Can I retire at age 45 with 835,000?

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 $835,000?

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$68,954$68,339$67,740$67,155$66,584$64,120
2 years$34,135$33,500$32,884$32,286$31,707$29,252
3 years$22,531$21,892$21,278$20,686$20,116$17,748
4 years$16,730$16,093$15,485$14,903$14,347$12,083
5 years$13,250$12,617$12,017$11,447$10,906$8,753
6 years$10,931$10,303$9,711$9,154$8,630$6,589
7 years$9,275$8,652$8,070$7,526$7,018$5,089
8 years$8,034$7,417$6,844$6,314$5,822$4,003
9 years$7,069$6,458$5,895$5,378$4,903$3,191
10 years$6,297$5,692$5,139$4,636$4,178$2,570
11 years$5,666$5,067$4,525$4,034$3,593$2,086
12 years$5,141$4,548$4,015$3,539$3,114$1,703
13 years$4,697$4,110$3,588$3,124$2,715$1,398
14 years$4,317$3,736$3,223$2,773$2,380$1,151
15 years$3,987$3,413$2,910$2,473$2,096$952
16 years$3,699$3,131$2,639$2,215$1,852$789
17 years$3,446$2,884$2,401$1,990$1,642$655
18 years$3,220$2,665$2,192$1,793$1,460$545
19 years$3,019$2,470$2,007$1,620$1,302$454
20 years$2,838$2,295$1,841$1,467$1,163$378
21 years$2,674$2,138$1,694$1,332$1,040$316
22 years$2,526$1,995$1,561$1,211$933$264
23 years$2,390$1,866$1,441$1,103$837$221
24 years$2,267$1,749$1,333$1,006$752$185
25 years$2,153$1,641$1,235$919$677$154
26 years$2,048$1,542$1,145$840$610$129
27 years$1,951$1,451$1,063$769$550$108
28 years$1,861$1,368$989$704$496$91
29 years$1,778$1,290$920$646$448$76
30 years$1,700$1,218$857$593$405$64
31 years$1,627$1,152$799$544$366$53
32 years$1,559$1,090$745$500$331$45
33 years$1,495$1,032$696$460$300$38
34 years$1,436$978$650$423$271$31
35 years$1,379$928$608$390$246$26
36 years$1,326$881$569$359$223$22
37 years$1,276$836$532$331$202$19
38 years$1,229$795$498$305$183$16
39 years$1,184$756$467$281$166$13
40 years$1,142$719$438$259$150$11
41 years$1,101$685$410$239$136$9
42 years$1,063$652$385$221$124$8
43 years$1,027$621$361$204$112$6
44 years$992$592$339$188$102$5
45 years$959$565$318$174$93$5
46 years$928$539$299$160$84$4
47 years$898$514$281$148$76$3
48 years$869$491$264$137$69$3
49 years$842$469$248$127$63$2
50 years$815$448$233$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $835,000, adding $6,908 every year, while hoping to spend $43,519 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: 59/14/27 Blend
44$835,000$835,000$835,000$835,000
45$927,296$883,041$870,098$974,847
46$975,576$880,006$852,943$1,005,070
47$1,027,322$875,364$833,754$1,032,789
48$1,082,842$868,989$812,417$1,062,112
49$1,142,473$860,751$788,815$1,093,204
50$1,206,586$850,508$762,820$1,126,253
51$1,275,586$838,112$734,304$1,161,464
52$1,349,922$823,405$703,129$1,199,066
53$1,430,083$806,221$669,153$1,239,314
54$1,516,608$786,383$632,226$1,282,491
55$1,610,090$763,703$592,193$1,328,912
56$1,711,178$737,984$548,891$1,378,924
57$1,820,589$709,015$502,149$1,432,914
58$1,939,108$676,576$451,790$1,491,312
59$2,067,599$640,431$397,627$1,554,594
60$2,207,014$600,331$339,467$1,623,286
61$2,358,398$556,016$277,107$1,697,975
62$2,522,900$507,206$210,336$1,779,307
63$2,701,785$453,609$138,932$1,868,001
64$2,896,446$394,914$62,665$1,964,851
65$3,108,413$330,795$0$2,070,739
66$3,339,371$260,904$0$2,192,034
67$3,591,175$184,876$0$2,344,036
68$3,865,865$102,325$0$2,509,943
69$4,165,688$12,844$0$2,691,155
70$4,493,117$0$0$2,889,216
71$4,850,873$0$0$3,118,769
72$5,241,952$0$0$3,371,933
73$5,669,656$0$0$3,648,874
74$6,137,615$0$0$3,951,953
75$6,649,830$0$0$4,283,769
76$7,210,705$0$0$4,647,185
77$7,825,092$0$0$5,045,353
78$8,498,331$0$0$5,481,745
79$9,236,305$0$0$5,960,185
80$10,045,494$0$0$6,484,883
81$10,933,034$0$0$7,060,479
82$11,906,783$0$0$7,692,081
83$12,975,401$0$0$8,385,316
84$14,148,422$0$0$9,146,384
85$15,436,352$0$0$9,982,112
86$16,850,762$0$0$10,900,023
87$18,404,398$0$0$11,908,402
88$20,111,303$0$0$13,016,378
89$21,986,947$0$0$14,234,007
90$24,048,372$0$0$15,572,368
91$26,314,353$0$0$17,043,666
92$28,805,574$0$0$18,661,348
93$31,544,826$0$0$20,440,230
94$34,557,216$0$0$22,396,634
95$37,870,406$0$0$24,548,543
96$41,514,875$0$0$26,915,771
97$45,524,203$0$0$29,520,150
98$49,935,388$0$0$32,385,734
99$54,789,198$0$0$35,539,024
100$60,130,549$0$0$39,009,223