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%13.7%
1 years$68,954$68,339$67,740$67,155$66,584$65,562
2 years$34,135$33,500$32,884$32,286$31,707$30,679
3 years$22,531$21,892$21,278$20,686$20,116$19,116
4 years$16,730$16,093$15,485$14,903$14,347$13,381
5 years$13,250$12,617$12,017$11,447$10,906$9,978
6 years$10,931$10,303$9,711$9,154$8,630$7,739
7 years$9,275$8,652$8,070$7,526$7,018$6,167
8 years$8,034$7,417$6,844$6,314$5,822$5,009
9 years$7,069$6,458$5,895$5,378$4,903$4,128
10 years$6,297$5,692$5,139$4,636$4,178$3,440
11 years$5,666$5,067$4,525$4,034$3,593$2,892
12 years$5,141$4,548$4,015$3,539$3,114$2,449
13 years$4,697$4,110$3,588$3,124$2,715$2,085
14 years$4,317$3,736$3,223$2,773$2,380$1,784
15 years$3,987$3,413$2,910$2,473$2,096$1,532
16 years$3,699$3,131$2,639$2,215$1,852$1,321
17 years$3,446$2,884$2,401$1,990$1,642$1,141
18 years$3,220$2,665$2,192$1,793$1,460$989
19 years$3,019$2,470$2,007$1,620$1,302$858
20 years$2,838$2,295$1,841$1,467$1,163$746
21 years$2,674$2,138$1,694$1,332$1,040$650
22 years$2,526$1,995$1,561$1,211$933$567
23 years$2,390$1,866$1,441$1,103$837$494
24 years$2,267$1,749$1,333$1,006$752$432
25 years$2,153$1,641$1,235$919$677$378
26 years$2,048$1,542$1,145$840$610$331
27 years$1,951$1,451$1,063$769$550$289
28 years$1,861$1,368$989$704$496$254
29 years$1,778$1,290$920$646$448$222
30 years$1,700$1,218$857$593$405$195
31 years$1,627$1,152$799$544$366$171
32 years$1,559$1,090$745$500$331$150
33 years$1,495$1,032$696$460$300$132
34 years$1,436$978$650$423$271$116
35 years$1,379$928$608$390$246$102
36 years$1,326$881$569$359$223$89
37 years$1,276$836$532$331$202$78
38 years$1,229$795$498$305$183$69
39 years$1,184$756$467$281$166$60
40 years$1,142$719$438$259$150$53
41 years$1,101$685$410$239$136$47
42 years$1,063$652$385$221$124$41
43 years$1,027$621$361$204$112$36
44 years$992$592$339$188$102$32
45 years$959$565$318$174$93$28
46 years$928$539$299$160$84$25
47 years$898$514$281$148$76$22
48 years$869$491$264$137$69$19
49 years$842$469$248$127$63$17
50 years$815$448$233$117$57$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $835,000, adding $5,844 every year, while hoping to spend $33,404 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: 42/34/24 Blend
44$835,000$835,000$835,000$835,000
45$926,198$881,943$869,001$958,375
46$985,129$889,617$862,571$989,600
47$1,048,951$896,547$854,805$1,019,761
48$1,118,128$902,662$845,625$1,051,761
49$1,193,169$907,885$834,947$1,085,787
50$1,274,637$912,135$822,682$1,122,051
51$1,363,146$915,327$808,738$1,160,782
52$1,459,377$917,367$793,020$1,202,238
53$1,564,074$918,159$775,427$1,246,706
54$1,678,059$917,598$755,854$1,294,502
55$1,802,236$915,575$734,190$1,345,978
56$1,937,599$911,973$710,320$1,401,524
57$2,085,242$906,668$684,124$1,461,572
58$2,246,371$899,529$655,475$1,526,603
59$2,422,310$890,415$624,243$1,597,147
60$2,614,519$879,179$590,289$1,673,793
61$2,824,605$865,664$553,469$1,757,193
62$3,054,337$849,704$513,633$1,848,069
63$3,305,664$831,123$470,623$1,947,222
64$3,580,728$809,735$424,276$2,055,537
65$3,881,893$785,342$374,419$2,173,994
66$4,211,758$757,736$320,874$2,303,678
67$4,573,188$726,696$263,454$2,445,789
68$4,969,336$691,987$201,963$2,601,656
69$5,403,676$653,362$136,197$2,772,747
70$5,880,034$610,560$65,943$2,960,687
71$6,402,625$563,304$0$3,167,273
72$6,976,088$511,302$0$3,396,805
73$7,605,537$454,244$0$3,667,336
74$8,296,603$391,803$0$3,964,452
75$9,055,490$323,635$0$4,290,901
76$9,889,032$249,375$0$4,649,715
77$10,804,756$168,637$0$5,044,240
78$11,810,956$81,015$0$5,478,170
79$12,916,767$0$0$5,955,579
80$14,132,256$0$0$6,486,172
81$15,468,512$0$0$7,102,918
82$16,937,750$0$0$7,781,159
83$18,553,431$0$0$8,527,125
84$20,330,385$0$0$9,347,675
85$22,284,950$0$0$10,250,372
86$24,435,128$0$0$11,243,544
87$26,800,753$0$0$12,336,371
88$29,403,678$0$0$13,538,964
89$32,267,984$0$0$14,862,467
90$35,420,200$0$0$16,319,157
91$38,889,561$0$0$17,922,562
92$42,708,276$0$0$19,687,588
93$46,911,837$0$0$21,630,659
94$51,539,351$0$0$23,769,875
95$56,633,912$0$0$26,125,176
96$62,243,000$0$0$28,718,538
97$68,418,936$0$0$31,574,173
98$75,219,374$0$0$34,718,762
99$82,707,839$0$0$38,181,707
100$90,954,335$0$0$41,995,403