Can I retire at age 45 with 761,000?

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 $761,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$62,843$62,283$61,737$61,204$60,683$58,600
2 years$31,110$30,531$29,969$29,425$28,897$26,819
3 years$20,534$19,952$19,392$18,853$18,333$16,327
4 years$15,247$14,667$14,112$13,582$13,075$11,155
5 years$12,076$11,499$10,952$10,433$9,940$8,111
6 years$9,962$9,390$8,851$8,343$7,865$6,129
7 years$8,453$7,886$7,355$6,859$6,396$4,752
8 years$7,322$6,759$6,238$5,754$5,306$3,754
9 years$6,442$5,885$5,372$4,901$4,469$3,005
10 years$5,739$5,188$4,684$4,225$3,808$2,431
11 years$5,164$4,618$4,124$3,677$3,275$1,982
12 years$4,686$4,145$3,660$3,225$2,838$1,626
13 years$4,281$3,746$3,270$2,847$2,475$1,341
14 years$3,934$3,405$2,938$2,528$2,169$1,110
15 years$3,634$3,110$2,652$2,254$1,910$922
16 years$3,372$2,854$2,405$2,018$1,688$768
17 years$3,140$2,628$2,188$1,813$1,497$641
18 years$2,935$2,429$1,998$1,634$1,331$536
19 years$2,751$2,251$1,829$1,477$1,186$449
20 years$2,586$2,092$1,678$1,337$1,060$376
21 years$2,437$1,948$1,544$1,214$948$316
22 years$2,302$1,819$1,423$1,104$850$265
23 years$2,179$1,701$1,314$1,005$763$223
24 years$2,066$1,594$1,215$917$686$188
25 years$1,962$1,496$1,125$837$617$158
26 years$1,866$1,406$1,044$765$556$133
27 years$1,778$1,323$969$701$501$112
28 years$1,696$1,246$901$642$452$94
29 years$1,620$1,176$838$589$408$80
30 years$1,549$1,111$781$540$369$67
31 years$1,483$1,050$728$496$334$57
32 years$1,421$993$679$456$302$48
33 years$1,363$941$634$419$273$40
34 years$1,308$892$593$386$247$34
35 years$1,257$846$554$355$224$29
36 years$1,209$803$518$327$203$24
37 years$1,163$762$485$301$184$20
38 years$1,120$724$454$278$167$17
39 years$1,079$689$426$256$151$14
40 years$1,040$655$399$236$137$12
41 years$1,004$624$374$218$124$10
42 years$969$594$351$201$113$9
43 years$936$566$329$186$102$7
44 years$904$540$309$171$93$6
45 years$874$515$290$158$84$5
46 years$845$491$273$146$77$4
47 years$818$468$256$135$70$4
48 years$792$447$241$125$63$3
49 years$767$427$226$115$57$3
50 years$743$408$213$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $761,000, adding $2,249 every year, while hoping to spend $50,018 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: 67/28/5 Blend
44$761,000$761,000$761,000$761,000
45$840,942$800,609$788,813$896,624
46$873,499$786,620$762,020$919,819
47$907,701$770,269$732,652$938,892
48$943,662$751,388$700,572$958,385
49$981,508$729,798$665,633$978,330
50$1,021,373$705,310$627,684$998,765
51$1,063,408$677,725$586,566$1,019,732
52$1,107,772$646,830$542,112$1,041,281
53$1,154,642$612,402$494,150$1,063,465
54$1,204,211$574,204$442,499$1,086,349
55$1,256,686$531,987$386,969$1,110,004
56$1,312,298$485,484$327,362$1,134,512
57$1,371,297$434,417$263,473$1,159,963
58$1,433,955$378,489$195,086$1,186,463
59$1,500,572$317,389$121,975$1,214,128
60$1,571,476$250,786$43,906$1,243,092
61$1,647,023$178,332$0$1,273,504
62$1,727,607$99,658$0$1,307,635
63$1,813,658$14,375$0$1,346,209
64$1,905,645$0$0$1,387,107
65$2,004,085$0$0$1,454,593
66$2,109,544$0$0$1,531,667
67$2,222,642$0$0$1,614,357
68$2,344,062$0$0$1,703,164
69$2,474,549$0$0$1,798,640
70$2,614,925$0$0$1,901,391
71$2,766,091$0$0$2,012,079
72$2,929,035$0$0$2,131,435
73$3,104,845$0$0$2,260,260
74$3,294,715$0$0$2,399,435
75$3,499,956$0$0$2,549,927
76$3,722,011$0$0$2,712,801
77$3,962,465$0$0$2,889,226
78$4,223,061$0$0$3,080,487
79$4,505,716$0$0$3,287,999
80$4,812,535$0$0$3,513,315
81$5,145,839$0$0$3,758,147
82$5,508,175$0$0$4,024,376
83$5,902,351$0$0$4,314,072
84$6,331,450$0$0$4,629,511
85$6,798,870$0$0$4,973,201
86$7,308,348$0$0$5,347,899
87$7,863,997$0$0$5,756,640
88$8,470,343$0$0$6,202,764
89$9,132,368$0$0$6,689,951
90$9,855,560$0$0$7,222,247
91$10,645,955$0$0$7,804,111
92$11,510,201$0$0$8,440,447
93$12,455,619$0$0$9,136,661
94$13,490,269$0$0$9,898,699
95$14,623,024$0$0$10,733,114
96$15,863,657$0$0$11,647,118
97$17,222,931$0$0$12,648,657
98$18,712,699$0$0$13,746,478
99$20,346,013$0$0$14,950,219
100$22,137,251$0$0$16,270,492