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%11.5%
1 years$61,852$61,301$60,763$60,239$59,726$59,350
2 years$30,620$30,049$29,497$28,961$28,441$28,061
3 years$20,210$19,638$19,086$18,556$18,044$17,673
4 years$15,007$14,436$13,890$13,368$12,869$12,509
5 years$11,885$11,318$10,779$10,268$9,783$9,436
6 years$9,805$9,242$8,711$8,211$7,741$7,406
7 years$8,320$7,761$7,239$6,751$6,295$5,974
8 years$7,206$6,653$6,139$5,663$5,223$4,914
9 years$6,341$5,792$5,288$4,824$4,398$4,103
10 years$5,649$5,106$4,610$4,158$3,748$3,465
11 years$5,083$4,545$4,059$3,619$3,223$2,953
12 years$4,612$4,080$3,602$3,174$2,793$2,535
13 years$4,213$3,687$3,218$2,802$2,436$2,190
14 years$3,872$3,351$2,891$2,488$2,135$1,901
15 years$3,577$3,061$2,611$2,219$1,880$1,657
16 years$3,318$2,809$2,367$1,986$1,661$1,450
17 years$3,091$2,587$2,154$1,785$1,473$1,273
18 years$2,889$2,390$1,966$1,608$1,310$1,120
19 years$2,708$2,215$1,800$1,453$1,167$988
20 years$2,546$2,059$1,652$1,316$1,043$873
21 years$2,399$1,917$1,519$1,195$933$773
22 years$2,266$1,790$1,400$1,086$836$685
23 years$2,144$1,674$1,293$989$751$608
24 years$2,033$1,568$1,196$902$675$540
25 years$1,931$1,472$1,108$824$607$481
26 years$1,837$1,383$1,027$753$547$428
27 years$1,750$1,302$954$690$493$381
28 years$1,669$1,227$887$632$445$340
29 years$1,594$1,157$825$579$402$303
30 years$1,525$1,093$769$532$363$271
31 years$1,459$1,033$717$488$328$242
32 years$1,399$978$669$449$297$216
33 years$1,341$926$624$413$269$193
34 years$1,288$878$583$380$243$173
35 years$1,237$832$545$350$220$155
36 years$1,190$790$510$322$200$138
37 years$1,145$750$477$297$181$124
38 years$1,102$713$447$273$164$111
39 years$1,062$678$419$252$149$99
40 years$1,024$645$393$233$135$89
41 years$988$614$368$215$122$80
42 years$954$585$345$198$111$71
43 years$921$557$324$183$101$64
44 years$890$531$304$169$92$57
45 years$860$506$286$156$83$51
46 years$832$483$268$144$75$46
47 years$805$461$252$133$68$41
48 years$779$440$237$123$62$37
49 years$755$420$223$114$56$33
50 years$731$402$209$105$51$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $749,000, adding $2,658 every year, while hoping to spend $25,277 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: 67/10/23 Blend
44$749,000$749,000$749,000$749,000
45$828,140$788,443$776,833$878,592
46$885,715$800,182$775,963$924,525
47$948,317$811,649$774,216$971,603
48$1,016,429$822,804$771,536$1,022,497
49$1,090,588$833,605$767,866$1,077,585
50$1,171,382$844,005$763,143$1,137,281
51$1,259,457$853,955$757,302$1,202,044
52$1,355,526$863,404$750,277$1,272,377
53$1,460,374$872,295$741,995$1,348,837
54$1,574,864$880,569$732,384$1,432,038
55$1,699,947$888,163$721,365$1,522,657
56$1,836,667$895,009$708,857$1,621,439
57$1,986,178$901,036$694,774$1,729,207
58$2,149,748$906,166$679,029$1,846,869
59$2,328,772$910,318$661,526$1,975,424
60$2,524,789$913,406$642,170$2,115,977
61$2,739,492$915,338$620,857$2,269,743
62$2,974,746$916,015$597,481$2,438,064
63$3,232,604$915,333$571,931$2,622,418
64$3,515,328$913,183$544,089$2,824,438
65$3,825,410$909,447$513,834$3,045,920
66$4,165,593$904,001$481,039$3,288,847
67$4,538,899$896,713$445,569$3,555,405
68$4,948,657$887,443$407,286$3,848,005
69$5,398,535$876,042$366,045$4,169,305
70$5,892,571$862,354$321,693$4,522,233
71$6,435,216$846,212$274,073$4,910,020
72$7,031,371$827,439$223,017$5,336,229
73$7,686,436$805,849$168,353$5,804,785
74$8,406,361$781,244$109,901$6,320,017
75$9,197,699$753,414$47,472$6,886,698
76$10,067,671$722,138$0$7,510,089
77$11,024,232$687,182$0$8,200,690
78$12,076,147$648,296$0$8,972,935
79$13,233,071$605,220$0$9,822,261
80$14,505,644$557,676$0$10,756,496
81$15,905,588$505,370$0$11,784,262
82$17,445,818$447,993$0$12,915,063
83$19,140,564$385,217$0$14,159,371
84$21,005,504$316,696$0$15,528,725
85$23,057,916$242,064$0$17,035,843
86$25,316,834$160,936$0$18,694,737
87$27,803,233$72,904$0$20,520,850
88$30,540,223$0$0$22,531,202
89$33,553,269$0$0$24,747,016
90$36,870,431$0$0$27,195,369
91$40,522,627$0$0$29,891,064
92$44,543,928$0$0$32,859,255
93$48,971,872$0$0$36,127,661
94$53,847,827$0$0$39,726,821
95$59,217,376$0$0$43,690,392
96$65,130,747$0$0$48,055,457
97$71,643,287$0$0$52,862,880
98$78,815,986$0$0$58,157,693
99$86,716,050$0$0$63,989,514
100$95,417,538$0$0$70,413,024