Can I retire at age 45 with 747,000?

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 $747,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$61,687$61,137$60,601$60,078$59,567$58,652
2 years$30,538$29,969$29,418$28,884$28,365$27,446
3 years$20,156$19,585$19,035$18,506$17,996$17,101
4 years$14,967$14,397$13,853$13,333$12,835$11,971
5 years$11,854$11,288$10,750$10,241$9,757$8,926
6 years$9,779$9,217$8,688$8,190$7,720$6,924
7 years$8,298$7,741$7,220$6,733$6,279$5,517
8 years$7,187$6,635$6,123$5,648$5,209$4,481
9 years$6,324$5,777$5,274$4,811$4,387$3,693
10 years$5,634$5,092$4,598$4,147$3,738$3,078
11 years$5,069$4,533$4,048$3,609$3,214$2,587
12 years$4,599$4,069$3,592$3,166$2,786$2,191
13 years$4,202$3,677$3,209$2,795$2,429$1,865
14 years$3,862$3,342$2,884$2,481$2,129$1,596
15 years$3,567$3,053$2,604$2,213$1,875$1,371
16 years$3,309$2,801$2,361$1,981$1,657$1,181
17 years$3,082$2,580$2,148$1,780$1,469$1,021
18 years$2,881$2,384$1,961$1,604$1,306$884
19 years$2,701$2,209$1,795$1,450$1,164$768
20 years$2,539$2,053$1,647$1,313$1,040$668
21 years$2,392$1,912$1,515$1,191$931$581
22 years$2,260$1,785$1,397$1,083$834$507
23 years$2,139$1,670$1,289$987$749$442
24 years$2,028$1,564$1,193$900$673$387
25 years$1,926$1,468$1,105$822$606$338
26 years$1,832$1,380$1,024$751$546$296
27 years$1,745$1,298$951$688$492$259
28 years$1,665$1,224$884$630$444$227
29 years$1,590$1,154$823$578$401$199
30 years$1,521$1,090$767$530$362$174
31 years$1,456$1,030$715$487$327$153
32 years$1,395$975$667$448$296$134
33 years$1,338$923$623$412$268$118
34 years$1,284$875$582$379$243$103
35 years$1,234$830$544$349$220$91
36 years$1,186$788$509$321$199$80
37 years$1,142$748$476$296$180$70
38 years$1,099$711$446$273$164$62
39 years$1,059$676$418$251$148$54
40 years$1,021$643$392$232$135$48
41 years$985$612$367$214$122$42
42 years$951$583$344$197$111$37
43 years$919$556$323$182$101$32
44 years$888$530$303$168$91$28
45 years$858$505$285$155$83$25
46 years$830$482$268$144$75$22
47 years$803$460$251$133$68$19
48 years$777$439$236$123$62$17
49 years$753$419$222$113$56$15
50 years$729$400$209$105$51$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $747,000, adding $4,709 every year, while hoping to spend $57,123 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: 70/5/25 Blend
44$747,000$747,000$747,000$747,000
45$828,051$788,460$776,882$880,441
46$851,734$766,316$742,129$893,966
47$875,918$741,173$704,297$901,685
48$900,594$712,823$663,223$908,783
49$925,750$681,046$618,737$915,195
50$951,370$645,611$570,658$920,851
51$977,437$606,273$518,802$925,675
52$1,003,926$562,771$462,973$929,586
53$1,030,811$514,832$402,967$932,497
54$1,058,060$462,165$338,573$934,312
55$1,085,635$404,463$269,567$934,929
56$1,113,491$341,404$195,719$934,237
57$1,141,578$272,643$116,787$932,118
58$1,169,837$197,821$32,517$928,440
59$1,198,200$116,554$0$923,066
60$1,226,592$28,440$0$931,157
61$1,254,924$0$0$947,489
62$1,283,097$0$0$966,960
63$1,310,999$0$0$987,765
64$1,338,503$0$0$1,008,240
65$1,365,467$0$0$1,028,275
66$1,391,731$0$0$1,047,746
67$1,417,113$0$0$1,066,512
68$1,441,412$0$0$1,084,417
69$1,464,401$0$0$1,101,285
70$1,485,829$0$0$1,116,921
71$1,505,412$0$0$1,131,106
72$1,522,835$0$0$1,143,596
73$1,537,748$0$0$1,154,119
74$1,549,758$0$0$1,162,373
75$1,558,431$0$0$1,168,021
76$1,563,283$0$0$1,170,687
77$1,563,775$0$0$1,169,957
78$1,559,310$0$0$1,165,368
79$1,549,224$0$0$1,156,407
80$1,532,782$0$0$1,142,506
81$1,509,167$0$0$1,123,033
82$1,477,475$0$0$1,097,290
83$1,436,703$0$0$1,064,501
84$1,385,740$0$0$1,023,810
85$1,323,358$0$0$974,267
86$1,248,196$0$0$914,819
87$1,158,748$0$0$844,306
88$1,053,347$0$0$761,439
89$930,153$0$0$664,797
90$787,128$0$0$552,807
91$622,021$0$0$423,730
92$432,342$0$0$275,645
93$215,343$0$0$106,429
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0