Can I retire at age 45 with 773,000?

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 $773,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$63,834$63,265$62,710$62,169$61,640$60,495
2 years$31,601$31,012$30,442$29,889$29,352$28,203
3 years$20,858$20,267$19,698$19,150$18,622$17,504
4 years$15,488$14,898$14,335$13,797$13,282$12,203
5 years$12,266$11,680$11,125$10,597$10,096$9,062
6 years$10,119$9,538$8,990$8,475$7,989$6,998
7 years$8,586$8,010$7,471$6,967$6,497$5,551
8 years$7,437$6,866$6,336$5,845$5,390$4,489
9 years$6,544$5,978$5,457$4,978$4,539$3,682
10 years$5,830$5,269$4,758$4,291$3,868$3,053
11 years$5,246$4,691$4,189$3,735$3,326$2,554
12 years$4,759$4,210$3,717$3,276$2,882$2,151
13 years$4,348$3,805$3,321$2,892$2,514$1,822
14 years$3,996$3,459$2,984$2,567$2,203$1,551
15 years$3,691$3,160$2,694$2,290$1,940$1,325
16 years$3,425$2,899$2,443$2,050$1,715$1,135
17 years$3,190$2,670$2,223$1,842$1,520$975
18 years$2,981$2,467$2,029$1,660$1,352$840
19 years$2,795$2,286$1,858$1,500$1,205$725
20 years$2,627$2,125$1,705$1,359$1,076$627
21 years$2,476$1,979$1,568$1,233$963$542
22 years$2,338$1,847$1,445$1,121$863$470
23 years$2,213$1,728$1,334$1,021$775$408
24 years$2,098$1,619$1,234$931$697$354
25 years$1,993$1,519$1,143$850$627$308
26 years$1,896$1,428$1,060$778$565$267
27 years$1,806$1,344$984$712$509$233
28 years$1,723$1,266$915$652$459$203
29 years$1,646$1,194$852$598$415$176
30 years$1,573$1,128$793$549$375$154
31 years$1,506$1,066$739$504$339$134
32 years$1,443$1,009$690$463$306$117
33 years$1,384$956$644$426$277$102
34 years$1,329$906$602$392$251$89
35 years$1,277$859$563$361$227$77
36 years$1,228$815$526$332$206$68
37 years$1,181$774$493$306$187$59
38 years$1,138$736$461$282$169$51
39 years$1,096$700$432$260$154$45
40 years$1,057$666$405$240$139$39
41 years$1,020$634$380$221$126$34
42 years$984$604$356$204$115$30
43 years$950$575$334$189$104$26
44 years$918$548$314$174$94$23
45 years$888$523$295$161$86$20
46 years$859$499$277$149$78$17
47 years$831$476$260$137$71$15
48 years$804$454$244$127$64$13
49 years$779$434$230$117$58$12
50 years$755$414$216$108$53$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $773,000, adding $6,834 every year, while hoping to spend $52,233 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: 62/25/13 Blend
44$773,000$773,000$773,000$773,000
45$858,895$817,926$805,945$909,053
46$890,927$802,429$777,368$928,035
47$924,476$784,422$746,084$942,171
48$959,640$763,727$711,946$956,327
49$996,529$740,155$674,802$970,507
50$1,035,259$713,507$634,492$984,718
51$1,075,958$683,571$590,849$998,969
52$1,118,763$650,124$543,701$1,013,273
53$1,163,826$612,929$492,864$1,027,645
54$1,211,311$571,737$438,149$1,042,109
55$1,261,395$526,282$379,358$1,056,688
56$1,314,274$476,286$316,283$1,071,416
57$1,370,159$421,454$248,707$1,086,330
58$1,429,282$361,472$176,406$1,101,478
59$1,491,895$296,011$99,142$1,116,912
60$1,558,275$224,722$16,670$1,132,699
61$1,628,724$147,238$0$1,148,913
62$1,703,570$63,169$0$1,175,538
63$1,783,176$0$0$1,205,889
64$1,867,935$0$0$1,245,483
65$1,958,280$0$0$1,306,241
66$2,054,685$0$0$1,371,109
67$2,157,668$0$0$1,440,440
68$2,267,797$0$0$1,514,621
69$2,385,696$0$0$1,594,077
70$2,512,048$0$0$1,679,274
71$2,647,603$0$0$1,770,723
72$2,793,183$0$0$1,868,985
73$2,949,691$0$0$1,974,676
74$3,118,119$0$0$2,088,472
75$3,299,554$0$0$2,211,114
76$3,495,193$0$0$2,343,419
77$3,706,348$0$0$2,486,282
78$3,934,461$0$0$2,640,688
79$4,181,120$0$0$2,807,719
80$4,448,066$0$0$2,988,565
81$4,737,216$0$0$3,184,531
82$5,050,675$0$0$3,397,057
83$5,390,760$0$0$3,627,724
84$5,760,019$0$0$3,878,269
85$6,161,254$0$0$4,150,607
86$6,597,546$0$0$4,446,840
87$7,072,288$0$0$4,769,285
88$7,589,209$0$0$5,120,489
89$8,152,416$0$0$5,503,255
90$8,766,427$0$0$5,920,667
91$9,436,215$0$0$6,376,123
92$10,167,254$0$0$6,873,358
93$10,965,567$0$0$7,416,488
94$11,837,787$0$0$8,010,042
95$12,791,217$0$0$8,659,006
96$13,833,895$0$0$9,368,871
97$14,974,672$0$0$10,145,681
98$16,223,294$0$0$10,996,093
99$17,590,494$0$0$11,927,437
100$19,088,090$0$0$12,947,785