Can I retire at age 45 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$64,412$63,838$63,278$62,732$62,198$60,450
2 years$31,887$31,293$30,718$30,160$29,618$27,870
3 years$21,047$20,450$19,876$19,323$18,791$17,098
4 years$15,628$15,033$14,465$13,921$13,402$11,777
5 years$12,377$11,786$11,225$10,693$10,188$8,635
6 years$10,211$9,624$9,072$8,551$8,061$6,582
7 years$8,664$8,082$7,539$7,031$6,556$5,151
8 years$7,505$6,928$6,393$5,898$5,439$4,107
9 years$6,603$6,032$5,507$5,024$4,580$3,320
10 years$5,882$5,317$4,801$4,330$3,903$2,713
11 years$5,293$4,734$4,227$3,769$3,356$2,235
12 years$4,803$4,249$3,751$3,306$2,909$1,853
13 years$4,388$3,839$3,351$2,918$2,536$1,545
14 years$4,032$3,490$3,011$2,591$2,223$1,293
15 years$3,725$3,188$2,719$2,310$1,958$1,086
16 years$3,456$2,925$2,465$2,069$1,730$915
17 years$3,219$2,694$2,243$1,859$1,534$773
18 years$3,008$2,489$2,047$1,675$1,364$654
19 years$2,820$2,307$1,874$1,514$1,216$554
20 years$2,651$2,144$1,720$1,371$1,086$470
21 years$2,498$1,997$1,582$1,244$972$400
22 years$2,359$1,864$1,458$1,131$871$340
23 years$2,233$1,743$1,346$1,030$782$290
24 years$2,117$1,633$1,245$940$703$247
25 years$2,011$1,533$1,153$858$632$210
26 years$1,913$1,441$1,070$785$570$179
27 years$1,822$1,356$993$718$514$153
28 years$1,738$1,278$923$658$463$131
29 years$1,660$1,205$859$603$418$112
30 years$1,588$1,138$800$554$378$95
31 years$1,520$1,076$746$509$342$81
32 years$1,456$1,018$696$467$309$70
33 years$1,397$964$650$430$280$59
34 years$1,341$914$607$395$253$51
35 years$1,288$867$568$364$229$43
36 years$1,239$823$531$335$208$37
37 years$1,192$781$497$309$188$32
38 years$1,148$743$466$285$171$27
39 years$1,106$706$436$263$155$23
40 years$1,066$672$409$242$141$20
41 years$1,029$639$383$223$127$17
42 years$993$609$360$206$116$15
43 years$959$580$337$190$105$12
44 years$927$553$317$176$95$11
45 years$896$527$297$162$87$9
46 years$867$503$279$150$79$8
47 years$839$480$262$139$71$7
48 years$812$458$247$128$65$6
49 years$786$438$232$118$59$5
50 years$762$418$218$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $780,000, adding $5,316 every year, while hoping to spend $55,355 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: 62/25/13 Blend
44$780,000$780,000$780,000$780,000
45$865,043$823,703$811,613$915,655
46$894,381$805,168$779,905$931,719
47$924,855$783,868$745,279$942,450
48$956,524$759,612$707,580$952,814
49$989,449$732,192$666,644$962,777
50$1,023,696$701,393$622,300$972,304
51$1,059,337$666,985$574,370$981,359
52$1,096,446$628,724$522,668$989,906
53$1,135,105$586,353$467,000$997,907
54$1,175,403$539,602$407,161$1,005,324
55$1,217,434$488,182$342,941$1,012,117
56$1,261,298$431,789$274,116$1,018,248
57$1,307,108$370,104$200,455$1,023,675
58$1,354,980$302,786$121,718$1,028,358
59$1,405,043$229,478$37,651$1,032,259
60$1,457,437$149,801$0$1,035,336
61$1,512,310$63,356$0$1,044,774
62$1,569,826$0$0$1,059,354
63$1,630,162$0$0$1,082,184
64$1,693,509$0$0$1,124,469
65$1,760,074$0$0$1,168,922
66$1,830,085$0$0$1,215,697
67$1,903,788$0$0$1,264,961
68$1,981,449$0$0$1,316,895
69$2,063,362$0$0$1,371,698
70$2,149,843$0$0$1,429,586
71$2,241,240$0$0$1,490,795
72$2,337,931$0$0$1,555,583
73$2,440,330$0$0$1,624,229
74$2,548,886$0$0$1,697,042
75$2,664,095$0$0$1,774,356
76$2,786,494$0$0$1,856,539
77$2,916,673$0$0$1,943,993
78$3,055,279$0$0$2,037,157
79$3,203,017$0$0$2,136,512
80$3,360,661$0$0$2,242,586
81$3,529,060$0$0$2,355,955
82$3,709,142$0$0$2,477,255
83$3,901,926$0$0$2,607,178
84$4,108,529$0$0$2,746,486
85$4,330,177$0$0$2,896,015
86$4,568,215$0$0$3,056,682
87$4,824,117$0$0$3,229,493
88$5,099,505$0$0$3,415,553
89$5,396,157$0$0$3,616,076
90$5,716,028$0$0$3,832,394
91$6,061,263$0$0$4,065,972
92$6,434,222$0$0$4,318,420
93$6,837,496$0$0$4,591,505
94$7,273,934$0$0$4,887,172
95$7,746,667$0$0$5,207,559
96$8,259,139$0$0$5,555,014
97$8,815,137$0$0$5,932,123
98$9,418,823$0$0$6,341,727
99$10,074,778$0$0$6,786,954
100$10,788,041$0$0$7,271,243