Can I retire at age 45 with 766,000?

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 $766,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$63,256$62,692$62,142$61,606$61,082$60,344
2 years$31,315$30,731$30,166$29,618$29,087$28,344
3 years$20,669$20,083$19,520$18,977$18,454$17,729
4 years$15,347$14,763$14,205$13,672$13,161$12,461
5 years$12,155$11,575$11,024$10,501$10,005$9,330
6 years$10,028$9,452$8,909$8,398$7,917$7,269
7 years$8,509$7,937$7,403$6,904$6,438$5,818
8 years$7,370$6,804$6,279$5,792$5,341$4,747
9 years$6,485$5,924$5,408$4,933$4,498$3,931
10 years$5,777$5,222$4,715$4,253$3,833$3,292
11 years$5,198$4,649$4,151$3,701$3,296$2,781
12 years$4,716$4,172$3,684$3,246$2,856$2,367
13 years$4,309$3,771$3,291$2,866$2,491$2,026
14 years$3,960$3,427$2,957$2,544$2,183$1,743
15 years$3,658$3,131$2,670$2,269$1,922$1,505
16 years$3,394$2,873$2,421$2,032$1,699$1,304
17 years$3,161$2,646$2,203$1,825$1,507$1,134
18 years$2,954$2,445$2,011$1,645$1,340$988
19 years$2,769$2,266$1,841$1,486$1,194$862
20 years$2,603$2,105$1,689$1,346$1,066$754
21 years$2,453$1,961$1,554$1,222$954$661
22 years$2,317$1,831$1,432$1,111$855$580
23 years$2,193$1,712$1,322$1,012$768$509
24 years$2,079$1,604$1,223$923$690$448
25 years$1,975$1,505$1,133$843$621$394
26 years$1,879$1,415$1,050$771$559$347
27 years$1,790$1,331$975$705$504$306
28 years$1,707$1,255$907$646$455$270
29 years$1,631$1,184$844$593$411$238
30 years$1,559$1,118$786$544$371$210
31 years$1,493$1,057$733$499$336$185
32 years$1,430$1,000$684$459$304$164
33 years$1,372$947$638$422$275$145
34 years$1,317$897$596$388$249$128
35 years$1,265$851$558$358$225$113
36 years$1,217$808$522$329$204$100
37 years$1,171$767$488$303$185$88
38 years$1,127$729$457$280$168$78
39 years$1,086$693$428$258$152$69
40 years$1,047$660$402$238$138$61
41 years$1,010$628$377$219$125$54
42 years$975$598$353$202$114$48
43 years$942$570$331$187$103$42
44 years$910$543$311$173$94$38
45 years$880$518$292$159$85$33
46 years$851$494$274$147$77$29
47 years$823$472$258$136$70$26
48 years$797$450$242$126$64$23
49 years$772$430$228$116$58$20
50 years$748$411$214$107$52$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $766,000, adding $2,505 every year, while hoping to spend $36,444 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: 24/47/29 Blend
44$766,000$766,000$766,000$766,000
45$846,716$806,118$794,245$859,279
46$894,305$806,842$782,076$870,942
47$945,526$806,379$768,278$880,195
48$1,000,712$804,634$752,758$889,351
49$1,060,228$801,504$735,418$898,426
50$1,124,474$796,880$716,157$907,442
51$1,193,889$790,647$694,868$916,426
52$1,268,959$782,682$671,439$925,413
53$1,350,215$772,855$645,754$934,445
54$1,438,242$761,030$617,691$943,572
55$1,533,681$747,059$587,123$952,853
56$1,637,241$730,789$553,916$962,361
57$1,749,698$712,056$517,930$972,178
58$1,871,908$690,688$479,022$982,401
59$2,004,811$666,500$437,037$993,144
60$2,149,442$639,299$391,818$1,004,537
61$2,306,940$608,879$343,199$1,016,730
62$2,478,558$575,024$291,006$1,029,897
63$2,665,674$537,504$235,059$1,044,233
64$2,869,807$496,076$175,167$1,059,965
65$3,092,627$450,483$111,135$1,077,348
66$3,335,973$400,454$42,756$1,096,675
67$3,601,868$345,703$0$1,118,273
68$3,892,542$285,926$0$1,151,867
69$4,210,449$220,804$0$1,203,253
70$4,558,289$149,998$0$1,259,736
71$4,939,038$73,151$0$1,321,925
72$5,355,971$0$0$1,390,501
73$5,812,695$0$0$1,471,450
74$6,313,183$0$0$1,601,744
75$6,861,811$0$0$1,744,704
76$7,463,396$0$0$1,901,603
77$8,123,245$0$0$2,073,842
78$8,847,204$0$0$2,262,965
79$9,641,712$0$0$2,470,672
80$10,513,861$0$0$2,698,838
81$11,471,463$0$0$2,949,526
82$12,523,123$0$0$3,225,009
83$13,678,323$0$0$3,527,792
84$14,947,504$0$0$3,860,635
85$16,342,173$0$0$4,226,578
86$17,875,004$0$0$4,628,969
87$19,559,961$0$0$5,071,501
88$21,412,427$0$0$5,558,237
89$23,449,351$0$0$6,093,657
90$25,689,406$0$0$6,682,698
91$28,153,165$0$0$7,330,796
92$30,863,297$0$0$8,043,945
93$33,844,775$0$0$8,828,744
94$37,125,116$0$0$9,692,470
95$40,734,640$0$0$10,643,136
96$44,706,753$0$0$11,689,573
97$49,078,261$0$0$12,841,514
98$53,889,724$0$0$14,109,681
99$59,185,828$0$0$15,505,888
100$65,015,815$0$0$17,043,154