Can I retire at age 45 with 747,000?

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 $747,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$61,687$61,137$60,601$60,078$59,567$57,637
2 years$30,538$29,969$29,418$28,884$28,365$26,439
3 years$20,156$19,585$19,035$18,506$17,996$16,134
4 years$14,967$14,397$13,853$13,333$12,835$11,051
5 years$11,854$11,288$10,750$10,241$9,757$8,056
6 years$9,779$9,217$8,688$8,190$7,720$6,104
7 years$8,298$7,741$7,220$6,733$6,279$4,747
8 years$7,187$6,635$6,123$5,648$5,209$3,760
9 years$6,324$5,777$5,274$4,811$4,387$3,020
10 years$5,634$5,092$4,598$4,147$3,738$2,450
11 years$5,069$4,533$4,048$3,609$3,214$2,004
12 years$4,599$4,069$3,592$3,166$2,786$1,650
13 years$4,202$3,677$3,209$2,795$2,429$1,365
14 years$3,862$3,342$2,884$2,481$2,129$1,134
15 years$3,567$3,053$2,604$2,213$1,875$945
16 years$3,309$2,801$2,361$1,981$1,657$790
17 years$3,082$2,580$2,148$1,780$1,469$662
18 years$2,881$2,384$1,961$1,604$1,306$556
19 years$2,701$2,209$1,795$1,450$1,164$467
20 years$2,539$2,053$1,647$1,313$1,040$393
21 years$2,392$1,912$1,515$1,191$931$331
22 years$2,260$1,785$1,397$1,083$834$279
23 years$2,139$1,670$1,289$987$749$236
24 years$2,028$1,564$1,193$900$673$199
25 years$1,926$1,468$1,105$822$606$168
26 years$1,832$1,380$1,024$751$546$142
27 years$1,745$1,298$951$688$492$120
28 years$1,665$1,224$884$630$444$102
29 years$1,590$1,154$823$578$401$86
30 years$1,521$1,090$767$530$362$73
31 years$1,456$1,030$715$487$327$62
32 years$1,395$975$667$448$296$52
33 years$1,338$923$623$412$268$44
34 years$1,284$875$582$379$243$37
35 years$1,234$830$544$349$220$32
36 years$1,186$788$509$321$199$27
37 years$1,142$748$476$296$180$23
38 years$1,099$711$446$273$164$19
39 years$1,059$676$418$251$148$16
40 years$1,021$643$392$232$135$14
41 years$985$612$367$214$122$12
42 years$951$583$344$197$111$10
43 years$919$556$323$182$101$8
44 years$888$530$303$168$91$7
45 years$858$505$285$155$83$6
46 years$830$482$268$144$75$5
47 years$803$460$251$133$68$4
48 years$777$439$236$123$62$4
49 years$753$419$222$113$56$3
50 years$729$400$209$105$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $747,000, adding $6,600 every year, while hoping to spend $50,640 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: 69/23/8 Blend
44$747,000$747,000$747,000$747,000
45$830,002$790,411$778,832$885,639
46$860,782$775,260$751,043$908,208
47$893,003$757,670$720,625$926,093
48$926,761$737,468$687,437$944,291
49$962,157$714,469$651,332$962,824
50$999,299$688,481$612,155$981,714
51$1,038,310$659,298$569,743$1,000,991
52$1,079,317$626,704$523,929$1,020,687
53$1,122,462$590,467$474,536$1,040,840
54$1,167,900$550,347$421,380$1,061,493
55$1,215,797$506,085$364,267$1,082,695
56$1,266,336$457,411$302,997$1,104,503
57$1,319,715$404,037$237,361$1,126,983
58$1,376,152$345,660$167,139$1,150,207
59$1,435,883$281,961$92,101$1,174,260
60$1,499,166$212,601$12,010$1,199,237
61$1,566,284$137,221$0$1,225,247
62$1,637,546$55,446$0$1,258,681
63$1,713,289$0$0$1,294,909
64$1,793,882$0$0$1,341,468
65$1,879,729$0$0$1,406,034
66$1,971,273$0$0$1,474,909
67$2,068,999$0$0$1,548,462
68$2,173,437$0$0$1,627,095
69$2,285,170$0$0$1,711,250
70$2,404,836$0$0$1,801,411
71$2,533,136$0$0$1,898,112
72$2,670,836$0$0$2,001,934
73$2,818,781$0$0$2,113,517
74$2,977,895$0$0$2,233,564
75$3,149,194$0$0$2,362,848
76$3,333,794$0$0$2,502,214
77$3,532,919$0$0$2,652,593
78$3,747,916$0$0$2,815,009
79$3,980,263$0$0$2,990,584
80$4,231,587$0$0$3,180,554
81$4,503,674$0$0$3,386,276
82$4,798,489$0$0$3,609,243
83$5,118,191$0$0$3,851,096
84$5,465,156$0$0$4,113,640
85$5,841,996$0$0$4,398,860
86$6,251,585$0$0$4,708,940
87$6,697,083$0$0$5,046,282
88$7,181,969$0$0$5,413,529
89$7,710,069$0$0$5,813,590
90$8,285,595$0$0$6,249,665
91$8,913,182$0$0$6,725,277
92$9,597,929$0$0$7,244,304
93$10,345,453$0$0$7,811,012
94$11,161,932$0$0$8,430,099
95$12,054,172$0$0$9,106,738
96$13,029,662$0$0$9,846,623
97$14,096,651$0$0$10,656,022
98$15,264,218$0$0$11,541,839
99$16,542,362$0$0$12,511,674
100$17,942,095$0$0$13,573,899