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%12.2%
1 years$60,448$59,909$59,384$58,871$58,371$57,833
2 years$29,925$29,367$28,827$28,304$27,796$27,254
3 years$19,752$19,192$18,653$18,134$17,635$17,106
4 years$14,666$14,108$13,575$13,065$12,577$12,065
5 years$11,616$11,061$10,535$10,035$9,561$9,067
6 years$9,583$9,032$8,513$8,025$7,565$7,091
7 years$8,131$7,585$7,075$6,598$6,153$5,697
8 years$7,043$6,502$6,000$5,535$5,104$4,668
9 years$6,197$5,661$5,168$4,714$4,298$3,881
10 years$5,520$4,990$4,505$4,064$3,662$3,264
11 years$4,967$4,442$3,966$3,537$3,150$2,770
12 years$4,507$3,987$3,520$3,102$2,730$2,367
13 years$4,118$3,603$3,145$2,739$2,380$2,036
14 years$3,784$3,275$2,826$2,431$2,087$1,759
15 years$3,495$2,992$2,551$2,168$1,837$1,527
16 years$3,243$2,745$2,313$1,941$1,624$1,329
17 years$3,021$2,528$2,105$1,744$1,440$1,161
18 years$2,823$2,336$1,921$1,572$1,280$1,017
19 years$2,647$2,165$1,759$1,420$1,141$892
20 years$2,488$2,012$1,614$1,286$1,019$784
21 years$2,344$1,874$1,485$1,168$912$691
22 years$2,214$1,749$1,369$1,062$817$609
23 years$2,096$1,636$1,264$967$734$538
24 years$1,987$1,533$1,169$882$660$475
25 years$1,887$1,439$1,082$805$594$421
26 years$1,795$1,352$1,004$736$535$372
27 years$1,710$1,272$932$674$482$330
28 years$1,631$1,199$867$617$435$293
29 years$1,558$1,131$806$566$393$260
30 years$1,490$1,068$751$520$355$231
31 years$1,426$1,010$700$477$321$205
32 years$1,367$955$653$439$290$182
33 years$1,311$905$610$403$263$162
34 years$1,258$858$570$371$238$144
35 years$1,209$813$533$342$215$128
36 years$1,163$772$499$315$195$114
37 years$1,119$733$467$290$177$101
38 years$1,077$697$437$267$160$90
39 years$1,038$663$409$246$145$80
40 years$1,001$630$384$227$132$71
41 years$965$600$360$210$120$63
42 years$932$572$338$194$109$57
43 years$900$545$317$179$99$50
44 years$870$519$297$165$89$45
45 years$841$495$279$152$81$40
46 years$813$472$262$141$74$36
47 years$787$451$246$130$67$32
48 years$762$430$231$120$61$28
49 years$738$411$218$111$55$25
50 years$715$392$205$103$50$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $732,000, adding $5,425 every year, while hoping to spend $46,460 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: 71/11/18 Blend
44$732,000$732,000$732,000$732,000
45$812,260$773,464$762,118$866,086
46$845,677$761,931$738,216$891,069
47$880,946$748,275$711,956$912,334
48$918,206$732,344$683,210$934,435
49$957,610$713,976$651,844$957,450
50$999,324$692,998$617,719$981,462
51$1,043,530$669,230$580,687$1,006,566
52$1,090,427$642,479$540,597$1,032,867
53$1,140,232$612,542$497,288$1,060,481
54$1,193,182$579,203$450,594$1,089,539
55$1,249,537$542,234$400,339$1,120,185
56$1,309,582$501,396$346,343$1,152,581
57$1,373,628$456,433$288,414$1,186,905
58$1,442,017$407,077$226,355$1,223,357
59$1,515,122$353,043$159,957$1,262,159
60$1,593,353$294,031$89,005$1,303,555
61$1,677,161$229,724$13,272$1,347,820
62$1,767,037$159,786$0$1,395,257
63$1,863,523$83,864$0$1,459,176
64$1,967,212$1,583$0$1,530,540
65$2,078,756$0$0$1,607,263
66$2,198,871$0$0$1,700,441
67$2,328,342$0$0$1,801,112
68$2,468,032$0$0$1,909,759
69$2,618,891$0$0$2,027,123
70$2,781,959$0$0$2,154,019
71$2,958,382$0$0$2,291,343
72$3,149,419$0$0$2,440,078
73$3,356,454$0$0$2,601,308
74$3,581,009$0$0$2,776,222
75$3,824,758$0$0$2,966,129
76$4,089,542$0$0$3,172,468
77$4,377,386$0$0$3,396,823
78$4,690,517$0$0$3,640,937
79$5,031,387$0$0$3,906,726
80$5,402,692$0$0$4,196,300
81$5,807,400$0$0$4,511,979
82$6,248,778$0$0$4,856,319
83$6,730,421$0$0$5,232,132
84$7,256,286$0$0$5,642,511
85$7,830,729$0$0$6,090,866
86$8,458,545$0$0$6,580,947
87$9,145,015$0$0$7,116,883
88$9,895,952$0$0$7,703,222
89$10,717,755$0$0$8,344,972
90$11,617,474$0$0$9,047,644
91$12,602,869$0$0$9,817,310
92$13,682,487$0$0$10,660,657
93$14,865,741$0$0$11,585,048
94$16,162,998$0$0$12,598,592
95$17,585,675$0$0$13,710,222
96$19,146,348$0$0$14,929,775
97$20,858,867$0$0$16,268,087
98$22,738,491$0$0$17,737,095
99$24,802,025$0$0$19,349,945
100$27,067,982$0$0$21,121,122