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%19.3%
1 years$63,503$62,938$62,386$61,847$61,321$59,028
2 years$31,437$30,852$30,284$29,734$29,201$26,917
3 years$20,750$20,162$19,596$19,051$18,526$16,323
4 years$15,407$14,821$14,261$13,725$13,213$11,108
5 years$12,203$11,620$11,067$10,542$10,044$8,042
6 years$10,067$9,489$8,944$8,431$7,948$6,050
7 years$8,542$7,969$7,432$6,931$6,464$4,670
8 years$7,399$6,830$6,303$5,815$5,362$3,671
9 years$6,510$5,947$5,429$4,953$4,516$2,925
10 years$5,800$5,242$4,733$4,269$3,848$2,354
11 years$5,219$4,667$4,167$3,716$3,309$1,909
12 years$4,735$4,189$3,698$3,259$2,868$1,558
13 years$4,326$3,785$3,304$2,877$2,501$1,278
14 years$3,975$3,441$2,969$2,554$2,192$1,052
15 years$3,672$3,143$2,680$2,278$1,930$869
16 years$3,407$2,884$2,430$2,040$1,706$719
17 years$3,173$2,656$2,211$1,832$1,512$597
18 years$2,966$2,454$2,019$1,651$1,345$496
19 years$2,780$2,274$1,848$1,492$1,199$413
20 years$2,614$2,114$1,696$1,351$1,071$344
21 years$2,463$1,969$1,560$1,227$958$287
22 years$2,326$1,838$1,438$1,115$859$240
23 years$2,202$1,719$1,327$1,016$771$200
24 years$2,087$1,610$1,228$926$693$167
25 years$1,983$1,511$1,137$846$624$140
26 years$1,886$1,420$1,055$774$562$117
27 years$1,797$1,337$979$708$506$98
28 years$1,714$1,260$910$649$457$82
29 years$1,637$1,188$847$595$413$69
30 years$1,565$1,122$789$546$373$57
31 years$1,498$1,061$736$501$337$48
32 years$1,436$1,004$686$461$305$40
33 years$1,377$951$641$424$276$34
34 years$1,322$901$599$390$250$28
35 years$1,270$855$560$359$226$24
36 years$1,221$811$524$331$205$20
37 years$1,175$770$490$305$186$17
38 years$1,132$732$459$281$168$14
39 years$1,090$696$430$259$153$12
40 years$1,051$662$403$239$139$10
41 years$1,014$630$378$220$126$8
42 years$979$600$355$203$114$7
43 years$946$572$333$188$104$6
44 years$914$545$312$173$94$5
45 years$883$520$293$160$85$4
46 years$854$496$275$148$77$3
47 years$827$473$259$137$70$3
48 years$800$452$243$126$64$2
49 years$775$432$229$117$58$2
50 years$751$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 $769,000, adding $6,328 every year, while hoping to spend $56,172 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: 62/20/18 Blend
44$769,000$769,000$769,000$769,000
45$853,965$813,208$801,289$902,622
46$881,303$793,289$768,365$916,238
47$909,547$770,511$732,456$924,226
48$938,730$744,675$693,403$931,632
49$968,886$715,570$651,037$938,407
50$1,000,051$682,972$605,187$944,495
51$1,032,265$646,646$555,668$949,840
52$1,065,566$606,341$502,293$954,381
53$1,099,995$561,794$444,862$958,054
54$1,135,598$512,725$383,168$960,793
55$1,172,419$458,838$316,994$962,526
56$1,210,507$399,823$246,115$963,178
57$1,249,913$335,348$170,293$962,673
58$1,290,690$265,066$89,284$960,928
59$1,332,895$188,609$2,830$957,856
60$1,376,587$105,588$0$953,367
61$1,421,830$15,592$0$964,543
62$1,468,689$0$0$975,803
63$1,517,236$0$0$1,004,562
64$1,567,545$0$0$1,037,924
65$1,619,696$0$0$1,072,513
66$1,673,772$0$0$1,108,385
67$1,729,863$0$0$1,145,600
68$1,788,064$0$0$1,184,222
69$1,848,477$0$0$1,224,318
70$1,911,210$0$0$1,265,963
71$1,976,379$0$0$1,309,234
72$2,044,108$0$0$1,354,214
73$2,114,528$0$0$1,400,992
74$2,187,781$0$0$1,449,664
75$2,264,020$0$0$1,500,332
76$2,343,407$0$0$1,553,107
77$2,426,118$0$0$1,608,106
78$2,512,342$0$0$1,665,458
79$2,602,281$0$0$1,725,299
80$2,696,155$0$0$1,787,778
81$2,794,201$0$0$1,853,055
82$2,896,672$0$0$1,921,302
83$3,003,846$0$0$1,992,706
84$3,116,020$0$0$2,067,469
85$3,233,519$0$0$2,145,811
86$3,356,691$0$0$2,227,968
87$3,485,918$0$0$2,314,200
88$3,621,612$0$0$2,404,784
89$3,764,220$0$0$2,500,026
90$3,914,231$0$0$2,600,256
91$4,072,173$0$0$2,705,834
92$4,238,624$0$0$2,817,153
93$4,414,213$0$0$2,934,638
94$4,599,624$0$0$3,058,757
95$4,795,604$0$0$3,190,016
96$5,002,969$0$0$3,328,970
97$5,222,610$0$0$3,476,226
98$5,455,497$0$0$3,632,444
99$5,702,695$0$0$3,798,348
100$5,965,366$0$0$3,974,729