Can I retire at age 45 with 770,000?

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 $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%17%
1 years$63,586$63,019$62,467$61,928$61,401$59,651
2 years$31,478$30,892$30,324$29,773$29,239$27,489
3 years$20,777$20,188$19,621$19,076$18,550$16,856
4 years$15,427$14,840$14,279$13,743$13,230$11,604
5 years$12,219$11,635$11,081$10,556$10,057$8,504
6 years$10,080$9,501$8,955$8,442$7,958$6,479
7 years$8,553$7,979$7,442$6,940$6,472$5,067
8 years$7,408$6,839$6,311$5,822$5,369$4,038
9 years$6,519$5,955$5,436$4,959$4,522$3,262
10 years$5,807$5,249$4,739$4,275$3,853$2,664
11 years$5,225$4,673$4,172$3,720$3,313$2,193
12 years$4,741$4,194$3,703$3,263$2,871$1,817
13 years$4,331$3,790$3,308$2,881$2,504$1,514
14 years$3,981$3,445$2,972$2,557$2,195$1,266
15 years$3,677$3,147$2,684$2,281$1,933$1,063
16 years$3,411$2,888$2,433$2,042$1,708$895
17 years$3,177$2,659$2,214$1,835$1,514$755
18 years$2,970$2,457$2,021$1,654$1,347$639
19 years$2,784$2,277$1,850$1,494$1,200$541
20 years$2,617$2,116$1,698$1,353$1,072$459
21 years$2,466$1,971$1,562$1,228$959$390
22 years$2,329$1,840$1,440$1,117$860$331
23 years$2,204$1,721$1,329$1,017$772$282
24 years$2,090$1,612$1,229$928$694$240
25 years$1,985$1,513$1,139$847$624$204
26 years$1,888$1,422$1,056$775$562$174
27 years$1,799$1,338$981$709$507$148
28 years$1,716$1,261$912$650$457$127
29 years$1,639$1,190$848$596$413$108
30 years$1,567$1,124$790$547$373$92
31 years$1,500$1,062$737$502$337$79
32 years$1,438$1,005$687$461$305$67
33 years$1,379$952$642$424$276$57
34 years$1,324$902$600$390$250$49
35 years$1,272$856$561$359$227$42
36 years$1,223$812$524$331$205$36
37 years$1,177$771$491$305$186$31
38 years$1,133$733$460$281$169$26
39 years$1,092$697$431$259$153$22
40 years$1,053$663$404$239$139$19
41 years$1,016$631$378$221$126$16
42 years$980$601$355$204$114$14
43 years$947$573$333$188$104$12
44 years$915$546$313$173$94$10
45 years$884$521$294$160$85$9
46 years$855$497$276$148$78$7
47 years$828$474$259$137$70$6
48 years$801$453$243$126$64$5
49 years$776$432$229$117$58$5
50 years$752$413$215$108$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $770,000, adding $5,985 every year, while hoping to spend $20,761 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: 80/11/9 Blend
44$770,000$770,000$770,000$770,000
45$854,714$813,904$801,969$921,471
46$919,805$831,695$806,745$983,897
47$990,839$849,663$810,986$1,049,051
48$1,068,402$867,793$814,650$1,119,928
49$1,153,136$886,072$817,698$1,197,088
50$1,245,748$904,482$820,084$1,281,151
51$1,347,020$923,007$821,761$1,372,796
52$1,457,808$941,627$822,683$1,472,775
53$1,579,059$960,321$822,797$1,581,913
54$1,711,813$979,067$822,051$1,701,120
55$1,857,216$997,839$820,388$1,831,399
56$2,016,531$1,016,612$817,749$1,973,855
57$2,191,147$1,035,355$814,073$2,129,702
58$2,382,594$1,054,038$809,296$2,300,282
59$2,592,560$1,072,627$803,348$2,487,070
60$2,822,901$1,091,086$796,160$2,691,694
61$3,075,663$1,109,375$787,657$2,915,945
62$3,353,098$1,127,452$777,762$3,161,797
63$3,657,689$1,145,272$766,392$3,431,426
64$3,992,169$1,162,786$753,462$3,727,228
65$4,359,550$1,179,943$738,883$4,051,844
66$4,763,150$1,196,686$722,561$4,408,184
67$5,206,623$1,212,955$704,398$4,799,455
68$5,693,996$1,228,687$684,293$5,229,188
69$6,229,704$1,243,813$662,137$5,701,277
70$6,818,634$1,258,260$637,819$6,220,010
71$7,466,171$1,271,951$611,222$6,790,116
72$8,178,245$1,284,801$582,223$7,416,802
73$8,961,392$1,296,723$550,694$8,105,808
74$9,822,813$1,307,621$516,501$8,863,459
75$10,770,441$1,317,396$479,504$9,696,723
76$11,813,016$1,325,938$439,558$10,613,281
77$12,960,169$1,333,135$396,509$11,621,597
78$14,222,513$1,338,865$350,198$12,730,996
79$15,611,738$1,342,998$300,458$13,951,757
80$17,140,728$1,345,397$247,116$15,295,203
81$18,823,677$1,345,917$189,990$16,773,818
82$20,676,227$1,344,402$128,889$18,401,353
83$22,715,612$1,340,687$63,617$20,192,966
84$24,960,822$1,334,599$0$22,165,360
85$27,432,782$1,325,950$0$24,337,520
86$30,154,550$1,314,546$0$26,735,707
87$33,151,533$1,300,177$0$29,376,182
88$36,451,726$1,282,623$0$32,283,599
89$40,085,979$1,261,648$0$35,485,128
90$44,088,285$1,237,005$0$39,010,710
91$48,496,103$1,208,431$0$42,893,337
92$53,350,709$1,175,648$0$47,169,366
93$58,697,587$1,138,360$0$51,878,863
94$64,586,857$1,096,256$0$57,065,976
95$71,073,750$1,049,006$0$62,779,359
96$78,219,125$996,260$0$69,072,626
97$86,090,048$937,649$0$76,004,858
98$94,760,421$872,782$0$83,641,164
99$104,311,681$801,245$0$92,053,290
100$114,833,569$722,603$0$101,320,301