Can I retire at age 45 with 726,000?

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 $726,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$59,952$59,418$58,897$58,389$57,892$57,479
2 years$29,679$29,127$28,591$28,072$27,568$27,151
3 years$19,590$19,035$18,500$17,986$17,490$17,083
4 years$14,546$13,992$13,463$12,958$12,474$12,080
5 years$11,520$10,970$10,448$9,953$9,483$9,102
6 years$9,504$8,958$8,444$7,959$7,503$7,137
7 years$8,064$7,523$7,017$6,544$6,102$5,750
8 years$6,985$6,449$5,951$5,489$5,062$4,725
9 years$6,146$5,615$5,125$4,676$4,263$3,940
10 years$5,475$4,949$4,468$4,031$3,632$3,323
11 years$4,927$4,406$3,934$3,508$3,124$2,829
12 years$4,470$3,954$3,491$3,077$2,707$2,426
13 years$4,084$3,574$3,119$2,716$2,361$2,092
14 years$3,753$3,248$2,803$2,411$2,069$1,814
15 years$3,467$2,967$2,530$2,150$1,822$1,579
16 years$3,216$2,723$2,294$1,925$1,610$1,380
17 years$2,996$2,507$2,088$1,730$1,428$1,210
18 years$2,800$2,317$1,906$1,559$1,270$1,063
19 years$2,625$2,147$1,745$1,409$1,132$936
20 years$2,467$1,995$1,601$1,276$1,011$826
21 years$2,325$1,859$1,473$1,158$905$730
22 years$2,196$1,735$1,357$1,053$811$646
23 years$2,078$1,623$1,253$959$728$573
24 years$1,971$1,520$1,159$875$654$508
25 years$1,872$1,427$1,074$799$589$451
26 years$1,781$1,341$996$730$530$401
27 years$1,696$1,262$925$668$478$357
28 years$1,618$1,189$859$612$431$318
29 years$1,545$1,122$800$562$390$283
30 years$1,478$1,059$745$515$352$252
31 years$1,415$1,002$695$473$318$225
32 years$1,356$948$648$435$288$201
33 years$1,300$897$605$400$260$179
34 years$1,248$851$565$368$236$160
35 years$1,199$807$529$339$214$143
36 years$1,153$766$494$312$194$128
37 years$1,110$727$463$288$175$114
38 years$1,068$691$433$265$159$102
39 years$1,029$657$406$244$144$91
40 years$993$625$381$225$131$81
41 years$958$595$357$208$119$73
42 years$924$567$335$192$108$65
43 years$893$540$314$177$98$58
44 years$863$515$295$164$89$52
45 years$834$491$277$151$81$47
46 years$807$468$260$140$73$42
47 years$780$447$244$129$66$37
48 years$756$427$230$119$60$33
49 years$732$407$216$110$55$30
50 years$709$389$203$102$50$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $726,000, adding $2,070 every year, while hoping to spend $39,776 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: 43/30/27 Blend
44$726,000$726,000$726,000$726,000
45$802,187$763,709$752,456$830,289
46$841,689$758,810$735,342$845,695
47$883,887$752,337$716,322$858,436
48$929,014$744,172$695,289$871,474
49$977,325$734,188$672,133$884,860
50$1,029,101$722,252$646,738$898,651
51$1,084,649$708,222$618,984$912,915
52$1,144,306$691,948$588,743$927,729
53$1,208,442$673,271$555,883$943,182
54$1,277,464$652,022$520,265$959,375
55$1,351,818$628,023$481,747$976,423
56$1,431,993$601,086$440,175$994,456
57$1,518,529$571,011$395,393$1,013,624
58$1,612,015$537,588$347,235$1,034,094
59$1,713,104$500,592$295,530$1,056,056
60$1,822,508$459,789$240,098$1,079,724
61$1,941,013$414,928$180,751$1,105,340
62$2,069,483$365,746$117,293$1,133,175
63$2,208,868$311,965$49,520$1,163,535
64$2,360,211$253,290$0$1,196,762
65$2,524,661$189,410$0$1,239,812
66$2,703,482$119,996$0$1,302,196
67$2,898,064$44,703$0$1,370,181
68$3,109,936$0$0$1,444,378
69$3,340,781$0$0$1,537,621
70$3,592,453$0$0$1,655,447
71$3,866,988$0$0$1,784,062
72$4,166,632$0$0$1,924,528
73$4,493,853$0$0$2,078,014
74$4,851,371$0$0$2,245,807
75$5,242,178$0$0$2,429,323
76$5,669,571$0$0$2,630,124
77$6,137,178$0$0$2,849,925
78$6,648,995$0$0$3,090,620
79$7,209,419$0$0$3,354,291
80$7,823,298$0$0$3,643,231
81$8,495,965$0$0$3,959,968
82$9,233,297$0$0$4,307,283
83$10,041,765$0$0$4,688,242
84$10,928,498$0$0$5,106,219
85$11,901,345$0$0$5,564,933
86$12,968,953$0$0$6,068,479
87$14,140,849$0$0$6,621,368
88$15,427,523$0$0$7,228,570
89$16,840,534$0$0$7,895,559
90$18,392,612$0$0$8,628,365
91$20,097,785$0$0$9,433,633
92$21,971,503$0$0$10,318,681
93$24,030,788$0$0$11,291,573
94$26,294,394$0$0$12,361,192
95$28,782,979$0$0$13,537,325
96$31,519,307$0$0$14,830,755
97$34,528,455$0$0$16,253,363
98$37,838,053$0$0$17,818,238
99$41,478,542$0$0$19,539,801
100$45,483,463$0$0$21,433,944