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%12.1%
1 years$63,503$62,938$62,386$61,847$61,321$60,782
2 years$31,437$30,852$30,284$29,734$29,201$28,657
3 years$20,750$20,162$19,596$19,051$18,526$17,995
4 years$15,407$14,821$14,261$13,725$13,213$12,699
5 years$12,203$11,620$11,067$10,542$10,044$9,549
6 years$10,067$9,489$8,944$8,431$7,948$7,471
7 years$8,542$7,969$7,432$6,931$6,464$6,006
8 years$7,399$6,830$6,303$5,815$5,362$4,924
9 years$6,510$5,947$5,429$4,953$4,516$4,096
10 years$5,800$5,242$4,733$4,269$3,848$3,447
11 years$5,219$4,667$4,167$3,716$3,309$2,927
12 years$4,735$4,189$3,698$3,259$2,868$2,503
13 years$4,326$3,785$3,304$2,877$2,501$2,154
14 years$3,975$3,441$2,969$2,554$2,192$1,863
15 years$3,672$3,143$2,680$2,278$1,930$1,617
16 years$3,407$2,884$2,430$2,040$1,706$1,409
17 years$3,173$2,656$2,211$1,832$1,512$1,232
18 years$2,966$2,454$2,019$1,651$1,345$1,079
19 years$2,780$2,274$1,848$1,492$1,199$948
20 years$2,614$2,114$1,696$1,351$1,071$834
21 years$2,463$1,969$1,560$1,227$958$735
22 years$2,326$1,838$1,438$1,115$859$649
23 years$2,202$1,719$1,327$1,016$771$573
24 years$2,087$1,610$1,228$926$693$507
25 years$1,983$1,511$1,137$846$624$449
26 years$1,886$1,420$1,055$774$562$398
27 years$1,797$1,337$979$708$506$353
28 years$1,714$1,260$910$649$457$313
29 years$1,637$1,188$847$595$413$278
30 years$1,565$1,122$789$546$373$247
31 years$1,498$1,061$736$501$337$220
32 years$1,436$1,004$686$461$305$195
33 years$1,377$951$641$424$276$174
34 years$1,322$901$599$390$250$155
35 years$1,270$855$560$359$226$138
36 years$1,221$811$524$331$205$122
37 years$1,175$770$490$305$186$109
38 years$1,132$732$459$281$168$97
39 years$1,090$696$430$259$153$87
40 years$1,051$662$403$239$139$77
41 years$1,014$630$378$220$126$69
42 years$979$600$355$203$114$61
43 years$946$572$333$188$104$55
44 years$914$545$312$173$94$49
45 years$883$520$293$160$85$43
46 years$854$496$275$148$77$39
47 years$827$473$259$137$70$34
48 years$800$452$243$126$64$31
49 years$775$432$229$117$58$27
50 years$751$412$215$108$53$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $769,000, adding $4,217 every year, while hoping to spend $56,734 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: 69/26/5 Blend
44$769,000$769,000$769,000$769,000
45$851,788$811,031$799,111$909,808
46$878,306$790,407$765,517$928,098
47$905,627$766,871$728,896$940,722
48$933,773$740,220$689,086$952,965
49$962,768$710,240$645,920$964,776
50$992,633$676,705$599,221$976,102
51$1,023,391$639,373$548,805$986,885
52$1,055,066$597,992$494,479$997,065
53$1,087,682$552,292$436,044$1,006,576
54$1,121,262$501,991$373,288$1,015,348
55$1,155,831$446,788$305,992$1,023,306
56$1,191,411$386,367$233,929$1,030,371
57$1,228,028$320,392$156,859$1,036,457
58$1,265,706$248,510$74,532$1,041,474
59$1,304,467$170,346$0$1,045,324
60$1,344,337$85,507$0$1,048,614
61$1,385,338$0$0$1,054,814
62$1,427,493$0$0$1,061,679
63$1,470,825$0$0$1,093,879
64$1,515,355$0$0$1,126,967
65$1,561,104$0$0$1,160,957
66$1,608,091$0$0$1,195,864
67$1,656,336$0$0$1,231,702
68$1,705,855$0$0$1,268,481
69$1,756,662$0$0$1,306,212
70$1,808,772$0$0$1,344,905
71$1,862,194$0$0$1,384,567
72$1,916,936$0$0$1,425,203
73$1,973,003$0$0$1,466,814
74$2,030,396$0$0$1,509,402
75$2,089,111$0$0$1,552,962
76$2,149,141$0$0$1,597,488
77$2,210,473$0$0$1,642,968
78$2,273,088$0$0$1,689,388
79$2,336,960$0$0$1,736,725
80$2,402,055$0$0$1,784,954
81$2,468,331$0$0$1,834,042
82$2,535,738$0$0$1,883,947
83$2,604,212$0$0$1,934,622
84$2,673,681$0$0$1,986,009
85$2,744,056$0$0$2,038,041
86$2,815,236$0$0$2,090,637
87$2,887,102$0$0$2,143,707
88$2,959,517$0$0$2,197,145
89$3,032,322$0$0$2,250,829
90$3,105,338$0$0$2,304,620
91$3,178,359$0$0$2,358,360
92$3,251,151$0$0$2,411,870
93$3,323,449$0$0$2,464,946
94$3,394,952$0$0$2,517,358
95$3,465,323$0$0$2,568,848
96$3,534,180$0$0$2,619,123
97$3,601,096$0$0$2,667,856
98$3,665,590$0$0$2,714,680
99$3,727,123$0$0$2,759,183
100$3,785,093$0$0$2,800,905