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%11.2%
1 years$68,623$68,012$67,416$66,833$66,265$65,930
2 years$33,972$33,339$32,726$32,131$31,555$31,217
3 years$22,423$21,788$21,176$20,587$20,020$19,689
4 years$16,650$16,016$15,411$14,832$14,278$13,958
5 years$13,187$12,557$11,959$11,392$10,854$10,544
6 years$10,879$10,254$9,665$9,110$8,588$8,290
7 years$9,231$8,611$8,032$7,490$6,985$6,698
8 years$7,995$7,381$6,811$6,283$5,794$5,519
9 years$7,035$6,427$5,867$5,352$4,880$4,616
10 years$6,267$5,665$5,115$4,613$4,158$3,905
11 years$5,639$5,043$4,503$4,015$3,576$3,334
12 years$5,117$4,526$3,996$3,522$3,099$2,868
13 years$4,674$4,090$3,570$3,109$2,702$2,482
14 years$4,296$3,718$3,208$2,760$2,369$2,159
15 years$3,968$3,397$2,896$2,461$2,086$1,886
16 years$3,682$3,116$2,626$2,204$1,843$1,653
17 years$3,429$2,870$2,390$1,980$1,634$1,454
18 years$3,205$2,652$2,181$1,785$1,453$1,282
19 years$3,004$2,458$1,997$1,613$1,295$1,133
20 years$2,824$2,284$1,833$1,460$1,157$1,004
21 years$2,662$2,127$1,686$1,325$1,035$890
22 years$2,514$1,986$1,554$1,205$928$791
23 years$2,379$1,857$1,435$1,098$833$704
24 years$2,256$1,740$1,327$1,001$749$627
25 years$2,142$1,633$1,229$914$674$559
26 years$2,038$1,535$1,140$836$607$499
27 years$1,942$1,444$1,058$765$547$446
28 years$1,852$1,361$984$701$494$398
29 years$1,769$1,284$915$643$446$356
30 years$1,692$1,213$853$590$403$319
31 years$1,619$1,146$795$542$364$285
32 years$1,552$1,085$742$498$329$256
33 years$1,488$1,027$693$458$298$229
34 years$1,429$974$647$421$270$205
35 years$1,373$923$605$388$244$184
36 years$1,320$876$566$357$222$165
37 years$1,270$832$530$329$201$148
38 years$1,223$791$496$303$182$133
39 years$1,178$752$465$280$165$119
40 years$1,136$716$436$258$150$107
41 years$1,096$681$408$238$136$96
42 years$1,058$649$383$220$123$86
43 years$1,022$618$360$203$112$78
44 years$987$589$337$187$102$70
45 years$955$562$317$173$92$63
46 years$923$536$298$160$84$56
47 years$893$512$280$148$76$51
48 years$865$488$263$136$69$45
49 years$837$466$247$126$63$41
50 years$811$445$232$116$57$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $831,000, adding $6,087 every year, while hoping to spend $58,343 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: 73/19/8 Blend
44$831,000$831,000$831,000$831,000
45$922,041$877,998$865,117$987,724
46$954,012$858,943$832,022$1,012,819
47$987,290$836,999$795,863$1,032,395
48$1,021,944$811,963$756,475$1,052,201
49$1,058,053$783,620$713,688$1,072,242
50$1,095,699$751,742$667,321$1,092,525
51$1,134,971$716,088$617,187$1,113,058
52$1,175,966$676,404$563,090$1,133,852
53$1,218,786$632,420$504,826$1,154,919
54$1,263,545$583,851$442,180$1,176,276
55$1,310,363$530,396$374,929$1,197,941
56$1,359,371$471,737$302,841$1,219,939
57$1,410,712$407,537$225,671$1,242,295
58$1,464,540$337,441$143,166$1,265,042
59$1,521,020$261,073$55,059$1,288,218
60$1,580,335$178,037$0$1,311,867
61$1,642,682$87,913$0$1,339,367
62$1,708,274$0$0$1,372,681
63$1,777,345$0$0$1,409,238
64$1,850,149$0$0$1,467,157
65$1,926,961$0$0$1,528,281
66$2,008,083$0$0$1,592,851
67$2,093,843$0$0$1,661,131
68$2,184,600$0$0$1,733,408
69$2,280,746$0$0$1,809,997
70$2,382,708$0$0$1,891,241
71$2,490,954$0$0$1,977,516
72$2,605,996$0$0$2,069,232
73$2,728,391$0$0$2,166,838
74$2,858,754$0$0$2,270,826
75$2,997,754$0$0$2,381,735
76$3,146,125$0$0$2,500,154
77$3,304,672$0$0$2,626,729
78$3,474,276$0$0$2,762,169
79$3,655,905$0$0$2,907,250
80$3,850,618$0$0$3,062,825
81$4,059,579$0$0$3,229,828
82$4,284,064$0$0$3,409,286
83$4,525,475$0$0$3,602,323
84$4,785,349$0$0$3,810,177
85$5,065,376$0$0$4,034,205
86$5,367,412$0$0$4,275,899
87$5,693,494$0$0$4,536,896
88$6,045,862$0$0$4,818,999
89$6,426,979$0$0$5,124,185
90$6,839,549$0$0$5,454,631
91$7,286,547$0$0$5,812,726
92$7,771,244$0$0$6,201,102
93$8,297,237$0$0$6,622,650
94$8,868,481$0$0$7,080,550
95$9,489,326$0$0$7,578,301
96$10,164,560$0$0$8,119,752
97$10,899,449$0$0$8,709,138
98$11,699,787$0$0$9,351,118
99$12,571,949$0$0$10,050,820
100$13,522,954$0$0$10,813,887