Can I retire at age 45 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$61,026$60,482$59,952$59,434$58,929$57,929
2 years$30,211$29,648$29,103$28,574$28,061$27,057
3 years$19,941$19,375$18,832$18,308$17,803$16,826
4 years$14,806$14,243$13,705$13,190$12,697$11,754
5 years$11,727$11,167$10,635$10,131$9,652$8,746
6 years$9,674$9,118$8,595$8,102$7,638$6,770
7 years$8,209$7,658$7,142$6,661$6,211$5,382
8 years$7,110$6,564$6,057$5,588$5,153$4,362
9 years$6,256$5,715$5,217$4,759$4,340$3,586
10 years$5,573$5,038$4,548$4,103$3,698$2,981
11 years$5,015$4,485$4,004$3,571$3,180$2,500
12 years$4,550$4,025$3,554$3,132$2,756$2,111
13 years$4,157$3,638$3,175$2,765$2,403$1,793
14 years$3,820$3,307$2,853$2,454$2,106$1,530
15 years$3,529$3,021$2,576$2,189$1,855$1,311
16 years$3,274$2,771$2,335$1,960$1,639$1,126
17 years$3,049$2,552$2,125$1,761$1,453$971
18 years$2,850$2,358$1,940$1,587$1,292$838
19 years$2,672$2,186$1,776$1,434$1,152$726
20 years$2,512$2,031$1,630$1,299$1,029$629
21 years$2,367$1,892$1,499$1,179$921$546
22 years$2,235$1,766$1,382$1,072$825$475
23 years$2,116$1,652$1,276$976$741$413
24 years$2,006$1,548$1,180$890$666$360
25 years$1,905$1,452$1,093$813$599$314
26 years$1,812$1,365$1,013$743$540$274
27 years$1,727$1,285$941$680$487$239
28 years$1,647$1,210$875$623$439$208
29 years$1,573$1,142$814$572$396$182
30 years$1,504$1,078$758$525$358$159
31 years$1,440$1,019$707$482$324$139
32 years$1,380$965$660$443$293$122
33 years$1,323$913$616$407$265$106
34 years$1,270$866$575$375$240$93
35 years$1,221$821$538$345$217$82
36 years$1,174$779$503$318$197$71
37 years$1,129$740$471$293$179$62
38 years$1,088$704$441$270$162$55
39 years$1,048$669$413$249$147$48
40 years$1,010$636$387$229$133$42
41 years$975$606$363$212$121$37
42 years$941$577$341$195$110$32
43 years$909$550$320$180$99$28
44 years$878$524$300$167$90$25
45 years$849$500$282$154$82$22
46 years$821$477$265$142$74$19
47 years$794$455$249$131$68$17
48 years$769$434$234$121$61$15
49 years$745$415$220$112$56$13
50 years$722$396$206$104$51$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $739,000, adding $5,629 every year, while hoping to spend $51,622 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: 40/43/17 Blend
44$739,000$739,000$739,000$739,000
45$820,184$781,017$769,563$848,647
46$848,918$764,362$740,418$852,782
47$878,852$745,160$708,566$851,837
48$910,054$723,233$673,863$849,723
49$942,599$698,390$636,156$846,363
50$976,564$670,431$595,288$841,671
51$1,012,035$639,144$551,091$835,561
52$1,049,104$604,303$503,394$827,941
53$1,087,869$565,671$452,014$818,717
54$1,128,439$522,996$396,764$807,789
55$1,170,930$476,013$337,446$795,054
56$1,215,468$424,440$273,853$780,405
57$1,262,189$367,981$205,771$763,731
58$1,311,242$306,322$132,974$744,915
59$1,362,789$239,132$55,228$723,839
60$1,417,003$166,059$0$700,380
61$1,474,077$86,736$0$679,440
62$1,534,218$770$0$666,876
63$1,597,651$0$0$652,571
64$1,664,623$0$0$680,089
65$1,735,402$0$0$709,597
66$1,810,282$0$0$740,860
67$1,889,582$0$0$774,017
68$1,973,653$0$0$809,220
69$2,062,876$0$0$846,635
70$2,157,669$0$0$886,445
71$2,258,488$0$0$928,850
72$2,365,835$0$0$974,068
73$2,480,256$0$0$1,022,337
74$2,602,350$0$0$1,073,921
75$2,732,775$0$0$1,129,107
76$2,872,250$0$0$1,188,210
77$3,021,565$0$0$1,251,574
78$3,181,585$0$0$1,319,581
79$3,353,260$0$0$1,392,645
80$3,537,630$0$0$1,471,223
81$3,735,840$0$0$1,555,816
82$3,949,144$0$0$1,646,976
83$4,178,922$0$0$1,745,307
84$4,426,686$0$0$1,851,474
85$4,694,099$0$0$1,966,206
86$4,982,990$0$0$2,090,306
87$5,295,365$0$0$2,224,655
88$5,633,432$0$0$2,370,225
89$5,999,617$0$0$2,528,080
90$6,396,587$0$0$2,699,393
91$6,827,276$0$0$2,885,454
92$7,294,910$0$0$3,087,680
93$7,803,037$0$0$3,307,633
94$8,355,560$0$0$3,547,029
95$8,956,774$0$0$3,807,757
96$9,611,404$0$0$4,091,896
97$10,324,648$0$0$4,401,732
98$11,102,230$0$0$4,739,785
99$11,950,445$0$0$5,108,825
100$12,876,226$0$0$5,511,903