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%20%
1 years$63,751$63,183$62,629$62,088$61,560$59,095
2 years$31,560$30,972$30,403$29,850$29,314$26,861
3 years$20,831$20,241$19,672$19,125$18,598$16,235
4 years$15,468$14,879$14,316$13,779$13,264$11,009
5 years$12,250$11,665$11,110$10,583$10,083$7,941
6 years$10,106$9,526$8,979$8,464$7,979$5,951
7 years$8,575$8,000$7,461$6,958$6,489$4,575
8 years$7,428$6,857$6,328$5,837$5,383$3,582
9 years$6,535$5,970$5,450$4,972$4,533$2,841
10 years$5,822$5,263$4,752$4,286$3,863$2,276
11 years$5,239$4,685$4,183$3,730$3,322$1,838
12 years$4,753$4,205$3,712$3,272$2,879$1,493
13 years$4,343$3,800$3,317$2,888$2,510$1,219
14 years$3,991$3,454$2,980$2,564$2,201$998
15 years$3,686$3,155$2,691$2,287$1,938$820
16 years$3,420$2,895$2,440$2,047$1,712$676
17 years$3,186$2,666$2,220$1,840$1,518$558
18 years$2,977$2,464$2,026$1,658$1,350$461
19 years$2,791$2,283$1,855$1,498$1,203$382
20 years$2,624$2,122$1,703$1,357$1,075$317
21 years$2,473$1,976$1,566$1,231$962$263
22 years$2,335$1,845$1,443$1,120$862$218
23 years$2,210$1,725$1,333$1,020$774$181
24 years$2,096$1,617$1,232$930$696$151
25 years$1,990$1,517$1,142$849$626$125
26 years$1,893$1,426$1,059$777$564$104
27 years$1,804$1,342$983$711$508$87
28 years$1,721$1,264$914$651$459$72
29 years$1,643$1,193$850$597$414$60
30 years$1,571$1,127$792$548$374$50
31 years$1,504$1,065$739$503$338$42
32 years$1,441$1,008$689$463$306$35
33 years$1,383$954$643$425$277$29
34 years$1,327$904$601$391$251$24
35 years$1,275$858$562$360$227$20
36 years$1,226$814$526$332$206$17
37 years$1,180$773$492$306$187$14
38 years$1,136$735$461$282$169$12
39 years$1,095$699$432$260$153$10
40 years$1,055$665$405$240$139$8
41 years$1,018$633$379$221$126$7
42 years$983$603$356$204$115$6
43 years$949$574$334$188$104$5
44 years$917$547$314$174$94$4
45 years$887$522$294$161$86$3
46 years$858$498$276$148$78$3
47 years$830$475$260$137$71$2
48 years$803$454$244$127$64$2
49 years$778$433$229$117$58$2
50 years$754$414$216$108$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $772,000, adding $6,901 every year, while hoping to spend $37,545 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: 63/30/7 Blend
44$772,000$772,000$772,000$772,000
45$857,862$816,946$804,980$910,330
46$905,417$817,029$792,000$946,259
47$956,563$815,858$777,326$980,440
48$1,011,629$813,331$760,862$1,016,789
49$1,070,972$809,341$742,508$1,055,514
50$1,134,988$803,775$722,158$1,096,846
51$1,204,108$796,512$699,702$1,141,039
52$1,278,809$787,423$675,025$1,188,375
53$1,359,614$776,373$648,004$1,239,166
54$1,447,098$763,218$618,515$1,293,756
55$1,541,892$747,806$586,426$1,352,527
56$1,644,692$729,976$551,598$1,415,901
57$1,756,261$709,555$513,888$1,484,345
58$1,877,441$686,364$473,144$1,558,373
59$2,009,155$660,212$429,209$1,638,556
60$2,152,421$630,894$381,920$1,725,526
61$2,308,357$598,197$331,104$1,819,978
62$2,478,195$561,895$276,581$1,922,684
63$2,663,290$521,746$218,166$2,034,495
64$2,865,133$477,499$155,661$2,156,353
65$3,085,364$428,884$88,864$2,289,298
66$3,325,790$375,619$17,560$2,434,480
67$3,588,401$317,404$0$2,593,169
68$3,875,384$253,923$0$2,771,141
69$4,189,149$184,841$0$2,967,259
70$4,532,351$109,807$0$3,181,940
71$4,907,910$28,447$0$3,417,095
72$5,319,044$0$0$3,674,835
73$5,769,296$0$0$3,977,174
74$6,262,566$0$0$4,318,743
75$6,803,150$0$0$4,693,132
76$7,395,781$0$0$5,103,627
77$8,045,670$0$0$5,553,843
78$8,758,557$0$0$6,047,765
79$9,540,763$0$0$6,589,782
80$10,399,252$0$0$7,184,726
81$11,341,695$0$0$7,837,922
82$12,376,541$0$0$8,555,235
83$13,513,099$0$0$9,343,127
84$14,761,621$0$0$10,208,714
85$16,133,403$0$0$11,159,837
86$17,640,889$0$0$12,205,135
87$19,297,788$0$0$13,354,123
88$21,119,203$0$0$14,617,286
89$23,121,772$0$0$16,006,175
90$25,323,829$0$0$17,533,515
91$27,745,570$0$0$19,213,327
92$30,409,248$0$0$21,061,059
93$33,339,381$0$0$23,093,730
94$36,562,981$0$0$25,330,094
95$40,109,813$0$0$27,790,813
96$44,012,670$0$0$30,498,652
97$48,307,685$0$0$33,478,695
98$53,034,672$0$0$36,758,582
99$58,237,499$0$0$40,368,767
100$63,964,504$0$0$44,342,806