Can I retire at age 45 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$62,099$61,546$61,007$60,480$59,966$58,069
2 years$30,742$30,170$29,615$29,077$28,555$26,662
3 years$20,291$19,716$19,163$18,630$18,116$16,286
4 years$15,067$14,494$13,946$13,422$12,921$11,166
5 years$11,933$11,363$10,822$10,309$9,822$8,149
6 years$9,844$9,279$8,746$8,244$7,772$6,181
7 years$8,353$7,792$7,268$6,778$6,321$4,812
8 years$7,235$6,679$6,164$5,686$5,244$3,817
9 years$6,366$5,816$5,309$4,843$4,416$3,069
10 years$5,671$5,126$4,628$4,175$3,763$2,493
11 years$5,103$4,564$4,075$3,633$3,236$2,042
12 years$4,630$4,096$3,616$3,187$2,804$1,683
13 years$4,230$3,702$3,231$2,814$2,445$1,395
14 years$3,888$3,365$2,903$2,498$2,144$1,160
15 years$3,591$3,074$2,621$2,227$1,887$968
16 years$3,332$2,820$2,376$1,994$1,668$811
17 years$3,103$2,597$2,162$1,792$1,479$680
18 years$2,900$2,400$1,974$1,615$1,315$572
19 years$2,719$2,224$1,807$1,459$1,172$481
20 years$2,556$2,067$1,658$1,322$1,047$406
21 years$2,409$1,925$1,525$1,199$937$342
22 years$2,275$1,797$1,406$1,091$840$289
23 years$2,153$1,681$1,298$993$754$244
24 years$2,041$1,575$1,201$906$678$207
25 years$1,939$1,478$1,112$827$610$175
26 years$1,844$1,389$1,031$756$549$148
27 years$1,757$1,307$958$692$495$126
28 years$1,676$1,232$890$634$447$106
29 years$1,601$1,162$828$582$403$90
30 years$1,531$1,097$772$534$365$76
31 years$1,465$1,037$719$490$330$65
32 years$1,404$982$671$451$298$55
33 years$1,347$930$627$414$270$47
34 years$1,293$881$586$381$244$40
35 years$1,242$836$547$351$221$34
36 years$1,194$793$512$323$200$28
37 years$1,149$753$479$298$182$24
38 years$1,107$716$449$275$165$20
39 years$1,066$681$421$253$149$17
40 years$1,028$648$394$233$135$15
41 years$992$617$370$215$123$13
42 years$957$587$347$199$112$11
43 years$925$559$325$184$101$9
44 years$893$533$305$169$92$8
45 years$864$509$287$156$83$7
46 years$835$485$269$145$76$6
47 years$808$463$253$134$69$5
48 years$783$442$238$123$62$4
49 years$758$422$224$114$57$3
50 years$734$403$210$105$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $752,000, adding $6,360 every year, while hoping to spend $26,551 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: 54/23/23 Blend
44$752,000$752,000$752,000$752,000
45$835,264$795,408$783,752$874,773
46$892,211$806,133$781,758$913,353
47$954,077$816,494$778,807$952,032
48$1,021,335$826,444$774,839$993,581
49$1,094,506$835,935$769,792$1,038,284
50$1,174,165$844,915$763,598$1,086,454
51$1,260,941$853,327$756,190$1,138,436
52$1,355,529$861,112$747,495$1,194,612
53$1,458,693$868,207$737,436$1,255,403
54$1,571,274$874,544$725,935$1,321,275
55$1,694,198$880,050$712,908$1,392,741
56$1,828,484$884,651$698,268$1,470,369
57$1,975,254$888,263$681,924$1,554,785
58$2,135,743$890,800$663,781$1,646,681
59$2,311,310$892,171$643,739$1,746,819
60$2,503,453$892,277$621,694$1,856,044
61$2,713,822$891,015$597,537$1,975,285
62$2,944,230$888,274$571,154$2,105,569
63$3,196,679$883,936$542,425$2,248,029
64$3,473,370$877,879$511,226$2,403,916
65$3,776,729$869,970$477,426$2,574,611
66$4,109,425$860,068$440,890$2,761,638
67$4,474,403$848,028$401,476$2,966,677
68$4,874,901$833,690$359,034$3,191,583
69$5,314,489$816,889$313,410$3,438,405
70$5,797,099$797,449$264,442$3,709,401
71$6,327,062$775,183$211,960$4,007,063
72$6,909,149$749,894$155,787$4,334,141
73$7,548,616$721,372$95,740$4,693,667
74$8,251,253$689,397$31,625$5,088,990
75$9,023,438$653,735$0$5,523,799
76$9,872,199$614,138$0$6,011,199
77$10,805,276$570,344$0$6,555,519
78$11,831,200$522,077$0$7,154,000
79$12,959,368$469,044$0$7,812,162
80$14,200,133$410,936$0$8,536,091
81$15,564,901$347,426$0$9,332,496
82$17,066,240$278,170$0$10,208,773
83$18,717,999$202,802$0$11,173,072
84$20,535,433$120,938$0$12,234,381
85$22,535,354$32,171$0$13,402,604
86$24,736,284$0$0$14,688,659
87$27,158,632$0$0$16,120,762
88$29,824,885$0$0$17,706,111
89$32,759,823$0$0$19,451,308
90$35,990,748$0$0$21,372,599
91$39,547,744$0$0$23,487,886
92$43,463,960$0$0$25,816,893
93$47,775,925$0$0$28,381,357
94$52,523,887$0$0$31,205,226
95$57,752,198$0$0$34,314,893
96$63,509,730$0$0$37,739,438
97$69,850,334$0$0$41,510,905
98$76,833,352$0$0$45,664,607
99$84,524,173$0$0$50,239,454
100$92,994,854$0$0$55,278,322