Can I retire at age 45 with 839,000?

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 $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%11.8%
1 years$69,284$68,667$68,065$67,477$66,903$66,398
2 years$34,299$33,660$33,041$32,441$31,859$31,349
3 years$22,639$21,997$21,380$20,785$20,212$19,715
4 years$16,810$16,170$15,559$14,975$14,416$13,934
5 years$13,313$12,678$12,074$11,502$10,959$10,493
6 years$10,983$10,352$9,758$9,198$8,671$8,223
7 years$9,320$8,694$8,109$7,562$7,052$6,622
8 years$8,072$7,452$6,877$6,344$5,850$5,438
9 years$7,103$6,489$5,923$5,404$4,927$4,532
10 years$6,327$5,719$5,164$4,658$4,198$3,820
11 years$5,694$5,092$4,546$4,054$3,610$3,250
12 years$5,166$4,570$4,035$3,556$3,129$2,785
13 years$4,720$4,130$3,605$3,139$2,728$2,401
14 years$4,337$3,754$3,239$2,787$2,392$2,080
15 years$4,006$3,429$2,924$2,485$2,106$1,810
16 years$3,717$3,146$2,651$2,225$1,861$1,580
17 years$3,462$2,898$2,413$1,999$1,650$1,384
18 years$3,236$2,678$2,202$1,802$1,467$1,215
19 years$3,033$2,482$2,016$1,628$1,308$1,070
20 years$2,851$2,306$1,850$1,475$1,168$943
21 years$2,687$2,148$1,702$1,338$1,045$833
22 years$2,538$2,005$1,569$1,217$937$737
23 years$2,402$1,875$1,448$1,108$841$653
24 years$2,277$1,757$1,339$1,011$756$579
25 years$2,163$1,649$1,241$923$680$514
26 years$2,058$1,550$1,151$844$613$456
27 years$1,960$1,458$1,068$772$552$406
28 years$1,870$1,374$993$708$498$361
29 years$1,786$1,296$924$649$450$321
30 years$1,708$1,224$861$596$407$286
31 years$1,635$1,157$803$547$368$255
32 years$1,567$1,095$749$503$333$227
33 years$1,503$1,037$699$462$301$203
34 years$1,442$983$653$425$273$181
35 years$1,386$932$611$392$247$161
36 years$1,333$885$571$361$224$144
37 years$1,282$840$535$332$203$128
38 years$1,235$799$501$306$184$115
39 years$1,190$760$469$282$167$102
40 years$1,147$723$440$260$151$91
41 years$1,107$688$412$240$137$82
42 years$1,068$655$387$222$124$73
43 years$1,032$624$363$205$113$65
44 years$997$595$341$189$103$58
45 years$964$567$320$175$93$52
46 years$932$541$300$161$84$47
47 years$902$517$282$149$77$42
48 years$873$493$265$138$70$37
49 years$846$471$249$127$63$33
50 years$819$450$234$118$57$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $839,000, adding $4,071 every year, while hoping to spend $26,717 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: 37/34/29 Blend
44$839,000$839,000$839,000$839,000
45$928,777$884,310$871,306$954,972
46$995,086$899,215$872,068$989,645
47$1,067,262$913,954$871,960$1,024,356
48$1,145,877$928,492$870,925$1,061,345
49$1,231,558$942,790$868,902$1,100,834
50$1,324,996$956,805$865,829$1,143,073
51$1,426,951$970,494$861,640$1,188,336
52$1,538,259$983,807$856,264$1,236,925
53$1,659,842$996,695$849,630$1,289,176
54$1,792,715$1,009,101$841,660$1,345,461
55$1,937,992$1,020,967$832,277$1,406,190
56$2,096,904$1,032,232$821,395$1,471,817
57$2,270,804$1,042,827$808,927$1,542,844
58$2,461,183$1,052,682$794,783$1,619,825
59$2,669,681$1,061,721$778,865$1,703,374
60$2,898,105$1,069,862$761,074$1,794,169
61$3,148,447$1,077,020$741,305$1,892,960
62$3,422,897$1,083,103$719,448$2,000,574
63$3,723,871$1,088,013$695,387$2,117,928
64$4,054,027$1,091,647$669,004$2,246,031
65$4,416,293$1,093,894$640,172$2,386,002
66$4,813,897$1,094,636$608,760$2,539,075
67$5,250,392$1,093,750$574,630$2,706,613
68$5,729,691$1,091,104$537,639$2,890,122
69$6,256,108$1,086,556$497,638$3,091,265
70$6,834,391$1,079,958$454,470$3,311,880
71$7,469,775$1,071,151$407,970$3,553,995
72$8,168,023$1,059,969$357,968$3,819,849
73$8,935,487$1,046,233$304,286$4,111,915
74$9,779,164$1,029,755$246,737$4,432,923
75$10,706,761$1,010,336$185,125$4,785,886
76$11,726,773$987,765$119,249$5,174,133
77$12,848,555$961,817$48,895$5,601,333
78$14,082,418$932,255$0$6,071,540
79$15,439,718$898,829$0$6,597,330
80$16,932,971$861,274$0$7,192,207
81$18,575,966$819,308$0$7,846,549
82$20,383,894$772,634$0$8,566,442
83$22,373,497$720,939$0$9,358,601
84$24,563,218$663,889$0$10,230,426
85$26,973,381$601,134$0$11,190,078
86$29,626,379$532,303$0$12,246,555
87$32,546,887$457,003$0$13,409,777
88$35,762,093$374,820$0$14,690,681
89$39,301,956$285,315$0$16,101,326
90$43,199,487$188,027$0$17,655,006
91$47,491,061$82,467$0$19,366,377
92$52,216,760$0$0$21,251,599
93$57,420,752$0$0$23,340,412
94$63,151,703$0$0$25,674,872
95$69,463,244$0$0$28,245,989
96$76,414,470$0$0$31,077,858
97$84,070,498$0$0$34,197,027
98$92,503,087$0$0$37,632,751
99$101,791,308$0$0$41,417,270
100$112,022,293$0$0$45,586,108