Can I retire at age 45 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$69,036$68,421$67,821$67,236$66,664$64,273
2 years$34,176$33,540$32,923$32,325$31,745$29,362
3 years$22,558$21,919$21,303$20,711$20,140$17,840
4 years$16,750$16,113$15,503$14,921$14,364$12,165
5 years$13,266$12,632$12,031$11,461$10,919$8,826
6 years$10,944$10,315$9,723$9,165$8,640$6,654
7 years$9,286$8,663$8,080$7,535$7,027$5,148
8 years$8,043$7,426$6,852$6,321$5,829$4,057
9 years$7,077$6,465$5,902$5,384$4,909$3,240
10 years$6,305$5,699$5,145$4,641$4,183$2,614
11 years$5,673$5,073$4,530$4,039$3,597$2,126
12 years$5,147$4,554$4,020$3,543$3,117$1,740
13 years$4,703$4,115$3,592$3,128$2,718$1,430
14 years$4,322$3,741$3,227$2,777$2,383$1,181
15 years$3,992$3,417$2,914$2,476$2,098$978
16 years$3,704$3,135$2,642$2,217$1,854$812
17 years$3,450$2,887$2,404$1,992$1,644$676
18 years$3,224$2,668$2,194$1,795$1,462$564
19 years$3,023$2,473$2,009$1,622$1,303$470
20 years$2,841$2,298$1,844$1,469$1,164$393
21 years$2,678$2,140$1,696$1,333$1,042$329
22 years$2,529$1,998$1,563$1,212$934$276
23 years$2,393$1,869$1,443$1,104$838$231
24 years$2,269$1,751$1,335$1,007$753$194
25 years$2,155$1,643$1,236$920$678$162
26 years$2,050$1,544$1,146$841$611$136
27 years$1,953$1,453$1,065$770$550$114
28 years$1,863$1,369$990$705$497$96
29 years$1,780$1,292$921$647$449$81
30 years$1,702$1,220$858$594$405$68
31 years$1,629$1,153$800$545$366$57
32 years$1,561$1,091$746$501$331$48
33 years$1,497$1,033$697$461$300$40
34 years$1,437$979$651$424$272$34
35 years$1,381$929$609$390$246$28
36 years$1,328$882$569$359$223$24
37 years$1,278$837$533$331$202$20
38 years$1,230$796$499$305$183$17
39 years$1,185$757$468$281$166$14
40 years$1,143$720$438$260$151$12
41 years$1,103$685$411$239$137$10
42 years$1,064$653$385$221$124$8
43 years$1,028$622$362$204$113$7
44 years$993$593$340$188$102$6
45 years$960$565$319$174$93$5
46 years$929$539$299$161$84$4
47 years$899$515$281$148$76$4
48 years$870$491$264$137$69$3
49 years$843$469$248$127$63$3
50 years$816$448$234$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $836,000, adding $2,024 every year, while hoping to spend $39,271 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: 59/18/23 Blend
44$836,000$836,000$836,000$836,000
45$923,360$879,052$866,094$972,047
46$975,758$880,341$853,324$1,006,689
47$1,032,186$880,378$838,810$1,040,035
48$1,093,011$879,058$822,452$1,075,549
49$1,158,639$876,274$804,146$1,113,449
50$1,229,518$871,908$783,782$1,153,979
51$1,306,136$865,839$761,246$1,197,406
52$1,389,032$857,935$736,418$1,244,027
53$1,478,797$848,059$709,172$1,294,171
54$1,576,084$836,063$679,379$1,348,203
55$1,681,607$821,793$646,901$1,406,527
56$1,796,154$805,083$611,595$1,469,589
57$1,920,589$785,760$573,311$1,537,883
58$2,055,866$763,639$531,893$1,611,957
59$2,203,031$738,524$487,179$1,692,416
60$2,363,237$710,209$438,996$1,779,931
61$2,537,753$678,474$387,168$1,875,241
62$2,727,973$643,089$331,507$1,979,167
63$2,935,434$603,808$271,820$2,092,614
64$3,161,825$560,372$207,904$2,216,586
65$3,409,009$512,507$139,546$2,352,189
66$3,679,033$459,925$66,525$2,500,649
67$3,974,151$402,318$0$2,663,319
68$4,296,847$339,365$0$2,844,493
69$4,649,854$270,722$0$3,060,631
70$5,036,182$196,030$0$3,297,278
71$5,459,145$114,908$0$3,556,516
72$5,922,392$26,952$0$3,840,642
73$6,429,942$0$0$4,152,189
74$6,986,221$0$0$4,507,468
75$7,596,104$0$0$4,902,905
76$8,264,960$0$0$5,336,650
77$8,998,702$0$0$5,812,546
78$9,803,843$0$0$6,334,829
79$10,687,558$0$0$6,908,160
80$11,657,749$0$0$7,537,678
81$12,723,121$0$0$8,229,040
82$13,893,264$0$0$8,988,480
83$15,178,742$0$0$9,822,866
84$16,591,192$0$0$10,739,762
85$18,143,435$0$0$11,747,503
86$19,849,594$0$0$12,855,270
87$21,725,231$0$0$14,073,180
88$23,787,489$0$0$15,412,377
89$26,055,256$0$0$16,885,139
90$28,549,339$0$0$18,504,996
91$31,292,668$0$0$20,286,851
92$34,310,501$0$0$22,247,127
93$37,630,673$0$0$24,403,918
94$41,283,847$0$0$26,777,161
95$45,303,813$0$0$29,388,822
96$49,727,799$0$0$32,263,105
97$54,596,826$0$0$35,426,678
98$59,956,093$0$0$38,908,927
99$65,855,403$0$0$42,742,231
100$72,349,631$0$0$46,962,266