Can I retire at age 45 with 731,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18%
1 years$60,365$59,828$59,303$58,791$58,291$56,402
2 years$29,884$29,327$28,788$28,265$27,758$25,873
3 years$19,725$19,166$18,628$18,110$17,611$15,788
4 years$14,646$14,089$13,556$13,047$12,560$10,815
5 years$11,600$11,046$10,520$10,021$9,548$7,884
6 years$9,569$9,020$8,502$8,014$7,555$5,974
7 years$8,120$7,575$7,065$6,589$6,144$4,645
8 years$7,033$6,493$5,992$5,527$5,097$3,680
9 years$6,188$5,653$5,161$4,708$4,293$2,955
10 years$5,513$4,983$4,499$4,058$3,657$2,398
11 years$4,961$4,436$3,961$3,532$3,146$1,961
12 years$4,501$3,982$3,515$3,098$2,726$1,615
13 years$4,112$3,598$3,141$2,735$2,377$1,336
14 years$3,779$3,271$2,822$2,428$2,084$1,110
15 years$3,491$2,988$2,548$2,165$1,835$925
16 years$3,239$2,741$2,310$1,939$1,621$773
17 years$3,016$2,525$2,102$1,742$1,438$648
18 years$2,819$2,333$1,919$1,570$1,278$544
19 years$2,643$2,162$1,757$1,418$1,139$457
20 years$2,484$2,009$1,612$1,285$1,018$385
21 years$2,341$1,871$1,483$1,166$911$324
22 years$2,211$1,747$1,367$1,060$816$273
23 years$2,093$1,634$1,262$965$733$231
24 years$1,984$1,531$1,167$881$659$195
25 years$1,885$1,437$1,081$804$593$165
26 years$1,793$1,350$1,002$735$534$139
27 years$1,708$1,271$931$673$481$118
28 years$1,629$1,197$865$617$434$100
29 years$1,556$1,130$805$565$392$84
30 years$1,488$1,067$750$519$354$71
31 years$1,424$1,008$699$477$320$60
32 years$1,365$954$652$438$290$51
33 years$1,309$904$609$403$262$43
34 years$1,257$856$569$371$237$37
35 years$1,207$812$532$341$215$31
36 years$1,161$771$498$314$195$26
37 years$1,117$732$466$290$177$22
38 years$1,076$696$436$267$160$19
39 years$1,037$662$409$246$145$16
40 years$999$630$383$227$132$14
41 years$964$599$359$209$119$11
42 years$931$571$337$193$108$10
43 years$899$544$316$178$98$8
44 years$869$518$297$165$89$7
45 years$840$494$279$152$81$6
46 years$812$472$262$141$74$5
47 years$786$450$246$130$67$4
48 years$761$430$231$120$61$4
49 years$737$410$217$111$55$3
50 years$714$392$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 $731,000, adding $2,647 every year, while hoping to spend $43,324 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: 64/28/8 Blend
44$731,000$731,000$731,000$731,000
45$808,292$769,549$758,219$858,571
46$844,642$761,161$737,523$884,021
47$883,247$750,909$714,681$906,467
48$924,292$738,658$689,577$929,863
49$967,978$724,261$662,087$954,299
50$1,014,527$707,565$632,082$979,875
51$1,064,181$688,407$599,428$1,006,702
52$1,117,203$666,615$563,985$1,034,904
53$1,173,884$642,005$525,605$1,064,622
54$1,234,543$614,386$484,135$1,096,010
55$1,299,528$583,553$439,415$1,129,241
56$1,369,222$549,289$391,278$1,164,507
57$1,444,045$511,367$339,548$1,202,025
58$1,524,457$469,543$284,043$1,242,031
59$1,610,965$423,564$224,571$1,284,793
60$1,704,124$373,159$160,934$1,330,607
61$1,804,543$318,042$92,924$1,379,801
62$1,912,892$257,912$20,323$1,432,743
63$2,029,908$192,451$0$1,489,839
64$2,156,400$121,322$0$1,556,420
65$2,293,257$44,171$0$1,630,279
66$2,441,455$0$0$1,710,257
67$2,602,069$0$0$1,809,130
68$2,776,281$0$0$1,931,178
69$2,965,390$0$0$2,063,706
70$3,170,825$0$0$2,207,721
71$3,394,158$0$0$2,364,332
72$3,637,117$0$0$2,534,758
73$3,901,606$0$0$2,720,338
74$4,189,719$0$0$2,922,549
75$4,503,758$0$0$3,143,016
76$4,846,261$0$0$3,383,524
77$5,220,017$0$0$3,646,041
78$5,628,098$0$0$3,932,733
79$6,073,886$0$0$4,245,984
80$6,561,104$0$0$4,588,418
81$7,093,850$0$0$4,962,925
82$7,676,636$0$0$5,372,686
83$8,314,432$0$0$5,821,203
84$9,012,709$0$0$6,312,336
85$9,777,492$0$0$6,850,331
86$10,615,415$0$0$7,439,867
87$11,533,786$0$0$8,086,096
88$12,540,652$0$0$8,794,693
89$13,644,877$0$0$9,571,906
90$14,856,223$0$0$10,424,620
91$16,185,442$0$0$11,360,417
92$17,644,379$0$0$12,387,648
93$19,246,080$0$0$13,515,513
94$21,004,917$0$0$14,754,148
95$22,936,721$0$0$16,114,714
96$25,058,932$0$0$17,609,511
97$27,390,763$0$0$19,252,087
98$29,953,378$0$0$21,057,367
99$32,770,097$0$0$23,041,795
100$35,866,607$0$0$25,223,487