Can I retire at age 45 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$61,934$61,383$60,844$60,319$59,806$58,839
2 years$30,661$30,090$29,536$29,000$28,479$27,508
3 years$20,237$19,664$19,112$18,580$18,068$17,123
4 years$15,027$14,455$13,909$13,386$12,886$11,974
5 years$11,901$11,333$10,794$10,282$9,796$8,919
6 years$9,818$9,254$8,723$8,222$7,751$6,911
7 years$8,331$7,772$7,249$6,760$6,304$5,500
8 years$7,216$6,662$6,147$5,671$5,230$4,463
9 years$6,349$5,800$5,295$4,830$4,404$3,674
10 years$5,656$5,113$4,616$4,164$3,753$3,058
11 years$5,090$4,551$4,064$3,624$3,227$2,567
12 years$4,618$4,085$3,607$3,179$2,797$2,171
13 years$4,219$3,692$3,222$2,806$2,439$1,846
14 years$3,877$3,356$2,895$2,491$2,138$1,577
15 years$3,581$3,066$2,614$2,222$1,882$1,353
16 years$3,323$2,813$2,370$1,989$1,664$1,164
17 years$3,095$2,590$2,157$1,787$1,475$1,005
18 years$2,892$2,394$1,969$1,611$1,312$869
19 years$2,712$2,218$1,802$1,455$1,169$753
20 years$2,549$2,061$1,654$1,318$1,044$654
21 years$2,402$1,920$1,521$1,196$934$569
22 years$2,269$1,792$1,402$1,088$838$495
23 years$2,147$1,676$1,295$991$752$431
24 years$2,036$1,571$1,197$903$676$376
25 years$1,934$1,474$1,109$825$608$329
26 years$1,839$1,385$1,029$754$548$287
27 years$1,752$1,304$955$691$494$251
28 years$1,672$1,228$888$633$446$220
29 years$1,597$1,159$826$580$402$192
30 years$1,527$1,094$770$532$364$168
31 years$1,461$1,035$717$489$329$147
32 years$1,400$979$669$449$297$129
33 years$1,343$927$625$413$269$113
34 years$1,289$879$584$380$244$99
35 years$1,239$833$546$350$221$87
36 years$1,191$791$511$322$200$76
37 years$1,146$751$478$297$181$67
38 years$1,104$714$448$274$164$59
39 years$1,063$679$419$252$149$51
40 years$1,025$646$393$233$135$45
41 years$989$615$369$215$123$40
42 years$955$586$346$198$111$35
43 years$922$558$324$183$101$30
44 years$891$532$305$169$92$27
45 years$861$507$286$156$83$23
46 years$833$484$269$144$76$21
47 years$806$462$252$133$69$18
48 years$780$441$237$123$62$16
49 years$756$421$223$114$57$14
50 years$732$402$210$105$51$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $750,000, adding $6,025 every year, while hoping to spend $55,724 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: 40/42/18 Blend
44$750,000$750,000$750,000$750,000
45$832,715$792,965$781,340$861,359
46$858,362$772,530$748,225$861,916
47$884,757$749,227$712,133$856,696
48$911,918$722,855$672,905$849,882
49$939,863$693,203$630,376$841,359
50$968,608$660,050$584,373$831,003
51$998,171$623,157$534,714$818,684
52$1,028,568$582,275$481,211$804,266
53$1,059,816$537,141$423,666$787,601
54$1,091,932$487,475$361,873$768,537
55$1,124,929$432,981$295,616$746,909
56$1,158,823$373,349$224,670$722,545
57$1,193,627$308,247$148,801$695,262
58$1,229,355$237,329$67,764$664,867
59$1,266,017$160,226$0$631,156
60$1,303,624$76,550$0$597,507
61$1,342,183$0$0$574,219
62$1,381,701$0$0$554,597
63$1,422,183$0$0$570,726
64$1,463,630$0$0$587,226
65$1,506,040$0$0$604,095
66$1,549,410$0$0$621,330
67$1,593,730$0$0$638,924
68$1,638,989$0$0$656,871
69$1,685,169$0$0$675,161
70$1,732,248$0$0$693,782
71$1,780,198$0$0$712,720
72$1,828,984$0$0$731,957
73$1,878,562$0$0$751,472
74$1,928,883$0$0$771,241
75$1,979,886$0$0$791,234
76$2,031,500$0$0$811,418
77$2,083,644$0$0$831,755
78$2,136,221$0$0$852,200
79$2,189,123$0$0$872,701
80$2,242,223$0$0$893,201
81$2,295,378$0$0$913,635
82$2,348,426$0$0$933,926
83$2,401,180$0$0$953,990
84$2,453,432$0$0$973,732
85$2,504,944$0$0$993,045
86$2,555,450$0$0$1,011,807
87$2,604,650$0$0$1,029,884
88$2,652,208$0$0$1,047,122
89$2,697,746$0$0$1,063,354
90$2,740,842$0$0$1,078,387
91$2,781,023$0$0$1,092,011
92$2,817,762$0$0$1,103,989
93$2,850,470$0$0$1,114,057
94$2,878,492$0$0$1,121,922
95$2,901,095$0$0$1,127,258
96$2,917,468$0$0$1,129,702
97$2,926,706$0$0$1,128,850
98$2,927,802$0$0$1,124,254
99$2,919,642$0$0$1,115,418
100$2,900,985$0$0$1,101,790