Can I retire at age 45 with 728,000?

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 $728,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$60,118$59,582$59,060$58,550$58,052$57,686
2 years$29,761$29,207$28,670$28,149$27,644$27,275
3 years$19,644$19,087$18,551$18,035$17,538$17,177
4 years$14,586$14,031$13,501$12,993$12,508$12,159
5 years$11,552$11,000$10,477$9,980$9,509$9,171
6 years$9,530$8,983$8,467$7,981$7,524$7,199
7 years$8,087$7,544$7,036$6,562$6,119$5,806
8 years$7,004$6,466$5,967$5,505$5,076$4,776
9 years$6,163$5,630$5,139$4,689$4,275$3,988
10 years$5,490$4,963$4,481$4,042$3,642$3,368
11 years$4,940$4,418$3,945$3,517$3,133$2,870
12 years$4,482$3,965$3,501$3,085$2,715$2,464
13 years$4,095$3,583$3,128$2,724$2,367$2,128
14 years$3,763$3,257$2,810$2,418$2,075$1,848
15 years$3,476$2,976$2,537$2,156$1,827$1,611
16 years$3,225$2,730$2,300$1,931$1,615$1,409
17 years$3,004$2,514$2,093$1,735$1,432$1,237
18 years$2,808$2,323$1,911$1,563$1,273$1,088
19 years$2,632$2,153$1,749$1,413$1,135$960
20 years$2,474$2,001$1,606$1,279$1,014$848
21 years$2,332$1,864$1,477$1,161$907$751
22 years$2,202$1,740$1,361$1,056$813$666
23 years$2,084$1,627$1,257$962$730$591
24 years$1,976$1,525$1,162$877$656$525
25 years$1,877$1,431$1,076$801$590$467
26 years$1,785$1,345$998$732$532$416
27 years$1,701$1,265$927$670$479$371
28 years$1,623$1,192$862$614$433$331
29 years$1,550$1,125$802$563$391$295
30 years$1,482$1,062$747$517$353$263
31 years$1,419$1,004$696$475$319$235
32 years$1,359$950$650$436$289$210
33 years$1,304$900$607$401$261$188
34 years$1,252$853$567$369$236$168
35 years$1,202$809$530$340$214$150
36 years$1,156$768$496$313$194$134
37 years$1,113$729$464$288$176$120
38 years$1,071$693$435$266$159$108
39 years$1,032$659$407$245$145$96
40 years$995$627$382$226$131$86
41 years$960$597$358$209$119$77
42 years$927$568$336$192$108$69
43 years$895$542$315$178$98$62
44 years$865$516$296$164$89$56
45 years$836$492$278$151$81$50
46 years$809$470$261$140$73$45
47 years$783$448$245$129$67$40
48 years$758$428$230$119$60$36
49 years$734$409$216$110$55$32
50 years$711$390$203$102$50$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $728,000, adding $4,487 every year, while hoping to spend $54,336 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: 66/8/26 Blend
44$728,000$728,000$728,000$728,000
45$806,884$768,300$757,016$854,387
46$831,373$748,134$724,563$866,778
47$856,539$725,158$689,202$873,797
48$882,394$699,178$650,778$880,246
49$908,948$669,988$609,128$886,073
50$936,211$637,368$564,085$891,221
51$964,194$601,089$515,471$895,631
52$992,905$560,905$463,102$899,238
53$1,022,350$516,558$406,785$901,975
54$1,052,536$467,776$346,319$903,770
55$1,083,468$414,270$281,494$904,544
56$1,115,146$355,734$212,089$904,215
57$1,147,573$291,847$137,876$902,695
58$1,180,746$222,268$58,615$899,889
59$1,214,660$146,637$0$895,698
60$1,249,308$64,575$0$897,220
61$1,284,679$0$0$914,955
62$1,320,758$0$0$934,720
63$1,357,525$0$0$960,646
64$1,394,958$0$0$987,030
65$1,433,026$0$0$1,013,850
66$1,471,694$0$0$1,041,079
67$1,510,919$0$0$1,068,685
68$1,550,653$0$0$1,096,632
69$1,590,837$0$0$1,124,876
70$1,631,404$0$0$1,153,368
71$1,672,274$0$0$1,182,048
72$1,713,359$0$0$1,210,852
73$1,754,556$0$0$1,239,703
74$1,795,747$0$0$1,268,515
75$1,836,801$0$0$1,297,190
76$1,877,565$0$0$1,325,618
77$1,917,869$0$0$1,353,673
78$1,957,522$0$0$1,381,215
79$1,996,306$0$0$1,408,083
80$2,033,978$0$0$1,434,101
81$2,070,265$0$0$1,459,068
82$2,104,861$0$0$1,482,760
83$2,137,424$0$0$1,504,928
84$2,167,572$0$0$1,525,290
85$2,194,877$0$0$1,543,536
86$2,218,862$0$0$1,559,316
87$2,238,997$0$0$1,572,244
88$2,254,691$0$0$1,581,888
89$2,265,287$0$0$1,587,767
90$2,270,053$0$0$1,589,349
91$2,268,176$0$0$1,586,040
92$2,258,755$0$0$1,577,183
93$2,240,789$0$0$1,562,048
94$2,213,167$0$0$1,539,825
95$2,174,658$0$0$1,509,616
96$2,123,897$0$0$1,470,427
97$2,059,373$0$0$1,421,156
98$1,979,410$0$0$1,360,582
99$1,882,155$0$0$1,287,356
100$1,765,557$0$0$1,199,982