Can I retire at age 45 with 778,000?

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 $778,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$64,247$63,674$63,116$62,571$62,039$60,638
2 years$31,805$31,213$30,639$30,082$29,542$28,138
3 years$20,993$20,398$19,825$19,274$18,743$17,380
4 years$15,588$14,995$14,428$13,886$13,368$12,056
5 years$12,346$11,756$11,197$10,666$10,162$8,905
6 years$10,185$9,600$9,048$8,529$8,041$6,840
7 years$8,642$8,062$7,519$7,012$6,539$5,395
8 years$7,485$6,910$6,377$5,883$5,425$4,337
9 years$6,586$6,017$5,492$5,011$4,569$3,536
10 years$5,867$5,303$4,788$4,319$3,893$2,914
11 years$5,280$4,721$4,216$3,759$3,348$2,423
12 years$4,790$4,238$3,741$3,297$2,901$2,027
13 years$4,376$3,830$3,343$2,911$2,530$1,706
14 years$4,022$3,481$3,003$2,584$2,218$1,442
15 years$3,715$3,180$2,712$2,304$1,953$1,223
16 years$3,447$2,918$2,458$2,063$1,726$1,041
17 years$3,210$2,687$2,237$1,854$1,530$888
18 years$3,000$2,483$2,042$1,671$1,361$759
19 years$2,813$2,301$1,870$1,510$1,213$650
20 years$2,644$2,138$1,716$1,367$1,083$558
21 years$2,492$1,992$1,578$1,241$969$479
22 years$2,353$1,859$1,455$1,128$869$412
23 years$2,227$1,739$1,343$1,028$780$355
24 years$2,112$1,629$1,242$937$701$305
25 years$2,006$1,529$1,150$856$631$263
26 years$1,908$1,437$1,067$783$568$227
27 years$1,818$1,352$991$716$512$196
28 years$1,734$1,274$921$656$462$169
29 years$1,656$1,202$857$602$417$146
30 years$1,584$1,135$798$552$377$126
31 years$1,516$1,073$744$507$341$109
32 years$1,453$1,016$694$466$308$94
33 years$1,393$962$648$429$279$82
34 years$1,338$911$606$394$253$71
35 years$1,285$865$566$363$229$61
36 years$1,236$821$530$334$207$53
37 years$1,189$779$496$308$188$46
38 years$1,145$741$464$284$170$40
39 years$1,103$704$435$262$155$34
40 years$1,064$670$408$242$140$30
41 years$1,026$638$382$223$127$26
42 years$991$607$359$206$115$22
43 years$957$579$337$190$105$19
44 years$924$552$316$175$95$17
45 years$894$526$297$162$86$14
46 years$864$502$279$150$78$12
47 years$836$479$262$138$71$11
48 years$810$457$246$128$65$9
49 years$784$437$231$118$59$8
50 years$760$417$217$109$53$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $778,000, adding $5,076 every year, while hoping to spend $50,081 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: 42/45/13 Blend
44$778,000$778,000$778,000$778,000
45$862,592$821,358$809,299$895,335
46$897,290$808,319$783,125$905,775
47$933,850$792,962$754,395$911,703
48$972,407$775,121$722,972$917,026
49$1,013,111$754,621$688,710$921,708
50$1,056,124$731,273$651,458$925,718
51$1,101,625$704,882$611,057$929,023
52$1,149,807$675,237$567,344$931,592
53$1,200,881$642,118$520,144$933,396
54$1,255,080$605,290$469,278$934,407
55$1,312,655$564,507$414,556$934,600
56$1,373,885$519,507$355,782$933,955
57$1,439,071$470,012$292,751$932,451
58$1,508,545$415,732$225,247$930,077
59$1,582,670$356,356$153,046$926,825
60$1,661,844$291,559$75,914$922,694
61$1,746,502$220,996$0$917,689
62$1,837,123$144,302$0$912,713
63$1,934,230$61,094$0$918,200
64$2,038,399$0$0$923,683
65$2,150,259$0$0$943,628
66$2,270,503$0$0$997,657
67$2,399,891$0$0$1,055,866
68$2,539,257$0$0$1,118,641
69$2,689,518$0$0$1,186,404
70$2,851,680$0$0$1,259,619
71$3,026,848$0$0$1,338,796
72$3,216,240$0$0$1,424,496
73$3,421,190$0$0$1,517,336
74$3,643,167$0$0$1,617,993
75$3,883,786$0$0$1,727,212
76$4,144,822$0$0$1,845,813
77$4,428,227$0$0$1,974,699
78$4,736,150$0$0$2,114,860
79$5,070,953$0$0$2,267,387
80$5,435,235$0$0$2,433,482
81$5,831,855$0$0$2,614,466
82$6,263,960$0$0$2,811,792
83$6,735,014$0$0$3,027,061
84$7,248,828$0$0$3,262,034
85$7,809,596$0$0$3,518,650
86$8,421,936$0$0$3,799,043
87$9,090,931$0$0$4,105,564
88$9,822,178$0$0$4,440,798
89$10,621,837$0$0$4,807,595
90$11,496,691$0$0$5,209,092
91$12,454,211$0$0$5,648,741
92$13,502,621$0$0$6,130,346
93$14,650,978$0$0$6,658,097
94$15,909,256$0$0$7,236,605
95$17,288,442$0$0$7,870,952
96$18,800,632$0$0$8,566,733
97$20,459,152$0$0$9,330,112
98$22,278,677$0$0$10,167,876
99$24,275,374$0$0$11,087,504
100$26,467,049$0$0$12,097,234