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%12.8%
1 years$68,128$67,521$66,929$66,351$65,787$65,019
2 years$33,727$33,098$32,490$31,899$31,327$30,554
3 years$22,261$21,630$21,023$20,438$19,875$19,121
4 years$16,529$15,900$15,299$14,725$14,175$13,446
5 years$13,091$12,466$11,873$11,310$10,776$10,073
6 years$10,800$10,180$9,595$9,045$8,526$7,852
7 years$9,164$8,549$7,974$7,436$6,934$6,288
8 years$7,938$7,328$6,762$6,238$5,753$5,134
9 years$6,984$6,380$5,824$5,313$4,845$4,254
10 years$6,222$5,624$5,078$4,580$4,128$3,564
11 years$5,599$5,007$4,470$3,986$3,550$3,013
12 years$5,080$4,494$3,967$3,496$3,076$2,566
13 years$4,641$4,061$3,545$3,087$2,683$2,198
14 years$4,265$3,691$3,185$2,740$2,352$1,892
15 years$3,940$3,372$2,875$2,444$2,071$1,635
16 years$3,655$3,094$2,607$2,188$1,830$1,418
17 years$3,404$2,849$2,372$1,966$1,623$1,233
18 years$3,182$2,633$2,166$1,772$1,443$1,075
19 years$2,983$2,440$1,982$1,601$1,286$939
20 years$2,804$2,267$1,819$1,450$1,149$822
21 years$2,642$2,112$1,674$1,316$1,028$721
22 years$2,496$1,972$1,542$1,196$921$633
23 years$2,362$1,844$1,424$1,090$827$556
24 years$2,239$1,728$1,317$994$743$489
25 years$2,127$1,621$1,220$908$669$431
26 years$2,023$1,524$1,131$830$603$380
27 years$1,928$1,434$1,051$760$543$335
28 years$1,839$1,351$977$696$490$296
29 years$1,756$1,275$909$638$443$261
30 years$1,679$1,204$847$586$400$231
31 years$1,608$1,138$789$538$362$204
32 years$1,540$1,077$736$494$327$180
33 years$1,477$1,020$688$455$296$159
34 years$1,418$967$642$418$268$141
35 years$1,363$917$601$385$243$125
36 years$1,310$870$562$355$220$110
37 years$1,261$826$526$327$199$98
38 years$1,214$785$492$301$181$86
39 years$1,170$747$461$278$164$77
40 years$1,128$711$432$256$149$68
41 years$1,088$676$406$236$135$60
42 years$1,050$644$380$218$122$53
43 years$1,014$614$357$201$111$47
44 years$980$585$335$186$101$42
45 years$948$558$315$172$92$37
46 years$917$532$295$159$83$33
47 years$887$508$278$147$75$29
48 years$859$485$261$135$69$26
49 years$831$463$245$125$62$23
50 years$805$442$231$116$57$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $825,000, adding $2,972 every year, while hoping to spend $37,511 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: 52/32/16 Blend
44$825,000$825,000$825,000$825,000
45$912,216$868,491$855,703$955,543
46$965,350$871,135$844,458$988,203
47$1,022,647$872,652$831,578$1,019,509
48$1,084,492$872,947$816,971$1,052,728
49$1,151,307$871,918$800,536$1,088,052
50$1,223,557$869,459$782,171$1,125,694
51$1,301,754$865,457$761,768$1,165,892
52$1,386,459$859,790$739,213$1,208,908
53$1,478,289$852,331$714,388$1,255,034
54$1,577,924$842,944$687,169$1,304,593
55$1,686,110$831,487$657,428$1,357,943
56$1,803,670$817,806$625,028$1,415,482
57$1,931,506$801,740$589,828$1,477,651
58$2,070,613$783,119$551,681$1,544,937
59$2,222,084$761,761$510,431$1,617,881
60$2,387,125$737,475$465,918$1,697,082
61$2,567,059$710,058$417,974$1,783,204
62$2,763,344$679,296$366,421$1,876,980
63$2,977,585$644,962$311,076$1,979,225
64$3,211,549$606,815$251,748$2,090,838
65$3,467,180$564,602$188,234$2,212,815
66$3,746,619$518,054$120,327$2,346,258
67$4,052,223$466,888$47,807$2,492,387
68$4,386,587$410,803$0$2,652,551
69$4,752,570$349,483$0$2,833,292
70$5,153,316$282,592$0$3,040,248
71$5,592,293$209,777$0$3,267,115
72$6,073,315$130,665$0$3,515,954
73$6,600,586$44,860$0$3,789,041
74$7,178,733$0$0$4,088,889
75$7,812,856$0$0$4,435,191
76$8,508,569$0$0$4,832,543
77$9,272,057$0$0$5,268,691
78$10,110,132$0$0$5,747,537
79$11,030,299$0$0$6,273,382
80$12,040,825$0$0$6,850,960
81$13,150,816$0$0$7,485,488
82$14,370,303$0$0$8,182,714
83$15,710,338$0$0$8,948,968
84$17,183,096$0$0$9,791,226
85$18,801,990$0$0$10,717,173
86$20,581,797$0$0$11,735,274
87$22,538,797$0$0$12,854,858
88$24,690,928$0$0$14,086,200
89$27,057,951$0$0$15,440,625
90$29,661,640$0$0$16,930,605
91$32,525,984$0$0$18,569,888
92$35,677,415$0$0$20,373,617
93$39,145,055$0$0$22,358,478
94$42,960,995$0$0$24,542,858
95$47,160,589$0$0$26,947,015
96$51,782,796$0$0$29,593,271
97$56,870,540$0$0$32,506,221
98$62,471,120$0$0$35,712,967
99$68,636,652$0$0$39,243,370
100$75,424,563$0$0$43,130,337