Can I retire at age 45 with 733,000?

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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$60,530$59,991$59,465$58,952$58,450$57,720
2 years$29,966$29,407$28,867$28,342$27,834$27,099
3 years$19,779$19,218$18,679$18,159$17,659$16,942
4 years$14,686$14,127$13,593$13,083$12,594$11,902
5 years$11,631$11,076$10,549$10,049$9,574$8,907
6 years$9,596$9,044$8,525$8,036$7,576$6,935
7 years$8,142$7,595$7,084$6,607$6,161$5,548
8 years$7,052$6,511$6,008$5,542$5,111$4,524
9 years$6,205$5,669$5,175$4,721$4,304$3,744
10 years$5,528$4,997$4,512$4,069$3,667$3,134
11 years$4,974$4,448$3,972$3,542$3,154$2,646
12 years$4,513$3,993$3,525$3,106$2,733$2,250
13 years$4,123$3,608$3,149$2,743$2,384$1,925
14 years$3,789$3,280$2,830$2,435$2,089$1,655
15 years$3,500$2,996$2,555$2,171$1,840$1,428
16 years$3,247$2,749$2,316$1,944$1,626$1,237
17 years$3,025$2,532$2,108$1,747$1,442$1,074
18 years$2,827$2,339$1,924$1,574$1,282$935
19 years$2,650$2,168$1,761$1,422$1,143$816
20 years$2,491$2,015$1,617$1,288$1,021$713
21 years$2,348$1,877$1,487$1,169$913$624
22 years$2,217$1,752$1,370$1,063$819$547
23 years$2,098$1,638$1,265$968$735$480
24 years$1,990$1,535$1,170$883$660$422
25 years$1,890$1,441$1,084$806$594$371
26 years$1,798$1,354$1,005$737$535$326
27 years$1,713$1,274$933$675$483$287
28 years$1,634$1,201$868$618$436$253
29 years$1,560$1,133$808$567$393$223
30 years$1,492$1,070$752$520$355$197
31 years$1,428$1,011$701$478$321$174
32 years$1,369$957$654$439$291$153
33 years$1,313$906$611$404$263$135
34 years$1,260$859$571$372$238$120
35 years$1,211$815$534$342$216$106
36 years$1,164$773$499$315$195$93
37 years$1,120$734$467$290$177$82
38 years$1,079$698$438$268$161$73
39 years$1,039$664$410$247$146$64
40 years$1,002$631$384$228$132$57
41 years$967$601$360$210$120$50
42 years$933$572$338$194$109$45
43 years$901$545$317$179$99$39
44 years$871$520$298$165$90$35
45 years$842$496$280$153$81$31
46 years$814$473$263$141$74$27
47 years$788$451$247$130$67$24
48 years$763$431$232$120$61$21
49 years$739$411$218$111$55$19
50 years$716$393$205$103$50$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $733,000, adding $3,155 every year, while hoping to spend $54,220 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: 34/50/16 Blend
44$733,000$733,000$733,000$733,000
45$811,020$772,171$760,810$834,474
46$836,055$752,318$728,607$832,050
47$861,826$729,675$693,509$824,142
48$888,350$704,048$655,360$814,452
49$915,647$675,231$614,000$802,851
50$943,734$643,008$569,259$789,204
51$972,628$607,149$520,963$773,368
52$1,002,348$567,411$468,927$755,193
53$1,032,910$523,536$412,958$734,518
54$1,064,331$475,254$352,857$711,175
55$1,096,629$422,277$288,414$684,984
56$1,129,818$364,302$219,409$655,756
57$1,163,915$301,009$145,615$623,291
58$1,198,934$232,058$66,792$587,378
59$1,234,888$157,091$0$547,792
60$1,271,790$75,732$0$507,257
61$1,309,650$0$0$474,924
62$1,348,479$0$0$445,995
63$1,388,283$0$0$459,043
64$1,429,069$0$0$472,399
65$1,470,838$0$0$486,063
66$1,513,593$0$0$500,034
67$1,557,329$0$0$514,308
68$1,602,041$0$0$528,882
69$1,647,719$0$0$543,748
70$1,694,346$0$0$558,899
71$1,741,905$0$0$574,326
72$1,790,369$0$0$590,017
73$1,839,706$0$0$605,958
74$1,889,877$0$0$622,131
75$1,940,835$0$0$638,515
76$1,992,523$0$0$655,089
77$2,044,876$0$0$671,823
78$2,097,816$0$0$688,687
79$2,151,254$0$0$705,643
80$2,205,085$0$0$722,650
81$2,259,190$0$0$739,661
82$2,313,434$0$0$756,620
83$2,367,661$0$0$773,467
84$2,421,693$0$0$790,132
85$2,475,332$0$0$806,537
86$2,528,351$0$0$822,593
87$2,580,494$0$0$838,201
88$2,631,475$0$0$853,250
89$2,680,970$0$0$867,614
90$2,728,619$0$0$881,155
91$2,774,014$0$0$893,716
92$2,816,703$0$0$905,123
93$2,856,178$0$0$915,180
94$2,891,873$0$0$923,673
95$2,923,156$0$0$930,359
96$2,949,324$0$0$934,969
97$2,969,593$0$0$937,206
98$2,983,091$0$0$936,737
99$2,988,851$0$0$933,195
100$2,985,795$0$0$926,170