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%14.6%
1 years$62,595$62,037$61,493$60,962$60,444$59,296
2 years$30,988$30,410$29,851$29,309$28,783$27,631
3 years$20,453$19,874$19,316$18,778$18,261$17,141
4 years$15,187$14,609$14,057$13,529$13,024$11,944
5 years$12,028$11,454$10,909$10,391$9,901$8,865
6 years$9,923$9,353$8,816$8,310$7,834$6,843
7 years$8,420$7,855$7,326$6,832$6,371$5,425
8 years$7,293$6,733$6,213$5,731$5,285$4,384
9 years$6,417$5,862$5,351$4,882$4,451$3,593
10 years$5,717$5,167$4,665$4,208$3,793$2,978
11 years$5,144$4,600$4,107$3,662$3,262$2,490
12 years$4,667$4,129$3,645$3,212$2,827$2,096
13 years$4,264$3,731$3,257$2,836$2,465$1,774
14 years$3,919$3,392$2,926$2,518$2,161$1,509
15 years$3,620$3,098$2,642$2,245$1,902$1,288
16 years$3,358$2,843$2,395$2,010$1,681$1,103
17 years$3,128$2,618$2,180$1,806$1,491$947
18 years$2,923$2,419$1,990$1,628$1,326$815
19 years$2,741$2,242$1,821$1,471$1,181$703
20 years$2,576$2,083$1,672$1,332$1,055$607
21 years$2,428$1,941$1,538$1,209$944$525
22 years$2,293$1,811$1,417$1,099$847$455
23 years$2,170$1,694$1,308$1,001$760$394
24 years$2,058$1,587$1,210$913$683$342
25 years$1,954$1,490$1,121$834$615$297
26 years$1,859$1,400$1,040$762$554$258
27 years$1,771$1,318$965$698$499$224
28 years$1,689$1,242$897$639$450$195
29 years$1,614$1,171$835$586$407$170
30 years$1,543$1,106$778$538$367$148
31 years$1,477$1,046$725$494$332$129
32 years$1,415$989$677$454$301$112
33 years$1,357$937$632$418$272$98
34 years$1,303$888$590$384$246$85
35 years$1,252$842$552$354$223$74
36 years$1,204$799$516$326$202$65
37 years$1,158$759$483$300$183$56
38 years$1,115$722$452$277$166$49
39 years$1,075$686$424$255$151$43
40 years$1,036$653$397$235$137$37
41 years$1,000$621$373$217$124$33
42 years$965$592$349$200$112$28
43 years$932$564$328$185$102$25
44 years$901$538$308$171$93$22
45 years$871$513$289$158$84$19
46 years$842$489$271$146$76$16
47 years$815$467$255$135$69$14
48 years$789$445$240$124$63$13
49 years$764$425$225$115$57$11
50 years$740$406$212$106$52$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $758,000, adding $5,363 every year, while hoping to spend $41,012 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: 66/16/18 Blend
44$758,000$758,000$758,000$758,000
45$840,848$800,674$788,925$892,265
46$882,978$796,271$771,717$922,959
47$928,031$790,277$752,559$951,268
48$976,261$782,571$731,341$981,222
49$1,027,948$773,026$707,949$1,012,980
50$1,083,399$761,504$682,266$1,046,721
51$1,142,950$747,862$654,166$1,082,643
52$1,206,969$731,946$623,519$1,120,964
53$1,275,864$713,595$590,190$1,161,926
54$1,350,077$692,636$554,037$1,205,798
55$1,430,099$668,889$514,911$1,252,878
56$1,516,465$642,161$472,657$1,303,495
57$1,609,767$612,250$427,113$1,358,015
58$1,710,652$578,939$378,110$1,416,841
59$1,819,833$542,001$325,472$1,480,420
60$1,938,093$501,197$269,012$1,549,249
61$2,066,295$456,271$208,540$1,623,874
62$2,205,383$406,955$143,853$1,704,903
63$2,356,401$352,965$74,741$1,793,006
64$2,520,495$294,000$985$1,888,926
65$2,698,923$229,744$0$1,993,483
66$2,893,073$159,862$0$2,122,515
67$3,104,471$83,999$0$2,263,268
68$3,334,795$1,783$0$2,416,711
69$3,585,893$0$0$2,584,123
70$3,859,797$0$0$2,782,260
71$4,158,746$0$0$2,998,903
72$4,485,203$0$0$3,235,528
73$4,841,880$0$0$3,494,107
74$5,231,763$0$0$3,776,810
75$5,658,138$0$0$4,086,028
76$6,124,625$0$0$4,424,392
77$6,635,207$0$0$4,794,798
78$7,194,275$0$0$5,200,439
79$7,806,658$0$0$5,644,827
80$8,477,680$0$0$6,131,831
81$9,213,200$0$0$6,665,714
82$10,019,674$0$0$7,251,168
83$10,904,210$0$0$7,893,364
84$11,874,638$0$0$8,597,995
85$12,939,583$0$0$9,371,333
86$14,108,545$0$0$10,220,286
87$15,391,988$0$0$11,152,464
88$16,801,441$0$0$12,176,251
89$18,349,601$0$0$13,300,879
90$20,050,457$0$0$14,536,524
91$21,919,420$0$0$15,894,391
92$23,973,468$0$0$17,386,828
93$26,231,304$0$0$19,027,436
94$28,713,534$0$0$20,831,202
95$31,442,861$0$0$22,814,635
96$34,444,297$0$0$24,995,926
97$37,745,398$0$0$27,395,116
98$41,376,527$0$0$30,034,285
99$45,371,135$0$0$32,937,764
100$49,766,081$0$0$36,132,356