Can I retire at age 45 with 771,000?

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 $771,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$63,668$63,101$62,548$62,008$61,481$59,229
2 years$31,519$30,932$30,363$29,812$29,276$27,033
3 years$20,804$20,214$19,647$19,101$18,574$16,409
4 years$15,447$14,860$14,298$13,761$13,247$11,178
5 years$12,234$11,650$11,096$10,570$10,070$8,101
6 years$10,093$9,513$8,967$8,453$7,968$6,101
7 years$8,564$7,989$7,452$6,949$6,480$4,715
8 years$7,418$6,848$6,320$5,830$5,376$3,711
9 years$6,527$5,963$5,443$4,966$4,527$2,960
10 years$5,815$5,256$4,745$4,280$3,858$2,385
11 years$5,232$4,679$4,178$3,725$3,318$1,937
12 years$4,747$4,200$3,708$3,268$2,875$1,583
13 years$4,337$3,795$3,313$2,885$2,507$1,300
14 years$3,986$3,450$2,976$2,561$2,198$1,072
15 years$3,682$3,151$2,687$2,284$1,935$886
16 years$3,416$2,891$2,436$2,045$1,710$735
17 years$3,182$2,663$2,217$1,837$1,516$611
18 years$2,973$2,461$2,024$1,656$1,348$508
19 years$2,788$2,280$1,853$1,496$1,202$424
20 years$2,620$2,119$1,700$1,355$1,073$354
21 years$2,469$1,974$1,564$1,230$961$296
22 years$2,332$1,842$1,441$1,118$861$247
23 years$2,207$1,723$1,331$1,018$773$207
24 years$2,093$1,615$1,231$929$695$173
25 years$1,988$1,515$1,140$848$625$145
26 years$1,891$1,424$1,057$776$563$121
27 years$1,801$1,340$982$710$508$102
28 years$1,718$1,263$913$650$458$85
29 years$1,641$1,191$849$596$414$72
30 years$1,569$1,125$791$547$374$60
31 years$1,502$1,064$738$503$338$50
32 years$1,440$1,006$688$462$306$42
33 years$1,381$953$643$425$277$35
34 years$1,325$903$600$391$250$30
35 years$1,274$857$561$360$227$25
36 years$1,225$813$525$331$206$21
37 years$1,178$772$491$305$186$18
38 years$1,135$734$460$281$169$15
39 years$1,093$698$431$260$153$12
40 years$1,054$664$404$239$139$10
41 years$1,017$632$379$221$126$9
42 years$982$602$355$204$114$7
43 years$948$574$334$188$104$6
44 years$916$547$313$174$94$5
45 years$886$521$294$160$86$4
46 years$857$497$276$148$78$4
47 years$829$475$259$137$71$3
48 years$802$453$244$127$64$3
49 years$777$433$229$117$58$2
50 years$753$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 $771,000, adding $4,492 every year, while hoping to spend $59,124 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: 68/26/6 Blend
44$771,000$771,000$771,000$771,000
45$854,275$813,412$801,462$911,319
46$878,504$790,362$765,403$926,633
47$903,222$764,201$726,155$935,754
48$928,418$734,714$683,549$944,122
49$954,075$701,673$637,406$951,653
50$980,175$664,839$587,543$958,255
51$1,006,693$623,956$533,766$963,831
52$1,033,602$578,757$475,874$968,272
53$1,060,869$528,955$413,655$971,465
54$1,088,455$474,252$346,890$973,284
55$1,116,316$414,328$275,349$973,595
56$1,144,398$348,848$198,791$972,253
57$1,172,643$277,458$116,967$969,101
58$1,200,981$199,783$29,614$963,969
59$1,229,335$115,426$0$956,675
60$1,257,616$23,970$0$951,091
61$1,285,722$0$0$945,220
62$1,313,540$0$0$958,416
63$1,340,940$0$0$978,133
64$1,367,777$0$0$997,403
65$1,393,890$0$0$1,016,102
66$1,419,093$0$0$1,034,093
67$1,443,182$0$0$1,051,221
68$1,465,928$0$0$1,067,314
69$1,487,074$0$0$1,082,177
70$1,506,332$0$0$1,095,595
71$1,523,384$0$0$1,107,327
72$1,537,872$0$0$1,117,105
73$1,549,399$0$0$1,124,631
74$1,557,524$0$0$1,129,572
75$1,561,756$0$0$1,131,559
76$1,561,548$0$0$1,130,183
77$1,556,295$0$0$1,124,987
78$1,545,323$0$0$1,115,466
79$1,527,886$0$0$1,101,059
80$1,503,156$0$0$1,081,146
81$1,470,215$0$0$1,055,035
82$1,428,047$0$0$1,021,966
83$1,375,526$0$0$981,092
84$1,311,405$0$0$931,478
85$1,234,305$0$0$872,088
86$1,142,698$0$0$801,776
87$1,034,895$0$0$719,276
88$909,029$0$0$623,186
89$763,036$0$0$511,957
90$594,631$0$0$383,877
91$401,293$0$0$237,053
92$180,233$0$0$69,394
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0