Can I retire at age 45 with 732,000?

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 $732,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$60,448$59,909$59,384$58,871$58,371$58,027
2 years$29,925$29,367$28,827$28,304$27,796$27,449
3 years$19,752$19,192$18,653$18,134$17,635$17,296
4 years$14,666$14,108$13,575$13,065$12,577$12,249
5 years$11,616$11,061$10,535$10,035$9,561$9,244
6 years$9,583$9,032$8,513$8,025$7,565$7,260
7 years$8,131$7,585$7,075$6,598$6,153$5,859
8 years$7,043$6,502$6,000$5,535$5,104$4,822
9 years$6,197$5,661$5,168$4,714$4,298$4,028
10 years$5,520$4,990$4,505$4,064$3,662$3,404
11 years$4,967$4,442$3,966$3,537$3,150$2,903
12 years$4,507$3,987$3,520$3,102$2,730$2,494
13 years$4,118$3,603$3,145$2,739$2,380$2,155
14 years$3,784$3,275$2,826$2,431$2,087$1,872
15 years$3,495$2,992$2,551$2,168$1,837$1,633
16 years$3,243$2,745$2,313$1,941$1,624$1,430
17 years$3,021$2,528$2,105$1,744$1,440$1,256
18 years$2,823$2,336$1,921$1,572$1,280$1,106
19 years$2,647$2,165$1,759$1,420$1,141$976
20 years$2,488$2,012$1,614$1,286$1,019$863
21 years$2,344$1,874$1,485$1,168$912$765
22 years$2,214$1,749$1,369$1,062$817$678
23 years$2,096$1,636$1,264$967$734$603
24 years$1,987$1,533$1,169$882$660$536
25 years$1,887$1,439$1,082$805$594$477
26 years$1,795$1,352$1,004$736$535$425
27 years$1,710$1,272$932$674$482$379
28 years$1,631$1,199$867$617$435$338
29 years$1,558$1,131$806$566$393$302
30 years$1,490$1,068$751$520$355$270
31 years$1,426$1,010$700$477$321$241
32 years$1,367$955$653$439$290$216
33 years$1,311$905$610$403$263$193
34 years$1,258$858$570$371$238$173
35 years$1,209$813$533$342$215$155
36 years$1,163$772$499$315$195$139
37 years$1,119$733$467$290$177$124
38 years$1,077$697$437$267$160$111
39 years$1,038$663$409$246$145$100
40 years$1,001$630$384$227$132$89
41 years$965$600$360$210$120$80
42 years$932$572$338$194$109$72
43 years$900$545$317$179$99$64
44 years$870$519$297$165$89$58
45 years$841$495$279$152$81$52
46 years$813$472$262$141$74$46
47 years$787$451$246$130$67$42
48 years$762$430$231$120$61$37
49 years$738$411$218$111$55$34
50 years$715$392$205$103$50$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $732,000, adding $3,009 every year, while hoping to spend $31,626 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: 43/35/22 Blend
44$732,000$732,000$732,000$732,000
45$809,768$770,972$759,626$839,283
46$858,714$775,100$751,423$864,640
47$911,593$778,370$741,886$888,802
48$968,773$780,707$730,936$914,340
49$1,030,657$782,030$718,492$941,398
50$1,097,689$782,256$704,467$970,136
51$1,170,359$781,292$688,772$1,000,731
52$1,249,204$779,043$671,314$1,033,382
53$1,334,814$775,407$651,995$1,068,309
54$1,427,839$770,277$630,711$1,105,757
55$1,528,995$763,536$607,355$1,145,998
56$1,639,067$755,064$581,816$1,189,335
57$1,758,921$744,731$553,976$1,236,104
58$1,889,509$732,401$523,713$1,286,679
59$2,031,879$717,929$490,897$1,341,473
60$2,187,185$701,162$455,396$1,400,946
61$2,356,695$681,936$417,070$1,465,610
62$2,541,808$660,081$375,772$1,536,029
63$2,744,061$635,414$331,349$1,612,830
64$2,965,149$607,742$283,642$1,696,711
65$3,206,935$576,862$232,485$1,788,441
66$3,471,472$542,558$177,703$1,888,875
67$3,761,021$504,603$119,115$1,998,958
68$4,078,071$462,754$56,531$2,119,740
69$4,425,362$416,758$0$2,252,381
70$4,805,915$366,344$0$2,400,572
71$5,223,053$311,229$0$2,577,647
72$5,680,437$251,112$0$2,771,945
73$6,182,100$185,676$0$2,985,261
74$6,732,484$114,583$0$3,219,575
75$7,336,481$37,482$0$3,477,075
76$7,999,481$0$0$3,760,178
77$8,727,418$0$0$4,089,269
78$9,526,833$0$0$4,466,621
79$10,404,929$0$0$4,881,211
80$11,369,641$0$0$5,336,798
81$12,429,710$0$0$5,837,521
82$13,594,769$0$0$6,387,945
83$14,875,426$0$0$6,993,093
84$16,283,371$0$0$7,658,505
85$17,831,481$0$0$8,390,281
86$19,533,946$0$0$9,195,141
87$21,406,398$0$0$10,080,493
88$23,466,059$0$0$11,054,495
89$25,731,906$0$0$12,126,138
90$28,224,847$0$0$13,305,327
91$30,967,919$0$0$14,602,976
92$33,986,506$0$0$16,031,111
93$37,308,573$0$0$17,602,984
94$40,964,938$0$0$19,333,193
95$44,989,555$0$0$21,237,827
96$49,419,838$0$0$23,334,611
97$54,297,012$0$0$25,643,080
98$59,666,503$0$0$28,184,755
99$65,578,365$0$0$30,983,352
100$72,087,752$0$0$34,065,004