Can I retire at age 45 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$62,099$61,546$61,007$60,480$59,966$59,463
2 years$30,742$30,170$29,615$29,077$28,555$28,049
3 years$20,291$19,716$19,163$18,630$18,116$17,622
4 years$15,067$14,494$13,946$13,422$12,921$12,442
5 years$11,933$11,363$10,822$10,309$9,822$9,360
6 years$9,844$9,279$8,746$8,244$7,772$7,327
7 years$8,353$7,792$7,268$6,778$6,321$5,894
8 years$7,235$6,679$6,164$5,686$5,244$4,835
9 years$6,366$5,816$5,309$4,843$4,416$4,024
10 years$5,671$5,126$4,628$4,175$3,763$3,388
11 years$5,103$4,564$4,075$3,633$3,236$2,879
12 years$4,630$4,096$3,616$3,187$2,804$2,464
13 years$4,230$3,702$3,231$2,814$2,445$2,121
14 years$3,888$3,365$2,903$2,498$2,144$1,836
15 years$3,591$3,074$2,621$2,227$1,887$1,595
16 years$3,332$2,820$2,376$1,994$1,668$1,391
17 years$3,103$2,597$2,162$1,792$1,479$1,216
18 years$2,900$2,400$1,974$1,615$1,315$1,067
19 years$2,719$2,224$1,807$1,459$1,172$937
20 years$2,556$2,067$1,658$1,322$1,047$825
21 years$2,409$1,925$1,525$1,199$937$728
22 years$2,275$1,797$1,406$1,091$840$643
23 years$2,153$1,681$1,298$993$754$568
24 years$2,041$1,575$1,201$906$678$503
25 years$1,939$1,478$1,112$827$610$446
26 years$1,844$1,389$1,031$756$549$396
27 years$1,757$1,307$958$692$495$351
28 years$1,676$1,232$890$634$447$312
29 years$1,601$1,162$828$582$403$277
30 years$1,531$1,097$772$534$365$246
31 years$1,465$1,037$719$490$330$219
32 years$1,404$982$671$451$298$195
33 years$1,347$930$627$414$270$174
34 years$1,293$881$586$381$244$155
35 years$1,242$836$547$351$221$138
36 years$1,194$793$512$323$200$123
37 years$1,149$753$479$298$182$109
38 years$1,107$716$449$275$165$98
39 years$1,066$681$421$253$149$87
40 years$1,028$648$394$233$135$78
41 years$992$617$370$215$123$69
42 years$957$587$347$199$112$62
43 years$925$559$325$184$101$55
44 years$893$533$305$169$92$49
45 years$864$509$287$156$83$44
46 years$835$485$269$145$76$39
47 years$808$463$253$134$69$35
48 years$783$442$238$123$62$31
49 years$758$422$224$114$57$28
50 years$734$403$210$105$52$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $752,000, adding $2,781 every year, while hoping to spend $40,957 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: 67/20/13 Blend
44$752,000$752,000$752,000$752,000
45$831,573$791,717$780,061$884,654
46$872,815$786,933$762,615$915,589
47$916,892$780,542$743,212$944,298
48$964,048$772,422$721,743$974,644
49$1,014,554$762,443$698,094$1,006,784
50$1,068,704$750,469$672,146$1,040,892
51$1,126,825$736,355$643,776$1,077,159
52$1,189,270$719,945$612,851$1,115,800
53$1,256,432$701,079$579,238$1,157,050
54$1,328,738$679,582$542,793$1,201,171
55$1,406,660$655,272$503,367$1,248,452
56$1,490,716$627,957$460,806$1,299,215
57$1,581,474$597,432$414,948$1,353,813
58$1,679,558$563,480$365,623$1,412,642
59$1,785,655$525,872$312,653$1,476,135
60$1,900,519$484,368$255,855$1,544,775
61$2,024,981$438,710$195,035$1,619,094
62$2,159,952$388,630$129,991$1,699,683
63$2,306,435$333,841$60,514$1,787,194
64$2,465,534$274,042$0$1,882,350
65$2,638,462$208,913$0$1,987,838
66$2,826,554$138,119$0$2,111,733
67$3,031,279$61,304$0$2,246,641
68$3,254,253$0$0$2,393,678
69$3,497,255$0$0$2,558,893
70$3,762,241$0$0$2,753,810
71$4,051,367$0$0$2,966,527
72$4,367,002$0$0$3,198,794
73$4,711,758$0$0$3,452,536
74$5,088,508$0$0$3,729,876
75$5,500,415$0$0$4,033,147
76$5,950,962$0$0$4,364,921
77$6,443,984$0$0$4,728,028
78$6,983,705$0$0$5,125,586
79$7,574,773$0$0$5,561,027
80$8,222,310$0$0$6,038,130
81$8,931,956$0$0$6,561,059
82$9,709,922$0$0$7,134,398
83$10,563,047$0$0$7,763,198
84$11,498,867$0$0$8,453,019
85$12,525,679$0$0$9,209,989
86$13,652,626$0$0$10,040,854
87$14,889,774$0$0$10,953,049
88$16,248,216$0$0$11,954,760
89$17,740,169$0$0$13,055,007
90$19,379,092$0$0$14,263,726
91$21,179,812$0$0$15,591,864
92$23,158,664$0$0$17,051,479
93$25,333,641$0$0$18,655,856
94$27,724,569$0$0$20,419,631
95$30,353,289$0$0$22,358,929
96$33,243,864$0$0$24,491,514
97$36,422,806$0$0$26,836,960
98$39,919,324$0$0$29,416,833
99$43,765,601$0$0$32,254,891
100$47,997,094$0$0$35,377,313