Can I retire at age 45 with 776,000?

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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$64,081$63,511$62,954$62,410$61,879$60,580
2 years$31,723$31,133$30,560$30,005$29,466$28,164
3 years$20,939$20,346$19,774$19,224$18,695$17,429
4 years$15,548$14,956$14,391$13,850$13,333$12,115
5 years$12,314$11,726$11,168$10,638$10,136$8,967
6 years$10,159$9,575$9,025$8,507$8,020$6,903
7 years$8,620$8,041$7,500$6,994$6,522$5,457
8 years$7,466$6,893$6,361$5,867$5,411$4,397
9 years$6,569$6,001$5,478$4,998$4,557$3,594
10 years$5,852$5,290$4,776$4,308$3,883$2,969
11 years$5,266$4,709$4,205$3,749$3,339$2,474
12 years$4,778$4,227$3,732$3,289$2,894$2,076
13 years$4,365$3,820$3,334$2,903$2,523$1,752
14 years$4,012$3,472$2,996$2,577$2,212$1,484
15 years$3,706$3,172$2,705$2,299$1,948$1,263
16 years$3,438$2,910$2,452$2,058$1,721$1,078
17 years$3,202$2,680$2,231$1,849$1,526$922
18 years$2,993$2,476$2,037$1,666$1,357$791
19 years$2,806$2,295$1,865$1,506$1,210$679
20 years$2,637$2,133$1,711$1,364$1,080$584
21 years$2,485$1,987$1,574$1,238$967$503
22 years$2,347$1,854$1,451$1,125$867$434
23 years$2,222$1,734$1,340$1,025$778$375
24 years$2,106$1,625$1,239$935$699$324
25 years$2,001$1,525$1,147$854$629$280
26 years$1,903$1,433$1,064$781$567$243
27 years$1,813$1,349$988$714$511$210
28 years$1,730$1,271$919$655$461$182
29 years$1,652$1,199$855$600$416$158
30 years$1,580$1,132$796$551$376$137
31 years$1,512$1,070$742$506$340$118
32 years$1,449$1,013$693$465$308$103
33 years$1,390$959$647$428$278$89
34 years$1,334$909$604$393$252$77
35 years$1,282$862$565$362$228$67
36 years$1,232$818$528$334$207$58
37 years$1,186$777$495$307$187$51
38 years$1,142$739$463$283$170$44
39 years$1,100$702$434$261$154$38
40 years$1,061$668$407$241$140$33
41 years$1,023$636$381$222$127$29
42 years$988$606$358$205$115$25
43 years$954$577$336$189$104$22
44 years$922$550$315$175$95$19
45 years$891$525$296$161$86$16
46 years$862$501$278$149$78$14
47 years$834$478$261$138$71$12
48 years$808$456$245$127$64$11
49 years$782$435$231$118$59$9
50 years$758$416$217$109$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $776,000, adding $5,267 every year, while hoping to spend $55,749 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: 42/39/19 Blend
44$776,000$776,000$776,000$776,000
45$860,585$819,457$807,429$891,741
46$889,048$800,294$775,161$895,162
47$918,546$778,323$739,944$893,039
48$949,125$753,349$701,620$889,581
49$980,836$725,163$660,024$884,694
50$1,013,730$693,544$614,984$878,280
51$1,047,864$658,262$566,319$870,232
52$1,083,298$619,069$513,843$860,443
53$1,120,096$575,704$457,358$848,795
54$1,158,326$527,893$396,659$835,169
55$1,198,060$475,345$331,532$819,437
56$1,239,377$417,752$261,754$801,465
57$1,282,361$354,789$187,090$781,113
58$1,327,100$286,113$107,296$758,235
59$1,373,693$211,361$22,119$732,677
60$1,422,241$130,149$0$704,279
61$1,472,857$42,074$0$686,815
62$1,525,661$0$0$671,859
63$1,580,781$0$0$677,666
64$1,638,358$0$0$702,614
65$1,698,543$0$0$728,716
66$1,761,498$0$0$756,045
67$1,827,401$0$0$784,681
68$1,896,441$0$0$814,711
69$1,968,827$0$0$846,228
70$2,044,784$0$0$879,336
71$2,124,555$0$0$914,144
72$2,208,405$0$0$950,774
73$2,296,623$0$0$989,357
74$2,389,522$0$0$1,030,036
75$2,487,445$0$0$1,072,967
76$2,590,763$0$0$1,118,319
77$2,699,881$0$0$1,166,279
78$2,815,243$0$0$1,217,048
79$2,937,331$0$0$1,270,847
80$3,066,672$0$0$1,327,918
81$3,203,843$0$0$1,388,525
82$3,349,472$0$0$1,452,957
83$3,504,250$0$0$1,521,528
84$3,668,928$0$0$1,594,586
85$3,844,331$0$0$1,672,508
86$4,031,363$0$0$1,755,710
87$4,231,011$0$0$1,844,645
88$4,444,360$0$0$1,939,812
89$4,672,597$0$0$2,041,756
90$4,917,023$0$0$2,151,078
91$5,179,068$0$0$2,268,434
92$5,460,297$0$0$2,394,546
93$5,762,429$0$0$2,530,205
94$6,087,353$0$0$2,676,281
95$6,437,139$0$0$2,833,728
96$6,814,062$0$0$3,003,596
97$7,220,623$0$0$3,187,037
98$7,659,566$0$0$3,385,316
99$8,133,908$0$0$3,599,825
100$8,646,964$0$0$3,832,095