Can I retire at age 45 with 786,000?

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 $786,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$64,907$64,329$63,765$63,214$62,677$62,282
2 years$32,132$31,534$30,954$30,392$29,846$29,448
3 years$21,209$20,608$20,029$19,472$18,936$18,546
4 years$15,748$15,149$14,576$14,029$13,505$13,127
5 years$12,472$11,877$11,312$10,775$10,266$9,902
6 years$10,289$9,698$9,142$8,617$8,123$7,772
7 years$8,731$8,145$7,597$7,085$6,606$6,269
8 years$7,562$6,981$6,443$5,943$5,481$5,157
9 years$6,654$6,079$5,549$5,062$4,616$4,305
10 years$5,928$5,358$4,838$4,364$3,933$3,636
11 years$5,334$4,770$4,259$3,798$3,382$3,099
12 years$4,839$4,281$3,780$3,331$2,931$2,660
13 years$4,421$3,869$3,377$2,941$2,556$2,298
14 years$4,063$3,517$3,034$2,611$2,240$1,995
15 years$3,753$3,213$2,740$2,328$1,973$1,739
16 years$3,482$2,948$2,484$2,085$1,743$1,522
17 years$3,243$2,715$2,260$1,873$1,546$1,335
18 years$3,031$2,508$2,063$1,688$1,375$1,175
19 years$2,842$2,325$1,889$1,525$1,225$1,036
20 years$2,671$2,160$1,733$1,381$1,094$916
21 years$2,517$2,012$1,594$1,254$979$811
22 years$2,378$1,878$1,469$1,140$878$719
23 years$2,250$1,757$1,357$1,038$788$638
24 years$2,134$1,646$1,255$947$708$567
25 years$2,026$1,545$1,162$865$637$504
26 years$1,928$1,452$1,078$791$574$449
27 years$1,836$1,366$1,001$724$518$400
28 years$1,752$1,287$930$663$467$357
29 years$1,673$1,215$866$608$422$318
30 years$1,600$1,147$807$558$381$284
31 years$1,532$1,084$752$512$344$254
32 years$1,468$1,026$702$471$312$227
33 years$1,408$972$655$433$282$203
34 years$1,351$921$612$399$255$181
35 years$1,298$873$572$367$231$162
36 years$1,248$829$535$338$210$145
37 years$1,201$787$501$311$190$130
38 years$1,157$748$469$287$172$116
39 years$1,115$712$440$265$156$104
40 years$1,075$677$412$244$142$93
41 years$1,037$644$386$225$128$84
42 years$1,001$614$362$208$117$75
43 years$966$585$340$192$106$67
44 years$934$557$319$177$96$60
45 years$903$532$300$164$87$54
46 years$873$507$282$151$79$48
47 years$845$484$264$140$72$43
48 years$818$462$249$129$65$39
49 years$792$441$234$119$59$35
50 years$767$421$220$110$54$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $786,000, adding $5,170 every year, while hoping to spend $24,267 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: 74/5/21 Blend
44$786,000$786,000$786,000$786,000
45$871,505$829,847$817,664$931,229
46$934,578$844,689$819,236$986,431
47$1,003,272$859,446$820,047$1,043,468
48$1,078,134$874,087$820,046$1,105,355
49$1,159,766$888,579$819,180$1,172,570
50$1,248,832$902,890$817,393$1,245,640
51$1,346,062$916,980$814,624$1,325,146
52$1,452,259$930,812$810,814$1,411,727
53$1,568,310$944,341$805,895$1,506,089
54$1,695,186$957,523$799,802$1,609,009
55$1,833,962$970,308$792,462$1,721,344
56$1,985,818$982,645$783,801$1,844,038
57$2,152,053$994,477$773,741$1,978,131
58$2,334,101$1,005,745$762,200$2,124,771
59$2,533,538$1,016,385$749,092$2,285,221
60$2,752,100$1,026,329$734,328$2,460,875
61$2,991,700$1,035,505$717,814$2,653,268
62$3,254,444$1,043,835$699,451$2,864,092
63$3,542,652$1,051,238$679,137$3,095,213
64$3,858,880$1,057,625$656,765$3,348,686
65$4,205,941$1,062,904$632,222$3,626,779
66$4,586,936$1,066,975$605,391$3,931,987
67$5,005,280$1,069,734$576,148$4,267,065
68$5,464,735$1,071,068$544,366$4,635,047
69$5,969,446$1,070,858$509,910$5,039,276
70$6,523,978$1,068,978$472,640$5,483,438
71$7,133,359$1,065,294$432,409$5,971,598
72$7,803,132$1,059,663$389,064$6,508,231
73$8,539,399$1,051,934$342,446$7,098,274
74$9,348,887$1,041,948$292,387$7,747,167
75$10,239,004$1,029,535$238,713$8,460,904
76$11,217,914$1,014,513$181,242$9,246,094
77$12,294,611$996,694$119,783$10,110,021
78$13,479,003$975,874$54,138$11,060,711
79$14,782,010$951,840$0$12,107,011
80$16,215,659$924,365$0$13,262,240
81$17,793,207$893,209$0$14,546,756
82$19,529,255$858,118$0$15,960,311
83$21,439,897$818,823$0$17,516,012
84$23,542,862$775,041$0$19,228,303
85$25,857,687$726,470$0$21,113,099
86$28,405,897$672,794$0$23,187,939
87$31,211,213$613,675$0$25,472,145
88$34,299,770$548,758$0$27,987,014
89$37,700,368$477,669$0$30,756,009
90$41,444,740$400,009$0$33,804,989
91$45,567,855$315,361$0$37,162,447
92$50,108,244$223,282$0$40,859,780
93$55,108,365$123,303$0$44,931,588
94$60,615,005$14,931$0$49,415,996
95$66,679,717$0$0$54,355,021
96$73,359,313$0$0$59,800,590
97$80,716,394$0$0$65,799,434
98$88,819,940$0$0$72,406,985
99$97,745,969$0$0$79,685,230
100$107,578,244$0$0$87,702,477