Can I retire at age 45 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$68,128$67,521$66,929$66,351$65,787$65,482
2 years$33,727$33,098$32,490$31,899$31,327$31,019
3 years$22,261$21,630$21,023$20,438$19,875$19,574
4 years$16,529$15,900$15,299$14,725$14,175$13,883
5 years$13,091$12,466$11,873$11,310$10,776$10,494
6 years$10,800$10,180$9,595$9,045$8,526$8,255
7 years$9,164$8,549$7,974$7,436$6,934$6,673
8 years$7,938$7,328$6,762$6,238$5,753$5,501
9 years$6,984$6,380$5,824$5,313$4,845$4,604
10 years$6,222$5,624$5,078$4,580$4,128$3,897
11 years$5,599$5,007$4,470$3,986$3,550$3,329
12 years$5,080$4,494$3,967$3,496$3,076$2,866
13 years$4,641$4,061$3,545$3,087$2,683$2,482
14 years$4,265$3,691$3,185$2,740$2,352$2,160
15 years$3,940$3,372$2,875$2,444$2,071$1,888
16 years$3,655$3,094$2,607$2,188$1,830$1,656
17 years$3,404$2,849$2,372$1,966$1,623$1,458
18 years$3,182$2,633$2,166$1,772$1,443$1,286
19 years$2,983$2,440$1,982$1,601$1,286$1,138
20 years$2,804$2,267$1,819$1,450$1,149$1,008
21 years$2,642$2,112$1,674$1,316$1,028$895
22 years$2,496$1,972$1,542$1,196$921$796
23 years$2,362$1,844$1,424$1,090$827$709
24 years$2,239$1,728$1,317$994$743$632
25 years$2,127$1,621$1,220$908$669$564
26 years$2,023$1,524$1,131$830$603$503
27 years$1,928$1,434$1,051$760$543$450
28 years$1,839$1,351$977$696$490$403
29 years$1,756$1,275$909$638$443$360
30 years$1,679$1,204$847$586$400$323
31 years$1,608$1,138$789$538$362$289
32 years$1,540$1,077$736$494$327$259
33 years$1,477$1,020$688$455$296$233
34 years$1,418$967$642$418$268$209
35 years$1,363$917$601$385$243$187
36 years$1,310$870$562$355$220$168
37 years$1,261$826$526$327$199$151
38 years$1,214$785$492$301$181$136
39 years$1,170$747$461$278$164$122
40 years$1,128$711$432$256$149$109
41 years$1,088$676$406$236$135$98
42 years$1,050$644$380$218$122$88
43 years$1,014$614$357$201$111$80
44 years$980$585$335$186$101$71
45 years$948$558$315$172$92$64
46 years$917$532$295$159$83$58
47 years$887$508$278$147$75$52
48 years$859$485$261$135$69$47
49 years$831$463$245$125$62$42
50 years$805$442$231$116$57$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $825,000, adding $5,944 every year, while hoping to spend $31,853 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: 36/41/23 Blend
44$825,000$825,000$825,000$825,000
45$915,281$871,556$858,769$941,696
46$974,749$880,371$853,646$970,444
47$1,039,214$888,550$847,284$998,093
48$1,109,154$896,029$839,608$1,027,302
49$1,185,091$902,739$830,539$1,058,231
50$1,267,603$908,605$819,994$1,091,058
51$1,357,322$913,551$807,888$1,125,978
52$1,454,946$917,492$794,129$1,163,212
53$1,561,242$920,340$778,624$1,203,004
54$1,677,053$922,001$761,272$1,245,625
55$1,803,309$922,376$741,972$1,291,374
56$1,941,032$921,357$720,613$1,340,588
57$2,091,347$918,833$697,083$1,393,636
58$2,255,492$914,684$671,263$1,450,930
59$2,434,831$908,782$643,029$1,512,928
60$2,630,865$900,994$612,252$1,580,136
61$2,845,246$891,176$578,795$1,653,116
62$3,079,794$879,176$542,518$1,732,491
63$3,336,513$864,836$503,272$1,818,953
64$3,617,608$847,984$460,903$1,913,267
65$3,925,509$828,440$415,248$2,016,280
66$4,262,892$806,014$366,140$2,128,932
67$4,632,702$780,505$313,401$2,252,264
68$5,038,186$751,697$256,848$2,387,427
69$5,482,917$719,366$196,288$2,535,696
70$5,970,832$683,272$131,521$2,698,483
71$6,506,266$643,163$62,337$2,877,349
72$7,093,997$598,769$0$3,074,023
73$7,739,286$549,810$0$3,293,236
74$8,447,927$495,985$0$3,550,792
75$9,226,306$436,978$0$3,833,771
76$10,081,455$372,456$0$4,144,821
77$11,021,122$302,065$0$4,486,863
78$12,053,843$225,433$0$4,863,122
79$13,189,022$142,166$0$5,277,159
80$14,437,018$51,847$0$5,732,904
81$15,809,245$0$0$6,234,697
82$17,318,278$0$0$6,808,062
83$18,977,972$0$0$7,464,529
84$20,803,592$0$0$8,186,760
85$22,811,955$0$0$8,981,425
86$25,021,593$0$0$9,855,873
87$27,452,924$0$0$10,818,204
88$30,128,442$0$0$11,877,339
89$33,072,935$0$0$13,043,109
90$36,313,716$0$0$14,326,347
91$39,880,878$0$0$15,738,991
92$43,807,580$0$0$17,294,192
93$48,130,360$0$0$19,006,443
94$52,889,476$0$0$20,891,713
95$58,129,292$0$0$22,967,598
96$63,898,690$0$0$25,253,490
97$70,251,533$0$0$27,770,753
98$77,247,173$0$0$30,542,932
99$84,951,014$0$0$33,595,968
100$93,435,122$0$0$36,958,451