Can I retire at age 45 with 756,000?

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 $756,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$62,430$61,874$61,331$60,802$60,285$58,448
2 years$30,906$30,330$29,772$29,232$28,707$26,873
3 years$20,399$19,821$19,265$18,729$18,213$16,438
4 years$15,147$14,571$14,020$13,493$12,990$11,288
5 years$11,996$11,424$10,880$10,364$9,874$8,251
6 years$9,897$9,328$8,793$8,288$7,813$6,269
7 years$8,398$7,834$7,307$6,814$6,354$4,889
8 years$7,274$6,715$6,197$5,716$5,272$3,884
9 years$6,400$5,847$5,337$4,869$4,439$3,129
10 years$5,701$5,154$4,653$4,197$3,783$2,547
11 years$5,130$4,588$4,096$3,653$3,253$2,090
12 years$4,655$4,118$3,636$3,204$2,819$1,726
13 years$4,253$3,721$3,248$2,829$2,458$1,433
14 years$3,908$3,383$2,918$2,511$2,155$1,195
15 years$3,610$3,090$2,635$2,239$1,897$999
16 years$3,349$2,835$2,389$2,005$1,677$838
17 years$3,120$2,611$2,174$1,802$1,487$705
18 years$2,916$2,413$1,984$1,624$1,322$594
19 years$2,733$2,236$1,817$1,467$1,178$501
20 years$2,569$2,078$1,667$1,329$1,053$423
21 years$2,421$1,935$1,534$1,206$942$358
22 years$2,287$1,807$1,413$1,096$844$303
23 years$2,164$1,690$1,305$998$758$257
24 years$2,052$1,583$1,207$911$681$218
25 years$1,949$1,486$1,118$832$613$185
26 years$1,854$1,396$1,037$760$552$157
27 years$1,766$1,314$963$696$498$133
28 years$1,685$1,238$895$638$449$113
29 years$1,609$1,168$833$585$406$96
30 years$1,539$1,103$776$537$366$82
31 years$1,473$1,043$723$493$331$69
32 years$1,412$987$675$453$300$59
33 years$1,354$935$630$417$271$50
34 years$1,300$886$589$383$246$43
35 years$1,249$840$550$353$222$36
36 years$1,201$797$515$325$202$31
37 years$1,155$757$482$299$183$26
38 years$1,113$720$451$276$166$22
39 years$1,072$684$423$254$150$19
40 years$1,034$651$396$235$136$16
41 years$997$620$372$217$124$14
42 years$962$590$349$200$112$12
43 years$930$562$327$184$102$10
44 years$898$536$307$170$92$8
45 years$868$511$288$157$84$7
46 years$840$488$271$145$76$6
47 years$813$465$254$134$69$5
48 years$787$444$239$124$63$4
49 years$762$424$225$115$57$4
50 years$738$405$211$106$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $756,000, adding $3,431 every year, while hoping to spend $39,295 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: 54/26/20 Blend
44$756,000$756,000$756,000$756,000
45$836,651$796,583$784,865$877,102
46$880,180$793,806$769,348$902,420
47$926,832$789,576$751,995$925,539
48$976,883$783,780$732,702$949,857
49$1,030,639$776,299$711,361$975,498
50$1,088,433$767,006$687,860$1,002,605
51$1,150,630$755,767$662,080$1,031,335
52$1,217,634$742,438$633,900$1,061,862
53$1,289,885$726,871$603,188$1,094,382
54$1,367,870$708,904$569,812$1,129,112
55$1,452,122$688,369$533,629$1,166,295
56$1,543,226$665,087$494,493$1,206,199
57$1,641,827$638,868$452,251$1,249,126
58$1,748,633$609,512$406,741$1,295,409
59$1,864,422$576,807$357,795$1,345,418
60$1,990,051$540,528$305,239$1,399,566
61$2,126,460$500,439$248,889$1,458,310
62$2,274,687$456,288$188,554$1,522,160
63$2,435,869$407,810$124,035$1,591,680
64$2,611,261$354,725$55,123$1,667,496
65$2,802,240$296,738$0$1,750,303
66$3,010,326$233,536$0$1,844,803
67$3,237,188$164,787$0$1,960,730
68$3,484,663$90,144$0$2,087,305
69$3,754,775$9,238$0$2,225,633
70$4,049,751$0$0$2,376,931
71$4,372,042$0$0$2,564,955
72$4,724,348$0$0$2,773,447
73$5,109,638$0$0$3,001,531
74$5,531,186$0$0$3,251,154
75$5,992,593$0$0$3,524,457
76$6,497,826$0$0$3,823,800
77$7,051,253$0$0$4,151,781
78$7,657,685$0$0$4,511,262
79$8,322,421$0$0$4,905,394
80$9,051,295$0$0$5,337,649
81$9,850,733$0$0$5,811,847
82$10,727,814$0$0$6,332,202
83$11,690,336$0$0$6,903,351
84$12,746,885$0$0$7,530,402
85$13,906,923$0$0$8,218,984
86$15,180,870$0$0$8,975,297
87$16,580,206$0$0$9,806,171
88$18,117,578$0$0$10,719,128
89$19,806,916$0$0$11,722,457
90$21,663,569$0$0$12,825,291
91$23,704,446$0$0$14,037,688
92$25,948,175$0$0$15,370,733
93$28,415,279$0$0$16,836,637
94$31,128,370$0$0$18,448,852
95$34,112,361$0$0$20,222,202
96$37,394,698$0$0$22,173,018
97$41,005,625$0$0$24,319,294
98$44,978,462$0$0$26,680,856
99$49,349,921$0$0$29,279,549
100$54,160,454$0$0$32,139,441