Can I retire at age 45 with 754,000?

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 $754,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$62,265$61,710$61,169$60,641$60,125$59,202
2 years$30,824$30,250$29,694$29,154$28,631$27,703
3 years$20,345$19,769$19,214$18,679$18,165$17,261
4 years$15,107$14,532$13,983$13,457$12,955$12,083
5 years$11,965$11,393$10,851$10,337$9,848$9,010
6 years$9,871$9,304$8,769$8,266$7,793$6,989
7 years$8,375$7,813$7,287$6,796$6,338$5,568
8 years$7,254$6,697$6,180$5,701$5,258$4,523
9 years$6,383$5,831$5,323$4,856$4,428$3,728
10 years$5,686$5,140$4,641$4,186$3,773$3,107
11 years$5,117$4,576$4,086$3,643$3,245$2,612
12 years$4,642$4,107$3,626$3,195$2,812$2,211
13 years$4,241$3,711$3,240$2,821$2,452$1,883
14 years$3,898$3,374$2,911$2,504$2,149$1,611
15 years$3,600$3,082$2,628$2,233$1,892$1,384
16 years$3,341$2,828$2,383$2,000$1,672$1,193
17 years$3,111$2,604$2,168$1,797$1,483$1,031
18 years$2,908$2,406$1,979$1,619$1,319$893
19 years$2,726$2,230$1,812$1,463$1,175$775
20 years$2,563$2,072$1,663$1,325$1,050$674
21 years$2,415$1,930$1,530$1,203$939$587
22 years$2,281$1,802$1,410$1,093$842$512
23 years$2,159$1,685$1,302$996$756$447
24 years$2,047$1,579$1,204$908$679$390
25 years$1,944$1,482$1,115$829$611$341
26 years$1,849$1,393$1,034$758$551$299
27 years$1,762$1,311$960$694$496$261
28 years$1,681$1,235$893$636$448$229
29 years$1,605$1,165$831$583$405$201
30 years$1,535$1,100$774$535$366$176
31 years$1,469$1,040$721$492$330$154
32 years$1,408$984$673$452$299$135
33 years$1,350$932$628$415$271$119
34 years$1,296$883$587$382$245$104
35 years$1,245$838$549$352$222$92
36 years$1,198$795$514$324$201$81
37 years$1,152$755$481$299$182$71
38 years$1,110$718$450$275$165$62
39 years$1,069$683$422$254$150$55
40 years$1,031$649$395$234$136$48
41 years$994$618$371$216$123$42
42 years$960$589$348$199$112$37
43 years$927$561$326$184$101$33
44 years$896$535$306$170$92$29
45 years$866$510$288$157$84$25
46 years$838$486$270$145$76$22
47 years$811$464$254$134$69$19
48 years$785$443$238$124$63$17
49 years$760$423$224$114$57$15
50 years$736$404$211$106$52$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $754,000, adding $6,279 every year, while hoping to spend $36,819 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: 74/13/13 Blend
44$754,000$754,000$754,000$754,000
45$837,385$797,423$785,736$896,624
46$883,623$797,321$772,883$936,525
47$933,343$795,981$758,365$975,044
48$986,862$793,302$742,088$1,016,246
49$1,044,527$789,179$723,953$1,060,385
50$1,106,720$783,499$703,856$1,107,743
51$1,173,859$776,144$681,689$1,158,633
52$1,246,405$766,988$657,338$1,213,397
53$1,324,864$755,897$630,686$1,272,414
54$1,409,794$742,729$601,607$1,336,101
55$1,501,804$727,334$569,972$1,404,921
56$1,601,568$709,553$535,646$1,479,380
57$1,709,825$689,219$498,488$1,560,042
58$1,827,389$666,152$458,349$1,647,524
59$1,955,154$640,165$415,075$1,742,510
60$2,094,105$611,057$368,504$1,845,754
61$2,245,323$578,619$318,468$1,958,087
62$2,410,000$542,625$264,792$2,080,428
63$2,589,448$502,842$207,290$2,213,787
64$2,785,108$459,018$145,771$2,359,283
65$2,998,570$410,890$80,034$2,518,147
66$3,231,579$358,179$9,871$2,691,739
67$3,486,062$300,591$0$2,881,558
68$3,764,134$237,815$0$3,098,275
69$4,068,129$169,521$0$3,336,746
70$4,400,613$95,362$0$3,597,645
71$4,764,412$14,971$0$3,883,229
72$5,162,639$0$0$4,195,981
73$5,598,722$0$0$4,548,946
74$6,076,434$0$0$4,937,984
75$6,599,933$0$0$5,364,344
76$7,173,794$0$0$5,831,757
77$7,803,061$0$0$6,344,334
78$8,493,285$0$0$6,906,602
79$9,250,582$0$0$7,523,549
80$10,081,691$0$0$8,200,668
81$10,994,030$0$0$8,944,008
82$11,995,773$0$0$9,760,236
83$13,095,926$0$0$10,656,693
84$14,304,407$0$0$11,641,467
85$15,632,142$0$0$12,723,469
86$17,091,171$0$0$13,912,515
87$18,694,753$0$0$15,219,417
88$20,457,500$0$0$16,656,089
89$22,395,507$0$0$18,235,658
90$24,526,509$0$0$19,972,583
91$26,870,042$0$0$21,882,796
92$29,447,633$0$0$23,983,851
93$32,282,999$0$0$26,295,087
94$35,402,272$0$0$28,837,813
95$38,834,241$0$0$31,635,507
96$42,610,632$0$0$34,714,037
97$46,766,396$0$0$38,101,906
98$51,340,047$0$0$41,830,519
99$56,374,019$0$0$45,934,481
100$61,915,072$0$0$50,451,920