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%17.6%
1 years$63,999$63,429$62,873$62,330$61,800$59,893
2 years$31,683$31,093$30,521$29,966$29,428$27,524
3 years$20,912$20,319$19,749$19,200$18,671$16,829
4 years$15,528$14,937$14,372$13,832$13,316$11,550
5 years$12,298$11,711$11,153$10,624$10,123$8,438
6 years$10,145$9,563$9,014$8,496$8,010$6,408
7 years$8,609$8,031$7,490$6,985$6,514$4,994
8 years$7,456$6,884$6,352$5,860$5,404$3,966
9 years$6,561$5,994$5,471$4,991$4,551$3,192
10 years$5,845$5,283$4,770$4,303$3,878$2,597
11 years$5,259$4,703$4,199$3,745$3,335$2,130
12 years$4,772$4,221$3,727$3,284$2,890$1,758
13 years$4,359$3,815$3,330$2,900$2,520$1,458
14 years$4,006$3,468$2,992$2,574$2,209$1,215
15 years$3,701$3,168$2,701$2,296$1,945$1,016
16 years$3,434$2,906$2,449$2,055$1,719$851
17 years$3,198$2,677$2,229$1,847$1,524$715
18 years$2,989$2,473$2,034$1,664$1,355$602
19 years$2,802$2,292$1,862$1,504$1,208$508
20 years$2,634$2,130$1,709$1,362$1,079$429
21 years$2,482$1,984$1,572$1,236$966$362
22 years$2,344$1,852$1,449$1,124$866$306
23 years$2,219$1,732$1,338$1,024$777$259
24 years$2,104$1,623$1,237$934$698$220
25 years$1,998$1,523$1,146$853$628$186
26 years$1,901$1,431$1,063$780$566$158
27 years$1,811$1,347$987$714$510$134
28 years$1,727$1,269$917$654$460$114
29 years$1,650$1,198$854$600$416$97
30 years$1,578$1,131$795$550$376$82
31 years$1,510$1,069$741$505$340$70
32 years$1,447$1,012$692$464$307$59
33 years$1,388$958$646$427$278$50
34 years$1,332$908$603$393$252$43
35 years$1,280$861$564$362$228$36
36 years$1,231$817$528$333$207$31
37 years$1,184$776$494$307$187$26
38 years$1,140$738$463$283$170$22
39 years$1,099$702$433$261$154$19
40 years$1,060$667$406$241$140$16
41 years$1,022$635$381$222$127$14
42 years$987$605$357$205$115$12
43 years$953$577$335$189$104$10
44 years$921$550$315$175$95$8
45 years$890$524$296$161$86$7
46 years$861$500$278$149$78$6
47 years$833$477$261$138$71$5
48 years$807$455$245$127$64$4
49 years$781$435$230$118$58$4
50 years$757$415$217$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $775,000, adding $4,106 every year, while hoping to spend $50,525 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: 46/33/21 Blend
44$775,000$775,000$775,000$775,000
45$858,285$817,210$805,198$892,435
46$892,072$803,495$778,414$903,068
47$927,612$787,415$749,039$909,261
48$965,030$768,800$716,934$914,939
49$1,004,463$747,471$681,951$920,079
50$1,046,060$723,239$643,938$924,657
51$1,089,982$695,902$602,734$928,651
52$1,136,407$665,248$558,172$932,040
53$1,185,528$631,052$510,078$934,808
54$1,237,555$593,077$458,269$936,939
55$1,292,719$551,071$402,554$938,421
56$1,351,271$504,768$342,734$939,248
57$1,413,486$453,887$278,601$939,415
58$1,479,665$398,131$209,938$938,926
59$1,550,137$337,186$136,517$937,790
60$1,625,263$270,720$58,103$936,023
61$1,705,438$198,383$0$933,652
62$1,791,095$119,806$0$936,443
63$1,882,706$34,597$0$952,977
64$1,980,794$0$0$970,343
65$2,085,927$0$0$1,009,614
66$2,198,730$0$0$1,065,292
67$2,319,891$0$0$1,125,158
68$2,450,163$0$0$1,189,594
69$2,590,372$0$0$1,259,017
70$2,741,426$0$0$1,333,885
71$2,904,323$0$0$1,414,703
72$3,080,159$0$0$1,502,025
73$3,270,138$0$0$1,596,459
74$3,475,582$0$0$1,698,673
75$3,697,946$0$0$1,809,404
76$3,938,828$0$0$1,929,460
77$4,199,986$0$0$2,059,729
78$4,483,354$0$0$2,201,190
79$4,791,057$0$0$2,354,918
80$5,125,433$0$0$2,522,097
81$5,489,055$0$0$2,704,027
82$5,884,752$0$0$2,902,142
83$6,315,639$0$0$3,118,016
84$6,785,141$0$0$3,353,386
85$7,297,029$0$0$3,610,159
86$7,855,454$0$0$3,890,437
87$8,464,984$0$0$4,196,533
88$9,130,646$0$0$4,530,992
89$9,857,976$0$0$4,896,619
90$10,653,067$0$0$5,296,498
91$11,522,630$0$0$5,734,028
92$12,474,051$0$0$6,212,951
93$13,515,464$0$0$6,737,387
94$14,655,827$0$0$7,311,873
95$15,905,003$0$0$7,941,406
96$17,273,855$0$0$8,631,488
97$18,774,346$0$0$9,388,180
98$20,419,652$0$0$10,218,157
99$22,224,284$0$0$11,128,773
100$24,204,226$0$0$12,128,125