Can I retire at age 45 with 729,000?

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 $729,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$60,200$59,664$59,141$58,630$58,131$57,145
2 years$29,802$29,247$28,709$28,188$27,682$26,691
3 years$19,671$19,113$18,577$18,060$17,562$16,598
4 years$14,606$14,050$13,519$13,011$12,526$11,595
5 years$11,568$11,016$10,491$9,994$9,522$8,628
6 years$9,543$8,995$8,479$7,992$7,534$6,678
7 years$8,098$7,554$7,046$6,571$6,127$5,309
8 years$7,014$6,475$5,975$5,512$5,083$4,303
9 years$6,171$5,638$5,147$4,695$4,281$3,538
10 years$5,498$4,969$4,487$4,047$3,647$2,941
11 years$4,947$4,424$3,950$3,522$3,137$2,466
12 years$4,488$3,971$3,506$3,090$2,718$2,083
13 years$4,101$3,588$3,132$2,728$2,371$1,769
14 years$3,769$3,262$2,814$2,421$2,078$1,509
15 years$3,481$2,980$2,541$2,159$1,830$1,293
16 years$3,230$2,734$2,304$1,933$1,617$1,111
17 years$3,008$2,518$2,096$1,737$1,434$957
18 years$2,811$2,326$1,914$1,566$1,275$827
19 years$2,636$2,156$1,752$1,415$1,136$716
20 years$2,478$2,004$1,608$1,281$1,015$620
21 years$2,335$1,866$1,479$1,163$908$539
22 years$2,205$1,742$1,363$1,057$814$468
23 years$2,087$1,629$1,258$963$731$407
24 years$1,979$1,527$1,164$878$657$355
25 years$1,879$1,433$1,078$802$591$309
26 years$1,788$1,346$1,000$733$532$270
27 years$1,703$1,267$928$671$480$236
28 years$1,625$1,194$863$615$433$206
29 years$1,552$1,126$803$564$391$180
30 years$1,484$1,064$748$518$353$157
31 years$1,421$1,006$697$475$320$137
32 years$1,361$952$651$437$289$120
33 years$1,306$901$608$402$262$105
34 years$1,253$854$568$370$237$92
35 years$1,204$810$531$340$214$80
36 years$1,158$769$496$313$194$70
37 years$1,114$730$465$289$176$62
38 years$1,073$694$435$266$160$54
39 years$1,034$660$408$245$145$47
40 years$997$628$382$226$131$41
41 years$962$598$358$209$119$36
42 years$928$569$336$193$108$32
43 years$896$542$315$178$98$28
44 years$866$517$296$164$89$24
45 years$837$493$278$152$81$21
46 years$810$470$261$140$73$19
47 years$784$449$245$129$67$16
48 years$759$428$231$120$61$14
49 years$735$409$217$111$55$13
50 years$712$391$204$102$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $729,000, adding $6,437 every year, while hoping to spend $30,289 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: 59/28/13 Blend
44$729,000$729,000$729,000$729,000
45$809,998$771,361$760,061$854,807
46$860,390$776,930$753,296$891,340
47$914,908$781,757$745,289$927,207
48$973,939$785,774$735,967$965,597
49$1,037,911$788,907$725,252$1,006,756
50$1,107,294$791,080$713,064$1,050,955
51$1,182,605$792,210$699,319$1,098,496
52$1,264,412$792,209$683,927$1,149,710
53$1,353,341$790,986$666,798$1,204,965
54$1,450,079$788,442$647,833$1,264,665
55$1,555,383$784,472$626,931$1,329,260
56$1,670,087$778,966$603,988$1,399,243
57$1,795,106$771,805$578,892$1,475,161
58$1,931,449$762,866$551,527$1,557,618
59$2,080,226$752,015$521,772$1,647,280
60$2,242,659$739,114$489,502$1,744,885
61$2,420,093$724,014$454,583$1,851,245
62$2,614,009$706,557$416,878$1,967,258
63$2,826,037$686,577$376,242$2,093,917
64$3,057,971$663,899$332,525$2,232,316
65$3,311,790$638,335$285,570$2,383,665
66$3,589,667$609,688$235,212$2,549,299
67$3,894,001$577,750$181,279$2,730,691
68$4,227,429$542,300$123,592$2,929,469
69$4,592,858$503,105$61,964$3,147,428
70$4,993,490$459,917$0$3,386,552
71$5,432,849$412,476$0$3,649,557
72$5,914,819$360,506$0$3,947,535
73$6,443,676$303,716$0$4,274,580
74$7,024,130$241,798$0$4,633,662
75$7,661,372$174,427$0$5,028,059
76$8,361,117$101,259$0$5,461,389
77$9,129,663$21,932$0$5,937,637
78$9,973,944$0$0$6,461,202
79$10,901,604$0$0$7,056,632
80$11,921,060$0$0$7,718,474
81$13,041,587$0$0$8,445,999
82$14,273,401$0$0$9,245,848
83$15,627,761$0$0$10,125,341
84$17,117,066$0$0$11,092,539
85$18,754,982$0$0$12,156,325
86$20,556,563$0$0$13,326,486
87$22,538,395$0$0$14,613,806
88$24,718,753$0$0$16,030,165
89$27,117,773$0$0$17,588,653
90$29,757,641$0$0$19,303,695
91$32,662,802$0$0$21,191,182
92$35,860,190$0$0$23,268,627
93$39,379,485$0$0$25,555,323
94$43,253,386$0$0$28,072,530
95$47,517,927$0$0$30,843,676
96$52,212,811$0$0$33,894,572
97$57,381,787$0$0$37,253,663
98$63,073,062$0$0$40,952,289
99$69,339,754$0$0$45,024,985
100$76,240,395$0$0$49,509,807