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%17.3%
1 years$60,283$59,746$59,222$58,711$58,211$56,484
2 years$29,843$29,287$28,748$28,226$27,720$25,993
3 years$19,698$19,139$18,602$18,085$17,586$15,916
4 years$14,626$14,070$13,538$13,029$12,543$10,940
5 years$11,584$11,031$10,506$10,008$9,535$8,005
6 years$9,556$9,007$8,490$8,003$7,545$6,089
7 years$8,109$7,564$7,055$6,580$6,136$4,754
8 years$7,024$6,484$5,984$5,520$5,090$3,781
9 years$6,180$5,646$5,154$4,702$4,287$3,050
10 years$5,505$4,976$4,493$4,053$3,652$2,485
11 years$4,954$4,430$3,956$3,527$3,141$2,042
12 years$4,495$3,976$3,510$3,094$2,722$1,689
13 years$4,106$3,593$3,136$2,731$2,374$1,404
14 years$3,774$3,266$2,818$2,425$2,081$1,172
15 years$3,486$2,984$2,544$2,162$1,832$982
16 years$3,234$2,738$2,307$1,936$1,619$825
17 years$3,012$2,521$2,099$1,740$1,436$695
18 years$2,815$2,330$1,916$1,568$1,277$586
19 years$2,639$2,159$1,754$1,417$1,138$495
20 years$2,481$2,006$1,610$1,283$1,016$419
21 years$2,338$1,869$1,481$1,164$910$355
22 years$2,208$1,745$1,365$1,059$815$301
23 years$2,090$1,632$1,260$964$732$255
24 years$1,982$1,529$1,165$879$658$217
25 years$1,882$1,435$1,079$803$592$184
26 years$1,790$1,348$1,001$734$533$157
27 years$1,706$1,269$930$672$481$133
28 years$1,627$1,196$864$616$434$113
29 years$1,554$1,128$804$565$392$97
30 years$1,486$1,065$749$518$354$82
31 years$1,422$1,007$698$476$320$70
32 years$1,363$953$652$437$289$60
33 years$1,307$902$608$402$262$51
34 years$1,255$855$568$370$237$43
35 years$1,206$811$531$341$215$37
36 years$1,159$770$497$314$195$31
37 years$1,116$731$465$289$176$27
38 years$1,074$695$436$266$160$23
39 years$1,035$661$408$246$145$19
40 years$998$629$383$227$132$17
41 years$963$598$359$209$119$14
42 years$929$570$337$193$108$12
43 years$898$543$316$178$98$10
44 years$867$518$296$164$89$9
45 years$839$494$278$152$81$7
46 years$811$471$261$140$74$6
47 years$785$449$246$130$67$5
48 years$760$429$231$120$61$5
49 years$736$410$217$111$55$4
50 years$713$391$204$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $730,000, adding $5,089 every year, while hoping to spend $38,499 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: 71/22/7 Blend
44$730,000$730,000$730,000$730,000
45$809,709$771,019$759,704$865,980
46$851,337$767,837$744,192$900,647
47$895,920$763,208$726,869$933,319
48$943,720$757,021$707,635$968,013
49$995,023$749,158$686,384$1,004,919
50$1,050,142$739,494$663,005$1,044,245
51$1,109,423$727,895$637,382$1,086,222
52$1,173,244$714,222$609,394$1,131,105
53$1,242,020$698,324$578,914$1,179,176
54$1,316,208$680,044$545,810$1,230,746
55$1,396,310$659,215$509,943$1,286,159
56$1,482,876$635,659$471,169$1,345,794
57$1,576,513$609,189$429,336$1,410,073
58$1,677,885$579,608$384,287$1,479,458
59$1,787,726$546,705$335,857$1,554,463
60$1,906,839$510,258$283,873$1,635,652
61$2,036,110$470,034$228,156$1,723,653
62$2,176,511$425,784$168,518$1,819,155
63$2,329,115$377,247$104,762$1,922,923
64$2,495,097$324,145$36,685$2,035,798
65$2,675,755$266,186$0$2,158,712
66$2,872,514$203,061$0$2,295,380
67$3,086,943$134,444$0$2,447,350
68$3,320,769$59,989$0$2,613,150
69$3,575,893$0$0$2,794,184
70$3,854,406$0$0$2,997,003
71$4,158,611$0$0$3,234,428
72$4,491,043$0$0$3,493,920
73$4,854,493$0$0$3,777,661
74$5,252,034$0$0$4,088,057
75$5,687,049$0$0$4,427,753
76$6,163,264$0$0$4,799,663
77$6,684,782$0$0$5,206,996
78$7,256,119$0$0$5,653,288
79$7,882,252$0$0$6,142,429
80$8,568,659$0$0$6,678,707
81$9,321,376$0$0$7,266,842
82$10,147,050$0$0$7,912,034
83$11,053,001$0$0$8,620,011
84$12,047,295$0$0$9,397,082
85$13,138,814$0$0$10,250,196
86$14,337,342$0$0$11,187,007
87$15,653,659$0$0$12,215,949
88$17,099,638$0$0$13,346,311
89$18,688,361$0$0$14,588,326
90$20,434,236$0$0$15,953,269
91$22,353,141$0$0$17,453,559
92$24,462,563$0$0$19,102,880
93$26,781,774$0$0$20,916,307
94$29,332,000$0$0$22,910,450
95$32,136,632$0$0$25,103,606
96$35,221,439$0$0$27,515,937
97$38,614,812$0$0$30,169,656
98$42,348,034$0$0$33,089,238
99$46,455,572$0$0$36,301,650
100$50,975,402$0$0$39,836,602