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%14.7%
1 years$63,173$62,610$62,061$61,525$61,002$59,819
2 years$31,274$30,691$30,127$29,580$29,049$27,862
3 years$20,642$20,057$19,494$18,952$18,430$17,276
4 years$15,327$14,744$14,187$13,654$13,144$12,032
5 years$12,139$11,560$11,009$10,487$9,992$8,925
6 years$10,015$9,439$8,897$8,387$7,906$6,886
7 years$8,498$7,927$7,394$6,895$6,430$5,456
8 years$7,360$6,795$6,270$5,784$5,334$4,406
9 years$6,476$5,916$5,401$4,927$4,492$3,610
10 years$5,769$5,215$4,708$4,247$3,828$2,990
11 years$5,191$4,642$4,145$3,696$3,292$2,498
12 years$4,710$4,167$3,679$3,242$2,853$2,101
13 years$4,303$3,766$3,287$2,862$2,488$1,777
14 years$3,955$3,423$2,953$2,541$2,181$1,510
15 years$3,653$3,127$2,666$2,266$1,920$1,289
16 years$3,389$2,869$2,417$2,029$1,697$1,103
17 years$3,157$2,642$2,200$1,823$1,505$946
18 years$2,950$2,441$2,008$1,643$1,338$814
19 years$2,766$2,263$1,838$1,484$1,192$701
20 years$2,600$2,103$1,687$1,344$1,065$605
21 years$2,450$1,958$1,552$1,220$953$523
22 years$2,314$1,828$1,430$1,109$854$452
23 years$2,190$1,710$1,321$1,010$767$392
24 years$2,077$1,602$1,221$922$689$340
25 years$1,972$1,503$1,131$842$620$295
26 years$1,876$1,413$1,049$770$559$256
27 years$1,787$1,330$974$704$504$222
28 years$1,705$1,253$906$645$455$193
29 years$1,628$1,182$843$592$410$168
30 years$1,557$1,116$785$543$371$146
31 years$1,491$1,055$732$499$335$127
32 years$1,428$999$683$458$303$111
33 years$1,370$946$638$422$274$96
34 years$1,315$896$596$388$249$84
35 years$1,264$850$557$357$225$73
36 years$1,215$807$521$329$204$64
37 years$1,169$766$488$303$185$55
38 years$1,126$728$457$279$168$48
39 years$1,085$693$428$257$152$42
40 years$1,046$659$401$237$138$37
41 years$1,009$627$376$219$125$32
42 years$974$597$353$202$113$28
43 years$941$569$331$187$103$24
44 years$909$542$311$172$93$21
45 years$879$517$292$159$85$18
46 years$850$493$274$147$77$16
47 years$822$471$257$136$70$14
48 years$796$450$242$126$64$12
49 years$771$429$227$116$58$11
50 years$747$410$214$107$52$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $765,000, adding $4,035 every year, while hoping to spend $29,799 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: 56/25/19 Blend
44$765,000$765,000$765,000$765,000
45$847,192$806,647$794,790$890,116
46$901,900$814,467$789,709$927,647
47$961,189$821,671$783,460$964,973
48$1,025,495$828,198$775,971$1,004,977
49$1,095,298$833,982$767,168$1,047,923
50$1,171,125$838,954$756,975$1,094,102
51$1,253,556$843,038$745,309$1,143,838
52$1,343,228$846,157$732,087$1,197,486
53$1,440,844$848,225$717,218$1,255,440
54$1,547,175$849,154$700,610$1,318,136
55$1,663,073$848,848$682,166$1,386,054
56$1,789,471$847,207$661,784$1,459,724
57$1,927,401$844,123$639,358$1,539,734
58$2,077,995$839,484$614,775$1,626,731
59$2,242,500$833,168$587,919$1,721,430
60$2,422,289$825,048$558,669$1,824,622
61$2,618,876$814,989$526,898$1,937,179
62$2,833,924$802,846$492,472$2,060,066
63$3,069,267$788,468$455,252$2,194,345
64$3,326,922$771,693$415,093$2,341,193
65$3,609,113$752,350$371,843$2,501,905
66$3,918,287$730,260$325,345$2,677,915
67$4,257,140$705,230$275,431$2,870,803
68$4,628,640$677,058$221,930$3,082,314
69$5,036,057$645,530$164,660$3,314,375
70$5,482,992$610,418$103,434$3,569,112
71$5,973,412$571,484$38,054$3,848,870
72$6,511,687$528,473$0$4,156,241
73$7,102,629$481,118$0$4,500,511
74$7,751,539$429,135$0$4,887,056
75$8,464,258$372,225$0$5,311,678
76$9,247,220$310,072$0$5,778,263
77$10,107,511$242,340$0$6,291,098
78$11,052,940$168,677$0$6,854,908
79$12,092,108$88,711$0$7,474,903
80$13,234,492$2,046$0$8,156,828
81$14,490,533$0$0$8,907,017
82$15,871,732$0$0$9,757,687
83$17,390,763$0$0$10,693,944
84$19,061,589$0$0$11,723,839
85$20,899,594$0$0$12,856,866
86$22,921,728$0$0$14,103,484
87$25,146,666$0$0$15,475,215
88$27,594,986$0$0$16,984,759
89$30,289,360$0$0$18,646,104
90$33,254,771$0$0$20,474,667
91$36,518,744$0$0$22,487,433
92$40,111,610$0$0$24,703,119
93$44,066,789$0$0$27,142,346
94$48,421,106$0$0$29,827,840
95$53,215,137$0$0$32,784,638
96$58,493,594$0$0$36,040,332
97$64,305,746$0$0$39,625,324
98$70,705,879$0$0$43,573,114
99$77,753,817$0$0$47,920,619
100$85,515,475$0$0$52,708,515