Can I retire at age 45 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$59,870$59,337$58,816$58,308$57,813$56,785
2 years$29,639$29,087$28,552$28,033$27,530$26,498
3 years$19,563$19,008$18,475$17,961$17,466$16,462
4 years$14,526$13,973$13,445$12,940$12,457$11,489
5 years$11,504$10,955$10,434$9,939$9,470$8,540
6 years$9,491$8,946$8,432$7,948$7,493$6,603
7 years$8,053$7,513$7,007$6,535$6,094$5,243
8 years$6,975$6,440$5,943$5,482$5,055$4,244
9 years$6,138$5,607$5,118$4,669$4,257$3,485
10 years$5,468$4,942$4,462$4,025$3,627$2,894
11 years$4,920$4,400$3,929$3,503$3,120$2,424
12 years$4,464$3,949$3,486$3,073$2,704$2,044
13 years$4,078$3,569$3,115$2,713$2,358$1,734
14 years$3,748$3,244$2,799$2,408$2,067$1,477
15 years$3,462$2,963$2,527$2,147$1,820$1,264
16 years$3,212$2,719$2,291$1,923$1,608$1,085
17 years$2,992$2,504$2,085$1,728$1,426$933
18 years$2,796$2,314$1,903$1,557$1,268$805
19 years$2,621$2,144$1,742$1,407$1,130$696
20 years$2,464$1,993$1,599$1,274$1,009$602
21 years$2,322$1,856$1,471$1,156$903$522
22 years$2,193$1,733$1,355$1,051$810$453
23 years$2,076$1,620$1,252$958$727$394
24 years$1,968$1,518$1,157$873$653$342
25 years$1,869$1,425$1,072$798$588$298
26 years$1,778$1,339$994$729$530$259
27 years$1,694$1,260$923$668$477$226
28 years$1,616$1,188$858$612$431$197
29 years$1,543$1,120$799$561$389$172
30 years$1,476$1,058$744$515$351$150
31 years$1,413$1,000$694$473$318$131
32 years$1,354$946$647$434$287$114
33 years$1,298$896$604$400$260$100
34 years$1,246$849$565$368$236$87
35 years$1,198$806$528$338$213$76
36 years$1,151$765$494$312$193$67
37 years$1,108$726$462$287$175$58
38 years$1,067$690$433$265$159$51
39 years$1,028$656$405$244$144$44
40 years$991$624$380$225$131$39
41 years$956$594$356$208$119$34
42 years$923$566$334$192$108$30
43 years$891$539$314$177$98$26
44 years$861$514$294$163$89$23
45 years$833$490$276$151$80$20
46 years$805$468$260$139$73$17
47 years$779$446$244$129$66$15
48 years$754$426$229$119$60$13
49 years$731$407$215$110$55$12
50 years$708$389$203$102$50$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $725,000, adding $6,733 every year, while hoping to spend $45,361 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: 36/44/20 Blend
44$725,000$725,000$725,000$725,000
45$805,895$767,470$756,233$829,810
46$839,833$756,812$733,303$837,203
47$875,712$744,112$708,084$840,461
48$913,682$729,221$680,453$843,042
49$953,908$711,983$650,278$844,912
50$996,568$692,232$617,424$846,037
51$1,041,858$669,792$581,748$846,385
52$1,089,993$644,477$543,102$845,923
53$1,141,206$616,090$501,330$844,623
54$1,195,754$584,424$456,269$842,456
55$1,253,917$549,257$407,751$839,397
56$1,316,004$510,357$355,597$835,424
57$1,382,350$467,478$299,623$830,518
58$1,453,325$420,360$239,636$824,667
59$1,529,333$368,727$175,433$817,862
60$1,610,819$312,289$106,804$810,102
61$1,698,270$250,738$33,529$801,393
62$1,792,220$183,751$0$791,750
63$1,893,255$110,984$0$790,729
64$2,002,021$32,075$0$797,093
65$2,119,224$0$0$803,781
66$2,245,640$0$0$836,750
67$2,382,125$0$0$889,190
68$2,529,615$0$0$945,943
69$2,689,140$0$0$1,007,416
70$2,861,835$0$0$1,074,056
71$3,048,945$0$0$1,146,355
72$3,251,838$0$0$1,224,855
73$3,472,022$0$0$1,310,152
74$3,711,152$0$0$1,402,901
75$3,971,050$0$0$1,503,822
76$4,253,720$0$0$1,613,709
77$4,561,368$0$0$1,733,433
78$4,896,420$0$0$1,863,956
79$5,261,546$0$0$2,006,334
80$5,659,684$0$0$2,161,731
81$6,094,068$0$0$2,331,427
82$6,568,257$0$0$2,516,832
83$7,086,171$0$0$2,719,498
84$7,652,122$0$0$2,941,132
85$8,270,859$0$0$3,183,618
86$8,947,612$0$0$3,449,025
87$9,688,138$0$0$3,739,635
88$10,498,774$0$0$4,057,959
89$11,386,503$0$0$4,406,765
90$12,359,011$0$0$4,789,098
91$13,424,764$0$0$5,208,314
92$14,593,085$0$0$5,668,107
93$15,874,244$0$0$6,172,548
94$17,279,550$0$0$6,726,121
95$18,821,460$0$0$7,333,764
96$20,513,696$0$0$8,000,915
97$22,371,372$0$0$8,733,568
98$24,411,137$0$0$9,538,323
99$26,651,331$0$0$10,422,452
100$29,112,159$0$0$11,393,966