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%12%
1 years$60,365$59,828$59,303$58,791$58,291$57,803
2 years$29,884$29,327$28,788$28,265$27,758$27,265
3 years$19,725$19,166$18,628$18,110$17,611$17,130
4 years$14,646$14,089$13,556$13,047$12,560$12,094
5 years$11,600$11,046$10,520$10,021$9,548$9,099
6 years$9,569$9,020$8,502$8,014$7,555$7,123
7 years$8,120$7,575$7,065$6,589$6,144$5,729
8 years$7,033$6,493$5,992$5,527$5,097$4,700
9 years$6,188$5,653$5,161$4,708$4,293$3,912
10 years$5,513$4,983$4,499$4,058$3,657$3,294
11 years$4,961$4,436$3,961$3,532$3,146$2,799
12 years$4,501$3,982$3,515$3,098$2,726$2,395
13 years$4,112$3,598$3,141$2,735$2,377$2,062
14 years$3,779$3,271$2,822$2,428$2,084$1,784
15 years$3,491$2,988$2,548$2,165$1,835$1,551
16 years$3,239$2,741$2,310$1,939$1,621$1,352
17 years$3,016$2,525$2,102$1,742$1,438$1,182
18 years$2,819$2,333$1,919$1,570$1,278$1,037
19 years$2,643$2,162$1,757$1,418$1,139$911
20 years$2,484$2,009$1,612$1,285$1,018$802
21 years$2,341$1,871$1,483$1,166$911$708
22 years$2,211$1,747$1,367$1,060$816$625
23 years$2,093$1,634$1,262$965$733$553
24 years$1,984$1,531$1,167$881$659$489
25 years$1,885$1,437$1,081$804$593$434
26 years$1,793$1,350$1,002$735$534$384
27 years$1,708$1,271$931$673$481$341
28 years$1,629$1,197$865$617$434$303
29 years$1,556$1,130$805$565$392$269
30 years$1,488$1,067$750$519$354$240
31 years$1,424$1,008$699$477$320$213
32 years$1,365$954$652$438$290$190
33 years$1,309$904$609$403$262$169
34 years$1,257$856$569$371$237$150
35 years$1,207$812$532$341$215$134
36 years$1,161$771$498$314$195$119
37 years$1,117$732$466$290$177$106
38 years$1,076$696$436$267$160$95
39 years$1,037$662$409$246$145$85
40 years$999$630$383$227$132$75
41 years$964$599$359$209$119$67
42 years$931$571$337$193$108$60
43 years$899$544$316$178$98$53
44 years$869$518$297$165$89$48
45 years$840$494$279$152$81$43
46 years$812$472$262$141$74$38
47 years$786$450$246$130$67$34
48 years$761$430$231$120$61$30
49 years$737$410$217$111$55$27
50 years$714$392$204$102$50$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $731,000, adding $3,377 every year, while hoping to spend $44,868 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: 59/11/30 Blend
44$731,000$731,000$731,000$731,000
45$809,045$770,302$758,972$849,966
46$843,829$760,308$736,658$868,383
47$880,656$748,320$712,093$883,442
48$919,689$734,194$685,154$898,955
49$961,103$717,775$655,713$914,980
50$1,005,091$698,901$623,635$931,581
51$1,051,864$677,401$588,779$948,833
52$1,101,651$653,090$551,000$966,817
53$1,154,705$625,777$510,145$985,630
54$1,211,302$595,258$466,052$1,005,377
55$1,271,745$561,315$418,554$1,026,178
56$1,336,365$523,722$367,478$1,048,169
57$1,405,525$482,235$312,640$1,071,501
58$1,479,625$436,601$253,850$1,096,346
59$1,559,101$386,549$190,908$1,122,894
60$1,644,433$331,794$123,607$1,151,361
61$1,736,148$272,034$51,731$1,181,986
62$1,834,823$206,952$0$1,215,040
63$1,941,093$136,211$0$1,258,816
64$2,055,655$59,455$0$1,323,848
65$2,179,274$0$0$1,394,012
66$2,312,791$0$0$1,472,677
67$2,457,131$0$0$1,565,546
68$2,613,309$0$0$1,666,081
69$2,782,442$0$0$1,775,007
70$2,965,758$0$0$1,893,122
71$3,164,606$0$0$2,021,302
72$3,380,472$0$0$2,160,511
73$3,614,988$0$0$2,311,811
74$3,869,951$0$0$2,476,367
75$4,147,336$0$0$2,655,463
76$4,449,317$0$0$2,850,513
77$4,778,288$0$0$3,063,069
78$5,136,881$0$0$3,294,843
79$5,527,993$0$0$3,547,717
80$5,954,815$0$0$3,823,764
81$6,420,855$0$0$4,125,264
82$6,929,979$0$0$4,454,729
83$7,486,440$0$0$4,814,922
84$8,094,924$0$0$5,208,889
85$8,760,585$0$0$5,639,979
86$9,489,104$0$0$6,111,884
87$10,286,732$0$0$6,628,667
88$11,160,355$0$0$7,194,803
89$12,117,556$0$0$7,815,221
90$13,166,684$0$0$8,495,347
91$14,316,938$0$0$9,241,159
92$15,578,446$0$0$10,059,243
93$16,962,364$0$0$10,956,848
94$18,480,983$0$0$11,941,963
95$20,147,837$0$0$13,023,387
96$21,977,836$0$0$14,210,812
97$23,987,405$0$0$15,514,913
98$26,194,637$0$0$16,947,453
99$28,619,463$0$0$18,521,388
100$31,283,840$0$0$20,250,990