Can I retire at age 45 with 769,000?

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 $769,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$63,503$62,938$62,386$61,847$61,321$60,833
2 years$31,437$30,852$30,284$29,734$29,201$28,708
3 years$20,750$20,162$19,596$19,051$18,526$18,045
4 years$15,407$14,821$14,261$13,725$13,213$12,747
5 years$12,203$11,620$11,067$10,542$10,044$9,595
6 years$10,067$9,489$8,944$8,431$7,948$7,515
7 years$8,542$7,969$7,432$6,931$6,464$6,048
8 years$7,399$6,830$6,303$5,815$5,362$4,964
9 years$6,510$5,947$5,429$4,953$4,516$4,135
10 years$5,800$5,242$4,733$4,269$3,848$3,483
11 years$5,219$4,667$4,167$3,716$3,309$2,961
12 years$4,735$4,189$3,698$3,259$2,868$2,536
13 years$4,326$3,785$3,304$2,877$2,501$2,185
14 years$3,975$3,441$2,969$2,554$2,192$1,892
15 years$3,672$3,143$2,680$2,278$1,930$1,645
16 years$3,407$2,884$2,430$2,040$1,706$1,435
17 years$3,173$2,656$2,211$1,832$1,512$1,256
18 years$2,966$2,454$2,019$1,651$1,345$1,102
19 years$2,780$2,274$1,848$1,492$1,199$969
20 years$2,614$2,114$1,696$1,351$1,071$854
21 years$2,463$1,969$1,560$1,227$958$754
22 years$2,326$1,838$1,438$1,115$859$666
23 years$2,202$1,719$1,327$1,016$771$590
24 years$2,087$1,610$1,228$926$693$522
25 years$1,983$1,511$1,137$846$624$463
26 years$1,886$1,420$1,055$774$562$411
27 years$1,797$1,337$979$708$506$365
28 years$1,714$1,260$910$649$457$325
29 years$1,637$1,188$847$595$413$289
30 years$1,565$1,122$789$546$373$257
31 years$1,498$1,061$736$501$337$229
32 years$1,436$1,004$686$461$305$204
33 years$1,377$951$641$424$276$182
34 years$1,322$901$599$390$250$162
35 years$1,270$855$560$359$226$144
36 years$1,221$811$524$331$205$129
37 years$1,175$770$490$305$186$115
38 years$1,132$732$459$281$168$102
39 years$1,090$696$430$259$153$91
40 years$1,051$662$403$239$139$82
41 years$1,014$630$378$220$126$73
42 years$979$600$355$203$114$65
43 years$946$572$333$188$104$58
44 years$914$545$312$173$94$52
45 years$883$520$293$160$85$46
46 years$854$496$275$148$77$41
47 years$827$473$259$137$70$37
48 years$800$452$243$126$64$33
49 years$775$432$229$117$58$29
50 years$751$412$215$108$53$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $769,000, adding $2,101 every year, while hoping to spend $24,220 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: 34/45/21 Blend
44$769,000$769,000$769,000$769,000
45$849,605$808,848$796,929$872,970
46$910,495$822,712$797,856$904,311
47$976,784$836,443$798,002$935,714
48$1,048,997$850,010$797,317$969,079
49$1,127,712$863,378$795,744$1,004,596
50$1,213,565$876,510$793,228$1,042,473
51$1,307,256$889,366$789,708$1,082,941
52$1,409,556$901,905$785,123$1,126,255
53$1,521,312$914,080$779,407$1,172,697
54$1,643,459$925,843$772,490$1,222,579
55$1,777,025$937,142$764,301$1,276,246
56$1,923,141$947,922$754,765$1,334,080
57$2,083,054$958,123$743,803$1,396,503
58$2,258,137$967,682$731,331$1,463,981
59$2,449,900$976,531$717,264$1,537,031
60$2,660,008$984,600$701,511$1,616,221
61$2,890,295$991,810$683,977$1,702,183
62$3,142,777$998,082$664,562$1,795,613
63$3,419,680$1,003,327$643,165$1,897,280
64$3,723,452$1,007,454$619,675$2,008,035
65$4,056,789$1,010,365$593,979$2,128,817
66$4,422,664$1,011,955$565,960$2,260,666
67$4,824,348$1,012,114$535,492$2,404,727
68$5,265,448$1,010,723$502,447$2,562,269
69$5,749,933$1,007,658$466,689$2,734,691
70$6,282,179$1,002,787$428,076$2,923,539
71$6,867,006$995,968$386,461$3,130,520
72$7,509,722$987,052$341,689$3,357,520
73$8,216,178$975,881$293,600$3,606,620
74$8,992,816$962,288$242,023$3,880,120
75$9,846,737$946,094$186,785$4,180,557
76$10,785,763$927,111$127,701$4,510,734
77$11,818,511$905,139$64,579$4,873,744
78$12,954,476$879,968$0$5,273,002
79$14,204,120$851,374$0$5,712,899
80$15,578,968$819,119$0$6,212,455
81$17,091,721$782,954$0$6,761,825
82$18,756,371$742,613$0$7,366,125
83$20,588,336$697,817$0$8,030,999
84$22,604,605$648,268$0$8,762,673
85$24,823,894$593,653$0$9,568,011
86$27,266,831$533,641$0$10,454,585
87$29,956,140$467,882$0$11,430,743
88$32,916,863$396,006$0$12,505,694
89$36,176,595$317,621$0$13,689,591
90$39,765,738$232,315$0$14,993,631
91$43,717,797$139,652$0$16,430,160
92$48,069,688$39,171$0$18,012,792
93$52,862,091$0$0$19,756,539
94$58,139,832$0$0$21,712,426
95$63,952,306$0$0$23,887,994
96$70,353,942$0$0$26,284,239
97$77,404,718$0$0$28,923,630
98$85,170,724$0$0$31,830,929
99$93,724,792$0$0$35,033,421
100$103,147,173$0$0$38,561,172