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%19.7%
1 years$68,954$68,339$67,740$67,155$66,584$63,993
2 years$34,135$33,500$32,884$32,286$31,707$29,127
3 years$22,531$21,892$21,278$20,686$20,116$17,630
4 years$16,730$16,093$15,485$14,903$14,347$11,973
5 years$13,250$12,617$12,017$11,447$10,906$8,650
6 years$10,931$10,303$9,711$9,154$8,630$6,493
7 years$9,275$8,652$8,070$7,526$7,018$5,001
8 years$8,034$7,417$6,844$6,314$5,822$3,922
9 years$7,069$6,458$5,895$5,378$4,903$3,117
10 years$6,297$5,692$5,139$4,636$4,178$2,502
11 years$5,666$5,067$4,525$4,034$3,593$2,024
12 years$5,141$4,548$4,015$3,539$3,114$1,647
13 years$4,697$4,110$3,588$3,124$2,715$1,347
14 years$4,317$3,736$3,223$2,773$2,380$1,106
15 years$3,987$3,413$2,910$2,473$2,096$911
16 years$3,699$3,131$2,639$2,215$1,852$752
17 years$3,446$2,884$2,401$1,990$1,642$622
18 years$3,220$2,665$2,192$1,793$1,460$516
19 years$3,019$2,470$2,007$1,620$1,302$428
20 years$2,838$2,295$1,841$1,467$1,163$355
21 years$2,674$2,138$1,694$1,332$1,040$296
22 years$2,526$1,995$1,561$1,211$933$246
23 years$2,390$1,866$1,441$1,103$837$205
24 years$2,267$1,749$1,333$1,006$752$171
25 years$2,153$1,641$1,235$919$677$142
26 years$2,048$1,542$1,145$840$610$119
27 years$1,951$1,451$1,063$769$550$99
28 years$1,861$1,368$989$704$496$83
29 years$1,778$1,290$920$646$448$69
30 years$1,700$1,218$857$593$405$58
31 years$1,627$1,152$799$544$366$48
32 years$1,559$1,090$745$500$331$40
33 years$1,495$1,032$696$460$300$33
34 years$1,436$978$650$423$271$28
35 years$1,379$928$608$390$246$23
36 years$1,326$881$569$359$223$19
37 years$1,276$836$532$331$202$16
38 years$1,229$795$498$305$183$14
39 years$1,184$756$467$281$166$11
40 years$1,142$719$438$259$150$9
41 years$1,101$685$410$239$136$8
42 years$1,063$652$385$221$124$7
43 years$1,027$621$361$204$112$6
44 years$992$592$339$188$102$5
45 years$959$565$318$174$93$4
46 years$928$539$299$160$84$3
47 years$898$514$281$148$76$3
48 years$869$491$264$137$69$2
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 $5,932 every year, while hoping to spend $38,056 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: 63/16/21 Blend
44$835,000$835,000$835,000$835,000
45$926,289$882,034$869,091$979,265
46$980,279$884,762$857,715$1,018,425
47$1,038,501$886,349$844,681$1,056,385
48$1,101,345$886,697$829,896$1,096,969
49$1,169,243$885,706$813,258$1,140,438
50$1,242,667$883,266$794,662$1,187,078
51$1,322,135$879,263$774,000$1,237,208
52$1,408,220$873,574$751,157$1,291,179
53$1,501,550$866,070$726,011$1,349,378
54$1,602,814$856,614$698,439$1,412,236
55$1,712,773$845,060$668,308$1,480,227
56$1,832,261$831,253$635,482$1,553,874
57$1,962,197$815,031$599,817$1,633,758
58$2,103,594$796,219$561,163$1,720,519
59$2,257,562$774,635$519,363$1,814,865
60$2,425,326$750,085$474,254$1,917,577
61$2,608,233$722,363$425,666$2,029,520
62$2,807,765$691,252$373,418$2,151,647
63$3,025,555$656,521$317,325$2,285,012
64$3,263,398$617,927$257,193$2,430,779
65$3,523,273$575,213$192,816$2,590,235
66$3,807,355$528,107$123,984$2,764,799
67$4,118,042$476,321$50,474$2,956,038
68$4,457,973$419,551$0$3,165,684
69$4,830,053$357,476$0$3,401,916
70$5,237,482$289,756$0$3,673,053
71$5,683,784$216,033$0$3,970,159
72$6,172,840$135,928$0$4,295,864
73$6,708,922$49,042$0$4,653,067
74$7,296,738$0$0$5,044,966
75$7,941,472$0$0$5,483,015
76$8,648,833$0$0$5,973,149
77$9,425,111$0$0$6,511,099
78$10,277,234$0$0$7,101,674
79$11,212,832$0$0$7,750,170
80$12,240,312$0$0$8,462,423
81$13,368,933$0$0$9,244,860
82$14,608,897$0$0$10,104,563
83$15,971,442$0$0$11,049,332
84$17,468,948$0$0$12,087,762
85$19,115,055$0$0$13,229,322
86$20,924,790$0$0$14,484,441
87$22,914,708$0$0$15,864,613
88$25,103,048$0$0$17,382,499
89$27,509,907$0$0$19,052,050
90$30,157,425$0$0$20,888,637
91$33,069,998$0$0$22,909,193
92$36,274,503$0$0$25,132,378
93$39,800,556$0$0$27,578,752
94$43,680,787$0$0$30,270,966
95$47,951,150$0$0$33,233,979
96$52,651,259$0$0$36,495,295
97$57,824,766$0$0$40,085,216
98$63,519,768$0$0$44,037,131
99$69,789,262$0$0$48,387,834
100$76,691,644$0$0$53,177,864