Can I retire at age 45 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$68,541$67,930$67,334$66,753$66,185$64,221
2 years$33,931$33,299$32,687$32,093$31,517$29,554
3 years$22,396$21,761$21,150$20,562$19,996$18,096
4 years$16,630$15,997$15,392$14,814$14,261$12,439
5 years$13,171$12,542$11,945$11,378$10,841$9,102
6 years$10,865$10,241$9,653$9,099$8,578$6,923
7 years$9,220$8,601$8,022$7,481$6,976$5,405
8 years$7,986$7,372$6,803$6,276$5,788$4,299
9 years$7,026$6,419$5,860$5,346$4,874$3,467
10 years$6,260$5,658$5,109$4,608$4,153$2,826
11 years$5,633$5,037$4,497$4,010$3,572$2,322
12 years$5,110$4,521$3,991$3,518$3,095$1,920
13 years$4,669$4,086$3,566$3,105$2,699$1,596
14 years$4,291$3,714$3,204$2,757$2,366$1,333
15 years$3,963$3,393$2,893$2,458$2,083$1,116
16 years$3,677$3,113$2,623$2,201$1,841$938
17 years$3,425$2,867$2,387$1,978$1,632$790
18 years$3,201$2,649$2,179$1,782$1,451$666
19 years$3,001$2,455$1,995$1,611$1,294$563
20 years$2,821$2,281$1,830$1,459$1,156$476
21 years$2,658$2,125$1,684$1,324$1,034$404
22 years$2,511$1,983$1,552$1,204$927$342
23 years$2,376$1,855$1,433$1,096$832$290
24 years$2,253$1,738$1,325$1,000$748$247
25 years$2,140$1,631$1,227$913$673$210
26 years$2,036$1,533$1,138$835$606$178
27 years$1,939$1,443$1,057$764$547$152
28 years$1,850$1,359$983$700$493$129
29 years$1,767$1,283$914$642$445$110
30 years$1,690$1,211$852$589$402$93
31 years$1,617$1,145$794$541$364$80
32 years$1,550$1,083$741$497$329$68
33 years$1,486$1,026$692$457$298$58
34 years$1,427$972$646$421$270$49
35 years$1,371$922$604$387$244$42
36 years$1,318$875$565$357$221$36
37 years$1,268$831$529$329$201$30
38 years$1,221$790$495$303$182$26
39 years$1,177$751$464$279$165$22
40 years$1,135$715$435$258$150$19
41 years$1,095$680$408$238$136$16
42 years$1,057$648$383$219$123$14
43 years$1,021$617$359$203$112$12
44 years$986$589$337$187$101$10
45 years$953$561$317$173$92$8
46 years$922$535$297$160$84$7
47 years$892$511$279$147$76$6
48 years$864$488$262$136$69$5
49 years$836$466$247$126$63$4
50 years$810$445$232$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $830,000, adding $3,947 every year, while hoping to spend $24,045 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: 45/34/21 Blend
44$830,000$830,000$830,000$830,000
45$918,731$874,741$861,876$954,358
46$986,858$892,020$865,165$997,083
47$1,061,128$909,339$867,759$1,040,709
48$1,142,142$926,676$869,608$1,087,527
49$1,230,563$944,005$870,662$1,137,843
50$1,327,117$961,298$870,866$1,191,998
51$1,432,608$978,527$870,165$1,250,367
52$1,547,918$995,659$868,499$1,313,363
53$1,674,019$1,012,659$865,807$1,381,443
54$1,811,980$1,029,491$862,023$1,455,111
55$1,962,981$1,046,115$857,080$1,534,920
56$2,128,319$1,062,488$850,906$1,621,485
57$2,309,423$1,078,565$843,426$1,715,481
58$2,507,865$1,094,296$834,562$1,817,654
59$2,725,379$1,109,628$824,232$1,928,827
60$2,963,874$1,124,506$812,350$2,049,908
61$3,225,450$1,138,869$798,825$2,181,898
62$3,512,425$1,152,652$783,564$2,325,902
63$3,827,347$1,165,787$766,469$2,483,138
64$4,173,026$1,178,200$747,435$2,654,951
65$4,552,556$1,189,813$726,355$2,842,825
66$4,969,345$1,200,542$703,116$3,048,395
67$5,427,148$1,210,298$677,601$3,273,466
68$5,930,101$1,218,987$649,684$3,520,028
69$6,482,761$1,226,507$619,239$3,790,277
70$7,090,148$1,232,751$586,128$4,086,636
71$7,757,792$1,237,605$550,212$4,411,775
72$8,491,786$1,240,946$511,343$4,768,640
73$9,298,842$1,242,647$469,367$5,160,480
74$10,186,355$1,242,568$424,123$5,590,881
75$11,162,475$1,240,566$375,442$6,063,793
76$12,236,178$1,236,484$323,150$6,583,575
77$13,417,356$1,230,159$267,063$7,155,034
78$14,716,905$1,221,416$206,989$7,783,471
79$16,146,835$1,210,071$142,728$8,474,731
80$17,720,375$1,195,927$74,072$9,235,260
81$19,452,102$1,178,776$803$10,072,166
82$21,358,080$1,158,400$0$10,993,286
83$23,456,006$1,134,563$0$12,024,603
84$25,765,382$1,107,020$0$13,159,625
85$28,307,695$1,075,508$0$14,408,733
86$31,106,623$1,039,751$0$15,783,570
87$34,188,255$999,455$0$17,296,968
88$37,581,339$954,311$0$18,963,074
89$41,317,553$903,990$0$20,797,478
90$45,431,803$848,145$0$22,817,366
91$49,962,552$786,409$0$25,041,681
92$54,952,184$718,394$0$27,491,301
93$60,447,402$643,691$0$30,189,241
94$66,499,670$561,865$0$33,160,866
95$73,165,698$472,458$0$36,434,135
96$80,507,978$374,987$0$40,039,865
97$88,595,371$268,940$0$44,012,020
98$97,503,758$153,778$0$48,388,038
99$107,316,758$28,930$0$53,209,180
100$118,126,514$0$0$58,520,926