Can I retire at age 45 with 726,000?

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 $726,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$59,952$59,418$58,897$58,389$57,892$57,552
2 years$29,679$29,127$28,591$28,072$27,568$27,224
3 years$19,590$19,035$18,500$17,986$17,490$17,154
4 years$14,546$13,992$13,463$12,958$12,474$12,148
5 years$11,520$10,970$10,448$9,953$9,483$9,168
6 years$9,504$8,958$8,444$7,959$7,503$7,200
7 years$8,064$7,523$7,017$6,544$6,102$5,811
8 years$6,985$6,449$5,951$5,489$5,062$4,783
9 years$6,146$5,615$5,125$4,676$4,263$3,995
10 years$5,475$4,949$4,468$4,031$3,632$3,376
11 years$4,927$4,406$3,934$3,508$3,124$2,879
12 years$4,470$3,954$3,491$3,077$2,707$2,473
13 years$4,084$3,574$3,119$2,716$2,361$2,138
14 years$3,753$3,248$2,803$2,411$2,069$1,857
15 years$3,467$2,967$2,530$2,150$1,822$1,620
16 years$3,216$2,723$2,294$1,925$1,610$1,418
17 years$2,996$2,507$2,088$1,730$1,428$1,246
18 years$2,800$2,317$1,906$1,559$1,270$1,097
19 years$2,625$2,147$1,745$1,409$1,132$968
20 years$2,467$1,995$1,601$1,276$1,011$856
21 years$2,325$1,859$1,473$1,158$905$758
22 years$2,196$1,735$1,357$1,053$811$673
23 years$2,078$1,623$1,253$959$728$598
24 years$1,971$1,520$1,159$875$654$532
25 years$1,872$1,427$1,074$799$589$473
26 years$1,781$1,341$996$730$530$422
27 years$1,696$1,262$925$668$478$376
28 years$1,618$1,189$859$612$431$336
29 years$1,545$1,122$800$562$390$300
30 years$1,478$1,059$745$515$352$268
31 years$1,415$1,002$695$473$318$239
32 years$1,356$948$648$435$288$214
33 years$1,300$897$605$400$260$192
34 years$1,248$851$565$368$236$171
35 years$1,199$807$529$339$214$153
36 years$1,153$766$494$312$194$137
37 years$1,110$727$463$288$175$123
38 years$1,068$691$433$265$159$110
39 years$1,029$657$406$244$144$99
40 years$993$625$381$225$131$89
41 years$958$595$357$208$119$79
42 years$924$567$335$192$108$71
43 years$893$540$314$177$98$64
44 years$863$515$295$164$89$57
45 years$834$491$277$151$81$51
46 years$807$468$260$140$73$46
47 years$780$447$244$129$66$41
48 years$756$427$230$119$60$37
49 years$732$407$216$110$55$33
50 years$709$389$203$102$50$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $726,000, adding $6,255 every year, while hoping to spend $31,191 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: 40/32/28 Blend
44$726,000$726,000$726,000$726,000
45$806,504$768,026$756,773$831,888
46$855,580$772,472$748,938$855,357
47$908,617$776,091$739,795$877,373
48$965,986$778,809$729,267$900,598
49$1,028,093$780,548$717,275$925,161
50$1,095,388$781,224$703,733$951,209
51$1,168,364$780,750$688,555$978,903
52$1,247,563$779,033$671,647$1,008,425
53$1,333,580$775,971$652,913$1,039,976
54$1,427,073$771,461$632,253$1,073,781
55$1,528,762$765,391$609,561$1,110,089
56$1,639,442$757,641$584,727$1,149,179
57$1,759,985$748,085$557,636$1,191,362
58$1,891,353$736,591$528,166$1,236,979
59$2,034,604$723,017$496,193$1,286,415
60$2,190,902$707,213$461,584$1,340,094
61$2,361,529$689,021$424,202$1,398,489
62$2,547,895$668,274$383,903$1,462,122
63$2,751,553$644,792$340,536$1,531,576
64$2,974,214$618,389$293,946$1,607,496
65$3,217,758$588,865$243,968$1,690,598
66$3,484,260$556,010$190,432$1,781,674
67$3,776,001$519,601$133,158$1,881,606
68$4,095,495$479,403$71,960$1,991,368
69$4,445,509$435,167$6,644$2,112,040
70$4,829,090$386,630$0$2,244,819
71$5,249,597$333,514$0$2,409,869
72$5,710,725$275,525$0$2,593,162
73$6,216,547$212,354$0$2,794,399
74$6,771,548$143,672$0$3,015,449
75$7,380,667$69,134$0$3,258,370
76$8,049,347$0$0$3,525,440
77$8,783,582$0$0$3,823,265
78$9,589,974$0$0$4,177,194
79$10,475,798$0$0$4,566,088
80$11,449,067$0$0$4,993,478
81$12,518,609$0$0$5,463,254
82$13,694,148$0$0$5,979,701
83$14,986,400$0$0$6,547,540
84$16,407,168$0$0$7,171,973
85$17,969,458$0$0$7,858,731
86$19,687,596$0$0$8,614,127
87$21,577,371$0$0$9,445,118
88$23,656,174$0$0$10,359,370
89$25,943,169$0$0$11,365,326
90$28,459,471$0$0$12,472,294
91$31,228,344$0$0$13,690,525
92$34,275,421$0$0$15,031,316
93$37,628,946$0$0$16,507,115
94$41,320,039$0$0$18,131,638
95$45,382,992$0$0$19,919,997
96$49,855,588$0$0$21,888,846
97$54,779,460$0$0$24,056,532
98$60,200,483$0$0$26,443,276
99$66,169,206$0$0$29,071,356
100$72,741,329$0$0$31,965,323