Can I retire at age 45 with 769,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.5%
1 years$63,503$62,938$62,386$61,847$61,321$59,693
2 years$31,437$30,852$30,284$29,734$29,201$27,572
3 years$20,750$20,162$19,596$19,051$18,526$16,948
4 years$15,407$14,821$14,261$13,725$13,213$11,697
5 years$12,203$11,620$11,067$10,542$10,044$8,595
6 years$10,067$9,489$8,944$8,431$7,948$6,566
7 years$8,542$7,969$7,432$6,931$6,464$5,150
8 years$7,399$6,830$6,303$5,815$5,362$4,116
9 years$6,510$5,947$5,429$4,953$4,516$3,335
10 years$5,800$5,242$4,733$4,269$3,848$2,732
11 years$5,219$4,667$4,167$3,716$3,309$2,256
12 years$4,735$4,189$3,698$3,259$2,868$1,876
13 years$4,326$3,785$3,304$2,877$2,501$1,568
14 years$3,975$3,441$2,969$2,554$2,192$1,316
15 years$3,672$3,143$2,680$2,278$1,930$1,109
16 years$3,407$2,884$2,430$2,040$1,706$937
17 years$3,173$2,656$2,211$1,832$1,512$793
18 years$2,966$2,454$2,019$1,651$1,345$673
19 years$2,780$2,274$1,848$1,492$1,199$572
20 years$2,614$2,114$1,696$1,351$1,071$487
21 years$2,463$1,969$1,560$1,227$958$415
22 years$2,326$1,838$1,438$1,115$859$354
23 years$2,202$1,719$1,327$1,016$771$303
24 years$2,087$1,610$1,228$926$693$259
25 years$1,983$1,511$1,137$846$624$221
26 years$1,886$1,420$1,055$774$562$189
27 years$1,797$1,337$979$708$506$162
28 years$1,714$1,260$910$649$457$139
29 years$1,637$1,188$847$595$413$119
30 years$1,565$1,122$789$546$373$102
31 years$1,498$1,061$736$501$337$87
32 years$1,436$1,004$686$461$305$75
33 years$1,377$951$641$424$276$64
34 years$1,322$901$599$390$250$55
35 years$1,270$855$560$359$226$47
36 years$1,221$811$524$331$205$41
37 years$1,175$770$490$305$186$35
38 years$1,132$732$459$281$168$30
39 years$1,090$696$430$259$153$26
40 years$1,051$662$403$239$139$22
41 years$1,014$630$378$220$126$19
42 years$979$600$355$203$114$16
43 years$946$572$333$188$104$14
44 years$914$545$312$173$94$12
45 years$883$520$293$160$85$10
46 years$854$496$275$148$77$9
47 years$827$473$259$137$70$8
48 years$800$452$243$126$64$6
49 years$775$432$229$117$58$6
50 years$751$412$215$108$53$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $769,000, adding $5,358 every year, while hoping to spend $30,289 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: 76/11/13 Blend
44$769,000$769,000$769,000$769,000
45$852,965$812,208$800,288$915,136
46$907,740$819,779$794,871$964,452
47$967,087$826,705$788,256$1,014,155
48$1,031,440$832,924$780,373$1,067,802
49$1,101,278$838,368$771,146$1,125,775
50$1,177,124$842,964$760,496$1,188,495
51$1,259,558$846,636$748,339$1,256,425
52$1,349,214$849,303$734,590$1,330,078
53$1,446,793$850,878$719,158$1,410,017
54$1,553,063$851,268$701,947$1,496,863
55$1,668,872$850,377$682,859$1,591,302
56$1,795,151$848,099$661,789$1,694,086
57$1,932,926$844,326$638,629$1,806,050
58$2,083,327$838,941$613,265$1,928,109
59$2,247,596$831,818$585,579$2,061,274
60$2,427,100$822,827$555,446$2,206,659
61$2,623,348$811,829$522,736$2,365,493
62$2,837,995$798,675$487,314$2,539,129
63$3,072,870$783,209$449,038$2,729,060
64$3,329,982$765,265$407,760$2,936,930
65$3,611,545$744,668$363,325$3,164,553
66$3,919,998$721,232$315,571$3,413,927
67$4,258,025$694,760$264,330$3,687,257
68$4,628,583$665,043$209,426$3,986,972
69$5,034,931$631,862$150,673$4,315,749
70$5,480,654$594,983$87,881$4,676,540
71$5,969,704$554,161$20,848$5,072,598
72$6,506,432$509,133$0$5,507,512
73$7,095,634$459,626$0$5,992,265
74$7,742,588$405,348$0$6,527,729
75$8,453,113$345,990$0$7,115,845
76$9,233,616$281,229$0$7,761,941
77$10,091,156$210,721$0$8,471,891
78$11,033,510$134,102$0$9,252,165
79$12,069,245$50,991$0$10,109,895
80$13,207,801$0$0$11,052,939
81$14,459,575$0$0$12,094,679
82$15,836,024$0$0$13,246,994
83$17,349,771$0$0$14,514,284
84$19,014,722$0$0$15,908,194
85$20,846,198$0$0$17,441,556
86$22,861,083$0$0$19,128,509
87$25,077,976$0$0$20,984,631
88$27,517,371$0$0$23,027,086
89$30,201,851$0$0$25,274,784
90$33,156,294$0$0$27,748,564
91$36,408,118$0$0$30,471,385
92$39,987,529$0$0$33,468,548
93$43,927,812$0$0$36,767,926
94$48,265,643$0$0$40,400,238
95$53,041,434$0$0$44,399,328
96$58,299,716$0$0$48,802,490
97$64,089,556$0$0$53,650,819
98$70,465,023$0$0$58,989,598
99$77,485,695$0$0$64,868,724
100$85,217,222$0$0$71,343,179