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%16.1%
1 years$69,284$68,667$68,065$67,477$66,903$65,233
2 years$34,299$33,660$33,041$32,441$31,859$30,186
3 years$22,639$21,997$21,380$20,785$20,212$18,591
4 years$16,810$16,170$15,559$14,975$14,416$12,857
5 years$13,313$12,678$12,074$11,502$10,959$9,467
6 years$10,983$10,352$9,758$9,198$8,671$7,248
7 years$9,320$8,694$8,109$7,562$7,052$5,698
8 years$8,072$7,452$6,877$6,344$5,850$4,564
9 years$7,103$6,489$5,923$5,404$4,927$3,708
10 years$6,327$5,719$5,164$4,658$4,198$3,045
11 years$5,694$5,092$4,546$4,054$3,610$2,521
12 years$5,166$4,570$4,035$3,556$3,129$2,101
13 years$4,720$4,130$3,605$3,139$2,728$1,761
14 years$4,337$3,754$3,239$2,787$2,392$1,482
15 years$4,006$3,429$2,924$2,485$2,106$1,252
16 years$3,717$3,146$2,651$2,225$1,861$1,061
17 years$3,462$2,898$2,413$1,999$1,650$901
18 years$3,236$2,678$2,202$1,802$1,467$767
19 years$3,033$2,482$2,016$1,628$1,308$654
20 years$2,851$2,306$1,850$1,475$1,168$559
21 years$2,687$2,148$1,702$1,338$1,045$478
22 years$2,538$2,005$1,569$1,217$937$409
23 years$2,402$1,875$1,448$1,108$841$350
24 years$2,277$1,757$1,339$1,011$756$300
25 years$2,163$1,649$1,241$923$680$258
26 years$2,058$1,550$1,151$844$613$221
27 years$1,960$1,458$1,068$772$552$190
28 years$1,870$1,374$993$708$498$163
29 years$1,786$1,296$924$649$450$140
30 years$1,708$1,224$861$596$407$121
31 years$1,635$1,157$803$547$368$104
32 years$1,567$1,095$749$503$333$89
33 years$1,503$1,037$699$462$301$77
34 years$1,442$983$653$425$273$66
35 years$1,386$932$611$392$247$57
36 years$1,333$885$571$361$224$49
37 years$1,282$840$535$332$203$42
38 years$1,235$799$501$306$184$36
39 years$1,190$760$469$282$167$31
40 years$1,147$723$440$260$151$27
41 years$1,107$688$412$240$137$23
42 years$1,068$655$387$222$124$20
43 years$1,032$624$363$205$113$17
44 years$997$595$341$189$103$15
45 years$964$567$320$175$93$13
46 years$932$541$300$161$84$11
47 years$902$517$282$149$77$9
48 years$873$493$265$138$70$8
49 years$846$471$249$127$63$7
50 years$819$450$234$118$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $839,000, adding $2,273 every year, while hoping to spend $34,465 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: 53/37/10 Blend
44$839,000$839,000$839,000$839,000
45$926,923$882,456$869,451$973,567
46$984,798$889,025$861,907$1,012,087
47$1,047,422$894,762$852,955$1,050,052
48$1,115,242$899,588$842,512$1,090,546
49$1,188,750$903,422$830,490$1,133,818
50$1,268,489$906,176$816,798$1,180,140
51$1,355,053$907,757$801,339$1,229,813
52$1,449,098$908,066$784,013$1,283,173
53$1,551,345$907,000$764,716$1,340,587
54$1,662,585$904,446$743,337$1,402,466
55$1,783,691$900,286$719,761$1,469,260
56$1,915,623$894,396$693,869$1,541,469
57$2,059,437$886,641$665,534$1,619,646
58$2,216,295$876,882$634,625$1,704,401
59$2,387,476$864,969$601,004$1,796,409
60$2,574,390$850,744$564,529$1,896,418
61$2,778,586$834,038$525,048$2,005,250
62$3,001,770$814,674$482,406$2,123,820
63$3,245,821$792,464$436,438$2,253,133
64$3,512,809$767,209$386,972$2,394,303
65$3,805,011$738,698$333,831$2,548,560
66$4,124,935$706,707$276,828$2,717,265
67$4,475,344$671,001$215,766$2,901,917
68$4,859,278$631,329$150,444$3,104,177
69$5,280,089$587,429$80,648$3,325,875
70$5,741,465$539,019$6,157$3,569,037
71$6,247,470$485,807$0$3,835,897
72$6,802,579$427,478$0$4,136,747
73$7,411,722$363,705$0$4,467,699
74$8,080,329$294,138$0$4,831,130
75$8,814,381$218,409$0$5,230,391
76$9,620,467$136,130$0$5,669,180
77$10,505,844$46,891$0$6,151,576
78$11,478,510$0$0$6,682,080
79$12,547,270$0$0$7,285,913
80$13,721,830$0$0$7,970,590
81$15,012,879$0$0$8,723,261
82$16,432,195$0$0$9,550,804
83$17,992,754$0$0$10,460,796
84$19,708,850$0$0$11,461,585
85$21,596,234$0$0$12,562,370
86$23,672,260$0$0$13,773,283
87$25,956,046$0$0$15,105,490
88$28,468,659$0$0$16,571,293
89$31,233,309$0$0$18,184,247
90$34,275,569$0$0$19,959,286
91$37,623,619$0$0$21,912,868
92$41,308,507$0$0$24,063,123
93$45,364,441$0$0$26,430,032
94$49,829,120$0$0$29,035,607
95$54,744,076$0$0$31,904,108
96$60,155,079$0$0$35,062,262
97$66,112,557$0$0$38,539,522
98$72,672,081$0$0$42,368,340
99$79,894,881$0$0$46,584,479
100$87,848,430$0$0$51,227,342