Can I retire at age 45 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$64,577$64,002$63,440$62,893$62,358$61,074
2 years$31,969$31,373$30,796$30,237$29,694$28,406
3 years$21,101$20,503$19,927$19,373$18,839$17,588
4 years$15,668$15,072$14,502$13,957$13,436$12,231
5 years$12,409$11,816$11,254$10,720$10,214$9,058
6 years$10,237$9,649$9,095$8,573$8,082$6,977
7 years$8,686$8,103$7,558$7,049$6,573$5,519
8 years$7,524$6,946$6,410$5,913$5,453$4,449
9 years$6,620$6,048$5,521$5,036$4,592$3,638
10 years$5,898$5,331$4,813$4,341$3,913$3,008
11 years$5,307$4,746$4,237$3,778$3,365$2,508
12 years$4,815$4,259$3,761$3,314$2,916$2,106
13 years$4,399$3,849$3,360$2,926$2,543$1,778
14 years$4,043$3,499$3,019$2,597$2,229$1,508
15 years$3,734$3,196$2,726$2,316$1,963$1,284
16 years$3,465$2,933$2,471$2,074$1,735$1,096
17 years$3,227$2,701$2,249$1,863$1,538$939
18 years$3,016$2,496$2,053$1,679$1,368$805
19 years$2,827$2,313$1,879$1,517$1,219$692
20 years$2,658$2,149$1,725$1,374$1,089$596
21 years$2,505$2,002$1,586$1,247$974$514
22 years$2,366$1,869$1,462$1,134$873$444
23 years$2,239$1,748$1,350$1,033$784$383
24 years$2,123$1,638$1,248$942$705$332
25 years$2,016$1,537$1,156$860$634$287
26 years$1,918$1,444$1,072$787$571$249
27 years$1,827$1,359$996$720$515$215
28 years$1,743$1,281$926$660$465$187
29 years$1,665$1,208$861$605$420$162
30 years$1,592$1,141$802$555$379$140
31 years$1,524$1,079$748$510$343$122
32 years$1,460$1,021$698$469$310$106
33 years$1,400$967$652$431$281$92
34 years$1,344$916$609$396$254$80
35 years$1,292$869$569$365$230$69
36 years$1,242$825$533$336$208$60
37 years$1,195$783$498$310$189$52
38 years$1,151$744$467$285$171$45
39 years$1,109$708$437$263$155$40
40 years$1,069$674$410$243$141$34
41 years$1,031$641$384$224$128$30
42 years$996$611$361$207$116$26
43 years$962$582$338$191$105$23
44 years$929$555$318$176$96$20
45 years$898$529$298$163$87$17
46 years$869$504$280$150$79$15
47 years$841$481$263$139$72$13
48 years$814$460$247$128$65$11
49 years$788$439$232$119$59$10
50 years$764$419$219$110$54$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $782,000, adding $5,825 every year, while hoping to spend $23,068 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: 59/33/8 Blend
44$782,000$782,000$782,000$782,000
45$867,772$826,326$814,205$917,101
46$931,741$842,272$816,937$966,853
47$1,001,461$858,226$818,987$1,017,937
48$1,077,496$874,165$820,309$1,073,063
49$1,160,463$890,061$820,851$1,132,619
50$1,251,044$905,888$820,564$1,197,035
51$1,349,989$921,616$819,392$1,266,784
52$1,458,124$937,211$817,277$1,342,386
53$1,576,358$952,639$814,161$1,424,416
54$1,705,690$967,862$809,979$1,513,505
55$1,847,224$982,841$804,667$1,610,352
56$2,002,172$997,531$798,154$1,715,724
57$2,171,870$1,011,887$790,369$1,830,467
58$2,357,790$1,025,859$781,236$1,955,516
59$2,561,552$1,039,393$770,675$2,091,899
60$2,784,941$1,052,434$758,603$2,240,750
61$3,029,923$1,064,921$744,934$2,403,318
62$3,298,661$1,076,788$729,575$2,580,982
63$3,593,540$1,087,967$712,432$2,775,260
64$3,917,187$1,098,383$693,404$2,987,825
65$4,272,496$1,107,959$672,389$3,220,523
66$4,662,651$1,116,610$649,275$3,475,389
67$5,091,166$1,124,248$623,949$3,754,663
68$5,561,905$1,130,777$596,292$4,060,820
69$6,079,131$1,136,096$566,179$4,396,582
70$6,647,535$1,140,098$533,480$4,764,954
71$7,272,290$1,142,669$498,057$5,169,246
72$7,959,091$1,143,687$459,769$5,613,110
73$8,714,213$1,143,023$418,467$6,100,568
74$9,544,572$1,140,540$373,995$6,636,055
75$10,457,786$1,136,094$326,191$7,224,462
76$11,462,246$1,129,528$274,884$7,871,178
77$12,567,201$1,120,681$219,899$8,582,144
78$13,782,840$1,109,379$161,049$9,363,909
79$15,120,387$1,095,436$98,143$10,223,693
80$16,592,213$1,078,659$30,977$11,169,454
81$18,211,946$1,058,841$0$12,209,964
82$19,994,603$1,035,762$0$13,358,367
83$21,956,729$1,009,191$0$14,624,896
84$24,116,557$978,882$0$16,018,671
85$26,494,174$944,576$0$17,552,666
86$29,111,717$905,998$0$19,241,176
87$31,993,576$862,856$0$21,099,959
88$35,166,628$814,842$0$23,146,382
89$38,660,486$761,632$0$25,399,589
90$42,507,784$702,880$0$27,880,676
91$46,744,480$638,223$0$30,612,898
92$51,410,198$567,277$0$33,621,884
93$56,548,599$489,634$0$36,935,880
94$62,207,795$404,866$0$40,586,020
95$68,440,804$312,518$0$44,606,617
96$75,306,045$212,111$0$49,035,488
97$82,867,896$103,138$0$53,914,317
98$91,197,296$0$0$59,289,039
99$100,372,416$0$0$65,215,709
100$110,479,398$0$0$71,785,667