Can I retire at age 45 with 733,000?

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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$60,530$59,991$59,465$58,952$58,450$57,985
2 years$29,966$29,407$28,867$28,342$27,834$27,364
3 years$19,779$19,218$18,679$18,159$17,659$17,200
4 years$14,686$14,127$13,593$13,083$12,594$12,150
5 years$11,631$11,076$10,549$10,049$9,574$9,146
6 years$9,596$9,044$8,525$8,036$7,576$7,163
7 years$8,142$7,595$7,084$6,607$6,161$5,765
8 years$7,052$6,511$6,008$5,542$5,111$4,732
9 years$6,205$5,669$5,175$4,721$4,304$3,941
10 years$5,528$4,997$4,512$4,069$3,667$3,320
11 years$4,974$4,448$3,972$3,542$3,154$2,823
12 years$4,513$3,993$3,525$3,106$2,733$2,417
13 years$4,123$3,608$3,149$2,743$2,384$2,083
14 years$3,789$3,280$2,830$2,435$2,089$1,803
15 years$3,500$2,996$2,555$2,171$1,840$1,568
16 years$3,247$2,749$2,316$1,944$1,626$1,368
17 years$3,025$2,532$2,108$1,747$1,442$1,197
18 years$2,827$2,339$1,924$1,574$1,282$1,051
19 years$2,650$2,168$1,761$1,422$1,143$924
20 years$2,491$2,015$1,617$1,288$1,021$814
21 years$2,348$1,877$1,487$1,169$913$719
22 years$2,217$1,752$1,370$1,063$819$635
23 years$2,098$1,638$1,265$968$735$562
24 years$1,990$1,535$1,170$883$660$498
25 years$1,890$1,441$1,084$806$594$442
26 years$1,798$1,354$1,005$737$535$392
27 years$1,713$1,274$933$675$483$348
28 years$1,634$1,201$868$618$436$310
29 years$1,560$1,133$808$567$393$275
30 years$1,492$1,070$752$520$355$245
31 years$1,428$1,011$701$478$321$218
32 years$1,369$957$654$439$291$194
33 years$1,313$906$611$404$263$173
34 years$1,260$859$571$372$238$154
35 years$1,211$815$534$342$216$138
36 years$1,164$773$499$315$195$123
37 years$1,120$734$467$290$177$109
38 years$1,079$698$438$268$161$98
39 years$1,039$664$410$247$146$87
40 years$1,002$631$384$228$132$78
41 years$967$601$360$210$120$69
42 years$933$572$338$194$109$62
43 years$901$545$317$179$99$55
44 years$871$520$298$165$90$49
45 years$842$496$280$153$81$44
46 years$814$473$263$141$74$39
47 years$788$451$247$130$67$35
48 years$763$431$232$120$61$31
49 years$739$411$218$111$55$28
50 years$716$393$205$103$50$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $733,000, adding $3,154 every year, while hoping to spend $57,928 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: 47/48/5 Blend
44$733,000$733,000$733,000$733,000
45$811,019$772,170$760,809$847,939
46$832,108$748,372$724,661$849,757
47$853,407$721,466$685,361$845,352
48$874,875$691,238$642,741$839,195
49$896,468$657,464$596,628$831,141
50$918,132$619,904$546,840$821,032
51$939,808$578,306$493,185$808,702
52$961,427$532,402$435,466$793,969
53$982,914$481,910$373,475$776,642
54$1,004,179$426,532$306,995$756,513
55$1,025,126$365,953$235,799$733,362
56$1,045,642$299,838$159,652$706,951
57$1,065,604$227,836$78,306$677,026
58$1,084,871$149,575$0$643,313
59$1,103,286$64,663$0$605,974
60$1,120,674$0$0$568,729
61$1,136,838$0$0$541,502
62$1,151,559$0$0$547,637
63$1,164,594$0$0$552,851
64$1,175,668$0$0$557,001
65$1,184,479$0$0$559,929
66$1,190,688$0$0$561,458
67$1,193,921$0$0$561,392
68$1,193,760$0$0$559,513
69$1,189,742$0$0$555,580
70$1,181,351$0$0$549,324
71$1,168,017$0$0$540,448
72$1,149,108$0$0$528,622
73$1,123,922$0$0$513,481
74$1,091,681$0$0$494,620
75$1,051,524$0$0$471,591
76$1,002,500$0$0$443,898
77$943,552$0$0$410,994
78$873,513$0$0$372,270
79$791,093$0$0$327,056
80$694,862$0$0$274,610
81$583,244$0$0$214,112
82$454,491$0$0$144,655
83$306,677$0$0$65,237
84$137,668$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0