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%13.6%
1 years$63,256$62,692$62,142$61,606$61,082$60,169
2 years$31,315$30,731$30,166$29,618$29,087$28,169
3 years$20,669$20,083$19,520$18,977$18,454$17,560
4 years$15,347$14,763$14,205$13,672$13,161$12,298
5 years$12,155$11,575$11,024$10,501$10,005$9,175
6 years$10,028$9,452$8,909$8,398$7,917$7,121
7 years$8,509$7,937$7,403$6,904$6,438$5,677
8 years$7,370$6,804$6,279$5,792$5,341$4,614
9 years$6,485$5,924$5,408$4,933$4,498$3,805
10 years$5,777$5,222$4,715$4,253$3,833$3,173
11 years$5,198$4,649$4,151$3,701$3,296$2,669
12 years$4,716$4,172$3,684$3,246$2,856$2,261
13 years$4,309$3,771$3,291$2,866$2,491$1,927
14 years$3,960$3,427$2,957$2,544$2,183$1,650
15 years$3,658$3,131$2,670$2,269$1,922$1,418
16 years$3,394$2,873$2,421$2,032$1,699$1,223
17 years$3,161$2,646$2,203$1,825$1,507$1,057
18 years$2,954$2,445$2,011$1,645$1,340$917
19 years$2,769$2,266$1,841$1,486$1,194$796
20 years$2,603$2,105$1,689$1,346$1,066$693
21 years$2,453$1,961$1,554$1,222$954$604
22 years$2,317$1,831$1,432$1,111$855$527
23 years$2,193$1,712$1,322$1,012$768$460
24 years$2,079$1,604$1,223$923$690$402
25 years$1,975$1,505$1,133$843$621$352
26 years$1,879$1,415$1,050$771$559$308
27 years$1,790$1,331$975$705$504$270
28 years$1,707$1,255$907$646$455$237
29 years$1,631$1,184$844$593$411$208
30 years$1,559$1,118$786$544$371$182
31 years$1,493$1,057$733$499$336$160
32 years$1,430$1,000$684$459$304$141
33 years$1,372$947$638$422$275$124
34 years$1,317$897$596$388$249$109
35 years$1,265$851$558$358$225$95
36 years$1,217$808$522$329$204$84
37 years$1,171$767$488$303$185$74
38 years$1,127$729$457$280$168$65
39 years$1,086$693$428$258$152$57
40 years$1,047$660$402$238$138$50
41 years$1,010$628$377$219$125$44
42 years$975$598$353$202$114$39
43 years$942$570$331$187$103$34
44 years$910$543$311$173$94$30
45 years$880$518$292$159$85$26
46 years$851$494$274$147$77$23
47 years$823$472$258$136$70$20
48 years$797$450$242$126$64$18
49 years$772$430$228$116$58$16
50 years$748$411$214$107$52$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $766,000, adding $4,374 every year, while hoping to spend $33,613 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: 31/49/20 Blend
44$766,000$766,000$766,000$766,000
45$848,644$808,046$796,173$869,545
46$899,441$811,876$787,081$889,498
47$954,294$814,767$776,557$907,618
48$1,013,579$816,638$764,519$926,417
49$1,077,713$817,402$750,879$945,975
50$1,147,152$816,968$735,546$966,381
51$1,222,399$815,236$718,424$987,737
52$1,304,005$812,104$699,413$1,010,157
53$1,392,578$807,462$678,408$1,033,772
54$1,488,786$801,192$655,299$1,058,727
55$1,593,363$793,171$629,972$1,085,185
56$1,707,117$783,268$602,308$1,113,330
57$1,830,939$771,344$572,181$1,143,369
58$1,965,805$757,251$539,460$1,175,533
59$2,112,794$740,832$504,008$1,210,082
60$2,273,089$721,923$465,683$1,247,306
61$2,447,996$700,349$424,334$1,287,530
62$2,638,948$675,923$379,807$1,331,116
63$2,847,528$648,450$331,937$1,378,471
64$3,075,474$617,723$280,556$1,430,046
65$3,324,702$583,521$225,484$1,486,346
66$3,597,320$545,612$166,536$1,547,935
67$3,895,651$503,751$103,519$1,615,438
68$4,222,250$457,678$36,230$1,689,555
69$4,579,934$407,118$0$1,771,063
70$4,971,803$351,782$0$1,868,418
71$5,401,270$291,363$0$1,983,734
72$5,872,097$225,537$0$2,110,390
73$6,388,426$153,963$0$2,249,624
74$6,954,817$76,279$0$2,402,808
75$7,576,295$0$0$2,571,463
76$8,258,395$0$0$2,761,529
77$9,007,212$0$0$3,015,460
78$9,829,463$0$0$3,294,417
79$10,732,543$0$0$3,600,926
80$11,724,603$0$0$3,937,770
81$12,814,619$0$0$4,308,012
82$14,012,481$0$0$4,715,030
83$15,329,084$0$0$5,162,542
84$16,776,432$0$0$5,654,649
85$18,367,749$0$0$6,195,864
86$20,117,603$0$0$6,791,163
87$22,042,047$0$0$7,446,027
88$24,158,767$0$0$8,166,496
89$26,487,248$0$0$8,959,223
90$29,048,959$0$0$9,831,540
91$31,867,555$0$0$10,791,525
92$34,969,099$0$0$11,848,080
93$38,382,308$0$0$13,011,012
94$42,138,826$0$0$14,291,127
95$46,273,516$0$0$15,700,333
96$50,824,796$0$0$17,251,751
97$55,834,994$0$0$18,959,838
98$61,350,754$0$0$20,840,525
99$67,423,469$0$0$22,911,365
100$74,109,773$0$0$25,191,702