Can I retire at age 45 with 751,000?

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 $751,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$62,017$61,464$60,926$60,399$59,886$58,296
2 years$30,701$30,130$29,575$29,038$28,517$26,927
3 years$20,264$19,690$19,137$18,605$18,092$16,551
4 years$15,047$14,474$13,927$13,404$12,904$11,423
5 years$11,917$11,348$10,808$10,295$9,809$8,393
6 years$9,831$9,266$8,734$8,233$7,762$6,412
7 years$8,342$7,782$7,258$6,769$6,312$5,029
8 years$7,226$6,671$6,156$5,678$5,237$4,019
9 years$6,358$5,808$5,302$4,837$4,410$3,257
10 years$5,664$5,119$4,622$4,169$3,758$2,668
11 years$5,096$4,558$4,069$3,629$3,232$2,204
12 years$4,624$4,091$3,611$3,183$2,800$1,832
13 years$4,224$3,697$3,227$2,810$2,442$1,531
14 years$3,882$3,360$2,899$2,494$2,141$1,285
15 years$3,586$3,070$2,618$2,224$1,885$1,083
16 years$3,327$2,816$2,373$1,992$1,666$915
17 years$3,099$2,594$2,159$1,790$1,477$775
18 years$2,896$2,397$1,971$1,613$1,313$658
19 years$2,715$2,221$1,805$1,457$1,171$559
20 years$2,552$2,064$1,656$1,320$1,046$476
21 years$2,405$1,923$1,523$1,198$936$406
22 years$2,272$1,795$1,404$1,089$839$346
23 years$2,150$1,679$1,296$992$753$296
24 years$2,039$1,573$1,199$905$677$253
25 years$1,936$1,476$1,110$826$609$216
26 years$1,842$1,387$1,030$755$548$185
27 years$1,755$1,305$956$691$495$158
28 years$1,674$1,230$889$634$446$136
29 years$1,599$1,160$827$581$403$116
30 years$1,529$1,096$771$533$364$99
31 years$1,463$1,036$718$490$329$85
32 years$1,402$980$670$450$298$73
33 years$1,345$928$626$414$269$63
34 years$1,291$880$585$381$244$54
35 years$1,240$835$547$351$221$46
36 years$1,193$792$511$323$200$40
37 years$1,148$752$479$297$181$34
38 years$1,105$715$448$274$165$29
39 years$1,065$680$420$253$149$25
40 years$1,027$647$394$233$135$21
41 years$991$616$369$215$123$18
42 years$956$586$346$199$111$16
43 years$923$559$325$183$101$14
44 years$892$533$305$169$92$12
45 years$863$508$286$156$83$10
46 years$834$484$269$144$76$9
47 years$807$462$253$133$69$7
48 years$782$441$237$123$62$6
49 years$757$421$223$114$57$5
50 years$733$403$210$105$51$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $751,000, adding $4,460 every year, while hoping to spend $39,738 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: 73/11/16 Blend
44$751,000$751,000$751,000$751,000
45$832,202$792,399$780,759$889,623
46$874,806$788,946$764,633$924,826
47$920,424$783,992$746,636$958,089
48$969,320$777,421$726,662$993,480
49$1,021,787$769,111$704,601$1,031,202
50$1,078,144$758,932$680,340$1,071,477
51$1,138,742$746,746$653,758$1,114,552
52$1,203,965$732,408$624,731$1,160,700
53$1,274,237$715,764$593,127$1,210,220
54$1,350,022$696,649$558,809$1,263,447
55$1,431,830$674,890$521,635$1,320,746
56$1,520,221$650,305$481,455$1,382,522
57$1,615,813$622,699$438,112$1,449,224
58$1,719,281$591,867$391,444$1,521,345
59$1,831,371$557,591$341,281$1,599,431
60$1,952,901$519,643$287,444$1,684,086
61$2,084,771$477,780$229,747$1,775,974
62$2,227,971$431,744$167,997$1,875,830
63$2,383,589$381,265$101,991$1,984,466
64$2,552,825$326,056$31,516$2,102,777
65$2,736,994$265,815$0$2,231,752
66$2,937,548$200,220$0$2,379,942
67$3,156,083$128,936$0$2,547,320
68$3,394,353$51,603$0$2,729,871
69$3,654,291$0$0$2,929,105
70$3,938,026$0$0$3,150,581
71$4,247,898$0$0$3,399,312
72$4,586,484$0$0$3,671,126
73$4,956,624$0$0$3,968,305
74$5,361,441$0$0$4,293,362
75$5,804,375$0$0$4,649,064
76$6,289,215$0$0$5,038,458
77$6,820,131$0$0$5,464,899
78$7,401,717$0$0$5,932,081
79$8,039,032$0$0$6,444,073
80$8,737,647$0$0$7,005,356
81$9,503,698$0$0$7,620,865
82$10,343,942$0$0$8,296,037
83$11,265,824$0$0$9,036,858
84$12,277,541$0$0$9,849,924
85$13,388,126$0$0$10,742,499
86$14,607,526$0$0$11,722,585
87$15,946,700$0$0$12,798,996
88$17,417,720$0$0$13,981,444
89$19,033,884$0$0$15,280,626
90$20,809,843$0$0$16,708,325
91$22,761,737$0$0$18,277,526
92$24,907,347$0$0$20,002,532
93$27,266,261$0$0$21,899,100
94$29,860,064$0$0$23,984,591
95$32,712,533$0$0$26,278,135
96$35,849,866$0$0$28,800,803
97$39,300,927$0$0$31,575,816
98$43,097,520$0$0$34,628,757
99$47,274,684$0$0$37,987,811
100$51,871,027$0$0$41,684,038