Can I retire at age 45 with 805,000?

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 $805,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$66,476$65,884$65,306$64,742$64,192$63,233
2 years$32,909$32,296$31,702$31,126$30,568$29,603
3 years$21,721$21,106$20,513$19,943$19,393$18,454
4 years$16,129$15,515$14,928$14,368$13,831$12,924
5 years$12,774$12,164$11,585$11,036$10,514$9,642
6 years$10,538$9,933$9,362$8,825$8,320$7,483
7 years$8,942$8,342$7,780$7,256$6,766$5,966
8 years$7,745$7,150$6,598$6,087$5,613$4,849
9 years$6,815$6,226$5,683$5,185$4,727$3,999
10 years$6,071$5,488$4,955$4,469$4,028$3,334
11 years$5,463$4,885$4,362$3,889$3,464$2,805
12 years$4,956$4,385$3,871$3,412$3,002$2,376
13 years$4,528$3,963$3,459$3,012$2,618$2,025
14 years$4,162$3,602$3,108$2,674$2,295$1,734
15 years$3,844$3,290$2,806$2,384$2,020$1,490
16 years$3,566$3,019$2,544$2,135$1,786$1,285
17 years$3,322$2,780$2,315$1,918$1,583$1,111
18 years$3,105$2,569$2,113$1,729$1,408$963
19 years$2,910$2,381$1,934$1,562$1,255$837
20 years$2,736$2,213$1,775$1,415$1,121$728
21 years$2,578$2,061$1,633$1,284$1,003$635
22 years$2,435$1,924$1,505$1,167$899$554
23 years$2,305$1,799$1,390$1,063$807$484
24 years$2,185$1,686$1,285$970$725$423
25 years$2,075$1,582$1,190$886$653$370
26 years$1,974$1,487$1,104$810$588$324
27 years$1,881$1,399$1,025$741$530$284
28 years$1,794$1,319$953$679$478$249
29 years$1,714$1,244$887$623$432$218
30 years$1,639$1,175$826$572$390$192
31 years$1,569$1,110$770$525$353$168
32 years$1,503$1,051$719$482$319$148
33 years$1,442$995$671$444$289$130
34 years$1,384$943$627$408$261$114
35 years$1,330$895$586$376$237$100
36 years$1,279$849$548$346$215$88
37 years$1,230$806$513$319$194$78
38 years$1,185$766$481$294$176$68
39 years$1,141$729$450$271$160$60
40 years$1,101$693$422$250$145$53
41 years$1,062$660$396$231$132$46
42 years$1,025$629$371$213$119$41
43 years$990$599$348$196$108$36
44 years$956$571$327$181$98$32
45 years$925$544$307$168$89$28
46 years$894$519$288$155$81$24
47 years$865$496$271$143$74$22
48 years$838$473$255$132$67$19
49 years$811$452$239$122$61$17
50 years$786$432$225$113$55$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $805,000, adding $3,776 every year, while hoping to spend $24,936 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: 60/34/6 Blend
44$805,000$805,000$805,000$805,000
45$891,005$848,340$835,862$943,222
46$955,356$863,377$837,332$993,655
47$1,025,435$878,315$838,015$1,045,428
48$1,101,799$893,123$837,859$1,101,261
49$1,185,064$907,767$836,809$1,161,545
50$1,275,905$922,212$834,806$1,226,709
51$1,375,065$936,418$831,790$1,297,229
52$1,483,363$950,344$827,697$1,373,628
53$1,601,702$963,946$822,460$1,456,480
54$1,731,072$977,177$816,009$1,546,421
55$1,872,567$989,984$808,271$1,644,151
56$2,027,390$1,002,314$799,169$1,750,442
57$2,196,865$1,014,109$788,622$1,866,142
58$2,382,451$1,025,306$776,547$1,992,190
59$2,585,754$1,035,839$762,855$2,129,619
60$2,808,543$1,045,638$747,453$2,279,567
61$3,052,767$1,054,626$730,244$2,443,289
62$3,320,571$1,062,724$711,129$2,622,170
63$3,614,318$1,069,846$690,001$2,817,735
64$3,936,611$1,075,901$666,748$3,031,666
65$4,290,317$1,080,793$641,257$3,265,818
66$4,678,595$1,084,417$613,404$3,522,233
67$5,104,923$1,086,665$583,065$3,803,166
68$5,573,134$1,087,420$550,106$4,111,100
69$6,087,449$1,086,559$514,390$4,448,775
70$6,652,518$1,083,950$475,771$4,819,210
71$7,273,465$1,079,454$434,100$5,225,733
72$7,955,934$1,072,923$389,218$5,672,014
73$8,706,143$1,064,200$340,960$6,162,098
74$9,530,943$1,053,118$289,155$6,700,445
75$10,437,880$1,039,502$233,623$7,291,971
76$11,435,271$1,023,164$174,176$7,942,097
77$12,532,276$1,003,907$110,619$8,656,796
78$13,738,990$981,520$42,746$9,442,657
79$15,066,534$955,782$0$10,306,940
80$16,527,162$926,457$0$11,259,550
81$18,134,375$893,296$0$12,310,455
82$19,903,049$856,035$0$13,466,657
83$21,849,575$814,396$0$14,738,894
84$23,992,014$768,084$0$16,139,004
85$26,350,266$716,786$0$17,680,033
86$28,946,259$660,174$0$19,376,362
87$31,804,152$597,898$0$21,243,842
88$34,950,571$529,590$0$23,299,944
89$38,414,849$454,860$0$25,563,927
90$42,229,313$373,297$0$28,057,016
91$46,429,580$284,466$0$30,802,609
92$51,054,900$187,908$0$33,826,493
93$56,148,523$83,138$0$37,157,091
94$61,758,104$0$0$40,825,731
95$67,936,160$0$0$44,878,302
96$74,740,557$0$0$49,376,075
97$82,235,062$0$0$54,330,107
98$90,489,942$0$0$59,786,857
99$99,582,628$0$0$65,797,520
100$109,598,442$0$0$72,418,511