Can I retire at age 45 with 779,000?

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 $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%12.1%
1 years$64,329$63,756$63,197$62,651$62,119$61,572
2 years$31,846$31,253$30,678$30,121$29,580$29,030
3 years$21,020$20,424$19,851$19,299$18,767$18,229
4 years$15,608$15,014$14,446$13,904$13,385$12,864
5 years$12,361$11,771$11,211$10,679$10,175$9,673
6 years$10,198$9,612$9,060$8,540$8,051$7,568
7 years$8,653$8,072$7,529$7,021$6,548$6,084
8 years$7,495$6,919$6,385$5,890$5,432$4,988
9 years$6,595$6,025$5,500$5,017$4,574$4,150
10 years$5,875$5,310$4,795$4,325$3,898$3,492
11 years$5,286$4,727$4,221$3,764$3,352$2,965
12 years$4,796$4,243$3,746$3,301$2,905$2,536
13 years$4,382$3,835$3,347$2,915$2,533$2,182
14 years$4,027$3,485$3,007$2,587$2,221$1,887
15 years$3,720$3,184$2,715$2,307$1,955$1,638
16 years$3,451$2,921$2,462$2,066$1,728$1,428
17 years$3,215$2,690$2,240$1,856$1,532$1,248
18 years$3,004$2,486$2,045$1,673$1,362$1,093
19 years$2,816$2,304$1,872$1,512$1,214$960
20 years$2,648$2,141$1,718$1,369$1,085$845
21 years$2,495$1,994$1,580$1,243$971$744
22 years$2,356$1,862$1,456$1,130$870$657
23 years$2,230$1,741$1,345$1,029$781$581
24 years$2,115$1,631$1,244$938$702$514
25 years$2,008$1,531$1,152$857$632$455
26 years$1,911$1,439$1,068$784$569$403
27 years$1,820$1,354$992$717$513$357
28 years$1,736$1,276$922$657$463$317
29 years$1,658$1,204$858$603$418$282
30 years$1,586$1,137$799$553$378$250
31 years$1,518$1,075$745$508$341$222
32 years$1,455$1,017$695$467$309$198
33 years$1,395$963$649$429$279$176
34 years$1,339$913$607$395$253$157
35 years$1,287$866$567$364$229$139
36 years$1,237$822$531$335$208$124
37 years$1,191$780$497$309$188$110
38 years$1,146$742$465$284$171$98
39 years$1,105$705$436$262$155$88
40 years$1,065$671$408$242$140$78
41 years$1,027$639$383$223$127$70
42 years$992$608$359$206$116$62
43 years$958$580$337$190$105$55
44 years$926$552$316$176$95$49
45 years$895$527$297$162$86$44
46 years$865$503$279$150$78$39
47 years$837$480$262$138$71$35
48 years$811$458$246$128$65$31
49 years$785$437$232$118$59$28
50 years$761$418$218$109$53$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $779,000, adding $5,405 every year, while hoping to spend $50,450 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: 66/23/11 Blend
44$779,000$779,000$779,000$779,000
45$864,033$822,746$810,672$918,635
46$898,486$809,382$784,151$942,329
47$934,763$793,673$755,051$961,754
48$972,995$775,449$723,231$981,691
49$1,013,328$754,534$688,547$1,002,185
50$1,055,919$730,738$650,845$1,023,287
51$1,100,940$703,862$609,966$1,045,058
52$1,148,579$673,694$565,743$1,067,563
53$1,199,041$640,011$518,002$1,090,878
54$1,252,549$602,577$466,560$1,115,089
55$1,309,347$561,142$411,229$1,140,290
56$1,369,704$515,441$351,808$1,166,591
57$1,433,911$465,196$288,091$1,194,114
58$1,502,289$410,109$219,862$1,222,995
59$1,575,189$349,871$146,893$1,253,389
60$1,652,993$284,150$68,949$1,285,468
61$1,736,124$212,598$0$1,319,428
62$1,825,041$134,848$0$1,357,155
63$1,920,251$50,511$0$1,405,967
64$2,022,307$0$0$1,458,069
65$2,131,818$0$0$1,524,128
66$2,249,451$0$0$1,608,854
67$2,375,939$0$0$1,699,994
68$2,512,085$0$0$1,798,131
69$2,658,773$0$0$1,903,908
70$2,816,972$0$0$2,018,029
71$2,987,749$0$0$2,141,267
72$3,172,273$0$0$2,274,474
73$3,371,831$0$0$2,418,584
74$3,587,838$0$0$2,574,625
75$3,821,848$0$0$2,743,727
76$4,075,571$0$0$2,927,131
77$4,350,886$0$0$3,126,204
78$4,649,861$0$0$3,342,448
79$4,974,769$0$0$3,577,517
80$5,328,113$0$0$3,833,228
81$5,712,645$0$0$4,111,582
82$6,131,392$0$0$4,414,780
83$6,587,687$0$0$4,745,244
84$7,085,197$0$0$5,105,641
85$7,627,959$0$0$5,498,904
86$8,220,414$0$0$5,928,264
87$8,867,454$0$0$6,397,274
88$9,574,462$0$0$6,909,851
89$10,347,364$0$0$7,470,301
90$11,192,685$0$0$8,083,371
91$12,117,611$0$0$8,754,283
92$13,130,052$0$0$9,488,791
93$14,238,721$0$0$10,293,227
94$15,453,210$0$0$11,174,569
95$16,784,084$0$0$12,140,497
96$18,242,978$0$0$13,199,472
97$19,842,708$0$0$14,360,814
98$21,597,387$0$0$15,634,785
99$23,522,561$0$0$17,032,689
100$25,635,353$0$0$18,566,980