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%19.5%
1 years$61,934$61,383$60,844$60,319$59,806$57,524
2 years$30,661$30,090$29,536$29,000$28,479$26,207
3 years$20,237$19,664$19,112$18,580$18,068$15,877
4 years$15,027$14,455$13,909$13,386$12,886$10,793
5 years$11,901$11,333$10,794$10,282$9,796$7,806
6 years$9,818$9,254$8,723$8,222$7,751$5,866
7 years$8,331$7,772$7,249$6,760$6,304$4,523
8 years$7,216$6,662$6,147$5,671$5,230$3,551
9 years$6,349$5,800$5,295$4,830$4,404$2,826
10 years$5,656$5,113$4,616$4,164$3,753$2,271
11 years$5,090$4,551$4,064$3,624$3,227$1,840
12 years$4,618$4,085$3,607$3,179$2,797$1,500
13 years$4,219$3,692$3,222$2,806$2,439$1,228
14 years$3,877$3,356$2,895$2,491$2,138$1,010
15 years$3,581$3,066$2,614$2,222$1,882$833
16 years$3,323$2,813$2,370$1,989$1,664$688
17 years$3,095$2,590$2,157$1,787$1,475$570
18 years$2,892$2,394$1,969$1,611$1,312$473
19 years$2,712$2,218$1,802$1,455$1,169$393
20 years$2,549$2,061$1,654$1,318$1,044$327
21 years$2,402$1,920$1,521$1,196$934$273
22 years$2,269$1,792$1,402$1,088$838$227
23 years$2,147$1,676$1,295$991$752$190
24 years$2,036$1,571$1,197$903$676$158
25 years$1,934$1,474$1,109$825$608$132
26 years$1,839$1,385$1,029$754$548$110
27 years$1,752$1,304$955$691$494$92
28 years$1,672$1,228$888$633$446$77
29 years$1,597$1,159$826$580$402$64
30 years$1,527$1,094$770$532$364$54
31 years$1,461$1,035$717$489$329$45
32 years$1,400$979$669$449$297$38
33 years$1,343$927$625$413$269$31
34 years$1,289$879$584$380$244$26
35 years$1,239$833$546$350$221$22
36 years$1,191$791$511$322$200$18
37 years$1,146$751$478$297$181$15
38 years$1,104$714$448$274$164$13
39 years$1,063$679$419$252$149$11
40 years$1,025$646$393$233$135$9
41 years$989$615$369$215$123$8
42 years$955$586$346$198$111$6
43 years$922$558$324$183$101$5
44 years$891$532$305$169$92$4
45 years$861$507$286$156$83$4
46 years$833$484$269$144$76$3
47 years$806$462$252$133$69$3
48 years$780$441$237$123$62$2
49 years$756$421$223$114$57$2
50 years$732$402$210$105$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $750,000, adding $6,116 every year, while hoping to spend $54,325 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: 40/48/12 Blend
44$750,000$750,000$750,000$750,000
45$832,809$793,059$781,434$862,905
46$859,954$774,117$749,810$865,793
47$888,047$752,427$715,307$863,100
48$917,127$727,795$677,769$858,989
49$947,237$700,020$637,037$853,357
50$978,419$668,885$592,942$846,093
51$1,010,721$634,164$545,309$837,082
52$1,044,192$595,614$493,953$826,202
53$1,078,883$552,983$438,685$813,323
54$1,114,851$506,001$379,302$798,311
55$1,152,153$454,383$315,597$781,022
56$1,190,854$397,829$247,350$761,306
57$1,231,019$336,021$174,335$739,004
58$1,272,721$268,623$96,312$713,948
59$1,316,034$195,281$13,034$685,964
60$1,361,040$115,621$0$654,866
61$1,407,826$29,246$0$630,171
62$1,456,485$0$0$604,376
63$1,507,117$0$0$609,575
64$1,559,828$0$0$631,085
65$1,614,734$0$0$653,508
66$1,671,958$0$0$676,897
67$1,731,633$0$0$701,308
68$1,793,903$0$0$726,804
69$1,858,922$0$0$753,450
70$1,926,858$0$0$781,318
71$1,997,890$0$0$810,486
72$2,072,214$0$0$841,037
73$2,150,041$0$0$873,063
74$2,231,600$0$0$906,662
75$2,317,139$0$0$941,941
76$2,406,927$0$0$979,017
77$2,501,257$0$0$1,018,016
78$2,600,446$0$0$1,059,076
79$2,704,841$0$0$1,102,346
80$2,814,818$0$0$1,147,991
81$2,930,785$0$0$1,196,186
82$3,053,190$0$0$1,247,128
83$3,182,520$0$0$1,301,027
84$3,319,305$0$0$1,358,114
85$3,464,126$0$0$1,418,643
86$3,617,615$0$0$1,482,888
87$3,780,465$0$0$1,551,152
88$3,953,432$0$0$1,623,764
89$4,137,343$0$0$1,701,087
90$4,333,105$0$0$1,783,515
91$4,541,707$0$0$1,871,481
92$4,764,235$0$0$1,965,461
93$5,001,878$0$0$2,065,973
94$5,255,939$0$0$2,173,590
95$5,527,846$0$0$2,288,935
96$5,819,165$0$0$2,412,694
97$6,131,615$0$0$2,545,622
98$6,467,080$0$0$2,688,543
99$6,827,628$0$0$2,842,365
100$7,215,531$0$0$3,008,084