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%14.7%
1 years$64,247$63,674$63,116$62,571$62,039$60,836
2 years$31,805$31,213$30,639$30,082$29,542$28,335
3 years$20,993$20,398$19,825$19,274$18,743$17,569
4 years$15,588$14,995$14,428$13,886$13,368$12,237
5 years$12,346$11,756$11,197$10,666$10,162$9,077
6 years$10,185$9,600$9,048$8,529$8,041$7,003
7 years$8,642$8,062$7,519$7,012$6,539$5,548
8 years$7,485$6,910$6,377$5,883$5,425$4,481
9 years$6,586$6,017$5,492$5,011$4,569$3,671
10 years$5,867$5,303$4,788$4,319$3,893$3,041
11 years$5,280$4,721$4,216$3,759$3,348$2,540
12 years$4,790$4,238$3,741$3,297$2,901$2,137
13 years$4,376$3,830$3,343$2,911$2,530$1,808
14 years$4,022$3,481$3,003$2,584$2,218$1,536
15 years$3,715$3,180$2,712$2,304$1,953$1,310
16 years$3,447$2,918$2,458$2,063$1,726$1,121
17 years$3,210$2,687$2,237$1,854$1,530$962
18 years$3,000$2,483$2,042$1,671$1,361$828
19 years$2,813$2,301$1,870$1,510$1,213$713
20 years$2,644$2,138$1,716$1,367$1,083$615
21 years$2,492$1,992$1,578$1,241$969$532
22 years$2,353$1,859$1,455$1,128$869$460
23 years$2,227$1,739$1,343$1,028$780$399
24 years$2,112$1,629$1,242$937$701$345
25 years$2,006$1,529$1,150$856$631$300
26 years$1,908$1,437$1,067$783$568$260
27 years$1,818$1,352$991$716$512$226
28 years$1,734$1,274$921$656$462$196
29 years$1,656$1,202$857$602$417$171
30 years$1,584$1,135$798$552$377$149
31 years$1,516$1,073$744$507$341$129
32 years$1,453$1,016$694$466$308$112
33 years$1,393$962$648$429$279$98
34 years$1,338$911$606$394$253$85
35 years$1,285$865$566$363$229$74
36 years$1,236$821$530$334$207$65
37 years$1,189$779$496$308$188$56
38 years$1,145$741$464$284$170$49
39 years$1,103$704$435$262$155$43
40 years$1,064$670$408$242$140$37
41 years$1,026$638$382$223$127$32
42 years$991$607$359$206$115$28
43 years$957$579$337$190$105$25
44 years$924$552$316$175$95$21
45 years$894$526$297$162$86$19
46 years$864$502$279$150$78$16
47 years$836$479$262$138$71$14
48 years$810$457$246$128$65$12
49 years$784$437$231$118$59$11
50 years$760$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 $778,000, adding $6,172 every year, while hoping to spend $32,768 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: 67/19/14 Blend
44$778,000$778,000$778,000$778,000
45$863,722$822,488$810,429$918,388
46$916,957$827,925$802,714$961,055
47$974,524$832,531$793,642$1,003,255
48$1,036,829$836,229$783,133$1,048,567
49$1,104,321$838,939$771,103$1,097,295
50$1,177,492$840,578$757,465$1,149,773
51$1,256,883$841,053$742,127$1,206,368
52$1,343,090$840,269$724,993$1,267,488
53$1,436,766$838,123$705,962$1,333,581
54$1,538,634$834,508$684,928$1,405,142
55$1,649,484$829,309$661,783$1,482,718
56$1,770,189$822,403$636,410$1,566,911
57$1,901,708$813,660$608,690$1,658,387
58$2,045,097$802,945$578,497$1,757,880
59$2,201,519$790,111$545,698$1,866,200
60$2,372,252$775,005$510,157$1,984,241
61$2,558,705$757,463$471,730$2,112,990
62$2,762,427$737,313$430,267$2,253,535
63$2,985,125$714,372$385,612$2,407,076
64$3,228,677$688,445$337,599$2,574,940
65$3,495,152$659,329$286,059$2,758,587
66$3,786,828$626,807$230,812$2,959,630
67$4,106,213$590,649$171,673$3,179,849
68$4,456,069$550,612$108,446$3,421,207
69$4,839,437$506,441$40,928$3,685,869
70$5,259,667$457,865$0$3,976,224
71$5,720,449$404,596$0$4,299,556
72$6,225,846$346,333$0$4,660,950
73$6,780,334$282,754$0$5,057,526
74$7,388,842$213,523$0$5,492,855
75$8,056,801$138,283$0$5,970,876
76$8,790,192$56,656$0$6,495,931
77$9,595,605$0$0$7,072,804
78$10,480,297$0$0$7,713,411
79$11,452,264$0$0$8,430,278
80$12,520,316$0$0$9,218,064
81$13,694,157$0$0$10,083,933
82$14,984,478$0$0$11,035,777
83$16,403,058$0$0$12,082,294
84$17,962,872$0$0$13,233,062
85$19,678,219$0$0$14,498,637
86$21,564,850$0$0$15,890,649
87$23,640,120$0$0$17,421,911
88$25,923,151$0$0$19,106,539
89$28,435,011$0$0$20,960,088
90$31,198,913$0$0$22,999,697
91$34,240,434$0$0$25,244,249
92$37,587,756$0$0$27,714,550
93$41,271,931$0$0$30,433,527
94$45,327,174$0$0$33,426,441
95$49,791,186$0$0$36,721,126
96$54,705,506$0$0$40,348,252
97$60,115,909$0$0$44,341,614
98$66,072,833$0$0$48,738,451
99$72,631,853$0$0$53,579,796
100$79,854,210$0$0$58,910,865