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 $6,127 every year, while hoping to spend $43,707 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: 81/12/7 Blend
44$768,000$768,000$768,000$768,000
45$852,656$811,952$800,048$920,612
46$893,123$805,234$780,346$959,261
47$936,253$796,721$758,518$995,242
48$982,271$786,281$734,449$1,033,400
49$1,031,424$773,770$708,015$1,073,930
50$1,083,983$759,039$679,087$1,117,044
51$1,140,245$741,927$647,532$1,162,978
52$1,200,535$722,267$613,209$1,211,992
53$1,265,210$699,878$575,972$1,264,370
54$1,334,662$674,573$535,668$1,320,428
55$1,409,320$646,150$492,136$1,380,513
56$1,489,657$614,398$445,209$1,445,008
57$1,576,191$579,092$394,712$1,514,334
58$1,669,491$539,996$340,463$1,588,956
59$1,770,183$496,859$282,272$1,669,388
60$1,878,952$449,416$219,939$1,756,196
61$1,996,555$397,387$153,257$1,850,002
62$2,123,820$340,476$82,008$1,951,495
63$2,261,661$278,370$5,966$2,061,434
64$2,411,079$210,739$0$2,180,655
65$2,573,178$137,234$0$2,315,696
66$2,749,170$57,487$0$2,462,801
67$2,940,390$0$0$2,622,664
68$3,148,305$0$0$2,800,360
69$3,374,528$0$0$3,001,981
70$3,620,838$0$0$3,221,520
71$3,889,186$0$0$3,460,723
72$4,181,726$0$0$3,721,508
73$4,500,824$0$0$4,005,989
74$4,849,086$0$0$4,316,491
75$5,229,379$0$0$4,655,573
76$5,644,861$0$0$5,026,055
77$6,099,009$0$0$5,431,037
78$6,595,648$0$0$5,873,935
79$7,138,992$0$0$6,358,511
80$7,733,681$0$0$6,888,904
81$8,384,823$0$0$7,469,675
82$9,098,044$0$0$8,105,845
83$9,879,540$0$0$8,802,943
84$10,736,134$0$0$9,567,061
85$11,675,340$0$0$10,404,903
86$12,705,435$0$0$11,323,859
87$13,835,534$0$0$12,332,065
88$15,075,679$0$0$13,438,482
89$16,436,930$0$0$14,652,984
90$17,931,470$0$0$15,986,443
91$19,572,720$0$0$17,450,839
92$21,375,462$0$0$19,059,368
93$23,355,983$0$0$20,826,565
94$25,532,224$0$0$22,768,446
95$27,923,951$0$0$24,902,652
96$30,552,938$0$0$27,248,620
97$33,443,175$0$0$29,827,762
98$36,621,093$0$0$32,663,670
99$40,115,809$0$0$35,782,334
100$43,959,407$0$0$39,212,392