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%12.6%
1 years$63,751$63,183$62,629$62,088$61,560$60,892
2 years$31,560$30,972$30,403$29,850$29,314$28,642
3 years$20,831$20,241$19,672$19,125$18,598$17,942
4 years$15,468$14,879$14,316$13,779$13,264$12,629
5 years$12,250$11,665$11,110$10,583$10,083$9,471
6 years$10,106$9,526$8,979$8,464$7,979$7,391
7 years$8,575$8,000$7,461$6,958$6,489$5,925
8 years$7,428$6,857$6,328$5,837$5,383$4,843
9 years$6,535$5,970$5,450$4,972$4,533$4,018
10 years$5,822$5,263$4,752$4,286$3,863$3,371
11 years$5,239$4,685$4,183$3,730$3,322$2,853
12 years$4,753$4,205$3,712$3,272$2,879$2,433
13 years$4,343$3,800$3,317$2,888$2,510$2,086
14 years$3,991$3,454$2,980$2,564$2,201$1,798
15 years$3,686$3,155$2,691$2,287$1,938$1,556
16 years$3,420$2,895$2,440$2,047$1,712$1,351
17 years$3,186$2,666$2,220$1,840$1,518$1,177
18 years$2,977$2,464$2,026$1,658$1,350$1,028
19 years$2,791$2,283$1,855$1,498$1,203$899
20 years$2,624$2,122$1,703$1,357$1,075$788
21 years$2,473$1,976$1,566$1,231$962$692
22 years$2,335$1,845$1,443$1,120$862$608
23 years$2,210$1,725$1,333$1,020$774$536
24 years$2,096$1,617$1,232$930$696$472
25 years$1,990$1,517$1,142$849$626$416
26 years$1,893$1,426$1,059$777$564$367
27 years$1,804$1,342$983$711$508$325
28 years$1,721$1,264$914$651$459$287
29 years$1,643$1,193$850$597$414$254
30 years$1,571$1,127$792$548$374$225
31 years$1,504$1,065$739$503$338$199
32 years$1,441$1,008$689$463$306$176
33 years$1,383$954$643$425$277$156
34 years$1,327$904$601$391$251$138
35 years$1,275$858$562$360$227$122
36 years$1,226$814$526$332$206$109
37 years$1,180$773$492$306$187$96
38 years$1,136$735$461$282$169$85
39 years$1,095$699$432$260$153$76
40 years$1,055$665$405$240$139$67
41 years$1,018$633$379$221$126$60
42 years$983$603$356$204$115$53
43 years$949$574$334$188$104$47
44 years$917$547$314$174$94$42
45 years$887$522$294$161$86$37
46 years$858$498$276$148$78$33
47 years$830$475$260$137$71$29
48 years$803$454$244$127$64$26
49 years$778$433$229$117$58$23
50 years$754$414$216$108$53$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $772,000, adding $6,563 every year, while hoping to spend $42,389 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: 30/49/21 Blend
44$772,000$772,000$772,000$772,000
45$857,514$816,598$804,632$877,449
46$899,879$811,509$786,485$888,099
47$945,144$804,751$766,310$895,299
48$993,561$796,196$743,994$902,155
49$1,045,405$785,711$719,418$908,664
50$1,100,977$773,152$692,460$914,827
51$1,160,610$758,369$662,991$920,646
52$1,224,667$741,203$630,875$926,132
53$1,293,545$721,485$595,972$931,298
54$1,367,685$699,036$558,135$936,166
55$1,447,565$673,665$517,209$940,764
56$1,533,716$645,174$473,035$945,129
57$1,626,716$613,349$425,443$949,306
58$1,727,205$577,966$374,258$953,355
59$1,835,881$538,788$319,298$957,345
60$1,953,517$495,564$260,370$961,359
61$2,080,958$448,030$197,275$965,499
62$2,219,136$395,903$129,804$969,883
63$2,369,075$338,889$57,739$974,651
64$2,531,900$276,675$0$979,963
65$2,708,851$208,929$0$990,304
66$2,901,290$135,302$0$1,015,681
67$3,110,715$55,426$0$1,043,450
68$3,338,777$0$0$1,073,954
69$3,587,291$0$0$1,124,346
70$3,858,254$0$0$1,211,985
71$4,153,864$0$0$1,307,712
72$4,476,542$0$0$1,412,324
73$4,828,951$0$0$1,526,701
74$5,214,023$0$0$1,651,809
75$5,634,988$0$0$1,788,713
76$6,095,398$0$0$1,938,587
77$6,599,167$0$0$2,102,722
78$7,150,606$0$0$2,282,540
79$7,754,458$0$0$2,479,608
80$8,415,950$0$0$2,695,651
81$9,140,836$0$0$2,932,568
82$9,935,454$0$0$3,192,453
83$10,806,783$0$0$3,477,610
84$11,762,513$0$0$3,790,578
85$12,811,110$0$0$4,134,154
86$13,961,902$0$0$4,511,418
87$15,225,163$0$0$4,925,764
88$16,612,209$0$0$5,380,929
89$18,135,508$0$0$5,881,033
90$19,808,792$0$0$6,430,612
91$21,647,189$0$0$7,034,664
92$23,667,368$0$0$7,698,695
93$25,887,688$0$0$8,428,772
94$28,328,377$0$0$9,231,579
95$31,011,721$0$0$10,114,478
96$33,962,273$0$0$11,085,583
97$37,207,082$0$0$12,153,834
98$40,775,953$0$0$13,329,077
99$44,701,721$0$0$14,622,165
100$49,020,567$0$0$16,045,055