Can I retire at age 45 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$67,054$66,457$65,874$65,305$64,750$64,234
2 years$33,195$32,577$31,978$31,397$30,833$30,314
3 years$21,910$21,289$20,692$20,116$19,562$19,054
4 years$16,269$15,650$15,058$14,493$13,952$13,460
5 years$12,885$12,270$11,686$11,132$10,606$10,131
6 years$10,630$10,019$9,444$8,902$8,392$7,935
7 years$9,020$8,414$7,848$7,319$6,825$6,386
8 years$7,812$7,212$6,656$6,140$5,662$5,242
9 years$6,874$6,280$5,733$5,230$4,768$4,366
10 years$6,124$5,535$4,998$4,508$4,063$3,678
11 years$5,510$4,928$4,400$3,923$3,494$3,127
12 years$5,000$4,423$3,905$3,441$3,028$2,678
13 years$4,568$3,997$3,489$3,038$2,640$2,307
14 years$4,198$3,633$3,135$2,697$2,315$1,998
15 years$3,877$3,319$2,830$2,405$2,038$1,737
16 years$3,597$3,045$2,566$2,154$1,801$1,516
17 years$3,351$2,804$2,335$1,935$1,597$1,326
18 years$3,132$2,591$2,131$1,744$1,420$1,164
19 years$2,936$2,402$1,951$1,576$1,266$1,024
20 years$2,760$2,232$1,791$1,427$1,131$902
21 years$2,601$2,079$1,647$1,295$1,012$796
22 years$2,456$1,940$1,518$1,178$907$704
23 years$2,325$1,815$1,402$1,072$814$623
24 years$2,204$1,700$1,296$978$732$552
25 years$2,093$1,596$1,201$893$658$489
26 years$1,991$1,500$1,114$817$593$434
27 years$1,897$1,411$1,034$748$535$386
28 years$1,810$1,330$961$685$482$343
29 years$1,729$1,255$895$628$436$305
30 years$1,653$1,185$833$576$394$271
31 years$1,582$1,120$777$529$356$242
32 years$1,516$1,060$725$487$322$215
33 years$1,454$1,004$677$447$291$192
34 years$1,396$951$632$412$264$171
35 years$1,341$902$591$379$239$152
36 years$1,290$856$553$349$216$136
37 years$1,241$813$518$322$196$121
38 years$1,195$773$485$296$178$108
39 years$1,151$735$454$273$161$96
40 years$1,110$699$426$252$146$86
41 years$1,071$666$399$233$133$77
42 years$1,034$634$374$215$120$69
43 years$998$604$351$198$109$61
44 years$965$576$330$183$99$55
45 years$933$549$310$169$90$49
46 years$902$524$291$156$82$44
47 years$873$500$273$144$74$39
48 years$845$477$257$133$67$35
49 years$818$456$241$123$61$31
50 years$793$435$227$114$56$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $812,000, adding $3,503 every year, while hoping to spend $52,273 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: 31/40/29 Blend
44$812,000$812,000$812,000$812,000
45$898,437$855,401$842,815$918,235
46$934,460$841,698$815,432$920,193
47$972,405$825,571$785,379$917,488
48$1,012,413$806,847$752,512$913,558
49$1,054,638$785,341$716,679$908,334
50$1,099,247$760,859$677,724$901,742
51$1,146,422$733,193$635,480$893,709
52$1,196,364$702,127$589,776$884,161
53$1,249,290$667,427$540,430$873,021
54$1,305,437$628,851$487,254$860,210
55$1,365,066$586,139$430,051$845,651
56$1,428,461$539,018$368,616$829,264
57$1,495,933$487,199$302,734$810,970
58$1,567,823$430,377$232,180$790,691
59$1,644,504$368,228$156,722$768,348
60$1,726,385$300,413$76,113$743,865
61$1,813,913$226,569$0$717,167
62$1,907,579$146,318$0$691,249
63$2,007,921$59,257$0$688,310
64$2,115,530$0$0$684,796
65$2,231,053$0$0$696,163
66$2,355,201$0$0$736,495
67$2,488,755$0$0$779,975
68$2,632,571$0$0$826,893
69$2,787,590$0$0$877,568
70$2,954,846$0$0$932,352
71$3,135,474$0$0$991,630
72$3,330,721$0$0$1,055,826
73$3,541,960$0$0$1,125,406
74$3,770,698$0$0$1,200,883
75$4,018,591$0$0$1,282,819
76$4,287,464$0$0$1,371,836
77$4,579,319$0$0$1,468,615
78$4,896,361$0$0$1,573,906
79$5,241,015$0$0$1,688,535
80$5,615,948$0$0$1,813,410
81$6,024,096$0$0$1,949,530
82$6,468,687$0$0$2,097,996
83$6,953,275$0$0$2,260,018
84$7,481,772$0$0$2,436,930
85$8,058,483$0$0$2,630,197
86$8,688,146$0$0$2,841,436
87$9,375,977$0$0$3,072,425
88$10,127,718$0$0$3,325,121
89$10,949,691$0$0$3,601,680
90$11,848,858$0$0$3,904,476
91$12,832,882$0$0$4,236,124
92$13,910,203$0$0$4,599,501
93$15,090,114$0$0$4,997,778
94$16,382,850$0$0$5,434,448
95$17,799,681$0$0$5,913,354
96$19,353,022$0$0$6,438,734
97$21,056,543$0$0$7,015,253
98$22,925,303$0$0$7,648,049
99$24,975,887$0$0$8,342,783
100$27,226,566$0$0$9,105,692