Can I retire at age 45 with 776,000?

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 $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%17.5%
1 years$64,081$63,511$62,954$62,410$61,879$59,995
2 years$31,723$31,133$30,560$30,005$29,466$27,584
3 years$20,939$20,346$19,774$19,224$18,695$16,873
4 years$15,548$14,956$14,391$13,850$13,333$11,587
5 years$12,314$11,726$11,168$10,638$10,136$8,469
6 years$10,159$9,575$9,025$8,507$8,020$6,435
7 years$8,620$8,041$7,500$6,994$6,522$5,018
8 years$7,466$6,893$6,361$5,867$5,411$3,987
9 years$6,569$6,001$5,478$4,998$4,557$3,212
10 years$5,852$5,290$4,776$4,308$3,883$2,614
11 years$5,266$4,709$4,205$3,749$3,339$2,145
12 years$4,778$4,227$3,732$3,289$2,894$1,772
13 years$4,365$3,820$3,334$2,903$2,523$1,471
14 years$4,012$3,472$2,996$2,577$2,212$1,226
15 years$3,706$3,172$2,705$2,299$1,948$1,026
16 years$3,438$2,910$2,452$2,058$1,721$861
17 years$3,202$2,680$2,231$1,849$1,526$724
18 years$2,993$2,476$2,037$1,666$1,357$610
19 years$2,806$2,295$1,865$1,506$1,210$514
20 years$2,637$2,133$1,711$1,364$1,080$435
21 years$2,485$1,987$1,574$1,238$967$368
22 years$2,347$1,854$1,451$1,125$867$311
23 years$2,222$1,734$1,340$1,025$778$264
24 years$2,106$1,625$1,239$935$699$224
25 years$2,001$1,525$1,147$854$629$190
26 years$1,903$1,433$1,064$781$567$161
27 years$1,813$1,349$988$714$511$137
28 years$1,730$1,271$919$655$461$116
29 years$1,652$1,199$855$600$416$99
30 years$1,580$1,132$796$551$376$84
31 years$1,512$1,070$742$506$340$71
32 years$1,449$1,013$693$465$308$61
33 years$1,390$959$647$428$278$52
34 years$1,334$909$604$393$252$44
35 years$1,282$862$565$362$228$37
36 years$1,232$818$528$334$207$32
37 years$1,186$777$495$307$187$27
38 years$1,142$739$463$283$170$23
39 years$1,100$702$434$261$154$20
40 years$1,061$668$407$241$140$17
41 years$1,023$636$381$222$127$14
42 years$988$606$358$205$115$12
43 years$954$577$336$189$104$10
44 years$922$550$315$175$95$9
45 years$891$525$296$161$86$7
46 years$862$501$278$149$78$6
47 years$834$478$261$138$71$5
48 years$808$456$245$127$64$5
49 years$782$435$231$118$59$4
50 years$758$416$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 $776,000, adding $3,392 every year, while hoping to spend $55,954 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: 59/26/15 Blend
44$776,000$776,000$776,000$776,000
45$858,651$817,523$805,495$905,848
46$886,699$798,047$772,944$918,639
47$915,732$775,741$737,428$926,073
48$945,792$750,408$698,787$932,868
49$976,923$721,838$656,857$938,972
50$1,009,172$689,811$611,464$944,328
51$1,042,586$654,090$562,427$948,874
52$1,077,219$614,430$509,557$952,549
53$1,113,126$570,567$452,658$955,287
54$1,150,365$522,225$391,522$957,019
55$1,188,998$469,111$325,935$957,671
56$1,229,094$410,915$255,671$957,168
57$1,270,722$347,310$180,496$955,432
58$1,313,958$277,951$100,166$952,378
59$1,358,883$202,472$14,423$947,922
60$1,405,584$120,488$0$941,972
61$1,454,154$31,592$0$946,771
62$1,504,692$0$0$953,152
63$1,557,304$0$0$977,243
64$1,612,105$0$0$1,011,762
65$1,669,219$0$0$1,047,750
66$1,728,777$0$0$1,085,291
67$1,790,924$0$0$1,124,477
68$1,855,812$0$0$1,165,408
69$1,923,609$0$0$1,208,191
70$1,994,494$0$0$1,252,940
71$2,068,662$0$0$1,299,781
72$2,146,323$0$0$1,348,850
73$2,227,705$0$0$1,400,294
74$2,313,055$0$0$1,454,271
75$2,402,641$0$0$1,510,955
76$2,496,756$0$0$1,570,534
77$2,595,716$0$0$1,633,212
78$2,699,864$0$0$1,699,211
79$2,809,576$0$0$1,768,774
80$2,925,260$0$0$1,842,164
81$3,047,361$0$0$1,919,668
82$3,176,363$0$0$2,001,601
83$3,312,796$0$0$2,088,303
84$3,457,237$0$0$2,180,149
85$3,610,317$0$0$2,277,547
86$3,772,725$0$0$2,380,942
87$3,945,215$0$0$2,490,823
88$4,128,610$0$0$2,607,723
89$4,323,812$0$0$2,732,227
90$4,531,809$0$0$2,864,972
91$4,753,681$0$0$3,006,661
92$4,990,612$0$0$3,158,060
93$5,243,900$0$0$3,320,011
94$5,514,967$0$0$3,493,435
95$5,805,373$0$0$3,679,344
96$6,116,828$0$0$3,878,847
97$6,451,210$0$0$4,093,162
98$6,810,578$0$0$4,323,626
99$7,197,194$0$0$4,571,705
100$7,613,542$0$0$4,839,012