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%20%
1 years$60,696$60,155$59,627$59,113$58,610$56,262
2 years$30,047$29,488$28,945$28,420$27,909$25,574
3 years$19,833$19,271$18,730$18,209$17,707$15,457
4 years$14,726$14,166$13,630$13,118$12,629$10,481
5 years$11,663$11,106$10,578$10,076$9,600$7,561
6 years$9,622$9,069$8,548$8,058$7,596$5,666
7 years$8,164$7,616$7,104$6,625$6,178$4,356
8 years$7,072$6,528$6,025$5,557$5,125$3,410
9 years$6,222$5,684$5,189$4,734$4,316$2,705
10 years$5,543$5,010$4,524$4,081$3,678$2,167
11 years$4,988$4,460$3,983$3,551$3,163$1,750
12 years$4,525$4,003$3,535$3,115$2,741$1,421
13 years$4,134$3,618$3,158$2,750$2,390$1,160
14 years$3,800$3,289$2,837$2,441$2,095$950
15 years$3,510$3,004$2,562$2,177$1,845$781
16 years$3,256$2,756$2,323$1,949$1,630$643
17 years$3,033$2,538$2,113$1,751$1,446$531
18 years$2,835$2,346$1,929$1,578$1,285$439
19 years$2,657$2,174$1,766$1,426$1,146$364
20 years$2,498$2,020$1,621$1,292$1,023$301
21 years$2,354$1,882$1,491$1,172$916$250
22 years$2,223$1,756$1,374$1,066$821$208
23 years$2,104$1,643$1,269$971$737$172
24 years$1,995$1,539$1,173$885$662$143
25 years$1,895$1,444$1,087$809$596$119
26 years$1,803$1,358$1,008$739$537$99
27 years$1,717$1,278$936$677$484$83
28 years$1,638$1,204$870$620$437$69
29 years$1,565$1,136$810$569$394$57
30 years$1,496$1,073$754$522$356$48
31 years$1,432$1,014$703$479$322$40
32 years$1,372$959$656$440$291$33
33 years$1,316$909$613$405$264$27
34 years$1,264$861$572$373$239$23
35 years$1,214$817$535$343$216$19
36 years$1,167$775$501$316$196$16
37 years$1,123$736$469$291$178$13
38 years$1,082$700$439$268$161$11
39 years$1,042$665$411$247$146$9
40 years$1,005$633$385$228$132$8
41 years$969$603$361$211$120$6
42 years$936$574$339$194$109$5
43 years$904$547$318$179$99$4
44 years$873$521$298$166$90$4
45 years$844$497$280$153$82$3
46 years$817$474$263$141$74$3
47 years$790$452$247$131$67$2
48 years$765$432$232$121$61$2
49 years$741$412$218$111$55$1
50 years$718$394$205$103$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $735,000, adding $3,730 every year, while hoping to spend $28,249 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: 86/9/5 Blend
44$735,000$735,000$735,000$735,000
45$813,817$774,862$763,470$883,517
46$866,770$782,774$758,990$937,397
47$924,177$790,126$753,412$992,298
48$986,463$796,863$746,671$1,051,707
49$1,054,095$802,921$738,697$1,116,057
50$1,127,586$808,238$729,417$1,185,826
51$1,207,501$812,743$718,754$1,261,538
52$1,294,462$816,363$706,628$1,343,772
53$1,389,153$819,021$692,956$1,433,164
54$1,492,326$820,632$677,649$1,530,414
55$1,604,809$821,109$660,616$1,636,295
56$1,727,514$820,357$641,761$1,751,657
57$1,861,443$818,278$620,983$1,877,436
58$2,007,702$814,765$598,177$2,014,663
59$2,167,505$809,706$573,234$2,164,474
60$2,342,191$802,982$546,038$2,328,120
61$2,533,234$794,468$516,470$2,506,980
62$2,742,256$784,028$484,403$2,702,573
63$2,971,042$771,522$449,707$2,916,571
64$3,221,561$756,799$412,245$3,150,817
65$3,495,978$739,700$371,873$3,407,342
66$3,796,678$720,056$328,441$3,688,384
67$4,126,290$697,690$281,795$3,996,406
68$4,487,706$672,411$231,769$4,334,126
69$4,884,114$644,021$178,195$4,704,536
70$5,319,023$612,307$120,894$5,110,934
71$5,796,299$577,046$59,680$5,556,954
72$6,320,202$538,002$0$6,046,598
73$6,895,423$494,924$0$6,584,581
74$7,527,128$447,547$0$7,178,880
75$8,221,011$395,593$0$7,831,678
76$8,983,343$338,766$0$8,548,888
77$9,821,033$276,754$0$9,337,029
78$10,741,690$209,227$0$10,203,284
79$11,753,700$135,837$0$11,155,565
80$12,866,300$56,215$0$12,202,592
81$14,089,668$0$0$13,353,975
82$15,435,016$0$0$14,623,274
83$16,914,698$0$0$16,025,447
84$18,542,324$0$0$17,567,825
85$20,332,892$0$0$19,264,621
86$22,302,924$0$0$21,131,494
87$24,470,626$0$0$23,185,698
88$26,856,057$0$0$25,446,242
89$29,481,319$0$0$27,934,073
90$32,370,765$0$0$30,672,270
91$35,551,228$0$0$33,686,265
92$39,052,276$0$0$37,004,078
93$42,906,487$0$0$40,656,586
94$47,149,761$0$0$44,677,808
95$51,821,653$0$0$49,105,235
96$56,965,751$0$0$53,980,173
97$62,630,083$0$0$59,348,140
98$68,867,572$0$0$65,259,293
99$75,736,536$0$0$71,768,898
100$83,301,234$0$0$78,937,859