Can I retire at age 45 with 809,000?

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 $809,000?

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 years$66,806$66,211$65,631$65,064$64,511$64,239
2 years$33,073$32,457$31,860$31,281$30,719$30,445
3 years$21,829$21,211$20,615$20,042$19,490$19,221
4 years$16,209$15,592$15,003$14,439$13,900$13,640
5 years$12,837$12,224$11,643$11,091$10,567$10,315
6 years$10,591$9,982$9,409$8,869$8,361$8,118
7 years$8,986$8,383$7,819$7,292$6,800$6,566
8 years$7,784$7,186$6,631$6,117$5,641$5,417
9 years$6,849$6,257$5,711$5,210$4,751$4,535
10 years$6,101$5,515$4,979$4,491$4,048$3,842
11 years$5,490$4,910$4,384$3,909$3,481$3,284
12 years$4,981$4,407$3,890$3,429$3,017$2,828
13 years$4,551$3,982$3,476$3,027$2,631$2,451
14 years$4,182$3,620$3,123$2,687$2,306$2,135
15 years$3,863$3,307$2,820$2,396$2,030$1,867
16 years$3,584$3,034$2,556$2,146$1,794$1,639
17 years$3,338$2,794$2,326$1,928$1,591$1,444
18 years$3,120$2,582$2,124$1,737$1,415$1,275
19 years$2,925$2,393$1,944$1,570$1,261$1,128
20 years$2,750$2,223$1,784$1,422$1,126$1,001
21 years$2,591$2,071$1,641$1,290$1,008$889
22 years$2,447$1,933$1,512$1,173$903$791
23 years$2,316$1,808$1,397$1,068$811$705
24 years$2,196$1,694$1,292$975$729$629
25 years$2,086$1,590$1,196$890$656$561
26 years$1,984$1,494$1,109$814$591$502
27 years$1,890$1,406$1,030$745$533$449
28 years$1,803$1,325$958$682$481$402
29 years$1,722$1,250$891$626$434$360
30 years$1,647$1,181$830$574$392$323
31 years$1,576$1,116$774$527$355$289
32 years$1,511$1,056$722$485$321$260
33 years$1,449$1,000$674$446$290$233
34 years$1,391$948$630$410$263$209
35 years$1,336$899$589$378$238$188
36 years$1,285$853$551$348$216$169
37 years$1,236$810$516$320$195$152
38 years$1,191$770$483$295$177$137
39 years$1,147$732$452$272$161$123
40 years$1,106$697$424$251$146$110
41 years$1,067$663$398$232$132$99
42 years$1,030$632$373$214$120$89
43 years$995$602$350$197$109$80
44 years$961$574$329$182$99$72
45 years$929$547$308$168$90$65
46 years$899$522$290$155$81$59
47 years$870$498$272$144$74$53
48 years$842$475$256$133$67$47
49 years$815$454$240$123$61$43
50 years$790$434$226$113$55$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $809,000, adding $2,804 every year, while hoping to spend $21,428 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: 46/43/11 Blend
44$809,000$809,000$809,000$809,000
45$894,410$851,533$838,994$932,669
46$962,841$870,459$844,301$978,340
47$1,037,533$889,594$849,068$1,025,428
48$1,119,104$908,926$853,253$1,076,026
49$1,208,230$928,441$856,815$1,130,468
50$1,305,659$948,124$859,708$1,189,121
51$1,412,212$967,959$861,884$1,252,387
52$1,528,796$987,927$863,295$1,320,713
53$1,656,406$1,008,008$863,888$1,394,589
54$1,796,139$1,028,181$863,609$1,474,554
55$1,949,206$1,048,421$862,400$1,561,205
56$2,116,935$1,068,705$860,201$1,655,198
57$2,300,794$1,089,003$856,949$1,757,256
58$2,502,396$1,109,285$852,578$1,868,176
59$2,723,519$1,129,519$847,018$1,988,837
60$2,966,123$1,149,670$840,198$2,120,209
61$3,232,363$1,169,699$832,040$2,263,358
62$3,524,616$1,189,566$822,465$2,419,462
63$3,845,499$1,209,228$811,390$2,589,818
64$4,197,896$1,228,635$798,728$2,775,857
65$4,584,982$1,247,739$784,386$2,979,155
66$5,010,256$1,266,484$768,268$3,201,451
67$5,477,573$1,284,813$750,276$3,444,661
68$5,991,178$1,302,662$730,303$3,710,897
69$6,555,751$1,319,964$708,241$4,002,489
70$7,176,444$1,336,649$683,973$4,322,003
71$7,858,936$1,352,640$657,381$4,672,270
72$8,609,483$1,367,854$628,339$5,056,410
73$9,434,977$1,382,206$596,715$5,477,863
74$10,343,012$1,395,602$562,373$5,940,421
75$11,341,955$1,407,942$525,168$6,448,265
76$12,441,026$1,419,122$484,952$7,006,003
77$13,650,380$1,429,029$441,568$7,618,716
78$14,981,210$1,437,543$394,852$8,292,005
79$16,445,847$1,444,537$344,633$9,032,043
80$18,057,879$1,449,874$290,734$9,845,638
81$19,832,277$1,453,412$232,967$10,740,292
82$21,785,536$1,454,997$171,139$11,724,276
83$23,935,835$1,454,465$105,046$12,806,710
84$26,303,202$1,451,646$34,477$13,997,643
85$28,909,706$1,446,354$0$15,308,155
86$31,779,667$1,438,396$0$16,755,254
87$34,939,880$1,427,564$0$18,352,239
88$38,419,873$1,413,641$0$20,109,930
89$42,252,184$1,396,393$0$22,044,714
90$46,472,666$1,375,575$0$24,174,655
91$51,120,825$1,350,926$0$26,519,664
92$56,240,197$1,322,169$0$29,101,683
93$61,878,754$1,289,012$0$31,944,898
94$68,089,359$1,251,145$0$35,075,968
95$74,930,263$1,208,241$0$38,524,272
96$82,465,656$1,159,951$0$42,322,194
97$90,766,274$1,105,909$0$46,505,424
98$99,910,061$1,045,727$0$51,113,300
99$109,982,913$978,993$0$56,189,176
100$121,079,479$905,272$0$61,780,838