Can I retire at age 45 with 728,000?

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 $728,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$60,118$59,582$59,060$58,550$58,052$55,992
2 years$29,761$29,207$28,670$28,149$27,644$25,591
3 years$19,644$19,087$18,551$18,035$17,538$15,556
4 years$14,586$14,031$13,501$12,993$12,508$10,613
5 years$11,552$11,000$10,477$9,980$9,509$7,704
6 years$9,530$8,983$8,467$7,981$7,524$5,812
7 years$8,087$7,544$7,036$6,562$6,119$4,499
8 years$7,004$6,466$5,967$5,505$5,076$3,547
9 years$6,163$5,630$5,139$4,689$4,275$2,835
10 years$5,490$4,963$4,481$4,042$3,642$2,289
11 years$4,940$4,418$3,945$3,517$3,133$1,862
12 years$4,482$3,965$3,501$3,085$2,715$1,525
13 years$4,095$3,583$3,128$2,724$2,367$1,255
14 years$3,763$3,257$2,810$2,418$2,075$1,037
15 years$3,476$2,976$2,537$2,156$1,827$859
16 years$3,225$2,730$2,300$1,931$1,615$714
17 years$3,004$2,514$2,093$1,735$1,432$595
18 years$2,808$2,323$1,911$1,563$1,273$496
19 years$2,632$2,153$1,749$1,413$1,135$415
20 years$2,474$2,001$1,606$1,279$1,014$347
21 years$2,332$1,864$1,477$1,161$907$290
22 years$2,202$1,740$1,361$1,056$813$243
23 years$2,084$1,627$1,257$962$730$204
24 years$1,976$1,525$1,162$877$656$171
25 years$1,877$1,431$1,076$801$590$144
26 years$1,785$1,345$998$732$532$121
27 years$1,701$1,265$927$670$479$101
28 years$1,623$1,192$862$614$433$85
29 years$1,550$1,125$802$563$391$72
30 years$1,482$1,062$747$517$353$60
31 years$1,419$1,004$696$475$319$51
32 years$1,359$950$650$436$289$43
33 years$1,304$900$607$401$261$36
34 years$1,252$853$567$369$236$30
35 years$1,202$809$530$340$214$25
36 years$1,156$768$496$313$194$21
37 years$1,113$729$464$288$176$18
38 years$1,071$693$435$266$159$15
39 years$1,032$659$407$245$145$13
40 years$995$627$382$226$131$11
41 years$960$597$358$209$119$9
42 years$927$568$336$192$108$8
43 years$895$542$315$178$98$6
44 years$865$516$296$164$89$5
45 years$836$492$278$151$81$5
46 years$809$470$261$140$73$4
47 years$783$448$245$129$67$3
48 years$758$428$230$119$60$3
49 years$734$409$216$110$55$2
50 years$711$390$203$102$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $728,000, adding $2,903 every year, while hoping to spend $53,134 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: 26/50/24 Blend
44$728,000$728,000$728,000$728,000
45$805,250$766,666$755,382$820,025
46$830,852$747,699$724,154$813,182
47$857,284$726,021$690,098$801,043
48$884,575$701,444$653,064$786,894
49$912,755$673,768$612,895$770,601
50$941,854$642,782$569,426$752,020
51$971,906$608,261$522,484$731,000
52$1,002,944$569,969$471,891$707,382
53$1,035,003$527,656$417,457$680,999
54$1,068,119$481,056$358,988$651,674
55$1,102,330$429,891$296,277$619,220
56$1,137,677$373,865$229,112$583,441
57$1,174,200$312,665$157,268$544,130
58$1,211,945$245,962$80,512$501,068
59$1,250,955$173,406$0$454,025
60$1,291,279$94,630$0$403,118
61$1,332,968$9,244$0$369,758
62$1,376,073$0$0$333,106
63$1,420,649$0$0$338,705
64$1,466,755$0$0$349,763
65$1,514,452$0$0$361,208
66$1,563,804$0$0$373,058
67$1,614,878$0$0$385,329
68$1,667,746$0$0$398,040
69$1,722,483$0$0$411,210
70$1,779,169$0$0$424,858
71$1,837,889$0$0$439,008
72$1,898,731$0$0$453,682
73$1,961,790$0$0$468,904
74$2,027,168$0$0$484,700
75$2,094,969$0$0$501,099
76$2,165,309$0$0$518,129
77$2,238,309$0$0$535,824
78$2,314,096$0$0$554,215
79$2,392,810$0$0$573,340
80$2,474,597$0$0$593,238
81$2,559,614$0$0$613,950
82$2,648,030$0$0$635,521
83$2,740,025$0$0$657,999
84$2,835,794$0$0$681,436
85$2,935,544$0$0$705,887
86$3,039,500$0$0$731,413
87$3,147,901$0$0$758,080
88$3,261,009$0$0$785,956
89$3,379,102$0$0$815,117
90$3,502,482$0$0$845,647
91$3,631,477$0$0$877,633
92$3,766,439$0$0$911,173
93$3,907,751$0$0$946,370
94$4,055,827$0$0$983,338
95$4,211,115$0$0$1,022,201
96$4,374,102$0$0$1,063,092
97$4,545,318$0$0$1,106,159
98$4,725,337$0$0$1,151,558
99$4,914,785$0$0$1,199,465
100$5,114,342$0$0$1,250,067