Can I retire at age 45 with 828,000?

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 $828,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$68,375$67,766$67,172$66,592$66,026$65,093
2 years$33,849$33,219$32,608$32,015$31,441$30,503
3 years$22,342$21,709$21,099$20,513$19,947$19,033
4 years$16,590$15,958$15,355$14,778$14,227$13,344
5 years$13,139$12,512$11,916$11,351$10,815$9,965
6 years$10,839$10,217$9,630$9,078$8,557$7,743
7 years$9,197$8,580$8,003$7,463$6,959$6,179
8 years$7,966$7,355$6,787$6,261$5,774$5,028
9 years$7,010$6,403$5,845$5,333$4,862$4,151
10 years$6,244$5,644$5,096$4,597$4,143$3,466
11 years$5,619$5,025$4,487$4,001$3,563$2,919
12 years$5,098$4,510$3,982$3,509$3,088$2,476
13 years$4,658$4,076$3,557$3,098$2,692$2,113
14 years$4,280$3,705$3,196$2,750$2,360$1,811
15 years$3,954$3,384$2,886$2,453$2,078$1,559
16 years$3,668$3,105$2,617$2,196$1,837$1,346
17 years$3,417$2,860$2,381$1,973$1,628$1,166
18 years$3,193$2,642$2,173$1,778$1,448$1,012
19 years$2,994$2,449$1,990$1,607$1,291$881
20 years$2,814$2,276$1,826$1,455$1,153$767
21 years$2,652$2,120$1,680$1,321$1,032$670
22 years$2,505$1,979$1,548$1,201$925$585
23 years$2,370$1,851$1,429$1,094$830$512
24 years$2,248$1,734$1,322$997$746$448
25 years$2,135$1,627$1,224$911$671$393
26 years$2,031$1,529$1,136$833$605$345
27 years$1,935$1,439$1,054$762$545$303
28 years$1,845$1,356$980$698$492$266
29 years$1,763$1,279$912$641$444$234
30 years$1,685$1,208$850$588$401$205
31 years$1,613$1,142$792$540$363$181
32 years$1,546$1,081$739$496$328$159
33 years$1,483$1,024$690$456$297$140
34 years$1,423$970$645$420$269$123
35 years$1,368$920$603$386$244$108
36 years$1,315$873$564$356$221$95
37 years$1,265$829$528$328$200$84
38 years$1,218$788$494$302$181$74
39 years$1,174$750$463$279$164$65
40 years$1,132$713$434$257$149$57
41 years$1,092$679$407$237$135$51
42 years$1,054$647$382$219$123$45
43 years$1,018$616$358$202$111$39
44 years$984$587$336$187$101$35
45 years$951$560$316$172$92$31
46 years$920$534$297$159$83$27
47 years$890$510$279$147$76$24
48 years$862$487$262$136$69$21
49 years$834$465$246$126$62$18
50 years$808$444$231$116$57$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $828,000, adding $3,624 every year, while hoping to spend $23,680 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: 68/7/25 Blend
44$828,000$828,000$828,000$828,000
45$916,194$872,310$859,476$972,377
46$984,451$889,858$863,073$1,028,092
47$1,058,876$907,472$865,997$1,085,976
48$1,140,073$925,131$868,201$1,148,755
49$1,228,709$942,810$869,633$1,216,911
50$1,325,514$960,484$870,243$1,290,979
51$1,431,295$978,127$869,974$1,371,546
52$1,546,938$995,706$868,770$1,459,260
53$1,673,422$1,013,192$866,569$1,554,835
54$1,811,820$1,030,548$863,309$1,659,057
55$1,963,318$1,047,737$858,922$1,772,795
56$2,129,220$1,064,719$853,339$1,897,005
57$2,310,961$1,081,451$846,487$2,032,741
58$2,510,124$1,097,887$838,289$2,181,164
59$2,728,450$1,113,977$828,665$2,343,557
60$2,967,857$1,129,667$817,531$2,521,331
61$3,230,459$1,144,901$804,798$2,716,043
62$3,518,582$1,159,617$790,375$2,929,408
63$3,834,790$1,173,752$774,166$3,163,317
64$4,181,907$1,187,234$756,069$3,419,856
65$4,563,043$1,199,989$735,978$3,701,322
66$4,981,624$1,211,939$713,784$4,010,249
67$5,441,424$1,222,999$689,370$4,349,429
68$5,946,602$1,233,079$662,617$4,721,940
69$6,501,738$1,242,082$633,397$5,131,175
70$7,111,877$1,249,906$601,578$5,580,875
71$7,782,581$1,256,444$567,023$6,075,160
72$8,519,973$1,261,578$529,587$6,618,577
73$9,330,801$1,265,187$489,119$7,216,133
74$10,222,500$1,267,138$445,462$7,873,349
75$11,203,262$1,267,294$398,452$8,596,310
76$12,282,110$1,265,507$347,915$9,391,726
77$13,468,988$1,261,620$293,673$10,266,988
78$14,774,851$1,255,466$235,538$11,230,246
79$16,211,772$1,246,870$173,315$12,290,482
80$17,793,050$1,235,644$106,798$13,457,598
81$19,533,341$1,221,590$35,775$14,742,504
82$21,448,791$1,204,497$0$16,157,229
83$23,557,193$1,184,143$0$17,725,704
84$25,878,152$1,160,291$0$19,462,743
85$28,433,269$1,132,691$0$21,374,962
86$31,246,348$1,101,079$0$23,480,178
87$34,343,617$1,065,173$0$25,798,025
88$37,753,978$1,024,677$0$28,350,137
89$41,509,275$979,278$0$31,160,356
90$45,644,600$928,642$0$34,254,951
91$50,198,623$872,419$0$37,662,875
92$55,213,951$810,236$0$41,416,027
93$60,737,537$741,701$0$45,549,563
94$66,821,120$666,399$0$50,102,223
95$73,521,711$583,889$0$55,116,697
96$80,902,135$493,709$0$60,640,026
97$89,031,621$395,369$0$66,724,053
98$97,986,454$288,349$0$73,425,905
99$107,850,699$172,105$0$80,808,534
100$118,716,990$46,058$0$88,941,314