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%13.3%
1 years$63,008$62,447$61,899$61,365$60,843$60,008
2 years$31,192$30,611$30,048$29,502$28,973$28,133
3 years$20,588$20,005$19,443$18,902$18,381$17,563
4 years$15,287$14,706$14,150$13,618$13,110$12,319
5 years$12,107$11,529$10,981$10,460$9,966$9,205
6 years$9,988$9,415$8,874$8,365$7,886$7,156
7 years$8,475$7,906$7,374$6,877$6,413$5,714
8 years$7,341$6,777$6,254$5,769$5,320$4,652
9 years$6,459$5,901$5,387$4,914$4,480$3,843
10 years$5,754$5,201$4,696$4,236$3,818$3,211
11 years$5,178$4,630$4,134$3,687$3,283$2,706
12 years$4,698$4,156$3,669$3,234$2,845$2,297
13 years$4,292$3,756$3,278$2,855$2,481$1,961
14 years$3,944$3,414$2,945$2,534$2,175$1,682
15 years$3,643$3,119$2,659$2,260$1,915$1,449
16 years$3,380$2,861$2,411$2,024$1,692$1,252
17 years$3,148$2,635$2,194$1,818$1,501$1,085
18 years$2,943$2,435$2,003$1,639$1,334$943
19 years$2,759$2,257$1,834$1,481$1,189$821
20 years$2,593$2,097$1,683$1,341$1,062$716
21 years$2,444$1,953$1,548$1,217$951$625
22 years$2,308$1,823$1,426$1,107$852$547
23 years$2,184$1,705$1,317$1,008$765$479
24 years$2,071$1,598$1,218$919$688$420
25 years$1,967$1,499$1,128$839$619$368
26 years$1,871$1,409$1,046$767$557$323
27 years$1,783$1,326$972$703$502$284
28 years$1,701$1,250$903$644$453$249
29 years$1,624$1,179$841$590$409$219
30 years$1,553$1,113$783$542$370$193
31 years$1,487$1,053$730$497$334$170
32 years$1,425$996$681$457$302$150
33 years$1,366$943$636$420$274$132
34 years$1,312$894$594$387$248$116
35 years$1,260$848$555$356$224$102
36 years$1,212$805$520$328$203$90
37 years$1,166$764$486$302$184$79
38 years$1,123$726$455$279$167$70
39 years$1,082$691$427$257$152$62
40 years$1,043$657$400$237$137$54
41 years$1,006$626$375$219$125$48
42 years$971$596$352$202$113$42
43 years$938$568$330$186$103$37
44 years$907$541$310$172$93$33
45 years$876$516$291$159$85$29
46 years$848$492$273$147$77$26
47 years$820$470$257$135$70$23
48 years$794$448$241$125$63$20
49 years$769$428$227$116$58$18
50 years$745$409$213$107$52$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $763,000, adding $6,020 every year, while hoping to spend $43,656 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: 55/38/7 Blend
44$763,000$763,000$763,000$763,000
45$847,036$806,597$794,770$891,933
46$886,984$799,670$774,945$916,008
47$929,543$790,941$752,993$936,849
48$974,934$780,275$728,796$958,475
49$1,023,399$767,530$702,232$980,967
50$1,075,201$752,554$673,172$1,004,416
51$1,130,630$735,188$641,482$1,028,924
52$1,190,005$715,263$607,022$1,054,607
53$1,253,673$692,599$569,645$1,081,594
54$1,322,018$667,006$529,199$1,110,029
55$1,395,458$638,284$485,521$1,140,077
56$1,474,456$606,220$438,447$1,171,920
57$1,559,516$570,590$387,800$1,205,761
58$1,651,193$531,157$333,399$1,241,831
59$1,750,099$487,668$275,052$1,280,385
60$1,856,904$439,858$212,561$1,321,709
61$1,972,344$387,447$145,718$1,366,124
62$2,097,230$330,138$74,305$1,413,986
63$2,232,450$267,617$0$1,465,693
64$2,378,983$199,554$0$1,521,831
65$2,537,907$125,599$0$1,588,687
66$2,710,402$45,383$0$1,661,273
67$2,897,772$0$0$1,740,223
68$3,101,447$0$0$1,843,588
69$3,323,001$0$0$1,976,732
70$3,564,169$0$0$2,121,728
71$3,826,855$0$0$2,279,729
72$4,113,159$0$0$2,452,006
73$4,425,388$0$0$2,639,957
74$4,766,085$0$0$2,845,122
75$5,138,045$0$0$3,069,194
76$5,544,349$0$0$3,314,038
77$5,988,386$0$0$3,581,707
78$6,473,888$0$0$3,874,463
79$7,004,964$0$0$4,194,793
80$7,586,138$0$0$4,545,438
81$8,222,391$0$0$4,929,417
82$8,919,210$0$0$5,350,053
83$9,682,636$0$0$5,811,005
84$10,519,322$0$0$6,316,305
85$11,436,595$0$0$6,870,391
86$12,442,525$0$0$7,478,153
87$13,546,002$0$0$8,144,978
88$14,756,814$0$0$8,876,796
89$16,085,747$0$0$9,680,142
90$17,544,679$0$0$10,562,213
91$19,146,694$0$0$11,530,939
92$20,906,208$0$0$12,595,053
93$22,839,098$0$0$13,764,177
94$24,962,857$0$0$15,048,912
95$27,296,757$0$0$16,460,935
96$29,862,026$0$0$18,013,110
97$32,682,054$0$0$19,719,612
98$35,782,610$0$0$21,596,055
99$39,192,081$0$0$23,659,645
100$42,941,748$0$0$25,929,336