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%11.5%
1 years$62,347$61,792$61,250$60,721$60,205$59,825
2 years$30,865$30,290$29,733$29,193$28,669$28,286
3 years$20,372$19,795$19,239$18,704$18,189$17,815
4 years$15,127$14,551$14,001$13,475$12,972$12,610
5 years$11,981$11,408$10,866$10,350$9,861$9,511
6 years$9,884$9,316$8,781$8,277$7,803$7,466
7 years$8,386$7,823$7,297$6,805$6,346$6,022
8 years$7,264$6,706$6,188$5,709$5,265$4,953
9 years$6,392$5,839$5,330$4,863$4,434$4,135
10 years$5,694$5,147$4,647$4,192$3,778$3,492
11 years$5,124$4,582$4,091$3,648$3,249$2,976
12 years$4,649$4,112$3,631$3,200$2,815$2,555
13 years$4,247$3,716$3,244$2,825$2,455$2,207
14 years$3,903$3,378$2,915$2,508$2,152$1,916
15 years$3,605$3,086$2,631$2,236$1,895$1,671
16 years$3,345$2,831$2,386$2,002$1,675$1,462
17 years$3,115$2,608$2,171$1,799$1,485$1,283
18 years$2,912$2,409$1,982$1,621$1,320$1,129
19 years$2,730$2,233$1,814$1,465$1,177$996
20 years$2,566$2,075$1,665$1,327$1,051$880
21 years$2,418$1,933$1,532$1,204$941$779
22 years$2,284$1,804$1,412$1,095$843$690
23 years$2,161$1,687$1,303$997$757$613
24 years$2,049$1,581$1,205$909$680$545
25 years$1,947$1,484$1,116$831$612$484
26 years$1,852$1,394$1,035$759$551$431
27 years$1,764$1,312$961$695$497$384
28 years$1,683$1,237$894$637$449$343
29 years$1,607$1,167$832$584$405$306
30 years$1,537$1,102$775$536$366$273
31 years$1,471$1,042$722$492$331$244
32 years$1,410$985$674$452$299$218
33 years$1,352$933$629$416$271$195
34 years$1,298$885$588$383$245$174
35 years$1,247$839$550$352$222$156
36 years$1,199$796$514$325$201$139
37 years$1,154$756$481$299$182$125
38 years$1,111$719$451$276$165$112
39 years$1,071$683$422$254$150$100
40 years$1,032$650$396$234$136$90
41 years$996$619$371$216$123$80
42 years$961$590$348$200$112$72
43 years$928$562$327$184$102$64
44 years$897$535$307$170$92$58
45 years$867$511$288$157$84$52
46 years$839$487$270$145$76$46
47 years$812$465$254$134$69$42
48 years$786$444$239$124$63$37
49 years$761$424$224$114$57$33
50 years$737$405$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 $755,000, adding $3,006 every year, while hoping to spend $29,517 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: 33/43/24 Blend
44$755,000$755,000$755,000$755,000
45$835,111$795,096$783,393$856,458
46$888,886$802,650$778,231$880,307
47$947,157$809,584$771,907$903,120
48$1,010,352$815,838$764,350$927,112
49$1,078,940$821,346$755,487$952,406
50$1,153,437$826,038$745,242$979,142
51$1,234,414$829,840$733,534$1,007,471
52$1,322,495$832,673$720,278$1,037,565
53$1,418,369$834,453$705,387$1,069,615
54$1,522,793$835,092$688,768$1,103,832
55$1,636,600$834,494$670,323$1,140,454
56$1,760,708$832,558$649,954$1,179,744
57$1,896,125$829,179$627,553$1,221,994
58$2,043,964$824,243$603,010$1,267,530
59$2,205,447$817,629$576,209$1,316,714
60$2,381,921$809,211$547,030$1,369,949
61$2,574,867$798,853$515,347$1,427,681
62$2,785,919$786,413$481,026$1,490,406
63$3,016,874$771,738$443,931$1,558,677
64$3,269,710$754,667$403,918$1,633,103
65$3,546,606$735,032$360,835$1,714,365
66$3,849,962$712,651$314,525$1,803,213
67$4,182,421$687,333$264,824$1,900,483
68$4,546,893$658,878$211,561$2,007,099
69$4,946,584$627,071$154,557$2,124,087
70$5,385,025$591,687$93,624$2,252,583
71$5,866,104$552,486$28,567$2,393,844
72$6,394,106$509,217$0$2,549,264
73$6,973,747$461,611$0$2,730,849
74$7,610,227$409,388$0$2,938,332
75$8,309,270$352,248$0$3,166,335
76$9,077,183$289,876$0$3,417,009
77$9,920,916$221,939$0$3,692,732
78$10,848,121$148,086$0$3,996,128
79$11,867,233$67,946$0$4,330,094
80$12,987,541$0$0$4,697,833
81$14,219,281$0$0$5,111,811
82$15,573,729$0$0$5,602,505
83$17,063,309$0$0$6,142,283
84$18,701,710$0$0$6,736,121
85$20,504,013$0$0$7,389,501
86$22,486,834$0$0$8,108,464
87$24,668,483$0$0$8,899,665
88$27,069,132$0$0$9,770,440
89$29,711,008$0$0$10,728,869
90$32,618,601$0$0$11,783,855
91$35,818,897$0$0$12,945,211
92$39,341,628$0$0$14,223,745
93$43,219,557$0$0$15,631,372
94$47,488,786$0$0$17,181,215
95$52,189,092$0$0$18,887,739
96$57,364,308$0$0$20,766,880
97$63,062,731$0$0$22,836,201
98$69,337,583$0$0$25,115,052
99$76,247,506$0$0$27,624,756
100$83,857,123$0$0$30,388,812