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%18.5%
1 years$68,541$67,930$67,334$66,753$66,185$63,913
2 years$33,931$33,299$32,687$32,093$31,517$29,251
3 years$22,396$21,761$21,150$20,562$19,996$17,807
4 years$16,630$15,997$15,392$14,814$14,261$12,166
5 years$13,171$12,542$11,945$11,378$10,841$8,846
6 years$10,865$10,241$9,653$9,099$8,578$6,684
7 years$9,220$8,601$8,022$7,481$6,976$5,183
8 years$7,986$7,372$6,803$6,276$5,788$4,094
9 years$7,026$6,419$5,860$5,346$4,874$3,278
10 years$6,260$5,658$5,109$4,608$4,153$2,651
11 years$5,633$5,037$4,497$4,010$3,572$2,162
12 years$5,110$4,521$3,991$3,518$3,095$1,774
13 years$4,669$4,086$3,566$3,105$2,699$1,462
14 years$4,291$3,714$3,204$2,757$2,366$1,211
15 years$3,963$3,393$2,893$2,458$2,083$1,006
16 years$3,677$3,113$2,623$2,201$1,841$838
17 years$3,425$2,867$2,387$1,978$1,632$699
18 years$3,201$2,649$2,179$1,782$1,451$585
19 years$3,001$2,455$1,995$1,611$1,294$489
20 years$2,821$2,281$1,830$1,459$1,156$410
21 years$2,658$2,125$1,684$1,324$1,034$344
22 years$2,511$1,983$1,552$1,204$927$289
23 years$2,376$1,855$1,433$1,096$832$243
24 years$2,253$1,738$1,325$1,000$748$205
25 years$2,140$1,631$1,227$913$673$172
26 years$2,036$1,533$1,138$835$606$145
27 years$1,939$1,443$1,057$764$547$122
28 years$1,850$1,359$983$700$493$103
29 years$1,767$1,283$914$642$445$87
30 years$1,690$1,211$852$589$402$73
31 years$1,617$1,145$794$541$364$62
32 years$1,550$1,083$741$497$329$52
33 years$1,486$1,026$692$457$298$44
34 years$1,427$972$646$421$270$37
35 years$1,371$922$604$387$244$31
36 years$1,318$875$565$357$221$26
37 years$1,268$831$529$329$201$22
38 years$1,221$790$495$303$182$19
39 years$1,177$751$464$279$165$16
40 years$1,135$715$435$258$150$13
41 years$1,095$680$408$238$136$11
42 years$1,057$648$383$219$123$9
43 years$1,021$617$359$203$112$8
44 years$986$589$337$187$101$7
45 years$953$561$317$173$92$6
46 years$922$535$297$160$84$5
47 years$892$511$279$147$76$4
48 years$864$488$262$136$69$3
49 years$836$466$247$126$63$3
50 years$810$445$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 $830,000, adding $2,865 every year, while hoping to spend $49,685 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: 65/20/15 Blend
44$830,000$830,000$830,000$830,000
45$917,615$873,625$860,760$973,774
46$958,348$863,568$836,731$1,001,644
47$1,001,569$851,354$810,232$1,026,068
48$1,047,482$836,823$781,127$1,051,534
49$1,096,306$819,808$749,276$1,078,143
50$1,148,282$800,132$714,530$1,106,007
51$1,203,675$777,606$676,735$1,135,253
52$1,262,774$752,032$635,729$1,166,021
53$1,325,894$723,199$591,344$1,198,467
54$1,393,384$690,885$543,402$1,232,766
55$1,465,624$654,853$491,721$1,269,113
56$1,543,031$614,854$436,107$1,307,725
57$1,626,062$570,624$376,359$1,348,843
58$1,715,221$521,885$312,267$1,392,736
59$1,811,057$468,341$243,612$1,439,703
60$1,914,177$409,682$170,165$1,490,077
61$2,025,245$345,578$91,687$1,544,228
62$2,144,989$275,681$7,928$1,602,567
63$2,274,213$199,623$0$1,665,551
64$2,413,796$117,018$0$1,746,725
65$2,564,706$27,455$0$1,835,816
66$2,728,007$0$0$1,932,226
67$2,904,868$0$0$2,051,991
68$3,096,576$0$0$2,188,405
69$3,304,543$0$0$2,336,437
70$3,530,324$0$0$2,497,200
71$3,775,629$0$0$2,671,918
72$4,042,340$0$0$2,861,937
73$4,332,526$0$0$3,068,739
74$4,648,463$0$0$3,293,954
75$4,992,658$0$0$3,539,375
76$5,367,867$0$0$3,806,976
77$5,777,126$0$0$4,098,929
78$6,223,773$0$0$4,417,627
79$6,711,486$0$0$4,765,701
80$7,244,311$0$0$5,146,050
81$7,826,704$0$0$5,561,862
82$8,463,572$0$0$6,016,651
83$9,160,313$0$0$6,514,284
84$9,922,877$0$0$7,059,020
85$10,757,810$0$0$7,655,548
86$11,672,325$0$0$8,309,031
87$12,674,362$0$0$9,025,157
88$13,772,669$0$0$9,810,189
89$14,976,877$0$0$10,671,025
90$16,297,594$0$0$11,615,263
91$17,746,507$0$0$12,651,270
92$19,336,486$0$0$13,788,264
93$21,081,707$0$0$15,036,399
94$22,997,787$0$0$16,406,857
95$25,101,929$0$0$17,911,960
96$27,413,081$0$0$19,565,279
97$29,952,120$0$0$21,381,766
98$32,742,042$0$0$23,377,889
99$35,808,183$0$0$25,571,796
100$39,178,453$0$0$27,983,476