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%19.2%
1 years$68,210$67,603$67,010$66,431$65,866$63,429
2 years$33,767$33,139$32,529$31,938$31,365$28,936
3 years$22,288$21,656$21,048$20,463$19,899$17,556
4 years$16,549$15,920$15,318$14,743$14,192$11,953
5 years$13,107$12,481$11,887$11,324$10,789$8,659
6 years$10,813$10,192$9,607$9,056$8,537$6,518
7 years$9,175$8,559$7,983$7,445$6,943$5,034
8 years$7,947$7,337$6,770$6,246$5,760$3,959
9 years$6,993$6,388$5,831$5,320$4,850$3,156
10 years$6,229$5,631$5,084$4,586$4,133$2,542
11 years$5,605$5,013$4,476$3,991$3,554$2,063
12 years$5,086$4,499$3,972$3,501$3,080$1,685
13 years$4,646$4,066$3,549$3,091$2,686$1,383
14 years$4,270$3,696$3,189$2,743$2,354$1,139
15 years$3,944$3,376$2,879$2,447$2,073$941
16 years$3,659$3,098$2,610$2,191$1,832$780
17 years$3,408$2,853$2,375$1,968$1,625$648
18 years$3,186$2,636$2,168$1,774$1,444$539
19 years$2,986$2,443$1,985$1,603$1,287$449
20 years$2,807$2,270$1,822$1,452$1,150$374
21 years$2,646$2,115$1,676$1,317$1,029$312
22 years$2,499$1,974$1,544$1,198$922$261
23 years$2,365$1,846$1,426$1,091$828$218
24 years$2,242$1,730$1,319$995$744$183
25 years$2,130$1,623$1,221$909$670$153
26 years$2,026$1,526$1,133$831$603$128
27 years$1,930$1,436$1,052$761$544$107
28 years$1,841$1,353$978$697$491$90
29 years$1,758$1,276$910$639$443$75
30 years$1,681$1,205$848$586$400$63
31 years$1,610$1,139$790$539$362$53
32 years$1,542$1,078$737$495$327$44
33 years$1,479$1,021$688$455$296$37
34 years$1,420$968$643$419$268$31
35 years$1,364$918$601$386$243$26
36 years$1,312$871$563$355$220$22
37 years$1,262$827$527$327$200$18
38 years$1,216$786$493$302$181$15
39 years$1,171$748$462$278$164$13
40 years$1,129$711$433$256$149$11
41 years$1,089$677$406$237$135$9
42 years$1,052$645$381$218$123$8
43 years$1,016$615$357$202$111$6
44 years$981$586$335$186$101$5
45 years$949$559$315$172$92$5
46 years$918$533$296$159$83$4
47 years$888$508$278$147$76$3
48 years$860$485$261$136$69$3
49 years$832$464$245$125$62$2
50 years$806$443$231$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $826,000, adding $6,449 every year, while hoping to spend $49,401 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: 62/14/24 Blend
44$826,000$826,000$826,000$826,000
45$916,904$873,126$860,323$967,568
46$957,866$863,347$836,582$992,857
47$1,001,350$851,433$810,389$1,014,450
48$1,047,562$837,227$781,611$1,036,933
49$1,096,726$820,564$750,108$1,060,400
50$1,149,088$801,267$715,732$1,084,956
51$1,204,915$779,150$678,330$1,110,721
52$1,264,504$754,016$637,741$1,137,827
53$1,328,177$725,656$593,799$1,166,422
54$1,396,287$693,849$546,327$1,196,672
55$1,469,222$658,361$495,143$1,228,763
56$1,547,408$618,946$440,055$1,262,901
57$1,631,311$575,342$380,865$1,299,318
58$1,721,443$527,272$317,362$1,338,272
59$1,818,367$474,445$249,330$1,380,049
60$1,922,699$416,551$176,541$1,424,969
61$2,035,116$353,265$98,758$1,473,389
62$2,156,364$284,241$15,732$1,525,706
63$2,287,260$209,115$0$1,582,361
64$2,428,702$127,503$0$1,662,504
65$2,581,677$38,998$0$1,753,534
66$2,747,271$0$0$1,852,094
67$2,926,677$0$0$1,967,688
68$3,121,207$0$0$2,099,593
69$3,332,302$0$0$2,242,784
70$3,561,551$0$0$2,398,346
71$3,810,698$0$0$2,567,469
72$4,081,663$0$0$2,751,464
73$4,376,558$0$0$2,951,774
74$4,697,706$0$0$3,169,984
75$5,047,667$0$0$3,407,841
76$5,429,253$0$0$3,667,266
77$5,845,563$0$0$3,950,376
78$6,300,006$0$0$4,259,498
79$6,796,335$0$0$4,597,195
80$7,338,683$0$0$4,966,289
81$7,931,597$0$0$5,369,886
82$8,580,086$0$0$5,811,407
83$9,289,664$0$0$6,294,618
84$10,066,403$0$0$6,823,664
85$10,916,989$0$0$7,403,114
86$11,848,785$0$0$8,037,997
87$12,869,899$0$0$8,733,849
88$13,989,262$0$0$9,496,772
89$15,216,709$0$0$10,333,484
90$16,563,072$0$0$11,251,383
91$18,040,284$0$0$12,258,620
92$19,661,486$0$0$13,364,173
93$21,441,156$0$0$14,577,930
94$23,395,239$0$0$15,910,785
95$25,541,301$0$0$17,374,737
96$27,898,694$0$0$18,983,005
97$30,488,735$0$0$20,750,151
98$33,334,908$0$0$22,692,220
99$36,463,084$0$0$24,826,884
100$39,901,767$0$0$27,173,616