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%18.2%
1 years$62,678$62,119$61,575$61,043$60,524$58,516
2 years$31,028$30,451$29,891$29,348$28,821$26,818
3 years$20,480$19,900$19,341$18,803$18,285$16,349
4 years$15,207$14,628$14,075$13,547$13,041$11,187
5 years$12,044$11,469$10,923$10,405$9,914$8,147
6 years$9,936$9,365$8,827$8,321$7,844$6,166
7 years$8,431$7,865$7,336$6,841$6,380$4,790
8 years$7,303$6,742$6,221$5,739$5,292$3,790
9 years$6,425$5,870$5,358$4,888$4,457$3,040
10 years$5,724$5,174$4,672$4,214$3,798$2,463
11 years$5,151$4,606$4,113$3,667$3,266$2,012
12 years$4,673$4,134$3,650$3,217$2,830$1,654
13 years$4,269$3,736$3,261$2,840$2,468$1,367
14 years$3,924$3,396$2,930$2,521$2,163$1,134
15 years$3,624$3,102$2,645$2,248$1,905$944
16 years$3,363$2,846$2,398$2,013$1,684$788
17 years$3,132$2,621$2,182$1,809$1,493$659
18 years$2,927$2,422$1,992$1,630$1,327$552
19 years$2,744$2,245$1,824$1,473$1,183$464
20 years$2,580$2,086$1,674$1,334$1,057$390
21 years$2,431$1,943$1,540$1,211$946$328
22 years$2,296$1,814$1,419$1,101$848$276
23 years$2,173$1,696$1,310$1,002$761$233
24 years$2,060$1,589$1,212$914$684$196
25 years$1,957$1,492$1,122$835$615$165
26 years$1,861$1,402$1,041$763$554$140
27 years$1,773$1,319$967$699$500$118
28 years$1,692$1,243$899$640$451$100
29 years$1,616$1,173$836$587$407$84
30 years$1,545$1,108$779$539$368$71
31 years$1,479$1,047$726$495$333$60
32 years$1,417$991$677$455$301$51
33 years$1,359$938$633$418$272$43
34 years$1,305$889$591$385$247$36
35 years$1,254$843$553$354$223$31
36 years$1,205$801$517$326$202$26
37 years$1,160$760$484$301$183$22
38 years$1,117$723$453$277$166$19
39 years$1,076$687$424$255$151$16
40 years$1,038$654$398$236$137$13
41 years$1,001$622$373$217$124$11
42 years$966$593$350$201$113$10
43 years$933$565$328$185$102$8
44 years$902$538$308$171$93$7
45 years$872$513$289$158$84$6
46 years$843$490$272$146$76$5
47 years$816$467$255$135$69$4
48 years$790$446$240$125$63$3
49 years$765$426$226$115$57$3
50 years$741$407$212$106$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $759,000, adding $3,137 every year, while hoping to spend $57,238 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: 76/16/8 Blend
44$759,000$759,000$759,000$759,000
45$839,654$799,427$787,662$902,242
46$864,398$777,698$753,148$922,111
47$889,747$752,986$715,560$936,255
48$915,703$725,084$674,733$950,110
49$942,266$693,774$630,497$963,624
50$969,433$658,825$582,674$976,742
51$997,198$619,991$531,078$989,403
52$1,025,556$577,014$475,512$1,001,544
53$1,054,496$529,620$415,775$1,013,091
54$1,084,004$477,521$351,653$1,023,968
55$1,114,063$420,410$282,924$1,034,092
56$1,144,652$357,965$209,356$1,043,371
57$1,175,745$289,844$130,708$1,051,706
58$1,207,311$215,687$46,728$1,058,991
59$1,239,314$135,113$0$1,065,109
60$1,271,710$47,719$0$1,073,596
61$1,304,450$0$0$1,085,148
62$1,337,473$0$0$1,103,908
63$1,370,715$0$0$1,131,236
64$1,404,096$0$0$1,158,666
65$1,437,530$0$0$1,186,123
66$1,470,916$0$0$1,213,522
67$1,504,141$0$0$1,240,769
68$1,537,074$0$0$1,267,753
69$1,569,572$0$0$1,294,354
70$1,601,469$0$0$1,320,433
71$1,632,582$0$0$1,345,834
72$1,662,702$0$0$1,370,384
73$1,691,599$0$0$1,393,887
74$1,719,010$0$0$1,416,125
75$1,744,646$0$0$1,436,853
76$1,768,182$0$0$1,455,798
77$1,789,253$0$0$1,472,655
78$1,807,457$0$0$1,487,086
79$1,822,342$0$0$1,498,711
80$1,833,406$0$0$1,507,111
81$1,840,093$0$0$1,511,816
82$1,841,781$0$0$1,512,307
83$1,837,783$0$0$1,508,007
84$1,827,333$0$0$1,498,273
85$1,809,584$0$0$1,482,394
86$1,783,593$0$0$1,459,582
87$1,748,319$0$0$1,428,961
88$1,702,605$0$0$1,389,563
89$1,645,170$0$0$1,340,314
90$1,574,598$0$0$1,280,026
91$1,489,319$0$0$1,207,382
92$1,387,595$0$0$1,120,928
93$1,267,506$0$0$1,019,053
94$1,126,927$0$0$899,976
95$963,508$0$0$761,729
96$774,652$0$0$602,133
97$557,488$0$0$418,784
98$308,844$0$0$209,024
99$25,214$0$0$0
100$0$0$0$0