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%19.2%
1 years$68,623$68,012$67,416$66,833$66,265$63,812
2 years$33,972$33,339$32,726$32,131$31,555$29,112
3 years$22,423$21,788$21,176$20,587$20,020$17,663
4 years$16,650$16,016$15,411$14,832$14,278$12,025
5 years$13,187$12,557$11,959$11,392$10,854$8,711
6 years$10,879$10,254$9,665$9,110$8,588$6,557
7 years$9,231$8,611$8,032$7,490$6,985$5,064
8 years$7,995$7,381$6,811$6,283$5,794$3,983
9 years$7,035$6,427$5,867$5,352$4,880$3,175
10 years$6,267$5,665$5,115$4,613$4,158$2,557
11 years$5,639$5,043$4,503$4,015$3,576$2,076
12 years$5,117$4,526$3,996$3,522$3,099$1,695
13 years$4,674$4,090$3,570$3,109$2,702$1,391
14 years$4,296$3,718$3,208$2,760$2,369$1,146
15 years$3,968$3,397$2,896$2,461$2,086$947
16 years$3,682$3,116$2,626$2,204$1,843$785
17 years$3,429$2,870$2,390$1,980$1,634$652
18 years$3,205$2,652$2,181$1,785$1,453$542
19 years$3,004$2,458$1,997$1,613$1,295$452
20 years$2,824$2,284$1,833$1,460$1,157$377
21 years$2,662$2,127$1,686$1,325$1,035$314
22 years$2,514$1,986$1,554$1,205$928$263
23 years$2,379$1,857$1,435$1,098$833$220
24 years$2,256$1,740$1,327$1,001$749$184
25 years$2,142$1,633$1,229$914$674$154
26 years$2,038$1,535$1,140$836$607$129
27 years$1,942$1,444$1,058$765$547$108
28 years$1,852$1,361$984$701$494$90
29 years$1,769$1,284$915$643$446$76
30 years$1,692$1,213$853$590$403$63
31 years$1,619$1,146$795$542$364$53
32 years$1,552$1,085$742$498$329$45
33 years$1,488$1,027$693$458$298$37
34 years$1,429$974$647$421$270$31
35 years$1,373$923$605$388$244$26
36 years$1,320$876$566$357$222$22
37 years$1,270$832$530$329$201$18
38 years$1,223$791$496$303$182$15
39 years$1,178$752$465$280$165$13
40 years$1,136$716$436$258$150$11
41 years$1,096$681$408$238$136$9
42 years$1,058$649$383$220$123$8
43 years$1,022$618$360$203$112$6
44 years$987$589$337$187$102$5
45 years$955$562$317$173$92$5
46 years$923$536$298$160$84$4
47 years$893$512$280$148$76$3
48 years$865$488$263$136$69$3
49 years$837$466$247$126$63$2
50 years$811$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 $831,000, adding $4,744 every year, while hoping to spend $35,293 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: 62/21/17 Blend
44$831,000$831,000$831,000$831,000
45$920,655$876,612$863,732$973,503
46$977,011$882,015$855,115$1,015,046
47$1,037,932$886,499$845,027$1,055,979
48$1,103,846$889,983$833,381$1,099,833
49$1,175,225$892,379$820,087$1,146,893
50$1,252,587$893,595$805,048$1,197,479
51$1,336,501$893,531$788,167$1,251,938
52$1,427,592$892,082$769,339$1,310,657
53$1,526,550$889,138$748,455$1,374,064
54$1,634,132$884,579$725,403$1,442,631
55$1,751,171$878,281$700,061$1,516,877
56$1,878,585$870,111$672,308$1,597,379
57$2,017,382$859,928$642,011$1,684,772
58$2,168,672$847,582$609,036$1,779,758
59$2,333,678$832,915$573,240$1,883,113
60$2,513,744$815,758$534,474$1,995,691
61$2,710,351$795,935$492,584$2,118,438
62$2,925,128$773,258$447,407$2,252,399
63$3,159,869$747,526$398,774$2,398,725
64$3,416,551$718,529$346,507$2,558,687
65$3,697,346$686,044$290,422$2,733,692
66$4,004,650$649,835$230,326$2,925,288
67$4,341,100$609,652$166,018$3,135,188
68$4,709,598$565,232$97,286$3,365,280
69$5,113,344$516,295$23,911$3,617,648
70$5,555,857$462,546$0$3,894,594
71$6,041,017$403,673$0$4,208,524
72$6,573,095$339,347$0$4,557,642
73$7,156,795$269,219$0$4,940,746
74$7,797,300$192,923$0$5,361,294
75$8,500,318$110,069$0$5,823,099
76$9,272,136$20,248$0$6,330,369
77$10,119,680$0$0$6,887,739
78$11,050,579$0$0$7,518,107
79$12,073,239$0$0$8,215,819
80$13,196,919$0$0$8,982,519
81$14,431,819$0$0$9,825,177
82$15,789,176$0$0$10,751,468
83$17,281,371$0$0$11,769,851
84$18,922,043$0$0$12,889,643
85$20,726,220$0$0$14,121,112
86$22,710,458$0$0$15,475,567
87$24,892,999$0$0$16,965,470
88$27,293,940$0$0$18,604,553
89$29,935,425$0$0$20,407,943
90$32,841,853$0$0$22,392,309
91$36,040,107$0$0$24,576,017
92$39,559,807$0$0$26,979,304
93$43,433,590$0$0$29,624,467
94$47,697,418$0$0$32,536,075
95$52,390,914$0$0$35,741,199
96$57,557,740$0$0$39,269,669
97$63,246,006$0$0$43,154,353
98$69,508,722$0$0$47,431,469
99$76,404,301$0$0$52,140,925
100$83,997,108$0$0$57,326,696