Can I retire at age 45 with 739,000?

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 $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%19%
1 years$61,026$60,482$59,952$59,434$58,929$56,793
2 years$30,211$29,648$29,103$28,574$28,061$25,933
3 years$19,941$19,375$18,832$18,308$17,803$15,749
4 years$14,806$14,243$13,705$13,190$12,697$10,733
5 years$11,727$11,167$10,635$10,131$9,652$7,783
6 years$9,674$9,118$8,595$8,102$7,638$5,865
7 years$8,209$7,658$7,142$6,661$6,211$4,535
8 years$7,110$6,564$6,057$5,588$5,153$3,571
9 years$6,256$5,715$5,217$4,759$4,340$2,851
10 years$5,573$5,038$4,548$4,103$3,698$2,298
11 years$5,015$4,485$4,004$3,571$3,180$1,868
12 years$4,550$4,025$3,554$3,132$2,756$1,528
13 years$4,157$3,638$3,175$2,765$2,403$1,255
14 years$3,820$3,307$2,853$2,454$2,106$1,036
15 years$3,529$3,021$2,576$2,189$1,855$857
16 years$3,274$2,771$2,335$1,960$1,639$711
17 years$3,049$2,552$2,125$1,761$1,453$591
18 years$2,850$2,358$1,940$1,587$1,292$493
19 years$2,672$2,186$1,776$1,434$1,152$411
20 years$2,512$2,031$1,630$1,299$1,029$343
21 years$2,367$1,892$1,499$1,179$921$287
22 years$2,235$1,766$1,382$1,072$825$240
23 years$2,116$1,652$1,276$976$741$201
24 years$2,006$1,548$1,180$890$666$169
25 years$1,905$1,452$1,093$813$599$141
26 years$1,812$1,365$1,013$743$540$118
27 years$1,727$1,285$941$680$487$99
28 years$1,647$1,210$875$623$439$83
29 years$1,573$1,142$814$572$396$70
30 years$1,504$1,078$758$525$358$59
31 years$1,440$1,019$707$482$324$49
32 years$1,380$965$660$443$293$41
33 years$1,323$913$616$407$265$35
34 years$1,270$866$575$375$240$29
35 years$1,221$821$538$345$217$25
36 years$1,174$779$503$318$197$21
37 years$1,129$740$471$293$179$17
38 years$1,088$704$441$270$162$15
39 years$1,048$669$413$249$147$12
40 years$1,010$636$387$229$133$10
41 years$975$606$363$212$121$9
42 years$941$577$341$195$110$7
43 years$909$550$320$180$99$6
44 years$878$524$300$167$90$5
45 years$849$500$282$154$82$4
46 years$821$477$265$142$74$4
47 years$794$455$249$131$68$3
48 years$769$434$234$121$61$3
49 years$745$415$220$112$56$2
50 years$722$396$206$104$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $739,000, adding $6,756 every year, while hoping to spend $24,886 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: 74/10/16 Blend
44$739,000$739,000$739,000$739,000
45$821,347$782,180$770,725$878,692
46$878,646$794,028$770,066$929,420
47$940,955$805,623$768,551$981,269
48$1,008,759$816,925$766,124$1,037,420
49$1,082,593$827,894$762,729$1,098,295
50$1,163,041$838,486$758,305$1,164,357
51$1,250,751$848,651$752,788$1,236,118
52$1,346,434$858,341$746,112$1,314,142
53$1,450,872$867,501$738,208$1,399,049
54$1,564,926$876,074$729,003$1,491,523
55$1,689,544$883,998$718,421$1,592,320
56$1,825,771$891,207$706,382$1,702,270
57$1,974,756$897,632$692,802$1,822,290
58$2,137,764$903,199$677,593$1,953,390
59$2,316,188$907,829$660,665$2,096,682
60$2,511,564$911,437$641,922$2,253,393
61$2,725,581$913,934$621,264$2,424,875
62$2,960,099$915,226$598,585$2,612,619
63$3,217,168$915,211$573,776$2,818,267
64$3,499,044$913,782$546,723$3,043,630
65$3,808,215$910,825$517,307$3,290,703
66$4,147,417$906,220$485,401$3,561,686
67$4,519,668$899,838$450,876$3,859,003
68$4,928,288$891,544$413,594$4,185,326
69$5,376,936$881,193$373,413$4,543,602
70$5,869,646$868,633$330,184$4,937,076
71$6,410,855$853,702$283,750$5,369,328
72$7,005,457$836,228$233,951$5,844,301
73$7,658,840$816,030$180,615$6,366,344
74$8,376,942$792,915$123,565$6,940,248
75$9,166,302$766,680$62,616$7,571,295
76$10,034,126$737,109$0$8,265,307
77$10,988,354$703,974$0$9,029,116
78$12,037,731$667,034$0$9,880,813
79$13,191,895$626,034$0$10,817,530
80$14,461,462$580,704$0$11,847,897
81$15,858,131$530,758$0$12,981,423
82$17,394,791$475,896$0$14,228,587
83$19,085,642$415,797$0$15,600,935
84$20,946,333$350,127$0$17,111,193
85$22,994,104$278,528$0$18,773,383
86$25,247,951$200,625$0$20,602,956
87$27,728,808$116,020$0$22,616,940
88$30,459,737$24,296$0$24,834,099
89$33,466,152$0$0$27,275,111
90$36,776,056$0$0$29,971,014
91$40,420,306$0$0$32,942,225
92$44,432,902$0$0$36,213,795
93$48,851,309$0$0$39,816,277
94$53,716,811$0$0$43,783,335
95$59,074,898$0$0$48,152,065
96$64,975,697$0$0$52,963,346
97$71,474,445$0$0$58,262,219
98$78,632,009$0$0$64,098,321
99$86,515,461$0$0$70,526,346
100$95,198,709$0$0$77,606,565