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%14.2%
1 years$68,954$68,339$67,740$67,155$66,584$65,427
2 years$34,135$33,500$32,884$32,286$31,707$30,545
3 years$22,531$21,892$21,278$20,686$20,116$18,986
4 years$16,730$16,093$15,485$14,903$14,347$13,256
5 years$13,250$12,617$12,017$11,447$10,906$9,859
6 years$10,931$10,303$9,711$9,154$8,630$7,627
7 years$9,275$8,652$8,070$7,526$7,018$6,060
8 years$8,034$7,417$6,844$6,314$5,822$4,908
9 years$7,069$6,458$5,895$5,378$4,903$4,033
10 years$6,297$5,692$5,139$4,636$4,178$3,351
11 years$5,666$5,067$4,525$4,034$3,593$2,808
12 years$5,141$4,548$4,015$3,539$3,114$2,370
13 years$4,697$4,110$3,588$3,124$2,715$2,011
14 years$4,317$3,736$3,223$2,773$2,380$1,715
15 years$3,987$3,413$2,910$2,473$2,096$1,468
16 years$3,699$3,131$2,639$2,215$1,852$1,261
17 years$3,446$2,884$2,401$1,990$1,642$1,086
18 years$3,220$2,665$2,192$1,793$1,460$937
19 years$3,019$2,470$2,007$1,620$1,302$810
20 years$2,838$2,295$1,841$1,467$1,163$702
21 years$2,674$2,138$1,694$1,332$1,040$609
22 years$2,526$1,995$1,561$1,211$933$529
23 years$2,390$1,866$1,441$1,103$837$460
24 years$2,267$1,749$1,333$1,006$752$400
25 years$2,153$1,641$1,235$919$677$349
26 years$2,048$1,542$1,145$840$610$304
27 years$1,951$1,451$1,063$769$550$265
28 years$1,861$1,368$989$704$496$231
29 years$1,778$1,290$920$646$448$202
30 years$1,700$1,218$857$593$405$176
31 years$1,627$1,152$799$544$366$154
32 years$1,559$1,090$745$500$331$135
33 years$1,495$1,032$696$460$300$118
34 years$1,436$978$650$423$271$103
35 years$1,379$928$608$390$246$90
36 years$1,326$881$569$359$223$79
37 years$1,276$836$532$331$202$69
38 years$1,229$795$498$305$183$60
39 years$1,184$756$467$281$166$53
40 years$1,142$719$438$259$150$46
41 years$1,101$685$410$239$136$40
42 years$1,063$652$385$221$124$35
43 years$1,027$621$361$204$112$31
44 years$992$592$339$188$102$27
45 years$959$565$318$174$93$24
46 years$928$539$299$160$84$21
47 years$898$514$281$148$76$18
48 years$869$491$264$137$69$16
49 years$842$469$248$127$63$14
50 years$815$448$233$117$57$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $835,000, adding $4,059 every year, while hoping to spend $43,586 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: 67/22/11 Blend
44$835,000$835,000$835,000$835,000
45$924,357$880,102$867,159$983,836
46$972,266$876,852$849,834$1,020,676
47$1,023,601$871,981$830,467$1,055,374
48$1,078,666$865,366$808,945$1,092,182
49$1,137,793$856,872$785,148$1,131,301
50$1,201,347$846,358$758,950$1,172,954
51$1,269,730$833,675$730,221$1,217,388
52$1,343,383$818,665$698,823$1,264,876
53$1,422,788$801,160$664,614$1,315,721
54$1,508,478$780,983$627,444$1,370,257
55$1,601,036$757,944$587,157$1,428,855
56$1,701,104$731,845$543,588$1,491,922
57$1,809,386$702,476$496,569$1,559,913
58$1,926,659$669,612$445,919$1,633,328
59$2,053,774$633,019$391,453$1,712,721
60$2,191,669$592,447$332,976$1,798,704
61$2,341,373$547,631$270,286$1,891,954
62$2,504,022$498,293$203,169$1,993,220
63$2,680,861$444,139$131,404$2,103,330
64$2,873,263$384,856$54,760$2,223,198
65$3,082,737$320,115$0$2,353,836
66$3,310,944$249,568$0$2,499,534
67$3,559,711$172,848$0$2,665,420
68$3,831,051$89,567$0$2,846,455
69$4,127,178$0$0$3,044,180
70$4,450,528$0$0$3,260,459
71$4,803,785$0$0$3,520,478
72$5,189,902$0$0$3,804,734
73$5,612,131$0$0$4,115,627
74$6,074,053$0$0$4,455,799
75$6,579,610$0$0$4,828,160
76$7,133,142$0$0$5,235,916
77$7,739,430$0$0$5,682,594
78$8,403,740$0$0$6,172,080
79$9,131,868$0$0$6,708,655
80$9,930,199$0$0$7,297,031
81$10,805,768$0$0$7,942,401
82$11,766,319$0$0$8,650,483
83$12,820,384$0$0$9,427,574
84$13,977,362$0$0$10,280,613
85$15,247,605$0$0$11,217,242
86$16,642,516$0$0$12,245,879
87$18,174,657$0$0$13,375,799
88$19,857,866$0$0$14,617,216
89$21,707,389$0$0$15,981,387
90$23,740,020$0$0$17,480,709
91$25,974,261$0$0$19,128,842
92$28,430,496$0$0$20,940,836
93$31,131,184$0$0$22,933,270
94$34,101,066$0$0$25,124,411
95$37,367,403$0$0$27,534,384
96$40,960,230$0$0$30,185,364
97$44,912,637$0$0$33,101,782
98$49,261,085$0$0$36,310,557
99$54,045,747$0$0$39,841,347
100$59,310,885$0$0$43,726,831