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%18.3%
1 years$64,081$63,511$62,954$62,410$61,879$59,803
2 years$31,723$31,133$30,560$30,005$29,466$27,395
3 years$20,939$20,346$19,774$19,224$18,695$16,693
4 years$15,548$14,956$14,391$13,850$13,333$11,417
5 years$12,314$11,726$11,168$10,638$10,136$8,310
6 years$10,159$9,575$9,025$8,507$8,020$6,286
7 years$8,620$8,041$7,500$6,994$6,522$4,880
8 years$7,466$6,893$6,361$5,867$5,411$3,859
9 years$6,569$6,001$5,478$4,998$4,557$3,093
10 years$5,852$5,290$4,776$4,308$3,883$2,505
11 years$5,266$4,709$4,205$3,749$3,339$2,045
12 years$4,778$4,227$3,732$3,289$2,894$1,680
13 years$4,365$3,820$3,334$2,903$2,523$1,387
14 years$4,012$3,472$2,996$2,577$2,212$1,150
15 years$3,706$3,172$2,705$2,299$1,948$957
16 years$3,438$2,910$2,452$2,058$1,721$798
17 years$3,202$2,680$2,231$1,849$1,526$667
18 years$2,993$2,476$2,037$1,666$1,357$559
19 years$2,806$2,295$1,865$1,506$1,210$468
20 years$2,637$2,133$1,711$1,364$1,080$393
21 years$2,485$1,987$1,574$1,238$967$331
22 years$2,347$1,854$1,451$1,125$867$278
23 years$2,222$1,734$1,340$1,025$778$234
24 years$2,106$1,625$1,239$935$699$197
25 years$2,001$1,525$1,147$854$629$166
26 years$1,903$1,433$1,064$781$567$140
27 years$1,813$1,349$988$714$511$118
28 years$1,730$1,271$919$655$461$100
29 years$1,652$1,199$855$600$416$84
30 years$1,580$1,132$796$551$376$71
31 years$1,512$1,070$742$506$340$60
32 years$1,449$1,013$693$465$308$51
33 years$1,390$959$647$428$278$43
34 years$1,334$909$604$393$252$36
35 years$1,282$862$565$362$228$31
36 years$1,232$818$528$334$207$26
37 years$1,186$777$495$307$187$22
38 years$1,142$739$463$283$170$18
39 years$1,100$702$434$261$154$16
40 years$1,061$668$407$241$140$13
41 years$1,023$636$381$222$127$11
42 years$988$606$358$205$115$9
43 years$954$577$336$189$104$8
44 years$922$550$315$175$95$7
45 years$891$525$296$161$86$6
46 years$862$501$278$149$78$5
47 years$834$478$261$138$71$4
48 years$808$456$245$127$64$3
49 years$782$435$231$118$59$3
50 years$758$416$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 $776,000, adding $3,457 every year, while hoping to spend $27,552 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: 66/20/14 Blend
44$776,000$776,000$776,000$776,000
45$858,718$817,590$805,562$912,358
46$916,992$828,337$803,233$959,350
47$980,287$838,687$799,903$1,007,150
48$1,049,085$848,591$795,509$1,058,709
49$1,123,918$857,999$789,985$1,114,391
50$1,205,371$866,854$783,262$1,174,601
51$1,294,086$875,097$775,269$1,239,784
52$1,390,772$882,666$765,930$1,310,431
53$1,496,208$889,493$755,165$1,387,082
54$1,611,250$895,508$742,893$1,470,335
55$1,736,844$900,634$729,026$1,560,848
56$1,874,028$904,791$713,474$1,659,346
57$2,023,945$907,892$696,141$1,766,629
58$2,187,854$909,846$676,929$1,883,580
59$2,367,143$910,556$655,734$2,011,172
60$2,563,337$909,919$632,447$2,150,478
61$2,778,118$907,825$606,954$2,302,681
62$3,013,335$904,158$579,136$2,469,086
63$3,271,028$898,795$548,870$2,651,131
64$3,553,442$891,604$516,026$2,850,403
65$3,863,047$882,447$480,468$3,068,651
66$4,202,568$871,177$442,053$3,307,805
67$4,575,003$857,638$400,635$3,569,992
68$4,983,655$841,664$356,058$3,857,556
69$5,432,163$823,080$308,161$4,173,085
70$5,924,534$801,701$256,774$4,519,430
71$6,465,183$777,331$201,723$4,899,736
72$7,058,973$749,762$142,822$5,317,469
73$7,711,261$718,773$79,880$5,776,452
74$8,427,950$684,133$12,695$6,280,900
75$9,215,540$645,595$0$6,835,459
76$10,081,194$602,898$0$7,454,068
77$11,032,804$555,768$0$8,136,158
78$12,079,062$503,913$0$8,886,092
79$13,229,548$447,026$0$9,710,771
80$14,494,814$384,782$0$10,617,804
81$15,886,486$316,838$0$11,615,573
82$17,417,374$242,829$0$12,713,320
83$19,101,593$162,375$0$13,921,229
84$20,954,693$75,068$0$15,250,526
85$22,993,808$0$0$16,713,583
86$25,237,818$0$0$18,328,331
87$27,707,524$0$0$20,123,727
88$30,425,846$0$0$22,099,919
89$33,418,041$0$0$24,275,276
90$36,711,935$0$0$26,670,035
91$40,338,191$0$0$29,306,499
92$44,330,598$0$0$32,209,239
93$48,726,384$0$0$35,405,334
94$53,566,574$0$0$38,924,619
95$58,896,371$0$0$42,799,971
96$64,765,586$0$0$47,067,618
97$71,229,108$0$0$51,767,479
98$78,347,418$0$0$56,943,544
99$86,187,163$0$0$62,644,284
100$94,821,784$0$0$68,923,114