Can I retire at age 45 with 829,000?

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 $829,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$68,458$67,848$67,253$66,673$66,106$63,709
2 years$33,890$33,259$32,647$32,054$31,479$29,091
3 years$22,369$21,735$21,125$20,537$19,971$17,667
4 years$16,610$15,978$15,374$14,796$14,244$12,041
5 years$13,155$12,527$11,930$11,365$10,828$8,731
6 years$10,852$10,229$9,642$9,089$8,568$6,580
7 years$9,208$8,590$8,012$7,472$6,968$5,088
8 years$7,976$7,363$6,795$6,268$5,781$4,006
9 years$7,018$6,411$5,853$5,339$4,868$3,198
10 years$6,252$5,651$5,102$4,602$4,148$2,578
11 years$5,626$5,031$4,492$4,005$3,567$2,095
12 years$5,104$4,515$3,987$3,513$3,091$1,714
13 years$4,663$4,081$3,562$3,102$2,696$1,408
14 years$4,286$3,709$3,200$2,753$2,363$1,162
15 years$3,959$3,388$2,889$2,456$2,081$961
16 years$3,673$3,109$2,620$2,199$1,839$798
17 years$3,421$2,863$2,384$1,975$1,630$663
18 years$3,197$2,646$2,176$1,780$1,450$553
19 years$2,997$2,452$1,992$1,609$1,292$461
20 years$2,818$2,278$1,828$1,457$1,154$385
21 years$2,655$2,122$1,682$1,322$1,033$322
22 years$2,508$1,981$1,550$1,202$926$269
23 years$2,373$1,853$1,431$1,095$831$226
24 years$2,250$1,736$1,323$999$747$189
25 years$2,137$1,629$1,226$912$672$158
26 years$2,033$1,531$1,137$834$605$133
27 years$1,937$1,441$1,056$763$546$111
28 years$1,848$1,358$981$699$493$94
29 years$1,765$1,281$913$641$445$79
30 years$1,687$1,210$851$589$402$66
31 years$1,615$1,144$793$541$363$55
32 years$1,548$1,082$740$497$329$46
33 years$1,485$1,025$691$457$297$39
34 years$1,425$971$646$420$269$33
35 years$1,369$921$604$387$244$28
36 years$1,317$874$565$356$221$23
37 years$1,267$830$528$328$200$19
38 years$1,220$789$495$303$182$16
39 years$1,176$750$464$279$165$14
40 years$1,133$714$435$257$149$12
41 years$1,093$680$407$237$136$10
42 years$1,055$647$382$219$123$8
43 years$1,019$617$359$202$112$7
44 years$985$588$337$187$101$6
45 years$952$561$316$173$92$5
46 years$921$535$297$159$83$4
47 years$891$510$279$147$76$3
48 years$863$487$262$136$69$3
49 years$835$465$246$126$63$2
50 years$809$444$232$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $829,000, adding $3,067 every year, while hoping to spend $40,611 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: 58/12/30 Blend
44$829,000$829,000$829,000$829,000
45$916,722$872,785$859,935$962,183
46$967,017$872,341$845,533$993,291
47$1,021,082$870,515$829,288$1,022,683
48$1,079,258$867,195$811,094$1,053,913
49$1,141,919$862,265$790,842$1,087,173
50$1,209,478$855,599$768,419$1,122,674
51$1,282,387$847,066$743,703$1,160,653
52$1,361,143$836,525$716,570$1,201,371
53$1,446,293$823,828$686,888$1,245,117
54$1,538,437$808,817$654,521$1,292,214
55$1,638,235$791,327$619,325$1,343,018
56$1,746,414$771,180$581,151$1,397,924
57$1,863,770$748,191$539,842$1,457,371
58$1,991,183$722,160$495,235$1,521,845
59$2,129,616$692,879$447,158$1,591,882
60$2,280,133$660,126$395,434$1,668,080
61$2,443,902$623,667$339,876$1,751,097
62$2,622,207$583,254$280,289$1,841,663
63$2,816,464$538,626$216,471$1,940,588
64$3,028,230$489,504$148,208$2,048,764
65$3,259,216$435,597$75,281$2,167,183
66$3,511,310$376,595$0$2,296,939
67$3,786,586$312,171$0$2,440,058
68$4,087,330$241,979$0$2,622,832
69$4,416,057$165,655$0$2,822,700
70$4,775,536$82,813$0$3,041,384
71$5,168,817$0$0$3,280,781
72$5,599,257$0$0$3,543,899
73$6,070,553$0$0$3,844,033
74$6,586,777$0$0$4,172,848
75$7,152,412$0$0$4,533,209
76$7,772,397$0$0$4,928,271
77$8,452,168$0$0$5,361,508
78$9,197,716$0$0$5,836,748
79$10,015,639$0$0$6,358,206
80$10,913,201$0$0$6,930,526
81$11,898,408$0$0$7,558,821
82$12,980,076$0$0$8,248,725
83$14,167,917$0$0$9,006,446
84$15,472,629$0$0$9,838,818
85$16,906,000$0$0$10,753,375
86$18,481,011$0$0$11,758,413
87$20,211,968$0$0$12,863,074
88$22,114,628$0$0$14,077,426
89$24,206,352$0$0$15,412,566
90$26,506,267$0$0$16,880,716
91$29,035,445$0$0$18,495,343
92$31,817,105$0$0$20,271,285
93$34,876,824$0$0$22,224,890
94$38,242,788$0$0$24,374,170
95$41,946,049$0$0$26,738,970
96$46,020,822$0$0$29,341,156
97$50,504,804$0$0$32,204,823
98$55,439,532$0$0$35,356,515
99$60,870,775$0$0$38,825,484
100$66,848,961$0$0$42,643,961