Can I retire at age 45 with 764,000?

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 $764,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$63,090$62,528$61,980$61,445$60,922$58,691
2 years$31,233$30,651$30,087$29,541$29,011$26,787
3 years$20,615$20,031$19,469$18,927$18,406$16,260
4 years$15,307$14,725$14,168$13,636$13,127$11,076
5 years$12,123$11,544$10,995$10,474$9,979$8,028
6 years$10,001$9,427$8,886$8,376$7,896$6,046
7 years$8,486$7,917$7,384$6,886$6,422$4,672
8 years$7,351$6,786$6,262$5,777$5,327$3,677
9 years$6,468$5,908$5,394$4,920$4,486$2,933
10 years$5,762$5,208$4,702$4,242$3,823$2,364
11 years$5,185$4,636$4,140$3,691$3,288$1,920
12 years$4,704$4,161$3,674$3,238$2,849$1,569
13 years$4,298$3,761$3,282$2,859$2,484$1,288
14 years$3,950$3,418$2,949$2,537$2,178$1,062
15 years$3,648$3,123$2,663$2,263$1,917$878
16 years$3,385$2,865$2,414$2,026$1,695$728
17 years$3,153$2,639$2,197$1,821$1,503$605
18 years$2,946$2,438$2,005$1,641$1,336$504
19 years$2,762$2,260$1,836$1,483$1,191$420
20 years$2,597$2,100$1,685$1,343$1,064$351
21 years$2,447$1,956$1,550$1,219$952$293
22 years$2,311$1,826$1,428$1,108$853$245
23 years$2,187$1,708$1,319$1,009$766$205
24 years$2,074$1,600$1,220$920$688$172
25 years$1,970$1,501$1,130$840$619$144
26 years$1,874$1,411$1,048$769$558$120
27 years$1,785$1,328$973$703$503$101
28 years$1,703$1,251$904$644$454$85
29 years$1,626$1,181$842$591$410$71
30 years$1,555$1,115$784$542$370$60
31 years$1,489$1,054$731$498$335$50
32 years$1,427$997$682$458$303$42
33 years$1,368$944$637$421$274$35
34 years$1,313$895$595$387$248$29
35 years$1,262$849$556$357$225$25
36 years$1,213$806$520$328$204$21
37 years$1,168$765$487$303$185$17
38 years$1,124$727$456$279$167$15
39 years$1,083$692$427$257$152$12
40 years$1,045$658$400$237$138$10
41 years$1,008$626$376$219$125$9
42 years$973$597$352$202$113$7
43 years$939$568$331$186$103$6
44 years$908$542$310$172$93$5
45 years$878$517$291$159$85$4
46 years$849$493$274$147$77$4
47 years$821$470$257$136$70$3
48 years$795$449$242$125$63$3
49 years$770$429$227$116$58$2
50 years$746$410$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 $764,000, adding $6,073 every year, while hoping to spend $22,628 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: 40/47/13 Blend
44$764,000$764,000$764,000$764,000
45$848,192$807,700$795,858$878,604
46$910,632$823,202$798,444$916,186
47$978,682$838,704$800,357$954,135
48$1,052,891$854,184$801,552$994,692
49$1,133,862$869,615$801,981$1,038,105
50$1,222,260$884,970$801,591$1,084,645
51$1,318,816$900,219$800,330$1,134,615
52$1,424,335$915,330$798,141$1,188,344
53$1,539,704$930,268$794,965$1,246,198
54$1,665,897$944,995$790,740$1,308,582
55$1,803,991$959,472$785,402$1,375,940
56$1,955,168$973,655$778,883$1,448,765
57$2,120,730$987,500$771,111$1,527,597
58$2,302,113$1,000,956$762,011$1,613,035
59$2,500,897$1,013,971$751,507$1,705,739
60$2,718,822$1,026,489$739,516$1,806,439
61$2,957,805$1,038,450$725,952$1,915,936
62$3,219,956$1,049,788$710,727$2,035,120
63$3,507,600$1,060,437$693,745$2,164,967
64$3,823,300$1,070,323$674,910$2,306,558
65$4,169,875$1,079,368$654,118$2,461,085
66$4,550,435$1,087,489$631,263$2,629,862
67$4,968,400$1,094,597$606,232$2,814,339
68$5,427,544$1,100,600$578,908$3,016,117
69$5,932,020$1,105,396$549,168$3,236,961
70$6,486,405$1,108,879$516,884$3,478,820
71$7,095,741$1,110,936$481,922$3,743,841
72$7,765,582$1,111,448$444,142$4,034,396
73$8,502,049$1,110,286$403,398$4,353,099
74$9,311,883$1,107,315$359,537$4,702,835
75$10,202,513$1,102,391$312,399$5,086,787
76$11,182,122$1,095,362$261,818$5,508,465
77$12,259,729$1,086,065$207,619$5,971,739
78$13,445,268$1,074,329$149,621$6,480,882
79$14,749,687$1,059,972$87,634$7,040,602
80$16,185,045$1,042,801$21,460$7,656,095
81$17,764,633$1,022,611$0$8,333,091
82$19,503,093$999,187$0$9,084,727
83$21,416,561$972,299$0$9,914,774
84$23,522,812$941,704$0$10,827,967
85$25,841,437$907,146$0$11,832,815
86$28,394,019$868,351$0$12,938,699
87$31,204,343$825,034$0$14,155,959
88$34,298,615$776,890$0$15,495,999
89$37,705,712$723,596$0$16,971,387
90$41,457,456$664,813$0$18,595,984
91$45,588,909$600,182$0$20,385,066
92$50,138,708$529,321$0$22,355,479
93$55,149,428$451,830$0$24,525,790
94$60,667,984$367,283$0$26,916,469
95$66,746,071$275,233$0$29,550,085
96$73,440,657$175,207$0$32,451,513
97$80,814,516$66,703$0$35,648,177
98$88,936,819$0$0$39,170,309
99$97,883,793$0$0$43,077,510
100$107,739,434$0$0$47,419,682