Can I retire at age 45 with 778,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.8%
1 years$64,247$63,674$63,116$62,571$62,039$60,564
2 years$31,805$31,213$30,639$30,082$29,542$28,065
3 years$20,993$20,398$19,825$19,274$18,743$17,309
4 years$15,588$14,995$14,428$13,886$13,368$11,989
5 years$12,346$11,756$11,197$10,666$10,162$8,841
6 years$10,185$9,600$9,048$8,529$8,041$6,780
7 years$8,642$8,062$7,519$7,012$6,539$5,339
8 years$7,485$6,910$6,377$5,883$5,425$4,284
9 years$6,586$6,017$5,492$5,011$4,569$3,487
10 years$5,867$5,303$4,788$4,319$3,893$2,868
11 years$5,280$4,721$4,216$3,759$3,348$2,380
12 years$4,790$4,238$3,741$3,297$2,901$1,988
13 years$4,376$3,830$3,343$2,911$2,530$1,669
14 years$4,022$3,481$3,003$2,584$2,218$1,408
15 years$3,715$3,180$2,712$2,304$1,953$1,192
16 years$3,447$2,918$2,458$2,063$1,726$1,012
17 years$3,210$2,687$2,237$1,854$1,530$862
18 years$3,000$2,483$2,042$1,671$1,361$735
19 years$2,813$2,301$1,870$1,510$1,213$628
20 years$2,644$2,138$1,716$1,367$1,083$538
21 years$2,492$1,992$1,578$1,241$969$461
22 years$2,353$1,859$1,455$1,128$869$395
23 years$2,227$1,739$1,343$1,028$780$339
24 years$2,112$1,629$1,242$937$701$292
25 years$2,006$1,529$1,150$856$631$251
26 years$1,908$1,437$1,067$783$568$216
27 years$1,818$1,352$991$716$512$186
28 years$1,734$1,274$921$656$462$160
29 years$1,656$1,202$857$602$417$138
30 years$1,584$1,135$798$552$377$119
31 years$1,516$1,073$744$507$341$102
32 years$1,453$1,016$694$466$308$88
33 years$1,393$962$648$429$279$76
34 years$1,338$911$606$394$253$66
35 years$1,285$865$566$363$229$57
36 years$1,236$821$530$334$207$49
37 years$1,189$779$496$308$188$42
38 years$1,145$741$464$284$170$36
39 years$1,103$704$435$262$155$31
40 years$1,064$670$408$242$140$27
41 years$1,026$638$382$223$127$23
42 years$991$607$359$206$115$20
43 years$957$579$337$190$105$17
44 years$924$552$316$175$95$15
45 years$894$526$297$162$86$13
46 years$864$502$279$150$78$11
47 years$836$479$262$138$71$10
48 years$810$457$246$128$65$8
49 years$784$437$231$118$59$7
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 $2,251 every year, while hoping to spend $42,673 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: 54/41/5 Blend
44$778,000$778,000$778,000$778,000
45$859,678$818,444$806,385$905,073
46$901,961$813,144$787,995$930,673
47$947,127$806,154$767,559$953,598
48$995,425$797,346$744,963$977,497
49$1,047,128$786,585$720,088$1,002,467
50$1,102,534$773,727$692,811$1,028,619
51$1,161,973$758,620$663,000$1,056,076
52$1,225,804$741,103$630,521$1,084,977
53$1,294,423$721,004$595,230$1,115,476
54$1,368,265$698,144$556,981$1,147,745
55$1,447,805$672,330$515,617$1,181,979
56$1,533,568$643,361$470,977$1,218,394
57$1,626,129$611,022$422,891$1,257,232
58$1,726,118$575,087$371,183$1,298,761
59$1,834,232$535,316$315,667$1,343,283
60$1,951,233$491,456$256,151$1,391,133
61$2,077,960$443,238$192,434$1,442,685
62$2,215,336$390,381$124,304$1,498,355
63$2,364,375$332,584$51,543$1,558,608
64$2,526,193$269,533$0$1,623,960
65$2,702,017$200,892$0$1,696,378
66$2,893,197$126,310$0$1,778,133
67$3,101,217$45,413$0$1,867,196
68$3,327,713$0$0$1,964,371
69$3,574,481$0$0$2,089,583
70$3,843,501$0$0$2,248,490
71$4,136,951$0$0$2,421,897
72$4,457,227$0$0$2,611,229
73$4,806,967$0$0$2,818,056
74$5,189,077$0$0$3,044,104
75$5,606,754$0$0$3,291,275
76$6,063,518$0$0$3,561,662
77$6,563,246$0$0$3,857,572
78$7,110,206$0$0$4,181,542
79$7,709,096$0$0$4,536,367
80$8,365,094$0$0$4,925,127
81$9,083,897$0$0$5,351,210
82$9,871,784$0$0$5,818,351
83$10,735,668$0$0$6,330,662
84$11,683,162$0$0$6,892,672
85$12,722,652$0$0$7,509,370
86$13,863,377$0$0$8,186,251
87$15,115,510$0$0$8,929,369
88$16,490,260$0$0$9,745,390
89$17,999,973$0$0$10,641,659
90$19,658,250$0$0$11,626,269
91$21,480,073$0$0$12,708,132
92$23,481,947$0$0$13,897,069
93$25,682,056$0$0$15,203,898
94$28,100,431$0$0$16,640,537
95$30,759,144$0$0$18,220,118
96$33,682,508$0$0$19,957,106
97$36,897,312$0$0$21,867,441
98$40,433,070$0$0$23,968,684
99$44,322,301$0$0$26,280,182
100$48,600,833$0$0$28,823,254