Can I retire at age 45 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$69,036$68,421$67,821$67,236$66,664$64,633
2 years$34,176$33,540$32,923$32,325$31,745$29,717
3 years$22,558$21,919$21,303$20,711$20,140$18,178
4 years$16,750$16,113$15,503$14,921$14,364$12,483
5 years$13,266$12,632$12,031$11,461$10,919$9,124
6 years$10,944$10,315$9,723$9,165$8,640$6,932
7 years$9,286$8,663$8,080$7,535$7,027$5,406
8 years$8,043$7,426$6,852$6,321$5,829$4,295
9 years$7,077$6,465$5,902$5,384$4,909$3,460
10 years$6,305$5,699$5,145$4,641$4,183$2,816
11 years$5,673$5,073$4,530$4,039$3,597$2,311
12 years$5,147$4,554$4,020$3,543$3,117$1,909
13 years$4,703$4,115$3,592$3,128$2,718$1,585
14 years$4,322$3,741$3,227$2,777$2,383$1,321
15 years$3,992$3,417$2,914$2,476$2,098$1,105
16 years$3,704$3,135$2,642$2,217$1,854$927
17 years$3,450$2,887$2,404$1,992$1,644$779
18 years$3,224$2,668$2,194$1,795$1,462$657
19 years$3,023$2,473$2,009$1,622$1,303$554
20 years$2,841$2,298$1,844$1,469$1,164$468
21 years$2,678$2,140$1,696$1,333$1,042$396
22 years$2,529$1,998$1,563$1,212$934$335
23 years$2,393$1,869$1,443$1,104$838$284
24 years$2,269$1,751$1,335$1,007$753$241
25 years$2,155$1,643$1,236$920$678$204
26 years$2,050$1,544$1,146$841$611$173
27 years$1,953$1,453$1,065$770$550$147
28 years$1,863$1,369$990$705$497$125
29 years$1,780$1,292$921$647$449$106
30 years$1,702$1,220$858$594$405$90
31 years$1,629$1,153$800$545$366$77
32 years$1,561$1,091$746$501$331$65
33 years$1,497$1,033$697$461$300$56
34 years$1,437$979$651$424$272$47
35 years$1,381$929$609$390$246$40
36 years$1,328$882$569$359$223$34
37 years$1,278$837$533$331$202$29
38 years$1,230$796$499$305$183$25
39 years$1,185$757$468$281$166$21
40 years$1,143$720$438$260$151$18
41 years$1,103$685$411$239$137$15
42 years$1,064$653$385$221$124$13
43 years$1,028$622$362$204$113$11
44 years$993$593$340$188$102$9
45 years$960$565$319$174$93$8
46 years$929$539$299$161$84$7
47 years$899$515$281$148$76$6
48 years$870$491$264$137$69$5
49 years$843$469$248$127$63$4
50 years$816$448$234$117$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $836,000, adding $5,468 every year, while hoping to spend $28,090 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: 78/12/10 Blend
44$836,000$836,000$836,000$836,000
45$926,912$882,604$869,646$997,216
46$991,570$895,964$868,892$1,057,551
47$1,061,881$909,038$867,171$1,119,539
48$1,138,393$921,780$864,421$1,186,712
49$1,221,707$934,146$860,577$1,259,574
50$1,312,486$946,084$855,571$1,338,681
51$1,411,459$957,541$849,332$1,424,646
52$1,519,427$968,460$841,785$1,518,143
53$1,637,274$978,781$832,850$1,619,917
54$1,765,972$988,437$822,447$1,730,784
55$1,906,591$997,360$810,488$1,851,649
56$2,060,308$1,005,475$796,884$1,983,504
57$2,228,421$1,012,704$781,541$2,127,445
58$2,412,356$1,018,964$764,359$2,284,679
59$2,613,687$1,024,164$745,236$2,456,535
60$2,834,146$1,028,210$724,063$2,644,478
61$3,075,637$1,031,001$700,728$2,850,123
62$3,340,261$1,032,429$675,112$3,075,249
63$3,630,331$1,032,381$647,091$3,321,817
64$3,948,393$1,030,736$616,537$3,591,986
65$4,297,252$1,027,365$583,314$3,888,140
66$4,679,997$1,022,131$547,280$4,212,900
67$5,100,032$1,014,891$508,289$4,569,159
68$5,561,104$1,005,490$466,186$4,960,104
69$6,067,343$993,765$420,810$5,389,247
70$6,623,298$979,545$371,992$5,860,459
71$7,233,978$962,646$319,558$6,378,004
72$7,904,903$942,875$263,322$6,946,585
73$8,642,154$920,027$203,094$7,571,383
74$9,452,429$893,884$138,673$8,258,108
75$10,343,109$864,216$69,851$9,013,052
76$11,322,324$830,781$0$9,843,153
77$12,399,031$793,319$0$10,756,436
78$13,583,101$751,560$0$11,768,922
79$14,885,405$705,215$0$12,882,461
80$16,317,925$653,979$0$14,107,310
81$17,893,860$597,531$0$15,454,775
82$19,627,752$535,528$0$16,937,314
83$21,535,626$467,612$0$18,568,655
84$23,635,137$393,402$0$20,363,926
85$25,945,739$312,497$0$22,339,798
86$28,488,866$224,471$0$24,514,642
87$31,288,138$128,878$0$26,908,703
88$34,369,577$25,242$0$29,544,290
89$37,761,860$0$0$32,445,989
90$41,496,583$0$0$35,652,373
91$45,608,562$0$0$39,186,349
92$50,136,163$0$0$43,077,559
93$55,121,658$0$0$47,362,340
94$60,611,628$0$0$52,080,732
95$66,657,405$0$0$57,276,853
96$73,315,547$0$0$62,999,321
97$80,648,380$0$0$69,301,708
98$88,724,584$0$0$76,243,048
99$97,619,839$0$0$83,888,389
100$107,417,537$0$0$92,309,415