Can I retire at age 45 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$63,751$63,183$62,629$62,088$61,560$59,211
2 years$31,560$30,972$30,403$29,850$29,314$26,976
3 years$20,831$20,241$19,672$19,125$18,598$16,343
4 years$15,468$14,879$14,316$13,779$13,264$11,110
5 years$12,250$11,665$11,110$10,583$10,083$8,035
6 years$10,106$9,526$8,979$8,464$7,979$6,038
7 years$8,575$8,000$7,461$6,958$6,489$4,656
8 years$7,428$6,857$6,328$5,837$5,383$3,656
9 years$6,535$5,970$5,450$4,972$4,533$2,909
10 years$5,822$5,263$4,752$4,286$3,863$2,338
11 years$5,239$4,685$4,183$3,730$3,322$1,894
12 years$4,753$4,205$3,712$3,272$2,879$1,544
13 years$4,343$3,800$3,317$2,888$2,510$1,264
14 years$3,991$3,454$2,980$2,564$2,201$1,039
15 years$3,686$3,155$2,691$2,287$1,938$857
16 years$3,420$2,895$2,440$2,047$1,712$709
17 years$3,186$2,666$2,220$1,840$1,518$587
18 years$2,977$2,464$2,026$1,658$1,350$487
19 years$2,791$2,283$1,855$1,498$1,203$405
20 years$2,624$2,122$1,703$1,357$1,075$337
21 years$2,473$1,976$1,566$1,231$962$281
22 years$2,335$1,845$1,443$1,120$862$234
23 years$2,210$1,725$1,333$1,020$774$195
24 years$2,096$1,617$1,232$930$696$163
25 years$1,990$1,517$1,142$849$626$136
26 years$1,893$1,426$1,059$777$564$114
27 years$1,804$1,342$983$711$508$95
28 years$1,721$1,264$914$651$459$79
29 years$1,643$1,193$850$597$414$66
30 years$1,571$1,127$792$548$374$55
31 years$1,504$1,065$739$503$338$46
32 years$1,441$1,008$689$463$306$39
33 years$1,383$954$643$425$277$32
34 years$1,327$904$601$391$251$27
35 years$1,275$858$562$360$227$23
36 years$1,226$814$526$332$206$19
37 years$1,180$773$492$306$187$16
38 years$1,136$735$461$282$169$13
39 years$1,095$699$432$260$153$11
40 years$1,055$665$405$240$139$9
41 years$1,018$633$379$221$126$8
42 years$983$603$356$204$115$7
43 years$949$574$334$188$104$5
44 years$917$547$314$174$94$5
45 years$887$522$294$161$86$4
46 years$858$498$276$148$78$3
47 years$830$475$260$137$71$3
48 years$803$454$244$127$64$2
49 years$778$433$229$117$58$2
50 years$754$414$216$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $772,000, adding $5,229 every year, while hoping to spend $37,164 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: 34/49/17 Blend
44$772,000$772,000$772,000$772,000
45$856,138$815,222$803,256$880,591
46$903,922$815,625$790,623$899,375
47$955,334$814,803$776,321$915,783
48$1,010,705$812,656$760,255$932,686
49$1,070,399$809,078$742,325$950,149
50$1,134,815$803,958$722,428$968,244
51$1,204,391$797,177$700,455$987,058
52$1,279,610$788,609$676,290$1,006,685
53$1,361,000$778,121$649,816$1,027,234
54$1,449,144$765,572$620,908$1,048,830
55$1,544,683$750,811$589,434$1,071,613
56$1,648,321$733,680$555,260$1,095,740
57$1,760,830$714,012$518,242$1,121,391
58$1,883,064$691,627$478,232$1,148,767
59$2,015,959$666,339$435,075$1,178,095
60$2,160,544$637,947$388,608$1,209,631
61$2,317,955$606,242$338,661$1,243,661
62$2,489,438$570,999$285,058$1,280,507
63$2,676,366$531,984$227,613$1,320,530
64$2,880,251$488,946$166,134$1,364,134
65$3,102,755$441,623$100,418$1,411,771
66$3,345,709$389,736$30,255$1,463,948
67$3,611,128$332,990$0$1,521,230
68$3,901,232$271,075$0$1,592,341
69$4,218,461$203,661$0$1,676,275
70$4,565,506$130,403$0$1,768,367
71$4,945,327$50,932$0$1,869,538
72$5,361,186$0$0$1,980,810
73$5,816,672$0$0$2,122,265
74$6,315,741$0$0$2,307,456
75$6,862,746$0$0$2,510,552
76$7,462,484$0$0$2,733,347
77$8,120,236$0$0$2,977,819
78$8,841,822$0$0$3,246,146
79$9,633,649$0$0$3,540,726
80$10,502,776$0$0$3,864,203
81$11,456,979$0$0$4,219,488
82$12,504,823$0$0$4,609,788
83$13,655,742$0$0$5,038,636
84$14,920,131$0$0$5,509,923
85$16,309,440$0$0$6,027,938
86$17,836,284$0$0$6,597,405
87$19,514,558$0$0$7,223,528
88$21,359,575$0$0$7,912,041
89$23,388,201$0$0$8,669,261
90$25,619,020$0$0$9,502,149
91$28,072,507$0$0$10,418,373
92$30,771,221$0$0$11,426,382
93$33,740,017$0$0$12,535,487
94$37,006,278$0$0$13,755,944
95$40,600,179$0$0$15,099,055
96$44,554,964$0$0$16,577,274
97$48,907,265$0$0$18,204,322
98$53,697,443$0$0$19,995,318
99$58,969,971$0$0$21,966,921
100$64,773,851$0$0$24,137,488