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%16.9%
1 years$63,421$62,856$62,305$61,767$61,241$59,520
2 years$31,396$30,812$30,245$29,696$29,163$27,441
3 years$20,723$20,136$19,571$19,026$18,502$16,835
4 years$15,387$14,802$14,242$13,707$13,196$11,595
5 years$12,187$11,605$11,053$10,529$10,031$8,502
6 years$10,054$9,476$8,932$8,420$7,937$6,481
7 years$8,531$7,958$7,423$6,922$6,455$5,072
8 years$7,389$6,822$6,295$5,807$5,355$4,044
9 years$6,502$5,939$5,422$4,946$4,510$3,269
10 years$5,792$5,235$4,727$4,264$3,843$2,671
11 years$5,212$4,661$4,162$3,711$3,305$2,200
12 years$4,729$4,183$3,693$3,255$2,864$1,825
13 years$4,320$3,780$3,300$2,873$2,497$1,521
14 years$3,970$3,436$2,965$2,551$2,189$1,273
15 years$3,667$3,139$2,677$2,275$1,927$1,070
16 years$3,403$2,880$2,427$2,037$1,704$901
17 years$3,169$2,652$2,208$1,830$1,510$761
18 years$2,962$2,451$2,016$1,649$1,343$644
19 years$2,777$2,272$1,846$1,490$1,197$546
20 years$2,610$2,111$1,694$1,350$1,069$463
21 years$2,460$1,966$1,558$1,225$957$394
22 years$2,323$1,835$1,436$1,114$858$335
23 years$2,199$1,717$1,326$1,014$770$285
24 years$2,085$1,608$1,226$925$692$243
25 years$1,980$1,509$1,136$845$623$207
26 years$1,884$1,418$1,053$773$561$177
27 years$1,794$1,335$978$707$506$151
28 years$1,712$1,258$909$648$456$129
29 years$1,635$1,187$846$594$412$110
30 years$1,563$1,121$788$545$372$94
31 years$1,496$1,059$735$501$337$80
32 years$1,434$1,002$685$460$304$68
33 years$1,375$949$640$423$276$59
34 years$1,320$900$598$389$249$50
35 years$1,269$853$559$358$226$43
36 years$1,220$810$523$330$205$37
37 years$1,174$769$490$304$186$31
38 years$1,130$731$458$280$168$27
39 years$1,089$695$430$259$153$23
40 years$1,050$661$403$238$138$20
41 years$1,013$630$377$220$126$17
42 years$978$600$354$203$114$14
43 years$944$571$332$187$103$12
44 years$912$545$312$173$94$10
45 years$882$519$293$160$85$9
46 years$853$495$275$148$77$8
47 years$826$473$258$136$70$7
48 years$799$451$243$126$64$6
49 years$774$431$228$116$58$5
50 years$750$412$215$108$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $768,000, adding $3,363 every year, while hoping to spend $37,421 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: 79/8/13 Blend
44$768,000$768,000$768,000$768,000
45$849,805$809,101$797,197$914,522
46$896,669$808,931$784,087$957,392
47$947,060$807,499$769,284$999,263
48$1,001,296$804,703$752,692$1,044,131
49$1,059,731$800,435$734,209$1,092,280
50$1,122,749$794,582$713,731$1,144,022
51$1,190,775$787,022$691,146$1,199,702
52$1,264,275$777,628$666,341$1,259,698
53$1,343,761$766,262$639,194$1,324,431
54$1,429,797$752,781$609,579$1,394,360
55$1,523,001$737,032$577,364$1,469,995
56$1,624,054$718,853$542,413$1,551,895
57$1,733,704$698,073$504,580$1,640,679
58$1,852,774$674,511$463,716$1,737,028
59$1,982,169$647,975$419,663$1,841,694
60$2,122,886$618,261$372,257$1,955,503
61$2,276,020$585,156$321,327$2,079,369
62$2,442,777$548,431$266,694$2,214,300
63$2,624,483$507,846$208,171$2,361,403
64$2,822,597$463,148$145,562$2,521,904
65$3,038,728$414,068$78,664$2,697,151
66$3,274,643$360,322$7,264$2,888,631
67$3,532,289$301,611$0$3,097,985
68$3,813,810$237,617$0$3,336,583
69$4,121,564$168,006$0$3,598,553
70$4,458,150$92,424$0$3,885,119
71$4,826,427$10,499$0$4,198,738
72$5,229,545$0$0$4,542,120
73$5,670,973$0$0$4,925,130
74$6,154,528$0$0$5,345,729
75$6,684,417$0$0$5,806,653
76$7,265,272$0$0$6,311,935
77$7,902,194$0$0$6,866,015
78$8,600,802$0$0$7,473,784
79$9,367,284$0$0$8,140,630
80$10,208,457$0$0$8,872,487
81$11,131,829$0$0$9,675,891
82$12,145,672$0$0$10,558,042
83$13,259,097$0$0$11,526,871
84$14,482,140$0$0$12,591,116
85$15,825,857$0$0$13,760,402
86$17,302,429$0$0$15,045,332
87$18,925,276$0$0$16,457,589
88$20,709,180$0$0$18,010,041
89$22,670,428$0$0$19,716,867
90$24,826,964$0$0$21,593,688
91$27,198,557$0$0$23,657,715
92$29,806,990$0$0$25,927,908
93$32,676,258$0$0$28,425,161
94$35,832,805$0$0$31,172,490
95$39,305,762$0$0$34,195,257
96$43,127,227$0$0$37,521,406
97$47,332,569$0$0$41,181,728
98$51,960,756$0$0$45,210,145
99$57,054,727$0$0$49,644,040
100$62,661,793$0$0$54,524,599