Can I retire at age 45 with 760,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$62,760$62,201$61,656$61,123$60,603$59,331
2 years$31,069$30,491$29,930$29,386$28,859$27,583
3 years$20,507$19,926$19,367$18,828$18,309$17,070
4 years$15,227$14,648$14,094$13,565$13,058$11,865
5 years$12,060$11,484$10,937$10,419$9,927$8,782
6 years$9,949$9,378$8,839$8,332$7,855$6,761
7 years$8,442$7,875$7,345$6,850$6,388$5,345
8 years$7,312$6,751$6,229$5,746$5,299$4,306
9 years$6,434$5,878$5,365$4,895$4,463$3,520
10 years$5,732$5,181$4,678$4,219$3,803$2,908
11 years$5,157$4,612$4,118$3,672$3,270$2,423
12 years$4,679$4,140$3,655$3,221$2,834$2,033
13 years$4,275$3,741$3,265$2,844$2,471$1,715
14 years$3,929$3,400$2,934$2,524$2,166$1,454
15 years$3,629$3,106$2,649$2,251$1,907$1,237
16 years$3,367$2,850$2,402$2,016$1,686$1,055
17 years$3,136$2,625$2,185$1,811$1,495$903
18 years$2,931$2,425$1,995$1,632$1,329$774
19 years$2,748$2,248$1,826$1,475$1,185$665
20 years$2,583$2,089$1,676$1,336$1,058$572
21 years$2,434$1,946$1,542$1,212$947$493
22 years$2,299$1,816$1,421$1,102$849$425
23 years$2,176$1,699$1,312$1,004$762$367
24 years$2,063$1,592$1,213$916$685$317
25 years$1,959$1,494$1,124$836$616$274
26 years$1,864$1,404$1,042$764$555$238
27 years$1,776$1,321$968$700$500$206
28 years$1,694$1,245$900$641$452$178
29 years$1,618$1,174$837$588$408$154
30 years$1,547$1,109$780$540$368$134
31 years$1,481$1,048$727$496$333$116
32 years$1,419$992$678$455$301$101
33 years$1,361$939$633$419$273$87
34 years$1,307$890$592$385$247$76
35 years$1,255$845$553$355$224$66
36 years$1,207$802$518$327$203$57
37 years$1,161$761$484$301$184$50
38 years$1,118$724$454$277$166$43
39 years$1,078$688$425$256$151$37
40 years$1,039$655$398$236$137$32
41 years$1,002$623$374$218$124$28
42 years$968$593$350$201$113$24
43 years$934$565$329$185$102$21
44 years$903$539$309$171$93$18
45 years$873$514$290$158$84$16
46 years$844$490$272$146$77$14
47 years$817$468$256$135$70$12
48 years$791$447$240$125$63$10
49 years$766$427$226$115$57$9
50 years$742$407$212$107$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $760,000, adding $3,839 every year, while hoping to spend $34,260 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: 81/10/9 Blend
44$760,000$760,000$760,000$760,000
45$841,480$801,200$789,420$908,237
46$890,859$804,006$779,413$955,336
47$944,125$805,802$767,923$1,002,106
48$1,001,641$806,501$754,863$1,052,412
49$1,063,802$806,013$740,144$1,106,588
50$1,131,043$804,241$723,672$1,165,005
51$1,203,842$801,082$705,348$1,228,069
52$1,282,726$796,427$685,070$1,296,229
53$1,368,273$790,161$662,729$1,369,980
54$1,461,120$782,161$638,213$1,449,866
55$1,561,965$772,298$611,404$1,536,488
56$1,671,578$760,434$582,179$1,630,505
57$1,790,806$746,422$550,409$1,732,648
58$1,920,581$730,109$515,959$1,843,717
59$2,061,926$711,330$478,690$1,964,599
60$2,215,970$689,913$438,454$2,096,269
61$2,383,954$665,674$395,097$2,239,800
62$2,567,244$638,419$348,460$2,396,376
63$2,767,344$607,942$298,374$2,567,304
64$2,985,908$574,026$244,664$2,754,022
65$3,224,759$536,442$187,149$2,958,114
66$3,485,903$494,946$125,637$3,181,330
67$3,771,549$449,282$59,930$3,425,594
68$4,084,128$399,178$0$3,693,030
69$4,426,318$344,347$0$3,986,958
70$4,801,069$284,486$0$4,315,183
71$5,211,627$219,275$0$4,674,808
72$5,661,569$148,375$0$5,068,991
73$6,154,833$71,429$0$5,501,211
74$6,695,757$0$0$5,975,298
75$7,289,118$0$0$6,496,791
76$7,940,181$0$0$7,077,639
77$8,654,740$0$0$7,715,156
78$9,439,181$0$0$8,415,042
79$10,300,537$0$0$9,183,573
80$11,246,556$0$0$10,027,665
81$12,285,773$0$0$10,954,937
82$13,427,590$0$0$11,973,781
83$14,682,366$0$0$13,093,442
84$16,061,512$0$0$14,324,107
85$17,577,599$0$0$15,676,996
86$19,244,478$0$0$17,164,472
87$21,077,408$0$0$18,800,156
88$23,093,202$0$0$20,599,054
89$25,310,383$0$0$22,577,701
90$27,749,359$0$0$24,754,312
91$30,432,616$0$0$27,148,958
92$33,384,930$0$0$29,783,754
93$36,633,597$0$0$32,683,066
94$40,208,695$0$0$35,873,741
95$44,143,366$0$0$39,385,360
96$48,474,124$0$0$43,250,518
97$53,241,206$0$0$47,505,129
98$58,488,946$0$0$52,188,767
99$64,266,195$0$0$57,345,037
100$70,626,782$0$0$63,021,986