Can I retire at age 45 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$60,696$60,155$59,627$59,113$58,610$56,871
2 years$30,047$29,488$28,945$28,420$27,909$26,171
3 years$19,833$19,271$18,730$18,209$17,707$16,025
4 years$14,726$14,166$13,630$13,118$12,629$11,015
5 years$11,663$11,106$10,578$10,076$9,600$8,060
6 years$9,622$9,069$8,548$8,058$7,596$6,130
7 years$8,164$7,616$7,104$6,625$6,178$4,786
8 years$7,072$6,528$6,025$5,557$5,125$3,807
9 years$6,222$5,684$5,189$4,734$4,316$3,071
10 years$5,543$5,010$4,524$4,081$3,678$2,502
11 years$4,988$4,460$3,983$3,551$3,163$2,056
12 years$4,525$4,003$3,535$3,115$2,741$1,701
13 years$4,134$3,618$3,158$2,750$2,390$1,414
14 years$3,800$3,289$2,837$2,441$2,095$1,180
15 years$3,510$3,004$2,562$2,177$1,845$989
16 years$3,256$2,756$2,323$1,949$1,630$831
17 years$3,033$2,538$2,113$1,751$1,446$699
18 years$2,835$2,346$1,929$1,578$1,285$590
19 years$2,657$2,174$1,766$1,426$1,146$499
20 years$2,498$2,020$1,621$1,292$1,023$422
21 years$2,354$1,882$1,491$1,172$916$357
22 years$2,223$1,756$1,374$1,066$821$303
23 years$2,104$1,643$1,269$971$737$257
24 years$1,995$1,539$1,173$885$662$218
25 years$1,895$1,444$1,087$809$596$186
26 years$1,803$1,358$1,008$739$537$158
27 years$1,717$1,278$936$677$484$134
28 years$1,638$1,204$870$620$437$114
29 years$1,565$1,136$810$569$394$97
30 years$1,496$1,073$754$522$356$83
31 years$1,432$1,014$703$479$322$70
32 years$1,372$959$656$440$291$60
33 years$1,316$909$613$405$264$51
34 years$1,264$861$572$373$239$44
35 years$1,214$817$535$343$216$37
36 years$1,167$775$501$316$196$32
37 years$1,123$736$469$291$178$27
38 years$1,082$700$439$268$161$23
39 years$1,042$665$411$247$146$20
40 years$1,005$633$385$228$132$17
41 years$969$603$361$211$120$14
42 years$936$574$339$194$109$12
43 years$904$547$318$179$99$10
44 years$873$521$298$166$90$9
45 years$844$497$280$153$82$7
46 years$817$474$263$141$74$6
47 years$790$452$247$131$67$5
48 years$765$432$232$121$61$5
49 years$741$412$218$111$55$4
50 years$718$394$205$103$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $735,000, adding $2,247 every year, while hoping to spend $44,951 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: 75/6/19 Blend
44$735,000$735,000$735,000$735,000
45$812,288$773,333$761,940$869,449
46$847,314$763,399$739,638$897,696
47$884,406$751,471$715,082$922,909
48$923,727$737,405$688,149$949,367
49$965,456$721,047$658,711$977,184
50$1,009,788$702,233$626,633$1,006,483
51$1,056,936$680,793$591,775$1,037,403
52$1,107,134$656,542$553,990$1,070,097
53$1,160,638$629,289$513,125$1,104,733
54$1,217,727$598,828$469,018$1,141,500
55$1,278,708$564,944$421,504$1,180,604
56$1,343,918$527,408$370,406$1,222,274
57$1,413,725$485,978$315,541$1,266,765
58$1,488,533$440,399$256,720$1,314,356
59$1,568,786$390,401$193,743$1,365,359
60$1,654,969$335,698$126,401$1,420,117
61$1,747,618$275,989$54,477$1,479,009
62$1,847,318$210,955$0$1,542,456
63$1,954,713$140,261$0$1,615,439
64$2,070,509$63,549$0$1,706,035
65$2,195,484$0$0$1,803,805
66$2,330,491$0$0$1,910,721
67$2,476,466$0$0$2,030,884
68$2,634,442$0$0$2,160,949
69$2,805,551$0$0$2,301,853
70$2,991,038$0$0$2,454,625
71$3,192,273$0$0$2,620,396
72$3,410,763$0$0$2,800,410
73$3,648,165$0$0$2,996,037
74$3,906,301$0$0$3,208,783
75$4,187,176$0$0$3,440,303
76$4,492,998$0$0$3,692,422
77$4,826,193$0$0$3,967,146
78$5,189,434$0$0$4,266,681
79$5,585,661$0$0$4,593,457
80$6,018,111$0$0$4,950,150
81$6,490,346$0$0$5,339,701
82$7,006,289$0$0$5,765,354
83$7,570,256$0$0$6,230,674
84$8,187,001$0$0$6,739,591
85$8,861,759$0$0$7,296,429
86$9,600,292$0$0$7,905,950
87$10,408,946$0$0$8,573,399
88$11,294,710$0$0$9,304,551
89$12,265,280$0$0$10,105,765
90$13,329,130$0$0$10,984,046
91$14,495,597$0$0$11,947,107
92$15,774,960$0$0$13,003,445
93$17,178,544$0$0$14,162,419
94$18,718,821$0$0$15,434,335
95$20,409,531$0$0$16,830,548
96$22,265,807$0$0$18,363,566
97$24,304,320$0$0$20,047,164
98$26,543,434$0$0$21,896,521
99$29,003,380$0$0$23,928,355
100$31,706,445$0$0$26,161,086