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%14.9%
1 years$60,613$60,073$59,546$59,032$58,530$57,348
2 years$30,006$29,448$28,906$28,381$27,872$26,686
3 years$19,806$19,244$18,704$18,184$17,683$16,531
4 years$14,706$14,147$13,612$13,100$12,612$11,502
5 years$11,647$11,091$10,563$10,062$9,587$8,523
6 years$9,609$9,057$8,537$8,047$7,586$6,568
7 years$8,153$7,606$7,094$6,616$6,169$5,198
8 years$7,062$6,520$6,016$5,550$5,118$4,193
9 years$6,214$5,676$5,182$4,727$4,310$3,431
10 years$5,536$5,004$4,518$4,075$3,672$2,838
11 years$4,981$4,454$3,977$3,546$3,158$2,368
12 years$4,519$3,998$3,530$3,111$2,737$1,990
13 years$4,129$3,613$3,154$2,746$2,387$1,681
14 years$3,794$3,284$2,834$2,438$2,092$1,427
15 years$3,505$3,000$2,558$2,174$1,842$1,215
16 years$3,252$2,753$2,319$1,947$1,628$1,038
17 years$3,029$2,535$2,111$1,749$1,444$890
18 years$2,831$2,342$1,927$1,576$1,284$764
19 years$2,654$2,171$1,764$1,424$1,144$657
20 years$2,495$2,017$1,619$1,290$1,022$566
21 years$2,351$1,879$1,489$1,171$914$489
22 years$2,220$1,754$1,372$1,064$820$422
23 years$2,101$1,641$1,267$969$736$365
24 years$1,992$1,537$1,172$884$661$316
25 years$1,892$1,442$1,085$807$595$274
26 years$1,800$1,356$1,007$738$536$237
27 years$1,715$1,276$935$676$483$206
28 years$1,636$1,202$869$619$436$179
29 years$1,563$1,134$809$568$394$155
30 years$1,494$1,071$753$521$356$135
31 years$1,430$1,013$702$479$322$117
32 years$1,370$958$655$440$291$102
33 years$1,314$907$612$404$263$88
34 years$1,262$860$572$372$238$77
35 years$1,212$816$534$343$216$67
36 years$1,166$774$500$316$196$58
37 years$1,122$735$468$291$177$50
38 years$1,080$699$438$268$161$44
39 years$1,041$664$410$247$146$38
40 years$1,003$632$385$228$132$33
41 years$968$602$361$210$120$29
42 years$934$573$338$194$109$25
43 years$903$546$318$179$99$22
44 years$872$521$298$165$90$19
45 years$843$496$280$153$81$17
46 years$815$473$263$141$74$14
47 years$789$452$247$130$67$13
48 years$764$431$232$120$61$11
49 years$740$412$218$111$55$9
50 years$717$393$205$103$50$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $734,000, adding $2,408 every year, while hoping to spend $25,779 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: 59/13/28 Blend
44$734,000$734,000$734,000$734,000
45$811,352$772,450$761,073$852,914
46$866,681$782,871$759,140$892,021
47$926,790$792,939$756,279$931,714
48$992,139$802,609$752,430$974,475
49$1,063,234$811,834$747,533$1,020,610
50$1,140,632$820,563$741,524$1,070,456
51$1,224,947$828,741$734,336$1,124,385
52$1,316,853$836,310$725,898$1,182,808
53$1,417,093$843,210$716,136$1,246,177
54$1,526,484$849,375$704,974$1,314,993
55$1,645,925$854,734$692,331$1,389,807
56$1,776,407$859,214$678,121$1,471,230
57$1,919,020$862,735$662,258$1,559,934
58$2,074,965$865,214$644,648$1,656,660
59$2,245,562$866,560$625,195$1,762,228
60$2,432,267$866,679$603,796$1,877,542
61$2,636,682$865,471$580,348$2,003,600
62$2,860,572$862,827$554,737$2,141,501
63$3,105,879$858,634$526,850$2,292,461
64$3,374,744$852,773$496,565$2,457,820
65$3,669,524$845,114$463,755$2,639,055
66$3,992,813$835,522$428,289$2,837,798
67$4,347,471$823,854$390,028$3,055,848
68$4,736,647$809,957$348,828$3,295,191
69$5,163,810$793,669$304,538$3,558,016
70$5,632,780$774,821$257,001$3,846,738
71$6,147,766$753,230$206,054$4,164,022
72$6,713,404$728,704$151,523$4,512,807
73$7,334,803$701,042$93,230$4,896,334
74$8,017,588$670,029$30,989$5,318,178
75$8,767,959$635,436$0$5,782,282
76$9,592,743$597,025$0$6,303,581
77$10,499,465$554,541$0$6,886,852
78$11,496,412$507,716$0$7,528,179
79$12,592,717$456,265$0$8,233,461
80$13,798,441$399,889$0$9,009,197
81$15,124,668$338,270$0$9,862,552
82$16,583,613$271,074$0$10,801,419
83$18,188,731$197,946$0$11,834,499
84$19,954,849$118,513$0$12,971,380
85$21,898,304$32,380$0$14,222,630
86$24,037,095$0$0$15,599,895
87$26,391,055$0$0$17,124,716
88$28,982,038$0$0$18,808,243
89$31,834,122$0$0$20,661,499
90$34,973,841$0$0$22,701,734
91$38,430,428$0$0$24,947,955
92$42,236,100$0$0$27,421,106
93$46,426,351$0$0$30,144,265
94$51,040,297$0$0$33,142,862
95$56,121,036$0$0$36,444,918
96$61,716,061$0$0$40,081,310
97$67,877,706$0$0$44,086,063
98$74,663,636$0$0$48,496,669
99$82,137,397$0$0$53,354,443
100$90,369,011$0$0$58,704,910