Can I retire at age 45 with 831,000?

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 $831,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$68,623$68,012$67,416$66,833$66,265$64,350
2 years$33,972$33,339$32,726$32,131$31,555$29,641
3 years$22,423$21,788$21,176$20,587$20,020$18,167
4 years$16,650$16,016$15,411$14,832$14,278$12,500
5 years$13,187$12,557$11,959$11,392$10,854$9,156
6 years$10,879$10,254$9,665$9,110$8,588$6,972
7 years$9,231$8,611$8,032$7,490$6,985$5,450
8 years$7,995$7,381$6,811$6,283$5,794$4,340
9 years$7,035$6,427$5,867$5,352$4,880$3,504
10 years$6,267$5,665$5,115$4,613$4,158$2,860
11 years$5,639$5,043$4,503$4,015$3,576$2,353
12 years$5,117$4,526$3,996$3,522$3,099$1,948
13 years$4,674$4,090$3,570$3,109$2,702$1,622
14 years$4,296$3,718$3,208$2,760$2,369$1,356
15 years$3,968$3,397$2,896$2,461$2,086$1,137
16 years$3,682$3,116$2,626$2,204$1,843$957
17 years$3,429$2,870$2,390$1,980$1,634$807
18 years$3,205$2,652$2,181$1,785$1,453$682
19 years$3,004$2,458$1,997$1,613$1,295$577
20 years$2,824$2,284$1,833$1,460$1,157$489
21 years$2,662$2,127$1,686$1,325$1,035$415
22 years$2,514$1,986$1,554$1,205$928$352
23 years$2,379$1,857$1,435$1,098$833$300
24 years$2,256$1,740$1,327$1,001$749$255
25 years$2,142$1,633$1,229$914$674$217
26 years$2,038$1,535$1,140$836$607$185
27 years$1,942$1,444$1,058$765$547$157
28 years$1,852$1,361$984$701$494$134
29 years$1,769$1,284$915$643$446$114
30 years$1,692$1,213$853$590$403$97
31 years$1,619$1,146$795$542$364$83
32 years$1,552$1,085$742$498$329$71
33 years$1,488$1,027$693$458$298$60
34 years$1,429$974$647$421$270$52
35 years$1,373$923$605$388$244$44
36 years$1,320$876$566$357$222$38
37 years$1,270$832$530$329$201$32
38 years$1,223$791$496$303$182$27
39 years$1,178$752$465$280$165$23
40 years$1,136$716$436$258$150$20
41 years$1,096$681$408$238$136$17
42 years$1,058$649$383$220$123$15
43 years$1,022$618$360$203$112$12
44 years$987$589$337$187$102$11
45 years$955$562$317$173$92$9
46 years$923$536$298$160$84$8
47 years$893$512$280$148$76$7
48 years$865$488$263$136$69$6
49 years$837$466$247$126$63$5
50 years$811$445$232$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $831,000, adding $4,728 every year, while hoping to spend $40,759 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: 62/9/29 Blend
44$831,000$831,000$831,000$831,000
45$920,639$876,596$863,715$970,268
46$971,177$876,182$849,283$1,004,165
47$1,025,504$874,381$833,000$1,036,339
48$1,083,962$871,084$814,763$1,070,612
49$1,146,931$866,171$794,462$1,107,199
50$1,214,822$859,518$771,981$1,146,335
51$1,288,093$850,993$747,201$1,188,284
52$1,367,241$840,455$719,995$1,233,336
53$1,452,818$827,754$690,233$1,281,813
54$1,545,425$812,735$657,776$1,334,072
55$1,645,728$795,228$622,481$1,390,507
56$1,754,456$775,058$584,198$1,451,556
57$1,872,412$752,037$542,769$1,517,702
58$2,000,477$725,966$498,032$1,589,480
59$2,139,623$696,636$449,813$1,667,482
60$2,290,918$663,824$397,935$1,752,365
61$2,455,535$627,296$342,210$1,844,851
62$2,634,769$586,802$282,443$1,945,742
63$2,830,040$542,080$218,430$2,055,926
64$3,042,915$492,853$149,958$2,176,380
65$3,275,116$438,826$76,804$2,308,187
66$3,528,538$379,689$0$2,452,545
67$3,805,270$315,115$0$2,611,168
68$4,107,608$244,756$0$2,810,512
69$4,438,081$168,246$0$3,028,480
70$4,799,476$85,200$0$3,266,939
71$5,194,856$0$0$3,527,944
72$5,627,600$0$0$3,814,234
73$6,101,423$0$0$4,137,000
74$6,620,421$0$0$4,490,600
75$7,189,101$0$0$4,878,114
76$7,812,428$0$0$5,302,932
77$8,495,871$0$0$5,768,790
78$9,245,452$0$0$6,279,802
79$10,067,805$0$0$6,840,499
80$10,970,236$0$0$7,455,873
81$11,960,795$0$0$8,131,419
82$13,048,345$0$0$8,873,196
83$14,242,653$0$0$9,687,874
84$15,554,477$0$0$10,582,801
85$16,995,668$0$0$11,566,074
86$18,579,282$0$0$12,646,612
87$20,319,700$0$0$13,834,239
88$22,232,770$0$0$15,139,782
89$24,335,947$0$0$16,575,164
90$26,648,464$0$0$18,153,527
91$29,191,511$0$0$19,889,344
92$31,988,433$0$0$21,798,566
93$35,064,951$0$0$23,898,765
94$38,449,407$0$0$26,209,301
95$42,173,023$0$0$28,751,507
96$46,270,204$0$0$31,548,887
97$50,778,857$0$0$34,627,339
98$55,740,749$0$0$38,015,398
99$61,201,901$0$0$41,744,505
100$67,213,022$0$0$45,849,304