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%18.6%
1 years$68,375$67,766$67,172$66,592$66,026$63,734
2 years$33,849$33,219$32,608$32,015$31,441$29,156
3 years$22,342$21,709$21,099$20,513$19,947$17,740
4 years$16,590$15,958$15,355$14,778$14,227$12,115
5 years$13,139$12,512$11,916$11,351$10,815$8,804
6 years$10,839$10,217$9,630$9,078$8,557$6,649
7 years$9,197$8,580$8,003$7,463$6,959$5,153
8 years$7,966$7,355$6,787$6,261$5,774$4,067
9 years$7,010$6,403$5,845$5,333$4,862$3,254
10 years$6,244$5,644$5,096$4,597$4,143$2,631
11 years$5,619$5,025$4,487$4,001$3,563$2,144
12 years$5,098$4,510$3,982$3,509$3,088$1,758
13 years$4,658$4,076$3,557$3,098$2,692$1,448
14 years$4,280$3,705$3,196$2,750$2,360$1,198
15 years$3,954$3,384$2,886$2,453$2,078$994
16 years$3,668$3,105$2,617$2,196$1,837$828
17 years$3,417$2,860$2,381$1,973$1,628$690
18 years$3,193$2,642$2,173$1,778$1,448$577
19 years$2,994$2,449$1,990$1,607$1,291$483
20 years$2,814$2,276$1,826$1,455$1,153$404
21 years$2,652$2,120$1,680$1,321$1,032$339
22 years$2,505$1,979$1,548$1,201$925$285
23 years$2,370$1,851$1,429$1,094$830$239
24 years$2,248$1,734$1,322$997$746$201
25 years$2,135$1,627$1,224$911$671$169
26 years$2,031$1,529$1,136$833$605$142
27 years$1,935$1,439$1,054$762$545$120
28 years$1,845$1,356$980$698$492$101
29 years$1,763$1,279$912$641$444$85
30 years$1,685$1,208$850$588$401$71
31 years$1,613$1,142$792$540$363$60
32 years$1,546$1,081$739$496$328$51
33 years$1,483$1,024$690$456$297$43
34 years$1,423$970$645$420$269$36
35 years$1,368$920$603$386$244$30
36 years$1,315$873$564$356$221$26
37 years$1,265$829$528$328$200$22
38 years$1,218$788$494$302$181$18
39 years$1,174$750$463$279$164$15
40 years$1,132$713$434$257$149$13
41 years$1,092$679$407$237$135$11
42 years$1,054$647$382$219$123$9
43 years$1,018$616$358$202$111$8
44 years$984$587$336$187$101$7
45 years$951$560$316$172$92$5
46 years$920$534$297$159$83$5
47 years$890$510$279$147$76$4
48 years$862$487$262$136$69$3
49 years$834$465$246$126$62$3
50 years$808$444$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 $828,000, adding $6,529 every year, while hoping to spend $52,847 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: 64/21/15 Blend
44$828,000$828,000$828,000$828,000
45$919,191$875,307$862,473$974,270
46$956,719$861,968$835,137$998,637
47$996,305$846,204$805,114$1,018,571
48$1,038,101$827,841$772,258$1,039,058
49$1,082,275$806,694$736,417$1,060,151
50$1,129,012$782,567$697,432$1,081,911
51$1,178,511$755,252$655,135$1,104,409
52$1,230,990$724,530$609,353$1,127,723
53$1,286,688$690,170$559,904$1,151,943
54$1,345,868$651,925$506,598$1,177,169
55$1,408,813$609,536$449,236$1,203,516
56$1,475,837$562,729$387,611$1,231,111
57$1,547,283$511,213$321,506$1,260,099
58$1,623,525$454,681$250,695$1,290,640
59$1,704,974$392,810$174,943$1,322,918
60$1,792,079$325,256$94,001$1,357,137
61$1,885,335$251,657$7,615$1,393,523
62$1,985,283$171,632$0$1,432,335
63$2,092,517$84,777$0$1,487,395
64$2,207,687$0$0$1,547,667
65$2,331,509$0$0$1,614,493
66$2,464,768$0$0$1,707,538
67$2,608,327$0$0$1,807,816
68$2,763,131$0$0$1,915,995
69$2,930,220$0$0$2,032,807
70$3,110,739$0$0$2,159,057
71$3,305,941$0$0$2,295,631
72$3,517,209$0$0$2,443,500
73$3,746,058$0$0$2,603,734
74$3,994,159$0$0$2,777,508
75$4,263,344$0$0$2,966,116
76$4,555,633$0$0$3,170,978
77$4,873,244$0$0$3,393,659
78$5,218,619$0$0$3,635,880
79$5,594,443$0$0$3,899,533
80$6,003,673$0$0$4,186,702
81$6,449,560$0$0$4,499,679
82$6,935,683$0$0$4,840,986
83$7,465,982$0$0$5,213,400
84$8,044,790$0$0$5,619,978
85$8,676,882$0$0$6,064,083
86$9,367,509$0$0$6,549,419
87$10,122,457$0$0$7,080,064
88$10,948,092$0$0$7,660,506
89$11,851,426$0$0$8,295,689
90$12,840,179$0$0$8,991,056
91$13,922,852$0$0$9,752,600
92$15,108,807$0$0$10,586,923
93$16,408,352$0$0$11,501,292
94$17,832,842$0$0$12,503,714
95$19,394,781$0$0$13,603,005
96$21,107,942$0$0$14,808,877
97$22,987,495$0$0$16,132,027
98$25,050,148$0$0$17,584,236
99$27,314,306$0$0$19,178,483
100$29,800,244$0$0$20,929,064