Can I retire at age 45 with 758,000?

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 $758,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$62,595$62,037$61,493$60,962$60,444$58,023
2 years$30,988$30,410$29,851$29,309$28,783$26,374
3 years$20,453$19,874$19,316$18,778$18,261$15,940
4 years$15,187$14,609$14,057$13,529$13,024$10,809
5 years$12,028$11,454$10,909$10,391$9,901$7,797
6 years$9,923$9,353$8,816$8,310$7,834$5,843
7 years$8,420$7,855$7,326$6,832$6,371$4,492
8 years$7,293$6,733$6,213$5,731$5,285$3,517
9 years$6,417$5,862$5,351$4,882$4,451$2,790
10 years$5,717$5,167$4,665$4,208$3,793$2,235
11 years$5,144$4,600$4,107$3,662$3,262$1,805
12 years$4,667$4,129$3,645$3,212$2,827$1,466
13 years$4,264$3,731$3,257$2,836$2,465$1,196
14 years$3,919$3,392$2,926$2,518$2,161$980
15 years$3,620$3,098$2,642$2,245$1,902$805
16 years$3,358$2,843$2,395$2,010$1,681$664
17 years$3,128$2,618$2,180$1,806$1,491$548
18 years$2,923$2,419$1,990$1,628$1,326$453
19 years$2,741$2,242$1,821$1,471$1,181$375
20 years$2,576$2,083$1,672$1,332$1,055$311
21 years$2,428$1,941$1,538$1,209$944$258
22 years$2,293$1,811$1,417$1,099$847$214
23 years$2,170$1,694$1,308$1,001$760$178
24 years$2,058$1,587$1,210$913$683$148
25 years$1,954$1,490$1,121$834$615$123
26 years$1,859$1,400$1,040$762$554$102
27 years$1,771$1,318$965$698$499$85
28 years$1,689$1,242$897$639$450$71
29 years$1,614$1,171$835$586$407$59
30 years$1,543$1,106$778$538$367$49
31 years$1,477$1,046$725$494$332$41
32 years$1,415$989$677$454$301$34
33 years$1,357$937$632$418$272$28
34 years$1,303$888$590$384$246$24
35 years$1,252$842$552$354$223$20
36 years$1,204$799$516$326$202$16
37 years$1,158$759$483$300$183$14
38 years$1,115$722$452$277$166$11
39 years$1,075$686$424$255$151$9
40 years$1,036$653$397$235$137$8
41 years$1,000$621$373$217$124$7
42 years$965$592$349$200$112$5
43 years$932$564$328$185$102$5
44 years$901$538$308$171$93$4
45 years$871$513$289$158$84$3
46 years$842$489$271$146$76$3
47 years$815$467$255$135$69$2
48 years$789$445$240$124$63$2
49 years$764$425$225$115$57$2
50 years$740$406$212$106$52$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $758,000, adding $5,146 every year, while hoping to spend $41,446 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: 43/43/14 Blend
44$758,000$758,000$758,000$758,000
45$840,624$800,450$788,701$873,145
46$882,270$795,574$771,024$891,561
47$926,774$789,070$751,366$906,969
48$974,384$780,814$729,617$922,758
49$1,025,374$770,676$705,661$938,984
50$1,080,039$758,516$679,378$955,706
51$1,138,708$744,188$650,642$972,995
52$1,201,738$727,536$619,321$990,933
53$1,269,525$708,395$585,278$1,009,611
54$1,342,500$686,590$548,368$1,029,135
55$1,421,139$661,936$508,442$1,049,625
56$1,505,962$634,238$465,341$1,071,217
57$1,597,543$603,288$418,903$1,094,066
58$1,696,511$568,868$368,955$1,118,346
59$1,803,558$530,746$315,319$1,144,256
60$1,919,446$488,677$257,806$1,172,018
61$2,045,010$442,402$196,223$1,201,883
62$2,181,169$391,648$130,365$1,234,135
63$2,328,935$336,126$60,019$1,269,091
64$2,489,419$275,529$0$1,307,109
65$2,663,846$209,536$0$1,350,838
66$2,853,559$137,805$0$1,408,192
67$3,060,041$59,976$0$1,470,735
68$3,284,919$0$0$1,539,067
69$3,529,987$0$0$1,625,370
70$3,797,217$0$0$1,750,508
71$4,088,780$0$0$1,887,130
72$4,407,067$0$0$2,036,366
73$4,754,707$0$0$2,199,462
74$5,134,598$0$0$2,377,789
75$5,549,927$0$0$2,572,855
76$6,004,205$0$0$2,786,323
77$6,501,298$0$0$3,020,022
78$7,045,460$0$0$3,275,967
79$7,641,380$0$0$3,556,378
80$8,294,218$0$0$3,863,698
81$9,009,658$0$0$4,200,618
82$9,793,959$0$0$4,570,103
83$10,654,018$0$0$4,975,418
84$11,597,425$0$0$5,420,159
85$12,632,547$0$0$5,908,287
86$13,768,595$0$0$6,444,165
87$15,015,716$0$0$7,032,599
88$16,385,090$0$0$7,678,884
89$17,889,030$0$0$8,388,852
90$19,541,101$0$0$9,168,929
91$21,356,245$0$0$10,026,192
92$23,350,926$0$0$10,968,441
93$25,543,279$0$0$12,004,265
94$27,953,285$0$0$13,143,131
95$30,602,955$0$0$14,395,465
96$33,516,543$0$0$15,772,758
97$36,720,768$0$0$17,287,666
98$40,245,068$0$0$18,954,136
99$44,121,878$0$0$20,787,535
100$48,386,935$0$0$22,804,793