Can I retire at age 45 with 837,000?

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 $837,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$69,119$68,503$67,902$67,316$66,744$64,427
2 years$34,217$33,580$32,962$32,363$31,783$29,472
3 years$22,585$21,945$21,329$20,736$20,164$17,933
4 years$16,770$16,132$15,522$14,939$14,381$12,247
5 years$13,282$12,648$12,046$11,474$10,932$8,900
6 years$10,957$10,328$9,735$9,176$8,650$6,721
7 years$9,297$8,673$8,090$7,544$7,035$5,209
8 years$8,053$7,434$6,861$6,329$5,836$4,112
9 years$7,086$6,473$5,909$5,391$4,915$3,290
10 years$6,312$5,706$5,152$4,647$4,188$2,659
11 years$5,680$5,079$4,535$4,044$3,602$2,167
12 years$5,153$4,559$4,025$3,547$3,121$1,777
13 years$4,708$4,120$3,596$3,132$2,722$1,464
14 years$4,327$3,745$3,231$2,780$2,386$1,211
15 years$3,997$3,421$2,917$2,479$2,101$1,005
16 years$3,708$3,139$2,645$2,220$1,857$837
17 years$3,454$2,891$2,407$1,995$1,646$698
18 years$3,228$2,671$2,197$1,797$1,464$583
19 years$3,026$2,476$2,011$1,624$1,305$488
20 years$2,845$2,300$1,846$1,471$1,165$409
21 years$2,681$2,143$1,698$1,335$1,043$343
22 years$2,532$2,000$1,565$1,214$935$288
23 years$2,396$1,871$1,445$1,105$839$242
24 years$2,272$1,753$1,336$1,008$754$203
25 years$2,158$1,645$1,238$921$679$171
26 years$2,053$1,546$1,148$842$611$144
27 years$1,956$1,455$1,066$771$551$121
28 years$1,865$1,371$991$706$497$102
29 years$1,782$1,293$922$647$449$86
30 years$1,704$1,221$859$594$406$72
31 years$1,631$1,155$801$546$367$61
32 years$1,563$1,093$747$502$332$51
33 years$1,499$1,035$698$461$300$43
34 years$1,439$981$652$424$272$36
35 years$1,383$930$609$391$246$31
36 years$1,329$883$570$360$223$26
37 years$1,279$838$534$331$202$22
38 years$1,232$797$500$306$183$18
39 years$1,187$758$468$282$166$15
40 years$1,144$721$439$260$151$13
41 years$1,104$686$411$240$137$11
42 years$1,066$654$386$221$124$9
43 years$1,029$623$362$204$113$8
44 years$994$594$340$189$102$7
45 years$961$566$319$174$93$6
46 years$930$540$300$161$84$5
47 years$900$515$282$149$77$4
48 years$871$492$265$137$70$3
49 years$844$470$249$127$63$3
50 years$817$449$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 $837,000, adding $3,050 every year, while hoping to spend $51,242 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: 53/32/15 Blend
44$837,000$837,000$837,000$837,000
45$925,520$881,159$868,186$970,702
46$965,402$869,815$842,749$990,556
47$1,007,635$856,197$814,742$1,006,437
48$1,052,403$840,141$784,026$1,022,566
49$1,099,911$821,470$750,454$1,038,978
50$1,150,380$800,000$713,872$1,055,717
51$1,204,052$775,534$674,120$1,072,835
52$1,261,193$747,863$631,031$1,090,391
53$1,322,094$716,768$584,430$1,108,453
54$1,387,074$682,015$534,134$1,127,101
55$1,456,480$643,358$479,952$1,146,427
56$1,530,695$600,537$421,684$1,166,536
57$1,610,138$553,275$359,123$1,187,547
58$1,695,268$501,282$292,050$1,209,598
59$1,786,591$444,250$220,239$1,232,845
60$1,884,657$381,853$143,451$1,257,465
61$1,990,076$313,747$61,440$1,283,658
62$2,103,512$239,569$0$1,311,652
63$2,225,698$158,936$0$1,345,879
64$2,357,438$71,442$0$1,393,219
65$2,499,613$0$0$1,444,201
66$2,653,194$0$0$1,507,457
67$2,819,247$0$0$1,603,113
68$2,998,944$0$0$1,706,697
69$3,193,571$0$0$1,818,958
70$3,404,546$0$0$1,940,722
71$3,633,425$0$0$2,072,897
72$3,881,921$0$0$2,216,483
73$4,151,916$0$0$2,372,576
74$4,445,484$0$0$2,542,387
75$4,764,902$0$0$2,727,244
76$5,112,680$0$0$2,928,611
77$5,491,576$0$0$3,148,098
78$5,904,628$0$0$3,387,477
79$6,355,178$0$0$3,648,698
80$6,846,904$0$0$3,933,908
81$7,383,857$0$0$4,245,470
82$7,970,494$0$0$4,585,986
83$8,611,723$0$0$4,958,321
84$9,312,947$0$0$5,365,627
85$10,080,114$0$0$5,811,377
86$10,919,776$0$0$6,299,396
87$11,839,146$0$0$6,833,893
88$12,846,166$0$0$7,419,505
89$13,949,584$0$0$8,061,340
90$15,159,033$0$0$8,765,020
91$16,485,124$0$0$9,536,740
92$17,939,542$0$0$10,383,324
93$19,535,158$0$0$11,312,284
94$21,286,150$0$0$12,331,900
95$23,208,132$0$0$13,451,287
96$25,318,306$0$0$14,680,490
97$27,635,621$0$0$16,030,574
98$30,180,950$0$0$17,513,724
99$32,977,287$0$0$19,143,369
100$36,049,963$0$0$20,934,300