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%18.4%
1 years$63,338$62,774$62,224$61,686$61,162$59,086
2 years$31,356$30,772$30,206$29,657$29,125$27,054
3 years$20,696$20,110$19,545$19,001$18,478$16,477
4 years$15,367$14,783$14,224$13,689$13,179$11,264
5 years$12,171$11,590$11,038$10,515$10,018$8,194
6 years$10,041$9,464$8,921$8,409$7,927$6,195
7 years$8,520$7,948$7,413$6,913$6,447$4,807
8 years$7,380$6,813$6,287$5,799$5,348$3,799
9 years$6,493$5,932$5,415$4,940$4,504$3,043
10 years$5,784$5,229$4,721$4,258$3,838$2,463
11 years$5,205$4,655$4,156$3,706$3,300$2,010
12 years$4,722$4,178$3,688$3,251$2,860$1,650
13 years$4,314$3,775$3,295$2,870$2,494$1,361
14 years$3,965$3,432$2,961$2,547$2,186$1,128
15 years$3,663$3,135$2,673$2,272$1,925$937
16 years$3,398$2,876$2,424$2,034$1,701$781
17 years$3,165$2,649$2,206$1,828$1,508$653
18 years$2,958$2,448$2,013$1,647$1,341$546
19 years$2,773$2,269$1,843$1,488$1,196$458
20 years$2,607$2,108$1,692$1,348$1,068$384
21 years$2,457$1,964$1,556$1,223$956$323
22 years$2,320$1,833$1,434$1,112$857$271
23 years$2,196$1,714$1,324$1,013$769$228
24 years$2,082$1,606$1,224$924$691$192
25 years$1,977$1,507$1,134$844$622$162
26 years$1,881$1,417$1,052$772$560$136
27 years$1,792$1,333$977$706$505$115
28 years$1,709$1,256$908$647$456$97
29 years$1,633$1,185$845$593$412$82
30 years$1,561$1,119$787$545$372$69
31 years$1,495$1,058$734$500$336$58
32 years$1,432$1,001$685$460$304$49
33 years$1,374$948$639$423$275$41
34 years$1,319$899$597$389$249$35
35 years$1,267$852$558$358$226$30
36 years$1,218$809$522$330$204$25
37 years$1,172$768$489$304$185$21
38 years$1,129$730$458$280$168$18
39 years$1,088$694$429$258$152$15
40 years$1,049$661$402$238$138$13
41 years$1,012$629$377$220$125$11
42 years$977$599$354$203$114$9
43 years$943$571$332$187$103$8
44 years$911$544$311$173$94$6
45 years$881$519$292$160$85$5
46 years$852$495$275$147$77$5
47 years$825$472$258$136$70$4
48 years$798$451$243$126$64$3
49 years$773$430$228$116$58$3
50 years$749$411$214$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $767,000, adding $4,402 every year, while hoping to spend $57,749 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: 38/46/16 Blend
44$767,000$767,000$767,000$767,000
45$849,775$809,124$797,235$877,814
46$875,007$787,326$762,498$876,517
47$900,878$762,525$724,662$869,256
48$927,391$734,513$683,561$860,178
49$954,549$703,068$639,025$849,150
50$982,353$667,958$590,872$836,030
51$1,010,802$628,937$538,915$820,669
52$1,039,892$585,743$482,958$802,905
53$1,069,619$538,102$422,794$782,571
54$1,099,972$485,722$358,210$759,487
55$1,130,941$428,294$288,982$733,463
56$1,162,511$365,494$214,876$704,295
57$1,194,661$296,977$135,649$671,771
58$1,227,368$222,380$51,044$635,663
59$1,260,603$141,320$0$595,730
60$1,294,331$53,392$0$558,416
61$1,328,511$0$0$526,484
62$1,363,096$0$0$512,150
63$1,398,030$0$0$524,931
64$1,433,248$0$0$537,772
65$1,468,675$0$0$550,642
66$1,504,227$0$0$563,502
67$1,539,806$0$0$576,309
68$1,575,302$0$0$589,015
69$1,610,589$0$0$601,567
70$1,645,526$0$0$613,901
71$1,679,952$0$0$625,949
72$1,713,686$0$0$637,633
73$1,746,527$0$0$648,865
74$1,778,246$0$0$659,549
75$1,808,587$0$0$669,574
76$1,837,266$0$0$678,818
77$1,863,962$0$0$687,145
78$1,888,319$0$0$694,402
79$1,909,939$0$0$700,420
80$1,928,377$0$0$705,011
81$1,943,141$0$0$707,964
82$1,953,680$0$0$709,047
83$1,959,382$0$0$707,999
84$1,959,569$0$0$704,533
85$1,953,485$0$0$698,329
86$1,940,293$0$0$689,034
87$1,919,063$0$0$676,254
88$1,888,764$0$0$659,554
89$1,848,255$0$0$638,451
90$1,796,269$0$0$612,413
91$1,731,405$0$0$580,847
92$1,652,110$0$0$543,099
93$1,556,666$0$0$498,446
94$1,443,172$0$0$446,086
95$1,309,524$0$0$385,135
96$1,153,399$0$0$314,613
97$972,222$0$0$233,440
98$763,153$0$0$140,419
99$523,050$0$0$34,230
100$248,440$0$0$0