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%19.5%
1 years$62,678$62,119$61,575$61,043$60,524$58,214
2 years$31,028$30,451$29,891$29,348$28,821$26,521
3 years$20,480$19,900$19,341$18,803$18,285$16,068
4 years$15,207$14,628$14,075$13,547$13,041$10,923
5 years$12,044$11,469$10,923$10,405$9,914$7,900
6 years$9,936$9,365$8,827$8,321$7,844$5,937
7 years$8,431$7,865$7,336$6,841$6,380$4,577
8 years$7,303$6,742$6,221$5,739$5,292$3,594
9 years$6,425$5,870$5,358$4,888$4,457$2,860
10 years$5,724$5,174$4,672$4,214$3,798$2,299
11 years$5,151$4,606$4,113$3,667$3,266$1,862
12 years$4,673$4,134$3,650$3,217$2,830$1,518
13 years$4,269$3,736$3,261$2,840$2,468$1,243
14 years$3,924$3,396$2,930$2,521$2,163$1,022
15 years$3,624$3,102$2,645$2,248$1,905$843
16 years$3,363$2,846$2,398$2,013$1,684$697
17 years$3,132$2,621$2,182$1,809$1,493$577
18 years$2,927$2,422$1,992$1,630$1,327$479
19 years$2,744$2,245$1,824$1,473$1,183$398
20 years$2,580$2,086$1,674$1,334$1,057$331
21 years$2,431$1,943$1,540$1,211$946$276
22 years$2,296$1,814$1,419$1,101$848$230
23 years$2,173$1,696$1,310$1,002$761$192
24 years$2,060$1,589$1,212$914$684$160
25 years$1,957$1,492$1,122$835$615$134
26 years$1,861$1,402$1,041$763$554$112
27 years$1,773$1,319$967$699$500$93
28 years$1,692$1,243$899$640$451$78
29 years$1,616$1,173$836$587$407$65
30 years$1,545$1,108$779$539$368$54
31 years$1,479$1,047$726$495$333$46
32 years$1,417$991$677$455$301$38
33 years$1,359$938$633$418$272$32
34 years$1,305$889$591$385$247$27
35 years$1,254$843$553$354$223$22
36 years$1,205$801$517$326$202$19
37 years$1,160$760$484$301$183$16
38 years$1,117$723$453$277$166$13
39 years$1,076$687$424$255$151$11
40 years$1,038$654$398$236$137$9
41 years$1,001$622$373$217$124$8
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$4
46 years$843$490$272$146$76$3
47 years$816$467$255$135$69$3
48 years$790$446$240$125$63$2
49 years$765$426$226$115$57$2
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 $2,994 every year, while hoping to spend $38,851 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: 24/49/27 Blend
44$759,000$759,000$759,000$759,000
45$839,506$799,279$787,515$852,445
46$883,799$797,107$772,559$861,425
47$931,307$793,526$755,801$867,548
48$982,318$788,426$737,138$873,287
49$1,037,146$781,691$716,464$878,637
50$1,096,138$773,197$693,669$883,595
51$1,159,673$762,813$668,635$888,160
52$1,228,169$750,399$641,243$892,339
53$1,302,082$735,808$611,365$896,141
54$1,381,916$718,885$578,868$899,582
55$1,468,225$699,464$543,613$902,684
56$1,561,616$677,369$505,456$905,479
57$1,662,757$652,417$464,245$908,005
58$1,772,383$624,410$419,822$910,313
59$1,891,302$593,142$372,022$912,463
60$2,020,401$558,393$320,671$914,528
61$2,160,659$519,931$265,591$916,600
62$2,313,150$477,511$206,591$918,782
63$2,479,056$430,873$143,477$921,200
64$2,659,678$379,745$76,042$924,000
65$2,856,448$323,835$4,072$927,351
66$3,070,941$262,839$0$931,452
67$3,304,891$196,432$0$957,483
68$3,560,207$124,274$0$987,366
69$3,838,989$46,004$0$1,020,296
70$4,143,549$0$0$1,056,689
71$4,476,434$0$0$1,117,909
72$4,840,445$0$0$1,212,103
73$5,238,669$0$0$1,315,280
74$5,674,503$0$0$1,428,337
75$6,151,690$0$0$1,552,261
76$6,674,349$0$0$1,688,139
77$7,247,017$0$0$1,837,170
78$7,874,692$0$0$2,000,673
79$8,562,877$0$0$2,180,100
80$9,317,633$0$0$2,377,053
81$10,145,636$0$0$2,593,294
82$11,054,241$0$0$2,830,766
83$12,051,546$0$0$3,091,608
84$13,146,474$0$0$3,378,177
85$14,348,853$0$0$3,693,070
86$15,669,511$0$0$4,039,148
87$17,120,373$0$0$4,419,560
88$18,714,580$0$0$4,837,780
89$20,466,605$0$0$5,297,633
90$22,392,395$0$0$5,803,331
91$24,509,520$0$0$6,359,520
92$26,837,334$0$0$6,971,313
93$29,397,161$0$0$7,644,347
94$32,212,498$0$0$8,384,833
95$35,309,229$0$0$9,199,613
96$38,715,874$0$0$10,096,225
97$42,463,858$0$0$11,082,976
98$46,587,804$0$0$12,169,020
99$51,125,861$0$0$13,364,440
100$56,120,061$0$0$14,680,351