Can I retire at age 45 with 821,000?

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 $821,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$67,797$67,194$66,604$66,029$65,468$64,703
2 years$33,563$32,938$32,332$31,745$31,175$30,406
3 years$22,153$21,525$20,921$20,339$19,779$19,028
4 years$16,449$15,823$15,225$14,653$14,106$13,381
5 years$13,028$12,406$11,815$11,255$10,723$10,024
6 years$10,748$10,130$9,549$9,001$8,485$7,814
7 years$9,120$8,507$7,935$7,400$6,901$6,257
8 years$7,899$7,292$6,729$6,208$5,725$5,109
9 years$6,950$6,349$5,796$5,288$4,821$4,233
10 years$6,192$5,597$5,053$4,558$4,108$3,547
11 years$5,571$4,982$4,449$3,967$3,533$2,999
12 years$5,055$4,472$3,948$3,479$3,061$2,554
13 years$4,618$4,041$3,527$3,072$2,670$2,187
14 years$4,244$3,673$3,169$2,727$2,340$1,883
15 years$3,920$3,356$2,862$2,432$2,061$1,627
16 years$3,637$3,079$2,594$2,177$1,821$1,411
17 years$3,388$2,835$2,361$1,956$1,615$1,227
18 years$3,166$2,620$2,155$1,763$1,436$1,070
19 years$2,968$2,428$1,973$1,593$1,280$935
20 years$2,790$2,256$1,811$1,443$1,143$818
21 years$2,630$2,102$1,665$1,310$1,023$717
22 years$2,484$1,962$1,535$1,191$917$630
23 years$2,350$1,835$1,417$1,084$823$554
24 years$2,229$1,719$1,311$989$740$487
25 years$2,117$1,613$1,214$903$666$429
26 years$2,014$1,516$1,126$826$600$378
27 years$1,918$1,427$1,045$756$541$333
28 years$1,830$1,345$972$693$488$294
29 years$1,748$1,269$904$635$440$260
30 years$1,671$1,198$842$583$398$229
31 years$1,600$1,133$785$535$360$203
32 years$1,533$1,072$733$492$325$179
33 years$1,470$1,015$684$452$295$159
34 years$1,411$962$639$416$267$140
35 years$1,356$912$598$383$242$124
36 years$1,304$866$559$353$219$110
37 years$1,255$822$523$325$198$97
38 years$1,208$782$490$300$180$86
39 years$1,164$743$459$276$163$76
40 years$1,122$707$430$255$148$67
41 years$1,083$673$404$235$134$60
42 years$1,045$641$379$217$122$53
43 years$1,009$611$355$200$111$47
44 years$975$582$333$185$100$42
45 years$943$555$313$171$91$37
46 years$912$530$294$158$83$33
47 years$883$505$276$146$75$29
48 years$854$482$260$135$68$26
49 years$827$461$244$125$62$23
50 years$802$440$229$115$56$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $821,000, adding $4,766 every year, while hoping to spend $47,693 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: 35/45/20 Blend
44$821,000$821,000$821,000$821,000
45$909,658$866,145$853,420$935,804
46$951,698$857,841$831,264$947,107
47$996,428$847,532$806,768$954,532
48$1,044,071$835,069$779,803$961,558
49$1,094,874$820,294$750,233$968,175
50$1,149,103$803,041$717,918$974,381
51$1,207,055$783,133$682,712$980,175
52$1,269,051$760,383$644,459$985,561
53$1,335,445$734,593$602,999$990,549
54$1,406,626$705,553$558,165$995,156
55$1,483,018$673,042$509,780$999,405
56$1,565,089$636,824$457,661$1,003,326
57$1,653,352$596,652$401,616$1,006,962
58$1,748,369$552,263$341,445$1,010,364
59$1,850,759$503,380$276,940$1,013,596
60$1,961,200$449,710$207,881$1,016,738
61$2,080,439$390,942$134,041$1,019,883
62$2,209,294$326,749$55,183$1,023,145
63$2,348,668$256,785$0$1,026,655
64$2,499,549$180,685$0$1,036,753
65$2,663,027$98,062$0$1,060,407
66$2,840,298$8,509$0$1,086,097
67$3,032,678$0$0$1,114,128
68$3,241,615$0$0$1,188,618
69$3,468,702$0$0$1,274,262
70$3,715,689$0$0$1,367,521
71$3,984,504$0$0$1,469,136
72$4,277,267$0$0$1,579,923
73$4,596,312$0$0$1,700,779
74$4,944,206$0$0$1,832,694
75$5,323,777$0$0$1,976,754
76$5,738,134$0$0$2,134,158
77$6,190,703$0$0$2,306,224
78$6,685,253$0$0$2,494,403
79$7,225,935$0$0$2,700,295
80$7,817,318$0$0$2,925,659
81$8,464,434$0$0$3,172,433
82$9,172,823$0$0$3,442,751
83$9,948,585$0$0$3,738,964
84$10,798,439$0$0$4,063,659
85$11,729,785$0$0$4,419,688
86$12,750,769$0$0$4,810,190
87$13,870,367$0$0$5,238,624
88$15,098,463$0$0$5,708,799
89$16,445,945$0$0$6,224,910
90$17,924,803$0$0$6,791,580
91$19,548,249$0$0$7,413,899
92$21,330,832$0$0$8,097,477
93$23,288,582$0$0$8,848,492
94$25,439,155$0$0$9,673,749
95$27,802,004$0$0$10,580,749
96$30,398,557$0$0$11,577,751
97$33,252,422$0$0$12,673,857
98$36,389,607$0$0$13,879,094
99$39,838,766$0$0$15,204,509
100$43,631,469$0$0$16,662,273