Can I retire at age 45 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$68,293$67,685$67,091$66,512$65,946$65,448
2 years$33,808$33,179$32,568$31,977$31,403$30,901
3 years$22,315$21,683$21,074$20,488$19,923$19,433
4 years$16,569$15,939$15,336$14,760$14,209$13,734
5 years$13,123$12,496$11,902$11,337$10,802$10,343
6 years$10,826$10,204$9,618$9,067$8,547$8,106
7 years$9,186$8,570$7,993$7,454$6,951$6,527
8 years$7,957$7,346$6,779$6,253$5,767$5,360
9 years$7,001$6,396$5,838$5,326$4,856$4,467
10 years$6,237$5,638$5,090$4,591$4,138$3,766
11 years$5,612$5,019$4,481$3,996$3,559$3,203
12 years$5,092$4,505$3,977$3,505$3,084$2,745
13 years$4,652$4,071$3,553$3,094$2,689$2,367
14 years$4,275$3,700$3,193$2,747$2,357$2,051
15 years$3,949$3,380$2,882$2,450$2,076$1,784
16 years$3,664$3,101$2,613$2,193$1,834$1,558
17 years$3,413$2,856$2,378$1,971$1,627$1,364
18 years$3,189$2,639$2,171$1,776$1,446$1,198
19 years$2,990$2,446$1,987$1,605$1,289$1,054
20 years$2,811$2,273$1,824$1,453$1,151$930
21 years$2,649$2,117$1,678$1,319$1,030$821
22 years$2,502$1,976$1,546$1,199$924$726
23 years$2,368$1,848$1,428$1,092$829$643
24 years$2,245$1,732$1,320$996$745$570
25 years$2,132$1,625$1,223$910$671$506
26 years$2,028$1,527$1,134$832$604$450
27 years$1,932$1,438$1,053$761$545$400
28 years$1,843$1,355$979$698$491$356
29 years$1,760$1,278$911$640$444$317
30 years$1,683$1,207$849$587$401$282
31 years$1,611$1,141$791$539$362$251
32 years$1,544$1,079$738$496$328$224
33 years$1,481$1,022$689$456$297$200
34 years$1,422$969$644$419$269$178
35 years$1,366$919$602$386$243$159
36 years$1,313$872$563$355$220$142
37 years$1,264$828$527$328$200$127
38 years$1,217$787$494$302$181$113
39 years$1,173$749$463$278$164$101
40 years$1,131$712$434$257$149$90
41 years$1,091$678$406$237$135$81
42 years$1,053$646$381$219$123$72
43 years$1,017$615$358$202$111$64
44 years$983$586$336$186$101$57
45 years$950$559$315$172$92$51
46 years$919$533$296$159$83$46
47 years$889$509$278$147$76$41
48 years$861$486$261$136$69$37
49 years$833$464$246$125$62$33
50 years$807$443$231$116$57$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $827,000, adding $5,166 every year, while hoping to spend $21,053 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: 42/41/17 Blend
44$827,000$827,000$827,000$827,000
45$916,683$872,852$860,033$950,420
46$987,784$893,221$866,444$995,119
47$1,065,432$913,883$872,364$1,041,032
48$1,150,273$934,830$877,755$1,090,306
49$1,243,016$956,052$882,575$1,143,257
50$1,344,445$977,540$886,782$1,200,236
51$1,455,421$999,282$890,332$1,261,630
52$1,576,892$1,021,265$893,177$1,327,863
53$1,709,903$1,043,475$895,266$1,399,404
54$1,855,605$1,065,897$896,550$1,476,770
55$2,015,265$1,088,514$896,972$1,560,529
56$2,190,276$1,111,306$896,475$1,651,311
57$2,382,177$1,134,252$894,999$1,749,806
58$2,592,659$1,157,330$892,482$1,856,777
59$2,823,586$1,180,516$888,856$1,973,065
60$3,077,012$1,203,781$884,053$2,099,595
61$3,355,199$1,227,098$878,000$2,237,391
62$3,660,636$1,250,433$870,620$2,387,576
63$3,996,070$1,273,753$861,834$2,551,394
64$4,364,522$1,297,019$851,559$2,730,211
65$4,769,323$1,320,193$839,706$2,925,539
66$5,214,142$1,343,231$826,184$3,139,038
67$5,703,020$1,366,085$810,897$3,372,544
68$6,240,410$1,388,705$793,744$3,628,078
69$6,831,219$1,411,038$774,621$3,907,869
70$7,480,850$1,433,026$753,418$4,214,374
71$8,195,257$1,454,605$730,018$4,550,302
72$8,981,003$1,475,710$704,303$4,918,641
73$9,845,314$1,496,268$676,146$5,322,682
74$10,796,154$1,516,204$645,415$5,766,056
75$11,842,299$1,535,435$611,973$6,252,764
76$12,993,416$1,553,874$575,677$6,787,219
77$14,260,158$1,571,427$536,376$7,374,285
78$15,654,261$1,587,995$493,912$8,019,324
79$17,188,660$1,603,471$448,122$8,728,247
80$18,877,604$1,617,741$398,835$9,507,571
81$20,736,795$1,630,686$345,871$10,364,479
82$22,783,535$1,642,175$289,044$11,306,893
83$25,036,886$1,652,073$228,158$12,343,541
84$27,517,856$1,660,233$163,009$13,484,049
85$30,249,593$1,666,499$93,385$14,739,026
86$33,257,601$1,670,708$19,064$16,120,167
87$36,569,987$1,672,683$0$17,640,365
88$40,217,719$1,672,238$0$19,324,759
89$44,234,925$1,669,175$0$21,182,487
90$48,659,207$1,663,285$0$23,227,402
91$53,532,005$1,654,345$0$25,478,587
92$58,898,979$1,642,117$0$27,957,073
93$64,810,446$1,626,352$0$30,686,041
94$71,321,851$1,606,783$0$33,691,039
95$78,494,293$1,583,128$0$37,000,224
96$86,395,099$1,555,089$0$40,644,628
97$95,098,460$1,522,350$0$44,658,454
98$104,686,132$1,484,574$0$49,079,398
99$115,248,207$1,441,408$0$53,949,005
100$126,883,963$1,392,476$0$59,313,062