Can I retire at age 45 with 806,000?

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 $806,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$66,559$65,966$65,387$64,823$64,272$63,974
2 years$32,950$32,336$31,741$31,165$30,606$30,305
3 years$21,748$21,132$20,539$19,968$19,417$19,123
4 years$16,149$15,534$14,947$14,386$13,849$13,563
5 years$12,790$12,179$11,599$11,049$10,528$10,252
6 years$10,551$9,945$9,374$8,836$8,330$8,064
7 years$8,953$8,352$7,790$7,265$6,775$6,519
8 years$7,755$7,159$6,606$6,094$5,620$5,375
9 years$6,823$6,233$5,690$5,191$4,733$4,498
10 years$6,079$5,494$4,961$4,475$4,033$3,807
11 years$5,470$4,891$4,367$3,894$3,468$3,253
12 years$4,963$4,390$3,876$3,416$3,006$2,800
13 years$4,534$3,967$3,463$3,016$2,621$2,424
14 years$4,167$3,606$3,111$2,677$2,297$2,110
15 years$3,849$3,294$2,809$2,387$2,023$1,845
16 years$3,571$3,023$2,547$2,138$1,788$1,618
17 years$3,326$2,784$2,318$1,921$1,585$1,424
18 years$3,108$2,572$2,116$1,731$1,409$1,257
19 years$2,914$2,384$1,937$1,564$1,256$1,112
20 years$2,739$2,215$1,778$1,417$1,122$985
21 years$2,581$2,063$1,635$1,286$1,004$875
22 years$2,438$1,926$1,507$1,169$900$778
23 years$2,307$1,801$1,391$1,065$808$692
24 years$2,188$1,688$1,287$971$726$617
25 years$2,078$1,584$1,192$887$654$551
26 years$1,977$1,489$1,105$811$589$492
27 years$1,883$1,401$1,026$742$531$440
28 years$1,796$1,320$954$680$479$393
29 years$1,716$1,245$888$624$432$352
30 years$1,641$1,176$827$572$391$315
31 years$1,571$1,112$771$526$353$283
32 years$1,505$1,052$719$483$320$253
33 years$1,443$996$672$444$289$227
34 years$1,386$944$628$409$262$204
35 years$1,331$896$587$376$237$183
36 years$1,280$850$549$346$215$164
37 years$1,232$807$514$319$195$148
38 years$1,186$767$481$294$177$133
39 years$1,143$730$451$271$160$119
40 years$1,102$694$423$250$145$107
41 years$1,063$661$396$231$132$96
42 years$1,026$629$372$213$120$86
43 years$991$600$349$197$108$78
44 years$958$572$327$182$98$70
45 years$926$545$307$168$89$63
46 years$895$520$289$155$81$56
47 years$866$496$271$143$74$51
48 years$839$474$255$132$67$46
49 years$812$452$240$122$61$41
50 years$787$432$225$113$55$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $806,000, adding $4,437 every year, while hoping to spend $25,555 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: 54/18/28 Blend
44$806,000$806,000$806,000$806,000
45$892,789$850,071$837,578$933,834
46$956,663$864,534$838,446$977,154
47$1,026,196$878,849$838,487$1,021,310
48$1,101,937$892,983$837,646$1,068,872
49$1,184,493$906,897$835,866$1,120,178
50$1,274,530$920,553$833,086$1,175,600
51$1,372,781$933,909$829,243$1,235,548
52$1,480,053$946,920$824,271$1,300,475
53$1,597,236$959,536$818,101$1,370,880
54$1,725,306$971,706$810,661$1,447,315
55$1,865,343$983,374$801,873$1,530,389
56$2,018,530$994,482$791,658$1,620,772
57$2,186,175$1,004,967$779,934$1,719,207
58$2,369,716$1,014,760$766,612$1,826,510
59$2,570,734$1,023,791$751,601$1,943,585
60$2,790,975$1,031,983$734,805$2,071,426
61$3,032,358$1,039,253$716,124$2,211,132
62$3,296,998$1,045,516$695,454$2,363,915
63$3,587,224$1,050,680$672,685$2,531,112
64$3,905,603$1,054,645$647,702$2,714,198
65$4,254,959$1,057,307$620,384$2,914,801
66$4,638,406$1,058,556$590,608$3,134,714
67$5,059,372$1,058,274$558,242$3,375,920
68$5,521,633$1,056,335$523,149$3,640,601
69$6,029,351$1,052,606$485,185$3,931,168
70$6,587,108$1,046,947$444,202$4,250,278
71$7,199,953$1,039,207$400,043$4,600,862
72$7,873,449$1,029,229$352,545$4,986,153
73$8,613,722$1,016,843$301,537$5,409,716
74$9,427,525$1,001,872$246,842$5,875,485
75$10,322,295$984,126$188,273$6,387,794
76$11,306,226$963,405$125,637$6,951,428
77$12,388,346$939,497$58,731$7,571,660
78$13,578,603$912,177$0$8,254,305
79$14,887,954$881,208$0$9,009,562
80$16,328,477$846,338$0$9,859,689
81$17,913,474$807,301$0$10,794,987
82$19,657,604$763,815$0$11,824,125
83$21,577,020$715,582$0$12,956,658
84$23,689,518$662,288$0$14,203,118
85$26,014,708$603,599$0$15,575,108
86$28,574,196$539,163$0$17,085,421
87$31,391,791$468,609$0$18,748,154
88$34,493,725$391,543$0$20,578,841
89$37,908,906$307,549$0$22,594,606
90$41,669,186$216,190$0$24,814,321
91$45,809,661$117,001$0$27,258,781
92$50,369,007$9,495$0$29,950,910
93$55,389,838$0$0$32,915,968
94$60,919,116$0$0$36,202,960
95$67,008,584$0$0$39,825,144
96$73,715,263$0$0$43,814,569
97$81,101,985$0$0$48,208,625
98$89,237,988$0$0$53,048,511
99$98,199,566$0$0$58,379,627
100$108,070,793$0$0$64,252,002