Can I retire at age 45 with 835,000?

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 $835,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$68,954$68,339$67,740$67,155$66,584$65,725
2 years$34,135$33,500$32,884$32,286$31,707$30,842
3 years$22,531$21,892$21,278$20,686$20,116$19,273
4 years$16,730$16,093$15,485$14,903$14,347$13,532
5 years$13,250$12,617$12,017$11,447$10,906$10,122
6 years$10,931$10,303$9,711$9,154$8,630$7,877
7 years$9,275$8,652$8,070$7,526$7,018$6,297
8 years$8,034$7,417$6,844$6,314$5,822$5,133
9 years$7,069$6,458$5,895$5,378$4,903$4,245
10 years$6,297$5,692$5,139$4,636$4,178$3,551
11 years$5,666$5,067$4,525$4,034$3,593$2,996
12 years$5,141$4,548$4,015$3,539$3,114$2,547
13 years$4,697$4,110$3,588$3,124$2,715$2,177
14 years$4,317$3,736$3,223$2,773$2,380$1,870
15 years$3,987$3,413$2,910$2,473$2,096$1,613
16 years$3,699$3,131$2,639$2,215$1,852$1,396
17 years$3,446$2,884$2,401$1,990$1,642$1,211
18 years$3,220$2,665$2,192$1,793$1,460$1,054
19 years$3,019$2,470$2,007$1,620$1,302$919
20 years$2,838$2,295$1,841$1,467$1,163$803
21 years$2,674$2,138$1,694$1,332$1,040$702
22 years$2,526$1,995$1,561$1,211$933$615
23 years$2,390$1,866$1,441$1,103$837$539
24 years$2,267$1,749$1,333$1,006$752$473
25 years$2,153$1,641$1,235$919$677$416
26 years$2,048$1,542$1,145$840$610$366
27 years$1,951$1,451$1,063$769$550$322
28 years$1,861$1,368$989$704$496$283
29 years$1,778$1,290$920$646$448$249
30 years$1,700$1,218$857$593$405$220
31 years$1,627$1,152$799$544$366$194
32 years$1,559$1,090$745$500$331$171
33 years$1,495$1,032$696$460$300$151
34 years$1,436$978$650$423$271$133
35 years$1,379$928$608$390$246$117
36 years$1,326$881$569$359$223$104
37 years$1,276$836$532$331$202$92
38 years$1,229$795$498$305$183$81
39 years$1,184$756$467$281$166$71
40 years$1,142$719$438$259$150$63
41 years$1,101$685$410$239$136$56
42 years$1,063$652$385$221$124$49
43 years$1,027$621$361$204$112$43
44 years$992$592$339$188$102$38
45 years$959$565$318$174$93$34
46 years$928$539$299$160$84$30
47 years$898$514$281$148$76$27
48 years$869$491$264$137$69$23
49 years$842$469$248$127$63$21
50 years$815$448$233$117$57$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $835,000, adding $2,717 every year, while hoping to spend $41,629 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: 35/36/29 Blend
44$835,000$835,000$835,000$835,000
45$922,973$878,718$865,775$947,138
46$972,823$877,482$850,486$964,286
47$1,026,363$874,790$833,289$978,854
48$1,083,924$870,528$814,077$993,778
49$1,145,873$864,572$792,736$1,009,120
50$1,212,609$856,793$769,150$1,024,950
51$1,284,572$847,053$743,194$1,041,348
52$1,362,246$835,206$714,739$1,058,408
53$1,446,163$821,099$683,650$1,076,235
54$1,536,906$804,567$649,786$1,094,951
55$1,635,116$785,437$613,000$1,114,694
56$1,741,499$763,524$573,137$1,135,620
57$1,856,831$738,636$530,036$1,157,906
58$1,981,964$710,565$483,529$1,181,754
59$2,117,837$679,095$433,439$1,207,391
60$2,265,480$643,995$379,583$1,235,072
61$2,426,029$605,021$321,769$1,265,086
62$2,600,733$561,915$259,797$1,297,757
63$2,790,964$514,406$193,457$1,333,449
64$2,998,235$462,205$122,531$1,372,572
65$3,224,210$405,007$46,790$1,415,583
66$3,470,719$342,492$0$1,462,997
67$3,739,777$274,319$0$1,525,921
68$4,033,604$200,130$0$1,610,599
69$4,354,640$119,545$0$1,703,338
70$4,705,574$32,164$0$1,805,021
71$5,089,367$0$0$1,916,630
72$5,509,278$0$0$2,063,987
73$5,968,894$0$0$2,239,341
74$6,472,167$0$0$2,431,473
75$7,023,450$0$0$2,642,061
76$7,627,534$0$0$2,872,949
77$8,289,696$0$0$3,126,172
78$9,015,750$0$0$3,403,969
79$9,812,098$0$0$3,708,808
80$10,685,790$0$0$4,043,406
81$11,644,594$0$0$4,410,756
82$12,697,064$0$0$4,814,156
83$13,852,626$0$0$5,257,239
84$15,121,659$0$0$5,744,005
85$16,515,599$0$0$6,278,862
86$18,047,045$0$0$6,866,668
87$19,729,875$0$0$7,512,772
88$21,579,376$0$0$8,223,068
89$23,612,394$0$0$9,004,050
90$25,847,486$0$0$9,862,873
91$28,305,096$0$0$10,807,418
92$31,007,748$0$0$11,846,370
93$33,980,261$0$0$12,989,299
94$37,249,976$0$0$14,246,746
95$40,847,019$0$0$15,630,328
96$44,804,583$0$0$17,152,843
97$49,159,241$0$0$18,828,393
98$53,951,288$0$0$20,672,517
99$59,225,126$0$0$22,702,337
100$65,029,675$0$0$24,936,716