Can I retire at age 45 with 763,000?

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 $763,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$63,008$62,447$61,899$61,365$60,843$59,444
2 years$31,192$30,611$30,048$29,502$28,973$27,572
3 years$20,588$20,005$19,443$18,902$18,381$17,021
4 years$15,287$14,706$14,150$13,618$13,110$11,801
5 years$12,107$11,529$10,981$10,460$9,966$8,712
6 years$9,988$9,415$8,874$8,365$7,886$6,689
7 years$8,475$7,906$7,374$6,877$6,413$5,273
8 years$7,341$6,777$6,254$5,769$5,320$4,236
9 years$6,459$5,901$5,387$4,914$4,480$3,452
10 years$5,754$5,201$4,696$4,236$3,818$2,843
11 years$5,178$4,630$4,134$3,687$3,283$2,362
12 years$4,698$4,156$3,669$3,234$2,845$1,975
13 years$4,292$3,756$3,278$2,855$2,481$1,661
14 years$3,944$3,414$2,945$2,534$2,175$1,403
15 years$3,643$3,119$2,659$2,260$1,915$1,189
16 years$3,380$2,861$2,411$2,024$1,692$1,011
17 years$3,148$2,635$2,194$1,818$1,501$862
18 years$2,943$2,435$2,003$1,639$1,334$737
19 years$2,759$2,257$1,834$1,481$1,189$630
20 years$2,593$2,097$1,683$1,341$1,062$540
21 years$2,444$1,953$1,548$1,217$951$464
22 years$2,308$1,823$1,426$1,107$852$399
23 years$2,184$1,705$1,317$1,008$765$343
24 years$2,071$1,598$1,218$919$688$295
25 years$1,967$1,499$1,128$839$619$254
26 years$1,871$1,409$1,046$767$557$219
27 years$1,783$1,326$972$703$502$189
28 years$1,701$1,250$903$644$453$163
29 years$1,624$1,179$841$590$409$141
30 years$1,553$1,113$783$542$370$121
31 years$1,487$1,053$730$497$334$105
32 years$1,425$996$681$457$302$91
33 years$1,366$943$636$420$274$78
34 years$1,312$894$594$387$248$68
35 years$1,260$848$555$356$224$58
36 years$1,212$805$520$328$203$50
37 years$1,166$764$486$302$184$44
38 years$1,123$726$455$279$167$38
39 years$1,082$691$427$257$152$33
40 years$1,043$657$400$237$137$28
41 years$1,006$626$375$219$125$24
42 years$971$596$352$202$113$21
43 years$938$568$330$186$103$18
44 years$907$541$310$172$93$16
45 years$876$516$291$159$85$14
46 years$848$492$273$147$77$12
47 years$820$470$257$135$70$10
48 years$794$448$241$125$63$9
49 years$769$428$227$116$58$8
50 years$745$409$213$107$52$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $763,000, adding $2,278 every year, while hoping to spend $55,456 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: 38/46/16 Blend
44$763,000$763,000$763,000$763,000
45$843,176$802,737$790,910$871,069
46$870,175$783,066$758,401$871,598
47$898,069$760,573$722,944$866,686
48$926,892$735,060$684,382$860,196
49$956,677$706,320$642,551$852,015
50$987,460$674,132$597,278$842,023
51$1,019,278$638,262$548,385$830,094
52$1,052,172$598,464$495,683$816,094
53$1,086,182$554,478$438,977$799,883
54$1,121,352$506,026$378,062$781,312
55$1,157,727$452,819$312,724$760,225
56$1,195,355$394,547$242,741$736,455
57$1,234,287$330,885$167,878$709,828
58$1,274,576$261,490$87,893$680,162
59$1,316,277$185,998$2,532$647,261
60$1,359,451$104,025$0$610,922
61$1,404,158$15,166$0$586,050
62$1,450,467$0$0$558,743
63$1,498,446$0$0$569,383
64$1,548,169$0$0$588,375
65$1,599,717$0$0$608,073
66$1,653,171$0$0$628,510
67$1,708,622$0$0$649,722
68$1,766,164$0$0$671,747
69$1,825,898$0$0$694,623
70$1,887,932$0$0$718,396
71$1,952,381$0$0$743,111
72$2,019,368$0$0$768,816
73$2,089,025$0$0$795,566
74$2,161,492$0$0$823,417
75$2,236,922$0$0$852,429
76$2,315,477$0$0$882,669
77$2,397,332$0$0$914,207
78$2,482,674$0$0$947,120
79$2,571,708$0$0$981,489
80$2,664,650$0$0$1,017,403
81$2,761,737$0$0$1,054,959
82$2,863,225$0$0$1,094,259
83$2,969,387$0$0$1,135,415
84$3,080,522$0$0$1,178,551
85$3,196,953$0$0$1,223,797
86$3,319,030$0$0$1,271,297
87$3,447,132$0$0$1,321,206
88$3,581,672$0$0$1,373,693
89$3,723,098$0$0$1,428,942
90$3,871,895$0$0$1,487,153
91$4,028,595$0$0$1,548,544
92$4,193,775$0$0$1,613,352
93$4,368,061$0$0$1,681,838
94$4,552,140$0$0$1,754,282
95$4,746,760$0$0$1,830,993
96$4,952,735$0$0$1,912,309
97$5,170,956$0$0$1,998,598
98$5,402,397$0$0$2,090,262
99$5,648,120$0$0$2,187,742
100$5,909,290$0$0$2,291,520