Can I retire at age 45 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$59,870$59,337$58,816$58,308$57,813$56,074
2 years$29,639$29,087$28,552$28,033$27,530$25,793
3 years$19,563$19,008$18,475$17,961$17,466$15,785
4 years$14,526$13,973$13,445$12,940$12,457$10,845
5 years$11,504$10,955$10,434$9,939$9,470$7,931
6 years$9,491$8,946$8,432$7,948$7,493$6,029
7 years$8,053$7,513$7,007$6,535$6,094$4,705
8 years$6,975$6,440$5,943$5,482$5,055$3,740
9 years$6,138$5,607$5,118$4,669$4,257$3,015
10 years$5,468$4,942$4,462$4,025$3,627$2,455
11 years$4,920$4,400$3,929$3,503$3,120$2,016
12 years$4,464$3,949$3,486$3,073$2,704$1,666
13 years$4,078$3,569$3,115$2,713$2,358$1,384
14 years$3,748$3,244$2,799$2,408$2,067$1,155
15 years$3,462$2,963$2,527$2,147$1,820$967
16 years$3,212$2,719$2,291$1,923$1,608$812
17 years$2,992$2,504$2,085$1,728$1,426$683
18 years$2,796$2,314$1,903$1,557$1,268$576
19 years$2,621$2,144$1,742$1,407$1,130$486
20 years$2,464$1,993$1,599$1,274$1,009$411
21 years$2,322$1,856$1,471$1,156$903$348
22 years$2,193$1,733$1,355$1,051$810$295
23 years$2,076$1,620$1,252$958$727$250
24 years$1,968$1,518$1,157$873$653$212
25 years$1,869$1,425$1,072$798$588$180
26 years$1,778$1,339$994$729$530$153
27 years$1,694$1,260$923$668$477$130
28 years$1,616$1,188$858$612$431$111
29 years$1,543$1,120$799$561$389$94
30 years$1,476$1,058$744$515$351$80
31 years$1,413$1,000$694$473$318$68
32 years$1,354$946$647$434$287$58
33 years$1,298$896$604$400$260$49
34 years$1,246$849$565$368$236$42
35 years$1,198$806$528$338$213$36
36 years$1,151$765$494$312$193$30
37 years$1,108$726$462$287$175$26
38 years$1,067$690$433$265$159$22
39 years$1,028$656$405$244$144$19
40 years$991$624$380$225$131$16
41 years$956$594$356$208$119$14
42 years$923$566$334$192$108$12
43 years$891$539$314$177$98$10
44 years$861$514$294$163$89$8
45 years$833$490$276$151$80$7
46 years$805$468$260$139$73$6
47 years$779$446$244$129$66$5
48 years$754$426$229$119$60$4
49 years$731$407$215$110$55$4
50 years$708$389$203$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $725,000, adding $3,261 every year, while hoping to spend $24,186 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: 77/15/8 Blend
44$725,000$725,000$725,000$725,000
45$802,314$763,889$752,651$862,924
46$858,416$775,586$752,131$914,904
47$919,430$787,045$750,783$968,441
48$985,832$798,230$748,554$1,026,434
49$1,058,143$809,100$745,388$1,089,319
50$1,136,941$819,613$741,226$1,157,571
51$1,222,859$829,724$736,006$1,231,716
52$1,316,594$839,384$729,666$1,312,334
53$1,418,913$848,540$722,136$1,400,060
54$1,530,662$857,138$713,347$1,495,599
55$1,652,770$865,119$703,225$1,599,724
56$1,786,262$872,418$691,692$1,713,287
57$1,932,264$878,971$678,668$1,837,228
58$2,092,019$884,704$664,067$1,972,581
59$2,266,892$889,542$647,800$2,120,489
60$2,458,389$893,403$629,776$2,282,207
61$2,668,168$896,203$609,896$2,459,120
62$2,898,053$897,849$588,060$2,652,755
63$3,150,055$898,245$564,161$2,864,793
64$3,426,388$897,286$538,087$3,097,087
65$3,729,490$894,864$509,724$3,351,681
66$4,062,048$890,861$478,949$3,630,825
67$4,427,019$885,156$445,636$3,936,998
68$4,827,662$877,616$409,652$4,272,936
69$5,267,567$868,102$370,859$4,641,651
70$5,750,688$856,469$329,112$5,046,463
71$6,281,381$842,559$284,261$5,491,032
72$6,864,445$826,207$236,146$5,979,389
73$7,505,166$807,238$184,604$6,515,981
74$8,209,367$785,468$129,463$7,105,705
75$8,983,466$760,698$70,543$7,753,961
76$9,834,529$732,723$7,656$8,466,697
77$10,770,346$701,321$0$9,250,473
78$11,799,496$666,260$0$10,117,589
79$12,931,432$627,295$0$11,071,964
80$14,176,570$584,164$0$12,121,740
81$15,546,386$536,593$0$13,276,612
82$17,053,522$484,291$0$14,547,262
83$18,711,910$426,951$0$15,945,463
84$20,536,901$364,247$0$17,484,189
85$22,545,406$295,837$0$19,177,737
86$24,756,062$221,357$0$21,041,863
87$27,189,401$140,425$0$23,093,931
88$29,868,051$52,636$0$25,353,076
89$32,816,940$0$0$27,840,384
90$36,063,541$0$0$30,586,101
91$39,638,121$0$0$33,618,795
92$43,574,036$0$0$36,958,080
93$47,908,039$0$0$40,635,143
94$52,680,627$0$0$44,684,348
95$57,936,427$0$0$49,143,560
96$63,724,614$0$0$54,054,507
97$70,099,373$0$0$59,463,167
98$77,120,417$0$0$65,420,206
99$84,853,540$0$0$71,981,454
100$93,371,247$0$0$79,208,434