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%12.3%
1 years$64,412$63,838$63,278$62,732$62,198$61,600
2 years$31,887$31,293$30,718$30,160$29,618$29,016
3 years$21,047$20,450$19,876$19,323$18,791$18,203
4 years$15,628$15,033$14,465$13,921$13,402$12,832
5 years$12,377$11,786$11,225$10,693$10,188$9,639
6 years$10,211$9,624$9,072$8,551$8,061$7,533
7 years$8,664$8,082$7,539$7,031$6,556$6,050
8 years$7,505$6,928$6,393$5,898$5,439$4,954
9 years$6,603$6,032$5,507$5,024$4,580$4,116
10 years$5,882$5,317$4,801$4,330$3,903$3,460
11 years$5,293$4,734$4,227$3,769$3,356$2,934
12 years$4,803$4,249$3,751$3,306$2,909$2,506
13 years$4,388$3,839$3,351$2,918$2,536$2,154
14 years$4,032$3,490$3,011$2,591$2,223$1,860
15 years$3,725$3,188$2,719$2,310$1,958$1,613
16 years$3,456$2,925$2,465$2,069$1,730$1,404
17 years$3,219$2,694$2,243$1,859$1,534$1,225
18 years$3,008$2,489$2,047$1,675$1,364$1,072
19 years$2,820$2,307$1,874$1,514$1,216$940
20 years$2,651$2,144$1,720$1,371$1,086$826
21 years$2,498$1,997$1,582$1,244$972$727
22 years$2,359$1,864$1,458$1,131$871$640
23 years$2,233$1,743$1,346$1,030$782$565
24 years$2,117$1,633$1,245$940$703$499
25 years$2,011$1,533$1,153$858$632$441
26 years$1,913$1,441$1,070$785$570$390
27 years$1,822$1,356$993$718$514$346
28 years$1,738$1,278$923$658$463$306
29 years$1,660$1,205$859$603$418$271
30 years$1,588$1,138$800$554$378$241
31 years$1,520$1,076$746$509$342$214
32 years$1,456$1,018$696$467$309$190
33 years$1,397$964$650$430$280$168
34 years$1,341$914$607$395$253$150
35 years$1,288$867$568$364$229$133
36 years$1,239$823$531$335$208$118
37 years$1,192$781$497$309$188$105
38 years$1,148$743$466$285$171$93
39 years$1,106$706$436$263$155$83
40 years$1,066$672$409$242$141$74
41 years$1,029$639$383$223$127$66
42 years$993$609$360$206$116$58
43 years$959$580$337$190$105$52
44 years$927$553$317$176$95$46
45 years$896$527$297$162$87$41
46 years$867$503$279$150$79$37
47 years$839$480$262$139$71$33
48 years$812$458$247$128$65$29
49 years$786$438$232$118$59$26
50 years$762$418$218$109$53$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $780,000, adding $3,876 every year, while hoping to spend $42,228 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: 46/28/26 Blend
44$780,000$780,000$780,000$780,000
45$863,558$822,218$810,128$896,669
46$906,711$817,577$792,337$915,793
47$952,850$811,292$772,535$932,113
48$1,002,235$803,240$750,609$948,992
49$1,055,152$793,287$726,443$966,504
50$1,111,912$781,294$699,915$984,734
51$1,172,861$767,110$670,895$1,003,777
52$1,238,373$750,579$639,250$1,023,742
53$1,308,862$731,533$604,841$1,044,753
54$1,384,784$709,796$567,520$1,066,947
55$1,466,635$685,179$527,135$1,090,483
56$1,554,964$657,485$483,527$1,115,536
57$1,650,373$626,504$436,527$1,142,306
58$1,753,522$592,015$385,963$1,171,015
59$1,865,140$553,782$331,651$1,201,915
60$1,986,024$511,557$273,401$1,235,286
61$2,117,054$465,079$211,015$1,271,444
62$2,259,195$414,069$144,286$1,310,741
63$2,413,510$358,236$72,997$1,353,572
64$2,581,167$297,268$0$1,400,377
65$2,763,452$230,840$0$1,452,504
66$2,961,779$158,606$0$1,531,315
67$3,177,703$80,200$0$1,617,217
68$3,412,937$0$0$1,710,966
69$3,669,364$0$0$1,814,863
70$3,949,059$0$0$1,955,221
71$4,254,303$0$0$2,108,487
72$4,587,610$0$0$2,275,931
73$4,951,743$0$0$2,458,955
74$5,349,749$0$0$2,659,099
75$5,784,978$0$0$2,878,063
76$6,261,121$0$0$3,117,714
77$6,782,243$0$0$3,380,111
78$7,352,817$0$0$3,667,522
79$7,977,772$0$0$3,982,441
80$8,662,534$0$0$4,327,618
81$9,413,078$0$0$4,706,081
82$10,235,988$0$0$5,121,164
83$11,138,511$0$0$5,576,540
84$12,128,634$0$0$6,076,255
85$13,215,150$0$0$6,624,763
86$14,407,746$0$0$7,226,975
87$15,717,094$0$0$7,888,297
88$17,154,947$0$0$8,614,685
89$18,734,255$0$0$9,412,700
90$20,469,282$0$0$10,289,572
91$22,375,741$0$0$11,253,263
92$24,470,946$0$0$12,312,546
93$26,773,966$0$0$13,477,087
94$29,305,815$0$0$14,757,534
95$32,089,641$0$0$16,165,618
96$35,150,948$0$0$17,714,266
97$38,517,835$0$0$19,417,718
98$42,221,262$0$0$21,291,666
99$46,295,339$0$0$23,353,396
100$50,777,647$0$0$25,621,957