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%12.1%
1 years$68,128$67,521$66,929$66,351$65,787$65,208
2 years$33,727$33,098$32,490$31,899$31,327$30,744
3 years$22,261$21,630$21,023$20,438$19,875$19,306
4 years$16,529$15,900$15,299$14,725$14,175$13,624
5 years$13,091$12,466$11,873$11,310$10,776$10,244
6 years$10,800$10,180$9,595$9,045$8,526$8,015
7 years$9,164$8,549$7,974$7,436$6,934$6,443
8 years$7,938$7,328$6,762$6,238$5,753$5,282
9 years$6,984$6,380$5,824$5,313$4,845$4,395
10 years$6,222$5,624$5,078$4,580$4,128$3,698
11 years$5,599$5,007$4,470$3,986$3,550$3,140
12 years$5,080$4,494$3,967$3,496$3,076$2,686
13 years$4,641$4,061$3,545$3,087$2,683$2,311
14 years$4,265$3,691$3,185$2,740$2,352$1,998
15 years$3,940$3,372$2,875$2,444$2,071$1,735
16 years$3,655$3,094$2,607$2,188$1,830$1,512
17 years$3,404$2,849$2,372$1,966$1,623$1,321
18 years$3,182$2,633$2,166$1,772$1,443$1,158
19 years$2,983$2,440$1,982$1,601$1,286$1,017
20 years$2,804$2,267$1,819$1,450$1,149$895
21 years$2,642$2,112$1,674$1,316$1,028$788
22 years$2,496$1,972$1,542$1,196$921$696
23 years$2,362$1,844$1,424$1,090$827$615
24 years$2,239$1,728$1,317$994$743$544
25 years$2,127$1,621$1,220$908$669$482
26 years$2,023$1,524$1,131$830$603$427
27 years$1,928$1,434$1,051$760$543$379
28 years$1,839$1,351$977$696$490$336
29 years$1,756$1,275$909$638$443$298
30 years$1,679$1,204$847$586$400$265
31 years$1,608$1,138$789$538$362$236
32 years$1,540$1,077$736$494$327$209
33 years$1,477$1,020$688$455$296$186
34 years$1,418$967$642$418$268$166
35 years$1,363$917$601$385$243$148
36 years$1,310$870$562$355$220$131
37 years$1,261$826$526$327$199$117
38 years$1,214$785$492$301$181$104
39 years$1,170$747$461$278$164$93
40 years$1,128$711$432$256$149$83
41 years$1,088$676$406$236$135$74
42 years$1,050$644$380$218$122$66
43 years$1,014$614$357$201$111$59
44 years$980$585$335$186$101$52
45 years$948$558$315$172$92$46
46 years$917$532$295$159$83$41
47 years$887$508$278$147$75$37
48 years$859$485$261$135$69$33
49 years$831$463$245$125$62$29
50 years$805$442$231$116$57$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $825,000, adding $5,144 every year, while hoping to spend $30,057 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: 54/23/23 Blend
44$825,000$825,000$825,000$825,000
45$914,456$870,731$857,944$957,800
46$975,750$881,416$854,704$998,845
47$1,042,289$891,618$850,349$1,039,941
48$1,114,575$901,280$844,809$1,084,049
49$1,193,163$910,344$838,011$1,131,465
50$1,278,662$918,747$829,880$1,182,520
51$1,371,740$926,421$820,336$1,237,576
52$1,473,137$933,294$809,296$1,297,037
53$1,583,662$939,291$796,673$1,361,344
54$1,704,209$944,330$782,376$1,430,989
55$1,835,761$948,325$766,308$1,506,513
56$1,979,400$951,184$748,370$1,588,514
57$2,136,316$952,809$728,458$1,677,652
58$2,307,821$953,097$706,461$1,774,657
59$2,495,357$951,938$682,267$1,880,334
60$2,700,515$949,214$655,754$1,995,571
61$2,925,043$944,801$626,797$2,121,351
62$3,170,869$938,568$595,267$2,258,757
63$3,440,115$930,375$561,026$2,408,987
64$3,735,117$920,074$523,931$2,573,360
65$4,058,449$907,508$483,832$2,753,335
66$4,412,945$892,510$440,575$2,950,522
67$4,801,727$874,903$393,995$3,166,696
68$5,228,231$854,502$343,922$3,403,819
69$5,696,246$831,108$290,179$3,664,054
70$6,209,943$804,513$232,580$3,949,789
71$6,773,917$774,493$170,931$4,263,658
72$7,393,228$740,815$105,028$4,608,569
73$8,073,453$703,230$34,662$4,987,730
74$8,820,733$661,477$0$5,404,680
75$9,641,835$615,276$0$5,873,246
76$10,544,214$564,336$0$6,397,538
77$11,536,080$508,345$0$6,973,851
78$12,626,483$446,977$0$7,607,490
79$13,825,388$379,883$0$8,304,302
80$15,143,779$306,698$0$9,070,734
81$16,593,754$227,035$0$9,913,892
82$18,188,643$140,487$0$10,841,609
83$19,943,134$46,620$0$11,862,521
84$21,873,410$0$0$12,986,148
85$23,997,301$0$0$14,236,907
86$26,334,451$0$0$15,626,332
87$28,906,508$0$0$17,155,501
88$31,737,322$0$0$18,838,607
89$34,853,173$0$0$20,691,287
90$38,283,018$0$0$22,730,771
91$42,058,764$0$0$24,976,045
92$46,215,569$0$0$27,448,030
93$50,792,172$0$0$30,169,776
94$55,831,262$0$0$33,166,685
95$61,379,874$0$0$36,466,746
96$67,489,841$0$0$40,100,800
97$74,218,274$0$0$44,102,833
98$81,628,109$0$0$48,510,294
99$89,788,693$0$0$53,364,448
100$98,776,444$0$0$58,710,768