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%18.9%
1 years$62,760$62,201$61,656$61,123$60,603$58,430
2 years$31,069$30,491$29,930$29,386$28,859$26,693
3 years$20,507$19,926$19,367$18,828$18,309$16,218
4 years$15,227$14,648$14,094$13,565$13,058$11,059
5 years$12,060$11,484$10,937$10,419$9,927$8,024
6 years$9,949$9,378$8,839$8,332$7,855$6,050
7 years$8,442$7,875$7,345$6,850$6,388$4,680
8 years$7,312$6,751$6,229$5,746$5,299$3,688
9 years$6,434$5,878$5,365$4,895$4,463$2,945
10 years$5,732$5,181$4,678$4,219$3,803$2,376
11 years$5,157$4,612$4,118$3,672$3,270$1,933
12 years$4,679$4,140$3,655$3,221$2,834$1,581
13 years$4,275$3,741$3,265$2,844$2,471$1,300
14 years$3,929$3,400$2,934$2,524$2,166$1,074
15 years$3,629$3,106$2,649$2,251$1,907$889
16 years$3,367$2,850$2,402$2,016$1,686$738
17 years$3,136$2,625$2,185$1,811$1,495$615
18 years$2,931$2,425$1,995$1,632$1,329$512
19 years$2,748$2,248$1,826$1,475$1,185$428
20 years$2,583$2,089$1,676$1,336$1,058$358
21 years$2,434$1,946$1,542$1,212$947$299
22 years$2,299$1,816$1,421$1,102$849$251
23 years$2,176$1,699$1,312$1,004$762$210
24 years$2,063$1,592$1,213$916$685$176
25 years$1,959$1,494$1,124$836$616$148
26 years$1,864$1,404$1,042$764$555$124
27 years$1,776$1,321$968$700$500$104
28 years$1,694$1,245$900$641$452$87
29 years$1,618$1,174$837$588$408$73
30 years$1,547$1,109$780$540$368$62
31 years$1,481$1,048$727$496$333$52
32 years$1,419$992$678$455$301$44
33 years$1,361$939$633$419$273$37
34 years$1,307$890$592$385$247$31
35 years$1,255$845$553$355$224$26
36 years$1,207$802$518$327$203$22
37 years$1,161$761$484$301$184$18
38 years$1,118$724$454$277$166$15
39 years$1,078$688$425$256$151$13
40 years$1,039$655$398$236$137$11
41 years$1,002$623$374$218$124$9
42 years$968$593$350$201$113$8
43 years$934$565$329$185$102$6
44 years$903$539$309$171$93$5
45 years$873$514$290$158$84$5
46 years$844$490$272$146$77$4
47 years$817$468$256$135$70$3
48 years$791$447$240$125$63$3
49 years$766$427$226$115$57$2
50 years$742$407$212$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $760,000, adding $5,343 every year, while hoping to spend $34,228 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: 53/28/19 Blend
44$760,000$760,000$760,000$760,000
45$843,031$802,751$790,971$883,075
46$892,602$805,668$781,051$914,045
47$946,082$807,580$769,650$943,689
48$1,003,834$808,403$756,685$975,203
49$1,066,255$808,045$742,064$1,008,775
50$1,133,785$806,411$725,695$1,044,615
51$1,206,904$803,398$707,479$1,082,955
52$1,286,141$798,897$687,312$1,124,052
53$1,372,079$792,795$665,089$1,168,191
54$1,465,357$784,968$640,695$1,215,688
55$1,566,680$775,287$614,015$1,266,893
56$1,676,820$763,616$584,923$1,322,193
57$1,796,631$749,808$553,293$1,382,019
58$1,927,049$733,710$518,990$1,446,847
59$2,069,105$715,159$481,873$1,517,202
60$2,223,934$693,982$441,796$1,593,669
61$2,392,784$669,996$398,606$1,676,893
62$2,577,031$643,009$352,142$1,767,589
63$2,778,186$612,814$302,237$1,866,547
64$2,997,916$579,197$248,716$1,974,643
65$3,238,053$541,927$191,398$2,092,844
66$3,500,617$500,764$130,092$2,222,221
67$3,787,829$455,450$64,599$2,363,958
68$4,102,136$405,716$0$2,519,364
69$4,446,232$351,275$0$2,690,959
70$4,823,086$291,825$0$2,893,317
71$5,235,963$227,047$0$3,115,140
72$5,688,464$156,604$0$3,358,433
73$6,184,549$80,141$0$3,625,404
74$6,728,586$0$0$3,918,492
75$7,325,380$0$0$4,241,226
76$7,980,227$0$0$4,622,523
77$8,698,960$0$0$5,041,096
78$9,488,003$0$0$5,500,697
79$10,354,434$0$0$6,005,457
80$11,306,048$0$0$6,559,929
81$12,351,434$0$0$7,169,128
82$13,500,053$0$0$7,838,577
83$14,762,327$0$0$8,574,364
84$16,149,740$0$0$9,383,192
85$17,674,940$0$0$10,272,450
86$19,351,865$0$0$11,250,276
87$21,195,871$0$0$12,325,636
88$23,223,873$0$0$13,508,409
89$25,454,512$0$0$14,809,481
90$27,908,322$0$0$16,240,843
91$30,607,931$0$0$17,815,709
92$33,578,269$0$0$19,548,637
93$36,846,803$0$0$21,455,670
94$40,443,799$0$0$23,554,482
95$44,402,605$0$0$25,864,548
96$48,759,967$0$0$28,407,327
97$53,556,370$0$0$31,206,465
98$58,836,428$0$0$34,288,015
99$64,649,296$0$0$37,680,685
100$71,049,141$0$0$41,416,110