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%14.5%
1 years$59,870$59,337$58,816$58,308$57,813$56,738
2 years$29,639$29,087$28,552$28,033$27,530$26,451
3 years$19,563$19,008$18,475$17,961$17,466$16,417
4 years$14,526$13,973$13,445$12,940$12,457$11,446
5 years$11,504$10,955$10,434$9,939$9,470$8,499
6 years$9,491$8,946$8,432$7,948$7,493$6,564
7 years$8,053$7,513$7,007$6,535$6,094$5,207
8 years$6,975$6,440$5,943$5,482$5,055$4,210
9 years$6,138$5,607$5,118$4,669$4,257$3,453
10 years$5,468$4,942$4,462$4,025$3,627$2,864
11 years$4,920$4,400$3,929$3,503$3,120$2,395
12 years$4,464$3,949$3,486$3,073$2,704$2,018
13 years$4,078$3,569$3,115$2,713$2,358$1,709
14 years$3,748$3,244$2,799$2,408$2,067$1,454
15 years$3,462$2,963$2,527$2,147$1,820$1,242
16 years$3,212$2,719$2,291$1,923$1,608$1,065
17 years$2,992$2,504$2,085$1,728$1,426$915
18 years$2,796$2,314$1,903$1,557$1,268$788
19 years$2,621$2,144$1,742$1,407$1,130$680
20 years$2,464$1,993$1,599$1,274$1,009$588
21 years$2,322$1,856$1,471$1,156$903$509
22 years$2,193$1,733$1,355$1,051$810$441
23 years$2,076$1,620$1,252$958$727$382
24 years$1,968$1,518$1,157$873$653$332
25 years$1,869$1,425$1,072$798$588$288
26 years$1,778$1,339$994$729$530$251
27 years$1,694$1,260$923$668$477$218
28 years$1,616$1,188$858$612$431$190
29 years$1,543$1,120$799$561$389$165
30 years$1,476$1,058$744$515$351$144
31 years$1,413$1,000$694$473$318$126
32 years$1,354$946$647$434$287$109
33 years$1,298$896$604$400$260$95
34 years$1,246$849$565$368$236$83
35 years$1,198$806$528$338$213$73
36 years$1,151$765$494$312$193$63
37 years$1,108$726$462$287$175$55
38 years$1,067$690$433$265$159$48
39 years$1,028$656$405$244$144$42
40 years$991$624$380$225$131$37
41 years$956$594$356$208$119$32
42 years$923$566$334$192$108$28
43 years$891$539$314$177$98$24
44 years$861$514$294$163$89$21
45 years$833$490$276$151$80$19
46 years$805$468$260$139$73$16
47 years$779$446$244$129$66$14
48 years$754$426$229$119$60$12
49 years$731$407$215$110$55$11
50 years$708$389$203$102$50$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $725,000, adding $6,512 every year, while hoping to spend $36,104 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: 56/38/6 Blend
44$725,000$725,000$725,000$725,000
45$805,667$767,242$756,005$849,389
46$849,431$766,423$742,916$878,767
47$896,448$764,353$728,180$906,138
48$947,013$760,934$711,701$935,055
49$1,001,449$756,059$693,383$965,669
50$1,060,108$749,618$673,123$998,148
51$1,123,381$741,491$650,815$1,032,679
52$1,191,695$731,553$626,346$1,069,468
53$1,265,520$719,671$599,600$1,108,745
54$1,345,371$705,703$570,455$1,150,764
55$1,431,816$689,499$538,782$1,195,809
56$1,525,478$670,902$504,449$1,244,192
57$1,627,045$649,744$467,315$1,296,262
58$1,737,269$625,847$427,236$1,352,405
59$1,856,980$599,023$384,058$1,413,047
60$1,987,091$569,074$337,623$1,478,664
61$2,128,605$535,790$287,764$1,549,781
62$2,282,626$498,947$234,308$1,626,980
63$2,450,371$458,312$177,074$1,710,906
64$2,633,175$413,636$115,872$1,802,273
65$2,832,511$364,656$50,506$1,901,874
66$3,049,997$311,094$0$2,010,584
67$3,287,417$252,658$0$2,130,605
68$3,546,733$189,038$0$2,265,310
69$3,830,105$119,906$0$2,412,665
70$4,139,912$44,918$0$2,574,000
71$4,478,772$0$0$2,750,785
72$4,849,568$0$0$2,959,823
73$5,255,475$0$0$3,209,278
74$5,699,988$0$0$3,482,526
75$6,186,959$0$0$3,781,942
76$6,720,626$0$0$4,110,139
77$7,305,659$0$0$4,470,000
78$7,947,201$0$0$4,864,697
79$8,650,915$0$0$5,297,723
80$9,423,041$0$0$5,772,928
81$10,270,450$0$0$6,294,551
82$11,200,712$0$0$6,867,263
83$12,222,166$0$0$7,496,207
84$13,343,995$0$0$8,187,051
85$14,576,318$0$0$8,946,037
86$15,930,283$0$0$9,780,042
87$17,418,168$0$0$10,696,644
88$19,053,502$0$0$11,704,189
89$20,851,188$0$0$12,811,873
90$22,827,647$0$0$14,029,827
91$25,000,968$0$0$15,369,213
92$27,391,082$0$0$16,842,330
93$30,019,948$0$0$18,462,726
94$32,911,760$0$0$20,245,331
95$36,093,175$0$0$22,206,593
96$39,593,564$0$0$24,364,635
97$43,445,287$0$0$26,739,425
98$47,684,001$0$0$29,352,967
99$52,348,993$0$0$32,229,503
100$57,483,553$0$0$35,395,746