Can I retire at age 45 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$63,586$63,019$62,467$61,928$61,401$61,142
2 years$31,478$30,892$30,324$29,773$29,239$28,977
3 years$20,777$20,188$19,621$19,076$18,550$18,295
4 years$15,427$14,840$14,279$13,743$13,230$12,982
5 years$12,219$11,635$11,081$10,556$10,057$9,818
6 years$10,080$9,501$8,955$8,442$7,958$7,727
7 years$8,553$7,979$7,442$6,940$6,472$6,250
8 years$7,408$6,839$6,311$5,822$5,369$5,156
9 years$6,519$5,955$5,436$4,959$4,522$4,317
10 years$5,807$5,249$4,739$4,275$3,853$3,656
11 years$5,225$4,673$4,172$3,720$3,313$3,126
12 years$4,741$4,194$3,703$3,263$2,871$2,692
13 years$4,331$3,790$3,308$2,881$2,504$2,333
14 years$3,981$3,445$2,972$2,557$2,195$2,032
15 years$3,677$3,147$2,684$2,281$1,933$1,777
16 years$3,411$2,888$2,433$2,042$1,708$1,560
17 years$3,177$2,659$2,214$1,835$1,514$1,374
18 years$2,970$2,457$2,021$1,654$1,347$1,213
19 years$2,784$2,277$1,850$1,494$1,200$1,074
20 years$2,617$2,116$1,698$1,353$1,072$952
21 years$2,466$1,971$1,562$1,228$959$846
22 years$2,329$1,840$1,440$1,117$860$753
23 years$2,204$1,721$1,329$1,017$772$671
24 years$2,090$1,612$1,229$928$694$598
25 years$1,985$1,513$1,139$847$624$534
26 years$1,888$1,422$1,056$775$562$478
27 years$1,799$1,338$981$709$507$427
28 years$1,716$1,261$912$650$457$383
29 years$1,639$1,190$848$596$413$343
30 years$1,567$1,124$790$547$373$307
31 years$1,500$1,062$737$502$337$276
32 years$1,438$1,005$687$461$305$247
33 years$1,379$952$642$424$276$222
34 years$1,324$902$600$390$250$199
35 years$1,272$856$561$359$227$179
36 years$1,223$812$524$331$205$161
37 years$1,177$771$491$305$186$145
38 years$1,133$733$460$281$169$130
39 years$1,092$697$431$259$153$117
40 years$1,053$663$404$239$139$105
41 years$1,016$631$378$221$126$95
42 years$980$601$355$204$114$85
43 years$947$573$333$188$104$77
44 years$915$546$313$173$94$69
45 years$884$521$294$160$85$62
46 years$855$497$276$148$78$56
47 years$828$474$259$137$70$50
48 years$801$453$243$126$64$45
49 years$776$432$229$117$58$41
50 years$752$413$215$108$53$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $770,000, adding $3,820 every year, while hoping to spend $23,973 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: 64/25/11 Blend
44$770,000$770,000$770,000$770,000
45$852,480$811,670$799,735$904,696
46$913,926$825,935$801,019$954,311
47$980,836$840,095$801,543$1,005,339
48$1,053,742$854,121$801,255$1,060,471
49$1,133,230$867,978$800,103$1,120,105
50$1,219,943$881,633$798,031$1,184,679
51$1,314,591$895,048$794,979$1,254,678
52$1,417,956$908,181$790,887$1,330,634
53$1,530,896$920,990$785,690$1,413,135
54$1,654,357$933,429$779,320$1,502,829
55$1,789,382$945,447$771,708$1,600,429
56$1,937,117$956,992$762,778$1,706,722
57$2,098,825$968,007$752,454$1,822,576
58$2,275,898$978,432$740,653$1,948,946
59$2,469,866$988,202$727,292$2,086,885
60$2,682,416$997,248$712,280$2,237,556
61$2,915,407$1,005,497$695,525$2,402,239
62$3,170,883$1,012,870$676,930$2,582,345
63$3,451,097$1,019,286$656,392$2,779,429
64$3,758,532$1,024,654$633,804$2,995,208
65$4,095,922$1,028,881$609,056$3,231,571
66$4,466,277$1,031,867$582,030$3,490,603
67$4,872,914$1,033,506$552,605$3,774,602
68$5,319,487$1,033,683$520,653$4,086,100
69$5,810,021$1,032,280$486,041$4,427,890
70$6,348,949$1,029,168$448,630$4,803,049
71$6,941,157$1,024,212$408,274$5,214,972
72$7,592,026$1,017,269$364,822$5,667,397
73$8,307,483$1,008,186$318,114$6,164,449
74$9,094,061$996,802$267,985$6,710,673
75$9,958,955$982,945$214,263$7,311,080
76$10,910,093$966,434$156,765$7,971,192
77$11,956,210$947,077$95,304$8,697,100
78$13,106,930$924,670$29,683$9,495,513
79$14,372,855$898,997$0$10,373,832
80$15,765,669$869,830$0$11,344,946
81$17,298,243$836,928$0$12,417,137
82$18,984,761$800,035$0$13,596,852
83$20,840,850$758,880$0$14,895,042
84$22,883,729$713,177$0$16,323,775
85$25,132,370$662,623$0$17,896,355
86$27,607,680$606,900$0$19,627,440
87$30,332,693$545,668$0$21,533,189
88$33,332,792$478,569$0$23,631,409
89$36,635,945$405,228$0$25,941,727
90$40,272,970$325,243$0$28,485,774
91$44,277,828$238,195$0$31,287,389
92$48,687,937$143,637$0$34,372,847
93$53,544,530$41,099$0$37,771,107
94$58,893,045$0$0$41,514,082
95$64,783,548$0$0$45,656,180
96$71,271,209$0$0$50,230,715
97$78,416,824$0$0$55,269,258
98$86,287,384$0$0$60,819,055
99$94,956,711$0$0$66,932,170
100$104,506,151$0$0$73,665,974