Can I retire at age 45 with 775,000?

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 $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%18.6%
1 years$63,999$63,429$62,873$62,330$61,800$59,654
2 years$31,683$31,093$30,521$29,966$29,428$27,289
3 years$20,912$20,319$19,749$19,200$18,671$16,605
4 years$15,528$14,937$14,372$13,832$13,316$11,339
5 years$12,298$11,711$11,153$10,624$10,123$8,240
6 years$10,145$9,563$9,014$8,496$8,010$6,223
7 years$8,609$8,031$7,490$6,985$6,514$4,823
8 years$7,456$6,884$6,352$5,860$5,404$3,807
9 years$6,561$5,994$5,471$4,991$4,551$3,046
10 years$5,845$5,283$4,770$4,303$3,878$2,462
11 years$5,259$4,703$4,199$3,745$3,335$2,006
12 years$4,772$4,221$3,727$3,284$2,890$1,645
13 years$4,359$3,815$3,330$2,900$2,520$1,356
14 years$4,006$3,468$2,992$2,574$2,209$1,121
15 years$3,701$3,168$2,701$2,296$1,945$931
16 years$3,434$2,906$2,449$2,055$1,719$775
17 years$3,198$2,677$2,229$1,847$1,524$646
18 years$2,989$2,473$2,034$1,664$1,355$540
19 years$2,802$2,292$1,862$1,504$1,208$452
20 years$2,634$2,130$1,709$1,362$1,079$378
21 years$2,482$1,984$1,572$1,236$966$317
22 years$2,344$1,852$1,449$1,124$866$266
23 years$2,219$1,732$1,338$1,024$777$224
24 years$2,104$1,623$1,237$934$698$188
25 years$1,998$1,523$1,146$853$628$158
26 years$1,901$1,431$1,063$780$566$133
27 years$1,811$1,347$987$714$510$112
28 years$1,727$1,269$917$654$460$94
29 years$1,650$1,198$854$600$416$79
30 years$1,578$1,131$795$550$376$67
31 years$1,510$1,069$741$505$340$56
32 years$1,447$1,012$692$464$307$47
33 years$1,388$958$646$427$278$40
34 years$1,332$908$603$393$252$34
35 years$1,280$861$564$362$228$28
36 years$1,231$817$528$333$207$24
37 years$1,184$776$494$307$187$20
38 years$1,140$738$463$283$170$17
39 years$1,099$702$433$261$154$14
40 years$1,060$667$406$241$140$12
41 years$1,022$635$381$222$127$10
42 years$987$605$357$205$115$9
43 years$953$577$335$189$104$7
44 years$921$550$315$175$95$6
45 years$890$524$296$161$86$5
46 years$861$500$278$149$78$4
47 years$833$477$261$138$71$4
48 years$807$455$245$127$64$3
49 years$781$435$230$118$58$3
50 years$757$415$217$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $775,000, adding $6,720 every year, while hoping to spend $46,851 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: 42/38/20 Blend
44$775,000$775,000$775,000$775,000
45$860,982$819,907$807,894$891,847
46$898,953$810,233$785,110$904,726
47$939,227$798,515$759,991$913,611
48$981,989$784,603$732,412$922,267
49$1,027,442$768,339$702,238$930,698
50$1,075,808$749,554$669,330$938,911
51$1,127,329$728,072$633,542$946,918
52$1,182,272$703,703$594,721$954,734
53$1,240,928$676,249$552,708$962,384
54$1,303,616$645,498$507,337$969,895
55$1,370,686$611,228$458,434$977,306
56$1,442,521$573,203$405,816$984,662
57$1,519,541$531,174$349,295$992,019
58$1,602,210$484,876$288,671$999,446
59$1,691,032$434,032$223,738$1,007,023
60$1,786,564$378,347$154,280$1,014,845
61$1,889,416$317,508$80,072$1,023,024
62$2,000,259$251,189$876$1,031,691
63$2,119,829$179,040$0$1,040,997
64$2,248,934$100,696$0$1,068,967
65$2,388,464$15,769$0$1,099,313
66$2,539,396$0$0$1,132,137
67$2,702,802$0$0$1,199,606
68$2,879,864$0$0$1,279,940
69$3,071,880$0$0$1,367,144
70$3,280,278$0$0$1,461,877
71$3,506,626$0$0$1,564,864
72$3,752,652$0$0$1,676,904
73$4,020,256$0$0$1,798,872
74$4,311,528$0$0$1,931,736
75$4,628,767$0$0$2,076,557
76$4,974,505$0$0$2,234,505
77$5,351,527$0$0$2,406,867
78$5,762,898$0$0$2,595,060
79$6,211,993$0$0$2,800,643
80$6,702,525$0$0$3,025,334
81$7,238,585$0$0$3,271,023
82$7,824,673$0$0$3,539,791
83$8,465,747$0$0$3,833,929
84$9,167,263$0$0$4,155,961
85$9,935,231$0$0$4,508,667
86$10,776,268$0$0$4,895,105
87$11,697,662$0$0$5,318,647
88$12,707,438$0$0$5,783,003
89$13,814,435$0$0$6,292,263
90$15,028,387$0$0$6,850,927
91$16,360,015$0$0$7,463,957
92$17,821,129$0$0$8,136,813
93$19,424,738$0$0$8,875,515
94$21,185,169$0$0$9,686,689
95$23,118,206$0$0$10,577,638
96$25,241,235$0$0$11,556,406
97$27,573,410$0$0$12,631,853
98$30,135,831$0$0$13,813,742
99$32,951,741$0$0$15,112,826
100$36,046,748$0$0$16,540,955