$0$26,903,308
91$51,707,811$1,262,975$0$29,532,000
92$56,883,302$1,226,155$0$32,426,643
93$62,583,584$1,184,422$0$35,614,368
94$68,862,088$1,137,437$0$39,125,075
95$75,777,691$1,084,842$0$42,991,721
96$83,395,273$1,026,257$0$47,250,624
97$91,786,329$961,281$0$51,941,816
98$101,029,641$889,491$0$57,109,412
99$111,212,026$810,438$0$62,802,037
100$122,429,152$723,648$0$69,073,277