Can I retire at age 45 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$68,293$67,685$67,091$66,512$65,946$64,066
2 years$33,808$33,179$32,568$31,977$31,403$29,524
3 years$22,315$21,683$21,074$20,488$19,923$18,103
4 years$16,569$15,939$15,336$14,760$14,209$12,463
5 years$13,123$12,496$11,902$11,337$10,802$9,134
6 years$10,826$10,204$9,618$9,067$8,547$6,959
7 years$9,186$8,570$7,993$7,454$6,951$5,442
8 years$7,957$7,346$6,779$6,253$5,767$4,337
9 years$7,001$6,396$5,838$5,326$4,856$3,504
10 years$6,237$5,638$5,090$4,591$4,138$2,861
11 years$5,612$5,019$4,481$3,996$3,559$2,355
12 years$5,092$4,505$3,977$3,505$3,084$1,952
13 years$4,652$4,071$3,553$3,094$2,689$1,626
14 years$4,275$3,700$3,193$2,747$2,357$1,360
15 years$3,949$3,380$2,882$2,450$2,076$1,142
16 years$3,664$3,101$2,613$2,193$1,834$961
17 years$3,413$2,856$2,378$1,971$1,627$811
18 years$3,189$2,639$2,171$1,776$1,446$686
19 years$2,990$2,446$1,987$1,605$1,289$581
20 years$2,811$2,273$1,824$1,453$1,151$493
21 years$2,649$2,117$1,678$1,319$1,030$418
22 years$2,502$1,976$1,546$1,199$924$356
23 years$2,368$1,848$1,428$1,092$829$302
24 years$2,245$1,732$1,320$996$745$257
25 years$2,132$1,625$1,223$910$671$219
26 years$2,028$1,527$1,134$832$604$187
27 years$1,932$1,438$1,053$761$545$159
28 years$1,843$1,355$979$698$491$136
29 years$1,760$1,278$911$640$444$116
30 years$1,683$1,207$849$587$401$99
31 years$1,611$1,141$791$539$362$84
32 years$1,544$1,079$738$496$328$72
33 years$1,481$1,022$689$456$297$62
34 years$1,422$969$644$419$269$53
35 years$1,366$919$602$386$243$45
36 years$1,313$872$563$355$220$38
37 years$1,264$828$527$328$200$33
38 years$1,217$787$494$302$181$28
39 years$1,173$749$463$278$164$24
40 years$1,131$712$434$257$149$20
41 years$1,091$678$406$237$135$17
42 years$1,053$646$381$219$123$15
43 years$1,017$615$358$202$111$13
44 years$983$586$336$186$101$11
45 years$950$559$315$172$92$9
46 years$919$533$296$159$83$8
47 years$889$509$278$147$76$7
48 years$861$486$261$136$69$6
49 years$833$464$246$125$62$5
50 years$807$443$231$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $827,000, adding $6,964 every year, while hoping to spend $46,958 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: 68/18/14 Blend
44$827,000$827,000$827,000$827,000
45$918,537$874,706$861,888$977,588
46$962,265$867,604$840,798$1,010,700
47$1,008,880$858,580$817,428$1,040,676
48$1,058,625$847,490$791,652$1,072,264
49$1,111,770$834,182$763,337$1,105,618
50$1,168,609$818,495$732,347$1,140,907
51$1,229,463$800,258$698,537$1,178,321
52$1,294,687$779,289$661,756$1,218,068
53$1,364,667$755,397$621,848$1,260,381
54$1,439,831$728,378$578,647$1,305,515
55$1,520,644$698,019$531,982$1,353,756
56$1,607,619$664,092$481,673$1,405,418
57$1,701,320$626,356$427,533$1,460,853
58$1,802,364$584,557$369,365$1,520,446
59$1,911,432$538,427$306,965$1,584,628
60$2,029,269$487,681$240,120$1,653,871
61$2,156,696$432,019$168,605$1,728,704
62$2,294,614$371,123$92,189$1,809,707
63$2,444,015$304,659$10,628$1,897,525
64$2,605,989$232,271$0$1,992,872
65$2,781,733$153,586$0$2,107,952
66$2,972,566$68,208$0$2,234,658
67$3,179,938$0$0$2,372,409
68$3,405,443$0$0$2,527,127
69$3,650,835$0$0$2,710,234
70$3,918,046$0$0$2,909,666
71$4,209,200$0$0$3,127,015
72$4,526,633$0$0$3,364,030
73$4,872,920$0$0$3,622,640
74$5,250,893$0$0$3,904,966
75$5,663,667$0$0$4,213,343
76$6,114,676$0$0$4,550,342
77$6,607,698$0$0$4,918,792
78$7,146,891$0$0$5,321,810
79$7,736,836$0$0$5,762,827
80$8,382,576$0$0$6,245,621
81$9,089,664$0$0$6,774,352
82$9,864,215$0$0$7,353,601
83$10,712,963$0$0$7,988,415
84$11,643,325$0$0$8,684,348
85$12,663,470$0$0$9,447,522
86$13,782,394$0$0$10,284,677
87$15,010,007$0$0$11,203,237
88$16,357,223$0$0$12,211,380
89$17,836,066$0$0$13,318,115
90$19,459,778$0$0$14,533,363
91$21,242,949$0$0$15,868,055
92$23,201,649$0$0$17,334,234
93$25,353,581$0$0$18,945,163
94$27,718,250$0$0$20,715,457
95$30,317,140$0$0$22,661,213
96$33,173,924$0$0$24,800,170
97$36,314,680$0$0$27,151,867
98$39,768,138$0$0$29,737,832
99$43,565,955$0$0$32,581,785
100$47,743,004$0$0$35,709,858