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%18.9%
1 years$64,742$64,165$63,603$63,053$62,517$60,275
2 years$32,050$31,454$30,875$30,314$29,770$27,535
3 years$21,155$20,555$19,978$19,423$18,887$16,730
4 years$15,708$15,110$14,539$13,993$13,471$11,408
5 years$12,441$11,847$11,283$10,748$10,240$8,277
6 years$10,263$9,674$9,118$8,595$8,103$6,241
7 years$8,709$8,124$7,577$7,067$6,590$4,828
8 years$7,543$6,964$6,426$5,928$5,467$3,804
9 years$6,637$6,063$5,535$5,049$4,604$3,038
10 years$5,913$5,344$4,825$4,353$3,923$2,451
11 years$5,320$4,758$4,248$3,788$3,374$1,994
12 years$4,827$4,270$3,770$3,323$2,924$1,631
13 years$4,410$3,859$3,368$2,933$2,549$1,341
14 years$4,053$3,508$3,027$2,604$2,235$1,108
15 years$3,744$3,204$2,733$2,322$1,968$917
16 years$3,473$2,940$2,477$2,079$1,739$762
17 years$3,235$2,708$2,254$1,868$1,542$634
18 years$3,024$2,502$2,058$1,684$1,371$528
19 years$2,835$2,319$1,884$1,521$1,222$441
20 years$2,665$2,155$1,729$1,378$1,092$369
21 years$2,511$2,007$1,590$1,250$977$309
22 years$2,372$1,874$1,466$1,137$876$258
23 years$2,244$1,752$1,353$1,035$786$217
24 years$2,128$1,642$1,252$944$706$182
25 years$2,021$1,541$1,159$862$636$152
26 years$1,923$1,448$1,075$789$573$128
27 years$1,832$1,363$998$722$516$107
28 years$1,747$1,284$928$661$466$90
29 years$1,669$1,211$864$606$421$76
30 years$1,596$1,144$805$557$380$64
31 years$1,528$1,082$750$511$344$53
32 years$1,464$1,023$700$470$311$45
33 years$1,404$969$653$432$281$38
34 years$1,348$919$610$397$255$32
35 years$1,295$871$571$366$231$27
36 years$1,245$827$534$337$209$22
37 years$1,198$785$500$311$189$19
38 years$1,154$746$468$286$172$16
39 years$1,112$710$438$264$156$13
40 years$1,072$675$411$243$141$11
41 years$1,034$643$385$225$128$9
42 years$998$612$361$207$116$8
43 years$964$583$339$191$106$7
44 years$932$556$318$177$96$6
45 years$901$530$299$163$87$5
46 years$871$506$281$151$79$4
47 years$843$483$264$139$72$3
48 years$816$461$248$129$65$3
49 years$790$440$233$119$59$2
50 years$765$420$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 $784,000, adding $5,380 every year, while hoping to spend $21,379 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: 66/10/24 Blend
44$784,000$784,000$784,000$784,000
45$869,517$827,965$815,813$921,180
46$935,461$845,789$820,396$974,420
47$1,007,415$863,769$824,416$1,029,693
48$1,085,968$881,891$827,831$1,089,634
49$1,171,772$900,138$830,598$1,154,703
50$1,265,541$918,493$832,672$1,225,406
51$1,368,063$936,937$834,004$1,302,303
52$1,480,207$955,447$834,543$1,386,009
53$1,602,925$974,002$834,238$1,477,205
54$1,737,271$992,575$833,032$1,576,638
55$1,884,401$1,011,140$830,868$1,685,133
56$2,045,592$1,029,668$827,683$1,803,600
57$2,222,247$1,048,126$823,415$1,933,041
58$2,415,913$1,066,481$817,997$2,074,560
59$2,628,293$1,084,696$811,357$2,229,376
60$2,861,264$1,102,731$803,422$2,398,830
61$3,116,891$1,120,543$794,115$2,584,402
62$3,397,452$1,138,088$783,356$2,787,722
63$3,705,453$1,155,315$771,059$3,010,589
64$4,043,656$1,172,172$757,136$3,254,983
65$4,415,103$1,188,603$741,495$3,523,089
66$4,823,147$1,204,547$724,038$3,817,313
67$5,271,478$1,219,941$704,664$4,140,310
68$5,764,165$1,234,714$683,266$4,495,003
69$6,305,689$1,248,794$659,734$4,884,618
70$6,900,985$1,262,101$633,952$5,312,707
71$7,555,494$1,274,552$605,797$5,783,188
72$8,275,206$1,286,057$575,143$6,300,378
73$9,066,725$1,296,521$541,858$6,869,035
74$9,937,322$1,305,842$505,802$7,494,406
75$10,895,014$1,313,913$466,831$8,182,271
76$11,948,628$1,320,618$424,793$8,939,004
77$13,107,894$1,325,834$379,529$9,771,627
78$14,383,531$1,329,432$330,876$10,687,883
79$15,787,351$1,331,273$278,659$11,696,305
80$17,332,365$1,331,211$222,699$12,806,299
81$19,032,915$1,329,088$162,808$14,028,229
82$20,904,799$1,324,740$98,788$15,373,523
83$22,965,427$1,317,991$30,436$16,854,772
84$25,233,981$1,308,653$0$18,485,857
85$27,731,599$1,296,530$0$20,292,960
86$30,481,573$1,281,410$0$22,291,082
87$33,509,567$1,263,073$0$24,491,063
88$36,843,860$1,241,281$0$26,913,447
89$40,515,616$1,215,785$0$29,580,871
90$44,559,171$1,186,321$0$32,518,283
91$49,012,365$1,152,609$0$35,753,173
92$53,916,891$1,114,352$0$39,315,834
93$59,318,695$1,071,236$0$43,239,650
94$65,268,404$1,022,929$0$47,561,409
95$71,821,809$969,080$0$52,321,650
96$79,040,386$909,318$0$57,565,047
97$86,991,880$843,249$0$63,340,830
98$95,750,941$770,457$0$69,703,250
99$105,399,832$690,504$0$76,712,091
100$116,029,202$602,926$0$84,433,235