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%18.4%
1 years$63,586$63,019$62,467$61,928$61,401$59,317
2 years$31,478$30,892$30,324$29,773$29,239$27,160
3 years$20,777$20,188$19,621$19,076$18,550$16,542
4 years$15,427$14,840$14,279$13,743$13,230$11,308
5 years$12,219$11,635$11,081$10,556$10,057$8,226
6 years$10,080$9,501$8,955$8,442$7,958$6,219
7 years$8,553$7,979$7,442$6,940$6,472$4,825
8 years$7,408$6,839$6,311$5,822$5,369$3,814
9 years$6,519$5,955$5,436$4,959$4,522$3,055
10 years$5,807$5,249$4,739$4,275$3,853$2,473
11 years$5,225$4,673$4,172$3,720$3,313$2,017
12 years$4,741$4,194$3,703$3,263$2,871$1,656
13 years$4,331$3,790$3,308$2,881$2,504$1,367
14 years$3,981$3,445$2,972$2,557$2,195$1,132
15 years$3,677$3,147$2,684$2,281$1,933$941
16 years$3,411$2,888$2,433$2,042$1,708$784
17 years$3,177$2,659$2,214$1,835$1,514$655
18 years$2,970$2,457$2,021$1,654$1,347$548
19 years$2,784$2,277$1,850$1,494$1,200$459
20 years$2,617$2,116$1,698$1,353$1,072$386
21 years$2,466$1,971$1,562$1,228$959$324
22 years$2,329$1,840$1,440$1,117$860$272
23 years$2,204$1,721$1,329$1,017$772$229
24 years$2,090$1,612$1,229$928$694$193
25 years$1,985$1,513$1,139$847$624$162
26 years$1,888$1,422$1,056$775$562$137
27 years$1,799$1,338$981$709$507$115
28 years$1,716$1,261$912$650$457$97
29 years$1,639$1,190$848$596$413$82
30 years$1,567$1,124$790$547$373$69
31 years$1,500$1,062$737$502$337$58
32 years$1,438$1,005$687$461$305$49
33 years$1,379$952$642$424$276$42
34 years$1,324$902$600$390$250$35
35 years$1,272$856$561$359$227$30
36 years$1,223$812$524$331$205$25
37 years$1,177$771$491$305$186$21
38 years$1,133$733$460$281$169$18
39 years$1,092$697$431$259$153$15
40 years$1,053$663$404$239$139$13
41 years$1,016$631$378$221$126$11
42 years$980$601$355$204$114$9
43 years$947$573$333$188$104$8
44 years$915$546$313$173$94$6
45 years$884$521$294$160$85$5
46 years$855$497$276$148$78$5
47 years$828$474$259$137$70$4
48 years$801$453$243$126$64$3
49 years$776$432$229$117$58$3
50 years$752$413$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 $770,000, adding $6,356 every year, while hoping to spend $38,905 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: 77/5/18 Blend
44$770,000$770,000$770,000$770,000
45$855,096$814,286$802,351$916,984
46$900,921$812,792$787,835$957,262
47$950,117$809,920$771,529$995,936
48$1,002,985$805,562$753,332$1,037,300
49$1,059,859$799,604$733,138$1,081,611
50$1,121,102$791,923$710,836$1,129,151
51$1,187,117$782,389$686,311$1,180,233
52$1,258,342$770,865$659,441$1,235,200
53$1,335,261$757,206$630,101$1,294,431
54$1,418,406$741,257$598,158$1,358,345
55$1,508,361$722,856$563,474$1,427,404
56$1,605,768$701,830$525,904$1,502,115
57$1,711,331$677,995$485,297$1,583,040
58$1,825,829$651,158$441,496$1,670,800
59$1,950,113$621,115$394,336$1,766,075
60$2,085,123$587,648$343,644$1,869,621
61$2,231,890$550,528$289,241$1,982,267
62$2,391,552$509,513$230,940$2,104,930
63$2,565,358$464,346$168,544$2,238,621
64$2,754,682$414,757$101,848$2,384,454
65$2,961,039$360,459$30,639$2,543,660
66$3,186,094$301,151$0$2,717,593
67$3,431,680$236,511$0$2,916,461
68$3,699,814$166,203$0$3,140,049
69$3,992,719$89,871$0$3,384,331
70$4,312,838$7,137$0$3,651,363
71$4,662,865$0$0$3,943,407
72$5,045,764$0$0$4,267,490
73$5,464,798$0$0$4,622,615
74$5,923,561$0$0$5,011,437
75$6,426,010$0$0$5,437,315
76$6,976,503$0$0$5,903,945
77$7,579,841$0$0$6,415,401
78$8,241,309$0$0$6,976,166
79$8,966,729$0$0$7,591,181
80$9,762,513$0$0$8,265,886
81$10,635,724$0$0$9,006,274
82$11,594,142$0$0$9,818,945
83$12,646,336$0$0$10,711,171
84$13,801,746$0$0$11,690,960
85$15,070,771$0$0$12,767,137
86$16,464,866$0$0$13,949,419
87$17,996,649$0$0$15,248,516
88$19,680,024$0$0$16,676,223
89$21,530,307$0$0$18,245,535
90$23,564,370$0$0$19,970,770
91$25,800,804$0$0$21,867,700
92$28,260,089$0$0$23,953,705
93$30,964,791$0$0$26,247,930
94$33,939,772$0$0$28,771,472
95$37,212,422$0$0$31,547,571
96$40,812,922$0$0$34,601,837
97$44,774,526$0$0$37,962,485
98$49,133,872$0$0$41,660,604
99$53,931,330$0$0$45,730,448
100$59,211,381$0$0$50,209,761