Can I retire at age 45 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$69,284$68,667$68,065$67,477$66,903$65,687
2 years$34,299$33,660$33,041$32,441$31,859$30,637
3 years$22,639$21,997$21,380$20,785$20,212$19,025
4 years$16,810$16,170$15,559$14,975$14,416$13,270
5 years$13,313$12,678$12,074$11,502$10,959$9,859
6 years$10,983$10,352$9,758$9,198$8,671$7,618
7 years$9,320$8,694$8,109$7,562$7,052$6,046
8 years$8,072$7,452$6,877$6,344$5,850$4,892
9 years$7,103$6,489$5,923$5,404$4,927$4,015
10 years$6,327$5,719$5,164$4,658$4,198$3,331
11 years$5,694$5,092$4,546$4,054$3,610$2,788
12 years$5,166$4,570$4,035$3,556$3,129$2,350
13 years$4,720$4,130$3,605$3,139$2,728$1,992
14 years$4,337$3,754$3,239$2,787$2,392$1,696
15 years$4,006$3,429$2,924$2,485$2,106$1,450
16 years$3,717$3,146$2,651$2,225$1,861$1,244
17 years$3,462$2,898$2,413$1,999$1,650$1,069
18 years$3,236$2,678$2,202$1,802$1,467$922
19 years$3,033$2,482$2,016$1,628$1,308$796
20 years$2,851$2,306$1,850$1,475$1,168$688
21 years$2,687$2,148$1,702$1,338$1,045$596
22 years$2,538$2,005$1,569$1,217$937$517
23 years$2,402$1,875$1,448$1,108$841$449
24 years$2,277$1,757$1,339$1,011$756$390
25 years$2,163$1,649$1,241$923$680$339
26 years$2,058$1,550$1,151$844$613$295
27 years$1,960$1,458$1,068$772$552$257
28 years$1,870$1,374$993$708$498$224
29 years$1,786$1,296$924$649$450$195
30 years$1,708$1,224$861$596$407$170
31 years$1,635$1,157$803$547$368$148
32 years$1,567$1,095$749$503$333$129
33 years$1,503$1,037$699$462$301$113
34 years$1,442$983$653$425$273$99
35 years$1,386$932$611$392$247$86
36 years$1,333$885$571$361$224$75
37 years$1,282$840$535$332$203$66
38 years$1,235$799$501$306$184$57
39 years$1,190$760$469$282$167$50
40 years$1,147$723$440$260$151$44
41 years$1,107$688$412$240$137$38
42 years$1,068$655$387$222$124$33
43 years$1,032$624$363$205$113$29
44 years$997$595$341$189$103$25
45 years$964$567$320$175$93$22
46 years$932$541$300$161$84$19
47 years$902$517$282$149$77$17
48 years$873$493$265$138$70$15
49 years$846$471$249$127$63$13
50 years$819$450$234$118$57$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $839,000, adding $2,815 every year, while hoping to spend $29,867 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: 35/48/17 Blend
44$839,000$839,000$839,000$839,000
45$927,482$883,015$870,010$955,013
46$990,307$894,504$867,377$986,819
47$1,058,539$905,556$863,655$1,018,111
48$1,132,698$916,116$858,776$1,051,242
49$1,213,356$926,129$852,668$1,086,389
50$1,301,143$935,534$845,257$1,123,753
51$1,396,751$944,266$836,464$1,163,555
52$1,500,941$952,257$826,208$1,206,039
53$1,614,554$959,435$814,402$1,251,477
54$1,738,511$965,720$800,958$1,300,171
55$1,873,830$971,030$785,780$1,352,454
56$2,021,627$975,277$768,770$1,408,695
57$2,183,134$978,367$749,826$1,469,305
58$2,359,708$980,201$728,838$1,534,736
59$2,552,839$980,672$705,696$1,605,492
60$2,764,172$979,668$680,280$1,682,130
61$2,995,515$977,070$652,467$1,765,264
62$3,248,862$972,750$622,129$1,855,578
63$3,526,406$966,575$589,130$1,953,826
64$3,830,563$958,401$553,329$2,060,844
65$4,163,994$948,077$514,580$2,177,556
66$4,529,632$935,442$472,729$2,304,985
67$4,930,703$920,327$427,614$2,444,262
68$5,370,763$902,552$379,067$2,596,638
69$5,853,729$881,925$326,914$2,763,497
70$6,383,915$858,245$270,971$2,946,370
71$6,966,072$831,297$211,047$3,146,948
72$7,605,436$800,855$146,941$3,367,100
73$8,307,773$766,680$78,446$3,608,895
74$9,079,436$728,517$5,344$3,874,616
75$9,927,423$686,098$0$4,166,788
76$10,859,444$639,141$0$4,501,381
77$11,883,992$587,345$0$4,870,188
78$13,010,427$530,392$0$5,275,687
79$14,249,058$467,948$0$5,721,686
80$15,611,243$399,659$0$6,212,387
81$17,109,498$325,150$0$6,752,429
82$18,757,610$244,026$0$7,346,931
83$20,570,773$155,870$0$8,001,541
84$22,565,725$60,241$0$8,722,493
85$24,760,909$0$0$9,516,667
86$27,176,647$0$0$10,414,537
87$29,835,329$0$0$11,437,864
88$32,761,626$0$0$12,564,344
89$35,982,723$0$0$13,804,459
90$39,528,574$0$0$15,169,760
91$43,432,183$0$0$16,672,975
92$47,729,918$0$0$18,328,129
93$52,461,854$0$0$20,150,675
94$57,672,146$0$0$22,157,643
95$63,409,453$0$0$24,367,798
96$69,727,390$0$0$26,801,815
97$76,685,036$0$0$29,482,480
98$84,347,495$0$0$32,434,900
99$92,786,502$0$0$35,686,740
100$102,081,109$0$0$39,268,488