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%18.2%
1 years$62,017$61,464$60,926$60,399$59,886$57,899
2 years$30,701$30,130$29,575$29,038$28,517$26,535
3 years$20,264$19,690$19,137$18,605$18,092$16,177
4 years$15,047$14,474$13,927$13,404$12,904$11,070
5 years$11,917$11,348$10,808$10,295$9,809$8,061
6 years$9,831$9,266$8,734$8,233$7,762$6,101
7 years$8,342$7,782$7,258$6,769$6,312$4,739
8 years$7,226$6,671$6,156$5,678$5,237$3,750
9 years$6,358$5,808$5,302$4,837$4,410$3,008
10 years$5,664$5,119$4,622$4,169$3,758$2,437
11 years$5,096$4,558$4,069$3,629$3,232$1,991
12 years$4,624$4,091$3,611$3,183$2,800$1,637
13 years$4,224$3,697$3,227$2,810$2,442$1,353
14 years$3,882$3,360$2,899$2,494$2,141$1,122
15 years$3,586$3,070$2,618$2,224$1,885$934
16 years$3,327$2,816$2,373$1,992$1,666$780
17 years$3,099$2,594$2,159$1,790$1,477$652
18 years$2,896$2,397$1,971$1,613$1,313$546
19 years$2,715$2,221$1,805$1,457$1,171$459
20 years$2,552$2,064$1,656$1,320$1,046$385
21 years$2,405$1,923$1,523$1,198$936$324
22 years$2,272$1,795$1,404$1,089$839$273
23 years$2,150$1,679$1,296$992$753$230
24 years$2,039$1,573$1,199$905$677$194
25 years$1,936$1,476$1,110$826$609$164
26 years$1,842$1,387$1,030$755$548$138
27 years$1,755$1,305$956$691$495$117
28 years$1,674$1,230$889$634$446$99
29 years$1,599$1,160$827$581$403$83
30 years$1,529$1,096$771$533$364$70
31 years$1,463$1,036$718$490$329$59
32 years$1,402$980$670$450$298$50
33 years$1,345$928$626$414$269$42
34 years$1,291$880$585$381$244$36
35 years$1,240$835$547$351$221$30
36 years$1,193$792$511$323$200$26
37 years$1,148$752$479$297$181$22
38 years$1,105$715$448$274$165$18
39 years$1,065$680$420$253$149$16
40 years$1,027$647$394$233$135$13
41 years$991$616$369$215$123$11
42 years$956$586$346$199$111$9
43 years$923$559$325$183$101$8
44 years$892$533$305$169$92$7
45 years$863$508$286$156$83$6
46 years$834$484$269$144$76$5
47 years$807$462$253$133$69$4
48 years$782$441$237$123$62$3
49 years$757$421$223$114$57$3
50 years$733$403$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 $751,000, adding $2,481 every year, while hoping to spend $50,205 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: 84/6/10 Blend
44$751,000$751,000$751,000$751,000
45$830,161$790,358$778,718$898,454
46$861,420$775,668$751,387$928,788
47$894,184$758,575$721,458$955,104
48$928,555$738,909$688,791$982,466
49$964,641$716,490$653,239$1,010,949
50$1,002,562$691,124$614,649$1,040,636
51$1,042,445$662,612$572,862$1,071,617
52$1,084,431$630,737$527,710$1,103,991
53$1,128,674$595,273$479,019$1,137,868
54$1,175,338$555,981$426,605$1,173,366
55$1,224,605$512,607$370,280$1,210,619
56$1,276,674$464,884$309,843$1,249,773
57$1,331,759$412,527$245,087$1,290,987
58$1,390,096$355,238$175,794$1,334,439
59$1,451,941$292,701$101,740$1,380,323
60$1,517,577$224,581$22,686$1,428,855
61$1,587,310$150,526$0$1,480,271
62$1,661,477$70,163$0$1,541,414
63$1,740,445$0$0$1,609,001
64$1,824,616$0$0$1,682,073
65$1,914,433$0$0$1,764,996
66$2,010,377$0$0$1,853,584
67$2,112,980$0$0$1,948,328
68$2,222,820$0$0$2,049,765
69$2,340,534$0$0$2,158,484
70$2,466,822$0$0$2,275,131
71$2,602,449$0$0$2,400,415
72$2,748,256$0$0$2,535,114
73$2,905,167$0$0$2,680,083
74$3,074,196$0$0$2,836,261
75$3,256,455$0$0$3,004,676
76$3,453,169$0$0$3,186,463
77$3,665,680$0$0$3,382,864
78$3,895,468$0$0$3,595,246
79$4,144,154$0$0$3,825,112
80$4,413,523$0$0$4,074,114
81$4,705,538$0$0$4,344,068
82$5,022,356$0$0$4,636,970
83$5,366,351$0$0$4,955,017
84$5,740,132$0$0$5,300,625
85$6,146,571$0$0$5,676,450
86$6,588,826$0$0$6,085,418
87$7,070,374$0$0$6,530,745
88$7,595,038$0$0$7,015,970
89$8,167,028$0$0$7,544,990
90$8,790,976$0$0$8,122,091
91$9,471,980$0$0$8,751,993
92$10,215,652$0$0$9,439,891
93$11,028,172$0$0$10,191,503
94$11,916,340$0$0$11,013,125
95$12,887,644$0$0$11,911,689
96$13,950,331$0$0$12,894,825
97$15,113,479$0$0$13,970,938
98$16,387,084$0$0$15,149,280
99$17,782,156$0$0$16,440,043
100$19,310,818$0$0$17,854,448