Can I retire at age 45 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$68,541$67,930$67,334$66,753$66,185$65,768
2 years$33,931$33,299$32,687$32,093$31,517$31,096
3 years$22,396$21,761$21,150$20,562$19,996$19,584
4 years$16,630$15,997$15,392$14,814$14,261$13,862
5 years$13,171$12,542$11,945$11,378$10,841$10,456
6 years$10,865$10,241$9,653$9,099$8,578$8,207
7 years$9,220$8,601$8,022$7,481$6,976$6,620
8 years$7,986$7,372$6,803$6,276$5,788$5,446
9 years$7,026$6,419$5,860$5,346$4,874$4,546
10 years$6,260$5,658$5,109$4,608$4,153$3,839
11 years$5,633$5,037$4,497$4,010$3,572$3,272
12 years$5,110$4,521$3,991$3,518$3,095$2,809
13 years$4,669$4,086$3,566$3,105$2,699$2,427
14 years$4,291$3,714$3,204$2,757$2,366$2,107
15 years$3,963$3,393$2,893$2,458$2,083$1,837
16 years$3,677$3,113$2,623$2,201$1,841$1,607
17 years$3,425$2,867$2,387$1,978$1,632$1,410
18 years$3,201$2,649$2,179$1,782$1,451$1,241
19 years$3,001$2,455$1,995$1,611$1,294$1,094
20 years$2,821$2,281$1,830$1,459$1,156$967
21 years$2,658$2,125$1,684$1,324$1,034$856
22 years$2,511$1,983$1,552$1,204$927$759
23 years$2,376$1,855$1,433$1,096$832$674
24 years$2,253$1,738$1,325$1,000$748$599
25 years$2,140$1,631$1,227$913$673$533
26 years$2,036$1,533$1,138$835$606$474
27 years$1,939$1,443$1,057$764$547$423
28 years$1,850$1,359$983$700$493$377
29 years$1,767$1,283$914$642$445$336
30 years$1,690$1,211$852$589$402$300
31 years$1,617$1,145$794$541$364$268
32 years$1,550$1,083$741$497$329$240
33 years$1,486$1,026$692$457$298$214
34 years$1,427$972$646$421$270$192
35 years$1,371$922$604$387$244$171
36 years$1,318$875$565$357$221$153
37 years$1,268$831$529$329$201$137
38 years$1,221$790$495$303$182$123
39 years$1,177$751$464$279$165$110
40 years$1,135$715$435$258$150$98
41 years$1,095$680$408$238$136$88
42 years$1,057$648$383$219$123$79
43 years$1,021$617$359$203$112$71
44 years$986$589$337$187$101$63
45 years$953$561$317$173$92$57
46 years$922$535$297$160$84$51
47 years$892$511$279$147$76$46
48 years$864$488$262$136$69$41
49 years$836$466$247$126$63$37
50 years$810$445$232$116$57$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $830,000, adding $4,527 every year, while hoping to spend $45,732 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: 69/13/18 Blend
44$830,000$830,000$830,000$830,000
45$919,330$875,340$862,475$978,470
46$964,443$869,573$842,709$1,012,724
47$1,012,625$861,991$820,749$1,044,368
48$1,064,140$852,456$796,471$1,077,854
49$1,119,279$840,823$769,750$1,113,358
50$1,178,361$826,938$740,451$1,151,077
51$1,241,733$810,638$708,436$1,191,229
52$1,309,779$791,749$673,558$1,234,055
53$1,382,920$770,088$635,666$1,279,819
54$1,461,617$745,461$594,600$1,328,819
55$1,546,377$717,663$550,194$1,381,379
56$1,637,756$686,477$502,274$1,437,862
57$1,736,365$651,673$450,658$1,498,668
58$1,842,877$613,008$395,158$1,564,238
59$1,958,029$570,224$335,574$1,635,062
60$2,082,633$523,049$271,701$1,711,683
61$2,217,580$471,197$203,321$1,794,698
62$2,363,851$414,364$130,211$1,884,771
63$2,522,524$352,228$52,133$1,982,633
64$2,694,785$284,451$0$2,089,095
65$2,881,938$210,674$0$2,211,041
66$3,085,418$130,519$0$2,354,547
67$3,306,803$43,587$0$2,510,734
68$3,547,829$0$0$2,680,865
69$3,810,407$0$0$2,873,563
70$4,096,640$0$0$3,090,459
71$4,408,842$0$0$3,327,078
72$4,749,561$0$0$3,585,357
73$5,121,600$0$0$3,867,425
74$5,528,047$0$0$4,175,630
75$5,972,298$0$0$4,512,555
76$6,458,095$0$0$4,881,042
77$6,989,556$0$0$5,284,224
78$7,571,219$0$0$5,725,548
79$8,208,075$0$0$6,208,810
80$8,905,626$0$0$6,738,191
81$9,669,927$0$0$7,318,296
82$10,507,648$0$0$7,954,196
83$11,426,136$0$0$8,651,474
84$12,433,481$0$0$9,416,282
85$13,538,595$0$0$10,255,394
86$14,751,292$0$0$11,176,274
87$16,082,384$0$0$12,187,140
88$17,543,782$0$0$13,297,048
89$19,148,604$0$0$14,515,971
90$20,911,301$0$0$15,854,897
91$22,847,794$0$0$17,325,930
92$24,975,620$0$0$18,942,403
93$27,314,101$0$0$20,719,008
94$29,884,523$0$0$22,671,928
95$32,710,336$0$0$24,818,992
96$35,817,376$0$0$27,179,845
97$39,234,108$0$0$29,776,127
98$42,991,892$0$0$32,631,685
99$47,125,281$0$0$35,772,789
100$51,672,345$0$0$39,228,385