Can I retire at age 45 with 782,000?

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 $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%19.2%
1 years$64,577$64,002$63,440$62,893$62,358$60,050
2 years$31,969$31,373$30,796$30,237$29,694$27,395
3 years$21,101$20,503$19,927$19,373$18,839$16,621
4 years$15,668$15,072$14,502$13,957$13,436$11,316
5 years$12,409$11,816$11,254$10,720$10,214$8,197
6 years$10,237$9,649$9,095$8,573$8,082$6,170
7 years$8,686$8,103$7,558$7,049$6,573$4,766
8 years$7,524$6,946$6,410$5,913$5,453$3,749
9 years$6,620$6,048$5,521$5,036$4,592$2,988
10 years$5,898$5,331$4,813$4,341$3,913$2,406
11 years$5,307$4,746$4,237$3,778$3,365$1,953
12 years$4,815$4,259$3,761$3,314$2,916$1,595
13 years$4,399$3,849$3,360$2,926$2,543$1,309
14 years$4,043$3,499$3,019$2,597$2,229$1,078
15 years$3,734$3,196$2,726$2,316$1,963$891
16 years$3,465$2,933$2,471$2,074$1,735$739
17 years$3,227$2,701$2,249$1,863$1,538$613
18 years$3,016$2,496$2,053$1,679$1,368$510
19 years$2,827$2,313$1,879$1,517$1,219$425
20 years$2,658$2,149$1,725$1,374$1,089$354
21 years$2,505$2,002$1,586$1,247$974$296
22 years$2,366$1,869$1,462$1,134$873$247
23 years$2,239$1,748$1,350$1,033$784$207
24 years$2,123$1,638$1,248$942$705$173
25 years$2,016$1,537$1,156$860$634$145
26 years$1,918$1,444$1,072$787$571$121
27 years$1,827$1,359$996$720$515$101
28 years$1,743$1,281$926$660$465$85
29 years$1,665$1,208$861$605$420$71
30 years$1,592$1,141$802$555$379$60
31 years$1,524$1,079$748$510$343$50
32 years$1,460$1,021$698$469$310$42
33 years$1,400$967$652$431$281$35
34 years$1,344$916$609$396$254$29
35 years$1,292$869$569$365$230$25
36 years$1,242$825$533$336$208$21
37 years$1,195$783$498$310$189$17
38 years$1,151$744$467$285$171$15
39 years$1,109$708$437$263$155$12
40 years$1,069$674$410$243$141$10
41 years$1,031$641$384$224$128$9
42 years$996$611$361$207$116$7
43 years$962$582$338$191$105$6
44 years$929$555$318$176$96$5
45 years$898$529$298$163$87$4
46 years$869$504$280$150$79$4
47 years$841$481$263$139$72$3
48 years$814$460$247$128$65$3
49 years$788$439$232$119$59$2
50 years$764$419$219$110$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $782,000, adding $6,697 every year, while hoping to spend $31,008 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: 73/16/11 Blend
44$782,000$782,000$782,000$782,000
45$868,672$827,226$815,105$929,725
46$924,284$834,768$809,419$978,513
47$984,530$841,640$802,503$1,027,434
48$1,049,848$847,777$794,283$1,080,168
49$1,120,723$853,108$784,682$1,137,083
50$1,197,687$857,561$773,619$1,198,585
51$1,281,325$861,055$761,009$1,265,122
52$1,372,280$863,507$746,763$1,337,188
53$1,471,261$864,827$730,788$1,415,327
54$1,579,047$864,920$712,986$1,500,140
55$1,696,494$863,686$693,256$1,592,286
56$1,824,548$861,018$671,491$1,692,496
57$1,964,246$856,802$647,580$1,801,573
58$2,116,731$850,918$621,407$1,920,404
59$2,283,262$843,237$592,848$2,049,966
60$2,465,224$833,625$561,778$2,191,335
61$2,664,142$821,937$528,062$2,345,699
62$2,881,694$808,022$491,562$2,514,369
63$3,119,730$791,718$452,132$2,698,787
64$3,380,285$772,854$409,621$2,900,545
65$3,665,599$751,250$363,869$3,121,398
66$3,978,143$726,714$314,711$3,363,282
67$4,320,634$699,043$261,974$3,628,328
68$4,696,065$668,023$205,477$3,918,890
69$5,107,734$633,426$145,031$4,237,559
70$5,559,273$595,014$80,439$4,587,196
71$6,054,681$552,532$11,496$4,970,952
72$6,598,364$505,711$0$5,392,302
73$7,195,175$454,269$0$5,862,364
74$7,850,460$397,905$0$6,379,987
75$8,570,107$336,303$0$6,948,506
76$9,360,603$269,127$0$7,573,084
77$10,229,095$196,024$0$8,259,408
78$11,183,455$116,622$0$9,013,750
79$12,232,356$30,525$0$9,843,021
80$13,385,353$0$0$10,754,837
81$14,652,972$0$0$11,768,628
82$16,046,811$0$0$12,889,314
83$17,579,648$0$0$14,121,800
84$19,265,560$0$0$15,477,408
85$21,120,058$0$0$16,968,617
86$23,160,232$0$0$18,609,174
87$25,404,909$0$0$20,414,225
88$27,874,838$0$0$22,400,459
89$30,592,875$0$0$24,586,264
90$33,584,209$0$0$26,991,901
91$36,876,591$0$0$29,639,695
92$40,500,601$0$0$32,554,245
93$44,489,930$0$0$35,762,655
94$48,881,707$0$0$39,294,791
95$53,716,840$0$0$43,183,562
96$59,040,407$0$0$47,465,229
97$64,902,077$0$0$52,179,750
98$71,356,583$0$0$57,371,154
99$78,464,236$0$0$63,087,957
100$86,291,492$0$0$69,383,619