Can I retire at age 45 with 765,000?

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 $765,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$63,173$62,610$62,061$61,525$61,002$59,144
2 years$31,274$30,691$30,127$29,580$29,049$27,193
3 years$20,642$20,057$19,494$18,952$18,430$16,634
4 years$15,327$14,744$14,187$13,654$13,144$11,423
5 years$12,139$11,560$11,009$10,487$9,992$8,349
6 years$10,015$9,439$8,897$8,387$7,906$6,343
7 years$8,498$7,927$7,394$6,895$6,430$4,947
8 years$7,360$6,795$6,270$5,784$5,334$3,930
9 years$6,476$5,916$5,401$4,927$4,492$3,166
10 years$5,769$5,215$4,708$4,247$3,828$2,577
11 years$5,191$4,642$4,145$3,696$3,292$2,115
12 years$4,710$4,167$3,679$3,242$2,853$1,747
13 years$4,303$3,766$3,287$2,862$2,488$1,450
14 years$3,955$3,423$2,953$2,541$2,181$1,209
15 years$3,653$3,127$2,666$2,266$1,920$1,011
16 years$3,389$2,869$2,417$2,029$1,697$848
17 years$3,157$2,642$2,200$1,823$1,505$713
18 years$2,950$2,441$2,008$1,643$1,338$601
19 years$2,766$2,263$1,838$1,484$1,192$507
20 years$2,600$2,103$1,687$1,344$1,065$428
21 years$2,450$1,958$1,552$1,220$953$362
22 years$2,314$1,828$1,430$1,109$854$307
23 years$2,190$1,710$1,321$1,010$767$260
24 years$2,077$1,602$1,221$922$689$220
25 years$1,972$1,503$1,131$842$620$187
26 years$1,876$1,413$1,049$770$559$159
27 years$1,787$1,330$974$704$504$135
28 years$1,705$1,253$906$645$455$114
29 years$1,628$1,182$843$592$410$97
30 years$1,557$1,116$785$543$371$83
31 years$1,491$1,055$732$499$335$70
32 years$1,428$999$683$458$303$60
33 years$1,370$946$638$422$274$51
34 years$1,315$896$596$388$249$43
35 years$1,264$850$557$357$225$37
36 years$1,215$807$521$329$204$31
37 years$1,169$766$488$303$185$27
38 years$1,126$728$457$279$168$23
39 years$1,085$693$428$257$152$19
40 years$1,046$659$401$237$138$16
41 years$1,009$627$376$219$125$14
42 years$974$597$353$202$113$12
43 years$941$569$331$187$103$10
44 years$909$542$311$172$93$9
45 years$879$517$292$159$85$7
46 years$850$493$274$147$77$6
47 years$822$471$257$136$70$5
48 years$796$450$242$126$64$5
49 years$771$429$227$116$58$4
50 years$747$410$214$107$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $765,000, adding $6,027 every year, while hoping to spend $57,336 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: 60/14/26 Blend
44$765,000$765,000$765,000$765,000
45$849,247$808,702$796,844$893,931
46$874,865$787,323$762,534$903,671
47$901,174$762,975$725,152$907,594
48$928,185$735,452$684,535$910,649
49$955,907$704,536$640,514$912,766
50$984,347$669,995$592,908$913,868
51$1,013,512$631,587$541,533$913,873
52$1,043,408$589,053$486,192$912,696
53$1,074,039$542,120$426,683$910,243
54$1,105,407$490,499$362,792$906,418
55$1,137,511$433,887$294,299$901,115
56$1,170,350$371,960$220,970$894,224
57$1,203,917$304,378$142,565$885,627
58$1,238,206$230,781$58,830$875,198
59$1,273,204$150,791$0$862,801
60$1,308,896$64,004$0$856,766
61$1,345,262$0$0$866,436
62$1,382,277$0$0$880,014
63$1,419,912$0$0$903,828
64$1,458,130$0$0$927,995
65$1,496,887$0$0$952,483
66$1,536,134$0$0$977,259
67$1,575,810$0$0$1,002,283
68$1,615,848$0$0$1,027,507
69$1,656,167$0$0$1,052,878
70$1,696,678$0$0$1,078,335
71$1,737,276$0$0$1,103,808
72$1,777,841$0$0$1,129,216
73$1,818,241$0$0$1,154,470
74$1,858,322$0$0$1,179,468
75$1,897,911$0$0$1,204,093
76$1,936,815$0$0$1,228,215
77$1,974,814$0$0$1,251,690
78$2,011,664$0$0$1,274,352
79$2,047,088$0$0$1,296,018
80$2,080,777$0$0$1,316,481
81$2,112,387$0$0$1,335,513
82$2,141,531$0$0$1,352,855
83$2,167,778$0$0$1,368,222
84$2,190,649$0$0$1,381,293
85$2,209,608$0$0$1,391,713
86$2,224,060$0$0$1,399,086
87$2,233,342$0$0$1,402,972
88$2,236,716$0$0$1,402,881
89$2,233,366$0$0$1,398,271
90$2,222,381$0$0$1,388,537
91$2,202,754$0$0$1,373,011
92$2,173,367$0$0$1,350,952
93$2,132,979$0$0$1,321,536
94$2,080,216$0$0$1,283,852
95$2,013,556$0$0$1,236,892
96$1,931,313$0$0$1,179,537
97$1,831,621$0$0$1,110,551
98$1,712,415$0$0$1,028,566
99$1,571,410$0$0$932,067
100$1,406,079$0$0$819,381