Can I retire at age 45 with 734,000?

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 $734,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$60,613$60,073$59,546$59,032$58,530$57,871
2 years$30,006$29,448$28,906$28,381$27,872$27,208
3 years$19,806$19,244$18,704$18,184$17,683$17,035
4 years$14,706$14,147$13,612$13,100$12,612$11,985
5 years$11,647$11,091$10,563$10,062$9,587$8,984
6 years$9,609$9,057$8,537$8,047$7,586$7,006
7 years$8,153$7,606$7,094$6,616$6,169$5,614
8 years$7,062$6,520$6,016$5,550$5,118$4,586
9 years$6,214$5,676$5,182$4,727$4,310$3,802
10 years$5,536$5,004$4,518$4,075$3,672$3,188
11 years$4,981$4,454$3,977$3,546$3,158$2,697
12 years$4,519$3,998$3,530$3,111$2,737$2,298
13 years$4,129$3,613$3,154$2,746$2,387$1,970
14 years$3,794$3,284$2,834$2,438$2,092$1,696
15 years$3,505$3,000$2,558$2,174$1,842$1,467
16 years$3,252$2,753$2,319$1,947$1,628$1,273
17 years$3,029$2,535$2,111$1,749$1,444$1,108
18 years$2,831$2,342$1,927$1,576$1,284$967
19 years$2,654$2,171$1,764$1,424$1,144$845
20 years$2,495$2,017$1,619$1,290$1,022$740
21 years$2,351$1,879$1,489$1,171$914$650
22 years$2,220$1,754$1,372$1,064$820$571
23 years$2,101$1,641$1,267$969$736$502
24 years$1,992$1,537$1,172$884$661$442
25 years$1,892$1,442$1,085$807$595$390
26 years$1,800$1,356$1,007$738$536$344
27 years$1,715$1,276$935$676$483$303
28 years$1,636$1,202$869$619$436$268
29 years$1,563$1,134$809$568$394$237
30 years$1,494$1,071$753$521$356$209
31 years$1,430$1,013$702$479$322$185
32 years$1,370$958$655$440$291$164
33 years$1,314$907$612$404$263$145
34 years$1,262$860$572$372$238$128
35 years$1,212$816$534$343$216$114
36 years$1,166$774$500$316$196$101
37 years$1,122$735$468$291$177$89
38 years$1,080$699$438$268$161$79
39 years$1,041$664$410$247$146$70
40 years$1,003$632$385$228$132$62
41 years$968$602$361$210$120$55
42 years$934$573$338$194$109$49
43 years$903$546$318$179$99$43
44 years$872$521$298$165$90$38
45 years$843$496$280$153$81$34
46 years$815$473$263$141$74$30
47 years$789$452$247$130$67$27
48 years$764$431$232$120$61$24
49 years$740$412$218$111$55$21
50 years$717$393$205$103$50$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $734,000, adding $2,405 every year, while hoping to spend $56,036 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: 67/24/9 Blend
44$734,000$734,000$734,000$734,000
45$811,349$772,447$761,070$864,107
46$834,484$750,675$726,944$877,695
47$858,102$725,958$689,796$885,611
48$882,191$698,093$649,467$892,792
49$906,739$666,864$605,789$899,157
50$931,730$632,043$558,586$904,623
51$957,143$593,391$507,676$909,097
52$982,956$550,651$452,867$912,480
53$1,009,139$503,554$393,960$914,664
54$1,035,660$451,817$330,746$915,534
55$1,062,479$395,137$263,008$914,965
56$1,089,550$333,198$190,517$912,823
57$1,116,822$265,662$113,037$908,962
58$1,144,234$192,176$30,320$903,226
59$1,171,717$112,363$0$895,445
60$1,199,192$25,829$0$891,003
61$1,226,571$0$0$887,606
62$1,253,752$0$0$900,071
63$1,280,620$0$0$919,102
64$1,307,047$0$0$937,781
65$1,332,888$0$0$956,001
66$1,357,978$0$0$973,641
67$1,382,136$0$0$990,564
68$1,405,155$0$0$1,006,617
69$1,426,807$0$0$1,021,632
70$1,446,835$0$0$1,035,416
71$1,464,952$0$0$1,047,758
72$1,480,839$0$0$1,058,421
73$1,494,139$0$0$1,067,141
74$1,504,458$0$0$1,073,624
75$1,511,353$0$0$1,077,544
76$1,514,336$0$0$1,078,538
77$1,512,860$0$0$1,076,202
78$1,506,322$0$0$1,070,089
79$1,494,050$0$0$1,059,703
80$1,475,300$0$0$1,044,491
81$1,449,246$0$0$1,023,844
82$1,414,974$0$0$997,085
83$1,371,470$0$0$963,464
84$1,317,613$0$0$922,150
85$1,252,159$0$0$872,226
86$1,173,733$0$0$812,674
87$1,080,814$0$0$742,369
88$971,719$0$0$660,067
89$844,588$0$0$564,393
90$697,362$0$0$453,826
91$527,768$0$0$326,684
92$333,293$0$0$181,111
93$111,159$0$0$15,054
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