Can I retire at age 45 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$61,026$60,482$59,952$59,434$58,929$57,834
2 years$30,211$29,648$29,103$28,574$28,061$26,962
3 years$19,941$19,375$18,832$18,308$17,803$16,734
4 years$14,806$14,243$13,705$13,190$12,697$11,667
5 years$11,727$11,167$10,635$10,131$9,652$8,663
6 years$9,674$9,118$8,595$8,102$7,638$6,691
7 years$8,209$7,658$7,142$6,661$6,211$5,307
8 years$7,110$6,564$6,057$5,588$5,153$4,291
9 years$6,256$5,715$5,217$4,759$4,340$3,520
10 years$5,573$5,038$4,548$4,103$3,698$2,919
11 years$5,015$4,485$4,004$3,571$3,180$2,442
12 years$4,550$4,025$3,554$3,132$2,756$2,057
13 years$4,157$3,638$3,175$2,765$2,403$1,742
14 years$3,820$3,307$2,853$2,454$2,106$1,482
15 years$3,529$3,021$2,576$2,189$1,855$1,266
16 years$3,274$2,771$2,335$1,960$1,639$1,085
17 years$3,049$2,552$2,125$1,761$1,453$932
18 years$2,850$2,358$1,940$1,587$1,292$803
19 years$2,672$2,186$1,776$1,434$1,152$693
20 years$2,512$2,031$1,630$1,299$1,029$599
21 years$2,367$1,892$1,499$1,179$921$518
22 years$2,235$1,766$1,382$1,072$825$449
23 years$2,116$1,652$1,276$976$741$390
24 years$2,006$1,548$1,180$890$666$338
25 years$1,905$1,452$1,093$813$599$294
26 years$1,812$1,365$1,013$743$540$256
27 years$1,727$1,285$941$680$487$222
28 years$1,647$1,210$875$623$439$194
29 years$1,573$1,142$814$572$396$169
30 years$1,504$1,078$758$525$358$147
31 years$1,440$1,019$707$482$324$128
32 years$1,380$965$660$443$293$112
33 years$1,323$913$616$407$265$97
34 years$1,270$866$575$375$240$85
35 years$1,221$821$538$345$217$74
36 years$1,174$779$503$318$197$65
37 years$1,129$740$471$293$179$56
38 years$1,088$704$441$270$162$49
39 years$1,048$669$413$249$147$43
40 years$1,010$636$387$229$133$37
41 years$975$606$363$212$121$33
42 years$941$577$341$195$110$29
43 years$909$550$320$180$99$25
44 years$878$524$300$167$90$22
45 years$849$500$282$154$82$19
46 years$821$477$265$142$74$17
47 years$794$455$249$131$68$14
48 years$769$434$234$121$61$13
49 years$745$415$220$112$56$11
50 years$722$396$206$104$51$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $739,000, adding $4,026 every year, while hoping to spend $24,186 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: 75/9/16 Blend
44$739,000$739,000$739,000$739,000
45$818,531$779,364$767,909$876,719
46$876,287$791,819$767,901$928,207
47$939,124$804,074$767,081$981,233
48$1,007,534$816,093$765,398$1,038,703
49$1,082,060$827,838$762,796$1,101,051
50$1,163,297$839,270$759,217$1,168,758
51$1,251,904$850,344$754,600$1,242,352
52$1,348,601$861,014$748,882$1,322,416
53$1,454,185$871,230$741,997$1,409,591
54$1,569,531$880,940$733,873$1,504,586
55$1,695,604$890,087$724,438$1,608,178
56$1,833,465$898,610$713,616$1,721,227
57$1,984,282$906,446$701,326$1,844,680
58$2,149,342$913,525$687,484$1,979,581
59$2,330,063$919,775$672,002$2,127,077
60$2,528,003$925,119$654,788$2,288,438
61$2,744,882$929,472$635,747$2,465,059
62$2,982,593$932,749$614,776$2,658,479
63$3,243,218$934,854$591,772$2,870,396
64$3,529,053$935,689$566,624$3,102,678
65$3,842,627$935,149$539,216$3,357,386
66$4,186,725$933,120$509,430$3,636,791
67$4,564,413$929,485$477,138$3,943,397
68$4,979,070$924,117$442,209$4,279,963
69$5,434,419$916,883$404,507$4,649,530
70$5,934,559$907,639$363,887$5,055,449
71$6,484,007$896,237$320,200$5,501,414
72$7,087,739$882,515$273,290$5,991,498
73$7,751,235$866,306$222,992$6,530,187
74$8,480,536$847,429$169,137$7,122,428
75$9,282,293$825,696$111,546$7,773,672
76$10,163,837$800,905$50,033$8,489,928
77$11,133,244$772,844$0$9,277,817
78$12,199,409$741,288$0$10,147,306
79$13,372,137$705,999$0$11,113,060
80$14,662,226$666,725$0$12,175,433
81$16,081,579$623,200$0$13,344,235
82$17,643,305$575,142$0$14,630,274
83$19,361,851$522,253$0$16,045,464
84$21,253,135$464,219$0$17,602,930
85$23,334,697$400,707$0$19,317,135
86$25,625,860$331,366$0$21,204,020
87$28,147,919$255,824$0$23,281,149
88$30,924,337$173,690$0$25,567,875
89$33,980,968$84,549$0$28,085,529
90$37,346,299$0$0$30,857,613
91$41,051,721$0$0$33,911,221
92$45,131,823$0$0$37,282,857
93$49,624,720$0$0$40,995,651
94$54,572,409$0$0$45,084,312
95$60,021,172$0$0$49,587,091
96$66,022,002$0$0$54,546,134
97$72,631,096$0$0$60,007,887
98$79,910,374$0$0$66,023,527
99$87,928,073$0$0$72,649,449
100$96,759,383$0$0$79,947,799