Can I retire at age 45 with 830,000?

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 $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%12.9%
1 years$68,541$67,930$67,334$66,753$66,185$65,385
2 years$33,931$33,299$32,687$32,093$31,517$30,712
3 years$22,396$21,761$21,150$20,562$19,996$19,210
4 years$16,630$15,997$15,392$14,814$14,261$13,502
5 years$13,171$12,542$11,945$11,378$10,841$10,110
6 years$10,865$10,241$9,653$9,099$8,578$7,876
7 years$9,220$8,601$8,022$7,481$6,976$6,304
8 years$7,986$7,372$6,803$6,276$5,788$5,144
9 years$7,026$6,419$5,860$5,346$4,874$4,260
10 years$6,260$5,658$5,109$4,608$4,153$3,567
11 years$5,633$5,037$4,497$4,010$3,572$3,014
12 years$5,110$4,521$3,991$3,518$3,095$2,565
13 years$4,669$4,086$3,566$3,105$2,699$2,195
14 years$4,291$3,714$3,204$2,757$2,366$1,888
15 years$3,963$3,393$2,893$2,458$2,083$1,631
16 years$3,677$3,113$2,623$2,201$1,841$1,413
17 years$3,425$2,867$2,387$1,978$1,632$1,228
18 years$3,201$2,649$2,179$1,782$1,451$1,070
19 years$3,001$2,455$1,995$1,611$1,294$934
20 years$2,821$2,281$1,830$1,459$1,156$817
21 years$2,658$2,125$1,684$1,324$1,034$716
22 years$2,511$1,983$1,552$1,204$927$628
23 years$2,376$1,855$1,433$1,096$832$552
24 years$2,253$1,738$1,325$1,000$748$485
25 years$2,140$1,631$1,227$913$673$427
26 years$2,036$1,533$1,138$835$606$376
27 years$1,939$1,443$1,057$764$547$331
28 years$1,850$1,359$983$700$493$292
29 years$1,767$1,283$914$642$445$258
30 years$1,690$1,211$852$589$402$227
31 years$1,617$1,145$794$541$364$201
32 years$1,550$1,083$741$497$329$177
33 years$1,486$1,026$692$457$298$157
34 years$1,427$972$646$421$270$139
35 years$1,371$922$604$387$244$122
36 years$1,318$875$565$357$221$108
37 years$1,268$831$529$329$201$96
38 years$1,221$790$495$303$182$85
39 years$1,177$751$464$279$165$75
40 years$1,135$715$435$258$150$66
41 years$1,095$680$408$238$136$59
42 years$1,057$648$383$219$123$52
43 years$1,021$617$359$203$112$46
44 years$986$589$337$187$101$41
45 years$953$561$317$173$92$36
46 years$922$535$297$160$84$32
47 years$892$511$279$147$76$28
48 years$864$488$262$136$69$25
49 years$836$466$247$126$63$22
50 years$810$445$232$116$57$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $830,000, adding $2,334 every year, while hoping to spend $35,729 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: 82/12/6 Blend
44$830,000$830,000$830,000$830,000
45$917,068$873,078$860,213$991,723
46$972,593$877,843$851,014$1,045,628
47$1,032,585$881,644$840,310$1,099,763
48$1,097,460$884,397$828,013$1,158,084
49$1,167,679$886,010$814,029$1,220,989
50$1,243,746$886,388$798,262$1,288,916
51$1,326,216$885,429$780,612$1,362,348
52$1,415,699$883,025$760,972$1,441,817
53$1,512,868$879,060$739,232$1,527,907
54$1,618,460$873,413$715,276$1,621,264
55$1,733,287$865,955$688,982$1,722,598
56$1,858,244$856,549$660,224$1,832,691
57$1,994,314$845,048$628,871$1,952,407
58$2,142,578$831,300$594,782$2,082,694
59$2,304,228$815,141$557,814$2,224,600
60$2,480,574$796,397$517,816$2,379,278
61$2,673,059$774,887$474,629$2,547,998
62$2,883,270$750,416$428,088$2,732,162
63$3,112,956$722,779$378,022$2,933,312
64$3,364,042$691,759$324,249$3,153,149
65$3,638,645$657,126$266,583$3,393,547
66$3,939,099$618,637$204,825$3,656,573
67$4,267,972$576,036$138,773$3,944,501
68$4,628,094$529,051$68,210$4,259,842
69$5,022,580$477,394$0$4,605,360
70$5,454,859$420,762$0$4,984,556
71$5,928,710$358,834$0$5,405,026
72$6,448,293$291,272$0$5,866,114
73$7,018,192$217,717$0$6,371,918
74$7,643,454$137,792$0$6,926,950
75$8,329,638$51,096$0$7,536,185
76$9,082,871$0$0$8,205,104
77$9,909,896$0$0$8,945,398
78$10,818,146$0$0$9,765,827
79$11,815,807$0$0$10,667,042
80$12,911,897$0$0$11,657,192
81$14,116,351$0$0$12,745,254
82$15,440,114$0$0$13,941,117
83$16,895,243$0$0$15,255,677
84$18,495,023$0$0$16,700,939
85$20,254,089$0$0$18,290,126
86$22,188,566$0$0$20,037,810
87$24,316,219$0$0$21,960,043
88$26,656,621$0$0$24,074,513
89$29,231,340$0$0$26,400,707
90$32,064,136$0$0$28,960,097
91$35,181,190$0$0$31,776,340
92$38,611,348$0$0$34,875,502
93$42,386,395$0$0$38,286,306
94$46,541,353$0$0$42,040,396
95$51,114,810$0$0$46,172,644
96$56,149,287$0$0$50,721,470
97$61,691,634$0$0$55,729,213
98$67,793,477$0$0$61,242,521
99$74,511,700$0$0$67,312,798
100$81,908,986$0$0$73,996,684