Can I retire at age 45 with 768,000?

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 $768,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$63,421$62,856$62,305$61,767$61,241$58,928
2 years$31,396$30,812$30,245$29,696$29,163$26,859
3 years$20,723$20,136$19,571$19,026$18,502$16,280
4 years$15,387$14,802$14,242$13,707$13,196$11,073
5 years$12,187$11,605$11,053$10,529$10,031$8,013
6 years$10,054$9,476$8,932$8,420$7,937$6,025
7 years$8,531$7,958$7,423$6,922$6,455$4,648
8 years$7,389$6,822$6,295$5,807$5,355$3,651
9 years$6,502$5,939$5,422$4,946$4,510$2,907
10 years$5,792$5,235$4,727$4,264$3,843$2,338
11 years$5,212$4,661$4,162$3,711$3,305$1,895
12 years$4,729$4,183$3,693$3,255$2,864$1,546
13 years$4,320$3,780$3,300$2,873$2,497$1,267
14 years$3,970$3,436$2,965$2,551$2,189$1,042
15 years$3,667$3,139$2,677$2,275$1,927$860
16 years$3,403$2,880$2,427$2,037$1,704$712
17 years$3,169$2,652$2,208$1,830$1,510$590
18 years$2,962$2,451$2,016$1,649$1,343$490
19 years$2,777$2,272$1,846$1,490$1,197$408
20 years$2,610$2,111$1,694$1,350$1,069$339
21 years$2,460$1,966$1,558$1,225$957$283
22 years$2,323$1,835$1,436$1,114$858$236
23 years$2,199$1,717$1,326$1,014$770$197
24 years$2,085$1,608$1,226$925$692$165
25 years$1,980$1,509$1,136$845$623$137
26 years$1,884$1,418$1,053$773$561$115
27 years$1,794$1,335$978$707$506$96
28 years$1,712$1,258$909$648$456$80
29 years$1,635$1,187$846$594$412$67
30 years$1,563$1,121$788$545$372$56
31 years$1,496$1,059$735$501$337$47
32 years$1,434$1,002$685$460$304$39
33 years$1,375$949$640$423$276$33
34 years$1,320$900$598$389$249$28
35 years$1,269$853$559$358$226$23
36 years$1,220$810$523$330$205$19
37 years$1,174$769$490$304$186$16
38 years$1,130$731$458$280$168$14
39 years$1,089$695$430$259$153$11
40 years$1,050$661$403$238$138$10
41 years$1,013$630$377$220$126$8
42 years$978$600$354$203$114$7
43 years$944$571$332$187$103$6
44 years$912$545$312$173$94$5
45 years$882$519$293$160$85$4
46 years$853$495$275$148$77$3
47 years$826$473$258$136$70$3
48 years$799$451$243$126$64$2
49 years$774$431$228$116$58$2
50 years$750$412$215$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $768,000, adding $4,428 every year, while hoping to spend $54,476 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: 75/17/8 Blend
44$768,000$768,000$768,000$768,000
45$850,903$810,199$798,295$913,358
46$879,734$791,937$767,076$936,820
47$909,679$770,954$732,986$955,169
48$940,795$747,060$695,869$973,721
49$973,142$720,052$655,567$992,478
50$1,006,785$689,717$611,911$1,011,440
51$1,041,792$655,828$564,726$1,030,610
52$1,078,238$618,147$513,827$1,049,991
53$1,116,203$576,421$459,024$1,069,589
54$1,155,771$530,381$400,117$1,089,410
55$1,197,035$479,745$336,897$1,109,463
56$1,240,095$424,215$269,145$1,129,758
57$1,285,057$363,474$196,634$1,150,310
58$1,332,037$297,188$119,125$1,171,134
59$1,381,160$225,005$36,371$1,192,252
60$1,432,561$146,553$0$1,213,686
61$1,486,386$61,439$0$1,239,900
62$1,542,794$0$0$1,270,095
63$1,601,957$0$0$1,306,980
64$1,664,061$0$0$1,357,772
65$1,729,309$0$0$1,411,146
66$1,797,921$0$0$1,467,283
67$1,870,137$0$0$1,526,380
68$1,946,216$0$0$1,588,652
69$2,026,444$0$0$1,654,333
70$2,111,128$0$0$1,723,678
71$2,200,607$0$0$1,796,966
72$2,295,248$0$0$1,874,499
73$2,395,454$0$0$1,956,609
74$2,501,662$0$0$2,043,658
75$2,614,352$0$0$2,136,042
76$2,734,049$0$0$2,234,193
77$2,861,325$0$0$2,338,583
78$2,996,808$0$0$2,449,732
79$3,141,185$0$0$2,568,204
80$3,295,207$0$0$2,694,622
81$3,459,699$0$0$2,829,665
82$3,635,563$0$0$2,974,079
83$3,823,788$0$0$3,128,679
84$4,025,461$0$0$3,294,364
85$4,241,771$0$0$3,472,115
86$4,474,024$0$0$3,663,010
87$4,723,655$0$0$3,868,235
88$4,992,236$0$0$4,089,087
89$5,281,496$0$0$4,326,995
90$5,593,332$0$0$4,583,525
91$5,929,828$0$0$4,860,400
92$6,293,275$0$0$5,159,510
93$6,686,191$0$0$5,482,935
94$7,111,340$0$0$5,832,960
95$7,571,763$0$0$6,212,096
96$8,070,805$0$0$6,623,106
97$8,612,140$0$0$7,069,026
98$9,199,812$0$0$7,553,197
99$9,838,268$0$0$8,079,291
100$10,532,398$0$0$8,651,351