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%12.5%
1 years$60,118$59,582$59,060$58,550$58,052$57,445
2 years$29,761$29,207$28,670$28,149$27,644$27,033
3 years$19,644$19,087$18,551$18,035$17,538$16,942
4 years$14,586$14,031$13,501$12,993$12,508$11,932
5 years$11,552$11,000$10,477$9,980$9,509$8,953
6 years$9,530$8,983$8,467$7,981$7,524$6,990
7 years$8,087$7,544$7,036$6,562$6,119$5,607
8 years$7,004$6,466$5,967$5,505$5,076$4,586
9 years$6,163$5,630$5,139$4,689$4,275$3,806
10 years$5,490$4,963$4,481$4,042$3,642$3,195
11 years$4,940$4,418$3,945$3,517$3,133$2,706
12 years$4,482$3,965$3,501$3,085$2,715$2,309
13 years$4,095$3,583$3,128$2,724$2,367$1,982
14 years$3,763$3,257$2,810$2,418$2,075$1,709
15 years$3,476$2,976$2,537$2,156$1,827$1,480
16 years$3,225$2,730$2,300$1,931$1,615$1,286
17 years$3,004$2,514$2,093$1,735$1,432$1,121
18 years$2,808$2,323$1,911$1,563$1,273$979
19 years$2,632$2,153$1,749$1,413$1,135$858
20 years$2,474$2,001$1,606$1,279$1,014$752
21 years$2,332$1,864$1,477$1,161$907$661
22 years$2,202$1,740$1,361$1,056$813$582
23 years$2,084$1,627$1,257$962$730$512
24 years$1,976$1,525$1,162$877$656$452
25 years$1,877$1,431$1,076$801$590$399
26 years$1,785$1,345$998$732$532$352
27 years$1,701$1,265$927$670$479$312
28 years$1,623$1,192$862$614$433$276
29 years$1,550$1,125$802$563$391$244
30 years$1,482$1,062$747$517$353$216
31 years$1,419$1,004$696$475$319$191
32 years$1,359$950$650$436$289$170
33 years$1,304$900$607$401$261$150
34 years$1,252$853$567$369$236$133
35 years$1,202$809$530$340$214$118
36 years$1,156$768$496$313$194$105
37 years$1,113$729$464$288$176$93
38 years$1,071$693$435$266$159$83
39 years$1,032$659$407$245$145$73
40 years$995$627$382$226$131$65
41 years$960$597$358$209$119$58
42 years$927$568$336$192$108$51
43 years$895$542$315$178$98$46
44 years$865$516$296$164$89$41
45 years$836$492$278$151$81$36
46 years$809$470$261$140$73$32
47 years$783$448$245$129$67$28
48 years$758$428$230$119$60$25
49 years$734$409$216$110$55$22
50 years$711$390$203$102$50$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $728,000, adding $4,295 every year, while hoping to spend $24,544 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: 64/9/27 Blend
44$728,000$728,000$728,000$728,000
45$806,686$768,102$756,818$852,294
46$862,854$779,625$756,057$895,188
47$923,928$790,889$754,448$938,941
48$990,382$801,857$751,936$986,212
49$1,062,740$812,487$748,465$1,037,348
50$1,141,576$822,735$743,975$1,092,735
51$1,227,522$832,554$738,403$1,152,796
52$1,321,273$841,893$731,683$1,218,000
53$1,423,597$850,699$723,748$1,288,862
54$1,535,335$858,915$714,525$1,365,951
55$1,657,416$866,479$703,939$1,449,895
56$1,790,862$873,326$691,911$1,541,388
57$1,936,798$879,387$678,358$1,641,192
58$2,096,462$884,588$663,193$1,750,151
59$2,271,219$888,850$646,328$1,869,193
60$2,462,569$892,090$627,666$1,999,344
61$2,672,168$894,219$607,109$2,141,735
62$2,901,835$895,142$584,554$2,297,611
63$3,153,578$894,759$559,892$2,468,348
64$3,429,605$892,964$533,010$2,655,463
65$3,732,348$889,644$503,790$2,860,628
66$4,064,489$884,677$472,108$3,085,688
67$4,428,978$877,938$437,835$3,332,675
68$4,829,068$869,291$400,836$3,603,834
69$5,268,339$858,592$360,970$3,901,637
70$5,750,737$845,691$318,090$4,228,811
71$6,280,608$830,425$272,042$4,588,365
72$6,862,740$812,626$222,665$4,983,612
73$7,502,407$792,112$169,792$5,418,211
74$8,205,419$768,692$113,247$5,896,191
75$8,978,178$742,164$52,847$6,421,998
76$9,827,737$712,315$0$7,000,533
77$10,761,865$678,917$0$7,640,543
78$11,789,122$641,731$0$8,361,105
79$12,918,940$600,503$0$9,153,607
80$14,161,710$554,967$0$10,025,350
81$15,528,882$504,837$0$10,984,383
82$17,033,070$449,816$0$12,039,574
83$18,688,172$389,586$0$13,200,695
84$20,509,504$323,814$0$14,478,515
85$22,513,937$252,145$0$15,884,901
86$24,720,066$174,207$0$17,432,929
87$27,148,376$89,607$0$19,137,010
88$29,821,440$0$0$21,013,025
89$32,764,129$0$0$23,078,679
90$36,003,852$0$0$25,362,671
91$39,570,806$0$0$27,877,423
92$43,498,269$0$0$30,646,405
93$47,822,906$0$0$33,695,476
94$52,585,123$0$0$37,053,131
95$57,829,441$0$0$40,750,769
96$63,604,919$0$0$44,822,990
97$69,965,618$0$0$49,307,920
98$76,971,107$0$0$54,247,573
99$84,687,029$0$0$59,688,242
100$93,185,719$0$0$65,680,944