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%15.3%
1 years$60,943$60,400$59,871$59,354$58,849$57,567
2 years$30,170$29,608$29,064$28,536$28,023$26,738
3 years$19,914$19,349$18,806$18,283$17,779$16,531
4 years$14,786$14,224$13,686$13,172$12,680$11,478
5 years$11,711$11,152$10,621$10,117$9,639$8,487
6 years$9,661$9,106$8,583$8,091$7,627$6,527
7 years$8,198$7,647$7,133$6,652$6,203$5,154
8 years$7,100$6,555$6,049$5,580$5,146$4,148
9 years$6,248$5,707$5,210$4,753$4,334$3,386
10 years$5,566$5,031$4,542$4,097$3,693$2,794
11 years$5,008$4,479$3,999$3,566$3,176$2,325
12 years$4,544$4,020$3,549$3,128$2,752$1,949
13 years$4,151$3,633$3,171$2,761$2,400$1,642
14 years$3,815$3,302$2,849$2,451$2,104$1,390
15 years$3,524$3,016$2,572$2,186$1,852$1,180
16 years$3,270$2,768$2,332$1,957$1,637$1,006
17 years$3,045$2,549$2,122$1,759$1,451$859
18 years$2,846$2,355$1,937$1,585$1,291$736
19 years$2,668$2,183$1,773$1,432$1,150$631
20 years$2,508$2,028$1,628$1,297$1,027$542
21 years$2,364$1,889$1,497$1,177$919$467
22 years$2,232$1,764$1,380$1,070$824$402
23 years$2,113$1,649$1,274$975$740$346
24 years$2,003$1,545$1,178$889$665$299
25 years$1,903$1,450$1,091$812$598$258
26 years$1,810$1,363$1,012$742$539$223
27 years$1,724$1,283$940$679$486$193
28 years$1,645$1,209$874$623$438$167
29 years$1,571$1,140$813$571$396$144
30 years$1,502$1,077$757$524$358$125
31 years$1,438$1,018$706$481$323$108
32 years$1,378$963$659$442$293$94
33 years$1,322$912$615$407$265$81
34 years$1,269$865$575$374$240$70
35 years$1,219$820$537$344$217$61
36 years$1,172$778$503$317$197$53
37 years$1,128$739$470$292$178$46
38 years$1,086$703$441$269$162$40
39 years$1,046$668$413$248$147$34
40 years$1,009$636$387$229$133$30
41 years$973$605$363$211$121$26
42 years$940$576$340$195$109$22
43 years$907$549$319$180$99$19
44 years$877$523$300$166$90$17
45 years$848$499$281$154$82$15
46 years$820$476$264$142$74$13
47 years$793$454$248$131$67$11
48 years$768$434$233$121$61$9
49 years$744$414$219$112$56$8
50 years$721$396$206$103$51$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $738,000, adding $5,117 every year, while hoping to spend $31,878 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: 31/42/27 Blend
44$738,000$738,000$738,000$738,000
45$818,554$779,440$768,001$837,024
46$868,129$783,715$759,811$855,958
47$921,692$787,130$750,279$873,166
48$979,616$789,611$739,325$891,058
49$1,042,311$791,077$726,867$909,716
50$1,110,229$791,442$712,819$929,230
51$1,183,865$790,615$697,091$949,707
52$1,263,764$788,501$679,589$971,263
53$1,350,527$784,995$660,213$994,030
54$1,444,811$779,991$638,861$1,018,158
55$1,547,343$773,372$615,424$1,043,812
56$1,658,921$765,016$589,789$1,071,182
57$1,780,423$754,793$561,839$1,100,475
58$1,912,815$742,568$531,450$1,131,929
59$2,057,161$728,192$498,493$1,165,805
60$2,214,632$711,514$462,832$1,202,399
61$2,386,515$692,369$424,328$1,242,040
62$2,574,229$670,584$382,833$1,285,094
63$2,779,335$645,978$338,192$1,331,972
64$3,003,552$618,355$290,246$1,383,130
65$3,248,771$587,512$238,826$1,439,079
66$3,517,077$553,231$183,758$1,500,386
67$3,810,764$515,284$124,859$1,567,682
68$4,132,357$473,428$61,937$1,641,672
69$4,484,639$427,408$0$1,723,136
70$4,870,673$376,952$0$1,814,446
71$5,293,834$321,775$0$1,934,206
72$5,757,837$261,574$0$2,065,691
73$6,266,776$196,030$0$2,210,156
74$6,825,158$124,806$0$2,368,993
75$7,437,948$47,547$0$2,543,741
76$8,110,618$0$0$2,736,102
77$8,849,190$0$0$2,964,655
78$9,660,302$0$0$3,239,907
79$10,551,266$0$0$3,542,381
80$11,530,134$0$0$3,874,824
81$12,605,780$0$0$4,240,267
82$13,787,979$0$0$4,642,047
83$15,087,499$0$0$5,083,841
84$16,516,204$0$0$5,569,699
85$18,087,164$0$0$6,104,085
86$19,814,782$0$0$6,691,915
87$21,714,922$0$0$7,338,609
88$23,805,067$0$0$8,050,136
89$26,104,475$0$0$8,833,072
90$28,634,369$0$0$9,694,665
91$31,418,130$0$0$10,642,900
92$34,481,521$0$0$11,686,576
93$37,852,928$0$0$12,835,386
94$41,563,629$0$0$14,100,014
95$45,648,087$0$0$15,492,229
96$50,144,276$0$0$17,025,002
97$55,094,039$0$0$18,712,624
98$60,543,482$0$0$20,570,842
99$66,543,409$0$0$22,617,008
100$73,149,799$0$0$24,870,243