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%15.7%
1 years$60,035$59,500$58,978$58,469$57,972$56,617
2 years$29,720$29,167$28,630$28,110$27,606$26,248
3 years$19,617$19,061$18,526$18,010$17,514$16,196
4 years$14,566$14,012$13,482$12,976$12,491$11,223
5 years$11,536$10,985$10,463$9,966$9,496$8,282
6 years$9,517$8,970$8,455$7,970$7,514$6,354
7 years$8,075$7,533$7,026$6,553$6,111$5,007
8 years$6,995$6,457$5,959$5,497$5,069$4,020
9 years$6,155$5,622$5,132$4,682$4,269$3,274
10 years$5,483$4,956$4,475$4,036$3,637$2,695
11 years$4,934$4,412$3,939$3,513$3,128$2,237
12 years$4,476$3,960$3,496$3,081$2,711$1,870
13 years$4,089$3,579$3,124$2,720$2,364$1,571
14 years$3,758$3,253$2,806$2,415$2,072$1,326
15 years$3,472$2,972$2,534$2,153$1,825$1,123
16 years$3,221$2,726$2,297$1,928$1,613$955
17 years$3,000$2,511$2,090$1,732$1,430$813
18 years$2,804$2,320$1,908$1,561$1,271$694
19 years$2,628$2,150$1,747$1,411$1,133$594
20 years$2,471$1,998$1,603$1,278$1,012$509
21 years$2,328$1,861$1,475$1,160$906$436
22 years$2,199$1,737$1,359$1,054$812$374
23 years$2,081$1,625$1,255$960$729$322
24 years$1,973$1,522$1,161$876$655$277
25 years$1,874$1,429$1,075$800$589$238
26 years$1,783$1,343$997$731$531$205
27 years$1,699$1,264$926$669$479$177
28 years$1,620$1,191$861$613$432$152
29 years$1,548$1,123$801$562$390$131
30 years$1,480$1,061$746$516$352$113
31 years$1,417$1,003$695$474$319$98
32 years$1,357$949$649$436$288$84
33 years$1,302$899$606$401$261$73
34 years$1,250$852$566$369$236$63
35 years$1,201$808$529$339$214$54
36 years$1,155$767$495$312$194$47
37 years$1,111$728$463$288$176$41
38 years$1,070$692$434$265$159$35
39 years$1,031$658$407$245$144$30
40 years$994$626$381$226$131$26
41 years$959$596$357$208$119$23
42 years$926$568$335$192$108$19
43 years$894$541$315$177$98$17
44 years$864$516$295$164$89$15
45 years$835$492$277$151$81$13
46 years$808$469$260$140$73$11
47 years$782$448$245$129$66$9
48 years$757$427$230$119$60$8
49 years$733$408$216$110$55$7
50 years$710$390$203$102$50$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $727,000, adding $4,550 every year, while hoping to spend $48,154 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: 84/8/8 Blend
44$727,000$727,000$727,000$727,000
45$805,847$767,316$756,048$872,427
46$836,808$753,679$730,140$902,961
47$869,313$737,760$701,750$929,516
48$903,469$719,396$670,745$957,183
49$939,392$698,415$636,983$986,042
50$977,207$674,635$600,320$1,016,183
51$1,017,052$647,863$560,601$1,047,705
52$1,059,077$617,893$517,666$1,080,716
53$1,103,445$584,512$471,350$1,115,335
54$1,150,333$547,489$421,476$1,151,692
55$1,199,934$506,584$367,864$1,189,933
56$1,252,462$461,541$310,322$1,230,216
57$1,308,147$412,091$248,651$1,272,717
58$1,367,242$357,947$182,645$1,317,628
59$1,430,022$298,808$112,085$1,365,162
60$1,496,791$234,356$36,747$1,415,554
61$1,567,879$164,255$0$1,469,062
62$1,643,648$88,149$0$1,529,697
63$1,724,494$5,662$0$1,597,639
64$1,810,853$0$0$1,670,114
65$1,903,199$0$0$1,754,889
66$2,002,056$0$0$1,846,183
67$2,107,995$0$0$1,944,025
68$2,221,644$0$0$2,048,998
69$2,343,692$0$0$2,161,738
70$2,474,896$0$0$2,282,946
71$2,616,085$0$0$2,413,389
72$2,768,170$0$0$2,553,911
73$2,932,154$0$0$2,705,439
74$3,109,136$0$0$2,868,990
75$3,300,323$0$0$3,045,683
76$3,507,045$0$0$3,236,746
77$3,730,759$0$0$3,443,530
78$3,973,072$0$0$3,667,520
79$4,235,746$0$0$3,910,349
80$4,520,722$0$0$4,173,812
81$4,830,133$0$0$4,459,883
82$5,166,325$0$0$4,770,734
83$5,531,880$0$0$5,108,754
84$5,929,636$0$0$5,476,572
85$6,362,719$0$0$5,877,078
86$6,834,567$0$0$6,313,456
87$7,348,963$0$0$6,789,208
88$7,910,071$0$0$7,308,187
89$8,522,476$0$0$7,874,636
90$9,191,221$0$0$8,493,224
91$9,921,861$0$0$9,169,094
92$10,720,509$0$0$9,907,903
93$11,593,899$0$0$10,715,882
94$12,549,441$0$0$11,599,893
95$13,595,297$0$0$12,567,490
96$14,740,453$0$0$13,626,989
97$15,994,806$0$0$14,787,553
98$17,369,254$0$0$16,059,269
99$18,875,799$0$0$17,453,246
100$20,527,661$0$0$18,981,721