Can I retire at age 45 with 750,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.1%
1 years$61,934$61,383$60,844$60,319$59,806$58,791
2 years$30,661$30,090$29,536$29,000$28,479$27,460
3 years$20,237$19,664$19,112$18,580$18,068$17,076
4 years$15,027$14,455$13,909$13,386$12,886$11,929
5 years$11,901$11,333$10,794$10,282$9,796$8,877
6 years$9,818$9,254$8,723$8,222$7,751$6,870
7 years$8,331$7,772$7,249$6,760$6,304$5,462
8 years$7,216$6,662$6,147$5,671$5,230$4,427
9 years$6,349$5,800$5,295$4,830$4,404$3,639
10 years$5,656$5,113$4,616$4,164$3,753$3,026
11 years$5,090$4,551$4,064$3,624$3,227$2,537
12 years$4,618$4,085$3,607$3,179$2,797$2,143
13 years$4,219$3,692$3,222$2,806$2,439$1,820
14 years$3,877$3,356$2,895$2,491$2,138$1,553
15 years$3,581$3,066$2,614$2,222$1,882$1,330
16 years$3,323$2,813$2,370$1,989$1,664$1,143
17 years$3,095$2,590$2,157$1,787$1,475$985
18 years$2,892$2,394$1,969$1,611$1,312$851
19 years$2,712$2,218$1,802$1,455$1,169$736
20 years$2,549$2,061$1,654$1,318$1,044$638
21 years$2,402$1,920$1,521$1,196$934$554
22 years$2,269$1,792$1,402$1,088$838$482
23 years$2,147$1,676$1,295$991$752$419
24 years$2,036$1,571$1,197$903$676$365
25 years$1,934$1,474$1,109$825$608$318
26 years$1,839$1,385$1,029$754$548$278
27 years$1,752$1,304$955$691$494$242
28 years$1,672$1,228$888$633$446$212
29 years$1,597$1,159$826$580$402$185
30 years$1,527$1,094$770$532$364$162
31 years$1,461$1,035$717$489$329$141
32 years$1,400$979$669$449$297$124
33 years$1,343$927$625$413$269$108
34 years$1,289$879$584$380$244$95
35 years$1,239$833$546$350$221$83
36 years$1,191$791$511$322$200$72
37 years$1,146$751$478$297$181$63
38 years$1,104$714$448$274$164$56
39 years$1,063$679$419$252$149$49
40 years$1,025$646$393$233$135$43
41 years$989$615$369$215$123$37
42 years$955$586$346$198$111$33
43 years$922$558$324$183$101$29
44 years$891$532$305$169$92$25
45 years$861$507$286$156$83$22
46 years$833$484$269$144$76$19
47 years$806$462$252$133$69$17
48 years$780$441$237$123$62$15
49 years$756$421$223$114$57$13
50 years$732$402$210$105$51$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $750,000, adding $2,045 every year, while hoping to spend $49,366 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: 52/38/10 Blend
44$750,000$750,000$750,000$750,000
45$828,609$788,859$777,234$869,450
46$860,603$774,988$750,747$883,615
47$894,204$758,783$721,717$893,535
48$929,527$740,077$690,008$903,170
49$966,692$718,695$655,477$912,507
50$1,005,832$694,448$617,973$921,531
51$1,047,091$667,141$577,340$930,230
52$1,090,627$636,563$533,413$938,594
53$1,136,611$602,494$486,021$946,615
54$1,185,229$564,700$434,987$954,289
55$1,236,685$522,933$380,122$961,616
56$1,291,203$476,933$321,232$968,598
57$1,349,025$426,422$258,113$975,244
58$1,410,419$371,110$190,553$981,568
59$1,475,673$310,686$118,328$987,591
60$1,545,108$244,826$41,208$993,342
61$1,619,071$173,184$0$998,858
62$1,697,943$95,397$0$1,008,571
63$1,782,143$11,081$0$1,023,134
64$1,872,128$0$0$1,038,245
65$1,968,400$0$0$1,087,545
66$2,071,509$0$0$1,145,357
67$2,182,058$0$0$1,207,393
68$2,300,711$0$0$1,274,031
69$2,428,192$0$0$1,345,685
70$2,565,300$0$0$1,422,812
71$2,712,910$0$0$1,505,911
72$2,871,984$0$0$1,595,533
73$3,043,577$0$0$1,692,280
74$3,228,851$0$0$1,796,818
75$3,429,079$0$0$1,909,873
76$3,645,664$0$0$2,032,248
77$3,880,145$0$0$2,164,824
78$4,134,216$0$0$2,308,569
79$4,409,739$0$0$2,464,549
80$4,708,760$0$0$2,633,934
81$5,033,533$0$0$2,818,014
82$5,386,533$0$0$3,018,206
83$5,770,486$0$0$3,236,069
84$6,188,390$0$0$3,473,319
85$6,643,543$0$0$3,731,844
86$7,139,576$0$0$4,013,723
87$7,680,484$0$0$4,321,242
88$8,270,663$0$0$4,656,920
89$8,914,954$0$0$5,023,525
90$9,618,685$0$0$5,424,110
91$10,387,719$0$0$5,862,033
92$11,228,515$0$0$6,340,990
93$12,148,182$0$0$6,865,054
94$13,154,546$0$0$7,438,706
95$14,256,228$0$0$8,066,884
96$15,462,719$0$0$8,755,023
97$16,784,472$0$0$9,509,109
98$18,232,997$0$0$10,335,736
99$19,820,971$0$0$11,242,165
100$21,562,357$0$0$12,236,394