Can I retire at age 45 with 803,000?

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 $803,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$66,311$65,720$65,144$64,582$64,032$62,308
2 years$32,827$32,216$31,623$31,049$30,492$28,766
3 years$21,667$21,053$20,462$19,893$19,345$17,673
4 years$16,089$15,476$14,891$14,332$13,797$12,191
5 years$12,742$12,134$11,556$11,008$10,488$8,953
6 years$10,512$9,908$9,339$8,803$8,299$6,836
7 years$8,920$8,321$7,761$7,238$6,749$5,359
8 years$7,726$7,132$6,582$6,072$5,599$4,280
9 years$6,798$6,210$5,669$5,172$4,715$3,467
10 years$6,056$5,474$4,942$4,458$4,018$2,838
11 years$5,449$4,873$4,351$3,880$3,455$2,342
12 years$4,944$4,374$3,862$3,403$2,994$1,946
13 years$4,517$3,953$3,450$3,004$2,611$1,625
14 years$4,151$3,593$3,100$2,667$2,289$1,363
15 years$3,834$3,282$2,799$2,379$2,015$1,148
16 years$3,558$3,011$2,538$2,130$1,781$969
17 years$3,314$2,773$2,309$1,914$1,579$820
18 years$3,097$2,563$2,108$1,724$1,404$696
19 years$2,903$2,375$1,930$1,558$1,252$591
20 years$2,729$2,207$1,771$1,411$1,118$503
21 years$2,572$2,056$1,629$1,281$1,000$428
22 years$2,429$1,919$1,501$1,165$897$365
23 years$2,299$1,795$1,386$1,061$805$312
24 years$2,180$1,682$1,282$967$724$266
25 years$2,070$1,578$1,187$883$651$227
26 years$1,969$1,483$1,101$808$586$194
27 years$1,876$1,396$1,023$739$529$166
28 years$1,790$1,315$951$677$477$142
29 years$1,709$1,241$885$621$431$122
30 years$1,635$1,172$824$570$389$104
31 years$1,565$1,108$768$524$352$89
32 years$1,499$1,048$717$481$318$76
33 years$1,438$993$669$442$288$66
34 years$1,381$941$625$407$261$56
35 years$1,326$892$585$375$236$48
36 years$1,275$847$547$345$214$41
37 years$1,227$804$512$318$194$35
38 years$1,182$764$479$293$176$30
39 years$1,139$727$449$270$160$26
40 years$1,098$692$421$249$145$22
41 years$1,059$658$395$230$131$19
42 years$1,022$627$370$212$119$16
43 years$987$597$347$196$108$14
44 years$954$569$326$181$98$12
45 years$922$543$306$167$89$10
46 years$892$518$288$154$81$9
47 years$863$494$270$143$73$8
48 years$836$472$254$132$67$7
49 years$809$451$239$122$61$6
50 years$784$430$224$113$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $803,000, adding $2,189 every year, while hoping to spend $47,988 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: 69/23/8 Blend
44$803,000$803,000$803,000$803,000
45$887,164$844,605$832,158$946,972
46$926,596$834,932$808,977$977,201
47$968,441$823,176$783,410$1,004,205
48$1,012,896$809,186$755,328$1,032,450
49$1,060,174$792,798$724,594$1,062,049
50$1,110,509$773,843$691,066$1,093,126
51$1,164,158$752,137$654,593$1,125,820
52$1,221,400$727,491$615,020$1,160,286
53$1,282,544$699,699$572,184$1,196,695
54$1,347,926$668,547$525,915$1,235,237
55$1,417,916$633,807$476,035$1,276,124
56$1,492,919$595,239$422,357$1,319,591
57$1,573,379$552,588$364,689$1,365,897
58$1,659,783$505,584$302,825$1,415,333
59$1,752,667$453,944$236,556$1,468,219
60$1,852,619$397,367$165,660$1,524,911
61$1,960,282$335,534$89,906$1,585,804
62$2,076,366$268,111$9,054$1,651,335
63$2,201,649$194,742$0$1,721,992
64$2,336,986$115,053$0$1,804,904
65$2,483,317$28,648$0$1,895,328
66$2,641,674$0$0$1,993,177
67$2,813,192$0$0$2,115,629
68$2,999,121$0$0$2,256,266
69$3,200,832$0$0$2,408,881
70$3,419,836$0$0$2,574,620
71$3,657,793$0$0$2,754,746
72$3,916,528$0$0$2,950,647
73$4,198,052$0$0$3,163,849
74$4,504,577$0$0$3,396,034
75$4,838,533$0$0$3,649,049
76$5,202,600$0$0$3,924,931
77$5,599,723$0$0$4,225,918
78$6,033,147$0$0$4,554,477
79$6,506,440$0$0$4,913,320
80$7,023,534$0$0$5,305,435
81$7,588,754$0$0$5,734,111
82$8,206,865$0$0$6,202,969
83$8,883,111$0$0$6,715,996
84$9,623,267$0$0$7,277,582
85$10,433,692$0$0$7,892,561
86$11,321,390$0$0$8,566,256
87$12,294,072$0$0$9,304,532
88$13,360,231$0$0$10,113,844
89$14,529,222$0$0$11,001,303
90$15,811,347$0$0$11,974,742
91$17,217,953$0$0$13,042,789
92$18,761,538$0$0$14,214,945
93$20,455,872$0$0$15,501,677
94$22,316,118$0$0$16,914,515
95$24,358,982$0$0$18,466,160
96$26,602,867$0$0$20,170,604
97$29,068,045$0$0$22,043,259
98$31,776,849$0$0$24,101,105
99$34,753,883$0$0$26,362,849
100$38,026,252$0$0$28,849,098