Can I retire at age 45 with 754,000?

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 $754,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$62,265$61,710$61,169$60,641$60,125$59,105
2 years$30,824$30,250$29,694$29,154$28,631$27,606
3 years$20,345$19,769$19,214$18,679$18,165$17,167
4 years$15,107$14,532$13,983$13,457$12,955$11,993
5 years$11,965$11,393$10,851$10,337$9,848$8,924
6 years$9,871$9,304$8,769$8,266$7,793$6,907
7 years$8,375$7,813$7,287$6,796$6,338$5,491
8 years$7,254$6,697$6,180$5,701$5,258$4,450
9 years$6,383$5,831$5,323$4,856$4,428$3,659
10 years$5,686$5,140$4,641$4,186$3,773$3,042
11 years$5,117$4,576$4,086$3,643$3,245$2,551
12 years$4,642$4,107$3,626$3,195$2,812$2,154
13 years$4,241$3,711$3,240$2,821$2,452$1,829
14 years$3,898$3,374$2,911$2,504$2,149$1,561
15 years$3,600$3,082$2,628$2,233$1,892$1,337
16 years$3,341$2,828$2,383$2,000$1,672$1,149
17 years$3,111$2,604$2,168$1,797$1,483$990
18 years$2,908$2,406$1,979$1,619$1,319$855
19 years$2,726$2,230$1,812$1,463$1,175$740
20 years$2,563$2,072$1,663$1,325$1,050$642
21 years$2,415$1,930$1,530$1,203$939$557
22 years$2,281$1,802$1,410$1,093$842$484
23 years$2,159$1,685$1,302$996$756$421
24 years$2,047$1,579$1,204$908$679$367
25 years$1,944$1,482$1,115$829$611$320
26 years$1,849$1,393$1,034$758$551$279
27 years$1,762$1,311$960$694$496$244
28 years$1,681$1,235$893$636$448$213
29 years$1,605$1,165$831$583$405$186
30 years$1,535$1,100$774$535$366$162
31 years$1,469$1,040$721$492$330$142
32 years$1,408$984$673$452$299$124
33 years$1,350$932$628$415$271$109
34 years$1,296$883$587$382$245$95
35 years$1,245$838$549$352$222$83
36 years$1,198$795$514$324$201$73
37 years$1,152$755$481$299$182$64
38 years$1,110$718$450$275$165$56
39 years$1,069$683$422$254$150$49
40 years$1,031$649$395$234$136$43
41 years$994$618$371$216$123$38
42 years$960$589$348$199$112$33
43 years$927$561$326$184$101$29
44 years$896$535$306$170$92$25
45 years$866$510$288$157$84$22
46 years$838$486$270$145$76$19
47 years$811$464$254$134$69$17
48 years$785$443$238$124$63$15
49 years$760$423$224$114$57$13
50 years$736$404$211$106$52$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $754,000, adding $3,871 every year, while hoping to spend $50,921 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: 41/49/10 Blend
44$754,000$754,000$754,000$754,000
45$834,901$794,939$783,252$866,504
46$865,881$779,711$755,311$873,812
47$898,315$762,031$724,728$876,335
48$932,296$741,724$691,360$877,924
49$967,928$718,606$655,058$878,514
50$1,005,321$692,482$615,667$878,039
51$1,044,596$663,146$573,024$876,432
52$1,085,885$630,380$526,960$873,622
53$1,129,329$593,952$477,297$869,536
54$1,175,084$553,619$423,849$864,100
55$1,223,318$509,122$366,424$857,238
56$1,274,216$460,189$304,819$848,872
57$1,327,979$406,531$238,823$838,923
58$1,384,825$347,843$168,216$827,310
59$1,444,993$283,803$92,767$813,952
60$1,508,744$214,072$12,237$798,767
61$1,576,363$138,288$0$781,673
62$1,648,162$56,074$0$770,454
63$1,724,481$0$0$759,071
64$1,805,693$0$0$763,944
65$1,892,206$0$0$801,397
66$1,984,467$0$0$841,396
67$2,082,965$0$0$884,160
68$2,188,236$0$0$929,929
69$2,300,869$0$0$978,968
70$2,421,507$0$0$1,031,565
71$2,550,858$0$0$1,088,039
72$2,689,696$0$0$1,148,738
73$2,838,874$0$0$1,214,044
74$2,999,325$0$0$1,284,377
75$3,172,075$0$0$1,360,200
76$3,358,250$0$0$1,442,018
77$3,559,088$0$0$1,530,388
78$3,775,947$0$0$1,625,922
79$4,010,322$0$0$1,729,294
80$4,263,854$0$0$1,841,241
81$4,538,347$0$0$1,962,577
82$4,835,785$0$0$2,094,195
83$5,158,350$0$0$2,237,079
84$5,508,439$0$0$2,392,309
85$5,888,692$0$0$2,561,075
86$6,302,010$0$0$2,744,684
87$6,751,585$0$0$2,944,576
88$7,240,930$0$0$3,162,336
89$7,773,910$0$0$3,399,705
90$8,354,778$0$0$3,658,603
91$8,988,214$0$0$3,941,140
92$9,679,369$0$0$4,249,640
93$10,433,915$0$0$4,586,663
94$11,258,093$0$0$4,955,024
95$12,158,775$0$0$5,357,824
96$13,143,525$0$0$5,798,478
97$14,220,673$0$0$6,280,744
98$15,399,391$0$0$6,808,762
99$16,689,776$0$0$7,387,091
100$18,102,949$0$0$8,020,750