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%11.5%
1 years$62,265$61,710$61,169$60,641$60,125$59,746
2 years$30,824$30,250$29,694$29,154$28,631$28,249
3 years$20,345$19,769$19,214$18,679$18,165$17,791
4 years$15,107$14,532$13,983$13,457$12,955$12,593
5 years$11,965$11,393$10,851$10,337$9,848$9,499
6 years$9,871$9,304$8,769$8,266$7,793$7,456
7 years$8,375$7,813$7,287$6,796$6,338$6,014
8 years$7,254$6,697$6,180$5,701$5,258$4,947
9 years$6,383$5,831$5,323$4,856$4,428$4,130
10 years$5,686$5,140$4,641$4,186$3,773$3,488
11 years$5,117$4,576$4,086$3,643$3,245$2,972
12 years$4,642$4,107$3,626$3,195$2,812$2,552
13 years$4,241$3,711$3,240$2,821$2,452$2,204
14 years$3,898$3,374$2,911$2,504$2,149$1,914
15 years$3,600$3,082$2,628$2,233$1,892$1,668
16 years$3,341$2,828$2,383$2,000$1,672$1,460
17 years$3,111$2,604$2,168$1,797$1,483$1,281
18 years$2,908$2,406$1,979$1,619$1,319$1,127
19 years$2,726$2,230$1,812$1,463$1,175$994
20 years$2,563$2,072$1,663$1,325$1,050$879
21 years$2,415$1,930$1,530$1,203$939$778
22 years$2,281$1,802$1,410$1,093$842$689
23 years$2,159$1,685$1,302$996$756$612
24 years$2,047$1,579$1,204$908$679$544
25 years$1,944$1,482$1,115$829$611$484
26 years$1,849$1,393$1,034$758$551$431
27 years$1,762$1,311$960$694$496$384
28 years$1,681$1,235$893$636$448$342
29 years$1,605$1,165$831$583$405$305
30 years$1,535$1,100$774$535$366$273
31 years$1,469$1,040$721$492$330$244
32 years$1,408$984$673$452$299$218
33 years$1,350$932$628$415$271$195
34 years$1,296$883$587$382$245$174
35 years$1,245$838$549$352$222$156
36 years$1,198$795$514$324$201$139
37 years$1,152$755$481$299$182$125
38 years$1,110$718$450$275$165$112
39 years$1,069$683$422$254$150$100
40 years$1,031$649$395$234$136$89
41 years$994$618$371$216$123$80
42 years$960$589$348$199$112$72
43 years$927$561$326$184$101$64
44 years$896$535$306$170$92$58
45 years$866$510$288$157$84$52
46 years$838$486$270$145$76$46
47 years$811$464$254$134$69$41
48 years$785$443$238$124$63$37
49 years$760$423$224$114$57$33
50 years$736$404$211$106$52$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $754,000, adding $2,095 every year, while hoping to spend $32,526 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: 64/25/11 Blend
44$754,000$754,000$754,000$754,000
45$833,069$793,107$781,420$884,199
46$883,435$797,362$772,990$922,865
47$937,847$800,735$763,188$961,100
48$996,686$803,149$751,933$1,002,042
49$1,060,366$804,521$739,140$1,045,954
50$1,129,345$804,765$724,723$1,093,126
51$1,204,126$803,786$708,589$1,143,876
52$1,285,261$801,486$690,641$1,198,559
53$1,373,359$797,760$670,779$1,257,565
54$1,469,089$792,497$648,897$1,321,323
55$1,573,186$785,579$624,885$1,390,310
56$1,686,459$776,882$598,628$1,465,051
57$1,809,800$766,271$570,004$1,546,125
58$1,944,189$753,607$538,888$1,634,172
59$2,090,703$738,741$505,148$1,729,900
60$2,250,531$721,515$468,646$1,834,089
61$2,424,978$701,762$429,239$1,947,599
62$2,615,483$679,306$386,775$2,071,382
63$2,823,628$653,958$341,099$2,206,489
64$3,051,158$625,522$292,045$2,354,077
65$3,299,990$593,786$239,443$2,515,425
66$3,572,238$558,531$183,113$2,691,947
67$3,870,229$519,521$122,870$2,885,199
68$4,196,524$476,509$58,517$3,096,902
69$4,553,944$429,233$0$3,328,954
70$4,945,596$377,415$0$3,584,641
71$5,374,901$320,763$0$3,872,491
72$5,845,629$258,969$0$4,188,203
73$6,361,930$191,704$0$4,534,620
74$6,928,374$118,626$0$4,914,876
75$7,549,999$39,368$0$5,332,425
76$8,232,349$0$0$5,791,079
77$8,981,534$0$0$6,307,820
78$9,804,286$0$0$6,887,250
79$10,708,017$0$0$7,523,767
80$11,700,895$0$0$8,223,130
81$12,791,917$0$0$8,991,684
82$13,990,996$0$0$9,836,419
83$15,309,051$0$0$10,765,035
84$16,758,114$0$0$11,786,018
85$18,351,438$0$0$12,908,714
86$20,103,628$0$0$14,143,421
87$22,030,772$0$0$15,501,487
88$24,150,596$0$0$16,995,411
89$26,482,633$0$0$18,638,967
90$29,048,400$0$0$20,447,332
91$31,871,608$0$0$22,437,227
92$34,978,382$0$0$24,627,076
93$38,397,508$0$0$27,037,178
94$42,160,700$0$0$29,689,903
95$46,302,908$0$0$32,609,895
96$50,862,638$0$0$35,824,313
97$55,882,321$0$0$39,363,080
98$61,408,710$0$0$43,259,170
99$67,493,322$0$0$47,548,913
100$74,192,924$0$0$52,272,346