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%14.2%
1 years$61,026$60,482$59,952$59,434$58,929$57,905
2 years$30,211$29,648$29,103$28,574$28,061$27,033
3 years$19,941$19,375$18,832$18,308$17,803$16,803
4 years$14,806$14,243$13,705$13,190$12,697$11,732
5 years$11,727$11,167$10,635$10,131$9,652$8,725
6 years$9,674$9,118$8,595$8,102$7,638$6,750
7 years$8,209$7,658$7,142$6,661$6,211$5,363
8 years$7,110$6,564$6,057$5,588$5,153$4,344
9 years$6,256$5,715$5,217$4,759$4,340$3,569
10 years$5,573$5,038$4,548$4,103$3,698$2,965
11 years$5,015$4,485$4,004$3,571$3,180$2,485
12 years$4,550$4,025$3,554$3,132$2,756$2,097
13 years$4,157$3,638$3,175$2,765$2,403$1,780
14 years$3,820$3,307$2,853$2,454$2,106$1,518
15 years$3,529$3,021$2,576$2,189$1,855$1,299
16 years$3,274$2,771$2,335$1,960$1,639$1,116
17 years$3,049$2,552$2,125$1,761$1,453$961
18 years$2,850$2,358$1,940$1,587$1,292$829
19 years$2,672$2,186$1,776$1,434$1,152$717
20 years$2,512$2,031$1,630$1,299$1,029$621
21 years$2,367$1,892$1,499$1,179$921$539
22 years$2,235$1,766$1,382$1,072$825$468
23 years$2,116$1,652$1,276$976$741$407
24 years$2,006$1,548$1,180$890$666$354
25 years$1,905$1,452$1,093$813$599$309
26 years$1,812$1,365$1,013$743$540$269
27 years$1,727$1,285$941$680$487$235
28 years$1,647$1,210$875$623$439$205
29 years$1,573$1,142$814$572$396$179
30 years$1,504$1,078$758$525$358$156
31 years$1,440$1,019$707$482$324$136
32 years$1,380$965$660$443$293$119
33 years$1,323$913$616$407$265$104
34 years$1,270$866$575$375$240$91
35 years$1,221$821$538$345$217$80
36 years$1,174$779$503$318$197$70
37 years$1,129$740$471$293$179$61
38 years$1,088$704$441$270$162$53
39 years$1,048$669$413$249$147$47
40 years$1,010$636$387$229$133$41
41 years$975$606$363$212$121$36
42 years$941$577$341$195$110$31
43 years$909$550$320$180$99$27
44 years$878$524$300$167$90$24
45 years$849$500$282$154$82$21
46 years$821$477$265$142$74$18
47 years$794$455$249$131$68$16
48 years$769$434$234$121$61$14
49 years$745$415$220$112$56$12
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 $2,665 every year, while hoping to spend $50,376 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: 54/26/20 Blend
44$739,000$739,000$739,000$739,000
45$817,127$777,960$766,505$856,669
46$846,874$762,480$738,584$868,576
47$877,967$744,554$708,038$876,002
48$910,490$724,007$674,728$882,996
49$944,534$700,658$638,505$889,534
50$980,198$674,311$599,216$895,587
51$1,017,587$644,761$556,699$901,132
52$1,056,819$611,793$510,787$906,143
53$1,098,019$575,175$461,302$910,596
54$1,141,323$534,665$408,062$914,469
55$1,186,881$490,006$350,875$917,739
56$1,234,853$440,927$289,540$920,389
57$1,285,417$387,140$223,848$922,402
58$1,338,763$328,344$153,580$923,764
59$1,395,100$264,216$78,509$924,464
60$1,454,657$194,420$0$924,498
61$1,517,683$118,597$0$924,208
62$1,584,449$36,370$0$941,157
63$1,655,251$0$0$958,642
64$1,730,415$0$0$991,806
65$1,810,295$0$0$1,038,146
66$1,895,280$0$0$1,087,486
67$1,985,793$0$0$1,140,078
68$2,082,300$0$0$1,196,196
69$2,185,310$0$0$1,256,143
70$2,295,382$0$0$1,320,249
71$2,413,127$0$0$1,388,878
72$2,539,216$0$0$1,462,426
73$2,674,385$0$0$1,541,331
74$2,819,439$0$0$1,626,071
75$2,975,266$0$0$1,717,171
76$3,142,838$0$0$1,815,209
77$3,323,220$0$0$1,920,817
78$3,517,585$0$0$2,034,692
79$3,727,221$0$0$2,157,597
80$3,953,541$0$0$2,290,373
81$4,198,099$0$0$2,433,943
82$4,462,603$0$0$2,589,319
83$4,748,929$0$0$2,757,618
84$5,059,142$0$0$2,940,066
85$5,395,510$0$0$3,138,010
86$5,760,528$0$0$3,352,934
87$6,156,941$0$0$3,586,467
88$6,587,765$0$0$3,840,404
89$7,056,323$0$0$4,116,718
90$7,566,266$0$0$4,417,581
91$8,121,615$0$0$4,745,382
92$8,726,793$0$0$5,102,751
93$9,386,667$0$0$5,492,582
94$10,106,596$0$0$5,918,060
95$10,892,475$0$0$6,382,691
96$11,750,797$0$0$6,890,336
97$12,688,707$0$0$7,445,245
98$13,714,072$0$0$8,052,094
99$14,835,556$0$0$8,716,037
100$16,062,694$0$0$9,442,745