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%13.2%
1 years$64,659$64,083$63,522$62,973$62,438$61,606
2 years$32,010$31,413$30,836$30,276$29,732$28,896
3 years$21,128$20,529$19,953$19,398$18,863$18,048
4 years$15,688$15,091$14,520$13,975$13,453$12,666
5 years$12,425$11,832$11,268$10,734$10,227$9,469
6 years$10,250$9,661$9,107$8,584$8,092$7,365
7 years$8,697$8,114$7,568$7,058$6,581$5,885
8 years$7,533$6,955$6,418$5,920$5,460$4,794
9 years$6,629$6,055$5,528$5,043$4,598$3,963
10 years$5,905$5,338$4,819$4,347$3,918$3,312
11 years$5,314$4,752$4,243$3,783$3,369$2,793
12 years$4,821$4,265$3,765$3,318$2,920$2,373
13 years$4,404$3,854$3,364$2,930$2,546$2,027
14 years$4,048$3,503$3,023$2,601$2,232$1,740
15 years$3,739$3,200$2,729$2,319$1,965$1,500
16 years$3,469$2,936$2,474$2,077$1,737$1,297
17 years$3,231$2,704$2,252$1,866$1,540$1,125
18 years$3,020$2,499$2,055$1,682$1,369$978
19 years$2,831$2,316$1,882$1,519$1,220$852
20 years$2,661$2,152$1,727$1,376$1,090$743
21 years$2,508$2,005$1,588$1,249$976$650
22 years$2,369$1,871$1,464$1,136$874$569
23 years$2,242$1,750$1,352$1,034$785$498
24 years$2,125$1,640$1,250$943$706$437
25 years$2,019$1,539$1,158$861$635$384
26 years$1,920$1,446$1,074$788$572$337
27 years$1,829$1,361$997$721$516$296
28 years$1,745$1,283$927$661$465$261
29 years$1,667$1,210$863$606$420$229
30 years$1,594$1,143$803$556$380$202
31 years$1,526$1,080$749$511$343$178
32 years$1,462$1,022$699$469$310$157
33 years$1,402$968$653$431$281$138
34 years$1,346$917$610$397$254$122
35 years$1,293$870$570$365$230$107
36 years$1,244$826$533$337$209$95
37 years$1,197$784$499$310$189$84
38 years$1,152$745$467$286$172$74
39 years$1,110$709$438$264$156$65
40 years$1,070$674$410$243$141$57
41 years$1,033$642$385$224$128$51
42 years$997$611$361$207$116$45
43 years$963$583$339$191$105$40
44 years$930$555$318$176$96$35
45 years$899$529$299$163$87$31
46 years$870$505$280$150$79$27
47 years$842$482$263$139$72$24
48 years$815$460$248$128$65$21
49 years$789$439$233$119$59$19
50 years$764$420$219$110$54$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $783,000, adding $2,889 every year, while hoping to spend $44,638 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: 66/9/25 Blend
44$783,000$783,000$783,000$783,000
45$865,846$824,347$812,211$917,190
46$906,668$817,246$791,925$945,012
47$950,157$808,300$769,464$970,115
48$996,540$797,373$744,707$996,545
49$1,046,061$784,319$717,529$1,024,436
50$1,098,992$768,983$687,799$1,053,936
51$1,155,628$751,202$655,379$1,085,208
52$1,216,294$730,802$620,126$1,118,437
53$1,281,345$707,601$581,890$1,153,825
54$1,351,173$681,405$540,514$1,191,598
55$1,426,206$652,007$495,835$1,232,005
56$1,506,915$619,191$447,681$1,275,325
57$1,593,816$582,727$395,874$1,321,865
58$1,687,477$542,372$340,227$1,371,967
59$1,788,520$497,869$280,546$1,426,010
60$1,897,631$448,946$216,625$1,484,414
61$2,015,561$395,317$148,255$1,547,643
62$2,143,139$336,677$75,211$1,616,215
63$2,281,271$272,707$0$1,690,699
64$2,430,959$203,067$0$1,772,460
65$2,593,300$127,401$0$1,882,924
66$2,769,503$45,330$0$2,002,851
67$2,960,897$0$0$2,133,169
68$3,168,943$0$0$2,279,213
69$3,395,250$0$0$2,443,004
70$3,641,588$0$0$2,621,337
71$3,909,902$0$0$2,815,629
72$4,202,336$0$0$3,027,437
73$4,521,248$0$0$3,258,474
74$4,869,232$0$0$3,510,627
75$5,249,145$0$0$3,785,973
76$5,664,132$0$0$4,086,799
77$6,117,654$0$0$4,415,620
78$6,613,523$0$0$4,775,208
79$7,155,933$0$0$5,168,614
80$7,749,507$0$0$5,599,196
81$8,399,330$0$0$6,070,655
82$9,111,006$0$0$6,587,063
83$9,890,704$0$0$7,152,907
84$10,745,217$0$0$7,773,126
85$11,682,029$0$0$8,453,163
86$12,709,381$0$0$9,199,009
87$13,836,350$0$0$10,017,266
88$15,072,935$0$0$10,915,203
89$16,430,147$0$0$11,900,830
90$17,920,118$0$0$12,982,968
91$19,556,209$0$0$14,171,333
92$21,353,142$0$0$15,476,631
93$23,327,131$0$0$16,910,654
94$25,496,040$0$0$18,486,392
95$27,879,548$0$0$20,218,157
96$30,499,336$0$0$22,121,717
97$33,379,288$0$0$24,214,440
98$36,545,720$0$0$26,515,465
99$40,027,623$0$0$29,045,876
100$43,856,938$0$0$31,828,903