Can I retire at age 45 with 822,000?

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 $822,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$67,880$67,275$66,685$66,110$65,547$64,702
2 years$33,604$32,978$32,372$31,783$31,213$30,362
3 years$22,180$21,552$20,947$20,364$19,803$18,973
4 years$16,469$15,843$15,244$14,671$14,124$13,322
5 years$13,044$12,421$11,830$11,269$10,737$9,965
6 years$10,761$10,143$9,560$9,012$8,495$7,754
7 years$9,131$8,518$7,945$7,409$6,909$6,199
8 years$7,909$7,301$6,738$6,215$5,732$5,053
9 years$6,959$6,357$5,803$5,294$4,827$4,179
10 years$6,199$5,603$5,059$4,564$4,113$3,496
11 years$5,578$4,988$4,454$3,972$3,537$2,950
12 years$5,061$4,477$3,953$3,484$3,065$2,507
13 years$4,624$4,046$3,532$3,076$2,673$2,143
14 years$4,249$3,678$3,173$2,730$2,343$1,841
15 years$3,925$3,360$2,865$2,435$2,063$1,588
16 years$3,642$3,083$2,598$2,180$1,823$1,374
17 years$3,392$2,839$2,364$1,959$1,617$1,193
18 years$3,170$2,623$2,158$1,765$1,437$1,038
19 years$2,972$2,431$1,975$1,595$1,281$905
20 years$2,794$2,259$1,813$1,445$1,144$790
21 years$2,633$2,104$1,667$1,311$1,024$691
22 years$2,487$1,964$1,537$1,192$918$605
23 years$2,353$1,837$1,419$1,086$824$531
24 years$2,231$1,721$1,312$990$741$466
25 years$2,119$1,615$1,215$904$666$409
26 years$2,016$1,518$1,127$827$600$360
27 years$1,921$1,429$1,047$757$541$317
28 years$1,832$1,346$973$693$488$279
29 years$1,750$1,270$906$636$441$246
30 years$1,673$1,200$843$584$398$216
31 years$1,602$1,134$786$536$360$191
32 years$1,535$1,073$734$493$326$168
33 years$1,472$1,016$685$453$295$148
34 years$1,413$963$640$417$267$131
35 years$1,358$913$598$384$242$116
36 years$1,306$867$560$353$219$102
37 years$1,256$823$524$326$199$90
38 years$1,210$783$491$300$180$80
39 years$1,166$744$460$277$163$70
40 years$1,124$708$431$255$148$62
41 years$1,084$674$404$235$134$55
42 years$1,047$642$379$217$122$48
43 years$1,011$612$356$201$111$43
44 years$977$583$334$185$100$38
45 years$944$556$313$171$91$33
46 years$913$530$294$158$83$30
47 years$884$506$277$146$75$26
48 years$855$483$260$135$68$23
49 years$828$461$244$125$62$20
50 years$803$441$230$115$56$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $822,000, adding $4,726 every year, while hoping to spend $34,402 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: 50/42/8 Blend
44$822,000$822,000$822,000$822,000
45$910,719$867,153$854,412$954,137
46$967,009$873,040$846,431$990,167
47$1,027,887$878,062$837,030$1,025,232
48$1,093,786$882,142$826,125$1,062,526
49$1,165,179$885,194$813,627$1,102,267
50$1,242,590$887,130$799,446$1,144,694
51$1,326,590$887,857$783,484$1,190,076
52$1,417,813$887,272$765,641$1,238,706
53$1,516,951$885,270$745,811$1,290,913
54$1,624,769$881,737$723,885$1,347,058
55$1,742,107$876,553$699,746$1,407,541
56$1,869,889$869,591$673,275$1,472,806
57$2,009,132$860,715$644,344$1,543,343
58$2,160,956$849,783$612,822$1,619,696
59$2,326,594$836,643$578,572$1,702,466
60$2,507,401$821,133$541,449$1,792,315
61$2,704,870$803,083$501,302$1,889,981
62$2,920,645$782,312$457,974$1,996,277
63$3,156,536$758,630$411,300$2,112,100
64$3,414,534$731,834$361,110$2,238,446
65$3,696,832$701,710$307,224$2,376,415
66$4,005,847$668,032$249,453$2,527,222
67$4,344,237$630,559$187,604$2,692,211
68$4,714,931$589,038$121,471$2,872,867
69$5,121,155$543,202$50,841$3,070,831
70$5,566,461$492,767$0$3,287,919
71$6,054,761$437,434$0$3,528,229
72$6,590,364$376,885$0$3,796,649
73$7,178,016$310,788$0$4,091,302
74$7,822,945$238,787$0$4,414,913
75$8,530,909$160,511$0$4,770,491
76$9,308,250$75,565$0$5,161,357
77$10,161,957$0$0$5,591,178
78$11,099,727$0$0$6,071,611
79$12,130,038$0$0$6,637,916
80$13,262,233$0$0$7,260,314
81$14,506,602$0$0$7,944,475
82$15,874,482$0$0$8,696,645
83$17,378,365$0$0$9,523,703
84$19,032,011$0$0$10,433,231
85$20,850,582$0$0$11,433,581
86$22,850,783$0$0$12,533,957
87$25,051,018$0$0$13,744,496
88$27,471,565$0$0$15,076,371
89$30,134,765$0$0$16,541,890
90$33,065,237$0$0$18,154,615
91$36,290,104$0$0$19,929,491
92$39,839,251$0$0$21,882,981
93$43,745,610$0$0$24,033,228
94$48,045,465$0$0$26,400,224
95$52,778,795$0$0$29,005,995
96$57,989,655$0$0$31,874,812
97$63,726,586$0$0$35,033,421
98$70,043,077$0$0$38,511,289
99$76,998,065$0$0$42,340,891
100$84,656,497$0$0$46,558,008