Can I retire at age 45 with 761,000?

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 $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%18.8%
1 years$62,843$62,283$61,737$61,204$60,683$58,530
2 years$31,110$30,531$29,969$29,425$28,897$26,751
3 years$20,534$19,952$19,392$18,853$18,333$16,261
4 years$15,247$14,667$14,112$13,582$13,075$11,094
5 years$12,076$11,499$10,952$10,433$9,940$8,053
6 years$9,962$9,390$8,851$8,343$7,865$6,075
7 years$8,453$7,886$7,355$6,859$6,396$4,703
8 years$7,322$6,759$6,238$5,754$5,306$3,708
9 years$6,442$5,885$5,372$4,901$4,469$2,963
10 years$5,739$5,188$4,684$4,225$3,808$2,392
11 years$5,164$4,618$4,124$3,677$3,275$1,947
12 years$4,686$4,145$3,660$3,225$2,838$1,594
13 years$4,281$3,746$3,270$2,847$2,475$1,312
14 years$3,934$3,405$2,938$2,528$2,169$1,084
15 years$3,634$3,110$2,652$2,254$1,910$898
16 years$3,372$2,854$2,405$2,018$1,688$746
17 years$3,140$2,628$2,188$1,813$1,497$622
18 years$2,935$2,429$1,998$1,634$1,331$519
19 years$2,751$2,251$1,829$1,477$1,186$433
20 years$2,586$2,092$1,678$1,337$1,060$362
21 years$2,437$1,948$1,544$1,214$948$304
22 years$2,302$1,819$1,423$1,104$850$254
23 years$2,179$1,701$1,314$1,005$763$213
24 years$2,066$1,594$1,215$917$686$179
25 years$1,962$1,496$1,125$837$617$150
26 years$1,866$1,406$1,044$765$556$126
27 years$1,778$1,323$969$701$501$106
28 years$1,696$1,246$901$642$452$89
29 years$1,620$1,176$838$589$408$75
30 years$1,549$1,111$781$540$369$63
31 years$1,483$1,050$728$496$334$53
32 years$1,421$993$679$456$302$45
33 years$1,363$941$634$419$273$38
34 years$1,308$892$593$386$247$32
35 years$1,257$846$554$355$224$27
36 years$1,209$803$518$327$203$22
37 years$1,163$762$485$301$184$19
38 years$1,120$724$454$278$167$16
39 years$1,079$689$426$256$151$13
40 years$1,040$655$399$236$137$11
41 years$1,004$624$374$218$124$9
42 years$969$594$351$201$113$8
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$3
48 years$792$447$241$125$63$3
49 years$767$427$226$115$57$2
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 $4,761 every year, while hoping to spend $22,098 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: 31/42/27 Blend
44$761,000$761,000$761,000$761,000
45$843,533$803,200$791,404$862,578
46$906,061$819,045$794,404$893,498
47$974,227$834,925$796,764$924,485
48$1,048,581$850,820$798,439$957,403
49$1,129,732$866,705$799,382$992,436
50$1,218,347$882,556$799,544$1,029,787
51$1,315,162$898,345$798,873$1,069,682
52$1,420,988$914,043$797,314$1,112,368
53$1,536,716$929,619$794,811$1,158,121
54$1,663,327$945,037$791,304$1,207,245
55$1,801,904$960,261$786,730$1,260,075
56$1,953,637$975,252$781,024$1,316,983
57$2,119,837$989,968$774,117$1,378,378
58$2,301,947$1,004,364$765,937$1,444,714
59$2,501,558$1,018,390$756,408$1,516,491
60$2,720,420$1,031,995$745,451$1,594,264
61$2,960,464$1,045,123$732,985$1,678,643
62$3,223,812$1,057,715$718,921$1,770,303
63$3,512,806$1,069,708$703,169$1,869,992
64$3,830,022$1,081,033$685,635$1,978,533
65$4,178,300$1,091,619$666,220$2,096,837
66$4,560,767$1,101,389$644,818$2,225,910
67$4,980,868$1,110,261$621,323$2,366,862
68$5,442,399$1,118,146$595,620$2,520,919
69$5,949,541$1,124,953$567,591$2,689,436
70$6,506,900$1,130,581$537,111$2,873,908
71$7,119,551$1,134,927$504,051$3,075,987
72$7,793,084$1,137,877$468,275$3,297,494
73$8,533,659$1,139,313$429,643$3,540,443
74$9,348,061$1,139,108$388,004$3,807,055
75$10,243,767$1,137,128$343,206$4,099,781
76$11,229,014$1,133,230$295,087$4,421,328
77$12,312,879$1,127,264$243,478$4,774,683
78$13,505,361$1,119,068$188,202$5,163,142
79$14,817,478$1,108,472$129,077$5,590,343
80$16,261,369$1,095,297$65,910$6,060,300
81$17,850,412$1,079,349$0$6,577,443
82$19,599,344$1,060,428$0$7,147,091
83$21,524,406$1,038,317$0$7,794,496
84$23,643,490$1,012,789$0$8,506,663
85$25,976,314$983,604$0$9,290,219
86$28,544,604$950,506$0$10,152,476
87$31,372,298$913,226$0$11,101,490
88$34,485,776$871,477$0$12,146,147
89$37,914,104$824,958$0$13,296,244
90$41,689,310$773,350$0$14,562,580
91$45,846,689$716,313$0$15,957,063
92$50,425,131$653,491$0$17,492,821
93$55,467,488$584,507$0$19,184,326
94$61,020,985$508,960$0$21,047,535
95$67,137,656$426,430$0$23,100,036
96$73,874,843$336,471$0$25,361,222
97$81,295,730$238,612$0$27,852,470
98$89,469,947$132,355$0$30,597,347
99$98,474,218$17,177$0$33,621,832
100$108,393,092$0$0$36,954,563