Can I retire at age 45 with 759,000?

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 $759,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$62,678$62,119$61,575$61,043$60,524$58,145
2 years$31,028$30,451$29,891$29,348$28,821$26,454
3 years$20,480$19,900$19,341$18,803$18,285$16,004
4 years$15,207$14,628$14,075$13,547$13,041$10,863
5 years$12,044$11,469$10,923$10,405$9,914$7,844
6 years$9,936$9,365$8,827$8,321$7,844$5,885
7 years$8,431$7,865$7,336$6,841$6,380$4,530
8 years$7,303$6,742$6,221$5,739$5,292$3,550
9 years$6,425$5,870$5,358$4,888$4,457$2,820
10 years$5,724$5,174$4,672$4,214$3,798$2,262
11 years$5,151$4,606$4,113$3,667$3,266$1,829
12 years$4,673$4,134$3,650$3,217$2,830$1,488
13 years$4,269$3,736$3,261$2,840$2,468$1,216
14 years$3,924$3,396$2,930$2,521$2,163$997
15 years$3,624$3,102$2,645$2,248$1,905$821
16 years$3,363$2,846$2,398$2,013$1,684$677
17 years$3,132$2,621$2,182$1,809$1,493$560
18 years$2,927$2,422$1,992$1,630$1,327$464
19 years$2,744$2,245$1,824$1,473$1,183$384
20 years$2,580$2,086$1,674$1,334$1,057$319
21 years$2,431$1,943$1,540$1,211$946$265
22 years$2,296$1,814$1,419$1,101$848$220
23 years$2,173$1,696$1,310$1,002$761$183
24 years$2,060$1,589$1,212$914$684$153
25 years$1,957$1,492$1,122$835$615$127
26 years$1,861$1,402$1,041$763$554$106
27 years$1,773$1,319$967$699$500$88
28 years$1,692$1,243$899$640$451$74
29 years$1,616$1,173$836$587$407$61
30 years$1,545$1,108$779$539$368$51
31 years$1,479$1,047$726$495$333$43
32 years$1,417$991$677$455$301$36
33 years$1,359$938$633$418$272$30
34 years$1,305$889$591$385$247$25
35 years$1,254$843$553$354$223$21
36 years$1,205$801$517$326$202$17
37 years$1,160$760$484$301$183$14
38 years$1,117$723$453$277$166$12
39 years$1,076$687$424$255$151$10
40 years$1,038$654$398$236$137$8
41 years$1,001$622$373$217$124$7
42 years$966$593$350$201$113$6
43 years$933$565$328$185$102$5
44 years$902$538$308$171$93$4
45 years$872$513$289$158$84$3
46 years$843$490$272$146$76$3
47 years$816$467$255$135$69$2
48 years$790$446$240$125$63$2
49 years$765$426$226$115$57$2
50 years$741$407$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 $759,000, adding $4,143 every year, while hoping to spend $24,640 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: 38/45/17 Blend
44$759,000$759,000$759,000$759,000
45$840,692$800,465$788,700$868,194
46$900,225$813,470$788,905$901,327
47$965,006$826,288$788,290$934,452
48$1,035,542$838,882$786,804$969,730
49$1,112,394$851,214$784,388$1,007,368
50$1,196,179$863,244$780,986$1,047,595
51$1,287,575$874,928$776,535$1,090,664
52$1,387,328$886,221$770,970$1,136,854
53$1,496,262$897,072$764,224$1,186,475
54$1,615,282$907,429$756,226$1,239,867
55$1,745,382$917,236$746,902$1,297,409
56$1,887,662$926,431$736,173$1,359,518
57$2,043,328$934,950$723,959$1,426,655
58$2,213,710$942,725$710,175$1,499,330
59$2,400,273$949,683$694,730$1,578,106
60$2,604,629$955,746$677,532$1,663,605
61$2,828,555$960,831$658,483$1,756,515
62$3,074,006$964,851$637,481$1,857,595
63$3,343,137$967,711$614,419$1,967,684
64$3,638,320$969,312$589,185$2,087,711
65$3,962,169$969,548$561,663$2,218,697
66$4,317,561$968,307$531,729$2,361,776
67$4,707,668$965,470$499,258$2,518,194
68$5,135,982$960,910$464,115$2,689,333
69$5,606,350$954,492$426,160$2,876,715
70$6,123,010$946,075$385,249$3,082,023
71$6,690,631$935,506$341,229$3,307,113
72$7,314,357$922,627$293,941$3,554,035
73$7,999,852$907,267$243,220$3,825,054
74$8,753,361$889,246$188,891$4,122,668
75$9,581,759$868,375$130,774$4,449,636
76$10,492,624$844,451$68,680$4,809,002
77$11,494,303$817,260$2,413$5,204,126
78$12,595,993$786,577$0$5,638,717
79$13,807,828$752,163$0$6,129,258
80$15,140,972$713,764$0$6,669,149
81$16,607,726$671,114$0$7,262,975
82$18,221,643$623,928$0$7,916,278
83$19,997,658$571,908$0$8,635,170
84$21,952,225$514,737$0$9,426,393
85$24,103,474$452,082$0$10,297,381
86$26,471,383$383,588$0$11,256,331
87$29,077,963$308,882$0$12,312,286
88$31,947,468$227,571$0$13,475,216
89$35,106,625$139,237$0$14,756,114
90$38,584,883$43,441$0$16,167,107
91$42,414,690$0$0$17,721,562
92$46,631,803$0$0$19,464,071
93$51,275,622$0$0$21,406,718
94$56,389,563$0$0$23,546,170
95$62,021,467$0$0$25,902,459
96$68,224,050$0$0$28,497,658
97$75,055,404$0$0$31,356,093
98$82,579,539$0$0$34,504,565
99$90,866,993$0$0$37,972,611
100$99,995,494$0$0$41,792,779