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%15.5%
1 years$62,760$62,201$61,656$61,123$60,603$59,235
2 years$31,069$30,491$29,930$29,386$28,859$27,487
3 years$20,507$19,926$19,367$18,828$18,309$16,977
4 years$15,227$14,648$14,094$13,565$13,058$11,777
5 years$12,060$11,484$10,937$10,419$9,927$8,699
6 years$9,949$9,378$8,839$8,332$7,855$6,682
7 years$8,442$7,875$7,345$6,850$6,388$5,270
8 years$7,312$6,751$6,229$5,746$5,299$4,237
9 years$6,434$5,878$5,365$4,895$4,463$3,454
10 years$5,732$5,181$4,678$4,219$3,803$2,847
11 years$5,157$4,612$4,118$3,672$3,270$2,366
12 years$4,679$4,140$3,655$3,221$2,834$1,980
13 years$4,275$3,741$3,265$2,844$2,471$1,666
14 years$3,929$3,400$2,934$2,524$2,166$1,408
15 years$3,629$3,106$2,649$2,251$1,907$1,195
16 years$3,367$2,850$2,402$2,016$1,686$1,017
17 years$3,136$2,625$2,185$1,811$1,495$867
18 years$2,931$2,425$1,995$1,632$1,329$742
19 years$2,748$2,248$1,826$1,475$1,185$635
20 years$2,583$2,089$1,676$1,336$1,058$545
21 years$2,434$1,946$1,542$1,212$947$468
22 years$2,299$1,816$1,421$1,102$849$402
23 years$2,176$1,699$1,312$1,004$762$346
24 years$2,063$1,592$1,213$916$685$298
25 years$1,959$1,494$1,124$836$616$257
26 years$1,864$1,404$1,042$764$555$222
27 years$1,776$1,321$968$700$500$191
28 years$1,694$1,245$900$641$452$165
29 years$1,618$1,174$837$588$408$143
30 years$1,547$1,109$780$540$368$123
31 years$1,481$1,048$727$496$333$107
32 years$1,419$992$678$455$301$92
33 years$1,361$939$633$419$273$80
34 years$1,307$890$592$385$247$69
35 years$1,255$845$553$355$224$60
36 years$1,207$802$518$327$203$52
37 years$1,161$761$484$301$184$45
38 years$1,118$724$454$277$166$39
39 years$1,078$688$425$256$151$33
40 years$1,039$655$398$236$137$29
41 years$1,002$623$374$218$124$25
42 years$968$593$350$201$113$22
43 years$934$565$329$185$102$19
44 years$903$539$309$171$93$16
45 years$873$514$290$158$84$14
46 years$844$490$272$146$77$12
47 years$817$468$256$135$70$11
48 years$791$447$240$125$63$9
49 years$766$427$226$115$57$8
50 years$742$407$212$107$52$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $760,000, adding $3,112 every year, while hoping to spend $34,354 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: 88/6/6 Blend
44$760,000$760,000$760,000$760,000
45$840,730$800,450$788,670$914,288
46$889,932$803,120$778,538$965,308
47$943,001$804,769$766,915$1,016,265
48$1,000,296$805,311$753,716$1,071,155
49$1,062,210$804,655$738,848$1,130,349
50$1,129,175$802,703$722,220$1,194,255
51$1,201,667$799,351$703,730$1,263,321
52$1,280,209$794,491$683,277$1,338,041
53$1,365,375$788,006$660,752$1,418,958
54$1,457,798$779,773$636,041$1,506,670
55$1,558,172$769,660$609,027$1,601,837
56$1,667,262$757,530$579,586$1,705,184
57$1,785,909$743,236$547,589$1,817,508
58$1,915,039$726,621$512,900$1,939,689
59$2,055,669$707,522$475,379$2,072,696
60$2,208,920$685,764$434,877$2,217,596
61$2,376,026$661,162$391,241$2,375,562
62$2,558,343$633,522$344,310$2,547,890
63$2,757,365$602,635$293,916$2,736,003
64$2,974,737$568,285$239,882$2,941,474
65$3,212,268$530,239$182,027$3,166,031
66$3,471,952$488,253$120,157$3,411,579
67$3,755,983$442,069$54,074$3,680,219
68$4,066,777$391,414$0$3,974,263
69$4,406,993$335,999$0$4,297,313
70$4,779,562$275,518$0$4,654,885
71$5,187,709$209,650$0$5,046,624
72$5,634,987$138,055$0$5,475,952
73$6,125,309$60,372$0$5,946,641
74$6,662,983$0$0$6,462,846
75$7,252,756$0$0$7,030,716
76$7,899,856$0$0$7,658,162
77$8,610,040$0$0$8,346,782
78$9,389,652$0$0$9,102,727
79$10,245,678$0$0$9,932,773
80$11,185,814$0$0$10,844,383
81$12,218,540$0$0$11,845,778
82$13,353,194$0$0$12,946,017
83$14,600,066$0$0$14,155,078
84$15,970,492$0$0$15,483,952
85$17,476,959$0$0$16,944,751
86$19,133,227$0$0$18,550,817
87$20,954,454$0$0$20,316,849
88$22,957,338$0$0$22,259,042
89$25,160,282$0$0$24,395,240
90$27,583,556$0$0$26,745,103
91$30,249,497$0$0$29,330,290
92$33,182,716$0$0$32,174,667
93$36,410,328$0$0$35,304,531
94$39,962,210$0$0$38,748,854
95$43,871,281$0$0$42,539,561
96$48,173,815$0$0$46,711,828
97$52,909,780$0$0$51,304,412
98$58,123,212$0$0$56,360,021
99$63,862,639$0$0$61,925,713
100$70,181,530$0$0$68,053,340