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%15.8%
1 years$60,530$59,991$59,465$58,952$58,450$57,061
2 years$29,966$29,407$28,867$28,342$27,834$26,441
3 years$19,779$19,218$18,679$18,159$17,659$16,308
4 years$14,686$14,127$13,593$13,083$12,594$11,295
5 years$11,631$11,076$10,549$10,049$9,574$8,330
6 years$9,596$9,044$8,525$8,036$7,576$6,388
7 years$8,142$7,595$7,084$6,607$6,161$5,030
8 years$7,052$6,511$6,008$5,542$5,111$4,037
9 years$6,205$5,669$5,175$4,721$4,304$3,285
10 years$5,528$4,997$4,512$4,069$3,667$2,703
11 years$4,974$4,448$3,972$3,542$3,154$2,242
12 years$4,513$3,993$3,525$3,106$2,733$1,873
13 years$4,123$3,608$3,149$2,743$2,384$1,573
14 years$3,789$3,280$2,830$2,435$2,089$1,326
15 years$3,500$2,996$2,555$2,171$1,840$1,123
16 years$3,247$2,749$2,316$1,944$1,626$953
17 years$3,025$2,532$2,108$1,747$1,442$812
18 years$2,827$2,339$1,924$1,574$1,282$692
19 years$2,650$2,168$1,761$1,422$1,143$592
20 years$2,491$2,015$1,617$1,288$1,021$506
21 years$2,348$1,877$1,487$1,169$913$434
22 years$2,217$1,752$1,370$1,063$819$372
23 years$2,098$1,638$1,265$968$735$320
24 years$1,990$1,535$1,170$883$660$275
25 years$1,890$1,441$1,084$806$594$236
26 years$1,798$1,354$1,005$737$535$203
27 years$1,713$1,274$933$675$483$175
28 years$1,634$1,201$868$618$436$151
29 years$1,560$1,133$808$567$393$130
30 years$1,492$1,070$752$520$355$112
31 years$1,428$1,011$701$478$321$97
32 years$1,369$957$654$439$291$83
33 years$1,313$906$611$404$263$72
34 years$1,260$859$571$372$238$62
35 years$1,211$815$534$342$216$53
36 years$1,164$773$499$315$195$46
37 years$1,120$734$467$290$177$40
38 years$1,079$698$438$268$161$34
39 years$1,039$664$410$247$146$30
40 years$1,002$631$384$228$132$26
41 years$967$601$360$210$120$22
42 years$933$572$338$194$109$19
43 years$901$545$317$179$99$16
44 years$871$520$298$165$90$14
45 years$842$496$280$153$81$12
46 years$814$473$263$141$74$11
47 years$788$451$247$130$67$9
48 years$763$431$232$120$61$8
49 years$739$411$218$111$55$7
50 years$716$393$205$103$50$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $733,000, adding $2,654 every year, while hoping to spend $49,048 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: 52/26/22 Blend
44$733,000$733,000$733,000$733,000
45$810,504$771,655$760,293$847,580
46$840,988$757,279$733,576$859,071
47$872,939$740,555$704,320$866,287
48$906,452$721,316$672,389$873,108
49$941,635$699,385$637,639$879,514
50$978,602$674,576$599,920$885,487
51$1,017,479$646,689$559,077$891,009
52$1,058,402$615,517$514,946$896,064
53$1,101,518$580,837$467,356$900,638
54$1,146,991$542,415$416,130$904,718
55$1,194,994$500,004$361,081$908,296
56$1,245,721$453,342$302,015$911,367
57$1,299,380$402,151$238,728$913,929
58$1,356,201$346,140$171,009$915,984
59$1,416,431$285,000$98,636$917,543
60$1,480,346$218,403$21,378$918,618
61$1,548,242$146,005$0$919,234
62$1,620,445$67,442$0$933,755
63$1,697,313$0$0$954,173
64$1,779,237$0$0$980,634
65$1,866,644$0$0$1,029,495
66$1,960,003$0$0$1,081,728
67$2,059,828$0$0$1,137,627
68$2,166,682$0$0$1,197,513
69$2,281,183$0$0$1,261,738
70$2,404,008$0$0$1,330,689
71$2,535,901$0$0$1,404,792
72$2,677,678$0$0$1,484,511
73$2,830,234$0$0$1,570,360
74$2,994,553$0$0$1,662,900
75$3,171,715$0$0$1,762,748
76$3,362,906$0$0$1,870,583
77$3,569,431$0$0$1,987,150
78$3,792,722$0$0$2,113,269
79$4,034,354$0$0$2,249,840
80$4,296,057$0$0$2,397,854
81$4,579,735$0$0$2,558,398
82$4,887,482$0$0$2,732,671
83$5,221,597$0$0$2,921,989
84$5,584,614$0$0$3,127,801
85$5,979,317$0$0$3,351,700
86$6,408,768$0$0$3,595,441
87$6,876,341$0$0$3,860,951
88$7,385,742$0$0$4,150,356
89$7,941,055$0$0$4,465,990
90$8,546,772$0$0$4,810,427
91$9,207,838$0$0$5,186,497
92$9,929,695$0$0$5,597,316
93$10,718,335$0$0$6,046,315
94$11,580,355$0$0$6,537,272
95$12,523,016$0$0$7,074,344
96$13,554,315$0$0$7,662,111
97$14,683,055$0$0$8,305,616
98$15,918,933$0$0$9,010,410
99$17,272,623$0$0$9,782,608
100$18,755,884$0$0$10,628,943