Can I retire at age 45 with 779,000?

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 $779,000?

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$64,329$63,756$63,197$62,651$62,119$60,641
2 years$31,846$31,253$30,678$30,121$29,580$28,101
3 years$21,020$20,424$19,851$19,299$18,767$17,331
4 years$15,608$15,014$14,446$13,904$13,385$12,004
5 years$12,361$11,771$11,211$10,679$10,175$8,853
6 years$10,198$9,612$9,060$8,540$8,051$6,789
7 years$8,653$8,072$7,529$7,021$6,548$5,346
8 years$7,495$6,919$6,385$5,890$5,432$4,290
9 years$6,595$6,025$5,500$5,017$4,574$3,491
10 years$5,875$5,310$4,795$4,325$3,898$2,872
11 years$5,286$4,727$4,221$3,764$3,352$2,383
12 years$4,796$4,243$3,746$3,301$2,905$1,990
13 years$4,382$3,835$3,347$2,915$2,533$1,671
14 years$4,027$3,485$3,007$2,587$2,221$1,410
15 years$3,720$3,184$2,715$2,307$1,955$1,193
16 years$3,451$2,921$2,462$2,066$1,728$1,013
17 years$3,215$2,690$2,240$1,856$1,532$863
18 years$3,004$2,486$2,045$1,673$1,362$736
19 years$2,816$2,304$1,872$1,512$1,214$629
20 years$2,648$2,141$1,718$1,369$1,085$538
21 years$2,495$1,994$1,580$1,243$971$461
22 years$2,356$1,862$1,456$1,130$870$396
23 years$2,230$1,741$1,345$1,029$781$340
24 years$2,115$1,631$1,244$938$702$292
25 years$2,008$1,531$1,152$857$632$251
26 years$1,911$1,439$1,068$784$569$216
27 years$1,820$1,354$992$717$513$186
28 years$1,736$1,276$922$657$463$160
29 years$1,658$1,204$858$603$418$138
30 years$1,586$1,137$799$553$378$119
31 years$1,518$1,075$745$508$341$103
32 years$1,455$1,017$695$467$309$88
33 years$1,395$963$649$429$279$76
34 years$1,339$913$607$395$253$66
35 years$1,287$866$567$364$229$57
36 years$1,237$822$531$335$208$49
37 years$1,191$780$497$309$188$42
38 years$1,146$742$465$284$171$36
39 years$1,105$705$436$262$155$31
40 years$1,065$671$408$242$140$27
41 years$1,027$639$383$223$127$23
42 years$992$608$359$206$116$20
43 years$958$580$337$190$105$17
44 years$926$552$316$176$95$15
45 years$895$527$297$162$86$13
46 years$865$503$279$150$78$11
47 years$837$480$262$138$71$10
48 years$811$458$246$128$65$8
49 years$785$437$232$118$59$7
50 years$761$418$218$109$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $779,000, adding $5,824 every year, while hoping to spend $53,184 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: 47/46/7 Blend
44$779,000$779,000$779,000$779,000
45$864,465$823,178$811,104$903,200
46$896,054$806,927$781,689$914,149
47$929,081$788,096$749,505$919,970
48$963,639$766,505$714,405$925,045
49$999,825$741,958$676,233$929,319
50$1,037,746$714,253$634,825$932,737
51$1,077,517$683,172$590,012$935,243
52$1,119,262$648,486$541,617$936,778
53$1,163,119$609,954$489,453$937,283
54$1,209,235$567,320$433,327$936,696
55$1,257,770$520,311$373,037$934,955
56$1,308,899$468,643$308,370$931,998
57$1,362,812$412,012$239,106$927,762
58$1,419,718$350,100$165,015$922,183
59$1,479,841$282,567$85,855$915,198
60$1,543,430$209,058$1,376$906,744
61$1,610,753$129,194$0$896,761
62$1,682,105$42,580$0$891,820
63$1,757,806$0$0$885,775
64$1,838,210$0$0$904,410
65$1,923,699$0$0$947,186
66$2,014,695$0$0$992,768
67$2,111,658$0$0$1,041,391
68$2,215,092$0$0$1,093,316
69$2,325,550$0$0$1,148,826
70$2,443,637$0$0$1,208,235
71$2,570,017$0$0$1,271,883
72$2,705,417$0$0$1,340,146
73$2,850,635$0$0$1,413,436
74$3,006,548$0$0$1,492,205
75$3,174,116$0$0$1,576,947
76$3,354,394$0$0$1,668,208
77$3,548,541$0$0$1,766,586
78$3,757,829$0$0$1,872,737
79$3,983,655$0$0$1,987,383
80$4,227,555$0$0$2,111,317
81$4,491,216$0$0$2,245,412
82$4,776,493$0$0$2,390,624
83$5,085,424$0$0$2,548,007
84$5,420,251$0$0$2,718,720
85$5,783,437$0$0$2,904,037
86$6,177,694$0$0$3,105,358
87$6,606,002$0$0$3,324,225
88$7,071,639$0$0$3,562,332
89$7,578,215$0$0$3,821,547
90$8,129,697$0$0$4,103,921
91$8,730,453$0$0$4,411,713
92$9,385,289$0$0$4,747,410
93$10,099,495$0$0$5,113,747
94$10,878,893$0$0$5,513,737
95$11,729,890$0$0$5,950,695
96$12,659,542$0$0$6,428,271
97$13,675,614$0$0$6,950,484
98$14,786,656$0$0$7,521,758
99$16,002,083$0$0$8,146,966
100$17,332,260$0$0$8,831,472