Can I retire at age 45 with 730,000?

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 $730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$60,283$59,746$59,222$58,711$58,211$56,735
2 years$29,843$29,287$28,748$28,226$27,720$26,242
3 years$19,698$19,139$18,602$18,085$17,586$16,153
4 years$14,626$14,070$13,538$13,029$12,543$11,166
5 years$11,584$11,031$10,506$10,008$9,535$8,217
6 years$9,556$9,007$8,490$8,003$7,545$6,288
7 years$8,109$7,564$7,055$6,580$6,136$4,940
8 years$7,024$6,484$5,984$5,520$5,090$3,955
9 years$6,180$5,646$5,154$4,702$4,287$3,211
10 years$5,505$4,976$4,493$4,053$3,652$2,635
11 years$4,954$4,430$3,956$3,527$3,141$2,180
12 years$4,495$3,976$3,510$3,094$2,722$1,816
13 years$4,106$3,593$3,136$2,731$2,374$1,521
14 years$3,774$3,266$2,818$2,425$2,081$1,280
15 years$3,486$2,984$2,544$2,162$1,832$1,080
16 years$3,234$2,738$2,307$1,936$1,619$915
17 years$3,012$2,521$2,099$1,740$1,436$776
18 years$2,815$2,330$1,916$1,568$1,277$660
19 years$2,639$2,159$1,754$1,417$1,138$563
20 years$2,481$2,006$1,610$1,283$1,016$480
21 years$2,338$1,869$1,481$1,164$910$410
22 years$2,208$1,745$1,365$1,059$815$351
23 years$2,090$1,632$1,260$964$732$300
24 years$1,982$1,529$1,165$879$658$257
25 years$1,882$1,435$1,079$803$592$221
26 years$1,790$1,348$1,001$734$533$189
27 years$1,706$1,269$930$672$481$162
28 years$1,627$1,196$864$616$434$139
29 years$1,554$1,128$804$565$392$120
30 years$1,486$1,065$749$518$354$103
31 years$1,422$1,007$698$476$320$88
32 years$1,363$953$652$437$289$76
33 years$1,307$902$608$402$262$65
34 years$1,255$855$568$370$237$56
35 years$1,206$811$531$341$215$48
36 years$1,159$770$497$314$195$41
37 years$1,116$731$465$289$176$36
38 years$1,074$695$436$266$160$31
39 years$1,035$661$408$246$145$26
40 years$998$629$383$227$132$23
41 years$963$598$359$209$119$20
42 years$929$570$337$193$108$17
43 years$898$543$316$178$98$14
44 years$867$518$296$164$89$12
45 years$839$494$278$152$81$11
46 years$811$471$261$140$74$9
47 years$785$449$246$130$67$8
48 years$760$429$231$120$61$7
49 years$736$410$217$111$55$6
50 years$713$391$204$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $730,000, adding $4,315 every year, while hoping to spend $32,315 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: 27/48/25 Blend
44$730,000$730,000$730,000$730,000
45$808,911$770,221$758,906$824,323
46$857,037$773,579$749,946$840,326
47$908,989$776,018$739,604$854,404
48$965,122$777,460$727,797$868,848
49$1,025,829$777,820$714,443$883,710
50$1,091,540$777,009$699,452$899,051
51$1,162,727$774,932$682,734$914,939
52$1,239,910$771,489$664,190$931,454
53$1,323,661$766,572$643,721$948,687
54$1,414,609$760,069$621,221$966,740
55$1,513,446$751,859$596,578$985,729
56$1,620,932$741,815$569,678$1,005,788
57$1,737,905$729,802$540,401$1,027,067
58$1,865,286$715,677$508,619$1,049,734
59$2,004,088$699,288$474,201$1,073,982
60$2,155,428$680,476$437,009$1,100,026
61$2,320,532$659,069$396,899$1,128,108
62$2,500,752$634,889$353,721$1,158,502
63$2,697,575$607,746$307,317$1,191,514
64$2,912,640$577,437$257,524$1,227,487
65$3,147,748$543,751$204,170$1,266,807
66$3,404,885$506,461$147,077$1,309,904
67$3,686,236$465,331$86,056$1,357,260
68$3,994,208$420,107$20,915$1,409,416
69$4,331,450$370,525$0$1,466,972
70$4,700,880$316,303$0$1,543,566
71$5,105,712$257,145$0$1,633,779
72$5,549,486$192,735$0$1,732,920
73$6,036,098$122,744$0$1,841,982
74$6,569,843$46,822$0$1,962,066
75$7,155,449$0$0$2,094,392
76$7,798,124$0$0$2,259,013
77$8,503,606$0$0$2,466,993
78$9,278,215$0$0$2,695,480
79$10,128,911$0$0$2,946,544
80$11,063,365$0$0$3,222,464
81$12,090,024$0$0$3,525,752
82$13,218,195$0$0$3,859,176
83$14,458,132$0$0$4,225,783
84$15,821,131$0$0$4,628,933
85$17,319,635$0$0$5,072,325
86$18,967,357$0$0$5,560,038
87$20,779,402$0$0$6,096,564
88$22,772,413$0$0$6,686,851
89$24,964,726$0$0$7,336,353
90$27,376,546$0$0$8,051,079
91$30,030,132$0$0$8,837,648
92$32,950,010$0$0$9,703,357
93$36,163,206$0$0$10,656,243
94$39,699,495$0$0$11,705,162
95$43,591,685$0$0$12,859,873
96$47,875,929$0$0$14,131,130
97$52,592,060$0$0$15,530,780
98$57,783,969$0$0$17,071,881
99$63,500,019$0$0$18,768,818
100$69,793,501$0$0$20,637,444