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%15.6%
1 years$68,210$67,603$67,010$66,431$65,866$64,353
2 years$33,767$33,139$32,529$31,938$31,365$29,848
3 years$22,288$21,656$21,048$20,463$19,899$18,427
4 years$16,549$15,920$15,318$14,743$14,192$12,776
5 years$13,107$12,481$11,887$11,324$10,789$9,432
6 years$10,813$10,192$9,607$9,056$8,537$7,241
7 years$9,175$8,559$7,983$7,445$6,943$5,708
8 years$7,947$7,337$6,770$6,246$5,760$4,586
9 years$6,993$6,388$5,831$5,320$4,850$3,737
10 years$6,229$5,631$5,084$4,586$4,133$3,078
11 years$5,605$5,013$4,476$3,991$3,554$2,557
12 years$5,086$4,499$3,972$3,501$3,080$2,138
13 years$4,646$4,066$3,549$3,091$2,686$1,798
14 years$4,270$3,696$3,189$2,743$2,354$1,519
15 years$3,944$3,376$2,879$2,447$2,073$1,287
16 years$3,659$3,098$2,610$2,191$1,832$1,095
17 years$3,408$2,853$2,375$1,968$1,625$933
18 years$3,186$2,636$2,168$1,774$1,444$797
19 years$2,986$2,443$1,985$1,603$1,287$682
20 years$2,807$2,270$1,822$1,452$1,150$585
21 years$2,646$2,115$1,676$1,317$1,029$502
22 years$2,499$1,974$1,544$1,198$922$431
23 years$2,365$1,846$1,426$1,091$828$371
24 years$2,242$1,730$1,319$995$744$319
25 years$2,130$1,623$1,221$909$670$275
26 years$2,026$1,526$1,133$831$603$237
27 years$1,930$1,436$1,052$761$544$204
28 years$1,841$1,353$978$697$491$176
29 years$1,758$1,276$910$639$443$152
30 years$1,681$1,205$848$586$400$131
31 years$1,610$1,139$790$539$362$113
32 years$1,542$1,078$737$495$327$98
33 years$1,479$1,021$688$455$296$85
34 years$1,420$968$643$419$268$73
35 years$1,364$918$601$386$243$63
36 years$1,312$871$563$355$220$55
37 years$1,262$827$527$327$200$47
38 years$1,216$786$493$302$181$41
39 years$1,171$748$462$278$164$35
40 years$1,129$711$433$256$149$31
41 years$1,089$677$406$237$135$26
42 years$1,052$645$381$218$123$23
43 years$1,016$615$357$202$111$20
44 years$981$586$335$186$101$17
45 years$949$559$315$172$92$15
46 years$918$533$296$159$83$13
47 years$888$508$278$147$76$11
48 years$860$485$261$136$69$10
49 years$832$464$245$125$62$8
50 years$806$443$231$116$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $826,000, adding $2,063 every year, while hoping to spend $57,678 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: 51/27/22 Blend
44$826,000$826,000$826,000$826,000
45$912,380$868,602$855,799$953,218
46$944,074$849,795$823,099$962,880
47$977,067$828,132$787,371$967,305
48$1,011,432$803,415$748,452$970,914
49$1,047,245$775,429$706,172$973,651
50$1,084,590$743,951$660,354$975,460
51$1,123,555$708,741$610,813$976,282
52$1,164,237$669,549$557,355$976,055
53$1,206,740$626,108$499,778$974,717
54$1,251,177$578,137$437,870$972,202
55$1,297,669$525,338$371,410$968,446
56$1,346,348$467,395$300,169$963,381
57$1,397,355$403,978$223,904$956,938
58$1,450,847$334,734$142,366$949,048
59$1,506,990$259,292$55,292$939,639
60$1,565,966$177,261$0$928,642
61$1,627,974$88,226$0$924,820
62$1,693,228$0$0$933,693
63$1,761,963$0$0$944,720
64$1,834,434$0$0$984,015
65$1,910,918$0$0$1,025,522
66$1,991,719$0$0$1,069,407
67$2,077,168$0$0$1,115,857
68$2,167,624$0$0$1,165,071
69$2,263,482$0$0$1,217,270
70$2,365,173$0$0$1,272,694
71$2,473,167$0$0$1,331,607
72$2,587,979$0$0$1,394,295
73$2,710,172$0$0$1,461,073
74$2,840,362$0$0$1,532,287
75$2,979,225$0$0$1,608,313
76$3,127,500$0$0$1,689,566
77$3,285,998$0$0$1,776,498
78$3,455,607$0$0$1,869,607
79$3,637,300$0$0$1,969,438
80$3,832,146$0$0$2,076,589
81$4,041,318$0$0$2,191,718
82$4,266,102$0$0$2,315,544
83$4,507,909$0$0$2,448,858
84$4,768,291$0$0$2,592,531
85$5,048,950$0$0$2,747,515
86$5,351,756$0$0$2,914,861
87$5,678,765$0$0$3,095,719
88$6,032,234$0$0$3,291,356
89$6,414,646$0$0$3,503,164
90$6,828,728$0$0$3,732,673
91$7,277,479$0$0$3,981,567
92$7,764,198$0$0$4,251,694
93$8,292,511$0$0$4,545,091
94$8,866,408$0$0$4,863,995
95$9,490,277$0$0$5,210,870
96$10,168,944$0$0$5,588,424
97$10,907,721$0$0$5,999,640
98$11,712,451$0$0$6,447,797
99$12,589,567$0$0$6,936,506
100$13,546,146$0$0$7,469,741