Can I retire at age 45 with 737,000?

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 $737,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$60,861$60,319$59,790$59,274$58,769$58,253
2 years$30,129$29,568$29,024$28,497$27,985$27,465
3 years$19,887$19,323$18,781$18,258$17,755$17,247
4 years$14,766$14,204$13,667$13,154$12,663$12,171
5 years$11,695$11,136$10,606$10,104$9,626$9,151
6 years$9,648$9,094$8,572$8,080$7,617$7,160
7 years$8,187$7,637$7,123$6,643$6,195$5,756
8 years$7,091$6,546$6,041$5,573$5,139$4,719
9 years$6,239$5,700$5,203$4,747$4,328$3,926
10 years$5,558$5,024$4,536$4,092$3,688$3,303
11 years$5,001$4,473$3,994$3,561$3,171$2,805
12 years$4,538$4,014$3,544$3,123$2,748$2,399
13 years$4,146$3,628$3,166$2,758$2,397$2,064
14 years$3,810$3,298$2,845$2,448$2,101$1,785
15 years$3,519$3,012$2,569$2,183$1,850$1,550
16 years$3,265$2,764$2,329$1,955$1,635$1,351
17 years$3,041$2,545$2,119$1,756$1,449$1,180
18 years$2,842$2,352$1,935$1,583$1,289$1,034
19 years$2,665$2,180$1,771$1,430$1,149$908
20 years$2,505$2,026$1,625$1,295$1,026$799
21 years$2,360$1,887$1,495$1,176$918$704
22 years$2,229$1,761$1,378$1,069$823$622
23 years$2,110$1,647$1,272$973$739$549
24 years$2,001$1,543$1,177$888$664$486
25 years$1,900$1,448$1,090$811$598$430
26 years$1,808$1,361$1,011$741$538$381
27 years$1,722$1,281$939$679$485$338
28 years$1,643$1,207$872$622$438$300
29 years$1,569$1,139$812$570$395$266
30 years$1,500$1,075$756$523$357$237
31 years$1,436$1,017$705$481$323$210
32 years$1,376$962$658$442$292$187
33 years$1,320$911$614$406$264$166
34 years$1,267$863$574$374$239$148
35 years$1,217$819$537$344$217$132
36 years$1,171$777$502$317$196$117
37 years$1,126$738$470$292$178$104
38 years$1,085$702$440$269$161$93
39 years$1,045$667$412$248$146$83
40 years$1,008$635$386$229$133$74
41 years$972$604$362$211$120$66
42 years$938$575$340$195$109$59
43 years$906$548$319$180$99$52
44 years$876$523$299$166$90$47
45 years$847$498$281$153$82$42
46 years$819$475$264$142$74$37
47 years$792$454$248$131$67$33
48 years$767$433$233$121$61$29
49 years$743$414$219$112$56$26
50 years$720$395$206$103$50$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $737,000, adding $6,097 every year, while hoping to spend $59,548 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: 57/26/17 Blend
44$737,000$737,000$737,000$737,000
45$818,463$779,402$767,979$861,132
46$838,588$754,234$730,347$865,630
47$858,769$725,837$689,459$863,531
48$878,951$693,990$645,143$859,894
49$899,067$658,459$597,219$854,581
50$919,045$618,997$545,499$847,448
51$938,801$575,341$489,787$838,336
52$958,242$527,216$429,878$827,074
53$977,261$474,328$365,558$813,480
54$995,742$416,370$296,603$797,355
55$1,013,549$353,014$222,781$778,487
56$1,030,534$283,914$143,847$756,643
57$1,046,530$208,708$59,548$731,577
58$1,061,350$127,009$0$703,018
59$1,074,787$38,411$0$676,194
60$1,086,607$0$0$657,160
61$1,096,552$0$0$651,271
62$1,104,333$0$0$654,977
63$1,109,630$0$0$657,085
64$1,112,085$0$0$657,371
65$1,111,304$0$0$655,582
66$1,106,844$0$0$651,444
67$1,098,219$0$0$644,646
68$1,084,886$0$0$634,847
69$1,066,245$0$0$621,670
70$1,041,629$0$0$604,693
71$1,010,301$0$0$583,452
72$971,444$0$0$557,433
73$924,154$0$0$526,066
74$867,429$0$0$488,720
75$800,162$0$0$444,699
76$721,128$0$0$393,230
77$628,972$0$0$333,461
78$522,196$0$0$264,450
79$399,144$0$0$185,154
80$257,988$0$0$94,423
81$96,704$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
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