Can I retire at age 45 with 783,000?

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 $783,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$64,659$64,083$63,522$62,973$62,438$59,984
2 years$32,010$31,413$30,836$30,276$29,732$27,290
3 years$21,128$20,529$19,953$19,398$18,863$16,510
4 years$15,688$15,091$14,520$13,975$13,453$11,207
5 years$12,425$11,832$11,268$10,734$10,227$8,092
6 years$10,250$9,661$9,107$8,584$8,092$6,071
7 years$8,697$8,114$7,568$7,058$6,581$4,673
8 years$7,533$6,955$6,418$5,920$5,460$3,662
9 years$6,629$6,055$5,528$5,043$4,598$2,909
10 years$5,905$5,338$4,819$4,347$3,918$2,334
11 years$5,314$4,752$4,243$3,783$3,369$1,887
12 years$4,821$4,265$3,765$3,318$2,920$1,535
13 years$4,404$3,854$3,364$2,930$2,546$1,254
14 years$4,048$3,503$3,023$2,601$2,232$1,029
15 years$3,739$3,200$2,729$2,319$1,965$847
16 years$3,469$2,936$2,474$2,077$1,737$699
17 years$3,231$2,704$2,252$1,866$1,540$578
18 years$3,020$2,499$2,055$1,682$1,369$478
19 years$2,831$2,316$1,882$1,519$1,220$397
20 years$2,661$2,152$1,727$1,376$1,090$329
21 years$2,508$2,005$1,588$1,249$976$274
22 years$2,369$1,871$1,464$1,136$874$227
23 years$2,242$1,750$1,352$1,034$785$189
24 years$2,125$1,640$1,250$943$706$158
25 years$2,019$1,539$1,158$861$635$131
26 years$1,920$1,446$1,074$788$572$109
27 years$1,829$1,361$997$721$516$91
28 years$1,745$1,283$927$661$465$76
29 years$1,667$1,210$863$606$420$63
30 years$1,594$1,143$803$556$380$53
31 years$1,526$1,080$749$511$343$44
32 years$1,462$1,022$699$469$310$37
33 years$1,402$968$653$431$281$31
34 years$1,346$917$610$397$254$26
35 years$1,293$870$570$365$230$21
36 years$1,244$826$533$337$209$18
37 years$1,197$784$499$310$189$15
38 years$1,152$745$467$286$172$12
39 years$1,110$709$438$264$156$10
40 years$1,070$674$410$243$141$9
41 years$1,033$642$385$224$128$7
42 years$997$611$361$207$116$6
43 years$963$583$339$191$105$5
44 years$930$555$318$176$96$4
45 years$899$529$299$163$87$4
46 years$870$505$280$150$79$3
47 years$842$482$263$139$72$2
48 years$815$460$248$128$65$2
49 years$789$439$233$119$59$2
50 years$764$420$219$110$54$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $783,000, adding $2,901 every year, while hoping to spend $36,180 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: 50/29/21 Blend
44$783,000$783,000$783,000$783,000
45$865,858$824,359$812,223$903,931
46$915,681$826,258$800,937$932,508
47$969,372$827,037$788,061$959,622
48$1,027,290$826,603$773,502$988,333
49$1,089,824$824,857$757,166$1,018,807
50$1,157,407$821,696$738,951$1,051,226
51$1,230,510$817,006$718,753$1,085,795
52$1,309,653$810,671$696,463$1,122,740
53$1,395,409$802,565$671,966$1,162,314
54$1,488,405$792,555$645,141$1,204,797
55$1,589,333$780,501$615,863$1,250,499
56$1,698,952$766,252$584,002$1,299,765
57$1,818,099$749,653$549,420$1,352,979
58$1,947,693$730,534$511,973$1,410,566
59$2,088,746$708,719$471,513$1,472,995
60$2,242,372$684,020$427,883$1,540,792
61$2,409,796$656,239$380,919$1,614,534
62$2,592,367$625,166$330,451$1,694,863
63$2,791,568$590,578$276,301$1,782,493
64$3,009,033$552,242$218,282$1,878,210
65$3,246,560$509,908$156,200$1,982,888
66$3,506,129$463,313$89,853$2,097,494
67$3,789,920$412,181$19,028$2,223,099
68$4,100,331$356,217$0$2,360,888
69$4,440,005$295,112$0$2,524,844
70$4,811,851$228,538$0$2,709,121
71$5,219,073$156,150$0$2,911,109
72$5,665,199$77,581$0$3,132,642
73$6,154,114$0$0$3,375,742
74$6,690,096$0$0$3,645,053
75$7,277,859$0$0$3,967,613
76$7,922,593$0$0$4,321,523
77$8,630,015$0$0$4,709,932
78$9,406,423$0$0$5,136,309
79$10,258,753$0$0$5,604,473
80$11,194,646$0$0$6,118,635
81$12,222,519$0$0$6,683,431
82$13,351,645$0$0$7,303,967
83$14,592,239$0$0$7,985,871
84$15,955,553$0$0$8,735,342
85$17,453,984$0$0$9,559,209
86$19,101,191$0$0$10,464,995
87$20,912,221$0$0$11,460,989
88$22,903,650$0$0$12,556,325
89$25,093,745$0$0$13,761,065
90$27,502,628$0$0$15,086,293
91$30,152,470$0$0$16,544,225
92$33,067,701$0$0$18,148,319
93$36,275,234$0$0$19,913,402
94$39,804,728$0$0$21,855,814
95$43,688,856$0$0$23,993,556
96$47,963,622$0$0$26,346,464
97$52,668,698$0$0$28,936,394
98$57,847,794$0$0$31,787,428
99$63,549,075$0$0$34,926,102
100$69,825,612$0$0$38,381,657