Can I retire at age 45 with 774,000?

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 $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%14.5%
1 years$63,916$63,347$62,791$62,249$61,720$60,573
2 years$31,642$31,052$30,481$29,928$29,390$28,239
3 years$20,885$20,293$19,723$19,175$18,646$17,527
4 years$15,508$14,918$14,354$13,814$13,299$12,219
5 years$12,282$11,696$11,139$10,611$10,110$9,073
6 years$10,132$9,550$9,002$8,486$7,999$7,008
7 years$8,597$8,020$7,481$6,976$6,506$5,559
8 years$7,447$6,875$6,344$5,852$5,397$4,494
9 years$6,552$5,986$5,464$4,985$4,545$3,686
10 years$5,837$5,276$4,764$4,297$3,873$3,057
11 years$5,253$4,697$4,194$3,740$3,331$2,557
12 years$4,766$4,216$3,722$3,280$2,886$2,154
13 years$4,354$3,810$3,325$2,896$2,517$1,825
14 years$4,001$3,463$2,988$2,571$2,206$1,553
15 years$3,696$3,164$2,698$2,293$1,943$1,326
16 years$3,429$2,903$2,446$2,053$1,717$1,137
17 years$3,194$2,673$2,226$1,844$1,522$977
18 years$2,985$2,470$2,032$1,662$1,354$841
19 years$2,798$2,289$1,860$1,502$1,206$726
20 years$2,631$2,127$1,707$1,360$1,078$627
21 years$2,479$1,981$1,570$1,235$964$543
22 years$2,341$1,850$1,447$1,122$864$471
23 years$2,216$1,730$1,336$1,022$776$408
24 years$2,101$1,621$1,236$932$697$354
25 years$1,995$1,521$1,144$851$628$308
26 years$1,898$1,430$1,061$779$565$268
27 years$1,808$1,345$986$713$510$233
28 years$1,725$1,268$916$653$460$203
29 years$1,648$1,196$853$599$415$177
30 years$1,576$1,129$794$550$375$154
31 years$1,508$1,068$740$505$339$134
32 years$1,445$1,010$691$464$307$117
33 years$1,386$957$645$427$278$102
34 years$1,331$907$603$392$251$89
35 years$1,278$860$563$361$228$77
36 years$1,229$816$527$333$206$68
37 years$1,183$775$493$307$187$59
38 years$1,139$737$462$283$170$51
39 years$1,098$701$433$261$154$45
40 years$1,058$667$406$240$139$39
41 years$1,021$635$380$222$127$34
42 years$985$604$357$205$115$30
43 years$952$576$335$189$104$26
44 years$920$549$314$174$95$23
45 years$889$523$295$161$86$20
46 years$860$499$277$149$78$17
47 years$832$476$260$137$71$15
48 years$805$455$245$127$64$13
49 years$780$434$230$117$58$12
50 years$756$415$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 $774,000, adding $6,494 every year, while hoping to spend $31,096 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: 71/23/6 Blend
44$774,000$774,000$774,000$774,000
45$859,647$818,625$806,628$919,559
46$914,245$825,651$800,564$967,007
47$973,369$831,980$793,254$1,014,430
48$1,037,450$837,544$784,625$1,065,467
49$1,106,958$842,272$774,598$1,120,466
50$1,182,412$846,087$763,091$1,179,807
51$1,264,382$848,910$750,019$1,243,914
52$1,353,496$850,653$735,292$1,313,250
53$1,450,445$851,227$718,816$1,388,329
54$1,555,987$850,534$700,494$1,469,715
55$1,670,959$848,472$680,221$1,558,031
56$1,796,280$844,930$657,892$1,653,964
57$1,932,963$839,794$633,394$1,758,271
58$2,082,122$832,941$606,609$1,871,787
59$2,244,982$824,239$577,415$1,995,432
60$2,422,895$813,551$545,683$2,130,222
61$2,617,346$800,731$511,279$2,277,276
62$2,829,972$785,623$474,063$2,437,828
63$3,062,573$768,063$433,888$2,613,238
64$3,317,134$747,876$390,602$2,805,009
65$3,595,839$724,879$344,044$3,014,793
66$3,901,093$698,877$294,048$3,244,417
67$4,235,545$669,662$240,439$3,495,892
68$4,602,112$637,017$183,035$3,771,437
69$5,004,007$600,711$121,647$4,073,498
70$5,444,768$560,498$56,075$4,404,773
71$5,928,293$516,121$0$4,768,235
72$6,458,875$467,307$0$5,168,055
73$7,041,241$413,767$0$5,610,848
74$7,680,602$355,195$0$6,097,022
75$8,382,693$291,269$0$6,630,988
76$9,153,836$221,650$0$7,217,609
77$10,000,993$145,976$0$7,862,246
78$10,931,834$63,869$0$8,570,809
79$11,954,809$0$0$9,349,813
80$13,079,227$0$0$10,212,785
81$14,315,344$0$0$11,179,297
82$15,674,460$0$0$12,242,024
83$17,169,022$0$0$13,410,707
84$18,812,746$0$0$14,696,075
85$20,620,743$0$0$16,109,951
86$22,609,662$0$0$17,665,361
87$24,797,848$0$0$19,376,658
88$27,205,511$0$0$21,259,653
89$29,854,922$0$0$23,331,771
90$32,770,619$0$0$25,612,210
91$35,979,637$0$0$28,122,122
92$39,511,766$0$0$30,884,815
93$43,399,833$0$0$33,925,972
94$47,680,005$0$0$37,273,890
95$52,392,136$0$0$40,959,751
96$57,580,142$0$0$45,017,913
97$63,292,409$0$0$49,486,237
98$69,582,260$0$0$54,406,439
99$76,508,447$0$0$59,824,489
100$84,135,713$0$0$65,791,040