Can I retire at age 45 with 738,000?

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 $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%19.2%
1 years$60,943$60,400$59,871$59,354$58,849$56,671
2 years$30,170$29,608$29,064$28,536$28,023$25,854
3 years$19,914$19,349$18,806$18,283$17,779$15,686
4 years$14,786$14,224$13,686$13,172$12,680$10,679
5 years$11,711$11,152$10,621$10,117$9,639$7,736
6 years$9,661$9,106$8,583$8,091$7,627$5,823
7 years$8,198$7,647$7,133$6,652$6,203$4,498
8 years$7,100$6,555$6,049$5,580$5,146$3,538
9 years$6,248$5,707$5,210$4,753$4,334$2,820
10 years$5,566$5,031$4,542$4,097$3,693$2,271
11 years$5,008$4,479$3,999$3,566$3,176$1,843
12 years$4,544$4,020$3,549$3,128$2,752$1,505
13 years$4,151$3,633$3,171$2,761$2,400$1,235
14 years$3,815$3,302$2,849$2,451$2,104$1,018
15 years$3,524$3,016$2,572$2,186$1,852$841
16 years$3,270$2,768$2,332$1,957$1,637$697
17 years$3,045$2,549$2,122$1,759$1,451$579
18 years$2,846$2,355$1,937$1,585$1,291$481
19 years$2,668$2,183$1,773$1,432$1,150$401
20 years$2,508$2,028$1,628$1,297$1,027$334
21 years$2,364$1,889$1,497$1,177$919$279
22 years$2,232$1,764$1,380$1,070$824$233
23 years$2,113$1,649$1,274$975$740$195
24 years$2,003$1,545$1,178$889$665$163
25 years$1,903$1,450$1,091$812$598$137
26 years$1,810$1,363$1,012$742$539$114
27 years$1,724$1,283$940$679$486$96
28 years$1,645$1,209$874$623$438$80
29 years$1,571$1,140$813$571$396$67
30 years$1,502$1,077$757$524$358$56
31 years$1,438$1,018$706$481$323$47
32 years$1,378$963$659$442$293$40
33 years$1,322$912$615$407$265$33
34 years$1,269$865$575$374$240$28
35 years$1,219$820$537$344$217$23
36 years$1,172$778$503$317$197$20
37 years$1,128$739$470$292$178$16
38 years$1,086$703$441$269$162$14
39 years$1,046$668$413$248$147$12
40 years$1,009$636$387$229$133$10
41 years$973$605$363$211$121$8
42 years$940$576$340$195$109$7
43 years$907$549$319$180$99$6
44 years$877$523$300$166$90$5
45 years$848$499$281$154$82$4
46 years$820$476$264$142$74$3
47 years$793$454$248$131$67$3
48 years$768$434$233$121$61$2
49 years$744$414$219$112$56$2
50 years$721$396$206$103$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $738,000, adding $5,844 every year, while hoping to spend $40,130 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: 79/16/5 Blend
44$738,000$738,000$738,000$738,000
45$819,304$780,190$768,751$883,399
46$860,175$775,721$751,806$921,745
47$903,870$769,689$732,949$957,919
48$950,634$761,973$712,072$996,382
49$1,000,738$752,448$689,065$1,037,343
50$1,054,475$740,981$663,811$1,081,029
51$1,112,172$727,429$636,189$1,127,693
52$1,174,182$711,642$606,070$1,177,614
53$1,240,898$693,462$573,323$1,231,098
54$1,312,748$672,719$537,807$1,288,483
55$1,390,202$649,237$499,378$1,350,141
56$1,473,779$622,826$457,884$1,416,485
57$1,564,047$593,286$413,165$1,487,966
58$1,661,630$560,408$365,056$1,565,087
59$1,767,216$523,967$313,385$1,648,396
60$1,881,558$483,727$257,969$1,738,504
61$2,005,486$439,440$198,621$1,836,081
62$2,139,914$390,841$135,143$1,941,867
63$2,285,844$337,651$67,329$2,056,679
64$2,444,381$279,576$0$2,181,416
65$2,616,737$216,305$0$2,317,341
66$2,804,250$147,509$0$2,469,132
67$3,008,387$72,841$0$2,634,414
68$3,230,767$0$0$2,814,533
69$3,473,169$0$0$3,012,394
70$3,737,551$0$0$3,242,205
71$4,026,069$0$0$3,493,016
72$4,341,095$0$0$3,766,894
73$4,685,241$0$0$4,066,111
74$5,061,383$0$0$4,393,170
75$5,472,686$0$0$4,750,828
76$5,922,636$0$0$5,142,117
77$6,415,071$0$0$5,570,379
78$6,954,216$0$0$6,039,293
79$7,544,725$0$0$6,552,909
80$8,191,723$0$0$7,115,688
81$8,900,854$0$0$7,732,544
82$9,678,335$0$0$8,408,888
83$10,531,011$0$0$9,150,678
84$11,466,422$0$0$9,964,480
85$12,492,874$0$0$10,857,524
86$13,619,517$0$0$11,837,773
87$14,856,426$0$0$12,913,999
88$16,214,704$0$0$14,095,868
89$17,706,578$0$0$15,394,023
90$19,345,519$0$0$16,820,192
91$21,146,367$0$0$18,387,293
92$23,125,472$0$0$20,109,559
93$25,300,844$0$0$22,002,670
94$27,692,326$0$0$24,083,898
95$30,321,779$0$0$26,372,276
96$33,213,289$0$0$28,888,771
97$36,393,391$0$0$31,656,484
98$39,891,323$0$0$34,700,867
99$43,739,296$0$0$38,049,962
100$47,972,804$0$0$41,734,668