Can I retire at age 45 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$67,550$66,948$66,361$65,788$65,228$63,964
2 years$33,440$32,818$32,214$31,629$31,061$29,792
3 years$22,072$21,447$20,845$20,265$19,706$18,473
4 years$16,389$15,766$15,170$14,600$14,055$12,866
5 years$12,980$12,360$11,772$11,214$10,684$9,543
6 years$10,708$10,093$9,514$8,968$8,454$7,363
7 years$9,086$8,476$7,906$7,373$6,875$5,834
8 years$7,870$7,266$6,705$6,185$5,704$4,711
9 years$6,925$6,326$5,775$5,268$4,803$3,860
10 years$6,169$5,576$5,035$4,541$4,093$3,197
11 years$5,551$4,964$4,432$3,952$3,520$2,671
12 years$5,036$4,456$3,934$3,467$3,050$2,247
13 years$4,601$4,027$3,514$3,061$2,660$1,901
14 years$4,229$3,660$3,158$2,717$2,332$1,615
15 years$3,906$3,343$2,851$2,423$2,053$1,378
16 years$3,624$3,068$2,585$2,169$1,814$1,179
17 years$3,375$2,825$2,352$1,949$1,609$1,012
18 years$3,155$2,611$2,147$1,757$1,430$870
19 years$2,957$2,419$1,966$1,587$1,275$750
20 years$2,780$2,248$1,804$1,438$1,139$647
21 years$2,620$2,094$1,659$1,305$1,019$559
22 years$2,474$1,955$1,529$1,186$914$484
23 years$2,342$1,828$1,412$1,080$820$419
24 years$2,220$1,713$1,306$985$737$363
25 years$2,109$1,608$1,210$900$663$315
26 years$2,006$1,511$1,122$823$597$274
27 years$1,911$1,422$1,042$753$539$238
28 years$1,823$1,340$968$690$486$206
29 years$1,741$1,264$901$633$439$180
30 years$1,665$1,194$839$581$397$156
31 years$1,594$1,128$783$533$359$136
32 years$1,527$1,068$730$490$324$118
33 years$1,465$1,011$682$451$293$103
34 years$1,406$958$637$415$266$90
35 years$1,351$909$596$382$241$78
36 years$1,299$863$557$352$218$68
37 years$1,250$819$521$324$198$59
38 years$1,204$779$488$299$179$52
39 years$1,160$741$457$275$162$45
40 years$1,118$705$429$254$147$39
41 years$1,079$671$402$234$134$34
42 years$1,041$639$377$216$121$30
43 years$1,006$609$354$200$110$26
44 years$972$580$332$184$100$23
45 years$940$553$312$170$91$20
46 years$909$528$293$157$82$17
47 years$879$504$275$145$75$15
48 years$851$481$259$134$68$13
49 years$824$459$243$124$62$11
50 years$799$439$229$115$56$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $818,000, adding $4,520 every year, while hoping to spend $54,858 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: 47/41/12 Blend
44$818,000$818,000$818,000$818,000
45$906,098$862,744$850,065$945,452
46$940,152$846,650$820,174$957,002
47$975,840$827,929$787,443$963,507
48$1,013,272$806,394$751,719$969,339
49$1,052,566$781,847$712,841$974,453
50$1,093,850$754,080$670,644$978,805
51$1,137,264$722,871$624,951$982,351
52$1,182,959$687,985$575,581$985,046
53$1,231,099$649,176$522,342$986,846
54$1,281,866$606,180$465,035$987,705
55$1,335,455$558,721$403,452$987,582
56$1,392,079$506,506$337,375$986,433
57$1,451,972$449,226$266,578$984,218
58$1,515,387$386,552$190,823$980,899
59$1,582,604$318,140$109,862$976,442
60$1,653,925$243,624$23,438$970,813
61$1,729,682$162,619$0$963,986
62$1,810,239$74,717$0$964,747
63$1,895,992$0$0$968,048
64$1,987,378$0$0$980,170
65$2,084,871$0$0$1,029,116
66$2,188,995$0$0$1,081,449
67$2,300,320$0$0$1,137,460
68$2,419,474$0$0$1,197,475
69$2,547,145$0$0$1,261,847
70$2,684,085$0$0$1,330,965
71$2,831,123$0$0$1,405,256
72$2,989,167$0$0$1,485,189
73$3,159,213$0$0$1,571,277
74$3,342,356$0$0$1,664,087
75$3,539,798$0$0$1,764,238
76$3,752,859$0$0$1,872,412
77$3,982,991$0$0$1,989,359
78$4,231,787$0$0$2,115,903
79$4,501,001$0$0$2,252,948
80$4,792,558$0$0$2,401,490
81$5,108,576$0$0$2,562,625
82$5,451,383$0$0$2,737,554
83$5,823,542$0$0$2,927,603
84$6,227,869$0$0$3,134,228
85$6,667,462$0$0$3,359,030
86$7,145,731$0$0$3,603,774
87$7,666,426$0$0$3,870,398
88$8,233,674$0$0$4,161,038
89$8,852,019$0$0$4,478,043
90$9,526,457$0$0$4,823,998
91$10,262,491$0$0$5,201,750
92$11,066,177$0$0$5,614,433
93$11,944,183$0$0$6,065,496
94$12,903,846$0$0$6,558,736
95$13,953,247$0$0$7,098,336
96$15,101,284$0$0$7,688,899
97$16,357,751$0$0$8,335,495
98$17,733,437$0$0$9,043,707
99$19,240,219$0$0$9,819,683
100$20,891,179$0$0$10,670,195