Can I retire at age 45 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$63,999$63,429$62,873$62,330$61,800$60,952
2 years$31,683$31,093$30,521$29,966$29,428$28,576
3 years$20,912$20,319$19,749$19,200$18,671$17,839
4 years$15,528$14,937$14,372$13,832$13,316$12,513
5 years$12,298$11,711$11,153$10,624$10,123$9,350
6 years$10,145$9,563$9,014$8,496$8,010$7,268
7 years$8,609$8,031$7,490$6,985$6,514$5,804
8 years$7,456$6,884$6,352$5,860$5,404$4,726
9 years$6,561$5,994$5,471$4,991$4,551$3,904
10 years$5,845$5,283$4,770$4,303$3,878$3,261
11 years$5,259$4,703$4,199$3,745$3,335$2,749
12 years$4,772$4,221$3,727$3,284$2,890$2,333
13 years$4,359$3,815$3,330$2,900$2,520$1,992
14 years$4,006$3,468$2,992$2,574$2,209$1,709
15 years$3,701$3,168$2,701$2,296$1,945$1,472
16 years$3,434$2,906$2,449$2,055$1,719$1,272
17 years$3,198$2,677$2,229$1,847$1,524$1,102
18 years$2,989$2,473$2,034$1,664$1,355$958
19 years$2,802$2,292$1,862$1,504$1,208$834
20 years$2,634$2,130$1,709$1,362$1,079$727
21 years$2,482$1,984$1,572$1,236$966$635
22 years$2,344$1,852$1,449$1,124$866$555
23 years$2,219$1,732$1,338$1,024$777$486
24 years$2,104$1,623$1,237$934$698$426
25 years$1,998$1,523$1,146$853$628$374
26 years$1,901$1,431$1,063$780$566$328
27 years$1,811$1,347$987$714$510$288
28 years$1,727$1,269$917$654$460$253
29 years$1,650$1,198$854$600$416$223
30 years$1,578$1,131$795$550$376$196
31 years$1,510$1,069$741$505$340$173
32 years$1,447$1,012$692$464$307$152
33 years$1,388$958$646$427$278$134
34 years$1,332$908$603$393$252$118
35 years$1,280$861$564$362$228$104
36 years$1,231$817$528$333$207$92
37 years$1,184$776$494$307$187$81
38 years$1,140$738$463$283$170$71
39 years$1,099$702$433$261$154$63
40 years$1,060$667$406$241$140$55
41 years$1,022$635$381$222$127$49
42 years$987$605$357$205$115$43
43 years$953$577$335$189$104$38
44 years$921$550$315$175$95$33
45 years$890$524$296$161$86$30
46 years$861$500$278$149$78$26
47 years$833$477$261$138$71$23
48 years$807$455$245$127$64$20
49 years$781$435$230$118$58$18
50 years$757$415$217$109$53$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $775,000, adding $2,699 every year, while hoping to spend $55,202 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: 41/45/14 Blend
44$775,000$775,000$775,000$775,000
45$856,834$815,759$803,747$888,317
46$885,497$796,997$771,938$892,026
47$915,233$775,465$737,213$890,400
48$946,093$750,970$699,416$887,442
49$978,133$723,306$658,385$883,058
50$1,011,411$692,255$613,949$877,146
51$1,045,988$657,589$565,930$869,600
52$1,081,932$619,064$514,141$860,309
53$1,119,313$576,423$458,389$849,156
54$1,158,209$529,393$398,471$836,017
55$1,198,700$477,688$334,174$820,764
56$1,240,876$421,003$265,278$803,261
57$1,284,832$359,018$191,550$783,366
58$1,330,668$291,393$112,751$760,931
59$1,378,495$217,771$28,627$735,799
60$1,428,432$137,772$0$707,807
61$1,480,606$50,997$0$685,920
62$1,535,156$0$0$665,983
63$1,592,231$0$0$664,852
64$1,651,993$0$0$690,135
65$1,714,618$0$0$716,658
66$1,780,295$0$0$744,504
67$1,849,231$0$0$773,765
68$1,921,649$0$0$804,540
69$1,997,794$0$0$836,937
70$2,077,931$0$0$871,074
71$2,162,346$0$0$907,080
72$2,251,355$0$0$945,094
73$2,345,298$0$0$985,268
74$2,444,550$0$0$1,027,768
75$2,549,516$0$0$1,072,777
76$2,660,640$0$0$1,120,492
77$2,778,409$0$0$1,171,131
78$2,903,350$0$0$1,224,929
79$3,036,045$0$0$1,282,147
80$3,177,125$0$0$1,343,068
81$3,327,285$0$0$1,408,002
82$3,487,284$0$0$1,477,289
83$3,657,951$0$0$1,551,303
84$3,840,198$0$0$1,630,450
85$4,035,022$0$0$1,715,180
86$4,243,517$0$0$1,805,982
87$4,466,880$0$0$1,903,396
88$4,706,429$0$0$2,008,012
89$4,963,605$0$0$2,120,478
90$5,239,993$0$0$2,241,507
91$5,537,330$0$0$2,371,880
92$5,857,525$0$0$2,512,456
93$6,202,675$0$0$2,664,177
94$6,575,083$0$0$2,828,082
95$6,977,278$0$0$3,005,307
96$7,412,040$0$0$3,197,106
97$7,882,424$0$0$3,404,853
98$8,391,790$0$0$3,630,062
99$8,943,831$0$0$3,874,397
100$9,542,606$0$0$4,139,688