Can I retire at age 45 with 777,000?

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 $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$64,164$63,592$63,035$62,491$61,959$60,758
2 years$31,764$31,173$30,599$30,044$29,504$28,299
3 years$20,966$20,372$19,800$19,249$18,719$17,547
4 years$15,568$14,975$14,409$13,868$13,350$12,221
5 years$12,330$11,741$11,182$10,652$10,149$9,065
6 years$10,172$9,587$9,037$8,518$8,030$6,994
7 years$8,631$8,051$7,510$7,003$6,531$5,541
8 years$7,476$6,902$6,369$5,875$5,418$4,475
9 years$6,578$6,009$5,485$5,004$4,563$3,666
10 years$5,860$5,297$4,782$4,314$3,888$3,037
11 years$5,273$4,715$4,210$3,754$3,344$2,537
12 years$4,784$4,232$3,737$3,293$2,897$2,134
13 years$4,371$3,825$3,338$2,907$2,527$1,805
14 years$4,017$3,477$3,000$2,581$2,215$1,534
15 years$3,710$3,176$2,708$2,301$1,950$1,309
16 years$3,442$2,914$2,455$2,061$1,723$1,120
17 years$3,206$2,684$2,234$1,852$1,528$961
18 years$2,997$2,480$2,040$1,669$1,359$826
19 years$2,809$2,298$1,867$1,508$1,211$712
20 years$2,641$2,136$1,714$1,366$1,082$615
21 years$2,489$1,989$1,576$1,239$968$531
22 years$2,350$1,857$1,453$1,127$868$460
23 years$2,224$1,737$1,341$1,026$779$398
24 years$2,109$1,627$1,240$936$700$345
25 years$2,003$1,527$1,149$855$630$299
26 years$1,906$1,435$1,066$782$567$260
27 years$1,815$1,351$989$715$512$226
28 years$1,732$1,273$920$655$462$196
29 years$1,654$1,201$856$601$417$171
30 years$1,582$1,134$797$552$377$148
31 years$1,514$1,072$743$507$341$129
32 years$1,451$1,014$694$466$308$112
33 years$1,391$960$648$428$279$98
34 years$1,336$910$605$394$252$85
35 years$1,283$863$566$363$229$74
36 years$1,234$820$529$334$207$65
37 years$1,187$778$495$308$188$56
38 years$1,143$740$464$284$170$49
39 years$1,102$703$435$262$154$43
40 years$1,062$669$407$241$140$37
41 years$1,025$637$382$223$127$32
42 years$989$607$358$205$115$28
43 years$955$578$336$190$105$25
44 years$923$551$316$175$95$21
45 years$892$525$296$162$86$19
46 years$863$501$278$149$78$16
47 years$835$478$261$138$71$14
48 years$809$457$246$127$65$12
49 years$783$436$231$118$59$11
50 years$759$417$217$109$53$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $777,000, adding $3,465 every year, while hoping to spend $51,742 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: 72/15/13 Blend
44$777,000$777,000$777,000$777,000
45$859,828$818,647$806,604$919,103
46$892,478$803,708$778,572$943,883
47$926,723$786,302$747,867$964,339
48$962,673$766,255$714,344$985,356
49$1,000,444$743,380$677,853$1,006,981
50$1,040,165$717,481$638,237$1,029,261
51$1,081,974$688,350$595,330$1,052,253
52$1,126,023$655,767$548,961$1,076,018
53$1,172,475$619,498$498,950$1,100,627
54$1,221,512$579,297$445,108$1,126,159
55$1,273,327$534,904$387,241$1,152,700
56$1,328,135$486,043$325,142$1,180,351
57$1,386,169$432,423$258,598$1,209,221
58$1,447,683$373,736$187,386$1,239,434
59$1,512,955$309,658$111,272$1,271,129
60$1,582,290$239,844$30,013$1,304,460
61$1,656,019$163,933$0$1,339,600
62$1,734,508$81,540$0$1,384,609
63$1,818,154$0$0$1,436,789
64$1,907,394$0$0$1,493,530
65$2,002,706$0$0$1,568,528
66$2,104,614$0$0$1,648,740
67$2,213,691$0$0$1,734,620
68$2,330,569$0$0$1,826,668
69$2,455,936$0$0$1,925,431
70$2,590,553$0$0$2,031,510
71$2,735,249$0$0$2,145,564
72$2,890,939$0$0$2,268,317
73$3,058,626$0$0$2,400,564
74$3,239,410$0$0$2,543,177
75$3,434,501$0$0$2,697,117
76$3,645,229$0$0$2,863,436
77$3,873,053$0$0$3,043,293
78$4,119,581$0$0$3,237,961
79$4,386,575$0$0$3,448,839
80$4,675,977$0$0$3,677,465
81$4,989,921$0$0$3,925,532
82$5,330,751$0$0$4,194,900
83$5,701,050$0$0$4,487,616
84$6,103,656$0$0$4,805,931
85$6,541,693$0$0$5,152,323
86$7,018,597$0$0$5,529,517
87$7,538,148$0$0$5,940,511
88$8,104,510$0$0$6,388,607
89$8,722,260$0$0$6,877,437
90$9,396,440$0$0$7,411,000
91$10,132,598$0$0$7,993,695
92$10,936,843$0$0$8,630,369
93$11,815,899$0$0$9,326,355
94$12,777,168$0$0$10,087,526
95$13,828,803$0$0$10,920,347
96$14,979,777$0$0$11,831,939
97$16,239,975$0$0$12,830,142
98$17,620,279$0$0$13,923,588
99$19,132,675$0$0$15,121,786
100$20,790,362$0$0$16,435,208