Can I retire at age 45 with 817,000?

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 $817,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$67,467$66,866$66,280$65,708$65,149$63,938
2 years$33,400$32,778$32,175$31,590$31,023$29,808
3 years$22,045$21,420$20,819$20,240$19,682$18,500
4 years$16,369$15,746$15,151$14,582$14,038$12,898
5 years$12,964$12,345$11,758$11,200$10,671$9,577
6 years$10,695$10,081$9,502$8,957$8,444$7,397
7 years$9,075$8,466$7,896$7,364$6,867$5,867
8 years$7,861$7,257$6,697$6,177$5,697$4,744
9 years$6,916$6,318$5,768$5,262$4,798$3,891
10 years$6,162$5,569$5,029$4,536$4,088$3,227
11 years$5,544$4,958$4,427$3,947$3,516$2,699
12 years$5,030$4,450$3,929$3,462$3,047$2,274
13 years$4,596$4,022$3,510$3,057$2,657$1,926
14 years$4,224$3,656$3,154$2,714$2,329$1,639
15 years$3,901$3,339$2,848$2,420$2,050$1,400
16 years$3,620$3,064$2,582$2,167$1,812$1,200
17 years$3,371$2,822$2,349$1,947$1,607$1,031
18 years$3,151$2,607$2,145$1,755$1,429$888
19 years$2,954$2,416$1,963$1,585$1,273$766
20 years$2,777$2,245$1,802$1,436$1,137$662
21 years$2,617$2,092$1,657$1,303$1,018$573
22 years$2,471$1,952$1,527$1,185$912$497
23 years$2,339$1,826$1,410$1,079$819$431
24 years$2,218$1,711$1,304$984$736$374
25 years$2,106$1,606$1,208$899$662$325
26 years$2,004$1,509$1,120$822$597$283
27 years$1,909$1,420$1,040$752$538$246
28 years$1,821$1,338$967$689$485$214
29 years$1,739$1,262$900$632$438$186
30 years$1,663$1,192$838$580$396$162
31 years$1,592$1,127$782$533$358$141
32 years$1,525$1,066$729$490$324$123
33 years$1,463$1,010$681$450$293$108
34 years$1,405$957$636$414$265$94
35 years$1,349$908$595$381$240$82
36 years$1,298$862$556$351$218$71
37 years$1,249$818$521$324$197$62
38 years$1,202$778$488$298$179$54
39 years$1,158$740$457$275$162$47
40 years$1,117$704$428$254$147$41
41 years$1,078$670$402$234$134$36
42 years$1,040$638$377$216$121$32
43 years$1,005$608$353$199$110$28
44 years$971$579$332$184$100$24
45 years$938$552$312$170$91$21
46 years$908$527$293$157$82$18
47 years$878$503$275$145$75$16
48 years$850$480$258$134$68$14
49 years$823$459$243$124$62$12
50 years$798$438$228$115$56$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $817,000, adding $2,842 every year, while hoping to spend $46,827 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: 76/11/13 Blend
44$817,000$817,000$817,000$817,000
45$903,266$859,965$847,301$969,318
46$945,575$852,279$825,862$1,005,589
47$990,631$842,648$802,135$1,039,162
48$1,038,663$830,926$775,995$1,074,667
49$1,089,925$816,959$747,309$1,112,279
50$1,144,693$800,586$715,940$1,152,195
51$1,203,271$781,634$681,743$1,194,629
52$1,265,991$759,920$644,567$1,239,818
53$1,333,218$735,252$604,256$1,288,024
54$1,405,352$707,426$560,645$1,339,538
55$1,482,832$676,224$513,561$1,394,678
56$1,566,141$641,419$462,825$1,453,799
57$1,655,807$602,768$408,249$1,517,291
58$1,752,411$560,015$349,638$1,585,584
59$1,856,592$512,891$286,786$1,659,154
60$1,969,051$461,109$219,479$1,738,527
61$2,090,558$404,367$147,495$1,824,284
62$2,221,959$342,345$70,601$1,917,065
63$2,364,185$274,707$0$2,017,579
64$2,518,260$201,095$0$2,128,197
65$2,685,307$121,133$0$2,258,746
66$2,866,564$34,424$0$2,400,414
67$3,063,390$0$0$2,554,291
68$3,277,283$0$0$2,728,774
69$3,509,888$0$0$2,923,081
70$3,763,016$0$0$3,134,560
71$4,038,659$0$0$3,364,880
72$4,339,010$0$0$3,615,876
73$4,666,481$0$0$3,889,568
74$5,023,729$0$0$4,188,181
75$5,413,675$0$0$4,514,162
76$5,839,539$0$0$4,870,204
77$6,304,861$0$0$5,259,274
78$6,813,541$0$0$5,684,637
79$7,369,872$0$0$6,149,887
80$7,978,581$0$0$6,658,984
81$8,644,874$0$0$7,216,286
82$9,374,482$0$0$7,826,592
83$10,173,717$0$0$8,495,188
84$11,049,529$0$0$9,227,895
85$12,009,574$0$0$10,031,123
86$13,062,282$0$0$10,911,933
87$14,216,941$0$0$11,878,101
88$15,483,777$0$0$12,938,192
89$16,874,057$0$0$14,101,641
90$18,400,190$0$0$15,378,840
91$20,075,846$0$0$16,781,237
92$21,916,081$0$0$18,321,442
93$23,937,485$0$0$20,013,345
94$26,158,329$0$0$21,872,251
95$28,598,745$0$0$23,915,019
96$31,280,910$0$0$26,160,220
97$34,229,256$0$0$28,628,316
98$37,470,700$0$0$31,341,851
99$41,034,899$0$0$34,325,659
100$44,954,525$0$0$37,607,105