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%15.2%
1 years$62,347$61,792$61,250$60,721$60,205$58,917
2 years$30,865$30,290$29,733$29,193$28,669$27,378
3 years$20,372$19,795$19,239$18,704$18,189$16,935
4 years$15,127$14,551$14,001$13,475$12,972$11,765
5 years$11,981$11,408$10,866$10,350$9,861$8,704
6 years$9,884$9,316$8,781$8,277$7,803$6,697
7 years$8,386$7,823$7,297$6,805$6,346$5,291
8 years$7,264$6,706$6,188$5,709$5,265$4,261
9 years$6,392$5,839$5,330$4,863$4,434$3,480
10 years$5,694$5,147$4,647$4,192$3,778$2,874
11 years$5,124$4,582$4,091$3,648$3,249$2,393
12 years$4,649$4,112$3,631$3,200$2,815$2,007
13 years$4,247$3,716$3,244$2,825$2,455$1,692
14 years$3,903$3,378$2,915$2,508$2,152$1,433
15 years$3,605$3,086$2,631$2,236$1,895$1,218
16 years$3,345$2,831$2,386$2,002$1,675$1,039
17 years$3,115$2,608$2,171$1,799$1,485$888
18 years$2,912$2,409$1,982$1,621$1,320$761
19 years$2,730$2,233$1,814$1,465$1,177$653
20 years$2,566$2,075$1,665$1,327$1,051$562
21 years$2,418$1,933$1,532$1,204$941$484
22 years$2,284$1,804$1,412$1,095$843$417
23 years$2,161$1,687$1,303$997$757$360
24 years$2,049$1,581$1,205$909$680$310
25 years$1,947$1,484$1,116$831$612$268
26 years$1,852$1,394$1,035$759$551$232
27 years$1,764$1,312$961$695$497$201
28 years$1,683$1,237$894$637$449$174
29 years$1,607$1,167$832$584$405$150
30 years$1,537$1,102$775$536$366$130
31 years$1,471$1,042$722$492$331$113
32 years$1,410$985$674$452$299$98
33 years$1,352$933$629$416$271$85
34 years$1,298$885$588$383$245$73
35 years$1,247$839$550$352$222$64
36 years$1,199$796$514$325$201$55
37 years$1,154$756$481$299$182$48
38 years$1,111$719$451$276$165$42
39 years$1,071$683$422$254$150$36
40 years$1,032$650$396$234$136$31
41 years$996$619$371$216$123$27
42 years$961$590$348$200$112$24
43 years$928$562$327$184$102$20
44 years$897$535$307$170$92$18
45 years$867$511$288$157$84$15
46 years$839$487$270$145$76$13
47 years$812$465$254$134$69$12
48 years$786$444$239$124$63$10
49 years$761$424$224$114$57$9
50 years$737$405$211$106$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $755,000, adding $5,228 every year, while hoping to spend $22,770 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: 54/41/5 Blend
44$755,000$755,000$755,000$755,000
45$837,403$797,388$785,685$881,456
46$898,591$812,233$787,779$926,637
47$965,257$827,042$789,179$972,808
48$1,037,935$841,789$789,839$1,022,496
49$1,117,215$856,448$789,709$1,076,034
50$1,203,744$870,986$788,737$1,133,792
51$1,298,235$885,374$786,869$1,196,180
52$1,401,473$899,575$784,047$1,263,645
53$1,514,322$913,553$780,211$1,336,683
54$1,637,733$927,267$775,299$1,415,840
55$1,772,755$940,676$769,244$1,501,718
56$1,920,539$953,733$761,977$1,594,979
57$2,082,357$966,388$753,426$1,696,355
58$2,259,607$978,591$743,515$1,806,651
59$2,453,829$990,284$732,165$1,926,756
60$2,666,719$1,001,408$719,293$2,057,650
61$2,900,147$1,011,899$704,811$2,200,412
62$3,156,168$1,021,689$688,629$2,356,234
63$3,437,051$1,030,705$670,651$2,526,426
64$3,745,290$1,038,869$650,778$2,712,437
65$4,083,637$1,046,101$628,906$2,915,863
66$4,455,118$1,052,311$604,925$3,138,461
67$4,863,072$1,057,406$578,722$3,382,173
68$5,311,174$1,061,287$550,177$3,649,136
69$5,803,472$1,063,848$519,167$3,941,708
70$6,344,427$1,064,977$485,560$4,262,488
71$6,938,953$1,064,556$449,220$4,614,343
72$7,592,463$1,062,456$410,006$5,000,432
73$8,310,922$1,058,544$367,770$5,424,239
74$9,100,901$1,052,678$322,355$5,889,605
75$9,969,639$1,044,705$273,600$6,400,765
76$10,925,113$1,034,466$221,336$6,962,388
77$11,976,110$1,021,790$165,386$7,579,621
78$13,132,312$1,006,497$105,565$8,258,139
79$14,404,389$988,396$41,682$9,004,198
80$15,804,093$967,284$0$9,824,695
81$17,344,376$942,947$0$10,728,649
82$19,039,509$915,158$0$11,725,494
83$20,905,215$883,676$0$12,822,257
84$22,958,818$848,248$0$14,029,138
85$25,219,409$808,604$0$15,357,382
86$27,708,022$764,459$0$16,819,384
87$30,447,835$715,512$0$18,428,807
88$33,464,387$661,445$0$20,200,712
89$36,785,820$601,921$0$22,151,700
90$40,443,144$536,585$0$24,300,073
91$44,470,527$465,060$0$26,666,001
92$48,905,622$386,949$0$29,271,720
93$53,789,918$301,833$0$32,141,739
94$59,169,134$209,267$0$35,303,074
95$65,093,648$108,784$0$38,785,502
96$71,618,975$0$0$42,621,847
97$78,806,287$0$0$46,848,336
98$86,722,993$0$0$51,557,907
99$95,443,375$0$0$56,745,681
100$105,049,287$0$0$62,460,368