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%15.8%
1 years$63,916$63,347$62,791$62,249$61,720$60,252
2 years$31,642$31,052$30,481$29,928$29,390$27,920
3 years$20,885$20,293$19,723$19,175$18,646$17,220
4 years$15,508$14,918$14,354$13,814$13,299$11,927
5 years$12,282$11,696$11,139$10,611$10,110$8,796
6 years$10,132$9,550$9,002$8,486$7,999$6,745
7 years$8,597$8,020$7,481$6,976$6,506$5,312
8 years$7,447$6,875$6,344$5,852$5,397$4,262
9 years$6,552$5,986$5,464$4,985$4,545$3,469
10 years$5,837$5,276$4,764$4,297$3,873$2,854
11 years$5,253$4,697$4,194$3,740$3,331$2,368
12 years$4,766$4,216$3,722$3,280$2,886$1,977
13 years$4,354$3,810$3,325$2,896$2,517$1,661
14 years$4,001$3,463$2,988$2,571$2,206$1,401
15 years$3,696$3,164$2,698$2,293$1,943$1,186
16 years$3,429$2,903$2,446$2,053$1,717$1,007
17 years$3,194$2,673$2,226$1,844$1,522$857
18 years$2,985$2,470$2,032$1,662$1,354$731
19 years$2,798$2,289$1,860$1,502$1,206$625
20 years$2,631$2,127$1,707$1,360$1,078$535
21 years$2,479$1,981$1,570$1,235$964$458
22 years$2,341$1,850$1,447$1,122$864$393
23 years$2,216$1,730$1,336$1,022$776$338
24 years$2,101$1,621$1,236$932$697$290
25 years$1,995$1,521$1,144$851$628$250
26 years$1,898$1,430$1,061$779$565$215
27 years$1,808$1,345$986$713$510$185
28 years$1,725$1,268$916$653$460$159
29 years$1,648$1,196$853$599$415$137
30 years$1,576$1,129$794$550$375$118
31 years$1,508$1,068$740$505$339$102
32 years$1,445$1,010$691$464$307$88
33 years$1,386$957$645$427$278$76
34 years$1,331$907$603$392$251$65
35 years$1,278$860$563$361$228$56
36 years$1,229$816$527$333$206$49
37 years$1,183$775$493$307$187$42
38 years$1,139$737$462$283$170$36
39 years$1,098$701$433$261$154$31
40 years$1,058$667$406$240$139$27
41 years$1,021$635$380$222$127$23
42 years$985$604$357$205$115$20
43 years$952$576$335$189$104$17
44 years$920$549$314$174$95$15
45 years$889$523$295$161$86$13
46 years$860$499$277$149$78$11
47 years$832$476$260$137$71$10
48 years$805$455$245$127$64$8
49 years$780$434$230$117$58$7
50 years$756$415$216$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $774,000, adding $6,594 every year, while hoping to spend $53,781 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: 66/17/17 Blend
44$774,000$774,000$774,000$774,000
45$859,750$818,728$806,731$912,502
46$890,222$801,623$776,534$931,517
47$921,999$781,877$743,522$945,455
48$955,159$759,305$707,546$959,378
49$989,783$733,709$668,447$973,282
50$1,025,960$704,880$626,059$987,167
51$1,063,787$672,598$580,211$1,001,034
52$1,103,367$636,629$530,722$1,014,883
53$1,144,813$596,727$477,404$1,028,721
54$1,188,248$552,630$420,061$1,042,555
55$1,233,802$504,062$358,486$1,056,396
56$1,281,620$450,731$292,465$1,070,259
57$1,331,858$392,330$221,775$1,084,163
58$1,384,685$328,531$146,182$1,098,133
59$1,440,284$258,991$65,441$1,112,197
60$1,498,858$183,345$0$1,126,393
61$1,560,623$101,211$0$1,144,524
62$1,625,818$12,182$0$1,175,794
63$1,694,702$0$0$1,208,433
64$1,767,558$0$0$1,258,312
65$1,844,696$0$0$1,313,557
66$1,926,453$0$0$1,372,134
67$2,013,197$0$0$1,434,310
68$2,105,331$0$0$1,500,379
69$2,203,297$0$0$1,570,659
70$2,307,577$0$0$1,645,501
71$2,418,700$0$0$1,725,288
72$2,537,243$0$0$1,810,440
73$2,663,840$0$0$1,901,415
74$2,799,186$0$0$1,998,720
75$2,944,041$0$0$2,102,905
76$3,099,241$0$0$2,214,576
77$3,265,701$0$0$2,334,400
78$3,444,426$0$0$2,463,104
79$3,636,517$0$0$2,601,490
80$3,843,186$0$0$2,750,437
81$4,065,761$0$0$2,910,909
82$4,305,701$0$0$3,083,967
83$4,564,611$0$0$3,270,776
84$4,844,250$0$0$3,472,615
85$5,146,555$0$0$3,690,890
86$5,473,654$0$0$3,927,148
87$5,827,884$0$0$4,183,087
88$6,211,817$0$0$4,460,576
89$6,628,280$0$0$4,761,670
90$7,080,382$0$0$5,088,628
91$7,571,543$0$0$5,443,936
92$8,105,525$0$0$5,830,327
93$8,686,467$0$0$6,250,810
94$9,318,921$0$0$6,708,695
95$10,007,897$0$0$7,207,624
96$10,758,911$0$0$7,751,604
97$11,578,030$0$0$8,345,048
98$12,471,932$0$0$8,992,811
99$13,447,970$0$0$9,700,238
100$14,514,238$0$0$10,473,212