Can I retire at age 45 with 727,000?

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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$60,035$59,500$58,978$58,469$57,972$57,558
2 years$29,720$29,167$28,630$28,110$27,606$27,189
3 years$19,617$19,061$18,526$18,010$17,514$17,107
4 years$14,566$14,012$13,482$12,976$12,491$12,096
5 years$11,536$10,985$10,463$9,966$9,496$9,114
6 years$9,517$8,970$8,455$7,970$7,514$7,147
7 years$8,075$7,533$7,026$6,553$6,111$5,758
8 years$6,995$6,457$5,959$5,497$5,069$4,731
9 years$6,155$5,622$5,132$4,682$4,269$3,945
10 years$5,483$4,956$4,475$4,036$3,637$3,328
11 years$4,934$4,412$3,939$3,513$3,128$2,833
12 years$4,476$3,960$3,496$3,081$2,711$2,429
13 years$4,089$3,579$3,124$2,720$2,364$2,095
14 years$3,758$3,253$2,806$2,415$2,072$1,817
15 years$3,472$2,972$2,534$2,153$1,825$1,582
16 years$3,221$2,726$2,297$1,928$1,613$1,382
17 years$3,000$2,511$2,090$1,732$1,430$1,211
18 years$2,804$2,320$1,908$1,561$1,271$1,064
19 years$2,628$2,150$1,747$1,411$1,133$937
20 years$2,471$1,998$1,603$1,278$1,012$827
21 years$2,328$1,861$1,475$1,160$906$731
22 years$2,199$1,737$1,359$1,054$812$647
23 years$2,081$1,625$1,255$960$729$574
24 years$1,973$1,522$1,161$876$655$509
25 years$1,874$1,429$1,075$800$589$452
26 years$1,783$1,343$997$731$531$402
27 years$1,699$1,264$926$669$479$358
28 years$1,620$1,191$861$613$432$318
29 years$1,548$1,123$801$562$390$284
30 years$1,480$1,061$746$516$352$253
31 years$1,417$1,003$695$474$319$225
32 years$1,357$949$649$436$288$201
33 years$1,302$899$606$401$261$179
34 years$1,250$852$566$369$236$160
35 years$1,201$808$529$339$214$143
36 years$1,155$767$495$312$194$128
37 years$1,111$728$463$288$176$114
38 years$1,070$692$434$265$159$102
39 years$1,031$658$407$245$144$91
40 years$994$626$381$226$131$82
41 years$959$596$357$208$119$73
42 years$926$568$335$192$108$65
43 years$894$541$315$177$98$58
44 years$864$516$295$164$89$52
45 years$835$492$277$151$81$47
46 years$808$469$260$140$73$42
47 years$782$448$245$129$66$37
48 years$757$427$230$119$60$33
49 years$733$408$216$110$55$30
50 years$710$390$203$102$50$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $727,000, adding $6,680 every year, while hoping to spend $22,075 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: 23/50/27 Blend
44$727,000$727,000$727,000$727,000
45$808,044$769,513$758,245$819,608
46$866,977$783,732$760,158$844,269
47$931,182$797,907$761,396$868,365
48$1,001,171$812,014$761,912$893,691
49$1,077,513$826,025$761,659$920,363
50$1,160,829$839,910$760,584$948,510
51$1,251,807$853,638$758,636$978,274
52$1,351,199$867,175$755,759$1,009,812
53$1,459,839$880,484$751,895$1,043,301
54$1,578,641$893,526$746,981$1,078,934
55$1,708,612$906,259$740,955$1,116,928
56$1,850,863$918,638$733,749$1,157,520
57$2,006,614$930,614$725,293$1,200,976
58$2,177,211$942,136$715,512$1,247,589
59$2,364,135$953,150$704,331$1,297,684
60$2,569,018$963,596$691,668$1,351,623
61$2,793,658$973,411$677,438$1,409,802
62$3,040,032$982,530$661,553$1,472,666
63$3,310,322$990,880$643,922$1,540,702
64$3,606,927$998,386$624,446$1,614,453
65$3,932,493$1,004,966$603,024$1,694,519
66$4,289,933$1,010,536$579,551$1,781,563
67$4,682,457$1,015,002$553,917$1,876,320
68$5,113,598$1,018,268$526,004$1,979,602
69$5,587,253$1,020,231$495,692$2,092,309
70$6,107,710$1,020,779$462,855$2,215,435
71$6,679,697$1,019,798$427,361$2,350,080
72$7,308,419$1,017,161$389,071$2,497,460
73$7,999,614$1,012,739$347,842$2,658,920
74$8,759,602$1,006,390$303,521$2,835,947
75$9,595,345$997,967$255,953$3,030,184
76$10,514,516$987,313$204,973$3,243,446
77$11,525,566$974,260$150,409$3,477,742
78$12,637,808$958,633$92,082$3,735,289
79$13,861,502$940,244$29,805$4,018,537
80$15,207,955$918,896$0$4,330,195
81$16,689,622$894,377$0$4,683,811
82$18,320,228$866,467$0$5,081,979
83$20,114,897$834,929$0$5,519,812
84$22,090,291$799,515$0$6,001,403
85$24,264,771$759,961$0$6,531,267
86$26,658,568$715,989$0$7,114,385
87$29,293,973$667,305$0$7,756,252
88$32,195,552$613,596$0$8,462,930
89$35,390,370$554,534$0$9,241,106
90$38,908,252$489,770$0$10,098,157
91$42,782,062$418,937$0$11,042,217
92$47,048,013$341,646$0$12,082,263
93$51,746,010$257,486$0$13,228,191
94$56,920,024$166,024$0$14,490,919
95$62,618,509$66,802$0$15,882,487
96$68,894,858$0$0$17,416,174
97$75,807,906$0$0$19,128,997
98$83,422,487$0$0$21,056,302
99$91,810,044$0$0$23,179,441
100$101,049,303$0$0$25,518,366