Can I retire at age 45 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$60,778$60,237$59,709$59,193$58,690$56,383
2 years$30,088$29,528$28,985$28,458$27,947$25,652
3 years$19,860$19,297$18,755$18,233$17,731$15,519
4 years$14,746$14,185$13,649$13,136$12,646$10,534
5 years$11,679$11,121$10,592$10,090$9,613$7,607
6 years$9,635$9,081$8,560$8,069$7,607$5,707
7 years$8,175$7,627$7,113$6,634$6,186$4,392
8 years$7,081$6,537$6,033$5,565$5,132$3,443
9 years$6,231$5,692$5,196$4,740$4,322$2,734
10 years$5,551$5,017$4,530$4,086$3,683$2,194
11 years$4,995$4,467$3,988$3,556$3,167$1,773
12 years$4,532$4,009$3,539$3,119$2,745$1,442
13 years$4,140$3,623$3,162$2,754$2,393$1,179
14 years$3,805$3,293$2,841$2,444$2,098$967
15 years$3,515$3,008$2,565$2,180$1,847$796
16 years$3,261$2,760$2,326$1,952$1,633$657
17 years$3,037$2,542$2,116$1,754$1,448$543
18 years$2,838$2,349$1,932$1,581$1,287$450
19 years$2,661$2,177$1,769$1,428$1,147$373
20 years$2,501$2,023$1,623$1,293$1,025$309
21 years$2,357$1,884$1,493$1,174$917$257
22 years$2,226$1,759$1,376$1,067$822$214
23 years$2,107$1,645$1,271$972$738$178
24 years$1,998$1,541$1,175$887$663$148
25 years$1,898$1,446$1,088$810$597$123
26 years$1,805$1,359$1,009$740$538$103
27 years$1,720$1,279$937$678$485$86
28 years$1,640$1,206$871$621$437$71
29 years$1,567$1,137$811$569$395$60
30 years$1,498$1,074$755$523$357$50
31 years$1,434$1,015$704$480$323$41
32 years$1,374$961$657$441$292$35
33 years$1,318$910$613$406$264$29
34 years$1,265$862$573$373$239$24
35 years$1,216$818$536$344$217$20
36 years$1,169$776$501$316$196$17
37 years$1,125$737$469$291$178$14
38 years$1,083$701$439$269$161$12
39 years$1,044$666$412$248$146$10
40 years$1,006$634$386$228$133$8
41 years$971$603$362$211$120$7
42 years$937$575$339$195$109$6
43 years$905$548$318$180$99$5
44 years$874$522$299$166$90$4
45 years$845$498$281$153$82$3
46 years$818$475$264$141$74$3
47 years$791$453$248$131$67$2
48 years$766$433$233$121$61$2
49 years$742$413$219$112$56$2
50 years$719$395$206$103$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $736,000, adding $2,584 every year, while hoping to spend $38,190 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: 50/32/18 Blend
44$736,000$736,000$736,000$736,000
45$813,737$774,729$763,321$850,237
46$856,105$772,057$748,259$873,031
47$901,514$767,974$731,412$893,640
48$950,234$762,371$712,680$915,215
49$1,002,562$755,131$691,959$937,862
50$1,058,822$746,132$669,138$961,697
51$1,119,372$735,242$644,105$986,853
52$1,184,604$722,325$616,738$1,013,477
53$1,254,947$707,232$586,912$1,041,734
54$1,330,875$689,810$554,497$1,071,807
55$1,412,908$669,894$519,356$1,103,904
56$1,501,615$647,310$481,346$1,138,253
57$1,597,626$621,874$440,316$1,175,110
58$1,701,629$593,391$396,112$1,214,762
59$1,814,383$561,655$348,570$1,257,527
60$1,936,723$526,449$297,520$1,303,761
61$2,069,565$487,541$242,783$1,353,858
62$2,213,919$444,689$184,175$1,408,258
63$2,370,895$397,635$121,501$1,467,450
64$2,541,714$346,107$54,559$1,531,979
65$2,727,719$289,817$0$1,602,448
66$2,930,390$228,461$0$1,682,773
67$3,151,353$161,719$0$1,781,850
68$3,392,400$89,252$0$1,890,062
69$3,655,500$10,701$0$2,008,376
70$3,942,825$0$0$2,137,859
71$4,256,763$0$0$2,305,861
72$4,599,943$0$0$2,493,705
73$4,975,260$0$0$2,699,218
74$5,385,903$0$0$2,924,154
75$5,835,381$0$0$3,170,447
76$6,327,560$0$0$3,440,225
77$6,866,695$0$0$3,735,831
78$7,457,475$0$0$4,059,848
79$8,105,061$0$0$4,415,117
80$8,815,138$0$0$4,804,770
81$9,593,970$0$0$5,232,257
82$10,448,452$0$0$5,701,375
83$11,386,182$0$0$6,216,309
84$12,415,529$0$0$6,781,669
85$13,545,710$0$0$7,402,531
86$14,786,878$0$0$8,084,488
87$16,150,220$0$0$8,833,702
88$17,648,058$0$0$9,656,962
89$19,293,967$0$0$10,561,743
90$21,102,901$0$0$11,556,285
91$23,091,337$0$0$12,649,664
92$25,277,425$0$0$13,851,878
93$27,681,163$0$0$15,173,944
94$30,324,585$0$0$16,628,000
95$33,231,963$0$0$18,227,419
96$36,430,043$0$0$19,986,935
97$39,948,293$0$0$21,922,781
98$43,819,180$0$0$24,052,844
99$48,078,476$0$0$26,396,833
100$52,765,597$0$0$28,976,463