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%16.4%
1 years$62,099$61,546$61,007$60,480$59,966$58,397
2 years$30,742$30,170$29,615$29,077$28,555$26,986
3 years$20,291$19,716$19,163$18,630$18,116$16,595
4 years$15,067$14,494$13,946$13,422$12,921$11,459
5 years$11,933$11,363$10,822$10,309$9,822$8,425
6 years$9,844$9,279$8,746$8,244$7,772$6,440
7 years$8,353$7,792$7,268$6,778$6,321$5,054
8 years$7,235$6,679$6,164$5,686$5,244$4,041
9 years$6,366$5,816$5,309$4,843$4,416$3,277
10 years$5,671$5,126$4,628$4,175$3,763$2,686
11 years$5,103$4,564$4,075$3,633$3,236$2,220
12 years$4,630$4,096$3,616$3,187$2,804$1,847
13 years$4,230$3,702$3,231$2,814$2,445$1,544
14 years$3,888$3,365$2,903$2,498$2,144$1,297
15 years$3,591$3,074$2,621$2,227$1,887$1,094
16 years$3,332$2,820$2,376$1,994$1,668$925
17 years$3,103$2,597$2,162$1,792$1,479$784
18 years$2,900$2,400$1,974$1,615$1,315$666
19 years$2,719$2,224$1,807$1,459$1,172$566
20 years$2,556$2,067$1,658$1,322$1,047$483
21 years$2,409$1,925$1,525$1,199$937$412
22 years$2,275$1,797$1,406$1,091$840$352
23 years$2,153$1,681$1,298$993$754$300
24 years$2,041$1,575$1,201$906$678$257
25 years$1,939$1,478$1,112$827$610$220
26 years$1,844$1,389$1,031$756$549$188
27 years$1,757$1,307$958$692$495$161
28 years$1,676$1,232$890$634$447$138
29 years$1,601$1,162$828$582$403$119
30 years$1,531$1,097$772$534$365$102
31 years$1,465$1,037$719$490$330$87
32 years$1,404$982$671$451$298$75
33 years$1,347$930$627$414$270$64
34 years$1,293$881$586$381$244$55
35 years$1,242$836$547$351$221$47
36 years$1,194$793$512$323$200$41
37 years$1,149$753$479$298$182$35
38 years$1,107$716$449$275$165$30
39 years$1,066$681$421$253$149$26
40 years$1,028$648$394$233$135$22
41 years$992$617$370$215$123$19
42 years$957$587$347$199$112$16
43 years$925$559$325$184$101$14
44 years$893$533$305$169$92$12
45 years$864$509$287$156$83$10
46 years$835$485$269$145$76$9
47 years$808$463$253$134$69$8
48 years$783$442$238$123$62$7
49 years$758$422$224$114$57$6
50 years$734$403$210$105$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $752,000, adding $4,624 every year, while hoping to spend $39,417 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: 73/17/10 Blend
44$752,000$752,000$752,000$752,000
45$833,474$793,618$781,962$892,427
46$876,549$790,566$766,218$928,931
47$922,696$786,043$748,626$963,544
48$972,188$779,936$729,082$1,000,367
49$1,025,322$772,124$707,477$1,039,606
50$1,082,426$762,479$683,699$1,081,492
51$1,143,860$750,866$657,628$1,126,276
52$1,210,016$737,142$629,142$1,174,238
53$1,281,330$721,153$598,110$1,225,685
54$1,358,276$702,740$564,397$1,280,959
55$1,441,377$681,732$527,861$1,340,434
56$1,531,208$657,947$488,356$1,404,525
57$1,628,401$631,196$445,725$1,473,692
58$1,733,649$601,276$399,808$1,548,438
59$1,847,715$567,973$350,436$1,629,324
60$1,971,439$531,060$297,432$1,716,965
61$2,105,744$490,300$240,614$1,812,042
62$2,251,644$445,439$179,789$1,915,308
63$2,410,256$396,210$114,756$2,027,591
64$2,582,808$342,330$45,307$2,149,810
65$2,770,652$283,502$0$2,282,974
66$2,975,274$219,409$0$2,431,274
67$3,198,311$149,719$0$2,598,229
68$3,441,565$74,081$0$2,780,384
69$3,707,016$0$0$2,979,268
70$3,996,847$0$0$3,198,041
71$4,313,460$0$0$3,452,199
72$4,659,499$0$0$3,730,013
73$5,037,876$0$0$4,033,823
74$5,451,794$0$0$4,366,207
75$5,904,784$0$0$4,730,004
76$6,400,731$0$0$5,128,338
77$6,943,916$0$0$5,564,653
78$7,539,049$0$0$6,042,739
79$8,191,323$0$0$6,566,770
80$8,906,452$0$0$7,141,344
81$9,690,732$0$0$7,771,524
82$10,551,097$0$0$8,462,888
83$11,495,184$0$0$9,221,580
84$12,531,406$0$0$10,054,365
85$13,669,030$0$0$10,968,699
86$14,918,263$0$0$11,972,791
87$16,290,350$0$0$13,075,687
88$17,797,679$0$0$14,287,352
89$19,453,895$0$0$15,618,761
90$21,274,032$0$0$17,082,008
91$23,274,652$0$0$18,690,415
92$25,474,001$0$0$20,458,661
93$27,892,182$0$0$22,402,915
94$30,551,342$0$0$24,540,993
95$33,475,882$0$0$26,892,524
96$36,692,687$0$0$29,479,134
97$40,231,378$0$0$32,324,651
98$44,124,590$0$0$35,455,328
99$48,408,282$0$0$38,900,091
100$53,122,075$0$0$42,690,812