Can I retire at age 45 with 773,000?

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 $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%12.6%
1 years$63,834$63,265$62,710$62,169$61,640$60,971
2 years$31,601$31,012$30,442$29,889$29,352$28,679
3 years$20,858$20,267$19,698$19,150$18,622$17,965
4 years$15,488$14,898$14,335$13,797$13,282$12,646
5 years$12,266$11,680$11,125$10,597$10,096$9,484
6 years$10,119$9,538$8,990$8,475$7,989$7,400
7 years$8,586$8,010$7,471$6,967$6,497$5,933
8 years$7,437$6,866$6,336$5,845$5,390$4,850
9 years$6,544$5,978$5,457$4,978$4,539$4,023
10 years$5,830$5,269$4,758$4,291$3,868$3,375
11 years$5,246$4,691$4,189$3,735$3,326$2,857
12 years$4,759$4,210$3,717$3,276$2,882$2,436
13 years$4,348$3,805$3,321$2,892$2,514$2,089
14 years$3,996$3,459$2,984$2,567$2,203$1,801
15 years$3,691$3,160$2,694$2,290$1,940$1,558
16 years$3,425$2,899$2,443$2,050$1,715$1,353
17 years$3,190$2,670$2,223$1,842$1,520$1,178
18 years$2,981$2,467$2,029$1,660$1,352$1,029
19 years$2,795$2,286$1,858$1,500$1,205$900
20 years$2,627$2,125$1,705$1,359$1,076$789
21 years$2,476$1,979$1,568$1,233$963$693
22 years$2,338$1,847$1,445$1,121$863$609
23 years$2,213$1,728$1,334$1,021$775$536
24 years$2,098$1,619$1,234$931$697$473
25 years$1,993$1,519$1,143$850$627$417
26 years$1,896$1,428$1,060$778$565$368
27 years$1,806$1,344$984$712$509$325
28 years$1,723$1,266$915$652$459$287
29 years$1,646$1,194$852$598$415$254
30 years$1,573$1,128$793$549$375$225
31 years$1,506$1,066$739$504$339$199
32 years$1,443$1,009$690$463$306$176
33 years$1,384$956$644$426$277$156
34 years$1,329$906$602$392$251$138
35 years$1,277$859$563$361$227$123
36 years$1,228$815$526$332$206$109
37 years$1,181$774$493$306$187$96
38 years$1,138$736$461$282$169$85
39 years$1,096$700$432$260$154$76
40 years$1,057$666$405$240$139$67
41 years$1,020$634$380$221$126$60
42 years$984$604$356$204$115$53
43 years$950$575$334$189$104$47
44 years$918$548$314$174$94$42
45 years$888$523$295$161$86$37
46 years$859$499$277$149$78$33
47 years$831$476$260$137$71$29
48 years$804$454$244$127$64$26
49 years$779$434$230$117$58$23
50 years$755$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 $773,000, adding $2,220 every year, while hoping to spend $24,581 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: 30/44/26 Blend
44$773,000$773,000$773,000$773,000
45$854,136$813,167$801,185$872,850
46$915,104$826,858$801,871$901,241
47$981,467$840,396$801,756$929,448
48$1,053,748$853,748$800,787$959,299
49$1,132,527$866,878$798,909$990,951
50$1,218,436$879,746$796,064$1,024,583
51$1,312,175$892,313$792,191$1,060,390
52$1,414,514$904,533$787,227$1,098,588
53$1,526,299$916,359$781,103$1,139,418
54$1,648,463$927,742$773,751$1,183,145
55$1,782,031$938,626$765,097$1,230,066
56$1,928,134$948,955$755,064$1,280,505
57$2,088,016$958,667$743,571$1,334,824
58$2,263,048$967,695$730,534$1,393,424
59$2,454,737$975,970$715,866$1,456,748
60$2,664,745$983,418$699,473$1,525,284
61$2,894,903$989,960$681,259$1,599,577
62$3,147,225$995,510$661,123$1,680,225
63$3,423,931$999,978$638,959$1,767,893
64$3,727,465$1,003,270$614,657$1,863,316
65$4,060,519$1,005,283$588,101$1,967,305
66$4,426,060$1,005,910$559,170$2,080,758
67$4,827,354$1,005,036$527,739$2,204,670
68$5,268,000$1,002,538$493,674$2,340,137
69$5,751,962$998,289$456,838$2,488,374
70$6,283,607$992,149$417,086$2,650,723
71$6,867,745$983,975$374,269$2,828,667
72$7,509,677$973,611$328,229$3,023,843
73$8,215,240$960,895$278,801$3,238,063
74$8,990,867$945,651$225,814$3,473,328
75$9,843,645$927,698$169,088$3,731,846
76$10,781,382$906,840$108,437$4,016,060
77$11,812,678$882,870$43,665$4,328,666
78$12,947,012$855,572$0$4,672,641
79$14,194,826$824,713$0$5,058,337
80$15,567,624$790,050$0$5,495,708
81$17,078,082$751,323$0$5,976,700
82$18,740,168$708,259$0$6,505,802
83$20,569,270$660,569$0$7,087,968
84$22,582,345$607,947$0$7,728,663
85$24,798,077$550,069$0$8,433,913
86$27,237,052$486,593$0$9,210,367
87$29,921,954$417,159$0$10,065,355
88$32,877,778$341,384$0$11,006,965
89$36,132,065$258,865$0$12,044,115
90$39,715,162$169,177$0$13,186,641
91$43,660,511$71,869$0$14,445,390
92$48,004,960$0$0$15,832,324
93$52,789,111$0$0$17,376,870
94$58,057,706$0$0$19,116,298
95$63,860,047$0$0$21,032,108
96$70,250,462$0$0$23,142,259
97$77,288,814$0$0$25,466,538
98$85,041,072$0$0$28,026,752
99$93,579,927$0$0$30,846,931
100$102,985,483$0$0$33,953,554