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%13%
1 years$60,365$59,828$59,303$58,791$58,291$57,563
2 years$29,884$29,327$28,788$28,265$27,758$27,025
3 years$19,725$19,166$18,628$18,110$17,611$16,896
4 years$14,646$14,089$13,556$13,047$12,560$11,869
5 years$11,600$11,046$10,520$10,021$9,548$8,883
6 years$9,569$9,020$8,502$8,014$7,555$6,916
7 years$8,120$7,575$7,065$6,589$6,144$5,532
8 years$7,033$6,493$5,992$5,527$5,097$4,512
9 years$6,188$5,653$5,161$4,708$4,293$3,734
10 years$5,513$4,983$4,499$4,058$3,657$3,125
11 years$4,961$4,436$3,961$3,532$3,146$2,639
12 years$4,501$3,982$3,515$3,098$2,726$2,244
13 years$4,112$3,598$3,141$2,735$2,377$1,920
14 years$3,779$3,271$2,822$2,428$2,084$1,650
15 years$3,491$2,988$2,548$2,165$1,835$1,424
16 years$3,239$2,741$2,310$1,939$1,621$1,233
17 years$3,016$2,525$2,102$1,742$1,438$1,071
18 years$2,819$2,333$1,919$1,570$1,278$933
19 years$2,643$2,162$1,757$1,418$1,139$814
20 years$2,484$2,009$1,612$1,285$1,018$711
21 years$2,341$1,871$1,483$1,166$911$623
22 years$2,211$1,747$1,367$1,060$816$546
23 years$2,093$1,634$1,262$965$733$479
24 years$1,984$1,531$1,167$881$659$421
25 years$1,885$1,437$1,081$804$593$370
26 years$1,793$1,350$1,002$735$534$325
27 years$1,708$1,271$931$673$481$287
28 years$1,629$1,197$865$617$434$253
29 years$1,556$1,130$805$565$392$223
30 years$1,488$1,067$750$519$354$196
31 years$1,424$1,008$699$477$320$173
32 years$1,365$954$652$438$290$153
33 years$1,309$904$609$403$262$135
34 years$1,257$856$569$371$237$119
35 years$1,207$812$532$341$215$105
36 years$1,161$771$498$314$195$93
37 years$1,117$732$466$290$177$82
38 years$1,076$696$436$267$160$73
39 years$1,037$662$409$246$145$64
40 years$999$630$383$227$132$57
41 years$964$599$359$209$119$50
42 years$931$571$337$193$108$44
43 years$899$544$316$178$98$39
44 years$869$518$297$165$89$35
45 years$840$494$279$152$81$31
46 years$812$472$262$141$74$27
47 years$786$450$246$130$67$24
48 years$761$430$231$120$61$21
49 years$737$410$217$111$55$19
50 years$714$392$204$102$50$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $731,000, adding $6,910 every year, while hoping to spend $38,730 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: 76/7/17 Blend
44$731,000$731,000$731,000$731,000
45$812,690$773,947$762,616$870,845
46$854,376$770,662$746,955$906,953
47$899,015$765,918$729,472$941,032
48$946,870$759,602$710,064$977,353
49$998,224$751,596$688,624$1,016,128
50$1,053,391$741,773$665,042$1,057,591
51$1,112,716$729,999$639,200$1,102,000
52$1,176,577$716,133$610,977$1,149,639
53$1,245,388$700,023$580,245$1,200,822
54$1,319,604$681,511$546,870$1,255,897
55$1,399,728$660,429$510,714$1,315,245
56$1,486,307$636,597$471,630$1,379,289
57$1,579,948$609,828$429,467$1,448,495
58$1,681,315$579,921$384,066$1,523,377
59$1,791,137$546,666$335,260$1,604,502
60$1,910,219$509,838$282,877$1,692,496
61$2,039,443$469,202$226,735$1,788,049
62$2,179,781$424,508$166,646$1,891,925
63$2,332,301$375,491$102,411$2,004,963
64$2,498,179$321,874$33,825$2,128,093
65$2,678,708$263,360$0$2,262,337
66$2,875,311$199,640$0$2,415,967
67$3,089,555$130,384$0$2,590,099
68$3,323,161$55,244$0$2,780,010
69$3,578,026$0$0$2,987,260
70$3,856,240$0$0$3,215,583
71$4,160,098$0$0$3,469,627
72$4,492,131$0$0$3,747,253
73$4,855,125$0$0$4,050,795
74$5,252,144$0$0$4,382,820
75$5,686,567$0$0$4,746,155
76$6,162,109$0$0$5,143,913
77$6,682,866$0$0$5,579,522
78$7,253,345$0$0$6,056,758
79$7,878,511$0$0$6,579,778
80$8,563,831$0$0$7,153,160
81$9,315,328$0$0$7,781,948
82$10,139,634$0$0$8,471,697
83$11,044,055$0$0$9,228,523
84$12,036,637$0$0$10,059,166
85$13,126,245$0$0$10,971,049
86$14,322,641$0$0$11,972,348
87$15,636,582$0$0$13,072,071
88$17,079,915$0$0$14,280,139
89$18,665,693$0$0$15,607,484
90$20,408,295$0$0$17,066,147
91$22,323,561$0$0$18,669,395
92$24,428,943$0$0$20,431,843
93$26,743,668$0$0$22,369,594
94$29,288,919$0$0$24,500,386
95$32,088,033$0$0$26,843,765
96$35,166,724$0$0$29,421,266
97$38,553,321$0$0$32,256,615
98$42,279,038$0$0$35,375,951
99$46,378,266$0$0$38,808,079
100$50,888,899$0$0$42,584,733