Can I retire at age 45 with 755,000?

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 $755,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$62,347$61,792$61,250$60,721$60,205$58,512
2 years$30,865$30,290$29,733$29,193$28,669$26,977
3 years$20,372$19,795$19,239$18,704$18,189$16,550
4 years$15,127$14,551$14,001$13,475$12,972$11,399
5 years$11,981$11,408$10,866$10,350$9,861$8,358
6 years$9,884$9,316$8,781$8,277$7,803$6,371
7 years$8,386$7,823$7,297$6,805$6,346$4,986
8 years$7,264$6,706$6,188$5,709$5,265$3,975
9 years$6,392$5,839$5,330$4,863$4,434$3,214
10 years$5,694$5,147$4,647$4,192$3,778$2,626
11 years$5,124$4,582$4,091$3,648$3,249$2,163
12 years$4,649$4,112$3,631$3,200$2,815$1,794
13 years$4,247$3,716$3,244$2,825$2,455$1,495
14 years$3,903$3,378$2,915$2,508$2,152$1,252
15 years$3,605$3,086$2,631$2,236$1,895$1,051
16 years$3,345$2,831$2,386$2,002$1,675$886
17 years$3,115$2,608$2,171$1,799$1,485$748
18 years$2,912$2,409$1,982$1,621$1,320$633
19 years$2,730$2,233$1,814$1,465$1,177$537
20 years$2,566$2,075$1,665$1,327$1,051$455
21 years$2,418$1,933$1,532$1,204$941$387
22 years$2,284$1,804$1,412$1,095$843$329
23 years$2,161$1,687$1,303$997$757$280
24 years$2,049$1,581$1,205$909$680$239
25 years$1,947$1,484$1,116$831$612$204
26 years$1,852$1,394$1,035$759$551$174
27 years$1,764$1,312$961$695$497$148
28 years$1,683$1,237$894$637$449$126
29 years$1,607$1,167$832$584$405$108
30 years$1,537$1,102$775$536$366$92
31 years$1,471$1,042$722$492$331$79
32 years$1,410$985$674$452$299$67
33 years$1,352$933$629$416$271$58
34 years$1,298$885$588$383$245$49
35 years$1,247$839$550$352$222$42
36 years$1,199$796$514$325$201$36
37 years$1,154$756$481$299$182$31
38 years$1,111$719$451$276$165$26
39 years$1,071$683$422$254$150$22
40 years$1,032$650$396$234$136$19
41 years$996$619$371$216$123$16
42 years$961$590$348$200$112$14
43 years$928$562$327$184$102$12
44 years$897$535$307$170$92$10
45 years$867$511$288$157$84$9
46 years$839$487$270$145$76$8
47 years$812$465$254$134$69$6
48 years$786$444$239$124$63$5
49 years$761$424$224$114$57$5
50 years$737$405$211$106$52$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $755,000, adding $2,681 every year, while hoping to spend $52,861 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: 71/5/24 Blend
44$755,000$755,000$755,000$755,000
45$834,775$794,760$783,058$888,831
46$863,679$777,460$753,047$907,986
47$893,759$757,540$720,258$922,491
48$925,079$734,817$684,544$937,098
49$957,709$709,095$645,749$951,812
50$991,723$680,168$603,709$966,642
51$1,027,201$647,818$558,255$981,596
52$1,064,229$611,815$509,210$996,685
53$1,102,899$571,913$456,387$1,011,923
54$1,143,313$527,854$399,594$1,027,329
55$1,185,578$479,366$338,628$1,042,921
56$1,229,812$426,161$273,277$1,058,724
57$1,276,142$367,932$203,321$1,074,768
58$1,324,706$304,358$128,530$1,091,086
59$1,375,653$235,098$48,662$1,107,718
60$1,429,145$159,793$0$1,124,710
61$1,485,358$78,063$0$1,151,479
62$1,544,484$0$0$1,192,630
63$1,606,730$0$0$1,236,405
64$1,672,325$0$0$1,287,074
65$1,741,513$0$0$1,340,535
66$1,814,565$0$0$1,396,997
67$1,891,774$0$0$1,456,690
68$1,973,460$0$0$1,519,863
69$2,059,973$0$0$1,586,790
70$2,151,695$0$0$1,657,768
71$2,249,042$0$0$1,733,124
72$2,352,473$0$0$1,813,213
73$2,462,485$0$0$1,898,425
74$2,579,625$0$0$1,989,187
75$2,704,492$0$0$2,085,967
76$2,837,740$0$0$2,189,275
77$2,980,087$0$0$2,299,673
78$3,132,319$0$0$2,417,775
79$3,295,300$0$0$2,544,254
80$3,469,974$0$0$2,679,850
81$3,657,380$0$0$2,825,373
82$3,858,655$0$0$2,981,714
83$4,075,050$0$0$3,149,848
84$4,307,935$0$0$3,330,847
85$4,558,817$0$0$3,525,890
86$4,829,351$0$0$3,736,269
87$5,121,353$0$0$3,963,404
88$5,436,821$0$0$4,208,858
89$5,777,949$0$0$4,474,345
90$6,147,149$0$0$4,761,752
91$6,547,073$0$0$5,073,152
92$6,980,636$0$0$5,410,823
93$7,451,043$0$0$5,777,274
94$7,961,822$0$0$6,175,262
95$8,516,849$0$0$6,607,818
96$9,120,391$0$0$7,078,279
97$9,777,141$0$0$7,590,316
98$10,492,263$0$0$8,147,967
99$11,271,440$0$0$8,755,677
100$12,120,926$0$0$9,418,337