Can I retire at age 45 with 838,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $838,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$69,201$68,585$67,983$67,396$66,823$64,325
2 years$34,258$33,620$33,002$32,402$31,821$29,332
3 years$22,612$21,971$21,354$20,760$20,188$17,788
4 years$16,790$16,151$15,540$14,957$14,398$12,104
5 years$13,298$12,663$12,060$11,488$10,945$8,764
6 years$10,970$10,340$9,746$9,187$8,661$6,593
7 years$9,308$8,684$8,099$7,553$7,044$5,089
8 years$8,063$7,443$6,869$6,336$5,843$4,001
9 years$7,094$6,481$5,916$5,397$4,921$3,187
10 years$6,320$5,712$5,158$4,652$4,193$2,565
11 years$5,687$5,086$4,541$4,049$3,606$2,081
12 years$5,160$4,564$4,030$3,551$3,125$1,698
13 years$4,714$4,125$3,600$3,135$2,725$1,392
14 years$4,332$3,749$3,235$2,783$2,389$1,146
15 years$4,002$3,425$2,921$2,482$2,103$947
16 years$3,713$3,143$2,648$2,223$1,859$784
17 years$3,458$2,894$2,410$1,997$1,648$650
18 years$3,232$2,674$2,200$1,800$1,465$541
19 years$3,030$2,479$2,014$1,626$1,306$450
20 years$2,848$2,303$1,848$1,473$1,167$375
21 years$2,684$2,145$1,700$1,337$1,044$313
22 years$2,535$2,003$1,567$1,215$936$261
23 years$2,399$1,873$1,447$1,107$840$218
24 years$2,275$1,755$1,338$1,009$755$182
25 years$2,160$1,647$1,239$922$679$152
26 years$2,055$1,548$1,149$843$612$128
27 years$1,958$1,457$1,067$772$552$107
28 years$1,868$1,373$992$707$498$89
29 years$1,784$1,295$923$648$450$75
30 years$1,706$1,223$860$595$406$63
31 years$1,633$1,156$802$546$367$52
32 years$1,565$1,094$748$502$332$44
33 years$1,501$1,036$698$462$301$37
34 years$1,441$982$653$425$272$31
35 years$1,384$931$610$391$247$26
36 years$1,331$884$571$360$223$22
37 years$1,281$839$534$332$202$18
38 years$1,233$798$500$306$184$15
39 years$1,188$759$469$282$166$13
40 years$1,146$722$439$260$151$11
41 years$1,105$687$412$240$137$9
42 years$1,067$654$386$222$124$8
43 years$1,030$623$363$204$113$6
44 years$996$594$340$189$102$5
45 years$963$567$320$174$93$4
46 years$931$541$300$161$84$4
47 years$901$516$282$149$77$3
48 years$872$492$265$138$70$3
49 years$845$470$249$127$63$2
50 years$818$449$234$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $838,000, adding $5,387 every year, while hoping to spend $45,134 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: 42/42/16 Blend
44$838,000$838,000$838,000$838,000
45$929,033$884,619$871,630$963,489
46$975,772$879,943$852,807$983,635
47$1,025,766$873,525$831,841$1,000,583
48$1,079,298$865,233$808,613$1,017,973
49$1,136,682$854,924$782,996$1,035,866
50$1,198,259$842,450$754,862$1,054,332
51$1,264,404$827,653$724,072$1,073,453
52$1,335,529$810,364$690,485$1,093,323
53$1,412,087$790,406$653,950$1,114,048
54$1,494,574$767,590$614,312$1,135,749
55$1,583,537$741,718$571,407$1,158,565
56$1,679,573$712,578$525,065$1,182,650
57$1,783,343$679,948$475,108$1,208,184
58$1,895,570$643,591$421,350$1,235,366
59$2,017,049$603,258$363,596$1,264,422
60$2,148,655$558,685$301,644$1,295,607
61$2,291,349$509,592$235,280$1,329,210
62$2,446,190$455,685$164,285$1,365,552
63$2,614,340$396,652$88,427$1,404,996
64$2,797,078$332,164$7,465$1,447,951
65$2,995,812$261,872$0$1,494,872
66$3,212,090$185,408$0$1,559,747
67$3,447,615$102,386$0$1,631,908
68$3,704,263$12,393$0$1,710,765
69$3,984,096$0$0$1,797,084
70$4,289,385$0$0$1,930,998
71$4,622,629$0$0$2,083,526
72$4,986,579$0$0$2,250,212
73$5,384,264$0$0$2,432,457
74$5,819,018$0$0$2,631,801
75$6,294,512$0$0$2,849,943
76$6,814,788$0$0$3,088,750
77$7,384,297$0$0$3,350,281
78$8,007,939$0$0$3,636,802
79$8,691,112$0$0$3,950,810
80$9,439,759$0$0$4,295,052
81$10,260,426$0$0$4,672,557
82$11,160,321$0$0$5,086,659
83$12,147,386$0$0$5,541,030
84$13,230,366$0$0$6,039,717
85$14,418,895$0$0$6,587,175
86$15,723,582$0$0$7,188,313
87$17,156,118$0$0$7,848,538
88$18,729,377$0$0$8,573,808
89$20,457,544$0$0$9,370,683
90$22,356,243$0$0$10,246,394
91$24,442,689$0$0$11,208,904
92$26,735,845$0$0$12,266,987
93$29,256,602$0$0$13,430,310
94$32,027,979$0$0$14,709,524
95$35,075,332$0$0$16,116,360
96$38,426,602$0$0$17,663,748
97$42,112,569$0$0$19,365,930
98$46,167,148$0$0$21,238,599
99$50,627,705$0$0$23,299,047
100$55,535,412$0$0$25,566,326