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%17.7%
1 years$69,284$68,667$68,065$67,477$66,903$64,813
2 years$34,299$33,660$33,041$32,441$31,859$29,772
3 years$22,639$21,997$21,380$20,785$20,212$18,194
4 years$16,810$16,170$15,559$14,975$14,416$12,481
5 years$13,313$12,678$12,074$11,502$10,959$9,113
6 years$10,983$10,352$9,758$9,198$8,671$6,917
7 years$9,320$8,694$8,109$7,562$7,052$5,388
8 years$8,072$7,452$6,877$6,344$5,850$4,276
9 years$7,103$6,489$5,923$5,404$4,927$3,440
10 years$6,327$5,719$5,164$4,658$4,198$2,796
11 years$5,694$5,092$4,546$4,054$3,610$2,292
12 years$5,166$4,570$4,035$3,556$3,129$1,890
13 years$4,720$4,130$3,605$3,139$2,728$1,567
14 years$4,337$3,754$3,239$2,787$2,392$1,305
15 years$4,006$3,429$2,924$2,485$2,106$1,090
16 years$3,717$3,146$2,651$2,225$1,861$913
17 years$3,462$2,898$2,413$1,999$1,650$767
18 years$3,236$2,678$2,202$1,802$1,467$645
19 years$3,033$2,482$2,016$1,628$1,308$543
20 years$2,851$2,306$1,850$1,475$1,168$458
21 years$2,687$2,148$1,702$1,338$1,045$387
22 years$2,538$2,005$1,569$1,217$937$327
23 years$2,402$1,875$1,448$1,108$841$277
24 years$2,277$1,757$1,339$1,011$756$234
25 years$2,163$1,649$1,241$923$680$198
26 years$2,058$1,550$1,151$844$613$168
27 years$1,960$1,458$1,068$772$552$143
28 years$1,870$1,374$993$708$498$121
29 years$1,786$1,296$924$649$450$103
30 years$1,708$1,224$861$596$407$87
31 years$1,635$1,157$803$547$368$74
32 years$1,567$1,095$749$503$333$63
33 years$1,503$1,037$699$462$301$53
34 years$1,442$983$653$425$273$45
35 years$1,386$932$611$392$247$38
36 years$1,333$885$571$361$224$33
37 years$1,282$840$535$332$203$28
38 years$1,235$799$501$306$184$23
39 years$1,190$760$469$282$167$20
40 years$1,147$723$440$260$151$17
41 years$1,107$688$412$240$137$14
42 years$1,068$655$387$222$124$12
43 years$1,032$624$363$205$113$10
44 years$997$595$341$189$103$9
45 years$964$567$320$175$93$7
46 years$932$541$300$161$84$6
47 years$902$517$282$149$77$5
48 years$873$493$265$138$70$5
49 years$846$471$249$127$63$4
50 years$819$450$234$118$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $839,000, adding $3,914 every year, while hoping to spend $29,570 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: 28/50/22 Blend
44$839,000$839,000$839,000$839,000
45$928,615$884,148$871,144$948,097
46$991,872$896,009$868,865$975,464
47$1,060,589$907,460$865,519$1,001,973
48$1,135,294$918,450$861,038$1,029,831
49$1,216,564$928,924$855,352$1,059,172
50$1,305,036$938,824$848,389$1,090,146
51$1,401,409$948,087$840,070$1,122,917
52$1,506,456$956,646$830,316$1,157,672
53$1,621,024$964,431$819,040$1,194,615
54$1,746,046$971,366$806,156$1,233,974
55$1,882,551$977,370$791,570$1,276,003
56$2,031,668$982,359$775,185$1,320,985
57$2,194,645$986,241$756,900$1,369,233
58$2,372,851$988,919$736,608$1,421,096
59$2,567,796$990,290$714,199$1,476,959
60$2,781,142$990,245$689,556$1,537,252
61$3,014,719$988,668$662,557$1,602,451
62$3,270,544$985,436$633,075$1,673,085
63$3,550,834$980,417$600,979$1,749,740
64$3,858,035$973,474$566,127$1,833,065
65$4,194,839$964,458$528,377$1,923,782
66$4,564,210$953,214$487,575$2,022,689
67$4,969,414$939,576$443,563$2,130,670
68$5,414,048$923,369$396,176$2,248,706
69$5,902,074$904,407$345,241$2,377,883
70$6,437,856$882,494$290,578$2,519,404
71$7,026,202$857,420$231,996$2,674,599
72$7,672,407$828,966$169,300$2,844,943
73$8,382,305$796,898$102,285$3,032,066
74$9,162,323$760,969$30,734$3,237,774
75$10,019,541$720,918$0$3,464,062
76$10,961,759$676,468$0$3,723,850
77$11,997,571$627,327$0$4,017,266
78$13,136,443$573,186$0$4,339,847
79$14,388,807$513,718$0$4,694,639
80$15,766,153$448,579$0$5,085,007
81$17,281,145$377,403$0$5,514,666
82$18,947,731$299,805$0$5,987,718
83$20,781,281$215,377$0$6,508,691
84$22,798,732$123,691$0$7,082,585
85$25,018,742$24,291$0$7,714,918
86$27,461,871$0$0$8,411,783
87$30,150,773$0$0$9,225,737
88$33,110,408$0$0$10,136,518
89$36,368,280$0$0$11,139,246
90$39,954,694$0$0$12,243,269
91$43,903,044$0$0$13,458,890
92$48,250,123$0$0$14,797,458
93$53,036,477$0$0$16,271,481
94$58,306,781$0$0$17,894,743
95$64,110,265$0$0$19,682,429
96$70,501,175$0$0$21,651,276
97$77,539,284$0$0$23,819,724
98$85,290,461$0$0$26,208,095
99$93,827,286$0$0$28,838,780
100$103,229,740$0$0$31,736,455