Can I retire at age 45 with 799,000?

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 $799,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$65,981$65,393$64,820$64,260$63,713$62,274
2 years$32,664$32,055$31,466$30,894$30,340$28,898
3 years$21,559$20,949$20,360$19,794$19,249$17,849
4 years$16,008$15,399$14,817$14,261$13,728$12,381
5 years$12,679$12,073$11,499$10,954$10,436$9,145
6 years$10,460$9,859$9,293$8,760$8,258$7,025
7 years$8,875$8,279$7,722$7,202$6,716$5,541
8 years$7,687$7,097$6,549$6,041$5,571$4,454
9 years$6,764$6,179$5,641$5,146$4,692$3,632
10 years$6,026$5,447$4,918$4,436$3,998$2,993
11 years$5,422$4,849$4,329$3,860$3,438$2,488
12 years$4,919$4,352$3,842$3,386$2,979$2,082
13 years$4,494$3,933$3,433$2,989$2,598$1,752
14 years$4,131$3,575$3,084$2,654$2,278$1,481
15 years$3,815$3,266$2,785$2,367$2,005$1,256
16 years$3,540$2,996$2,525$2,119$1,772$1,069
17 years$3,297$2,759$2,298$1,904$1,571$912
18 years$3,081$2,550$2,097$1,716$1,397$780
19 years$2,889$2,363$1,920$1,550$1,245$668
20 years$2,716$2,196$1,762$1,404$1,112$573
21 years$2,559$2,045$1,621$1,274$995$492
22 years$2,417$1,909$1,494$1,159$892$423
23 years$2,287$1,786$1,379$1,055$801$364
24 years$2,169$1,673$1,276$962$720$314
25 years$2,060$1,570$1,181$879$648$270
26 years$1,960$1,476$1,096$804$584$233
27 years$1,867$1,389$1,017$736$526$201
28 years$1,781$1,309$946$674$475$174
29 years$1,701$1,235$880$618$429$150
30 years$1,626$1,166$820$567$387$130
31 years$1,557$1,102$764$521$350$112
32 years$1,492$1,043$713$479$317$97
33 years$1,431$988$666$440$287$84
34 years$1,374$936$622$405$260$72
35 years$1,320$888$582$373$235$63
36 years$1,269$843$544$343$213$54
37 years$1,221$800$509$316$193$47
38 years$1,176$761$477$292$175$41
39 years$1,133$723$447$269$159$35
40 years$1,092$688$419$248$144$30
41 years$1,054$655$393$229$131$26
42 years$1,017$624$368$211$119$23
43 years$982$594$346$195$108$20
44 years$949$567$324$180$98$17
45 years$918$540$305$166$89$15
46 years$888$515$286$154$80$13
47 years$859$492$269$142$73$11
48 years$831$470$253$131$66$10
49 years$805$448$237$121$60$8
50 years$780$428$223$112$55$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $799,000, adding $2,209 every year, while hoping to spend $24,841 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: 63/24/13 Blend
44$799,000$799,000$799,000$799,000
45$882,777$840,430$828,045$935,532
46$946,389$855,180$829,354$985,892
47$1,015,658$869,821$829,874$1,037,806
48$1,091,133$884,320$829,553$1,093,881
49$1,173,420$898,644$828,335$1,154,524
50$1,263,188$912,756$826,163$1,220,180
51$1,361,169$926,617$822,975$1,291,342
52$1,468,172$940,184$818,708$1,368,550
53$1,585,086$953,414$813,296$1,452,403
54$1,712,891$966,258$806,668$1,543,559
55$1,852,666$978,664$798,751$1,642,745
56$2,005,596$990,577$789,467$1,750,759
57$2,172,990$1,001,939$778,738$1,868,484
58$2,356,288$1,012,686$766,478$1,996,893
59$2,557,074$1,022,753$752,600$2,137,057
60$2,777,094$1,032,066$737,010$2,290,158
61$3,018,270$1,040,550$719,613$2,457,500
62$3,282,721$1,048,125$700,308$2,640,517
63$3,572,779$1,054,703$678,988$2,840,794
64$3,891,012$1,060,193$655,543$3,060,076
65$4,240,249$1,064,496$629,859$3,300,287
66$4,623,608$1,067,510$601,812$3,563,549
67$5,044,522$1,069,124$571,278$3,852,201
68$5,506,771$1,069,219$538,125$4,168,821
69$6,014,524$1,067,672$502,213$4,516,251
70$6,572,367$1,064,351$463,400$4,897,625
71$7,185,358$1,059,114$421,534$5,316,397
72$7,859,067$1,051,812$376,457$5,776,377
73$8,599,629$1,042,288$328,005$6,281,762
74$9,413,805$1,030,374$276,007$6,837,181
75$10,309,043$1,015,892$220,283$7,447,735
76$11,293,548$998,654$160,646$8,119,050
77$12,376,362$978,460$96,899$8,857,325
78$13,567,445$955,099$28,840$9,669,396
79$14,877,773$928,347$0$10,562,798
80$16,319,437$897,968$0$11,551,910
81$17,905,762$863,710$0$12,644,477
82$19,651,426$825,308$0$13,846,621
83$21,572,605$782,482$0$15,169,500
84$23,687,122$734,934$0$16,625,412
85$26,014,613$682,351$0$18,227,912
86$28,576,719$624,401$0$19,991,939
87$31,397,280$560,733$0$21,933,957
88$34,502,569$490,975$0$24,072,113
89$37,921,535$414,737$0$26,426,405
90$41,686,076$331,603$0$29,018,875
91$45,831,341$241,137$0$31,873,815
92$50,396,062$142,877$0$35,017,999
93$55,422,917$36,335$0$38,480,933
94$60,958,935$0$0$42,295,138
95$67,055,937$0$0$46,517,319
96$73,771,028$0$0$51,178,174
97$81,167,133$0$0$56,311,794
98$89,313,591$0$0$61,966,316
99$98,286,812$0$0$68,194,787
100$108,170,993$0$0$75,055,662