Can I retire at age 45 with 731,000?

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 $731,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$60,365$59,828$59,303$58,791$58,291$56,022
2 years$29,884$29,327$28,788$28,265$27,758$25,500
3 years$19,725$19,166$18,628$18,110$17,611$15,434
4 years$14,646$14,089$13,556$13,047$12,560$10,482
5 years$11,600$11,046$10,520$10,021$9,548$7,573
6 years$9,569$9,020$8,502$8,014$7,555$5,685
7 years$8,120$7,575$7,065$6,589$6,144$4,378
8 years$7,033$6,493$5,992$5,527$5,097$3,433
9 years$6,188$5,653$5,161$4,708$4,293$2,729
10 years$5,513$4,983$4,499$4,058$3,657$2,190
11 years$4,961$4,436$3,961$3,532$3,146$1,772
12 years$4,501$3,982$3,515$3,098$2,726$1,442
13 years$4,112$3,598$3,141$2,735$2,377$1,180
14 years$3,779$3,271$2,822$2,428$2,084$968
15 years$3,491$2,988$2,548$2,165$1,835$797
16 years$3,239$2,741$2,310$1,939$1,621$658
17 years$3,016$2,525$2,102$1,742$1,438$545
18 years$2,819$2,333$1,919$1,570$1,278$451
19 years$2,643$2,162$1,757$1,418$1,139$375
20 years$2,484$2,009$1,612$1,285$1,018$311
21 years$2,341$1,871$1,483$1,166$911$259
22 years$2,211$1,747$1,367$1,060$816$215
23 years$2,093$1,634$1,262$965$733$179
24 years$1,984$1,531$1,167$881$659$149
25 years$1,885$1,437$1,081$804$593$125
26 years$1,793$1,350$1,002$735$534$104
27 years$1,708$1,271$931$673$481$87
28 years$1,629$1,197$865$617$434$72
29 years$1,556$1,130$805$565$392$60
30 years$1,488$1,067$750$519$354$50
31 years$1,424$1,008$699$477$320$42
32 years$1,365$954$652$438$290$35
33 years$1,309$904$609$403$262$29
34 years$1,257$856$569$371$237$24
35 years$1,207$812$532$341$215$20
36 years$1,161$771$498$314$195$17
37 years$1,117$732$466$290$177$14
38 years$1,076$696$436$267$160$12
39 years$1,037$662$409$246$145$10
40 years$999$630$383$227$132$8
41 years$964$599$359$209$119$7
42 years$931$571$337$193$108$6
43 years$899$544$316$178$98$5
44 years$869$518$297$165$89$4
45 years$840$494$279$152$81$3
46 years$812$472$262$141$74$3
47 years$786$450$246$130$67$2
48 years$761$430$231$120$61$2
49 years$737$410$217$111$55$2
50 years$714$392$204$102$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $731,000, adding $4,418 every year, while hoping to spend $23,503 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: 67/24/9 Blend
44$731,000$731,000$731,000$731,000
45$810,119$771,376$760,046$862,662
46$867,744$784,167$760,500$910,928
47$930,460$796,796$760,182$960,449
48$998,759$809,232$759,041$1,013,970
49$1,073,187$821,439$757,024$1,071,878
50$1,154,342$833,379$754,074$1,134,602
51$1,242,884$845,013$750,134$1,202,612
52$1,339,536$856,297$745,142$1,276,427
53$1,445,098$867,186$739,034$1,356,620
54$1,560,449$877,629$731,742$1,443,821
55$1,686,557$887,574$723,197$1,538,724
56$1,824,485$896,965$713,324$1,642,094
57$1,975,409$905,742$702,046$1,754,777
58$2,140,618$913,841$689,283$1,877,702
59$2,321,536$921,194$674,949$2,011,894
60$2,519,729$927,729$658,955$2,158,483
61$2,736,922$933,368$641,210$2,318,715
62$2,975,014$938,029$621,617$2,493,963
63$3,236,097$941,624$600,073$2,685,740
64$3,522,476$944,061$576,473$2,895,715
65$3,836,689$945,241$550,705$3,125,726
66$4,181,532$945,058$522,655$3,377,800
67$4,560,085$943,402$492,199$3,654,172
68$4,975,738$940,154$459,213$3,957,306
69$5,432,230$935,188$423,564$4,289,915
70$5,933,677$928,371$385,112$4,654,994
71$6,484,613$919,562$343,714$5,055,842
72$7,090,034$908,611$299,219$5,496,095
73$7,755,443$895,359$251,469$5,979,762
74$8,486,905$879,638$200,300$6,511,263
75$9,291,098$861,270$145,539$7,095,469
76$10,175,383$840,065$87,007$7,737,750
77$11,147,868$815,823$24,517$8,444,025
78$12,217,485$788,334$0$9,220,818
79$13,394,079$757,372$0$10,079,371
80$14,688,493$722,702$0$11,026,339
81$16,112,676$684,071$0$12,068,122
82$17,679,794$641,215$0$13,214,375
83$19,404,351$593,853$0$14,475,737
84$21,302,332$541,689$0$15,863,935
85$23,391,347$484,409$0$17,391,892
86$25,690,802$421,682$0$19,073,853
87$28,222,077$353,157$0$20,925,516
88$31,008,732$278,466$0$22,964,183
89$34,076,729$197,217$0$25,208,924
90$37,454,672$108,997$0$27,680,755
91$41,174,082$13,372$0$30,402,839
92$45,269,692$0$0$33,400,704
93$49,779,773$0$0$36,726,288
94$54,746,498$0$0$40,392,534
95$60,216,339$0$0$44,430,223
96$66,240,503$0$0$48,877,162
97$72,875,417$0$0$53,775,013
98$80,183,262$0$0$59,169,685
99$88,232,556$0$0$65,111,767
100$97,098,802$0$0$71,657,004