Can I retire at age 45 with 732,000?

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 $732,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$60,448$59,909$59,384$58,871$58,371$56,389
2 years$29,925$29,367$28,827$28,304$27,796$25,819
3 years$19,752$19,192$18,653$18,134$17,635$15,726
4 years$14,666$14,108$13,575$13,065$12,577$10,750
5 years$11,616$11,061$10,535$10,035$9,561$7,820
6 years$9,583$9,032$8,513$8,025$7,565$5,912
7 years$8,131$7,585$7,075$6,598$6,153$4,587
8 years$7,043$6,502$6,000$5,535$5,104$3,625
9 years$6,197$5,661$5,168$4,714$4,298$2,904
10 years$5,520$4,990$4,505$4,064$3,662$2,351
11 years$4,967$4,442$3,966$3,537$3,150$1,918
12 years$4,507$3,987$3,520$3,102$2,730$1,575
13 years$4,118$3,603$3,145$2,739$2,380$1,299
14 years$3,784$3,275$2,826$2,431$2,087$1,076
15 years$3,495$2,992$2,551$2,168$1,837$895
16 years$3,243$2,745$2,313$1,941$1,624$746
17 years$3,021$2,528$2,105$1,744$1,440$623
18 years$2,823$2,336$1,921$1,572$1,280$521
19 years$2,647$2,165$1,759$1,420$1,141$437
20 years$2,488$2,012$1,614$1,286$1,019$366
21 years$2,344$1,874$1,485$1,168$912$308
22 years$2,214$1,749$1,369$1,062$817$259
23 years$2,096$1,636$1,264$967$734$218
24 years$1,987$1,533$1,169$882$660$183
25 years$1,887$1,439$1,082$805$594$154
26 years$1,795$1,352$1,004$736$535$130
27 years$1,710$1,272$932$674$482$110
28 years$1,631$1,199$867$617$435$92
29 years$1,558$1,131$806$566$393$78
30 years$1,490$1,068$751$520$355$66
31 years$1,426$1,010$700$477$321$56
32 years$1,367$955$653$439$290$47
33 years$1,311$905$610$403$263$40
34 years$1,258$858$570$371$238$33
35 years$1,209$813$533$342$215$28
36 years$1,163$772$499$315$195$24
37 years$1,119$733$467$290$177$20
38 years$1,077$697$437$267$160$17
39 years$1,038$663$409$246$145$14
40 years$1,001$630$384$227$132$12
41 years$965$600$360$210$120$10
42 years$932$572$338$194$109$9
43 years$900$545$317$179$99$7
44 years$870$519$297$165$89$6
45 years$841$495$279$152$81$5
46 years$813$472$262$141$74$4
47 years$787$451$246$130$67$4
48 years$762$430$231$120$61$3
49 years$738$411$218$111$55$3
50 years$715$392$205$103$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $732,000, adding $4,503 every year, while hoping to spend $34,110 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: 70/20/10 Blend
44$732,000$732,000$732,000$732,000
45$811,309$772,513$761,167$866,191
46$857,770$774,073$750,373$904,704
47$907,826$774,567$738,075$942,246
48$961,809$773,905$724,185$982,414
49$1,020,082$771,995$708,614$1,025,459
50$1,083,044$768,737$691,266$1,071,657
51$1,151,134$764,024$672,043$1,121,316
52$1,224,834$757,746$650,841$1,174,773
53$1,304,675$749,783$627,551$1,232,400
54$1,391,239$740,009$602,061$1,294,611
55$1,485,167$728,291$574,252$1,361,859
56$1,587,164$714,488$544,000$1,434,645
57$1,698,007$698,450$511,176$1,513,523
58$1,818,547$680,018$475,644$1,599,105
59$1,949,724$659,023$437,263$1,692,064
60$2,092,570$635,290$395,885$1,793,144
61$2,248,221$608,628$351,356$1,903,167
62$2,417,928$578,839$303,516$2,023,039
63$2,603,068$545,714$252,194$2,153,761
64$2,805,155$509,028$197,217$2,296,436
65$3,025,857$468,546$138,400$2,452,283
66$3,267,010$424,020$75,552$2,622,645
67$3,530,635$375,187$8,473$2,809,007
68$3,818,956$321,768$0$3,013,005
69$4,134,425$263,470$0$3,243,179
70$4,479,738$199,982$0$3,496,190
71$4,857,867$130,977$0$3,773,356
72$5,272,083$56,108$0$4,077,128
73$5,725,988$0$0$4,410,208
74$6,223,550$0$0$4,781,075
75$6,769,139$0$0$5,201,320
76$7,367,568$0$0$5,662,306
77$8,024,138$0$0$6,168,121
78$8,744,688$0$0$6,723,270
79$9,535,651$0$0$7,332,713
80$10,404,109$0$0$8,001,915
81$11,357,869$0$0$8,736,895
82$12,405,528$0$0$9,544,285
83$13,556,556$0$0$10,431,390
84$14,821,388$0$0$11,406,258
85$16,211,517$0$0$12,477,754
86$17,739,607$0$0$13,655,647
87$19,419,610$0$0$14,950,698
88$21,266,896$0$0$16,374,762
89$23,298,399$0$0$17,940,902
90$25,532,778$0$0$19,663,510
91$27,990,588$0$0$21,558,442
92$30,694,479$0$0$23,643,169
93$33,669,406$0$0$25,936,939
94$36,942,864$0$0$28,460,962
95$40,545,149$0$0$31,238,606
96$44,509,642$0$0$34,295,622
97$48,873,123$0$0$37,660,379
98$53,676,119$0$0$41,364,139
99$58,963,286$0$0$45,441,348
100$64,783,828$0$0$49,929,962