Can I retire at age 45 with 774,000?

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 $774,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$63,916$63,347$62,791$62,249$61,720$61,152
2 years$31,642$31,052$30,481$29,928$29,390$28,818
3 years$20,885$20,293$19,723$19,175$18,646$18,087
4 years$15,508$14,918$14,354$13,814$13,299$12,758
5 years$12,282$11,696$11,139$10,611$10,110$9,588
6 years$10,132$9,550$9,002$8,486$7,999$7,497
7 years$8,597$8,020$7,481$6,976$6,506$6,024
8 years$7,447$6,875$6,344$5,852$5,397$4,936
9 years$6,552$5,986$5,464$4,985$4,545$4,104
10 years$5,837$5,276$4,764$4,297$3,873$3,451
11 years$5,253$4,697$4,194$3,740$3,331$2,929
12 years$4,766$4,216$3,722$3,280$2,886$2,503
13 years$4,354$3,810$3,325$2,896$2,517$2,153
14 years$4,001$3,463$2,988$2,571$2,206$1,860
15 years$3,696$3,164$2,698$2,293$1,943$1,614
16 years$3,429$2,903$2,446$2,053$1,717$1,406
17 years$3,194$2,673$2,226$1,844$1,522$1,228
18 years$2,985$2,470$2,032$1,662$1,354$1,075
19 years$2,798$2,289$1,860$1,502$1,206$943
20 years$2,631$2,127$1,707$1,360$1,078$829
21 years$2,479$1,981$1,570$1,235$964$730
22 years$2,341$1,850$1,447$1,122$864$644
23 years$2,216$1,730$1,336$1,022$776$569
24 years$2,101$1,621$1,236$932$697$503
25 years$1,995$1,521$1,144$851$628$445
26 years$1,898$1,430$1,061$779$565$394
27 years$1,808$1,345$986$713$510$349
28 years$1,725$1,268$916$653$460$309
29 years$1,648$1,196$853$599$415$275
30 years$1,576$1,129$794$550$375$244
31 years$1,508$1,068$740$505$339$216
32 years$1,445$1,010$691$464$307$192
33 years$1,386$957$645$427$278$171
34 years$1,331$907$603$392$251$152
35 years$1,278$860$563$361$228$135
36 years$1,229$816$527$333$206$120
37 years$1,183$775$493$307$187$107
38 years$1,139$737$462$283$170$95
39 years$1,098$701$433$261$154$85
40 years$1,058$667$406$240$139$75
41 years$1,021$635$380$222$127$67
42 years$985$604$357$205$115$60
43 years$952$576$335$189$104$53
44 years$920$549$314$174$95$47
45 years$889$523$295$161$86$42
46 years$860$499$277$149$78$38
47 years$832$476$260$137$71$34
48 years$805$455$245$127$64$30
49 years$780$434$230$117$58$27
50 years$756$415$216$108$53$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $774,000, adding $5,521 every year, while hoping to spend $28,899 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: 72/15/13 Blend
44$774,000$774,000$774,000$774,000
45$858,643$817,621$805,624$917,689
46$915,476$826,936$801,864$966,846
47$977,138$835,739$797,010$1,016,587
48$1,044,090$843,974$790,993$1,070,282
49$1,116,841$851,582$783,745$1,128,316
50$1,195,949$858,500$775,191$1,191,113
51$1,282,030$864,661$765,254$1,259,141
52$1,375,760$869,992$753,853$1,332,913
53$1,477,883$874,418$740,903$1,412,998
54$1,589,220$877,857$726,316$1,500,021
55$1,710,672$880,224$709,999$1,594,672
56$1,843,232$881,426$691,856$1,697,711
57$1,987,992$881,366$671,783$1,809,975
58$2,146,155$879,941$649,676$1,932,390
59$2,319,045$877,041$625,423$2,065,973
60$2,508,121$872,549$598,907$2,211,847
61$2,714,987$866,342$570,009$2,371,251
62$2,941,412$858,288$538,600$2,545,549
63$3,189,340$848,249$504,547$2,736,246
64$3,460,917$836,077$467,713$2,945,002
65$3,758,502$821,616$427,953$3,173,644
66$4,084,694$804,700$385,114$3,424,189
67$4,442,356$785,155$339,040$3,698,861
68$4,834,643$762,793$289,564$4,000,109
69$5,265,027$737,420$236,514$4,330,636
70$5,737,333$708,827$179,711$4,693,420
71$6,255,775$676,794$118,966$5,091,744
72$6,824,996$641,089$54,082$5,529,230
73$7,450,107$601,464$0$6,009,867
74$8,136,743$557,660$0$6,540,159
75$8,891,107$509,402$0$7,130,994
76$9,720,035$456,398$0$7,780,242
77$10,631,058$398,340$0$8,493,828
78$11,632,472$334,905$0$9,278,283
79$12,733,417$265,749$0$10,140,807
80$13,943,963$190,508$0$11,089,331
81$15,275,205$108,800$0$12,132,598
82$16,739,365$20,221$0$13,280,242
83$18,349,912$0$0$14,542,883
84$20,121,683$0$0$15,944,709
85$22,071,027$0$0$17,490,746
86$24,215,958$0$0$19,191,949
87$26,576,323$0$0$21,064,066
88$29,173,990$0$0$23,124,445
89$32,033,057$0$0$25,392,207
90$35,180,073$0$0$27,888,416
91$38,644,293$0$0$30,636,284
92$42,457,953$0$0$33,661,387
93$46,656,573$0$0$36,991,906
94$51,279,291$0$0$40,658,896
95$56,369,234$0$0$44,696,574
96$61,973,924$0$0$49,142,645
97$68,145,726$0$0$54,038,656
98$74,942,342$0$0$59,430,390
99$82,427,353$0$0$65,368,294
100$90,670,824$0$0$71,907,958