Can I retire at age 45 with 754,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.9%
1 years$62,265$61,710$61,169$60,641$60,125$58,672
2 years$30,824$30,250$29,694$29,154$28,631$27,175
3 years$20,345$19,769$19,214$18,679$18,165$16,752
4 years$15,107$14,532$13,983$13,457$12,955$11,597
5 years$11,965$11,393$10,851$10,337$9,848$8,548
6 years$9,871$9,304$8,769$8,266$7,793$6,552
7 years$8,375$7,813$7,287$6,796$6,338$5,156
8 years$7,254$6,697$6,180$5,701$5,258$4,135
9 years$6,383$5,831$5,323$4,856$4,428$3,363
10 years$5,686$5,140$4,641$4,186$3,773$2,765
11 years$5,117$4,576$4,086$3,643$3,245$2,293
12 years$4,642$4,107$3,626$3,195$2,812$1,914
13 years$4,241$3,711$3,240$2,821$2,452$1,606
14 years$3,898$3,374$2,911$2,504$2,149$1,354
15 years$3,600$3,082$2,628$2,233$1,892$1,145
16 years$3,341$2,828$2,383$2,000$1,672$972
17 years$3,111$2,604$2,168$1,797$1,483$827
18 years$2,908$2,406$1,979$1,619$1,319$705
19 years$2,726$2,230$1,812$1,463$1,175$602
20 years$2,563$2,072$1,663$1,325$1,050$515
21 years$2,415$1,930$1,530$1,203$939$441
22 years$2,281$1,802$1,410$1,093$842$378
23 years$2,159$1,685$1,302$996$756$324
24 years$2,047$1,579$1,204$908$679$278
25 years$1,944$1,482$1,115$829$611$239
26 years$1,849$1,393$1,034$758$551$206
27 years$1,762$1,311$960$694$496$177
28 years$1,681$1,235$893$636$448$152
29 years$1,605$1,165$831$583$405$131
30 years$1,535$1,100$774$535$366$113
31 years$1,469$1,040$721$492$330$97
32 years$1,408$984$673$452$299$84
33 years$1,350$932$628$415$271$72
34 years$1,296$883$587$382$245$62
35 years$1,245$838$549$352$222$54
36 years$1,198$795$514$324$201$46
37 years$1,152$755$481$299$182$40
38 years$1,110$718$450$275$165$34
39 years$1,069$683$422$254$150$30
40 years$1,031$649$395$234$136$26
41 years$994$618$371$216$123$22
42 years$960$589$348$199$112$19
43 years$927$561$326$184$101$16
44 years$896$535$306$170$92$14
45 years$866$510$288$157$84$12
46 years$838$486$270$145$76$11
47 years$811$464$254$134$69$9
48 years$785$443$238$124$63$8
49 years$760$423$224$114$57$7
50 years$736$404$211$106$52$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $754,000, adding $5,790 every year, while hoping to spend $22,012 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: 47/38/15 Blend
44$754,000$754,000$754,000$754,000
45$836,880$796,918$785,231$872,424
46$898,822$812,547$788,116$913,287
47$966,343$828,203$790,360$954,901
48$1,039,991$843,866$791,917$999,585
49$1,120,365$859,511$792,742$1,047,635
50$1,208,129$875,113$792,785$1,099,375
51$1,304,009$890,644$791,994$1,155,164
52$1,408,807$906,075$790,315$1,215,395
53$1,523,406$921,374$787,692$1,280,506
54$1,648,777$936,505$784,063$1,350,976
55$1,785,991$951,432$779,368$1,427,334
56$1,936,226$966,116$773,540$1,510,166
57$2,100,778$980,513$766,511$1,600,116
58$2,281,077$994,578$758,209$1,697,893
59$2,478,696$1,008,261$748,558$1,804,283
60$2,695,368$1,021,511$737,480$1,920,150
61$2,933,002$1,034,271$724,892$2,046,446
62$3,193,699$1,046,482$710,707$2,184,224
63$3,479,776$1,058,079$694,835$2,334,644
64$3,793,783$1,068,995$677,182$2,498,985
65$4,138,530$1,079,156$657,648$2,678,658
66$4,517,110$1,088,485$636,130$2,875,218
67$4,932,934$1,096,900$612,519$3,090,382
68$5,389,757$1,104,312$586,702$3,326,042
69$5,891,717$1,110,627$558,561$3,584,286
70$6,443,371$1,115,746$527,971$3,867,416
71$7,049,740$1,119,564$494,804$4,177,970
72$7,716,357$1,121,966$458,923$4,518,748
73$8,449,317$1,122,833$420,188$4,892,836
74$9,255,334$1,122,039$378,452$5,303,640
75$10,141,807$1,119,448$333,558$5,754,913
76$11,116,886$1,114,916$285,348$6,250,795
77$12,189,553$1,108,291$233,652$6,795,851
78$13,369,703$1,099,413$178,294$7,395,115
79$14,668,237$1,088,109$119,092$8,054,137
80$16,097,169$1,074,198$55,853$8,779,036
81$17,669,734$1,057,488$0$9,576,560
82$19,400,517$1,037,774$0$10,456,013
83$21,305,586$1,014,842$0$11,433,395
84$23,402,648$988,461$0$12,508,838
85$25,711,213$958,391$0$13,692,349
86$28,252,779$924,374$0$14,994,961
87$31,051,034$886,139$0$16,428,835
88$34,132,079$843,400$0$18,007,376
89$37,524,677$795,852$0$19,745,358
90$41,260,521$743,176$0$21,659,069
91$45,374,532$685,030$0$23,766,462
92$49,905,195$621,056$0$26,087,323
93$54,894,912$550,876$0$28,643,466
94$60,390,411$474,087$0$31,458,931
95$66,443,182$390,266$0$34,560,217
96$73,109,964$298,966$0$37,976,535
97$80,453,279$199,714$0$41,740,077
98$88,542,024$92,011$0$45,886,330
99$97,452,120$0$0$50,454,405
100$107,267,229$0$0$55,497,727