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%19.4%
1 years$63,503$62,938$62,386$61,847$61,321$59,005
2 years$31,437$30,852$30,284$29,734$29,201$26,894
3 years$20,750$20,162$19,596$19,051$18,526$16,301
4 years$15,407$14,821$14,261$13,725$13,213$11,087
5 years$12,203$11,620$11,067$10,542$10,044$8,023
6 years$10,067$9,489$8,944$8,431$7,948$6,033
7 years$8,542$7,969$7,432$6,931$6,464$4,654
8 years$7,399$6,830$6,303$5,815$5,362$3,656
9 years$6,510$5,947$5,429$4,953$4,516$2,911
10 years$5,800$5,242$4,733$4,269$3,848$2,341
11 years$5,219$4,667$4,167$3,716$3,309$1,898
12 years$4,735$4,189$3,698$3,259$2,868$1,548
13 years$4,326$3,785$3,304$2,877$2,501$1,268
14 years$3,975$3,441$2,969$2,554$2,192$1,044
15 years$3,672$3,143$2,680$2,278$1,930$861
16 years$3,407$2,884$2,430$2,040$1,706$713
17 years$3,173$2,656$2,211$1,832$1,512$591
18 years$2,966$2,454$2,019$1,651$1,345$491
19 years$2,780$2,274$1,848$1,492$1,199$408
20 years$2,614$2,114$1,696$1,351$1,071$340
21 years$2,463$1,969$1,560$1,227$958$283
22 years$2,326$1,838$1,438$1,115$859$236
23 years$2,202$1,719$1,327$1,016$771$197
24 years$2,087$1,610$1,228$926$693$165
25 years$1,983$1,511$1,137$846$624$138
26 years$1,886$1,420$1,055$774$562$115
27 years$1,797$1,337$979$708$506$96
28 years$1,714$1,260$910$649$457$80
29 years$1,637$1,188$847$595$413$67
30 years$1,565$1,122$789$546$373$56
31 years$1,498$1,061$736$501$337$47
32 years$1,436$1,004$686$461$305$39
33 years$1,377$951$641$424$276$33
34 years$1,322$901$599$390$250$28
35 years$1,270$855$560$359$226$23
36 years$1,221$811$524$331$205$19
37 years$1,175$770$490$305$186$16
38 years$1,132$732$459$281$168$14
39 years$1,090$696$430$259$153$11
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 $5,557 every year, while hoping to spend $34,913 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: 61/22/17 Blend
44$769,000$769,000$769,000$769,000
45$853,170$812,413$800,494$901,198
46$903,046$815,074$790,163$936,900
47$956,840$816,695$778,316$971,445
48$1,014,913$817,189$764,865$1,008,329
49$1,077,665$816,462$749,719$1,047,781
50$1,145,533$814,415$732,781$1,090,056
51$1,218,999$810,943$713,951$1,135,436
52$1,298,593$805,935$693,124$1,184,233
53$1,384,895$799,272$670,189$1,236,791
54$1,478,546$790,828$645,033$1,293,491
55$1,580,250$780,471$617,534$1,354,755
56$1,690,781$768,060$587,567$1,421,049
57$1,810,991$753,444$555,000$1,492,887
58$1,941,816$736,467$519,696$1,570,839
59$2,084,288$716,960$481,513$1,655,534
60$2,239,540$694,747$440,298$1,747,668
61$2,408,822$669,638$395,897$1,848,009
62$2,593,507$641,436$348,145$1,957,407
63$2,795,108$609,930$296,871$2,076,799
64$3,015,290$574,897$241,898$2,207,222
65$3,255,886$536,103$183,037$2,349,822
66$3,518,913$493,299$120,096$2,505,863
67$3,806,593$446,221$52,870$2,676,743
68$4,121,372$394,593$0$2,864,004
69$4,465,943$338,119$0$3,072,774
70$4,843,273$276,491$0$3,311,969
71$5,256,627$209,379$0$3,574,107
72$5,709,603$136,438$0$3,861,526
73$6,206,161$57,302$0$4,176,805
74$6,750,665$0$0$4,522,788
75$7,347,920$0$0$4,909,488
76$8,003,218$0$0$5,349,050
77$8,722,390$0$0$5,831,519
78$9,511,856$0$0$6,361,211
79$10,378,692$0$0$6,942,881
80$11,330,689$0$0$7,581,764
81$12,376,430$0$0$8,283,632
82$13,525,372$0$0$9,054,838
83$14,787,933$0$0$9,902,385
84$16,175,589$0$0$10,833,987
85$17,700,982$0$0$11,858,141
86$19,378,044$0$0$12,984,209
87$21,222,121$0$0$14,222,508
88$23,250,119$0$0$15,584,402
89$25,480,669$0$0$17,082,411
90$27,934,295$0$0$18,730,332
91$30,633,611$0$0$20,543,364
92$33,603,532$0$0$22,538,256
93$36,871,511$0$0$24,733,460
94$40,467,798$0$0$27,149,309
95$44,425,722$0$0$29,808,204
96$48,782,004$0$0$32,734,831
97$53,577,111$0$0$35,956,390
98$58,855,628$0$0$39,502,849
99$64,666,684$0$0$43,407,233
100$71,064,412$0$0$47,705,929