Can I retire at age 45 with 802,000?

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 $802,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$66,228$65,638$65,063$64,501$63,953$62,867
2 years$32,786$32,176$31,584$31,010$30,454$29,364
3 years$21,640$21,027$20,437$19,869$19,321$18,260
4 years$16,069$15,457$14,873$14,314$13,780$12,756
5 years$12,726$12,119$11,542$10,995$10,475$9,492
6 years$10,499$9,896$9,328$8,792$8,289$7,347
7 years$8,909$8,310$7,751$7,229$6,741$5,841
8 years$7,716$7,124$6,574$6,064$5,592$4,734
9 years$6,789$6,202$5,662$5,165$4,710$3,892
10 years$6,048$5,467$4,936$4,452$4,013$3,235
11 years$5,443$4,867$4,346$3,875$3,451$2,713
12 years$4,938$4,368$3,857$3,399$2,991$2,291
13 years$4,511$3,948$3,446$3,001$2,608$1,946
14 years$4,146$3,588$3,096$2,664$2,286$1,660
15 years$3,830$3,278$2,795$2,376$2,013$1,422
16 years$3,553$3,008$2,534$2,127$1,779$1,222
17 years$3,309$2,770$2,306$1,911$1,577$1,053
18 years$3,093$2,559$2,105$1,722$1,402$910
19 years$2,900$2,372$1,927$1,556$1,250$787
20 years$2,726$2,204$1,769$1,409$1,117$683
21 years$2,569$2,053$1,627$1,279$999$593
22 years$2,426$1,917$1,499$1,163$896$515
23 years$2,296$1,793$1,384$1,059$804$448
24 years$2,177$1,679$1,280$966$723$390
25 years$2,068$1,576$1,186$882$650$340
26 years$1,967$1,481$1,100$807$586$297
27 years$1,874$1,394$1,021$738$528$259
28 years$1,787$1,314$949$677$477$226
29 years$1,707$1,239$884$620$430$198
30 years$1,633$1,170$823$569$389$173
31 years$1,563$1,106$767$523$351$151
32 years$1,497$1,047$716$481$318$132
33 years$1,436$991$668$442$288$116
34 years$1,379$940$625$407$261$101
35 years$1,325$891$584$374$236$89
36 years$1,274$846$546$345$214$77
37 years$1,226$803$511$318$194$68
38 years$1,180$764$479$293$176$59
39 years$1,137$726$449$270$159$52
40 years$1,096$691$420$249$144$46
41 years$1,058$658$394$230$131$40
42 years$1,021$626$370$212$119$35
43 years$986$597$347$196$108$31
44 years$953$569$326$181$98$27
45 years$921$542$306$167$89$23
46 years$891$517$287$154$81$21
47 years$862$494$270$142$73$18
48 years$835$471$254$132$67$16
49 years$808$450$238$122$60$14
50 years$783$430$224$112$55$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $802,000, adding $5,418 every year, while hoping to spend $37,077 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: 70/6/24 Blend
44$802,000$802,000$802,000$802,000
45$889,393$846,887$834,456$945,899
46$940,661$848,934$822,960$986,435
47$995,916$849,840$809,837$1,025,963
48$1,055,526$849,508$794,993$1,068,348
49$1,119,893$847,838$778,329$1,113,872
50$1,189,462$844,722$759,742$1,162,843
51$1,264,720$840,046$739,127$1,215,606
52$1,346,203$833,690$716,370$1,272,537
53$1,434,501$825,526$691,353$1,334,054
54$1,530,262$815,418$663,955$1,400,619
55$1,634,197$803,222$634,046$1,472,739
56$1,747,091$788,786$601,492$1,550,978
57$1,869,805$771,948$566,153$1,635,954
58$2,003,289$752,536$527,883$1,728,353
59$2,148,585$730,371$486,527$1,828,930
60$2,306,841$705,260$441,927$1,938,519
61$2,479,321$677,000$393,914$2,058,040
62$2,667,416$645,377$342,313$2,188,510
63$2,872,655$610,163$286,943$2,331,049
64$3,096,722$571,118$227,613$2,486,895
65$3,341,474$527,988$164,124$2,657,412
66$3,608,949$480,505$96,267$2,844,107
67$3,901,397$428,384$23,827$3,048,643
68$4,221,290$371,326$0$3,272,853
69$4,571,355$309,014$0$3,532,456
70$4,954,590$241,112$0$3,823,389
71$5,374,299$167,268$0$4,142,071
72$5,834,120$87,107$0$4,491,285
73$6,338,059$234$0$4,874,095
74$6,890,529$0$0$5,293,879
75$7,496,390$0$0$5,760,548
76$8,160,995$0$0$6,272,525
77$8,890,238$0$0$6,834,343
78$9,690,613$0$0$7,451,009
79$10,569,275$0$0$8,128,042
80$11,534,101$0$0$8,871,519
81$12,593,773$0$0$9,688,135
82$13,757,853$0$0$10,585,265
83$15,036,873$0$0$11,571,033
84$16,442,438$0$0$12,654,391
85$17,987,333$0$0$13,845,200
86$19,685,641$0$0$15,154,323
87$21,552,881$0$0$16,593,729
88$23,606,146$0$0$18,176,605
89$25,864,274$0$0$19,917,480
90$28,348,015$0$0$21,832,360
91$31,080,234$0$0$23,938,881
92$34,086,121$0$0$26,256,476
93$37,393,434$0$0$28,806,554
94$41,032,754$0$0$31,612,705
95$45,037,779$0$0$34,700,922
96$49,445,636$0$0$38,099,845
97$54,297,235$0$0$41,841,029
98$59,637,654$0$0$45,959,247
99$65,516,562$0$0$50,492,812
100$71,988,689$0$0$55,483,940