Can I retire at age 45 with 828,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18%
1 years$68,375$67,766$67,172$66,592$66,026$63,887
2 years$33,849$33,219$32,608$32,015$31,441$29,306
3 years$22,342$21,709$21,099$20,513$19,947$17,883
4 years$16,590$15,958$15,355$14,778$14,227$12,250
5 years$13,139$12,512$11,916$11,351$10,815$8,930
6 years$10,839$10,217$9,630$9,078$8,557$6,766
7 years$9,197$8,580$8,003$7,463$6,959$5,262
8 years$7,966$7,355$6,787$6,261$5,774$4,168
9 years$7,010$6,403$5,845$5,333$4,862$3,347
10 years$6,244$5,644$5,096$4,597$4,143$2,716
11 years$5,619$5,025$4,487$4,001$3,563$2,222
12 years$5,098$4,510$3,982$3,509$3,088$1,829
13 years$4,658$4,076$3,557$3,098$2,692$1,513
14 years$4,280$3,705$3,196$2,750$2,360$1,257
15 years$3,954$3,384$2,886$2,453$2,078$1,048
16 years$3,668$3,105$2,617$2,196$1,837$876
17 years$3,417$2,860$2,381$1,973$1,628$734
18 years$3,193$2,642$2,173$1,778$1,448$616
19 years$2,994$2,449$1,990$1,607$1,291$518
20 years$2,814$2,276$1,826$1,455$1,153$436
21 years$2,652$2,120$1,680$1,321$1,032$367
22 years$2,505$1,979$1,548$1,201$925$310
23 years$2,370$1,851$1,429$1,094$830$261
24 years$2,248$1,734$1,322$997$746$221
25 years$2,135$1,627$1,224$911$671$186
26 years$2,031$1,529$1,136$833$605$158
27 years$1,935$1,439$1,054$762$545$133
28 years$1,845$1,356$980$698$492$113
29 years$1,763$1,279$912$641$444$95
30 years$1,685$1,208$850$588$401$81
31 years$1,613$1,142$792$540$363$68
32 years$1,546$1,081$739$496$328$58
33 years$1,483$1,024$690$456$297$49
34 years$1,423$970$645$420$269$42
35 years$1,368$920$603$386$244$35
36 years$1,315$873$564$356$221$30
37 years$1,265$829$528$328$200$25
38 years$1,218$788$494$302$181$21
39 years$1,174$750$463$279$164$18
40 years$1,132$713$434$257$149$15
41 years$1,092$679$407$237$135$13
42 years$1,054$647$382$219$123$11
43 years$1,018$616$358$202$111$9
44 years$984$587$336$187$101$8
45 years$951$560$316$172$92$7
46 years$920$534$297$159$83$6
47 years$890$510$279$147$76$5
48 years$862$487$262$136$69$4
49 years$834$465$246$126$62$3
50 years$808$444$231$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $828,000, adding $2,304 every year, while hoping to spend $52,317 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: 51/21/28 Blend
44$828,000$828,000$828,000$828,000
45$914,833$870,949$858,115$954,166
46$952,481$857,960$831,197$968,835
47$992,215$842,582$801,623$979,347
48$1,034,194$824,641$769,251$989,750
49$1,078,589$803,956$733,928$1,000,056
50$1,125,588$780,333$695,497$1,010,284
51$1,175,396$753,567$653,794$1,020,455
52$1,228,237$723,442$608,647$1,030,598
53$1,284,356$689,729$559,875$1,040,749
54$1,344,020$652,186$507,290$1,050,950
55$1,407,522$610,555$450,697$1,061,253
56$1,475,184$564,567$389,890$1,071,719
57$1,547,356$513,934$324,654$1,082,421
58$1,624,423$458,354$254,767$1,093,444
59$1,706,807$397,506$179,995$1,104,886
60$1,794,971$331,053$100,094$1,116,863
61$1,889,420$258,636$14,809$1,129,507
62$1,990,710$179,880$0$1,142,970
63$2,099,453$94,384$0$1,180,196
64$2,216,316$1,727$0$1,224,817
65$2,342,035$0$0$1,272,720
66$2,477,416$0$0$1,347,024
67$2,623,346$0$0$1,427,612
68$2,780,798$0$0$1,514,629
69$2,950,841$0$0$1,608,677
70$3,134,649$0$0$1,710,414
71$3,333,515$0$0$1,820,564
72$3,548,858$0$0$1,939,924
73$3,782,239$0$0$2,069,368
74$4,035,373$0$0$2,209,861
75$4,310,149$0$0$2,362,460
76$4,608,642$0$0$2,528,331
77$4,933,134$0$0$2,708,755
78$5,286,140$0$0$2,905,143
79$5,670,421$0$0$3,119,044
80$6,089,019$0$0$3,352,168
81$6,545,281$0$0$3,606,392
82$7,042,890$0$0$3,883,784
83$7,585,899$0$0$4,186,621
84$8,178,772$0$0$4,517,408
85$8,826,420$0$0$4,878,903
86$9,534,250$0$0$5,274,144
87$10,308,217$0$0$5,706,473
88$11,154,874$0$0$6,179,573
89$12,081,440$0$0$6,697,496
90$13,095,862$0$0$7,264,707
91$14,206,891$0$0$7,886,122
92$15,424,166$0$0$8,567,154
93$16,758,300$0$0$9,313,766
94$18,220,984$0$0$10,132,524
95$19,825,091$0$0$11,030,661
96$21,584,803$0$0$12,016,144
97$23,515,737$0$0$13,097,747
98$25,635,100$0$0$14,285,136
99$27,961,842$0$0$15,588,959
100$30,516,838$0$0$17,020,944