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%11.1%
1 years$59,870$59,337$58,816$58,308$57,813$57,545
2 years$29,639$29,087$28,552$28,033$27,530$27,259
3 years$19,563$19,008$18,475$17,961$17,466$17,202
4 years$14,526$13,973$13,445$12,940$12,457$12,200
5 years$11,504$10,955$10,434$9,939$9,470$9,222
6 years$9,491$8,946$8,432$7,948$7,493$7,254
7 years$8,053$7,513$7,007$6,535$6,094$5,864
8 years$6,975$6,440$5,943$5,482$5,055$4,835
9 years$6,138$5,607$5,118$4,669$4,257$4,046
10 years$5,468$4,942$4,462$4,025$3,627$3,425
11 years$4,920$4,400$3,929$3,503$3,120$2,926
12 years$4,464$3,949$3,486$3,073$2,704$2,518
13 years$4,078$3,569$3,115$2,713$2,358$2,181
14 years$3,748$3,244$2,799$2,408$2,067$1,898
15 years$3,462$2,963$2,527$2,147$1,820$1,659
16 years$3,212$2,719$2,291$1,923$1,608$1,456
17 years$2,992$2,504$2,085$1,728$1,426$1,281
18 years$2,796$2,314$1,903$1,557$1,268$1,130
19 years$2,621$2,144$1,742$1,407$1,130$1,000
20 years$2,464$1,993$1,599$1,274$1,009$886
21 years$2,322$1,856$1,471$1,156$903$787
22 years$2,193$1,733$1,355$1,051$810$699
23 years$2,076$1,620$1,252$958$727$623
24 years$1,968$1,518$1,157$873$653$555
25 years$1,869$1,425$1,072$798$588$495
26 years$1,778$1,339$994$729$530$442
27 years$1,694$1,260$923$668$477$395
28 years$1,616$1,188$858$612$431$354
29 years$1,543$1,120$799$561$389$317
30 years$1,476$1,058$744$515$351$284
31 years$1,413$1,000$694$473$318$254
32 years$1,354$946$647$434$287$228
33 years$1,298$896$604$400$260$204
34 years$1,246$849$565$368$236$183
35 years$1,198$806$528$338$213$165
36 years$1,151$765$494$312$193$148
37 years$1,108$726$462$287$175$133
38 years$1,067$690$433$265$159$119
39 years$1,028$656$405$244$144$107
40 years$991$624$380$225$131$96
41 years$956$594$356$208$119$86
42 years$923$566$334$192$108$78
43 years$891$539$314$177$98$70
44 years$861$514$294$163$89$63
45 years$833$490$276$151$80$56
46 years$805$468$260$139$73$51
47 years$779$446$244$129$66$46
48 years$754$426$229$119$60$41
49 years$731$407$215$110$55$37
50 years$708$389$203$102$50$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $725,000, adding $5,830 every year, while hoping to spend $36,546 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: 45/42/13 Blend
44$725,000$725,000$725,000$725,000
45$804,964$766,539$755,301$837,956
46$848,185$765,214$741,719$860,161
47$894,591$762,600$726,457$880,058
48$944,466$758,595$709,420$900,827
49$998,125$753,090$690,510$922,563
50$1,055,913$745,971$669,621$945,372
51$1,118,209$737,116$646,647$969,375
52$1,185,429$726,397$621,472$994,706
53$1,258,030$713,678$593,978$1,021,515
54$1,336,515$698,813$564,042$1,049,973
55$1,421,435$681,651$531,532$1,080,266
56$1,513,397$662,028$496,315$1,112,608
57$1,613,070$639,773$458,248$1,147,234
58$1,721,186$614,705$417,182$1,184,409
59$1,838,553$586,631$372,964$1,224,428
60$1,966,058$555,349$325,431$1,267,619
61$2,104,678$520,643$274,415$1,314,350
62$2,255,487$482,287$219,739$1,365,029
63$2,419,666$440,038$161,220$1,420,112
64$2,598,516$393,645$98,666$1,480,106
65$2,793,469$342,837$31,875$1,545,576
66$3,006,099$287,332$0$1,617,150
67$3,238,139$226,830$0$1,700,992
68$3,491,498$161,013$0$1,797,487
69$3,768,277$89,549$0$1,903,101
70$4,070,787$12,083$0$2,018,827
71$4,401,575$0$0$2,145,763
72$4,763,444$0$0$2,318,289
73$5,159,479$0$0$2,513,300
74$5,593,081$0$0$2,726,896
75$6,067,991$0$0$2,960,933
76$6,588,331$0$0$3,217,452
77$7,158,640$0$0$3,498,702
78$7,783,917$0$0$3,807,162
79$8,469,668$0$0$4,145,560
80$9,221,956$0$0$4,516,902
81$10,047,462$0$0$4,924,498
82$10,953,543$0$0$5,371,995
83$11,948,304$0$0$5,863,411
84$13,040,671$0$0$6,403,171
85$14,240,479$0$0$6,996,149
86$15,558,562$0$0$7,647,717
87$17,006,854$0$0$8,363,790
88$18,598,504$0$0$9,150,887
89$20,347,996$0$0$10,016,189
90$22,271,288$0$0$10,967,606
91$24,385,962$0$0$12,013,856
92$26,711,387$0$0$13,164,541
93$29,268,904$0$0$14,430,242
94$32,082,025$0$0$15,822,617
95$35,176,658$0$0$17,354,509
96$38,581,344$0$0$19,040,071
97$42,327,534$0$0$20,894,895
98$46,449,878$0$0$22,936,162
99$50,986,556$0$0$25,182,804
100$55,979,638$0$0$27,655,678