Can I retire at age 45 with 757,000?

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 $757,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$62,512$61,956$61,412$60,882$60,364$58,084
2 years$30,947$30,370$29,812$29,270$28,745$26,474
3 years$20,426$19,847$19,290$18,754$18,237$16,047
4 years$15,167$14,590$14,038$13,511$13,007$10,914
5 years$12,012$11,439$10,894$10,378$9,888$7,898
6 years$9,910$9,341$8,804$8,299$7,824$5,938
7 years$8,409$7,844$7,316$6,823$6,363$4,581
8 years$7,283$6,724$6,205$5,724$5,278$3,599
9 years$6,408$5,854$5,344$4,875$4,445$2,866
10 years$5,709$5,160$4,659$4,203$3,788$2,305
11 years$5,137$4,594$4,102$3,658$3,257$1,868
12 years$4,661$4,123$3,640$3,208$2,823$1,524
13 years$4,258$3,726$3,252$2,832$2,462$1,249
14 years$3,913$3,387$2,922$2,514$2,158$1,027
15 years$3,615$3,094$2,638$2,242$1,900$848
16 years$3,354$2,839$2,392$2,008$1,679$701
17 years$3,124$2,614$2,177$1,804$1,489$582
18 years$2,919$2,416$1,987$1,626$1,324$483
19 years$2,737$2,239$1,819$1,469$1,180$402
20 years$2,573$2,081$1,669$1,330$1,054$335
21 years$2,425$1,938$1,536$1,207$943$279
22 years$2,290$1,809$1,415$1,098$845$233
23 years$2,167$1,692$1,307$1,000$759$194
24 years$2,055$1,585$1,209$912$682$162
25 years$1,952$1,488$1,119$833$614$136
26 years$1,857$1,398$1,038$761$553$113
27 years$1,769$1,316$964$697$498$95
28 years$1,687$1,240$896$639$450$79
29 years$1,611$1,170$834$586$406$66
30 years$1,541$1,105$777$537$367$55
31 years$1,475$1,044$724$494$332$46
32 years$1,413$988$676$454$300$39
33 years$1,356$936$631$417$272$33
34 years$1,301$887$589$384$246$27
35 years$1,250$841$551$353$223$23
36 years$1,202$798$516$325$202$19
37 years$1,157$758$483$300$183$16
38 years$1,114$721$452$276$166$13
39 years$1,073$685$423$255$150$11
40 years$1,035$652$397$235$136$9
41 years$998$621$372$217$124$8
42 years$964$591$349$200$112$7
43 years$931$563$328$185$102$6
44 years$899$537$307$171$92$5
45 years$870$512$289$158$84$4
46 years$841$488$271$146$76$3
47 years$814$466$255$134$69$3
48 years$788$445$239$124$63$2
49 years$763$425$225$115$57$2
50 years$739$406$212$106$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $757,000, adding $3,300 every year, while hoping to spend $40,889 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: 39/50/11 Blend
44$757,000$757,000$757,000$757,000
45$837,618$797,497$785,763$867,377
46$879,549$793,069$768,581$884,310
47$924,387$787,053$749,452$898,344
48$972,385$779,329$728,269$912,609
49$1,023,821$769,768$704,919$927,145
50$1,078,999$758,235$679,282$941,998
51$1,138,254$744,586$651,235$957,222
52$1,201,952$728,667$620,647$972,881
53$1,270,497$710,317$587,385$989,046
54$1,344,331$689,366$551,305$1,005,804
55$1,423,939$665,632$512,261$1,023,250
56$1,509,856$638,923$470,097$1,041,496
57$1,602,667$609,036$424,651$1,060,669
58$1,703,018$575,758$375,756$1,080,916
59$1,811,617$538,860$323,234$1,102,401
60$1,929,241$498,104$266,902$1,125,312
61$2,056,747$453,235$206,567$1,149,862
62$2,195,077$403,985$142,028$1,176,294
63$2,345,266$350,071$73,077$1,204,878
64$2,508,452$291,193$0$1,235,923
65$2,685,888$227,036$0$1,269,836
66$2,878,952$157,264$0$1,316,103
67$3,089,161$81,525$0$1,366,604
68$3,318,182$0$0$1,421,863
69$3,567,852$0$0$1,482,765
70$3,840,191$0$0$1,598,216
71$4,137,425$0$0$1,724,316
72$4,462,001$0$0$1,862,115
73$4,816,613$0$0$2,012,771
74$5,204,231$0$0$2,177,555
75$5,628,119$0$0$2,357,872
76$6,091,876$0$0$2,555,264
77$6,599,460$0$0$2,771,433
78$7,155,234$0$0$3,008,249
79$7,764,000$0$0$3,267,777
80$8,431,047$0$0$3,552,285
81$9,162,198$0$0$3,864,276
82$9,963,869$0$0$4,206,505
83$10,843,125$0$0$4,582,005
84$11,807,747$0$0$4,994,118
85$12,866,308$0$0$5,446,527
86$14,028,249$0$0$5,943,287
87$15,303,969$0$0$6,488,864
88$16,704,925$0$0$7,088,179
89$18,243,737$0$0$7,746,655
90$19,934,307$0$0$8,470,263
91$21,791,951$0$0$9,265,583
92$23,833,542$0$0$10,139,863
93$26,077,668$0$0$11,101,089
94$28,544,807$0$0$12,158,059
95$31,257,522$0$0$13,320,467
96$34,240,670$0$0$14,598,992
97$37,521,638$0$0$16,005,402
98$41,130,600$0$0$17,552,661
99$45,100,801$0$0$19,255,054
100$49,468,871$0$0$21,128,320