Can I retire at age 45 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$61,934$61,383$60,844$60,319$59,806$59,206
2 years$30,661$30,090$29,536$29,000$28,479$27,875
3 years$20,237$19,664$19,112$18,580$18,068$17,478
4 years$15,027$14,455$13,909$13,386$12,886$12,316
5 years$11,901$11,333$10,794$10,282$9,796$9,246
6 years$9,818$9,254$8,723$8,222$7,751$7,222
7 years$8,331$7,772$7,249$6,760$6,304$5,797
8 years$7,216$6,662$6,147$5,671$5,230$4,744
9 years$6,349$5,800$5,295$4,830$4,404$3,940
10 years$5,656$5,113$4,616$4,164$3,753$3,309
11 years$5,090$4,551$4,064$3,624$3,227$2,805
12 years$4,618$4,085$3,607$3,179$2,797$2,394
13 years$4,219$3,692$3,222$2,806$2,439$2,056
14 years$3,877$3,356$2,895$2,491$2,138$1,775
15 years$3,581$3,066$2,614$2,222$1,882$1,538
16 years$3,323$2,813$2,370$1,989$1,664$1,337
17 years$3,095$2,590$2,157$1,787$1,475$1,166
18 years$2,892$2,394$1,969$1,611$1,312$1,020
19 years$2,712$2,218$1,802$1,455$1,169$894
20 years$2,549$2,061$1,654$1,318$1,044$784
21 years$2,402$1,920$1,521$1,196$934$690
22 years$2,269$1,792$1,402$1,088$838$607
23 years$2,147$1,676$1,295$991$752$535
24 years$2,036$1,571$1,197$903$676$473
25 years$1,934$1,474$1,109$825$608$417
26 years$1,839$1,385$1,029$754$548$369
27 years$1,752$1,304$955$691$494$327
28 years$1,672$1,228$888$633$446$289
29 years$1,597$1,159$826$580$402$256
30 years$1,527$1,094$770$532$364$227
31 years$1,461$1,035$717$489$329$201
32 years$1,400$979$669$449$297$179
33 years$1,343$927$625$413$269$158
34 years$1,289$879$584$380$244$141
35 years$1,239$833$546$350$221$125
36 years$1,191$791$511$322$200$111
37 years$1,146$751$478$297$181$98
38 years$1,104$714$448$274$164$87
39 years$1,063$679$419$252$149$78
40 years$1,025$646$393$233$135$69
41 years$989$615$369$215$123$61
42 years$955$586$346$198$111$55
43 years$922$558$324$183$101$48
44 years$891$532$305$169$92$43
45 years$861$507$286$156$83$38
46 years$833$484$269$144$76$34
47 years$806$462$252$133$69$30
48 years$780$441$237$123$62$27
49 years$756$421$223$114$57$24
50 years$732$402$210$105$51$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $750,000, adding $4,877 every year, while hoping to spend $43,530 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: 66/5/29 Blend
44$750,000$750,000$750,000$750,000
45$831,531$791,781$780,156$879,742
46$870,031$784,262$759,975$905,383
47$911,000$774,917$737,660$928,118
48$954,642$763,608$713,092$952,023
49$1,001,184$750,193$686,149$977,218
50$1,050,872$734,520$656,702$1,003,837
51$1,103,976$716,427$624,617$1,032,027
52$1,160,794$695,743$589,753$1,061,953
53$1,221,649$672,289$551,965$1,093,798
54$1,286,899$645,873$511,097$1,127,765
55$1,356,935$616,293$466,991$1,164,081
56$1,432,186$583,335$419,478$1,202,997
57$1,513,122$546,772$368,385$1,244,791
58$1,600,263$506,365$313,527$1,289,772
59$1,694,174$461,862$254,716$1,338,283
60$1,795,482$412,995$191,750$1,390,705
61$1,904,870$359,481$124,423$1,447,459
62$2,023,093$301,022$52,518$1,509,012
63$2,150,979$237,302$0$1,575,883
64$2,289,437$167,988$0$1,656,138
65$2,439,468$92,728$0$1,760,750
66$2,602,172$11,150$0$1,874,230
67$2,778,759$0$0$1,997,437
68$2,970,560$0$0$2,135,561
69$3,179,038$0$0$2,286,404
70$3,405,803$0$0$2,450,523
71$3,652,628$0$0$2,629,206
72$3,921,460$0$0$2,823,870
73$4,214,446$0$0$3,036,073
74$4,533,946$0$0$3,267,533
75$4,882,558$0$0$3,520,137
76$5,263,142$0$0$3,795,966
77$5,678,846$0$0$4,097,307
78$6,133,137$0$0$4,426,681
79$6,629,829$0$0$4,786,862
80$7,173,124$0$0$5,180,904
81$7,767,647$0$0$5,612,171
82$8,418,491$0$0$6,084,365
83$9,131,266$0$0$6,601,566
84$9,912,148$0$0$7,168,263
85$10,767,939$0$0$7,789,404
86$11,706,130$0$0$8,470,436
87$12,734,972$0$0$9,217,358
88$13,863,553$0$0$10,036,778
89$15,101,881$0$0$10,935,976
90$16,460,984$0$0$11,922,968
91$17,953,003$0$0$13,006,587
92$19,591,319$0$0$14,196,561
93$21,390,666$0$0$15,503,605
94$23,367,280$0$0$16,939,527
95$25,539,043$0$0$18,517,331
96$27,925,658$0$0$20,251,345
97$30,548,828$0$0$22,157,354
98$33,432,467$0$0$24,252,747
99$36,602,918$0$0$26,556,684
100$40,089,206$0$0$29,090,272