Can I retire at age 45 with 753,000?

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 $753,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$62,182$61,628$61,088$60,560$60,045$59,642
2 years$30,783$30,210$29,654$29,116$28,593$28,186
3 years$20,318$19,742$19,188$18,655$18,141$17,743
4 years$15,087$14,513$13,964$13,440$12,938$12,553
5 years$11,949$11,378$10,837$10,323$9,835$9,463
6 years$9,857$9,291$8,758$8,255$7,782$7,424
7 years$8,364$7,803$7,278$6,787$6,329$5,985
8 years$7,245$6,688$6,172$5,694$5,251$4,920
9 years$6,375$5,823$5,316$4,850$4,422$4,105
10 years$5,679$5,133$4,635$4,180$3,768$3,465
11 years$5,110$4,570$4,080$3,638$3,240$2,951
12 years$4,636$4,101$3,621$3,191$2,808$2,532
13 years$4,236$3,707$3,235$2,817$2,449$2,186
14 years$3,893$3,369$2,907$2,501$2,146$1,896
15 years$3,596$3,078$2,624$2,230$1,890$1,652
16 years$3,336$2,824$2,379$1,997$1,670$1,445
17 years$3,107$2,601$2,165$1,794$1,481$1,267
18 years$2,904$2,403$1,977$1,617$1,317$1,114
19 years$2,722$2,227$1,809$1,461$1,174$982
20 years$2,559$2,070$1,661$1,323$1,048$867
21 years$2,412$1,928$1,527$1,201$938$767
22 years$2,278$1,799$1,408$1,092$841$679
23 years$2,156$1,683$1,300$995$755$603
24 years$2,044$1,577$1,202$907$678$535
25 years$1,941$1,480$1,113$828$611$476
26 years$1,847$1,391$1,033$757$550$423
27 years$1,759$1,309$959$693$496$377
28 years$1,678$1,233$891$635$447$336
29 years$1,603$1,164$830$583$404$299
30 years$1,533$1,099$773$535$365$267
31 years$1,467$1,039$720$491$330$238
32 years$1,406$983$672$451$299$213
33 years$1,349$931$628$415$270$190
34 years$1,295$882$586$382$245$170
35 years$1,244$837$548$351$222$152
36 years$1,196$794$513$324$201$136
37 years$1,151$754$480$298$182$121
38 years$1,108$717$449$275$165$109
39 years$1,068$682$421$253$150$97
40 years$1,029$649$395$234$136$87
41 years$993$617$370$216$123$78
42 years$959$588$347$199$112$70
43 years$926$560$326$184$101$62
44 years$895$534$306$170$92$56
45 years$865$509$287$157$84$50
46 years$837$486$270$145$76$45
47 years$809$464$253$134$69$40
48 years$784$443$238$124$63$36
49 years$759$423$224$114$57$32
50 years$735$404$210$106$52$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $753,000, adding $4,373 every year, while hoping to spend $22,899 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: 49/24/27 Blend
44$753,000$753,000$753,000$753,000
45$834,317$794,408$782,736$868,614
46$895,053$808,969$784,594$907,638
47$961,216$823,477$785,746$947,393
48$1,033,337$837,904$786,145$990,137
49$1,111,997$852,221$785,740$1,036,161
50$1,197,838$866,398$784,480$1,085,791
51$1,291,567$880,400$782,309$1,139,383
52$1,393,959$894,192$779,169$1,197,332
53$1,505,871$907,735$774,999$1,260,074
54$1,628,244$920,989$769,736$1,328,089
55$1,762,116$933,908$763,313$1,401,907
56$1,908,628$946,446$755,661$1,482,114
57$2,069,038$958,552$746,705$1,569,355
58$2,244,730$970,171$736,370$1,664,343
59$2,437,230$981,247$724,575$1,767,864
60$2,648,215$991,716$711,237$1,880,787
61$2,879,537$1,001,513$696,267$2,004,069
62$3,133,231$1,010,569$679,573$2,138,767
63$3,411,541$1,018,807$661,059$2,286,046
64$3,716,939$1,026,149$640,625$2,447,193
65$4,052,146$1,032,510$618,165$2,623,627
66$4,420,160$1,037,799$593,570$2,816,914
67$4,824,285$1,041,919$566,723$3,028,780
68$5,268,159$1,044,770$537,505$3,261,132
69$5,755,789$1,046,242$505,789$3,516,070
70$6,291,592$1,046,219$471,445$3,795,915
71$6,880,430$1,044,581$434,335$4,103,222
72$7,527,664$1,041,195$394,315$4,440,814
73$8,239,197$1,035,924$351,235$4,811,801
74$9,021,533$1,028,622$304,939$5,219,615
75$9,881,838$1,019,134$255,264$5,668,041
76$10,828,008$1,007,294$202,037$6,161,254
77$11,868,741$992,927$145,082$6,703,857
78$13,013,621$975,850$84,211$7,300,926
79$14,273,209$955,865$19,231$7,958,061
80$15,659,139$932,765$0$8,681,435
81$17,184,231$906,330$0$9,492,295
82$18,862,609$876,327$0$10,390,559
83$20,709,839$842,511$0$11,379,024
84$22,743,068$804,619$0$12,466,884
85$24,981,192$762,377$0$13,664,272
86$27,445,033$715,492$0$14,982,357
87$30,157,531$663,657$0$16,433,449
88$33,143,967$606,544$0$18,031,116
89$36,432,197$543,809$0$19,790,312
90$40,052,913$475,088$0$21,727,519
91$44,039,939$399,996$0$23,860,902
92$48,430,542$318,125$0$26,210,483
93$53,265,790$229,046$0$28,798,328
94$58,590,937$132,306$0$31,648,759
95$64,455,848$27,424$0$34,788,580
96$70,915,472$0$0$38,247,335
97$78,030,359$0$0$42,080,325
98$85,867,232$0$0$46,310,363
99$94,499,616$0$0$50,969,906
100$104,008,532$0$0$56,102,704