Can I retire at age 45 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$60,778$60,237$59,709$59,193$58,690$56,788
2 years$30,088$29,528$28,985$28,458$27,947$26,050
3 years$19,860$19,297$18,755$18,233$17,731$15,896
4 years$14,746$14,185$13,649$13,136$12,646$10,889
5 years$11,679$11,121$10,592$10,090$9,613$7,938
6 years$9,635$9,081$8,560$8,069$7,607$6,014
7 years$8,175$7,627$7,113$6,634$6,186$4,677
8 years$7,081$6,537$6,033$5,565$5,132$3,705
9 years$6,231$5,692$5,196$4,740$4,322$2,975
10 years$5,551$5,017$4,530$4,086$3,683$2,414
11 years$4,995$4,467$3,988$3,556$3,167$1,975
12 years$4,532$4,009$3,539$3,119$2,745$1,626
13 years$4,140$3,623$3,162$2,754$2,393$1,345
14 years$3,805$3,293$2,841$2,444$2,098$1,117
15 years$3,515$3,008$2,565$2,180$1,847$931
16 years$3,261$2,760$2,326$1,952$1,633$779
17 years$3,037$2,542$2,116$1,754$1,448$652
18 years$2,838$2,349$1,932$1,581$1,287$547
19 years$2,661$2,177$1,769$1,428$1,147$460
20 years$2,501$2,023$1,623$1,293$1,025$387
21 years$2,357$1,884$1,493$1,174$917$326
22 years$2,226$1,759$1,376$1,067$822$275
23 years$2,107$1,645$1,271$972$738$232
24 years$1,998$1,541$1,175$887$663$196
25 years$1,898$1,446$1,088$810$597$166
26 years$1,805$1,359$1,009$740$538$140
27 years$1,720$1,279$937$678$485$119
28 years$1,640$1,206$871$621$437$100
29 years$1,567$1,137$811$569$395$85
30 years$1,498$1,074$755$523$357$72
31 years$1,434$1,015$704$480$323$61
32 years$1,374$961$657$441$292$51
33 years$1,318$910$613$406$264$44
34 years$1,265$862$573$373$239$37
35 years$1,216$818$536$344$217$31
36 years$1,169$776$501$316$196$26
37 years$1,125$737$469$291$178$22
38 years$1,083$701$439$269$161$19
39 years$1,044$666$412$248$146$16
40 years$1,006$634$386$228$133$14
41 years$971$603$362$211$120$12
42 years$937$575$339$195$109$10
43 years$905$548$318$180$99$8
44 years$874$522$299$166$90$7
45 years$845$498$281$153$82$6
46 years$818$475$264$141$74$5
47 years$791$453$248$131$67$4
48 years$766$433$233$121$61$4
49 years$742$413$219$112$56$3
50 years$719$395$206$103$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $736,000, adding $5,558 every year, while hoping to spend $37,201 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: 62/10/28 Blend
44$736,000$736,000$736,000$736,000
45$816,805$777,797$766,389$860,998
46$860,538$776,328$752,482$890,212
47$907,484$773,539$736,861$917,572
48$957,933$769,328$719,432$946,654
49$1,012,201$763,584$700,091$977,636
50$1,070,636$756,190$678,735$1,010,712
51$1,133,620$747,023$655,252$1,046,097
52$1,201,572$735,950$629,526$1,084,031
53$1,274,954$722,833$601,436$1,124,780
54$1,354,271$707,523$570,856$1,168,638
55$1,440,081$689,866$537,654$1,215,931
56$1,532,995$669,696$501,691$1,267,018
57$1,633,686$646,836$462,824$1,322,301
58$1,742,894$621,103$420,900$1,382,221
59$1,861,433$592,300$375,763$1,447,268
60$1,990,196$560,220$327,249$1,517,984
61$2,130,168$524,643$275,184$1,594,970
62$2,282,432$485,338$219,389$1,678,887
63$2,448,179$442,058$159,678$1,770,472
64$2,628,720$394,546$95,854$1,870,535
65$2,825,497$342,526$27,712$1,979,974
66$3,040,098$285,710$0$2,099,782
67$3,274,269$223,791$0$2,244,503
68$3,529,935$156,447$0$2,411,613
69$3,809,212$83,336$0$2,594,234
70$4,114,430$4,099$0$2,793,921
71$4,448,156$0$0$3,012,385
72$4,813,215$0$0$3,260,500
73$5,212,718$0$0$3,532,571
74$5,650,089$0$0$3,830,488
75$6,129,101$0$0$4,156,827
76$6,653,907$0$0$4,514,425
77$7,229,082$0$0$4,906,406
78$7,859,664$0$0$5,336,212
79$8,551,201$0$0$5,807,632
80$9,309,806$0$0$6,324,842
81$10,142,209$0$0$6,892,440
82$11,055,826$0$0$7,515,490
83$12,058,823$0$0$8,199,572
84$13,160,199$0$0$8,950,831
85$14,369,863$0$0$9,776,039
86$15,698,733$0$0$10,682,652
87$17,158,838$0$0$11,678,888
88$18,763,426$0$0$12,773,799
89$20,527,095$0$0$13,977,355
90$22,465,928$0$0$15,300,544
91$24,597,640$0$0$16,755,470
92$26,941,754$0$0$18,355,467
93$29,519,775$0$0$20,115,229
94$32,355,397$0$0$22,050,943
95$35,474,728$0$0$24,180,445
96$38,906,532$0$0$26,523,385
97$42,682,501$0$0$29,101,417
98$46,837,555$0$0$31,938,395
99$51,410,171$0$0$35,060,608
100$56,442,741$0$0$38,497,017