Can I retire at age 45 with 771,000?

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 $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%11.8%
1 years$63,668$63,101$62,548$62,008$61,481$61,016
2 years$31,519$30,932$30,363$29,812$29,276$28,809
3 years$20,804$20,214$19,647$19,101$18,574$18,117
4 years$15,447$14,860$14,298$13,761$13,247$12,804
5 years$12,234$11,650$11,096$10,570$10,070$9,643
6 years$10,093$9,513$8,967$8,453$7,968$7,557
7 years$8,564$7,989$7,452$6,949$6,480$6,085
8 years$7,418$6,848$6,320$5,830$5,376$4,997
9 years$6,527$5,963$5,443$4,966$4,527$4,165
10 years$5,815$5,256$4,745$4,280$3,858$3,511
11 years$5,232$4,679$4,178$3,725$3,318$2,987
12 years$4,747$4,200$3,708$3,268$2,875$2,559
13 years$4,337$3,795$3,313$2,885$2,507$2,206
14 years$3,986$3,450$2,976$2,561$2,198$1,912
15 years$3,682$3,151$2,687$2,284$1,935$1,663
16 years$3,416$2,891$2,436$2,045$1,710$1,452
17 years$3,182$2,663$2,217$1,837$1,516$1,272
18 years$2,973$2,461$2,024$1,656$1,348$1,117
19 years$2,788$2,280$1,853$1,496$1,202$983
20 years$2,620$2,119$1,700$1,355$1,073$867
21 years$2,469$1,974$1,564$1,230$961$765
22 years$2,332$1,842$1,441$1,118$861$677
23 years$2,207$1,723$1,331$1,018$773$600
24 years$2,093$1,615$1,231$929$695$532
25 years$1,988$1,515$1,140$848$625$472
26 years$1,891$1,424$1,057$776$563$419
27 years$1,801$1,340$982$710$508$373
28 years$1,718$1,263$913$650$458$332
29 years$1,641$1,191$849$596$414$295
30 years$1,569$1,125$791$547$374$263
31 years$1,502$1,064$738$503$338$234
32 years$1,440$1,006$688$462$306$209
33 years$1,381$953$643$425$277$186
34 years$1,325$903$600$391$250$166
35 years$1,274$857$561$360$227$148
36 years$1,225$813$525$331$206$132
37 years$1,178$772$491$305$186$118
38 years$1,135$734$460$281$169$105
39 years$1,093$698$431$260$153$94
40 years$1,054$664$404$239$139$84
41 years$1,017$632$379$221$126$75
42 years$982$602$355$204$114$67
43 years$948$574$334$188$104$60
44 years$916$547$313$174$94$54
45 years$886$521$294$160$86$48
46 years$857$497$276$148$78$43
47 years$829$475$259$137$71$38
48 years$802$453$244$127$64$34
49 years$777$433$229$117$58$31
50 years$753$413$215$108$53$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $771,000, adding $6,205 every year, while hoping to spend $32,369 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: 70/20/10 Blend
44$771,000$771,000$771,000$771,000
45$856,042$815,179$803,229$913,848
46$908,918$820,683$795,697$958,466
47$966,103$825,371$786,827$1,002,737
48$1,028,001$829,170$776,542$1,050,314
49$1,095,059$832,001$764,757$1,101,516
50$1,167,765$833,780$751,388$1,156,694
51$1,246,660$834,417$736,342$1,216,236
52$1,332,335$833,820$719,525$1,280,569
53$1,425,442$831,886$700,838$1,350,165
54$1,526,699$828,509$680,177$1,425,545
55$1,636,892$823,577$657,434$1,507,281
56$1,756,892$816,969$632,494$1,596,006
57$1,887,652$808,557$605,240$1,692,418
58$2,030,224$798,208$575,547$1,797,286
59$2,185,764$785,777$543,285$1,911,461
60$2,355,546$771,114$508,319$2,035,878
61$2,540,970$754,058$470,506$2,171,569
62$2,743,581$734,438$429,699$2,319,675
63$2,965,075$712,075$385,744$2,481,452
64$3,207,324$686,778$338,478$2,658,287
65$3,472,387$658,345$287,732$2,851,707
66$3,762,530$626,564$233,331$3,063,398
67$4,080,251$591,208$175,090$3,295,222
68$4,428,298$552,039$112,818$3,549,228
69$4,809,700$508,805$46,312$3,827,679
70$5,227,791$461,238$0$4,133,069
71$5,686,243$409,056$0$4,470,782
72$6,189,102$351,962$0$4,846,665
73$6,740,823$289,640$0$5,259,142
74$7,346,313$221,759$0$5,711,928
75$8,010,977$147,965$0$6,209,119
76$8,740,771$67,889$0$6,755,232
77$9,542,252$0$0$7,355,243
78$10,422,648$0$0$8,018,790
79$11,389,916$0$0$8,764,272
80$12,452,828$0$0$9,583,512
81$13,621,042$0$0$10,483,960
82$14,905,202$0$0$11,473,827
83$16,317,032$0$0$12,562,156
84$17,869,452$0$0$13,758,911
85$19,576,693$0$0$15,075,071
86$21,454,436$0$0$16,522,730
87$23,519,958$0$0$18,115,217
88$25,792,294$0$0$19,867,212
89$28,292,417$0$0$21,794,895
90$31,043,436$0$0$23,916,090
91$34,070,813$0$0$26,250,437
92$37,402,602$0$0$28,819,578
93$41,069,715$0$0$31,647,356
94$45,106,213$0$0$34,760,046
95$49,549,627$0$0$38,186,596
96$54,441,310$0$0$41,958,907
97$59,826,830$0$0$46,112,127
98$65,756,397$0$0$50,684,989
99$72,285,337$0$0$55,720,170
100$79,474,616$0$0$61,264,696