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%17.5%
1 years$64,164$63,592$63,035$62,491$61,959$60,072
2 years$31,764$31,173$30,599$30,044$29,504$27,619
3 years$20,966$20,372$19,800$19,249$18,719$16,895
4 years$15,568$14,975$14,409$13,868$13,350$11,602
5 years$12,330$11,741$11,182$10,652$10,149$8,480
6 years$10,172$9,587$9,037$8,518$8,030$6,443
7 years$8,631$8,051$7,510$7,003$6,531$5,025
8 years$7,476$6,902$6,369$5,875$5,418$3,992
9 years$6,578$6,009$5,485$5,004$4,563$3,216
10 years$5,860$5,297$4,782$4,314$3,888$2,618
11 years$5,273$4,715$4,210$3,754$3,344$2,148
12 years$4,784$4,232$3,737$3,293$2,897$1,774
13 years$4,371$3,825$3,338$2,907$2,527$1,473
14 years$4,017$3,477$3,000$2,581$2,215$1,228
15 years$3,710$3,176$2,708$2,301$1,950$1,027
16 years$3,442$2,914$2,455$2,061$1,723$862
17 years$3,206$2,684$2,234$1,852$1,528$724
18 years$2,997$2,480$2,040$1,669$1,359$610
19 years$2,809$2,298$1,867$1,508$1,211$515
20 years$2,641$2,136$1,714$1,366$1,082$435
21 years$2,489$1,989$1,576$1,239$968$368
22 years$2,350$1,857$1,453$1,127$868$312
23 years$2,224$1,737$1,341$1,026$779$264
24 years$2,109$1,627$1,240$936$700$224
25 years$2,003$1,527$1,149$855$630$190
26 years$1,906$1,435$1,066$782$567$161
27 years$1,815$1,351$989$715$512$137
28 years$1,732$1,273$920$655$462$116
29 years$1,654$1,201$856$601$417$99
30 years$1,582$1,134$797$552$377$84
31 years$1,514$1,072$743$507$341$71
32 years$1,451$1,014$694$466$308$61
33 years$1,391$960$648$428$279$52
34 years$1,336$910$605$394$252$44
35 years$1,283$863$566$363$229$37
36 years$1,234$820$529$334$207$32
37 years$1,187$778$495$308$188$27
38 years$1,143$740$464$284$170$23
39 years$1,102$703$435$262$154$20
40 years$1,062$669$407$241$140$17
41 years$1,025$637$382$223$127$14
42 years$989$607$358$205$115$12
43 years$955$578$336$190$105$10
44 years$923$551$316$175$95$9
45 years$892$525$296$162$86$7
46 years$863$501$278$149$78$6
47 years$835$478$261$138$71$5
48 years$809$457$246$127$65$5
49 years$783$436$231$118$59$4
50 years$759$417$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 $777,000, adding $5,812 every year, while hoping to spend $45,162 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: 47/42/11 Blend
44$777,000$777,000$777,000$777,000
45$862,249$821,068$809,025$899,881
46$902,146$813,248$788,075$918,621
47$944,600$803,532$764,910$933,804
48$989,822$791,778$739,407$949,261
49$1,038,046$777,838$711,440$965,033
50$1,089,528$761,553$680,874$981,168
51$1,144,548$742,757$647,571$997,722
52$1,203,412$721,272$611,385$1,014,758
53$1,266,457$696,911$572,164$1,032,351
54$1,334,052$669,476$529,748$1,050,588
55$1,406,602$638,757$483,971$1,069,566
56$1,484,551$604,532$434,659$1,089,398
57$1,568,386$566,565$381,632$1,110,213
58$1,658,644$524,609$324,699$1,132,158
59$1,755,912$478,402$263,662$1,155,398
60$1,860,836$427,664$198,316$1,180,123
61$1,974,126$372,104$128,444$1,206,547
62$2,096,561$311,411$53,821$1,234,912
63$2,228,998$245,259$0$1,265,490
64$2,372,379$173,300$0$1,301,619
65$2,527,740$95,170$0$1,347,554
66$2,696,219$10,483$0$1,397,392
67$2,879,069$0$0$1,451,601
68$3,077,666$0$0$1,548,218
69$3,293,525$0$0$1,658,576
70$3,528,312$0$0$1,778,693
71$3,783,862$0$0$1,909,517
72$4,062,192$0$0$2,052,090
73$4,365,520$0$0$2,207,562
74$4,696,292$0$0$2,377,196
75$5,057,195$0$0$2,562,383
76$5,451,189$0$0$2,764,655
77$5,881,533$0$0$2,985,697
78$6,351,812$0$0$3,227,365
79$6,865,977$0$0$3,491,703
80$7,428,375$0$0$3,780,961
81$8,043,792$0$0$4,097,616
82$8,717,500$0$0$4,444,395
83$9,455,303$0$0$4,824,305
84$10,263,594$0$0$5,240,652
85$11,149,412$0$0$5,697,082
86$12,120,509$0$0$6,197,606
87$13,185,425$0$0$6,746,646
88$14,353,564$0$0$7,349,069
89$15,635,285$0$0$8,010,239
90$17,041,998$0$0$8,736,063
91$18,586,270$0$0$9,533,048
92$20,281,947$0$0$10,408,360
93$22,144,279$0$0$11,369,898
94$24,190,066$0$0$12,426,358
95$26,437,817$0$0$13,587,325
96$28,907,919$0$0$14,863,355
97$31,622,836$0$0$16,266,078
98$34,607,313$0$0$17,808,310
99$37,888,613$0$0$19,504,166
100$41,496,773$0$0$21,369,201