Can I retire at age 45 with 738,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $738,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$60,943$60,400$59,871$59,354$58,849$58,601
2 years$30,170$29,608$29,064$28,536$28,023$27,773
3 years$19,914$19,349$18,806$18,283$17,779$17,534
4 years$14,786$14,224$13,686$13,172$12,680$12,443
5 years$11,711$11,152$10,621$10,117$9,639$9,410
6 years$9,661$9,106$8,583$8,091$7,627$7,406
7 years$8,198$7,647$7,133$6,652$6,203$5,990
8 years$7,100$6,555$6,049$5,580$5,146$4,941
9 years$6,248$5,707$5,210$4,753$4,334$4,137
10 years$5,566$5,031$4,542$4,097$3,693$3,504
11 years$5,008$4,479$3,999$3,566$3,176$2,996
12 years$4,544$4,020$3,549$3,128$2,752$2,580
13 years$4,151$3,633$3,171$2,761$2,400$2,236
14 years$3,815$3,302$2,849$2,451$2,104$1,947
15 years$3,524$3,016$2,572$2,186$1,852$1,703
16 years$3,270$2,768$2,332$1,957$1,637$1,495
17 years$3,045$2,549$2,122$1,759$1,451$1,317
18 years$2,846$2,355$1,937$1,585$1,291$1,163
19 years$2,668$2,183$1,773$1,432$1,150$1,029
20 years$2,508$2,028$1,628$1,297$1,027$913
21 years$2,364$1,889$1,497$1,177$919$811
22 years$2,232$1,764$1,380$1,070$824$722
23 years$2,113$1,649$1,274$975$740$643
24 years$2,003$1,545$1,178$889$665$574
25 years$1,903$1,450$1,091$812$598$512
26 years$1,810$1,363$1,012$742$539$458
27 years$1,724$1,283$940$679$486$410
28 years$1,645$1,209$874$623$438$367
29 years$1,571$1,140$813$571$396$328
30 years$1,502$1,077$757$524$358$294
31 years$1,438$1,018$706$481$323$264
32 years$1,378$963$659$442$293$237
33 years$1,322$912$615$407$265$213
34 years$1,269$865$575$374$240$191
35 years$1,219$820$537$344$217$172
36 years$1,172$778$503$317$197$154
37 years$1,128$739$470$292$178$139
38 years$1,086$703$441$269$162$125
39 years$1,046$668$413$248$147$112
40 years$1,009$636$387$229$133$101
41 years$973$605$363$211$121$91
42 years$940$576$340$195$109$82
43 years$907$549$319$180$99$73
44 years$877$523$300$166$90$66
45 years$848$499$281$154$82$59
46 years$820$476$264$142$74$53
47 years$793$454$248$131$67$48
48 years$768$434$233$121$61$43
49 years$744$414$219$112$56$39
50 years$721$396$206$103$51$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $738,000, adding $4,272 every year, while hoping to spend $45,714 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: 32/43/25 Blend
44$738,000$738,000$738,000$738,000
45$817,683$778,569$767,130$837,470
46$852,447$768,079$744,189$842,364
47$889,225$755,543$718,948$843,252
48$928,174$740,813$691,281$843,293
49$969,466$723,731$661,057$842,440
50$1,013,288$704,130$628,138$840,652
51$1,059,845$681,835$592,383$837,882
52$1,109,362$656,657$553,641$834,088
53$1,162,084$628,401$511,755$829,227
54$1,218,280$596,856$466,562$823,256
55$1,278,245$561,802$417,892$816,137
56$1,342,300$523,005$365,566$807,831
57$1,410,800$480,217$309,398$798,304
58$1,484,132$433,178$249,193$787,525
59$1,562,721$381,611$184,748$775,465
60$1,647,033$325,225$115,852$762,103
61$1,737,579$263,710$42,282$747,425
62$1,834,922$196,741$0$731,420
63$1,939,677$123,974$0$723,753
64$2,052,521$45,046$0$727,435
65$2,174,197$0$0$731,263
66$2,305,523$0$0$754,471
67$2,447,395$0$0$802,656
68$2,600,799$0$0$854,850
69$2,766,819$0$0$911,433
70$2,946,647$0$0$972,824
71$3,141,592$0$0$1,039,481
72$3,353,094$0$0$1,111,912
73$3,582,738$0$0$1,190,672
74$3,832,266$0$0$1,276,374
75$4,103,594$0$0$1,369,691
76$4,398,832$0$0$1,471,366
77$4,720,299$0$0$1,582,213
78$5,070,548$0$0$1,703,131
79$5,452,390$0$0$1,835,108
80$5,868,916$0$0$1,979,231
81$6,323,529$0$0$2,136,699
82$6,819,977$0$0$2,308,830
83$7,362,382$0$0$2,497,074
84$7,955,287$0$0$2,703,031
85$8,603,688$0$0$2,928,461
86$9,313,091$0$0$3,175,300
87$10,089,556$0$0$3,445,683
88$10,939,755$0$0$3,741,960
89$11,871,039$0$0$4,066,719
90$12,891,499$0$0$4,422,810
91$14,010,050$0$0$4,813,374
92$15,236,506$0$0$5,241,867
93$16,581,680$0$0$5,712,098
94$18,057,480$0$0$6,228,263
95$19,677,022$0$0$6,794,983
96$21,454,754$0$0$7,417,349
97$23,406,591$0$0$8,100,969
98$25,550,065$0$0$8,852,020
99$27,904,487$0$0$9,677,307
100$30,491,131$0$0$10,584,330