Can I retire at age 45 with 833,000?

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 $833,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$68,788$68,176$67,578$66,994$66,425$64,273
2 years$34,054$33,419$32,805$32,209$31,631$29,483
3 years$22,477$21,840$21,227$20,637$20,068$17,991
4 years$16,690$16,055$15,448$14,867$14,313$12,324
5 years$13,218$12,587$11,988$11,420$10,880$8,984
6 years$10,905$10,278$9,688$9,132$8,609$6,807
7 years$9,253$8,632$8,051$7,508$7,002$5,294
8 years$8,015$7,399$6,828$6,298$5,808$4,193
9 years$7,052$6,442$5,881$5,365$4,892$3,368
10 years$6,282$5,678$5,127$4,625$4,168$2,733
11 years$5,653$5,055$4,514$4,025$3,584$2,235
12 years$5,129$4,537$4,006$3,530$3,106$1,840
13 years$4,686$4,100$3,579$3,117$2,709$1,522
14 years$4,306$3,727$3,216$2,767$2,374$1,265
15 years$3,978$3,405$2,903$2,467$2,091$1,054
16 years$3,691$3,124$2,632$2,209$1,848$881
17 years$3,437$2,877$2,395$1,985$1,638$738
18 years$3,213$2,658$2,187$1,789$1,457$620
19 years$3,012$2,464$2,002$1,616$1,298$521
20 years$2,831$2,289$1,837$1,464$1,160$438
21 years$2,668$2,133$1,690$1,329$1,038$369
22 years$2,520$1,991$1,557$1,208$930$311
23 years$2,385$1,862$1,438$1,100$835$263
24 years$2,261$1,744$1,330$1,003$751$222
25 years$2,148$1,637$1,232$916$675$188
26 years$2,043$1,539$1,142$838$608$159
27 years$1,946$1,448$1,061$767$549$134
28 years$1,857$1,364$986$703$495$113
29 years$1,773$1,287$918$644$447$96
30 years$1,696$1,216$855$591$404$81
31 years$1,623$1,149$797$543$365$69
32 years$1,555$1,087$744$499$330$58
33 years$1,492$1,030$694$459$299$49
34 years$1,432$976$649$422$271$42
35 years$1,376$926$606$389$245$35
36 years$1,323$879$567$358$222$30
37 years$1,273$834$531$330$201$25
38 years$1,226$793$497$304$182$22
39 years$1,181$754$466$280$165$18
40 years$1,139$717$437$259$150$15
41 years$1,099$683$409$239$136$13
42 years$1,061$650$384$220$124$11
43 years$1,024$620$360$203$112$9
44 years$990$591$338$188$102$8
45 years$957$563$318$173$92$7
46 years$925$537$298$160$84$6
47 years$895$513$280$148$76$5
48 years$867$490$263$137$69$4
49 years$839$467$248$126$63$3
50 years$813$447$233$117$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $833,000, adding $3,250 every year, while hoping to spend $22,999 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: 25/45/30 Blend
44$833,000$833,000$833,000$833,000
45$921,318$877,169$864,258$935,661
46$990,822$895,680$868,740$966,539
47$1,066,644$914,327$872,601$997,472
48$1,149,405$933,092$875,796$1,030,168
49$1,239,788$951,957$878,279$1,064,790
50$1,338,543$970,900$879,998$1,101,521
51$1,446,499$989,898$880,903$1,140,562
52$1,564,567$1,008,928$880,937$1,182,135
53$1,693,748$1,027,961$880,045$1,226,486
54$1,835,149$1,046,969$878,164$1,273,887
55$1,989,984$1,065,921$875,233$1,324,638
56$2,159,594$1,084,782$871,185$1,379,073
57$2,345,453$1,103,517$865,949$1,437,558
58$2,549,185$1,122,085$859,455$1,500,500
59$2,772,579$1,140,445$851,624$1,568,348
60$3,017,606$1,158,551$842,377$1,641,599
61$3,286,436$1,176,354$831,631$1,720,803
62$3,581,459$1,193,802$819,297$1,806,564
63$3,905,309$1,210,838$805,284$1,899,555
64$4,260,884$1,227,404$789,496$2,000,516
65$4,651,382$1,243,434$771,831$2,110,266
66$5,080,321$1,258,860$752,185$2,229,709
67$5,551,578$1,273,609$730,448$2,359,846
68$6,069,425$1,287,602$706,504$2,501,779
69$6,638,568$1,300,755$680,233$2,656,730
70$7,264,189$1,312,980$651,509$2,826,044
71$7,952,002$1,324,181$620,199$3,011,210
72$8,708,298$1,334,258$586,168$3,213,871
73$9,540,009$1,343,102$549,269$3,435,841
74$10,454,774$1,350,598$509,354$3,679,124
75$11,461,009$1,356,624$466,265$3,945,933
76$12,567,984$1,361,051$419,837$4,238,708
77$13,785,916$1,363,741$369,900$4,560,148
78$15,126,062$1,364,546$316,273$4,913,227
79$16,600,822$1,363,311$258,771$5,301,232
80$18,223,864$1,359,871$197,197$5,727,788
81$20,010,242$1,354,049$131,348$6,196,898
82$21,976,549$1,345,660$61,010$6,712,979
83$24,141,065$1,334,505$0$7,280,905
84$26,523,934$1,320,376$0$7,910,552
85$29,147,350$1,303,049$0$8,624,492
86$32,035,770$1,282,289$0$9,409,800
87$35,216,145$1,257,847$0$10,273,782
88$38,718,168$1,229,458$0$11,224,495
89$42,574,562$1,196,843$0$12,270,819
90$46,821,383$1,159,704$0$13,422,549
91$51,498,363$1,117,728$0$14,690,480
92$56,649,282$1,070,583$0$16,086,518
93$62,322,385$1,017,918$0$17,623,787
94$68,570,833$959,360$0$19,316,756
95$75,453,207$894,518$0$21,181,379
96$83,034,060$822,975$0$23,235,243
97$91,384,526$744,292$0$25,497,736
98$100,582,990$658,005$0$27,990,235
99$110,715,831$563,623$0$30,736,304
100$121,878,233$460,628$0$33,761,919