Can I retire at age 45 with 729,000?

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 $729,000?

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$60,200$59,664$59,141$58,630$58,131$57,741
2 years$29,802$29,247$28,709$28,188$27,682$27,288
3 years$19,671$19,113$18,577$18,060$17,562$17,177
4 years$14,606$14,050$13,519$13,011$12,526$12,152
5 years$11,568$11,016$10,491$9,994$9,522$9,162
6 years$9,543$8,995$8,479$7,992$7,534$7,187
7 years$8,098$7,554$7,046$6,571$6,127$5,794
8 years$7,014$6,475$5,975$5,512$5,083$4,763
9 years$6,171$5,638$5,147$4,695$4,281$3,975
10 years$5,498$4,969$4,487$4,047$3,647$3,355
11 years$4,947$4,424$3,950$3,522$3,137$2,857
12 years$4,488$3,971$3,506$3,090$2,718$2,451
13 years$4,101$3,588$3,132$2,728$2,371$2,116
14 years$3,769$3,262$2,814$2,421$2,078$1,836
15 years$3,481$2,980$2,541$2,159$1,830$1,599
16 years$3,230$2,734$2,304$1,933$1,617$1,399
17 years$3,008$2,518$2,096$1,737$1,434$1,227
18 years$2,811$2,326$1,914$1,566$1,275$1,079
19 years$2,636$2,156$1,752$1,415$1,136$951
20 years$2,478$2,004$1,608$1,281$1,015$839
21 years$2,335$1,866$1,479$1,163$908$742
22 years$2,205$1,742$1,363$1,057$814$658
23 years$2,087$1,629$1,258$963$731$583
24 years$1,979$1,527$1,164$878$657$518
25 years$1,879$1,433$1,078$802$591$460
26 years$1,788$1,346$1,000$733$532$410
27 years$1,703$1,267$928$671$480$365
28 years$1,625$1,194$863$615$433$325
29 years$1,552$1,126$803$564$391$290
30 years$1,484$1,064$748$518$353$259
31 years$1,421$1,006$697$475$320$231
32 years$1,361$952$651$437$289$206
33 years$1,306$901$608$402$262$184
34 years$1,253$854$568$370$237$164
35 years$1,204$810$531$340$214$147
36 years$1,158$769$496$313$194$131
37 years$1,114$730$465$289$176$117
38 years$1,073$694$435$266$160$105
39 years$1,034$660$408$245$145$94
40 years$997$628$382$226$131$84
41 years$962$598$358$209$119$75
42 years$928$569$336$193$108$67
43 years$896$542$315$178$98$60
44 years$866$517$296$164$89$54
45 years$837$493$278$152$81$48
46 years$810$470$261$140$73$43
47 years$784$449$245$129$67$39
48 years$759$428$231$120$61$35
49 years$735$409$217$111$55$31
50 years$712$391$204$102$50$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $729,000, adding $6,148 every year, while hoping to spend $45,230 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: 73/14/13 Blend
44$729,000$729,000$729,000$729,000
45$809,700$771,063$759,763$866,144
46$844,165$760,720$737,091$893,971
47$880,629$748,355$712,143$918,267
48$919,249$733,821$684,796$943,661
49$960,196$716,961$654,920$970,249
50$1,003,655$697,612$622,379$998,139
51$1,049,831$675,598$587,032$1,027,451
52$1,098,947$650,735$548,730$1,058,317
53$1,151,247$622,828$507,320$1,090,884
54$1,206,998$591,671$462,639$1,125,316
55$1,266,492$557,043$414,518$1,161,793
56$1,330,051$518,715$362,781$1,200,515
57$1,398,026$476,442$307,244$1,241,706
58$1,470,802$429,965$247,714$1,285,610
59$1,548,802$379,011$183,991$1,332,502
60$1,632,489$323,292$115,864$1,382,683
61$1,722,373$262,503$43,114$1,436,489
62$1,819,010$196,321$0$1,494,291
63$1,923,014$124,406$0$1,561,289
64$2,035,059$46,399$0$1,639,843
65$2,155,882$0$0$1,724,506
66$2,286,298$0$0$1,821,737
67$2,427,196$0$0$1,934,533
68$2,579,559$0$0$2,056,535
69$2,744,464$0$0$2,188,607
70$2,923,095$0$0$2,331,704
71$3,116,756$0$0$2,486,872
72$3,326,878$0$0$2,655,264
73$3,555,038$0$0$2,838,145
74$3,802,967$0$0$3,036,910
75$4,072,573$0$0$3,253,091
76$4,365,953$0$0$3,488,374
77$4,685,413$0$0$3,744,615
78$5,033,493$0$0$4,023,857
79$5,412,989$0$0$4,328,346
80$5,826,973$0$0$4,660,555
81$6,278,834$0$0$5,023,208
82$6,772,295$0$0$5,419,300
83$7,311,459$0$0$5,852,131
84$7,900,843$0$0$6,325,333
85$8,545,417$0$0$6,842,904
86$9,250,657$0$0$7,409,247
87$10,022,590$0$0$8,029,212
88$10,867,854$0$0$8,708,135
89$11,793,758$0$0$9,451,897
90$12,808,351$0$0$10,266,972
91$13,920,499$0$0$11,160,491
92$15,139,966$0$0$12,140,306
93$16,477,506$0$0$13,215,069
94$17,944,962$0$0$14,394,305
95$19,555,381$0$0$15,688,509
96$21,323,134$0$0$17,109,241
97$23,264,050$0$0$18,669,233
98$25,395,568$0$0$20,382,512
99$27,736,896$0$0$22,264,530
100$30,309,195$0$0$24,332,308