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%16.7%
1 years$63,256$62,692$62,142$61,606$61,082$59,413
2 years$31,315$30,731$30,166$29,618$29,087$27,417
3 years$20,669$20,083$19,520$18,977$18,454$16,836
4 years$15,347$14,763$14,205$13,672$13,161$11,608
5 years$12,155$11,575$11,024$10,501$10,005$8,520
6 years$10,028$9,452$8,909$8,398$7,917$6,502
7 years$8,509$7,937$7,403$6,904$6,438$5,094
8 years$7,370$6,804$6,279$5,792$5,341$4,066
9 years$6,485$5,924$5,408$4,933$4,498$3,291
10 years$5,777$5,222$4,715$4,253$3,833$2,693
11 years$5,198$4,649$4,151$3,701$3,296$2,221
12 years$4,716$4,172$3,684$3,246$2,856$1,844
13 years$4,309$3,771$3,291$2,866$2,491$1,539
14 years$3,960$3,427$2,957$2,544$2,183$1,290
15 years$3,658$3,131$2,670$2,269$1,922$1,085
16 years$3,394$2,873$2,421$2,032$1,699$916
17 years$3,161$2,646$2,203$1,825$1,507$775
18 years$2,954$2,445$2,011$1,645$1,340$656
19 years$2,769$2,266$1,841$1,486$1,194$557
20 years$2,603$2,105$1,689$1,346$1,066$474
21 years$2,453$1,961$1,554$1,222$954$403
22 years$2,317$1,831$1,432$1,111$855$343
23 years$2,193$1,712$1,322$1,012$768$293
24 years$2,079$1,604$1,223$923$690$250
25 years$1,975$1,505$1,133$843$621$213
26 years$1,879$1,415$1,050$771$559$182
27 years$1,790$1,331$975$705$504$156
28 years$1,707$1,255$907$646$455$133
29 years$1,631$1,184$844$593$411$114
30 years$1,559$1,118$786$544$371$97
31 years$1,493$1,057$733$499$336$83
32 years$1,430$1,000$684$459$304$71
33 years$1,372$947$638$422$275$61
34 years$1,317$897$596$388$249$52
35 years$1,265$851$558$358$225$45
36 years$1,217$808$522$329$204$38
37 years$1,171$767$488$303$185$33
38 years$1,127$729$457$280$168$28
39 years$1,086$693$428$258$152$24
40 years$1,047$660$402$238$138$21
41 years$1,010$628$377$219$125$18
42 years$975$598$353$202$114$15
43 years$942$570$331$187$103$13
44 years$910$543$311$173$94$11
45 years$880$518$292$159$85$10
46 years$851$494$274$147$77$8
47 years$823$472$258$136$70$7
48 years$797$450$242$126$64$6
49 years$772$430$228$116$58$5
50 years$748$411$214$107$52$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $766,000, adding $5,799 every year, while hoping to spend $51,952 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: 60/11/29 Blend
44$766,000$766,000$766,000$766,000
45$850,114$809,516$797,643$894,114
46$881,549$793,905$769,087$909,214
47$914,449$775,789$737,834$919,643
48$948,909$754,989$703,737$929,945
49$985,031$731,317$666,646$940,122
50$1,022,927$704,574$626,402$950,177
51$1,062,717$674,550$582,837$960,115
52$1,104,532$641,021$535,781$969,946
53$1,148,515$603,751$485,050$979,682
54$1,194,821$562,493$430,456$989,342
55$1,243,619$516,981$371,803$998,946
56$1,295,092$466,937$308,882$1,008,523
57$1,349,441$412,066$241,479$1,018,106
58$1,406,884$352,058$169,369$1,027,738
59$1,467,661$286,583$92,317$1,037,468
60$1,532,031$215,294$10,078$1,047,353
61$1,600,278$137,824$0$1,057,465
62$1,672,715$53,785$0$1,091,921
63$1,749,679$0$0$1,131,669
64$1,831,544$0$0$1,178,288
65$1,918,717$0$0$1,234,896
66$2,011,642$0$0$1,295,274
67$2,110,808$0$0$1,359,746
68$2,216,749$0$0$1,428,663
69$2,330,051$0$0$1,502,411
70$2,451,356$0$0$1,581,414
71$2,581,370$0$0$1,666,137
72$2,720,864$0$0$1,757,090
73$2,870,686$0$0$1,854,831
74$3,031,768$0$0$1,959,975
75$3,205,131$0$0$2,073,197
76$3,391,896$0$0$2,195,236
77$3,593,296$0$0$2,326,906
78$3,810,686$0$0$2,469,101
79$4,045,551$0$0$2,622,803
80$4,299,527$0$0$2,789,090
81$4,574,411$0$0$2,969,150
82$4,872,178$0$0$3,164,286
83$5,194,998$0$0$3,375,934
84$5,545,261$0$0$3,605,669
85$5,925,592$0$0$3,855,227
86$6,338,881$0$0$4,126,516
87$6,788,305$0$0$4,421,636
88$7,277,360$0$0$4,742,895
89$7,809,893$0$0$5,092,835
90$8,390,137$0$0$5,474,254
91$9,022,751$0$0$5,890,229
92$9,712,861$0$0$6,344,148
93$10,466,110$0$0$6,839,740
94$11,288,711$0$0$7,381,109
95$12,187,502$0$0$7,972,776
96$13,170,010$0$0$8,619,714
97$14,244,525$0$0$9,327,402
98$15,420,172$0$0$10,101,871
99$16,707,001$0$0$10,949,762
100$18,116,076$0$0$11,878,390