Can I retire at age 45 with 717,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $717,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$59,209$58,682$58,167$57,665$57,175$56,043
2 years$29,311$28,766$28,237$27,724$27,226$26,091
3 years$19,347$18,799$18,271$17,763$17,273$16,170
4 years$14,366$13,819$13,297$12,797$12,319$11,256
5 years$11,378$10,834$10,319$9,829$9,365$8,345
6 years$9,386$8,847$8,339$7,861$7,410$6,435
7 years$7,964$7,430$6,930$6,463$6,027$5,095
8 years$6,898$6,369$5,877$5,421$5,000$4,113
9 years$6,070$5,545$5,062$4,618$4,210$3,367
10 years$5,407$4,888$4,413$3,981$3,587$2,787
11 years$4,866$4,351$3,885$3,464$3,085$2,327
12 years$4,415$3,905$3,448$3,039$2,674$1,956
13 years$4,033$3,529$3,081$2,683$2,331$1,654
14 years$3,707$3,208$2,768$2,381$2,044$1,405
15 years$3,424$2,931$2,499$2,124$1,800$1,197
16 years$3,177$2,689$2,266$1,902$1,590$1,024
17 years$2,959$2,476$2,062$1,709$1,410$878
18 years$2,765$2,288$1,882$1,540$1,254$754
19 years$2,592$2,121$1,723$1,391$1,118$650
20 years$2,437$1,971$1,581$1,260$998$560
21 years$2,296$1,836$1,454$1,144$893$484
22 years$2,169$1,713$1,340$1,040$801$418
23 years$2,053$1,603$1,238$947$719$362
24 years$1,946$1,501$1,145$864$646$314
25 years$1,849$1,409$1,060$789$581$272
26 years$1,758$1,324$983$721$524$236
27 years$1,675$1,246$913$660$472$205
28 years$1,598$1,174$849$605$426$178
29 years$1,526$1,108$790$555$385$154
30 years$1,460$1,046$736$509$348$134
31 years$1,397$989$686$468$314$117
32 years$1,339$936$640$430$284$101
33 years$1,284$886$598$395$257$88
34 years$1,233$840$558$364$233$77
35 years$1,184$797$522$335$211$67
36 years$1,139$756$488$308$191$58
37 years$1,096$718$457$284$173$51
38 years$1,055$683$428$262$157$44
39 years$1,017$649$401$241$142$38
40 years$980$618$376$223$129$33
41 years$946$588$352$205$117$29
42 years$913$560$331$190$106$25
43 years$882$533$310$175$97$22
44 years$852$508$291$162$88$19
45 years$824$485$273$149$80$17
46 years$797$463$257$138$72$15
47 years$771$441$241$127$66$13
48 years$746$421$227$118$60$11
49 years$723$402$213$109$54$10
50 years$700$384$200$101$49$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $717,000, adding $4,431 every year, while hoping to spend $26,156 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: 66/21/13 Blend
44$717,000$717,000$717,000$717,000
45$794,705$756,704$745,590$844,498
46$847,935$765,952$742,738$887,523
47$905,718$774,778$738,913$931,052
48$968,490$783,131$734,056$977,969
49$1,036,733$790,961$728,103$1,028,605
50$1,110,974$798,213$720,989$1,083,323
51$1,191,795$804,827$712,644$1,142,523
52$1,279,837$810,742$702,996$1,206,648
53$1,375,803$815,891$691,969$1,276,185
54$1,480,468$820,203$679,483$1,351,672
55$1,594,685$823,602$665,456$1,433,700
56$1,719,394$826,010$649,799$1,522,925
57$1,855,627$827,339$632,423$1,620,067
58$2,004,524$827,501$613,232$1,725,921
59$2,167,336$826,400$592,125$1,841,363
60$2,345,443$823,932$569,000$1,967,361
61$2,540,363$819,990$543,747$2,104,980
62$2,753,769$814,458$516,252$2,255,396
63$2,987,503$807,216$486,396$2,419,907
64$3,243,593$798,134$454,054$2,599,942
65$3,524,271$787,075$419,097$2,797,078
66$3,831,999$773,893$381,389$3,013,053
67$4,169,485$758,436$340,787$3,249,787
68$4,539,713$740,540$297,144$3,509,393
69$4,945,969$720,032$250,304$3,794,203
70$5,391,875$696,731$200,106$4,106,789
71$5,881,418$670,442$146,382$4,449,985
72$6,418,991$640,962$88,954$4,826,918
73$7,009,433$608,074$27,638$5,241,037
74$7,658,074$571,549$0$5,696,140
75$8,370,788$531,145$0$6,201,664
76$9,154,044$486,607$0$6,761,417
77$10,014,969$437,663$0$7,376,687
78$10,961,416$384,029$0$8,053,121
79$12,002,035$325,401$0$8,796,945
80$13,146,358$261,461$0$9,615,021
81$14,404,885$191,871$0$10,514,911
82$15,789,187$116,276$0$11,504,953
83$17,312,010$34,300$0$12,594,334
84$18,987,399$0$0$13,793,181
85$20,830,829$0$0$15,125,242
86$22,859,350$0$0$16,599,825
87$25,091,750$0$0$18,222,667
88$27,548,728$0$0$20,008,824
89$30,253,093$0$0$21,974,883
90$33,229,976$0$0$24,139,123
91$36,507,070$0$0$26,521,683
92$40,114,888$0$0$29,144,756
93$44,087,053$0$0$32,032,795
94$48,460,613$0$0$35,212,746
95$53,276,391$0$0$38,714,298
96$58,579,371$0$0$42,570,170
97$64,419,122$0$0$46,816,410
98$70,850,265$0$0$51,492,747
99$77,932,987$0$0$56,642,952
100$85,733,610$0$0$62,315,265