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%16%
1 years$59,870$59,337$58,816$58,308$57,813$56,392
2 years$29,639$29,087$28,552$28,033$27,530$26,107
3 years$19,563$19,008$18,475$17,961$17,466$16,086
4 years$14,526$13,973$13,445$12,940$12,457$11,130
5 years$11,504$10,955$10,434$9,939$9,470$8,200
6 years$9,491$8,946$8,432$7,948$7,493$6,282
7 years$8,053$7,513$7,007$6,535$6,094$4,941
8 years$6,975$6,440$5,943$5,482$5,055$3,960
9 years$6,138$5,607$5,118$4,669$4,257$3,219
10 years$5,468$4,942$4,462$4,025$3,627$2,645
11 years$4,920$4,400$3,929$3,503$3,120$2,191
12 years$4,464$3,949$3,486$3,073$2,704$1,828
13 years$4,078$3,569$3,115$2,713$2,358$1,533
14 years$3,748$3,244$2,799$2,408$2,067$1,291
15 years$3,462$2,963$2,527$2,147$1,820$1,092
16 years$3,212$2,719$2,291$1,923$1,608$926
17 years$2,992$2,504$2,085$1,728$1,426$787
18 years$2,796$2,314$1,903$1,557$1,268$670
19 years$2,621$2,144$1,742$1,407$1,130$572
20 years$2,464$1,993$1,599$1,274$1,009$489
21 years$2,322$1,856$1,471$1,156$903$418
22 years$2,193$1,733$1,355$1,051$810$358
23 years$2,076$1,620$1,252$958$727$307
24 years$1,968$1,518$1,157$873$653$264
25 years$1,869$1,425$1,072$798$588$226
26 years$1,778$1,339$994$729$530$194
27 years$1,694$1,260$923$668$477$167
28 years$1,616$1,188$858$612$431$144
29 years$1,543$1,120$799$561$389$124
30 years$1,476$1,058$744$515$351$106
31 years$1,413$1,000$694$473$318$92
32 years$1,354$946$647$434$287$79
33 years$1,298$896$604$400$260$68
34 years$1,246$849$565$368$236$58
35 years$1,198$806$528$338$213$50
36 years$1,151$765$494$312$193$43
37 years$1,108$726$462$287$175$37
38 years$1,067$690$433$265$159$32
39 years$1,028$656$405$244$144$28
40 years$991$624$380$225$131$24
41 years$956$594$356$208$119$21
42 years$923$566$334$192$108$18
43 years$891$539$314$177$98$15
44 years$861$514$294$163$89$13
45 years$833$490$276$151$80$11
46 years$805$468$260$139$73$10
47 years$779$446$244$129$66$8
48 years$754$426$229$119$60$7
49 years$731$407$215$110$55$6
50 years$708$389$203$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $725,000, adding $4,317 every year, while hoping to spend $33,996 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: 48/35/17 Blend
44$725,000$725,000$725,000$725,000
45$803,403$764,978$753,740$837,938
46$849,179$766,290$742,819$863,632
47$898,484$766,528$730,393$887,698
48$951,643$765,601$716,375$913,099
49$1,009,012$763,417$700,675$939,971
50$1,070,982$759,876$683,199$968,470
51$1,137,984$754,871$663,847$998,766
52$1,210,489$748,290$642,516$1,031,050
53$1,289,017$740,015$619,099$1,065,534
54$1,374,139$729,918$593,481$1,102,454
55$1,466,483$717,866$565,545$1,142,072
56$1,566,741$703,717$535,167$1,184,681
57$1,675,670$687,322$502,217$1,230,603
58$1,794,108$668,520$466,561$1,280,200
59$1,922,974$647,144$428,057$1,333,870
60$2,063,279$623,015$386,558$1,392,058
61$2,216,135$595,946$341,910$1,455,256
62$2,382,769$565,735$293,952$1,524,011
63$2,564,528$532,172$242,516$1,598,929
64$2,762,896$495,035$187,427$1,680,683
65$2,979,506$454,087$128,500$1,770,017
66$3,216,157$409,078$65,546$1,867,757
67$3,474,827$359,745$0$1,974,819
68$3,757,697$305,809$0$2,092,514
69$4,067,164$246,976$0$2,234,376
70$4,405,872$182,936$0$2,389,785
71$4,776,730$113,358$0$2,560,159
72$5,182,942$37,898$0$2,747,066
73$5,628,034$0$0$2,952,238
74$6,115,894$0$0$3,194,460
75$6,650,801$0$0$3,476,125
76$7,237,467$0$0$3,785,129
77$7,881,084$0$0$4,124,216
78$8,587,370$0$0$4,496,409
79$9,362,623$0$0$4,905,039
80$10,213,781$0$0$5,353,774
81$11,148,487$0$0$5,846,655
82$12,175,159$0$0$6,388,134
83$13,303,071$0$0$6,983,116
84$14,542,442$0$0$7,637,002
85$15,904,525$0$0$8,355,746
86$17,401,722$0$0$9,145,904
87$19,047,693$0$0$10,014,701
88$20,857,489$0$0$10,970,097
89$22,847,693$0$0$12,020,861
90$25,036,575$0$0$13,176,655
91$27,444,262$0$0$14,448,125
92$30,092,933$0$0$15,846,999
93$33,007,023$0$0$17,386,200
94$36,213,456$0$0$19,079,969
95$39,741,895$0$0$20,943,995
96$43,625,028$0$0$22,995,563
97$47,898,868$0$0$25,253,724
98$52,603,099$0$0$27,739,463
99$57,781,445$0$0$30,475,909
100$63,482,087$0$0$33,488,543