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%17.7%
1 years$68,128$67,521$66,929$66,351$65,787$63,732
2 years$33,727$33,098$32,490$31,899$31,327$29,275
3 years$22,261$21,630$21,023$20,438$19,875$17,890
4 years$16,529$15,900$15,299$14,725$14,175$12,273
5 years$13,091$12,466$11,873$11,310$10,776$8,961
6 years$10,800$10,180$9,595$9,045$8,526$6,801
7 years$9,164$8,549$7,974$7,436$6,934$5,298
8 years$7,938$7,328$6,762$6,238$5,753$4,204
9 years$6,984$6,380$5,824$5,313$4,845$3,382
10 years$6,222$5,624$5,078$4,580$4,128$2,750
11 years$5,599$5,007$4,470$3,986$3,550$2,254
12 years$5,080$4,494$3,967$3,496$3,076$1,859
13 years$4,641$4,061$3,545$3,087$2,683$1,541
14 years$4,265$3,691$3,185$2,740$2,352$1,283
15 years$3,940$3,372$2,875$2,444$2,071$1,072
16 years$3,655$3,094$2,607$2,188$1,830$898
17 years$3,404$2,849$2,372$1,966$1,623$754
18 years$3,182$2,633$2,166$1,772$1,443$634
19 years$2,983$2,440$1,982$1,601$1,286$534
20 years$2,804$2,267$1,819$1,450$1,149$451
21 years$2,642$2,112$1,674$1,316$1,028$381
22 years$2,496$1,972$1,542$1,196$921$322
23 years$2,362$1,844$1,424$1,090$827$272
24 years$2,239$1,728$1,317$994$743$230
25 years$2,127$1,621$1,220$908$669$195
26 years$2,023$1,524$1,131$830$603$165
27 years$1,928$1,434$1,051$760$543$140
28 years$1,839$1,351$977$696$490$119
29 years$1,756$1,275$909$638$443$101
30 years$1,679$1,204$847$586$400$86
31 years$1,608$1,138$789$538$362$73
32 years$1,540$1,077$736$494$327$62
33 years$1,477$1,020$688$455$296$52
34 years$1,418$967$642$418$268$44
35 years$1,363$917$601$385$243$38
36 years$1,310$870$562$355$220$32
37 years$1,261$826$526$327$199$27
38 years$1,214$785$492$301$181$23
39 years$1,170$747$461$278$164$20
40 years$1,128$711$432$256$149$17
41 years$1,088$676$406$236$135$14
42 years$1,050$644$380$218$122$12
43 years$1,014$614$357$201$111$10
44 years$980$585$335$186$101$9
45 years$948$558$315$172$92$7
46 years$917$532$295$159$83$6
47 years$887$508$278$147$75$5
48 years$859$485$261$135$69$5
49 years$831$463$245$125$62$4
50 years$805$442$231$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $825,000, adding $3,821 every year, while hoping to spend $41,854 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: 66/21/13 Blend
44$825,000$825,000$825,000$825,000
45$913,091$869,366$856,579$970,385
46$961,694$867,433$840,742$1,007,154
47$1,013,852$864,002$822,972$1,042,061
48$1,069,883$858,956$803,159$1,079,159
49$1,130,136$852,170$781,190$1,118,658
50$1,194,996$843,513$756,946$1,160,794
51$1,264,884$832,843$730,302$1,205,824
52$1,340,261$820,012$701,127$1,254,036
53$1,421,638$804,862$669,284$1,305,746
54$1,509,572$787,228$634,633$1,361,305
55$1,604,678$766,931$597,022$1,421,100
56$1,707,630$743,786$556,297$1,485,561
57$1,819,171$717,593$512,295$1,555,162
58$1,940,115$688,145$464,846$1,630,426
59$2,071,361$655,217$413,772$1,711,935
60$2,213,894$618,578$358,888$1,800,329
61$2,368,800$577,977$300,000$1,896,317
62$2,537,273$533,153$236,905$2,000,682
63$2,720,626$483,829$169,393$2,114,291
64$2,920,305$429,711$97,242$2,238,101
65$3,137,899$370,490$20,223$2,373,169
66$3,375,159$305,838$0$2,520,663
67$3,634,011$235,410$0$2,690,472
68$3,916,575$158,840$0$2,878,979
69$4,225,186$75,744$0$3,084,987
70$4,562,413$0$0$3,310,275
71$4,931,083$0$0$3,560,109
72$5,334,312$0$0$3,852,555
73$5,775,529$0$0$4,172,603
74$6,258,509$0$0$4,523,001
75$6,787,410$0$0$4,906,769
76$7,366,810$0$0$5,327,239
77$8,001,753$0$0$5,788,075
78$8,697,791$0$0$6,293,317
79$9,461,040$0$0$6,847,412
80$10,298,237$0$0$7,455,257
81$11,216,802$0$0$8,122,250
82$12,224,907$0$0$8,854,332
83$13,331,554$0$0$9,658,050
84$14,546,660$0$0$10,540,616
85$15,881,148$0$0$11,509,973
86$17,347,052$0$0$12,574,872
87$18,957,628$0$0$13,744,954
88$20,727,480$0$0$15,030,839
89$22,672,696$0$0$16,444,226
90$24,811,001$0$0$17,998,007
91$27,161,923$0$0$19,706,382
92$29,746,975$0$0$21,584,998
93$32,589,860$0$0$23,651,092
94$35,716,693$0$0$25,923,657
95$39,156,248$0$0$28,423,618
96$42,940,225$0$0$31,174,032
97$47,103,554$0$0$34,200,301
98$51,684,720$0$0$37,530,415
99$56,726,129$0$0$41,195,213
100$62,274,502$0$0$45,228,677