Can I retire at age 45 with 781,000?

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 $781,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$64,494$63,920$63,359$62,812$62,278$61,963
2 years$31,928$31,333$30,757$30,198$29,656$29,339
3 years$21,074$20,477$19,902$19,348$18,815$18,505
4 years$15,648$15,052$14,483$13,939$13,419$13,118
5 years$12,393$11,801$11,240$10,707$10,201$9,910
6 years$10,224$9,637$9,083$8,562$8,072$7,791
7 years$8,675$8,093$7,548$7,040$6,564$6,295
8 years$7,514$6,937$6,402$5,905$5,446$5,187
9 years$6,612$6,040$5,514$5,030$4,586$4,338
10 years$5,890$5,324$4,807$4,336$3,908$3,670
11 years$5,300$4,740$4,232$3,774$3,361$3,133
12 years$4,809$4,254$3,756$3,310$2,912$2,695
13 years$4,393$3,844$3,356$2,922$2,540$2,333
14 years$4,037$3,494$3,015$2,594$2,226$2,029
15 years$3,729$3,192$2,722$2,313$1,960$1,772
16 years$3,460$2,929$2,468$2,071$1,732$1,554
17 years$3,223$2,697$2,246$1,861$1,536$1,367
18 years$3,012$2,492$2,050$1,677$1,366$1,205
19 years$2,824$2,310$1,877$1,516$1,217$1,065
20 years$2,654$2,147$1,722$1,373$1,087$943
21 years$2,501$1,999$1,584$1,246$973$837
22 years$2,363$1,866$1,460$1,133$872$743
23 years$2,236$1,746$1,348$1,032$783$661
24 years$2,120$1,636$1,247$941$704$589
25 years$2,014$1,535$1,155$859$633$525
26 years$1,915$1,443$1,071$786$570$469
27 years$1,825$1,358$995$719$514$419
28 years$1,741$1,279$925$659$464$374
29 years$1,663$1,207$860$604$419$335
30 years$1,590$1,140$801$554$379$300
31 years$1,522$1,077$747$509$342$268
32 years$1,458$1,019$697$468$310$240
33 years$1,399$965$651$430$280$215
34 years$1,343$915$608$396$254$193
35 years$1,290$868$569$365$230$173
36 years$1,240$824$532$336$208$155
37 years$1,194$782$498$309$189$139
38 years$1,149$744$466$285$171$125
39 years$1,107$707$437$263$155$112
40 years$1,068$673$409$242$141$101
41 years$1,030$640$384$224$128$91
42 years$994$610$360$206$116$81
43 years$960$581$338$191$105$73
44 years$928$554$317$176$95$66
45 years$897$528$298$163$87$59
46 years$868$504$280$150$79$53
47 years$840$481$263$139$71$48
48 years$813$459$247$128$65$43
49 years$787$438$232$118$59$38
50 years$763$419$218$109$54$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $781,000, adding $2,355 every year, while hoping to spend $33,170 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: 39/47/14 Blend
44$781,000$781,000$781,000$781,000
45$863,091$821,698$809,593$893,037
46$915,834$826,669$801,421$919,519
47$972,845$830,771$791,865$944,736
48$1,034,524$833,928$780,841$971,284
49$1,101,311$836,056$768,265$999,297
50$1,173,691$837,069$754,048$1,028,929
51$1,252,195$836,873$738,096$1,060,349
52$1,337,408$835,369$720,312$1,093,744
53$1,429,973$832,452$700,592$1,129,326
54$1,530,600$828,011$678,831$1,167,328
55$1,640,065$821,928$654,916$1,208,011
56$1,759,226$814,077$628,730$1,251,664
57$1,889,025$804,325$600,151$1,298,608
58$2,030,500$792,531$569,050$1,349,202
59$2,184,793$778,547$535,295$1,403,845
60$2,353,160$762,214$498,746$1,462,977
61$2,536,984$743,364$459,255$1,527,089
62$2,737,788$721,821$416,672$1,596,727
63$2,957,248$697,395$370,836$1,672,495
64$3,197,209$669,890$321,581$1,755,065
65$3,459,704$639,093$268,733$1,845,181
66$3,746,969$604,784$212,111$1,943,669
67$4,061,468$566,727$151,525$2,051,444
68$4,405,913$524,672$86,776$2,169,521
69$4,783,292$478,357$17,660$2,299,024
70$5,196,896$427,504$0$2,441,200
71$5,650,346$371,819$0$2,605,808
72$6,147,635$310,991$0$2,789,357
73$6,693,157$244,693$0$2,990,932
74$7,291,754$172,578$0$3,212,444
75$7,948,758$94,280$0$3,456,003
76$8,670,044$9,412$0$3,723,944
77$9,462,083$0$0$4,018,847
78$10,332,001$0$0$4,386,195
79$11,287,652$0$0$4,795,204
80$12,337,686$0$0$5,244,724
81$13,491,633$0$0$5,738,847
82$14,759,990$0$0$6,282,085
83$16,154,324$0$0$6,879,405
84$17,687,378$0$0$7,536,284
85$19,373,190$0$0$8,258,753
86$21,227,230$0$0$9,053,457
87$23,266,537$0$0$9,927,719
88$25,509,889$0$0$10,889,606
89$27,977,973$0$0$11,948,007
90$30,693,582$0$0$13,112,716
91$33,681,833$0$0$14,394,525
92$36,970,396$0$0$15,805,324
93$40,589,763$0$0$17,358,215
94$44,573,530$0$0$19,067,635
95$48,958,714$0$0$20,949,491
96$53,786,106$0$0$23,021,310
97$59,100,651$0$0$25,302,406
98$64,951,872$0$0$27,814,061
99$71,394,341$0$0$30,579,725
100$78,488,189$0$0$33,625,239