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%16.1%
1 years$64,247$63,674$63,116$62,571$62,039$60,490
2 years$31,805$31,213$30,639$30,082$29,542$27,992
3 years$20,993$20,398$19,825$19,274$18,743$17,239
4 years$15,588$14,995$14,428$13,886$13,368$11,922
5 years$12,346$11,756$11,197$10,666$10,162$8,778
6 years$10,185$9,600$9,048$8,529$8,041$6,721
7 years$8,642$8,062$7,519$7,012$6,539$5,283
8 years$7,485$6,910$6,377$5,883$5,425$4,232
9 years$6,586$6,017$5,492$5,011$4,569$3,438
10 years$5,867$5,303$4,788$4,319$3,893$2,823
11 years$5,280$4,721$4,216$3,759$3,348$2,338
12 years$4,790$4,238$3,741$3,297$2,901$1,949
13 years$4,376$3,830$3,343$2,911$2,530$1,633
14 years$4,022$3,481$3,003$2,584$2,218$1,375
15 years$3,715$3,180$2,712$2,304$1,953$1,161
16 years$3,447$2,918$2,458$2,063$1,726$984
17 years$3,210$2,687$2,237$1,854$1,530$836
18 years$3,000$2,483$2,042$1,671$1,361$711
19 years$2,813$2,301$1,870$1,510$1,213$607
20 years$2,644$2,138$1,716$1,367$1,083$518
21 years$2,492$1,992$1,578$1,241$969$443
22 years$2,353$1,859$1,455$1,128$869$379
23 years$2,227$1,739$1,343$1,028$780$325
24 years$2,112$1,629$1,242$937$701$278
25 years$2,006$1,529$1,150$856$631$239
26 years$1,908$1,437$1,067$783$568$205
27 years$1,818$1,352$991$716$512$176
28 years$1,734$1,274$921$656$462$151
29 years$1,656$1,202$857$602$417$130
30 years$1,584$1,135$798$552$377$112
31 years$1,516$1,073$744$507$341$96
32 years$1,453$1,016$694$466$308$83
33 years$1,393$962$648$429$279$71
34 years$1,338$911$606$394$253$61
35 years$1,285$865$566$363$229$53
36 years$1,236$821$530$334$207$45
37 years$1,189$779$496$308$188$39
38 years$1,145$741$464$284$170$34
39 years$1,103$704$435$262$155$29
40 years$1,064$670$408$242$140$25
41 years$1,026$638$382$223$127$21
42 years$991$607$359$206$115$18
43 years$957$579$337$190$105$16
44 years$924$552$316$175$95$14
45 years$894$526$297$162$86$12
46 years$864$502$279$150$78$10
47 years$836$479$262$138$71$9
48 years$810$457$246$128$65$8
49 years$784$437$231$118$59$6
50 years$760$417$217$109$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $778,000, adding $5,855 every year, while hoping to spend $50,153 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: 79/13/8 Blend
44$778,000$778,000$778,000$778,000
45$863,395$822,161$810,102$930,211
46$898,099$809,085$783,878$961,796
47$934,662$793,687$755,095$989,298
48$973,221$775,800$723,614$1,017,980
49$1,013,923$755,249$689,289$1,047,934
50$1,056,933$731,846$651,970$1,079,266
51$1,102,427$705,393$611,497$1,112,089
52$1,150,598$675,680$567,706$1,146,529
53$1,201,658$642,488$520,423$1,182,727
54$1,255,838$605,580$469,468$1,220,836
55$1,313,389$564,710$414,651$1,261,026
56$1,374,589$519,615$355,776$1,303,487
57$1,439,739$470,018$292,637$1,348,427
58$1,509,171$415,627$225,018$1,396,077
59$1,583,245$356,131$152,695$1,446,690
60$1,662,359$291,205$75,433$1,500,548
61$1,746,948$220,502$0$1,557,964
62$1,837,489$143,659$0$1,619,881
63$1,934,503$60,289$0$1,692,990
64$2,038,566$0$0$1,771,289
65$2,150,305$0$0$1,859,563
66$2,270,411$0$0$1,963,733
67$2,399,642$0$0$2,075,835
68$2,538,832$0$0$2,196,593
69$2,688,893$0$0$2,326,802
70$2,850,829$0$0$2,467,337
71$3,025,745$0$0$2,619,157
72$3,214,853$0$0$2,783,318
73$3,419,484$0$0$2,960,979
74$3,641,105$0$0$3,153,415
75$3,881,325$0$0$3,362,027
76$4,141,915$0$0$3,588,357
77$4,424,824$0$0$3,834,101
78$4,732,193$0$0$4,101,121
79$5,066,379$0$0$4,391,470
80$5,429,974$0$0$4,707,403
81$5,825,831$0$0$5,051,403
82$6,257,088$0$0$5,426,203
83$6,727,200$0$0$5,834,809
84$7,239,967$0$0$6,280,529
85$7,799,575$0$0$6,767,005
86$8,410,628$0$0$7,298,246
87$9,078,197$0$0$7,878,666
88$9,807,862$0$0$8,513,122
89$10,605,770$0$0$9,206,965
90$11,478,686$0$0$9,966,082
91$12,434,060$0$0$10,796,960
92$13,480,095$0$0$11,706,739
93$14,625,826$0$0$12,703,283
94$15,881,199$0$0$13,795,252
95$17,257,173$0$0$14,992,183
96$18,765,812$0$0$16,304,580
97$20,420,408$0$0$17,744,012
98$22,235,597$0$0$19,323,222
99$24,227,504$0$0$21,056,244
100$26,413,887$0$0$22,958,540