Can I retire at age 45 with 784,000?

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 $784,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$64,742$64,165$63,603$63,053$62,517$61,006
2 years$32,050$31,454$30,875$30,314$29,770$28,257
3 years$21,155$20,555$19,978$19,423$18,887$17,419
4 years$15,708$15,110$14,539$13,993$13,471$12,059
5 years$12,441$11,847$11,283$10,748$10,240$8,888
6 years$10,263$9,674$9,118$8,595$8,103$6,813
7 years$8,709$8,124$7,577$7,067$6,590$5,361
8 years$7,543$6,964$6,426$5,928$5,467$4,300
9 years$6,637$6,063$5,535$5,049$4,604$3,497
10 years$5,913$5,344$4,825$4,353$3,923$2,875
11 years$5,320$4,758$4,248$3,788$3,374$2,384
12 years$4,827$4,270$3,770$3,323$2,924$1,990
13 years$4,410$3,859$3,368$2,933$2,549$1,670
14 years$4,053$3,508$3,027$2,604$2,235$1,407
15 years$3,744$3,204$2,733$2,322$1,968$1,191
16 years$3,473$2,940$2,477$2,079$1,739$1,010
17 years$3,235$2,708$2,254$1,868$1,542$859
18 years$3,024$2,502$2,058$1,684$1,371$733
19 years$2,835$2,319$1,884$1,521$1,222$626
20 years$2,665$2,155$1,729$1,378$1,092$535
21 years$2,511$2,007$1,590$1,250$977$458
22 years$2,372$1,874$1,466$1,137$876$393
23 years$2,244$1,752$1,353$1,035$786$337
24 years$2,128$1,642$1,252$944$706$289
25 years$2,021$1,541$1,159$862$636$249
26 years$1,923$1,448$1,075$789$573$214
27 years$1,832$1,363$998$722$516$184
28 years$1,747$1,284$928$661$466$158
29 years$1,669$1,211$864$606$421$136
30 years$1,596$1,144$805$557$380$117
31 years$1,528$1,082$750$511$344$101
32 years$1,464$1,023$700$470$311$87
33 years$1,404$969$653$432$281$75
34 years$1,348$919$610$397$255$65
35 years$1,295$871$571$366$231$56
36 years$1,245$827$534$337$209$48
37 years$1,198$785$500$311$189$41
38 years$1,154$746$468$286$172$36
39 years$1,112$710$438$264$156$31
40 years$1,072$675$411$243$141$27
41 years$1,034$643$385$225$128$23
42 years$998$612$361$207$116$20
43 years$964$583$339$191$106$17
44 years$932$556$318$177$96$15
45 years$901$530$299$163$87$13
46 years$871$506$281$151$79$11
47 years$843$483$264$139$72$9
48 years$816$461$248$129$65$8
49 years$790$440$233$119$59$7
50 years$765$420$219$110$54$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $784,000, adding $4,098 every year, while hoping to spend $37,456 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: 81/5/14 Blend
44$784,000$784,000$784,000$784,000
45$868,195$826,643$814,491$935,795
46$916,898$827,296$801,924$981,441
47$969,313$826,725$787,680$1,026,250
48$1,025,780$824,831$771,664$1,074,353
49$1,086,671$821,509$753,776$1,126,062
50$1,152,395$816,646$733,911$1,181,723
51$1,223,401$810,124$711,959$1,241,714
52$1,300,184$801,817$687,806$1,306,453
53$1,383,287$791,590$661,331$1,376,401
54$1,473,307$779,302$632,410$1,452,066
55$1,570,900$764,803$600,912$1,534,005
56$1,676,787$747,935$566,698$1,622,837
57$1,791,764$728,528$529,626$1,719,239
58$1,916,702$706,404$489,547$1,823,960
59$2,052,563$681,374$446,304$1,937,826
60$2,200,402$653,240$399,733$2,061,745
61$2,361,384$621,789$349,665$2,196,720
62$2,536,786$586,798$295,920$2,343,856
63$2,728,017$548,030$238,312$2,504,369
64$2,936,628$505,236$176,648$2,679,603
65$3,164,322$458,151$110,725$2,871,036
66$3,412,978$406,496$40,329$3,080,300
67$3,684,664$349,976$0$3,309,193
68$3,981,653$288,278$0$3,564,892
69$4,306,451$221,073$0$3,851,152
70$4,661,817$148,014$0$4,164,386
71$5,050,787$68,732$0$4,507,285
72$5,476,707$0$0$4,882,815
73$5,943,259$0$0$5,295,185
74$6,454,498$0$0$5,751,216
75$7,014,893$0$0$6,251,114
76$7,629,362$0$0$6,799,270
77$8,303,324$0$0$7,400,520
78$9,042,746$0$0$8,060,191
79$9,854,203$0$0$8,784,150
80$10,744,935$0$0$9,578,860
81$11,722,918$0$0$10,451,440
82$12,796,938$0$0$11,409,733
83$13,976,675$0$0$12,462,378
84$15,272,789$0$0$13,618,891
85$16,697,028$0$0$14,889,757
86$18,262,332$0$0$16,286,526
87$19,982,955$0$0$17,821,923
88$21,874,605$0$0$19,509,967
89$23,954,585$0$0$21,366,103
90$26,241,960$0$0$23,407,348
91$28,757,732$0$0$25,652,449
92$31,525,045$0$0$28,122,064
93$34,569,396$0$0$30,838,951
94$37,918,878$0$0$33,828,186
95$41,604,444$0$0$37,117,398
96$45,660,199$0$0$40,737,030
97$50,123,723$0$0$44,720,626
98$55,036,421$0$0$49,105,142
99$60,443,917$0$0$53,931,305
100$66,396,481$0$0$59,243,986