Can I retire at age 45 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$62,760$62,201$61,656$61,123$60,603$58,900
2 years$31,069$30,491$29,930$29,386$28,859$27,155
3 years$20,507$19,926$19,367$18,828$18,309$16,659
4 years$15,227$14,648$14,094$13,565$13,058$11,475
5 years$12,060$11,484$10,937$10,419$9,927$8,414
6 years$9,949$9,378$8,839$8,332$7,855$6,414
7 years$8,442$7,875$7,345$6,850$6,388$5,019
8 years$7,312$6,751$6,229$5,746$5,299$4,002
9 years$6,434$5,878$5,365$4,895$4,463$3,235
10 years$5,732$5,181$4,678$4,219$3,803$2,643
11 years$5,157$4,612$4,118$3,672$3,270$2,177
12 years$4,679$4,140$3,655$3,221$2,834$1,806
13 years$4,275$3,741$3,265$2,844$2,471$1,505
14 years$3,929$3,400$2,934$2,524$2,166$1,260
15 years$3,629$3,106$2,649$2,251$1,907$1,058
16 years$3,367$2,850$2,402$2,016$1,686$892
17 years$3,136$2,625$2,185$1,811$1,495$753
18 years$2,931$2,425$1,995$1,632$1,329$637
19 years$2,748$2,248$1,826$1,475$1,185$540
20 years$2,583$2,089$1,676$1,336$1,058$458
21 years$2,434$1,946$1,542$1,212$947$390
22 years$2,299$1,816$1,421$1,102$849$331
23 years$2,176$1,699$1,312$1,004$762$282
24 years$2,063$1,592$1,213$916$685$240
25 years$1,959$1,494$1,124$836$616$205
26 years$1,864$1,404$1,042$764$555$175
27 years$1,776$1,321$968$700$500$149
28 years$1,694$1,245$900$641$452$127
29 years$1,618$1,174$837$588$408$109
30 years$1,547$1,109$780$540$368$93
31 years$1,481$1,048$727$496$333$79
32 years$1,419$992$678$455$301$68
33 years$1,361$939$633$419$273$58
34 years$1,307$890$592$385$247$49
35 years$1,255$845$553$355$224$42
36 years$1,207$802$518$327$203$36
37 years$1,161$761$484$301$184$31
38 years$1,118$724$454$277$166$26
39 years$1,078$688$425$256$151$23
40 years$1,039$655$398$236$137$19
41 years$1,002$623$374$218$124$17
42 years$968$593$350$201$113$14
43 years$934$565$329$185$102$12
44 years$903$539$309$171$93$10
45 years$873$514$290$158$84$9
46 years$844$490$272$146$77$8
47 years$817$468$256$135$70$6
48 years$791$447$240$125$63$6
49 years$766$427$226$115$57$5
50 years$742$407$212$107$52$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $760,000, adding $2,553 every year, while hoping to spend $34,049 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: 57/37/6 Blend
44$760,000$760,000$760,000$760,000
45$840,153$799,873$788,093$886,852
46$889,621$802,839$778,267$921,509
47$942,994$804,809$766,970$955,188
48$1,000,633$805,699$754,117$991,034
49$1,062,937$805,418$739,619$1,029,256
50$1,130,344$803,870$723,384$1,070,088
51$1,203,334$800,955$705,312$1,113,785
52$1,282,437$796,565$685,303$1,160,632
53$1,368,233$790,585$663,249$1,210,943
54$1,461,363$782,893$639,038$1,265,066
55$1,562,530$773,363$612,553$1,323,386
56$1,672,507$761,857$583,673$1,386,329
57$1,792,146$748,231$552,269$1,454,364
58$1,922,382$732,332$518,208$1,528,014
59$2,064,247$713,998$481,350$1,607,853
60$2,218,875$693,058$441,549$1,694,519
61$2,387,513$669,331$398,654$1,788,716
62$2,571,534$642,623$352,504$1,891,222
63$2,772,452$612,733$302,934$2,002,898
64$2,991,930$579,444$249,770$2,124,695
65$3,231,800$542,530$192,830$2,257,664
66$3,494,079$501,750$131,926$2,402,969
67$3,780,989$456,850$66,860$2,561,893
68$4,094,976$407,561$0$2,735,856
69$4,438,731$353,599$0$2,926,590
70$4,815,220$294,664$0$3,140,241
71$5,227,709$230,439$0$3,374,453
72$5,679,793$160,589$0$3,631,355
73$6,175,435$84,761$0$3,913,298
74$6,718,995$2,580$0$4,222,876
75$7,315,280$0$0$4,562,955
76$7,969,579$0$0$4,971,853
77$8,687,724$0$0$5,421,873
78$9,476,135$0$0$5,915,995
79$10,341,886$0$0$6,458,663
80$11,292,767$0$0$7,054,768
81$12,337,362$0$0$7,709,702
82$13,485,127$0$0$8,429,403
83$14,746,479$0$0$9,220,412
84$16,132,893$0$0$10,089,938
85$17,657,014$0$0$11,045,920
86$19,332,769$0$0$12,097,107
87$21,175,506$0$0$13,253,136
88$23,202,132$0$0$14,524,627
89$25,431,276$0$0$15,923,281
90$27,883,462$0$0$17,461,986
91$30,581,304$0$0$19,154,948
92$33,549,718$0$0$21,017,814
93$36,816,159$0$0$23,067,829
94$40,410,873$0$0$25,323,990
95$44,367,192$0$0$27,807,231
96$48,721,839$0$0$30,540,620
97$53,515,279$0$0$33,549,571
98$58,792,101$0$0$36,862,090
99$64,601,434$0$0$40,509,035
100$70,997,414$0$0$44,524,410