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%17.7%
1 years$63,586$63,019$62,467$61,928$61,401$59,483
2 years$31,478$30,892$30,324$29,773$29,239$27,323
3 years$20,777$20,188$19,621$19,076$18,550$16,698
4 years$15,427$14,840$14,279$13,743$13,230$11,455
5 years$12,219$11,635$11,081$10,556$10,057$8,364
6 years$10,080$9,501$8,955$8,442$7,958$6,348
7 years$8,553$7,979$7,442$6,940$6,472$4,945
8 years$7,408$6,839$6,311$5,822$5,369$3,924
9 years$6,519$5,955$5,436$4,959$4,522$3,157
10 years$5,807$5,249$4,739$4,275$3,853$2,566
11 years$5,225$4,673$4,172$3,720$3,313$2,103
12 years$4,741$4,194$3,703$3,263$2,871$1,735
13 years$4,331$3,790$3,308$2,881$2,504$1,438
14 years$3,981$3,445$2,972$2,557$2,195$1,198
15 years$3,677$3,147$2,684$2,281$1,933$1,000
16 years$3,411$2,888$2,433$2,042$1,708$838
17 years$3,177$2,659$2,214$1,835$1,514$703
18 years$2,970$2,457$2,021$1,654$1,347$592
19 years$2,784$2,277$1,850$1,494$1,200$499
20 years$2,617$2,116$1,698$1,353$1,072$421
21 years$2,466$1,971$1,562$1,228$959$355
22 years$2,329$1,840$1,440$1,117$860$300
23 years$2,204$1,721$1,329$1,017$772$254
24 years$2,090$1,612$1,229$928$694$215
25 years$1,985$1,513$1,139$847$624$182
26 years$1,888$1,422$1,056$775$562$154
27 years$1,799$1,338$981$709$507$131
28 years$1,716$1,261$912$650$457$111
29 years$1,639$1,190$848$596$413$94
30 years$1,567$1,124$790$547$373$80
31 years$1,500$1,062$737$502$337$68
32 years$1,438$1,005$687$461$305$58
33 years$1,379$952$642$424$276$49
34 years$1,324$902$600$390$250$41
35 years$1,272$856$561$359$227$35
36 years$1,223$812$524$331$205$30
37 years$1,177$771$491$305$186$25
38 years$1,133$733$460$281$169$22
39 years$1,092$697$431$259$153$18
40 years$1,053$663$404$239$139$16
41 years$1,016$631$378$221$126$13
42 years$980$601$355$204$114$11
43 years$947$573$333$188$104$10
44 years$915$546$313$173$94$8
45 years$884$521$294$160$85$7
46 years$855$497$276$148$78$6
47 years$828$474$259$137$70$5
48 years$801$453$243$126$64$4
49 years$776$432$229$117$58$4
50 years$752$413$215$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $770,000, adding $4,660 every year, while hoping to spend $55,328 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: 33/46/21 Blend
44$770,000$770,000$770,000$770,000
45$853,347$812,537$800,602$875,864
46$881,520$793,483$768,553$873,986
47$910,712$771,640$733,577$866,588
48$940,969$746,815$695,516$857,473
49$972,339$718,800$654,207$846,522
50$1,004,873$687,377$609,479$833,612
51$1,038,627$652,316$561,154$818,613
52$1,073,659$613,371$509,044$801,387
53$1,110,030$570,284$452,954$781,790
54$1,147,806$522,781$392,682$759,671
55$1,187,060$470,575$328,014$734,869
56$1,227,866$413,359$258,729$707,217
57$1,270,305$350,811$184,593$676,539
58$1,314,465$282,589$105,366$642,648
59$1,360,439$208,335$20,794$605,351
60$1,408,327$127,666$0$564,444
61$1,458,237$40,183$0$535,275
62$1,510,286$0$0$508,041
63$1,564,597$0$0$505,514
64$1,621,306$0$0$524,138
65$1,680,559$0$0$543,623
66$1,742,513$0$0$564,026
67$1,807,338$0$0$585,406
68$1,875,218$0$0$607,829
69$1,946,354$0$0$631,363
70$2,020,961$0$0$656,087
71$2,099,274$0$0$682,082
72$2,181,549$0$0$709,440
73$2,268,063$0$0$738,259
74$2,359,117$0$0$768,645
75$2,455,039$0$0$800,716
76$2,556,187$0$0$834,599
77$2,662,950$0$0$870,433
78$2,775,754$0$0$908,369
79$2,895,060$0$0$948,572
80$3,021,376$0$0$991,224
81$3,155,252$0$0$1,036,523
82$3,297,294$0$0$1,084,684
83$3,448,160$0$0$1,135,944
84$3,608,572$0$0$1,190,562
85$3,779,321$0$0$1,248,822
86$3,961,271$0$0$1,311,034
87$4,155,367$0$0$1,377,539
88$4,362,648$0$0$1,448,711
89$4,584,250$0$0$1,524,957
90$4,821,418$0$0$1,606,728
91$5,075,520$0$0$1,694,516
92$5,348,052$0$0$1,788,861
93$5,640,660$0$0$1,890,356
94$5,955,148$0$0$1,999,654
95$6,293,497$0$0$2,117,469
96$6,657,881$0$0$2,244,587
97$7,050,689$0$0$2,381,873
98$7,474,546$0$0$2,530,274
99$7,932,334$0$0$2,690,833
100$8,427,220$0$0$2,864,698