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%14.8%
1 years$61,687$61,137$60,601$60,078$59,567$58,388
2 years$30,538$29,969$29,418$28,884$28,365$27,183
3 years$20,156$19,585$19,035$18,506$17,996$16,846
4 years$14,967$14,397$13,853$13,333$12,835$11,727
5 years$11,854$11,288$10,750$10,241$9,757$8,694
6 years$9,779$9,217$8,688$8,190$7,720$6,704
7 years$8,298$7,741$7,220$6,733$6,279$5,309
8 years$7,187$6,635$6,123$5,648$5,209$4,285
9 years$6,324$5,777$5,274$4,811$4,387$3,508
10 years$5,634$5,092$4,598$4,147$3,738$2,904
11 years$5,069$4,533$4,048$3,609$3,214$2,425
12 years$4,599$4,069$3,592$3,166$2,786$2,038
13 years$4,202$3,677$3,209$2,795$2,429$1,723
14 years$3,862$3,342$2,884$2,481$2,129$1,463
15 years$3,567$3,053$2,604$2,213$1,875$1,247
16 years$3,309$2,801$2,361$1,981$1,657$1,067
17 years$3,082$2,580$2,148$1,780$1,469$915
18 years$2,881$2,384$1,961$1,604$1,306$786
19 years$2,701$2,209$1,795$1,450$1,164$677
20 years$2,539$2,053$1,647$1,313$1,040$584
21 years$2,392$1,912$1,515$1,191$931$504
22 years$2,260$1,785$1,397$1,083$834$436
23 years$2,139$1,670$1,289$987$749$377
24 years$2,028$1,564$1,193$900$673$327
25 years$1,926$1,468$1,105$822$606$283
26 years$1,832$1,380$1,024$751$546$246
27 years$1,745$1,298$951$688$492$213
28 years$1,665$1,224$884$630$444$185
29 years$1,590$1,154$823$578$401$161
30 years$1,521$1,090$767$530$362$140
31 years$1,456$1,030$715$487$327$121
32 years$1,395$975$667$448$296$106
33 years$1,338$923$623$412$268$92
34 years$1,284$875$582$379$243$80
35 years$1,234$830$544$349$220$70
36 years$1,186$788$509$321$199$60
37 years$1,142$748$476$296$180$53
38 years$1,099$711$446$273$164$46
39 years$1,059$676$418$251$148$40
40 years$1,021$643$392$232$135$35
41 years$985$612$367$214$122$30
42 years$951$583$344$197$111$26
43 years$919$556$323$182$101$23
44 years$888$530$303$168$91$20
45 years$858$505$285$155$83$17
46 years$830$482$268$144$75$15
47 years$803$460$251$133$68$13
48 years$777$439$236$123$62$11
49 years$753$419$222$113$56$10
50 years$729$400$209$105$51$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $747,000, adding $6,493 every year, while hoping to spend $23,433 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: 63/7/30 Blend
44$747,000$747,000$747,000$747,000
45$829,892$790,301$778,722$875,114
46$889,608$804,093$779,877$920,403
47$954,630$817,775$780,285$966,737
48$1,025,474$831,318$779,896$1,016,859
49$1,102,709$844,689$778,659$1,071,143
50$1,186,960$857,853$776,519$1,130,005
51$1,278,915$870,774$773,417$1,193,902
52$1,379,332$883,410$769,295$1,263,339
53$1,489,046$895,719$764,088$1,338,872
54$1,608,976$907,655$757,732$1,421,115
55$1,740,131$919,170$750,156$1,510,746
56$1,883,626$930,211$741,287$1,608,511
57$2,040,686$940,722$731,051$1,715,233
58$2,212,662$950,644$719,367$1,831,821
59$2,401,040$959,912$706,153$1,959,276
60$2,607,457$968,458$691,320$2,098,703
61$2,833,717$976,212$674,778$2,251,321
62$3,081,804$983,094$656,431$2,418,472
63$3,353,906$989,024$636,179$2,601,638
64$3,652,432$993,913$613,919$2,802,453
65$3,980,035$997,670$589,540$3,022,719
66$4,339,638$1,000,195$562,929$3,264,422
67$4,734,460$1,001,384$533,966$3,529,751
68$5,168,047$1,001,124$502,526$3,821,124
69$5,644,307$999,298$468,479$4,141,202
70$6,167,542$995,779$431,689$4,492,923
71$6,742,494$990,435$392,014$4,879,524
72$7,374,385$983,123$349,303$5,304,574
73$8,068,971$973,695$303,403$5,772,010
74$8,832,590$961,990$254,151$6,286,171
75$9,672,226$947,839$201,377$6,851,841
76$10,595,575$931,065$144,905$7,474,294
77$11,611,114$911,477$84,550$8,159,346
78$12,728,183$888,876$20,118$8,913,405
79$13,957,075$863,048$0$9,743,541
80$15,309,129$833,769$0$10,673,114
81$16,796,837$800,801$0$11,703,025
82$18,433,967$763,893$0$12,836,368
83$20,235,685$722,777$0$14,083,653
84$22,218,704$677,172$0$15,456,460
85$24,401,438$626,780$0$16,967,552
86$26,804,179$571,287$0$18,630,993
87$29,449,285$510,359$0$20,462,279
88$32,361,389$443,644$0$22,478,487
89$35,567,640$370,771$0$24,698,436
90$39,097,947$291,348$0$27,142,863
91$42,985,272$204,958$0$29,834,620
92$47,265,933$111,164$0$32,798,887
93$51,979,951$9,503$0$36,063,416
94$57,171,425$0$0$39,658,787
95$62,888,948$0$0$43,626,439
96$69,186,069$0$0$47,997,180
97$76,121,794$0$0$52,811,245
98$83,761,143$0$0$58,113,771
99$92,175,766$0$0$63,954,503
100$101,444,617$0$0$70,388,253