Can I retire at age 45 with 833,000?

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 $833,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$68,788$68,176$67,578$66,994$66,425$66,061
2 years$34,054$33,419$32,805$32,209$31,631$31,264
3 years$22,477$21,840$21,227$20,637$20,068$19,709
4 years$16,690$16,055$15,448$14,867$14,313$13,965
5 years$13,218$12,587$11,988$11,420$10,880$10,544
6 years$10,905$10,278$9,688$9,132$8,609$8,286
7 years$9,253$8,632$8,051$7,508$7,002$6,690
8 years$8,015$7,399$6,828$6,298$5,808$5,510
9 years$7,052$6,442$5,881$5,365$4,892$4,605
10 years$6,282$5,678$5,127$4,625$4,168$3,894
11 years$5,653$5,055$4,514$4,025$3,584$3,323
12 years$5,129$4,537$4,006$3,530$3,106$2,856
13 years$4,686$4,100$3,579$3,117$2,709$2,470
14 years$4,306$3,727$3,216$2,767$2,374$2,147
15 years$3,978$3,405$2,903$2,467$2,091$1,875
16 years$3,691$3,124$2,632$2,209$1,848$1,642
17 years$3,437$2,877$2,395$1,985$1,638$1,443
18 years$3,213$2,658$2,187$1,789$1,457$1,272
19 years$3,012$2,464$2,002$1,616$1,298$1,123
20 years$2,831$2,289$1,837$1,464$1,160$994
21 years$2,668$2,133$1,690$1,329$1,038$881
22 years$2,520$1,991$1,557$1,208$930$782
23 years$2,385$1,862$1,438$1,100$835$696
24 years$2,261$1,744$1,330$1,003$751$619
25 years$2,148$1,637$1,232$916$675$552
26 years$2,043$1,539$1,142$838$608$492
27 years$1,946$1,448$1,061$767$549$439
28 years$1,857$1,364$986$703$495$392
29 years$1,773$1,287$918$644$447$350
30 years$1,696$1,216$855$591$404$313
31 years$1,623$1,149$797$543$365$280
32 years$1,555$1,087$744$499$330$251
33 years$1,492$1,030$694$459$299$225
34 years$1,432$976$649$422$271$201
35 years$1,376$926$606$389$245$180
36 years$1,323$879$567$358$222$162
37 years$1,273$834$531$330$201$145
38 years$1,226$793$497$304$182$130
39 years$1,181$754$466$280$165$117
40 years$1,139$717$437$259$150$105
41 years$1,099$683$409$239$136$94
42 years$1,061$650$384$220$124$84
43 years$1,024$620$360$203$112$76
44 years$990$591$338$188$102$68
45 years$957$563$318$173$92$61
46 years$925$537$298$160$84$55
47 years$895$513$280$148$76$49
48 years$867$490$263$137$69$44
49 years$839$467$248$126$63$40
50 years$813$447$233$117$57$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $833,000, adding $3,308 every year, while hoping to spend $29,483 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: 48/31/21 Blend
44$833,000$833,000$833,000$833,000
45$921,378$877,229$864,318$959,983
46$983,989$888,844$861,903$998,830
47$1,051,998$900,039$858,419$1,037,759
48$1,125,925$910,764$853,798$1,079,421
49$1,206,341$920,963$847,972$1,124,084
50$1,293,875$930,577$840,866$1,172,048
51$1,389,218$939,544$832,404$1,223,639
52$1,493,133$947,796$822,504$1,279,223
53$1,606,457$955,262$811,082$1,339,201
54$1,730,112$961,867$798,050$1,404,016
55$1,865,113$967,528$783,314$1,474,159
56$2,012,578$972,161$766,779$1,550,173
57$2,173,738$975,673$748,343$1,632,657
58$2,349,945$977,967$727,898$1,722,272
59$2,542,693$978,941$705,336$1,819,749
60$2,753,621$978,483$680,538$1,925,896
61$2,984,539$976,477$653,385$2,041,605
62$3,237,437$972,799$623,748$2,167,862
63$3,514,507$967,318$591,496$2,305,755
64$3,818,165$959,895$556,489$2,456,485
65$4,151,069$950,380$518,582$2,621,379
66$4,516,147$938,619$477,624$2,801,904
67$4,916,627$924,443$433,457$2,999,677
68$5,356,060$907,678$385,915$3,216,484
69$5,838,360$888,136$334,825$3,454,297
70$6,367,838$865,620$280,007$3,715,294
71$6,949,242$839,921$221,272$4,001,878
72$7,587,805$810,816$158,425$4,316,700
73$8,289,287$778,073$91,258$4,662,688
74$9,060,038$741,442$19,559$5,043,074
75$9,907,051$700,661$0$5,461,422
76$10,838,030$655,454$0$5,934,430
77$11,861,463$605,525$0$6,459,184
78$12,986,702$550,565$0$7,036,141
79$14,224,049$490,247$0$7,670,644
80$15,584,856$424,223$0$8,368,586
81$17,081,629$352,128$0$9,136,460
82$18,728,147$273,574$0$9,981,431
83$20,539,592$188,153$0$10,911,394
84$22,532,692$95,433$0$11,935,059
85$24,725,876$0$0$13,062,024
86$27,139,453$0$0$14,304,595
87$29,795,798$0$0$15,708,086
88$32,719,566$0$0$17,252,982
89$35,937,924$0$0$18,953,652
90$39,480,804$0$0$20,825,928
91$43,381,190$0$0$22,887,254
92$47,675,425$0$0$25,156,854
93$52,403,558$0$0$27,655,908
94$57,609,715$0$0$30,407,757
95$63,342,521$0$0$33,438,120
96$69,655,557$0$0$36,775,336
97$76,607,864$0$0$40,450,634
98$84,264,500$0$0$44,498,424
99$92,697,156$0$0$48,956,627
100$101,984,830$0$0$53,867,027