Can I retire at age 45 with 819,000?

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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$67,632$67,030$66,442$65,868$65,308$63,833
2 years$33,481$32,858$32,253$31,667$31,099$29,621
3 years$22,099$21,473$20,870$20,290$19,731$18,295
4 years$16,409$15,785$15,188$14,618$14,072$12,691
5 years$12,996$12,376$11,787$11,228$10,697$9,374
6 years$10,721$10,106$9,525$8,979$8,464$7,201
7 years$9,097$8,487$7,916$7,382$6,884$5,680
8 years$7,880$7,275$6,713$6,193$5,711$4,566
9 years$6,933$6,334$5,782$5,275$4,809$3,722
10 years$6,177$5,583$5,041$4,547$4,098$3,068
11 years$5,558$4,970$4,438$3,957$3,524$2,550
12 years$5,043$4,461$3,938$3,471$3,054$2,134
13 years$4,607$4,031$3,519$3,064$2,663$1,796
14 years$4,234$3,664$3,162$2,720$2,335$1,518
15 years$3,911$3,348$2,855$2,426$2,055$1,288
16 years$3,628$3,071$2,588$2,172$1,817$1,096
17 years$3,380$2,829$2,355$1,952$1,611$935
18 years$3,159$2,614$2,150$1,759$1,432$799
19 years$2,961$2,422$1,968$1,589$1,277$684
20 years$2,784$2,251$1,806$1,439$1,140$587
21 years$2,623$2,097$1,661$1,306$1,020$504
22 years$2,477$1,957$1,531$1,188$915$434
23 years$2,345$1,831$1,414$1,082$821$373
24 years$2,223$1,715$1,308$987$738$322
25 years$2,112$1,610$1,211$901$664$277
26 years$2,009$1,513$1,123$824$598$239
27 years$1,914$1,424$1,043$754$539$206
28 years$1,825$1,341$970$691$487$178
29 years$1,743$1,266$902$634$439$154
30 years$1,667$1,195$840$581$397$133
31 years$1,596$1,130$783$534$359$115
32 years$1,529$1,069$731$491$325$99
33 years$1,467$1,012$683$451$294$86
34 years$1,408$960$638$415$266$74
35 years$1,353$910$596$382$241$64
36 years$1,301$864$558$352$218$56
37 years$1,252$820$522$324$198$48
38 years$1,205$780$489$299$179$42
39 years$1,161$741$458$276$163$36
40 years$1,120$705$429$254$148$31
41 years$1,080$671$403$235$134$27
42 years$1,043$639$378$216$121$23
43 years$1,007$609$354$200$110$20
44 years$973$581$333$185$100$17
45 years$941$554$312$170$91$15
46 years$910$528$293$157$82$13
47 years$880$504$276$145$75$11
48 years$852$481$259$134$68$10
49 years$825$460$243$124$62$8
50 years$800$439$229$115$56$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $819,000, adding $6,550 every year, while hoping to spend $27,497 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: 82/7/11 Blend
44$819,000$819,000$819,000$819,000
45$909,294$865,887$853,193$981,639
46$972,786$879,059$852,518$1,043,171
47$1,041,832$891,955$850,899$1,106,410
48$1,116,970$904,532$848,276$1,175,020
49$1,198,791$916,745$844,584$1,249,523
50$1,287,947$928,544$839,756$1,330,497
51$1,385,154$939,879$833,724$1,418,578
52$1,491,199$950,693$826,414$1,514,466
53$1,606,951$960,926$817,748$1,618,931
54$1,733,365$970,516$807,647$1,732,823
55$1,871,492$979,395$796,027$1,857,078
56$2,022,489$987,491$782,799$1,992,727
57$2,187,631$994,726$767,871$2,140,904
58$2,368,322$1,001,020$751,147$2,302,862
59$2,566,106$1,006,285$732,526$2,479,978
60$2,782,685$1,010,429$711,902$2,673,772
61$3,019,932$1,013,354$689,164$2,885,917
62$3,279,911$1,014,954$664,196$3,118,257
63$3,564,894$1,015,118$636,879$3,372,823
64$3,877,383$1,013,730$607,085$3,651,854
65$4,220,137$1,010,663$574,683$3,957,817
66$4,596,189$1,005,784$539,533$4,293,429
67$5,008,886$998,953$501,493$4,661,688
68$5,461,910$990,019$460,410$5,065,892
69$5,959,319$978,824$416,128$5,509,680
70$6,505,583$965,200$368,482$5,997,060
71$7,105,626$948,968$317,300$6,532,448
72$7,764,872$929,940$262,402$7,120,713
73$8,489,298$907,916$203,601$7,767,218
74$9,285,485$882,683$140,700$8,477,874
75$10,160,688$854,017$73,497$9,259,197
76$11,122,896$821,682$1,777$10,118,364
77$12,180,912$785,425$0$11,063,287
78$13,344,435$744,981$0$12,111,460
79$14,624,152$700,070$0$13,264,508
80$16,031,835$650,393$0$14,532,840
81$17,580,457$595,636$0$15,928,155
82$19,284,309$535,468$0$17,463,343
83$21,159,139$469,537$0$19,152,609
84$23,222,299$397,472$0$21,011,604
85$25,492,906$318,881$0$23,057,576
86$27,992,026$233,350$0$25,309,530
87$30,742,870$140,441$0$27,788,407
88$33,771,013$39,693$0$30,517,285
89$37,104,637$0$0$33,521,594
90$40,774,793$0$0$36,834,699
91$44,815,697$0$0$40,485,874
92$49,265,053$0$0$44,506,132
93$54,164,405$0$0$48,933,012
94$59,559,532$0$0$53,807,883
95$65,500,878$0$0$59,176,328
96$72,044,030$0$0$65,088,575
97$79,250,237$0$0$71,599,974
98$87,186,996$0$0$78,771,514
99$95,928,681$0$0$86,670,405
100$105,557,249$0$0$95,370,705