Can I retire at age 45 with 767,000?

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 $767,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$63,338$62,774$62,224$61,686$61,162$59,732
2 years$31,356$30,772$30,206$29,657$29,125$27,692
3 years$20,696$20,110$19,545$19,001$18,478$17,087
4 years$15,367$14,783$14,224$13,689$13,179$11,841
5 years$12,171$11,590$11,038$10,515$10,018$8,737
6 years$10,041$9,464$8,921$8,409$7,927$6,704
7 years$8,520$7,948$7,413$6,913$6,447$5,282
8 years$7,380$6,813$6,287$5,799$5,348$4,241
9 years$6,493$5,932$5,415$4,940$4,504$3,454
10 years$5,784$5,229$4,721$4,258$3,838$2,843
11 years$5,205$4,655$4,156$3,706$3,300$2,360
12 years$4,722$4,178$3,688$3,251$2,860$1,972
13 years$4,314$3,775$3,295$2,870$2,494$1,657
14 years$3,965$3,432$2,961$2,547$2,186$1,399
15 years$3,663$3,135$2,673$2,272$1,925$1,185
16 years$3,398$2,876$2,424$2,034$1,701$1,007
17 years$3,165$2,649$2,206$1,828$1,508$858
18 years$2,958$2,448$2,013$1,647$1,341$732
19 years$2,773$2,269$1,843$1,488$1,196$626
20 years$2,607$2,108$1,692$1,348$1,068$537
21 years$2,457$1,964$1,556$1,223$956$460
22 years$2,320$1,833$1,434$1,112$857$395
23 years$2,196$1,714$1,324$1,013$769$340
24 years$2,082$1,606$1,224$924$691$292
25 years$1,977$1,507$1,134$844$622$251
26 years$1,881$1,417$1,052$772$560$216
27 years$1,792$1,333$977$706$505$186
28 years$1,709$1,256$908$647$456$161
29 years$1,633$1,185$845$593$412$139
30 years$1,561$1,119$787$545$372$120
31 years$1,495$1,058$734$500$336$103
32 years$1,432$1,001$685$460$304$89
33 years$1,374$948$639$423$275$77
34 years$1,319$899$597$389$249$66
35 years$1,267$852$558$358$226$57
36 years$1,218$809$522$330$204$49
37 years$1,172$768$489$304$185$43
38 years$1,129$730$458$280$168$37
39 years$1,088$694$429$258$152$32
40 years$1,049$661$402$238$138$28
41 years$1,012$629$377$220$125$24
42 years$977$599$354$203$114$21
43 years$943$571$332$187$103$18
44 years$911$544$311$173$94$15
45 years$881$519$292$160$85$13
46 years$852$495$275$147$77$11
47 years$825$472$258$136$70$10
48 years$798$451$243$126$64$9
49 years$773$430$228$116$58$7
50 years$749$411$214$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $767,000, adding $4,819 every year, while hoping to spend $24,015 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: 78/13/9 Blend
44$767,000$767,000$767,000$767,000
45$850,205$809,554$797,665$914,954
46$911,374$823,670$798,835$972,281
47$977,977$837,673$799,240$1,031,549
48$1,050,544$851,532$798,827$1,095,850
49$1,129,656$865,214$797,545$1,165,675
50$1,215,955$878,683$795,336$1,241,563
51$1,310,144$891,901$792,142$1,324,111
52$1,413,001$904,826$787,901$1,413,975
53$1,525,380$917,415$782,548$1,511,876
54$1,648,222$929,622$776,016$1,618,612
55$1,782,562$941,394$768,234$1,735,058
56$1,929,540$952,680$759,127$1,862,182
57$2,090,413$963,421$748,617$2,001,046
58$2,266,562$973,556$736,624$2,152,825
59$2,459,511$983,020$723,060$2,318,809
60$2,670,937$991,743$707,838$2,500,422
61$2,902,685$999,651$690,863$2,699,234
62$3,156,790$1,006,665$672,038$2,916,972
63$3,435,491$1,012,700$651,260$3,155,540
64$3,741,257$1,017,668$628,423$3,417,039
65$4,076,804$1,021,472$603,414$3,703,779
66$4,445,125$1,024,012$576,116$4,018,310
67$4,849,519$1,025,180$546,407$4,363,440
68$5,293,617$1,024,861$514,159$4,742,263
69$5,781,421$1,022,934$479,238$5,158,190
70$6,317,339$1,019,270$441,505$5,614,980
71$6,906,225$1,013,732$400,813$6,116,774
72$7,553,430$1,006,176$357,011$6,668,137
73$8,264,848$996,446$309,938$7,274,098
74$9,046,971$984,380$259,429$7,940,201
75$9,906,952$969,804$205,310$8,672,555
76$10,852,672$952,536$147,400$9,477,893
77$11,892,815$932,381$85,508$10,363,635
78$13,036,948$909,134$19,438$11,337,957
79$14,295,611$882,575$0$12,409,871
80$15,680,417$852,476$0$13,594,213
81$17,204,164$818,591$0$14,899,334
82$18,880,949$780,662$0$16,335,450
83$20,726,308$738,417$0$17,915,876
84$22,757,359$691,566$0$19,655,286
85$24,992,960$639,804$0$21,569,851
86$27,453,896$582,808$0$23,677,389
87$30,163,063$520,236$0$25,997,537
88$33,145,696$451,728$0$28,551,934
89$36,429,595$376,901$0$31,364,426
90$40,045,399$295,354$0$34,461,293
91$44,026,863$206,660$0$37,871,493
92$48,411,188$110,371$0$41,626,939
93$53,239,361$6,011$0$45,762,798
94$58,556,550$0$0$50,317,827
95$64,412,526$0$0$55,350,029
96$70,862,133$0$0$60,893,336
97$77,965,805$0$0$66,998,835
98$85,790,137$0$0$73,723,768
99$94,408,513$0$0$81,131,212
100$103,901,798$0$0$89,290,676