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%12.2%
1 years$62,099$61,546$61,007$60,480$59,966$59,413
2 years$30,742$30,170$29,615$29,077$28,555$27,999
3 years$20,291$19,716$19,163$18,630$18,116$17,573
4 years$15,067$14,494$13,946$13,422$12,921$12,395
5 years$11,933$11,363$10,822$10,309$9,822$9,315
6 years$9,844$9,279$8,746$8,244$7,772$7,284
7 years$8,353$7,792$7,268$6,778$6,321$5,853
8 years$7,235$6,679$6,164$5,686$5,244$4,795
9 years$6,366$5,816$5,309$4,843$4,416$3,987
10 years$5,671$5,126$4,628$4,175$3,763$3,353
11 years$5,103$4,564$4,075$3,633$3,236$2,845
12 years$4,630$4,096$3,616$3,187$2,804$2,432
13 years$4,230$3,702$3,231$2,814$2,445$2,091
14 years$3,888$3,365$2,903$2,498$2,144$1,807
15 years$3,591$3,074$2,621$2,227$1,887$1,568
16 years$3,332$2,820$2,376$1,994$1,668$1,366
17 years$3,103$2,597$2,162$1,792$1,479$1,193
18 years$2,900$2,400$1,974$1,615$1,315$1,044
19 years$2,719$2,224$1,807$1,459$1,172$916
20 years$2,556$2,067$1,658$1,322$1,047$806
21 years$2,409$1,925$1,525$1,199$937$709
22 years$2,275$1,797$1,406$1,091$840$626
23 years$2,153$1,681$1,298$993$754$552
24 years$2,041$1,575$1,201$906$678$488
25 years$1,939$1,478$1,112$827$610$432
26 years$1,844$1,389$1,031$756$549$383
27 years$1,757$1,307$958$692$495$339
28 years$1,676$1,232$890$634$447$301
29 years$1,601$1,162$828$582$403$267
30 years$1,531$1,097$772$534$365$237
31 years$1,465$1,037$719$490$330$210
32 years$1,404$982$671$451$298$187
33 years$1,347$930$627$414$270$166
34 years$1,293$881$586$381$244$148
35 years$1,242$836$547$351$221$131
36 years$1,194$793$512$323$200$117
37 years$1,149$753$479$298$182$104
38 years$1,107$716$449$275$165$92
39 years$1,066$681$421$253$149$82
40 years$1,028$648$394$233$135$73
41 years$992$617$370$215$123$65
42 years$957$587$347$199$112$58
43 years$925$559$325$184$101$52
44 years$893$533$305$169$92$46
45 years$864$509$287$156$83$41
46 years$835$485$269$145$76$37
47 years$808$463$253$134$69$33
48 years$783$442$238$123$62$29
49 years$758$422$224$114$57$26
50 years$734$403$210$105$52$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $752,000, adding $6,926 every year, while hoping to spend $42,077 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: 50/41/9 Blend
44$752,000$752,000$752,000$752,000
45$835,848$795,992$784,336$875,326
46$876,335$790,226$765,842$897,281
47$919,541$782,767$745,318$916,076
48$965,700$773,489$722,651$935,518
49$1,015,067$762,254$697,725$955,680
50$1,067,921$748,922$670,416$976,643
51$1,124,569$733,340$640,596$998,499
52$1,185,349$715,348$608,130$1,021,353
53$1,250,630$694,775$572,877$1,045,321
54$1,320,818$671,442$534,692$1,070,537
55$1,396,357$645,159$493,420$1,097,150
56$1,477,736$615,723$448,901$1,125,327
57$1,565,494$582,921$400,967$1,155,258
58$1,660,219$546,529$349,445$1,187,155
59$1,762,560$506,308$294,150$1,221,254
60$1,873,229$462,005$234,892$1,257,823
61$1,993,010$413,355$171,472$1,297,161
62$2,122,763$360,075$103,682$1,339,600
63$2,263,433$301,867$31,304$1,385,515
64$2,416,064$238,419$0$1,435,322
65$2,581,797$169,397$0$1,493,900
66$2,761,894$94,450$0$1,560,851
67$2,957,738$13,209$0$1,633,771
68$3,170,853$0$0$1,713,330
69$3,402,916$0$0$1,833,984
70$3,655,771$0$0$1,972,015
71$3,931,449$0$0$2,122,581
72$4,232,184$0$0$2,286,911
73$4,560,436$0$0$2,466,359
74$4,918,911$0$0$2,662,416
75$5,310,589$0$0$2,876,722
76$5,738,753$0$0$3,111,084
77$6,207,013$0$0$3,367,490
78$6,719,347$0$0$3,648,130
79$7,280,135$0$0$3,955,416
80$7,894,199$0$0$4,292,003
81$8,566,849$0$0$4,660,815
82$9,303,934$0$0$5,065,074
83$10,111,894$0$0$5,508,326
84$10,997,824$0$0$5,994,479
85$11,969,536$0$0$6,527,834
86$13,035,635$0$0$7,113,133
87$14,205,600$0$0$7,755,594
88$15,489,872$0$0$8,460,970
89$16,899,952$0$0$9,235,594
90$18,448,509$0$0$10,086,446
91$20,149,498$0$0$11,021,213
92$22,018,295$0$0$12,048,363
93$24,071,835$0$0$13,177,227
94$26,328,779$0$0$14,418,083
95$28,809,681$0$0$15,782,254
96$31,537,190$0$0$17,282,217
97$34,536,255$0$0$18,931,717
98$37,834,367$0$0$20,745,897
99$41,461,811$0$0$22,741,442
100$45,451,958$0$0$24,936,737