Can I retire at age 45 with 760,000?

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 $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%18.1%
1 years$62,760$62,201$61,656$61,123$60,603$58,617
2 years$31,069$30,491$29,930$29,386$28,859$26,876
3 years$20,507$19,926$19,367$18,828$18,309$16,393
4 years$15,227$14,648$14,094$13,565$13,058$11,223
5 years$12,060$11,484$10,937$10,419$9,927$8,177
6 years$9,949$9,378$8,839$8,332$7,855$6,192
7 years$8,442$7,875$7,345$6,850$6,388$4,813
8 years$7,312$6,751$6,229$5,746$5,299$3,810
9 years$6,434$5,878$5,365$4,895$4,463$3,058
10 years$5,732$5,181$4,678$4,219$3,803$2,480
11 years$5,157$4,612$4,118$3,672$3,270$2,027
12 years$4,679$4,140$3,655$3,221$2,834$1,668
13 years$4,275$3,741$3,265$2,844$2,471$1,379
14 years$3,929$3,400$2,934$2,524$2,166$1,145
15 years$3,629$3,106$2,649$2,251$1,907$954
16 years$3,367$2,850$2,402$2,016$1,686$796
17 years$3,136$2,625$2,185$1,811$1,495$667
18 years$2,931$2,425$1,995$1,632$1,329$559
19 years$2,748$2,248$1,826$1,475$1,185$470
20 years$2,583$2,089$1,676$1,336$1,058$395
21 years$2,434$1,946$1,542$1,212$947$333
22 years$2,299$1,816$1,421$1,102$849$280
23 years$2,176$1,699$1,312$1,004$762$236
24 years$2,063$1,592$1,213$916$685$199
25 years$1,959$1,494$1,124$836$616$168
26 years$1,864$1,404$1,042$764$555$142
27 years$1,776$1,321$968$700$500$120
28 years$1,694$1,245$900$641$452$102
29 years$1,618$1,174$837$588$408$86
30 years$1,547$1,109$780$540$368$73
31 years$1,481$1,048$727$496$333$61
32 years$1,419$992$678$455$301$52
33 years$1,361$939$633$419$273$44
34 years$1,307$890$592$385$247$37
35 years$1,255$845$553$355$224$31
36 years$1,207$802$518$327$203$27
37 years$1,161$761$484$301$184$23
38 years$1,118$724$454$277$166$19
39 years$1,078$688$425$256$151$16
40 years$1,039$655$398$236$137$14
41 years$1,002$623$374$218$124$12
42 years$968$593$350$201$113$10
43 years$934$565$329$185$102$8
44 years$903$539$309$171$93$7
45 years$873$514$290$158$84$6
46 years$844$490$272$146$77$5
47 years$817$468$256$135$70$4
48 years$791$447$240$125$63$4
49 years$766$427$226$115$57$3
50 years$742$407$212$107$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $760,000, adding $3,800 every year, while hoping to spend $57,832 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: 41/43/16 Blend
44$760,000$760,000$760,000$760,000
45$841,440$801,160$789,380$871,823
46$865,734$778,884$754,291$871,416
47$890,568$753,578$716,089$865,037
48$915,935$725,033$674,607$856,900
49$941,828$693,027$629,674$846,872
50$968,234$657,325$581,108$834,813
51$995,140$617,680$528,721$820,574
52$1,022,526$573,828$472,315$803,995
53$1,050,371$525,493$411,685$784,907
54$1,078,648$472,382$346,616$763,131
55$1,107,326$414,184$276,883$738,475
56$1,136,366$350,572$202,251$710,736
57$1,165,725$281,199$122,477$679,698
58$1,195,352$205,702$37,303$645,131
59$1,225,190$123,692$0$606,791
60$1,255,169$34,764$0$573,567
61$1,285,215$0$0$543,423
62$1,315,239$0$0$538,848
63$1,345,141$0$0$550,613
64$1,374,810$0$0$562,218
65$1,404,117$0$0$573,602
66$1,432,920$0$0$584,701
67$1,461,056$0$0$595,438
68$1,488,345$0$0$605,729
69$1,514,583$0$0$615,482
70$1,539,541$0$0$624,590
71$1,562,964$0$0$632,936
72$1,584,568$0$0$640,390
73$1,604,035$0$0$646,806
74$1,621,009$0$0$652,020
75$1,635,095$0$0$655,853
76$1,645,854$0$0$658,102
77$1,652,795$0$0$658,544
78$1,655,375$0$0$656,931
79$1,652,988$0$0$652,986
80$1,644,965$0$0$646,404
81$1,630,559$0$0$636,845
82$1,608,944$0$0$623,933
83$1,579,206$0$0$607,251
84$1,540,327$0$0$586,338
85$1,491,185$0$0$560,682
86$1,430,532$0$0$529,716
87$1,356,992$0$0$492,815
88$1,269,037$0$0$449,286
89$1,164,981$0$0$398,363
90$1,042,955$0$0$339,197
91$900,896$0$0$270,853
92$736,522$0$0$192,295
93$547,308$0$0$102,380
94$330,468$0$0$0
95$82,922$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0