Can I retire at age 45 with 751,000?

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 $751,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$62,017$61,464$60,926$60,399$59,886$59,608
2 years$30,701$30,130$29,575$29,038$28,517$28,237
3 years$20,264$19,690$19,137$18,605$18,092$17,818
4 years$15,047$14,474$13,927$13,404$12,904$12,638
5 years$11,917$11,348$10,808$10,295$9,809$9,552
6 years$9,831$9,266$8,734$8,233$7,762$7,514
7 years$8,342$7,782$7,258$6,769$6,312$6,074
8 years$7,226$6,671$6,156$5,678$5,237$5,008
9 years$6,358$5,808$5,302$4,837$4,410$4,191
10 years$5,664$5,119$4,622$4,169$3,758$3,548
11 years$5,096$4,558$4,069$3,629$3,232$3,031
12 years$4,624$4,091$3,611$3,183$2,800$2,609
13 years$4,224$3,697$3,227$2,810$2,442$2,259
14 years$3,882$3,360$2,899$2,494$2,141$1,966
15 years$3,586$3,070$2,618$2,224$1,885$1,719
16 years$3,327$2,816$2,373$1,992$1,666$1,508
17 years$3,099$2,594$2,159$1,790$1,477$1,327
18 years$2,896$2,397$1,971$1,613$1,313$1,171
19 years$2,715$2,221$1,805$1,457$1,171$1,036
20 years$2,552$2,064$1,656$1,320$1,046$918
21 years$2,405$1,923$1,523$1,198$936$815
22 years$2,272$1,795$1,404$1,089$839$725
23 years$2,150$1,679$1,296$992$753$645
24 years$2,039$1,573$1,199$905$677$575
25 years$1,936$1,476$1,110$826$609$513
26 years$1,842$1,387$1,030$755$548$458
27 years$1,755$1,305$956$691$495$410
28 years$1,674$1,230$889$634$446$366
29 years$1,599$1,160$827$581$403$328
30 years$1,529$1,096$771$533$364$294
31 years$1,463$1,036$718$490$329$263
32 years$1,402$980$670$450$298$236
33 years$1,345$928$626$414$269$212
34 years$1,291$880$585$381$244$190
35 years$1,240$835$547$351$221$170
36 years$1,193$792$511$323$200$153
37 years$1,148$752$479$297$181$137
38 years$1,105$715$448$274$165$123
39 years$1,065$680$420$253$149$111
40 years$1,027$647$394$233$135$100
41 years$991$616$369$215$123$90
42 years$956$586$346$199$111$81
43 years$923$559$325$183$101$72
44 years$892$533$305$169$92$65
45 years$863$508$286$156$83$59
46 years$834$484$269$144$76$53
47 years$807$462$253$133$69$47
48 years$782$441$237$123$62$43
49 years$757$421$223$114$57$38
50 years$733$403$210$105$51$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $751,000, adding $3,352 every year, while hoping to spend $24,083 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: 27/45/28 Blend
44$751,000$751,000$751,000$751,000
45$831,060$791,257$779,616$846,188
46$890,204$804,404$780,109$871,849
47$954,573$817,389$779,811$897,092
48$1,024,676$830,177$778,671$923,707
49$1,101,070$842,733$776,634$951,825
50$1,184,370$855,018$773,643$981,596
51$1,275,254$866,992$769,638$1,013,185
52$1,374,465$878,609$764,555$1,046,773
53$1,482,823$889,824$758,331$1,082,564
54$1,601,231$900,585$750,895$1,120,782
55$1,730,682$910,840$742,176$1,161,677
56$1,872,270$920,529$732,097$1,205,526
57$2,027,200$929,593$720,580$1,252,634
58$2,196,797$937,966$707,542$1,303,343
59$2,382,521$945,578$692,896$1,358,027
60$2,585,982$952,354$676,552$1,417,105
61$2,808,950$958,217$658,414$1,481,039
62$3,053,375$963,082$638,383$1,550,341
63$3,321,405$966,859$616,355$1,625,578
64$3,615,408$969,454$592,222$1,707,377
65$3,937,987$970,766$565,869$1,796,434
66$4,292,015$970,686$537,179$1,893,517
67$4,680,653$969,102$506,027$1,999,479
68$5,107,384$965,893$472,283$2,115,259
69$5,576,044$960,929$435,812$2,241,901
70$6,090,861$954,074$396,471$2,380,557
71$6,656,490$945,185$354,114$2,532,501
72$7,278,060$934,107$308,585$2,699,142
73$7,961,223$920,679$259,723$2,882,038
74$8,712,203$904,728$207,360$3,082,912
75$9,537,860$886,072$151,318$3,303,668
76$10,445,750$864,517$91,416$3,546,409
77$11,444,197$839,860$27,459$3,813,461
78$12,542,376$811,883$0$4,107,392
79$13,750,391$780,358$0$4,443,230
80$15,079,377$745,042$0$4,821,468
81$16,541,604$705,679$0$5,237,423
82$18,150,587$661,997$0$5,694,989
83$19,921,221$613,709$0$6,198,462
84$21,869,917$560,513$0$6,752,580
85$24,014,758$502,087$0$7,362,571
86$26,375,666$438,092$0$8,034,204
87$28,974,596$368,171$0$8,773,840
88$31,835,739$291,945$0$9,588,498
89$34,985,749$209,015$0$10,485,921
90$38,453,996$118,958$0$11,474,646
91$42,272,846$21,328$0$12,564,093
92$46,477,959$0$0$13,764,649
93$51,108,632$0$0$15,129,537
94$56,208,166$0$0$16,644,416
95$61,824,277$0$0$18,312,921
96$68,009,541$0$0$20,150,693
97$74,821,896$0$0$22,174,968
98$82,325,186$0$0$24,404,739
99$90,589,763$0$0$26,860,937
100$99,693,150$0$0$29,566,625