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%14.3%
1 years$62,843$62,283$61,737$61,204$60,683$59,604
2 years$31,110$30,531$29,969$29,425$28,897$27,814
3 years$20,534$19,952$19,392$18,853$18,333$17,279
4 years$15,247$14,667$14,112$13,582$13,075$12,059
5 years$12,076$11,499$10,952$10,433$9,940$8,964
6 years$9,962$9,390$8,851$8,343$7,865$6,930
7 years$8,453$7,886$7,355$6,859$6,396$5,503
8 years$7,322$6,759$6,238$5,754$5,306$4,455
9 years$6,442$5,885$5,372$4,901$4,469$3,658
10 years$5,739$5,188$4,684$4,225$3,808$3,038
11 years$5,164$4,618$4,124$3,677$3,275$2,544
12 years$4,686$4,145$3,660$3,225$2,838$2,146
13 years$4,281$3,746$3,270$2,847$2,475$1,820
14 years$3,934$3,405$2,938$2,528$2,169$1,551
15 years$3,634$3,110$2,652$2,254$1,910$1,327
16 years$3,372$2,854$2,405$2,018$1,688$1,138
17 years$3,140$2,628$2,188$1,813$1,497$980
18 years$2,935$2,429$1,998$1,634$1,331$845
19 years$2,751$2,251$1,829$1,477$1,186$730
20 years$2,586$2,092$1,678$1,337$1,060$632
21 years$2,437$1,948$1,544$1,214$948$548
22 years$2,302$1,819$1,423$1,104$850$476
23 years$2,179$1,701$1,314$1,005$763$413
24 years$2,066$1,594$1,215$917$686$359
25 years$1,962$1,496$1,125$837$617$313
26 years$1,866$1,406$1,044$765$556$272
27 years$1,778$1,323$969$701$501$237
28 years$1,696$1,246$901$642$452$207
29 years$1,620$1,176$838$589$408$180
30 years$1,549$1,111$781$540$369$157
31 years$1,483$1,050$728$496$334$137
32 years$1,421$993$679$456$302$120
33 years$1,363$941$634$419$273$105
34 years$1,308$892$593$386$247$92
35 years$1,257$846$554$355$224$80
36 years$1,209$803$518$327$203$70
37 years$1,163$762$485$301$184$61
38 years$1,120$724$454$278$167$53
39 years$1,079$689$426$256$151$47
40 years$1,040$655$399$236$137$41
41 years$1,004$624$374$218$124$36
42 years$969$594$351$201$113$31
43 years$936$566$329$186$102$27
44 years$904$540$309$171$93$24
45 years$874$515$290$158$84$21
46 years$845$491$273$146$77$18
47 years$818$468$256$135$70$16
48 years$792$447$241$125$63$14
49 years$767$427$226$115$57$12
50 years$743$408$213$107$52$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $761,000, adding $6,897 every year, while hoping to spend $20,918 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: 46/49/5 Blend
44$761,000$761,000$761,000$761,000
45$845,736$805,403$793,608$883,199
46$909,745$822,611$797,937$926,848
47$979,581$839,962$801,710$971,413
48$1,055,817$857,439$804,887$1,019,259
49$1,139,084$875,027$807,424$1,070,694
50$1,230,074$892,707$809,276$1,126,058
51$1,329,552$910,460$810,397$1,185,726
52$1,438,358$928,263$810,737$1,250,110
53$1,557,417$946,095$810,243$1,319,665
54$1,687,750$963,930$808,862$1,394,893
55$1,830,478$981,740$806,536$1,476,344
56$1,986,837$999,496$803,206$1,564,627
57$2,158,189$1,017,165$798,808$1,660,413
58$2,346,032$1,034,715$793,276$1,764,442
59$2,552,019$1,052,107$786,542$1,877,526
60$2,777,967$1,069,302$778,534$2,000,564
61$3,025,879$1,086,258$769,174$2,134,546
62$3,297,962$1,102,928$758,385$2,280,563
63$3,596,646$1,119,263$746,083$2,439,816
64$3,924,608$1,135,211$732,180$2,613,632
65$4,284,797$1,150,715$716,587$2,803,471
66$4,680,461$1,165,715$699,208$3,010,945
67$5,115,179$1,180,147$679,943$3,237,829
68$5,592,894$1,193,940$658,687$3,486,082
69$6,117,949$1,207,023$635,333$3,757,861
70$6,695,129$1,219,316$609,765$4,055,547
71$7,329,705$1,230,736$581,866$4,381,761
72$8,027,486$1,241,192$551,509$4,739,397
73$8,794,870$1,250,591$518,565$5,131,642
74$9,638,907$1,258,831$482,898$5,562,011
75$10,567,366$1,265,804$444,365$6,034,380
76$11,588,804$1,271,395$402,818$6,553,019
77$12,712,651$1,275,482$358,101$7,122,639
78$13,949,297$1,277,936$310,053$7,748,431
79$15,310,189$1,278,619$258,504$8,436,119
80$16,807,941$1,277,385$203,277$9,192,013
81$18,456,452$1,274,077$144,187$10,023,068
82$20,271,034$1,268,532$81,042$10,936,954
83$22,268,563$1,260,573$13,640$11,942,123
84$24,467,632$1,250,016$0$13,047,895
85$26,888,727$1,236,663$0$14,267,652
86$29,554,423$1,220,306$0$15,610,589
87$32,489,597$1,200,724$0$17,088,472
88$35,721,658$1,177,682$0$18,715,077
89$39,280,810$1,150,931$0$20,505,586
90$43,200,335$1,120,209$0$22,476,736
91$47,516,908$1,085,238$0$24,646,975
92$52,270,940$1,045,722$0$27,036,637
93$57,506,964$1,001,351$0$29,668,136
94$63,274,051$951,793$0$32,566,177
95$69,626,274$896,700$0$35,757,993
96$76,623,219$835,704$0$39,273,598
97$84,330,546$768,413$0$43,146,078
98$92,820,612$694,415$0$47,411,898
99$102,173,148$613,275$0$52,111,252
100$112,476,014$524,530$0$57,288,441