Can I retire at age 45 with 749,000?

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 $749,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$61,852$61,301$60,763$60,239$59,726$57,379
2 years$30,620$30,049$29,497$28,961$28,441$26,105
3 years$20,210$19,638$19,086$18,556$18,044$15,793
4 years$15,007$14,436$13,890$13,368$12,869$10,720
5 years$11,885$11,318$10,779$10,268$9,783$7,741
6 years$9,805$9,242$8,711$8,211$7,741$5,808
7 years$8,320$7,761$7,239$6,751$6,295$4,470
8 years$7,206$6,653$6,139$5,663$5,223$3,503
9 years$6,341$5,792$5,288$4,824$4,398$2,783
10 years$5,649$5,106$4,610$4,158$3,748$2,232
11 years$5,083$4,545$4,059$3,619$3,223$1,805
12 years$4,612$4,080$3,602$3,174$2,793$1,468
13 years$4,213$3,687$3,218$2,802$2,436$1,200
14 years$3,872$3,351$2,891$2,488$2,135$984
15 years$3,577$3,061$2,611$2,219$1,880$810
16 years$3,318$2,809$2,367$1,986$1,661$668
17 years$3,091$2,587$2,154$1,785$1,473$552
18 years$2,889$2,390$1,966$1,608$1,310$457
19 years$2,708$2,215$1,800$1,453$1,167$379
20 years$2,546$2,059$1,652$1,316$1,043$315
21 years$2,399$1,917$1,519$1,195$933$262
22 years$2,266$1,790$1,400$1,086$836$218
23 years$2,144$1,674$1,293$989$751$181
24 years$2,033$1,568$1,196$902$675$151
25 years$1,931$1,472$1,108$824$607$126
26 years$1,837$1,383$1,027$753$547$105
27 years$1,750$1,302$954$690$493$87
28 years$1,669$1,227$887$632$445$73
29 years$1,594$1,157$825$579$402$61
30 years$1,525$1,093$769$532$363$51
31 years$1,459$1,033$717$488$328$42
32 years$1,399$978$669$449$297$35
33 years$1,341$926$624$413$269$29
34 years$1,288$878$583$380$243$24
35 years$1,237$832$545$350$220$20
36 years$1,190$790$510$322$200$17
37 years$1,145$750$477$297$181$14
38 years$1,102$713$447$273$164$12
39 years$1,062$678$419$252$149$10
40 years$1,024$645$393$233$135$8
41 years$988$614$368$215$122$7
42 years$954$585$345$198$111$6
43 years$921$557$324$183$101$5
44 years$890$531$304$169$92$4
45 years$860$506$286$156$83$3
46 years$832$483$268$144$75$3
47 years$805$461$252$133$68$2
48 years$779$440$237$123$62$2
49 years$755$420$223$114$56$2
50 years$731$402$209$105$51$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $749,000, adding $5,452 every year, while hoping to spend $44,013 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: 64/13/23 Blend
44$749,000$749,000$749,000$749,000
45$831,022$791,325$779,715$878,912
46$868,956$783,270$759,006$903,808
47$909,285$773,346$736,128$925,577
48$952,206$761,414$710,962$948,359
49$997,936$747,327$683,384$972,259
50$1,046,710$730,931$653,263$997,392
51$1,098,790$712,062$620,462$1,023,885
52$1,154,459$690,546$584,840$1,051,883
53$1,214,030$666,199$546,248$1,081,544
54$1,277,844$638,826$504,531$1,113,047
55$1,346,277$608,221$459,525$1,146,590
56$1,419,740$574,166$411,062$1,182,392
57$1,498,685$536,431$358,964$1,220,700
58$1,583,606$494,773$303,045$1,261,785
59$1,675,050$448,932$243,113$1,305,951
60$1,773,614$398,638$178,965$1,353,534
61$1,879,953$343,603$110,392$1,404,909
62$1,994,791$283,521$37,172$1,460,490
63$2,118,919$218,073$0$1,520,738
64$2,253,208$146,919$0$1,596,219
65$2,398,618$69,700$0$1,687,834
66$2,556,199$0$0$1,787,144
67$2,727,112$0$0$1,896,906
68$2,912,628$0$0$2,026,912
69$3,114,148$0$0$2,168,180
70$3,333,213$0$0$2,321,795
71$3,571,517$0$0$2,488,951
72$3,830,925$0$0$2,670,963
73$4,113,489$0$0$2,869,276
74$4,421,467$0$0$3,085,482
75$4,757,343$0$0$3,321,332
76$5,123,852$0$0$3,578,755
77$5,524,004$0$0$3,859,873
78$5,961,115$0$0$4,167,021
79$6,438,830$0$0$4,502,771
80$6,961,168$0$0$4,869,956
81$7,532,550$0$0$5,271,692
82$8,157,845$0$0$5,711,413
83$8,842,415$0$0$6,192,899
84$9,592,164$0$0$6,720,312
85$10,413,594$0$0$7,298,237
86$11,313,865$0$0$7,931,723
87$12,300,863$0$0$8,626,330
88$13,383,274$0$0$9,388,182
89$14,570,665$0$0$10,224,025
90$15,873,571$0$0$11,141,290
91$17,303,600$0$0$12,148,159
92$18,873,536$0$0$13,253,648
93$20,597,462$0$0$14,467,688
94$22,490,891$0$0$15,801,218
95$24,570,914$0$0$17,266,290
96$26,856,356$0$0$18,876,179
97$29,367,959$0$0$20,645,513
98$32,128,571$0$0$22,590,403
99$35,163,365$0$0$24,728,602
100$38,500,076$0$0$27,079,667