Can I retire at age 45 with 762,000?

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 $762,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$62,925$62,365$61,818$61,284$60,763$59,174
2 years$31,151$30,571$30,009$29,464$28,935$27,345
3 years$20,561$19,978$19,418$18,878$18,357$16,816
4 years$15,267$14,686$14,131$13,600$13,093$11,612
5 years$12,092$11,514$10,966$10,446$9,953$8,537
6 years$9,975$9,402$8,862$8,354$7,875$6,525
7 years$8,464$7,896$7,365$6,868$6,405$5,121
8 years$7,331$6,768$6,246$5,762$5,313$4,095
9 years$6,451$5,893$5,380$4,908$4,475$3,320
10 years$5,747$5,194$4,690$4,230$3,813$2,721
11 years$5,171$4,624$4,129$3,682$3,279$2,249
12 years$4,692$4,151$3,664$3,229$2,841$1,871
13 years$4,286$3,751$3,274$2,851$2,478$1,565
14 years$3,939$3,409$2,942$2,531$2,172$1,315
15 years$3,639$3,115$2,656$2,257$1,912$1,108
16 years$3,376$2,858$2,408$2,021$1,690$937
17 years$3,144$2,632$2,191$1,816$1,499$794
18 years$2,939$2,432$2,000$1,636$1,333$675
19 years$2,755$2,254$1,831$1,479$1,188$574
20 years$2,590$2,094$1,680$1,339$1,061$489
21 years$2,441$1,951$1,546$1,215$949$417
22 years$2,305$1,821$1,425$1,105$851$356
23 years$2,181$1,703$1,315$1,006$764$304
24 years$2,068$1,596$1,217$918$687$260
25 years$1,965$1,497$1,127$838$618$223
26 years$1,869$1,407$1,045$766$557$191
27 years$1,780$1,325$970$702$502$163
28 years$1,698$1,248$902$643$453$140
29 years$1,622$1,177$839$589$409$120
30 years$1,551$1,112$782$541$369$103
31 years$1,485$1,051$729$497$334$88
32 years$1,423$995$680$457$302$76
33 years$1,365$942$635$420$273$65
34 years$1,310$893$593$386$248$56
35 years$1,259$847$555$356$224$48
36 years$1,210$804$519$328$203$41
37 years$1,165$763$486$302$184$35
38 years$1,121$725$455$278$167$30
39 years$1,080$690$426$256$151$26
40 years$1,042$656$399$237$137$22
41 years$1,005$625$375$218$125$19
42 years$970$595$351$201$113$17
43 years$937$567$330$186$103$14
44 years$905$540$309$172$93$12
45 years$875$515$291$159$85$10
46 years$847$492$273$146$77$9
47 years$819$469$256$135$70$8
48 years$793$448$241$125$63$7
49 years$768$428$226$116$57$6
50 years$744$409$213$107$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $762,000, adding $4,505 every year, while hoping to spend $32,180 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: 23/49/28 Blend
44$762,000$762,000$762,000$762,000
45$844,371$803,985$792,174$856,246
46$896,257$809,141$784,472$872,029
47$952,358$813,471$775,434$885,920
48$1,013,068$816,901$764,981$900,109
49$1,078,823$819,351$753,030$914,641
50$1,150,102$820,738$739,495$929,571
51$1,227,429$820,971$724,286$944,958
52$1,311,385$819,957$707,307$960,875
53$1,402,605$817,594$688,461$977,401
54$1,501,790$813,774$667,643$994,629
55$1,609,709$808,386$644,746$1,012,665
56$1,727,210$801,308$619,655$1,031,629
57$1,855,226$792,412$592,254$1,051,657
58$1,994,782$781,563$562,417$1,072,905
59$2,147,007$768,618$530,017$1,095,547
60$2,313,146$753,424$494,916$1,119,781
61$2,494,566$735,821$456,975$1,145,831
62$2,692,774$715,638$416,045$1,173,948
63$2,909,427$692,694$371,973$1,204,415
64$3,146,351$666,799$324,597$1,237,549
65$3,405,557$637,750$273,749$1,273,709
66$3,689,258$605,334$219,254$1,313,294
67$3,999,890$569,323$160,927$1,356,753
68$4,340,139$529,480$98,577$1,404,587
69$4,712,959$485,550$32,006$1,457,358
70$5,121,605$437,267$0$1,515,694
71$5,569,663$384,347$0$1,591,958
72$6,061,081$326,493$0$1,686,230
73$6,600,209$263,388$0$1,789,879
74$7,191,835$194,699$0$1,903,947
75$7,841,237$120,074$0$2,029,588
76$8,554,227$39,142$0$2,168,086
77$9,337,207$0$0$2,320,860
78$10,197,230$0$0$2,515,631
79$11,142,066$0$0$2,752,936
80$12,180,274$0$0$3,013,840
81$13,321,283$0$0$3,300,729
82$14,575,481$0$0$3,616,234
83$15,954,314$0$0$3,963,254
84$17,470,390$0$0$4,344,982
85$19,137,600$0$0$4,764,937
86$20,971,251$0$0$5,226,995
87$22,988,206$0$0$5,735,428
88$25,207,043$0$0$6,294,943
89$27,648,234$0$0$6,910,725
90$30,334,333$0$0$7,588,488
91$33,290,193$0$0$8,334,529
92$36,543,196$0$0$9,155,784
93$40,123,514$0$0$10,059,898
94$44,064,390$0$0$11,055,294
95$48,402,457$0$0$12,151,253
96$53,178,077$0$0$13,358,001
97$58,435,725$0$0$14,686,808
98$64,224,408$0$0$16,150,092
99$70,598,126$0$0$17,761,536
100$77,616,383$0$0$19,536,216