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%12.7%
1 years$61,934$61,383$60,844$60,319$59,806$59,132
2 years$30,661$30,090$29,536$29,000$28,479$27,801
3 years$20,237$19,664$19,112$18,580$18,068$17,407
4 years$15,027$14,455$13,909$13,386$12,886$12,246
5 years$11,901$11,333$10,794$10,282$9,796$9,179
6 years$9,818$9,254$8,723$8,222$7,751$7,159
7 years$8,331$7,772$7,249$6,760$6,304$5,736
8 years$7,216$6,662$6,147$5,671$5,230$4,686
9 years$6,349$5,800$5,295$4,830$4,404$3,885
10 years$5,656$5,113$4,616$4,164$3,753$3,257
11 years$5,090$4,551$4,064$3,624$3,227$2,756
12 years$4,618$4,085$3,607$3,179$2,797$2,348
13 years$4,219$3,692$3,222$2,806$2,439$2,012
14 years$3,877$3,356$2,895$2,491$2,138$1,733
15 years$3,581$3,066$2,614$2,222$1,882$1,499
16 years$3,323$2,813$2,370$1,989$1,664$1,301
17 years$3,095$2,590$2,157$1,787$1,475$1,132
18 years$2,892$2,394$1,969$1,611$1,312$988
19 years$2,712$2,218$1,802$1,455$1,169$864
20 years$2,549$2,061$1,654$1,318$1,044$757
21 years$2,402$1,920$1,521$1,196$934$664
22 years$2,269$1,792$1,402$1,088$838$583
23 years$2,147$1,676$1,295$991$752$513
24 years$2,036$1,571$1,197$903$676$452
25 years$1,934$1,474$1,109$825$608$398
26 years$1,839$1,385$1,029$754$548$351
27 years$1,752$1,304$955$691$494$310
28 years$1,672$1,228$888$633$446$274
29 years$1,597$1,159$826$580$402$242
30 years$1,527$1,094$770$532$364$214
31 years$1,461$1,035$717$489$329$189
32 years$1,400$979$669$449$297$167
33 years$1,343$927$625$413$269$148
34 years$1,289$879$584$380$244$131
35 years$1,239$833$546$350$221$116
36 years$1,191$791$511$322$200$103
37 years$1,146$751$478$297$181$91
38 years$1,104$714$448$274$164$81
39 years$1,063$679$419$252$149$72
40 years$1,025$646$393$233$135$63
41 years$989$615$369$215$123$56
42 years$955$586$346$198$111$50
43 years$922$558$324$183$101$44
44 years$891$532$305$169$92$39
45 years$861$507$286$156$83$35
46 years$833$484$269$144$76$31
47 years$806$462$252$133$69$27
48 years$780$441$237$123$62$24
49 years$756$421$223$114$57$22
50 years$732$402$210$105$51$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $750,000, adding $6,165 every year, while hoping to spend $32,504 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: 74/16/10 Blend
44$750,000$750,000$750,000$750,000
45$832,859$793,109$781,484$892,511
46$883,227$797,388$773,080$936,983
47$937,643$800,786$763,305$981,012
48$996,485$803,228$752,078$1,028,344
49$1,060,170$804,629$739,317$1,079,295
50$1,129,156$804,904$724,932$1,134,214
51$1,203,945$803,960$708,832$1,193,487
52$1,285,090$801,696$690,921$1,257,539
53$1,373,199$798,010$671,097$1,326,837
54$1,468,943$792,790$649,256$1,401,897
55$1,573,056$785,917$625,287$1,483,290
56$1,686,348$777,268$599,074$1,571,641
57$1,809,711$766,709$570,499$1,667,644
58$1,944,124$754,101$539,433$1,772,062
59$2,090,667$739,294$505,746$1,885,735
60$2,250,527$722,131$469,301$2,009,591
61$2,425,011$702,446$429,953$2,144,655
62$2,615,557$680,061$387,551$2,292,053
63$2,823,750$654,790$341,941$2,453,030
64$3,051,333$626,435$292,956$2,628,957
65$3,300,226$594,787$240,427$2,821,348
66$3,572,541$559,624$184,174$3,031,871
67$3,870,608$520,713$124,011$3,262,365
68$4,196,987$477,806$59,742$3,514,859
69$4,554,502$430,640$0$3,791,588
70$4,946,261$378,941$0$4,095,964
71$5,375,685$322,415$0$4,436,625
72$5,846,545$260,753$0$4,810,214
73$6,362,993$193,631$0$5,220,060
74$6,929,602$120,702$0$5,669,836
75$7,551,409$41,604$0$6,163,588
76$8,233,962$0$0$6,705,776
77$8,983,374$0$0$7,309,071
78$9,806,376$0$0$7,979,687
79$10,710,385$0$0$8,716,347
80$11,703,572$0$0$9,525,711
81$12,794,937$0$0$10,415,120
82$13,994,395$0$0$11,392,659
83$15,312,871$0$0$12,467,236
84$16,762,399$0$0$13,648,664
85$18,356,239$0$0$14,947,756
86$20,109,000$0$0$16,376,423
87$22,036,775$0$0$17,947,790
88$24,157,298$0$0$19,676,317
89$26,490,106$0$0$21,577,936
90$29,056,728$0$0$23,670,202
91$31,880,880$0$0$25,972,455
92$34,988,697$0$0$28,506,006
93$38,408,975$0$0$31,294,337
94$42,173,441$0$0$34,363,320
95$46,317,056$0$0$37,741,464
96$50,878,339$0$0$41,460,181
97$55,899,738$0$0$45,554,083
98$61,428,021$0$0$50,061,310
99$67,514,723$0$0$55,023,886
100$74,216,633$0$0$60,488,119