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%11.6%
1 years$60,118$59,582$59,060$58,550$58,052$57,662
2 years$29,761$29,207$28,670$28,149$27,644$27,250
3 years$19,644$19,087$18,551$18,035$17,538$17,154
4 years$14,586$14,031$13,501$12,993$12,508$12,136
5 years$11,552$11,000$10,477$9,980$9,509$9,149
6 years$9,530$8,983$8,467$7,981$7,524$7,178
7 years$8,087$7,544$7,036$6,562$6,119$5,786
8 years$7,004$6,466$5,967$5,505$5,076$4,757
9 years$6,163$5,630$5,139$4,689$4,275$3,969
10 years$5,490$4,963$4,481$4,042$3,642$3,350
11 years$4,940$4,418$3,945$3,517$3,133$2,853
12 years$4,482$3,965$3,501$3,085$2,715$2,448
13 years$4,095$3,583$3,128$2,724$2,367$2,113
14 years$3,763$3,257$2,810$2,418$2,075$1,833
15 years$3,476$2,976$2,537$2,156$1,827$1,597
16 years$3,225$2,730$2,300$1,931$1,615$1,397
17 years$3,004$2,514$2,093$1,735$1,432$1,225
18 years$2,808$2,323$1,911$1,563$1,273$1,077
19 years$2,632$2,153$1,749$1,413$1,135$949
20 years$2,474$2,001$1,606$1,279$1,014$838
21 years$2,332$1,864$1,477$1,161$907$741
22 years$2,202$1,740$1,361$1,056$813$657
23 years$2,084$1,627$1,257$962$730$583
24 years$1,976$1,525$1,162$877$656$517
25 years$1,877$1,431$1,076$801$590$460
26 years$1,785$1,345$998$732$532$409
27 years$1,701$1,265$927$670$479$364
28 years$1,623$1,192$862$614$433$325
29 years$1,550$1,125$802$563$391$289
30 years$1,482$1,062$747$517$353$258
31 years$1,419$1,004$696$475$319$230
32 years$1,359$950$650$436$289$206
33 years$1,304$900$607$401$261$184
34 years$1,252$853$567$369$236$164
35 years$1,202$809$530$340$214$147
36 years$1,156$768$496$313$194$131
37 years$1,113$729$464$288$176$117
38 years$1,071$693$435$266$159$105
39 years$1,032$659$407$245$145$94
40 years$995$627$382$226$131$84
41 years$960$597$358$209$119$75
42 years$927$568$336$192$108$67
43 years$895$542$315$178$98$60
44 years$865$516$296$164$89$54
45 years$836$492$278$151$81$48
46 years$809$470$261$140$73$43
47 years$783$448$245$129$67$39
48 years$758$428$230$119$60$35
49 years$734$409$216$110$55$31
50 years$711$390$203$102$50$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $728,000, adding $6,604 every year, while hoping to spend $36,669 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: 50/22/28 Blend
44$728,000$728,000$728,000$728,000
45$809,068$770,484$759,200$842,821
46$852,577$769,222$745,618$865,834
47$899,296$766,670$730,351$886,657
48$949,512$762,724$713,306$908,573
49$1,003,542$757,278$694,382$931,704
50$1,061,735$750,216$673,475$956,184
51$1,124,472$741,416$650,476$982,165
52$1,192,173$730,751$625,272$1,009,815
53$1,265,299$718,082$597,743$1,039,323
54$1,344,357$703,265$567,765$1,070,898
55$1,429,904$686,148$535,208$1,104,775
56$1,522,552$666,567$499,935$1,141,213
57$1,622,974$644,351$461,805$1,180,504
58$1,731,910$619,317$420,668$1,222,970
59$1,850,175$591,274$376,371$1,268,970
60$1,978,664$560,017$328,750$1,318,904
61$2,118,361$525,331$277,637$1,373,217
62$2,270,351$486,989$222,854$1,432,400
63$2,435,825$444,750$164,218$1,497,004
64$2,616,094$398,358$101,535$1,567,635
65$2,812,604$347,546$34,605$1,644,970
66$3,026,942$292,028$0$1,729,758
67$3,260,858$231,505$0$1,833,829
68$3,516,275$165,659$0$1,958,854
69$3,795,314$94,154$0$2,095,572
70$4,100,306$16,638$0$2,245,186
71$4,433,821$0$0$2,409,026
72$4,798,686$0$0$2,604,840
73$5,198,014$0$0$2,823,634
74$5,635,234$0$0$3,063,267
75$6,114,122$0$0$3,325,820
76$6,638,836$0$0$3,613,580
77$7,213,954$0$0$3,929,071
78$7,844,520$0$0$4,275,070
79$8,536,088$0$0$4,654,635
80$9,294,776$0$0$5,071,136
81$10,127,322$0$0$5,528,285
82$11,041,149$0$0$6,030,170
83$12,044,433$0$0$6,581,294
84$13,146,179$0$0$7,186,618
85$14,356,311$0$0$7,851,608
86$15,685,756$0$0$8,582,282
87$17,146,556$0$0$9,385,275
88$18,751,973$0$0$10,267,892
89$20,516,623$0$0$11,238,184
90$22,456,602$0$0$12,305,019
91$24,589,650$0$0$13,478,168
92$26,935,306$0$0$14,768,396
93$29,515,100$0$0$16,187,565
94$32,352,754$0$0$17,748,741
95$35,474,403$0$0$19,466,325
96$38,908,842$0$0$21,356,178
97$42,687,800$0$0$23,435,782
98$46,846,234$0$0$25,724,396
99$51,422,664$0$0$28,243,241
100$56,459,530$0$0$31,015,698