Can I retire at age 45 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$68,210$67,603$67,010$66,431$65,866$64,144
2 years$33,767$33,139$32,529$31,938$31,365$29,641
3 years$22,288$21,656$21,048$20,463$19,899$18,228
4 years$16,549$15,920$15,318$14,743$14,192$12,587
5 years$13,107$12,481$11,887$11,324$10,789$9,254
6 years$10,813$10,192$9,607$9,056$8,537$7,073
7 years$9,175$8,559$7,983$7,445$6,943$5,551
8 years$7,947$7,337$6,770$6,246$5,760$4,439
9 years$6,993$6,388$5,831$5,320$4,850$3,599
10 years$6,229$5,631$5,084$4,586$4,133$2,950
11 years$5,605$5,013$4,476$3,991$3,554$2,438
12 years$5,086$4,499$3,972$3,501$3,080$2,028
13 years$4,646$4,066$3,549$3,091$2,686$1,696
14 years$4,270$3,696$3,189$2,743$2,354$1,425
15 years$3,944$3,376$2,879$2,447$2,073$1,201
16 years$3,659$3,098$2,610$2,191$1,832$1,016
17 years$3,408$2,853$2,375$1,968$1,625$861
18 years$3,186$2,636$2,168$1,774$1,444$731
19 years$2,986$2,443$1,985$1,603$1,287$622
20 years$2,807$2,270$1,822$1,452$1,150$530
21 years$2,646$2,115$1,676$1,317$1,029$452
22 years$2,499$1,974$1,544$1,198$922$386
23 years$2,365$1,846$1,426$1,091$828$330
24 years$2,242$1,730$1,319$995$744$282
25 years$2,130$1,623$1,221$909$670$242
26 years$2,026$1,526$1,133$831$603$207
27 years$1,930$1,436$1,052$761$544$177
28 years$1,841$1,353$978$697$491$152
29 years$1,758$1,276$910$639$443$130
30 years$1,681$1,205$848$586$400$112
31 years$1,610$1,139$790$539$362$96
32 years$1,542$1,078$737$495$327$82
33 years$1,479$1,021$688$455$296$71
34 years$1,420$968$643$419$268$61
35 years$1,364$918$601$386$243$52
36 years$1,312$871$563$355$220$45
37 years$1,262$827$527$327$200$38
38 years$1,216$786$493$302$181$33
39 years$1,171$748$462$278$164$28
40 years$1,129$711$433$256$149$24
41 years$1,089$677$406$237$135$21
42 years$1,052$645$381$218$123$18
43 years$1,016$615$357$202$111$15
44 years$981$586$335$186$101$13
45 years$949$559$315$172$92$11
46 years$918$533$296$159$83$10
47 years$888$508$278$147$76$8
48 years$860$485$261$136$69$7
49 years$832$464$245$125$62$6
50 years$806$443$231$116$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $826,000, adding $2,595 every year, while hoping to spend $57,333 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: 32/46/22 Blend
44$826,000$826,000$826,000$826,000
45$912,929$869,151$856,348$935,876
46$945,046$850,737$824,034$934,952
47$978,517$829,500$788,715$928,597
48$1,013,420$805,240$750,232$920,573
49$1,049,839$777,747$708,414$910,769
50$1,087,863$746,797$663,087$899,070
51$1,127,591$712,156$614,066$885,354
52$1,169,127$673,573$561,159$869,494
53$1,212,586$630,786$504,166$851,358
54$1,258,089$583,514$442,875$830,808
55$1,305,771$531,463$377,068$807,698
56$1,355,777$474,322$306,517$781,876
57$1,408,262$411,760$230,982$753,186
58$1,463,399$343,430$150,213$721,462
59$1,521,371$268,964$63,951$686,533
60$1,582,381$187,973$0$648,222
61$1,646,648$100,048$0$612,941
62$1,714,410$4,754$0$590,349
63$1,785,927$0$0$565,290
64$1,861,484$0$0$587,420
65$1,941,390$0$0$613,424
66$2,025,981$0$0$641,012
67$2,115,628$0$0$670,312
68$2,210,734$0$0$701,464
69$2,311,738$0$0$734,621
70$2,419,124$0$0$769,951
71$2,533,418$0$0$807,637
72$2,655,198$0$0$847,881
73$2,785,095$0$0$890,901
74$2,923,802$0$0$936,941
75$3,072,078$0$0$986,265
76$3,230,755$0$0$1,039,163
77$3,400,745$0$0$1,095,954
78$3,583,048$0$0$1,156,988
79$3,778,762$0$0$1,222,649
80$3,989,092$0$0$1,293,358
81$4,215,359$0$0$1,369,578
82$4,459,016$0$0$1,451,818
83$4,721,657$0$0$1,540,636
84$5,005,034$0$0$1,636,648
85$5,311,071$0$0$1,740,526
86$5,641,882$0$0$1,853,014
87$5,999,793$0$0$1,974,927
88$6,387,358$0$0$2,107,161
89$6,807,384$0$0$2,250,703
90$7,262,962$0$0$2,406,637
91$7,757,488$0$0$2,576,158
92$8,294,697$0$0$2,760,577
93$8,878,698$0$0$2,961,338
94$9,514,012$0$0$3,180,032
95$10,205,614$0$0$3,418,406
96$10,958,976$0$0$3,678,386
97$11,780,122$0$0$3,962,090
98$12,675,679$0$0$4,271,849
99$13,652,943$0$0$4,610,232
100$14,719,945$0$0$4,980,062