Can I retire at age 45 with 787,000?

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 $787,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$64,990$64,411$63,846$63,295$62,756$60,918
2 years$32,173$31,574$30,993$30,430$29,884$28,047
3 years$21,236$20,634$20,055$19,497$18,960$17,182
4 years$15,768$15,168$14,595$14,046$13,522$11,816
5 years$12,488$11,892$11,326$10,789$10,279$8,651
6 years$10,303$9,711$9,153$8,628$8,134$6,583
7 years$8,742$8,155$7,606$7,094$6,615$5,143
8 years$7,572$6,990$6,451$5,951$5,488$4,093
9 years$6,662$6,086$5,556$5,069$4,621$3,303
10 years$5,935$5,365$4,844$4,369$3,938$2,694
11 years$5,341$4,776$4,264$3,803$3,387$2,215
12 years$4,846$4,287$3,785$3,335$2,935$1,833
13 years$4,427$3,874$3,381$2,945$2,559$1,525
14 years$4,068$3,521$3,038$2,614$2,243$1,274
15 years$3,758$3,217$2,743$2,331$1,975$1,068
16 years$3,487$2,951$2,487$2,087$1,746$898
17 years$3,248$2,718$2,263$1,875$1,548$756
18 years$3,035$2,512$2,066$1,690$1,376$639
19 years$2,845$2,328$1,891$1,527$1,227$540
20 years$2,675$2,163$1,736$1,383$1,096$457
21 years$2,521$2,015$1,596$1,255$981$388
22 years$2,381$1,881$1,471$1,141$879$329
23 years$2,253$1,759$1,359$1,039$789$279
24 years$2,136$1,648$1,256$948$709$238
25 years$2,029$1,547$1,164$866$638$202
26 years$1,930$1,454$1,079$792$575$172
27 years$1,839$1,368$1,002$725$518$146
28 years$1,754$1,289$932$664$468$125
29 years$1,675$1,216$867$609$422$106
30 years$1,602$1,148$808$559$382$90
31 years$1,534$1,086$753$513$345$77
32 years$1,469$1,027$702$472$312$66
33 years$1,409$973$656$434$282$56
34 years$1,353$922$613$399$256$48
35 years$1,300$875$573$367$232$41
36 years$1,250$830$536$338$210$35
37 years$1,203$788$502$312$190$30
38 years$1,158$749$470$287$172$25
39 years$1,116$712$440$265$156$22
40 years$1,076$678$413$244$142$18
41 years$1,038$645$387$225$129$16
42 years$1,002$614$363$208$117$13
43 years$968$585$340$192$106$11
44 years$935$558$320$177$96$10
45 years$904$532$300$164$87$8
46 years$874$508$282$151$79$7
47 years$846$484$265$140$72$6
48 years$819$463$249$129$65$5
49 years$793$442$234$119$59$4
50 years$768$422$220$110$54$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $787,000, adding $4,468 every year, while hoping to spend $26,760 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: 77/18/5 Blend
44$787,000$787,000$787,000$787,000
45$871,883$830,172$817,973$938,439
46$932,342$842,378$816,903$994,936
47$998,072$854,285$814,900$1,052,935
48$1,069,581$865,850$811,905$1,115,724
49$1,147,429$877,028$807,855$1,183,768
50$1,232,234$887,770$802,685$1,257,577
51$1,324,674$898,022$796,326$1,337,713
52$1,425,495$907,729$788,707$1,424,797
53$1,535,519$916,832$779,753$1,519,509
54$1,655,652$925,266$769,384$1,622,602
55$1,786,888$932,965$757,519$1,734,905
56$1,930,325$939,854$744,070$1,857,328
57$2,087,170$945,859$728,948$1,990,878
58$2,258,751$950,896$712,058$2,136,663
59$2,446,533$954,879$693,301$2,295,901
60$2,652,125$957,714$672,573$2,469,939
61$2,877,304$959,304$649,766$2,660,257
62$3,124,023$959,544$624,767$2,868,488
63$3,394,434$958,322$597,457$3,096,432
64$3,690,907$955,521$567,713$3,346,071
65$4,016,054$951,015$535,405$3,619,590
66$4,372,748$944,672$500,398$3,919,396
67$4,764,157$936,350$462,551$4,248,144
68$5,193,770$925,900$421,715$4,608,758
69$5,665,430$913,164$377,737$5,004,460
70$6,183,368$897,973$330,455$5,438,803
71$6,752,247$880,150$279,702$5,915,700
72$7,377,205$859,506$225,301$6,439,466
73$8,063,900$835,842$167,068$7,014,856
74$8,818,566$808,946$104,813$7,647,109
75$9,648,070$778,595$38,335$8,342,000
76$10,559,979$744,552$0$9,105,896
77$11,562,629$706,567$0$9,947,549
78$12,665,203$664,375$0$10,875,249
79$13,877,821$617,695$0$11,895,479
80$15,211,629$566,233$0$13,017,645
81$16,678,911$509,674$0$14,252,110
82$18,293,201$447,689$0$15,610,294
83$20,069,408$379,927$0$17,104,785
84$22,023,964$306,019$0$18,749,453
85$24,174,969$225,575$0$20,559,587
86$26,542,371$138,184$0$22,552,033
87$29,148,147$43,409$0$24,745,359
88$32,016,513$0$0$27,160,025
89$35,174,153$0$0$29,830,312
90$38,650,469$0$0$32,779,589
91$42,477,859$0$0$36,026,751
92$46,692,021$0$0$39,602,087
93$51,332,293$0$0$43,538,978
94$56,442,019$0$0$47,874,201
95$62,068,963$0$0$52,648,286
96$68,265,756$0$0$57,905,892
97$75,090,393$0$0$63,696,229
98$82,606,781$0$0$70,073,525
99$90,885,342$0$0$77,097,533
100$100,003,675$0$0$84,834,101