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%15.1%
1 years$69,284$68,667$68,065$67,477$66,903$65,499
2 years$34,299$33,660$33,041$32,441$31,859$30,450
3 years$22,639$21,997$21,380$20,785$20,212$18,844
4 years$16,810$16,170$15,559$14,975$14,416$13,098
5 years$13,313$12,678$12,074$11,502$10,959$9,695
6 years$10,983$10,352$9,758$9,198$8,671$7,464
7 years$9,320$8,694$8,109$7,562$7,052$5,900
8 years$8,072$7,452$6,877$6,344$5,850$4,754
9 years$7,103$6,489$5,923$5,404$4,927$3,885
10 years$6,327$5,719$5,164$4,658$4,198$3,210
11 years$5,694$5,092$4,546$4,054$3,610$2,675
12 years$5,166$4,570$4,035$3,556$3,129$2,245
13 years$4,720$4,130$3,605$3,139$2,728$1,894
14 years$4,337$3,754$3,239$2,787$2,392$1,605
15 years$4,006$3,429$2,924$2,485$2,106$1,365
16 years$3,717$3,146$2,651$2,225$1,861$1,165
17 years$3,462$2,898$2,413$1,999$1,650$997
18 years$3,236$2,678$2,202$1,802$1,467$855
19 years$3,033$2,482$2,016$1,628$1,308$734
20 years$2,851$2,306$1,850$1,475$1,168$632
21 years$2,687$2,148$1,702$1,338$1,045$544
22 years$2,538$2,005$1,569$1,217$937$470
23 years$2,402$1,875$1,448$1,108$841$405
24 years$2,277$1,757$1,339$1,011$756$350
25 years$2,163$1,649$1,241$923$680$303
26 years$2,058$1,550$1,151$844$613$262
27 years$1,960$1,458$1,068$772$552$227
28 years$1,870$1,374$993$708$498$197
29 years$1,786$1,296$924$649$450$170
30 years$1,708$1,224$861$596$407$148
31 years$1,635$1,157$803$547$368$128
32 years$1,567$1,095$749$503$333$111
33 years$1,503$1,037$699$462$301$96
34 years$1,442$983$653$425$273$84
35 years$1,386$932$611$392$247$73
36 years$1,333$885$571$361$224$63
37 years$1,282$840$535$332$203$55
38 years$1,235$799$501$306$184$47
39 years$1,190$760$469$282$167$41
40 years$1,147$723$440$260$151$36
41 years$1,107$688$412$240$137$31
42 years$1,068$655$387$222$124$27
43 years$1,032$624$363$205$113$23
44 years$997$595$341$189$103$20
45 years$964$567$320$175$93$18
46 years$932$541$300$161$84$15
47 years$902$517$282$149$77$13
48 years$873$493$265$138$70$12
49 years$846$471$249$127$63$10
50 years$819$450$234$118$57$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $839,000, adding $4,787 every year, while hoping to spend $39,582 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: 41/39/20 Blend
44$839,000$839,000$839,000$839,000
45$929,516$885,049$872,044$961,974
46$982,211$886,301$859,143$986,811
47$1,038,955$886,288$844,483$1,009,503
48$1,100,119$884,907$827,963$1,033,250
49$1,166,110$882,046$809,478$1,058,170
50$1,237,375$877,588$788,918$1,084,395
51$1,314,408$871,411$766,168$1,112,072
52$1,397,749$863,382$741,106$1,141,366
53$1,487,994$853,361$713,606$1,172,465
54$1,585,794$841,201$683,537$1,205,575
55$1,691,870$826,745$650,761$1,240,928
56$1,807,012$809,827$615,133$1,278,784
57$1,932,090$790,270$576,502$1,319,434
58$2,068,060$767,890$534,711$1,363,200
59$2,215,973$742,488$489,596$1,410,443
60$2,376,989$713,856$440,984$1,461,565
61$2,552,380$681,774$388,695$1,517,015
62$2,743,549$646,006$332,542$1,577,293
63$2,952,037$606,308$272,329$1,642,952
64$3,179,544$562,416$207,851$1,714,612
65$3,427,939$514,055$138,895$1,792,960
66$3,699,278$460,933$65,237$1,878,761
67$3,995,827$402,741$0$1,972,863
68$4,320,079$339,154$0$2,079,062
69$4,674,781$269,826$0$2,210,595
70$5,062,954$194,393$0$2,354,743
71$5,487,929$112,472$0$2,512,852
72$5,953,371$23,656$0$2,686,412
73$6,463,317$0$0$2,877,071
74$7,022,212$0$0$3,117,759
75$7,634,953$0$0$3,392,874
76$8,306,932$0$0$3,694,700
77$9,044,090$0$0$4,025,919
78$9,852,968$0$0$4,389,484
79$10,740,772$0$0$4,788,650
80$11,715,441$0$0$5,227,001
81$12,785,718$0$0$5,708,486
82$13,961,235$0$0$6,237,455
83$15,252,604$0$0$6,818,700
84$16,671,512$0$0$7,457,500
85$18,230,838$0$0$8,159,672
86$19,944,769$0$0$8,931,622
87$21,828,934$0$0$9,780,411
88$23,900,552$0$0$10,713,816
89$26,178,595$0$0$11,740,406
90$28,683,964$0$0$12,869,623
91$31,439,688$0$0$14,111,867
92$34,471,140$0$0$15,478,602
93$37,806,275$0$0$16,982,454
94$41,475,894$0$0$18,637,337
95$45,513,937$0$0$20,458,583
96$49,957,795$0$0$22,463,083
97$54,848,673$0$0$24,669,451
98$60,231,968$0$0$27,098,194
99$66,157,705$0$0$29,771,913
100$72,681,002$0$0$32,715,506