Can I retire at age 45 with 762,000?

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 $762,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$62,925$62,365$61,818$61,284$60,763$59,270
2 years$31,151$30,571$30,009$29,464$28,935$27,440
3 years$20,561$19,978$19,418$18,878$18,357$16,907
4 years$15,267$14,686$14,131$13,600$13,093$11,698
5 years$12,092$11,514$10,966$10,446$9,953$8,618
6 years$9,975$9,402$8,862$8,354$7,875$6,602
7 years$8,464$7,896$7,365$6,868$6,405$5,193
8 years$7,331$6,768$6,246$5,762$5,313$4,162
9 years$6,451$5,893$5,380$4,908$4,475$3,383
10 years$5,747$5,194$4,690$4,230$3,813$2,780
11 years$5,171$4,624$4,129$3,682$3,279$2,303
12 years$4,692$4,151$3,664$3,229$2,841$1,921
13 years$4,286$3,751$3,274$2,851$2,478$1,611
14 years$3,939$3,409$2,942$2,531$2,172$1,357
15 years$3,639$3,115$2,656$2,257$1,912$1,147
16 years$3,376$2,858$2,408$2,021$1,690$973
17 years$3,144$2,632$2,191$1,816$1,499$827
18 years$2,939$2,432$2,000$1,636$1,333$704
19 years$2,755$2,254$1,831$1,479$1,188$601
20 years$2,590$2,094$1,680$1,339$1,061$514
21 years$2,441$1,951$1,546$1,215$949$440
22 years$2,305$1,821$1,425$1,105$851$377
23 years$2,181$1,703$1,315$1,006$764$323
24 years$2,068$1,596$1,217$918$687$277
25 years$1,965$1,497$1,127$838$618$238
26 years$1,869$1,407$1,045$766$557$204
27 years$1,780$1,325$970$702$502$176
28 years$1,698$1,248$902$643$453$151
29 years$1,622$1,177$839$589$409$130
30 years$1,551$1,112$782$541$369$112
31 years$1,485$1,051$729$497$334$96
32 years$1,423$995$680$457$302$83
33 years$1,365$942$635$420$273$71
34 years$1,310$893$593$386$248$61
35 years$1,259$847$555$356$224$53
36 years$1,210$804$519$328$203$46
37 years$1,165$763$486$302$184$39
38 years$1,121$725$455$278$167$34
39 years$1,080$690$426$256$151$29
40 years$1,042$656$399$237$137$25
41 years$1,005$625$375$218$125$22
42 years$970$595$351$201$113$19
43 years$937$567$330$186$103$16
44 years$905$540$309$172$93$14
45 years$875$515$291$159$85$12
46 years$847$492$273$146$77$10
47 years$819$469$256$135$70$9
48 years$793$448$241$125$63$8
49 years$768$428$226$116$57$7
50 years$744$409$213$107$52$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $762,000, adding $5,806 every year, while hoping to spend $52,056 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: 74/11/15 Blend
44$762,000$762,000$762,000$762,000
45$845,713$805,327$793,516$905,089
46$876,588$789,401$764,711$929,236
47$908,869$770,949$733,197$948,695
48$942,642$749,794$698,828$968,622
49$978,003$725,747$661,451$989,049
50$1,015,057$698,605$620,907$1,010,013
51$1,053,915$668,159$577,029$1,031,555
52$1,094,699$634,184$529,645$1,053,722
53$1,137,542$596,442$478,571$1,076,567
54$1,182,586$554,683$423,619$1,100,149
55$1,229,990$508,642$364,590$1,124,534
56$1,279,922$458,039$301,276$1,149,796
57$1,332,568$402,577$233,463$1,176,020
58$1,388,130$341,943$160,924$1,203,299
59$1,446,828$275,807$83,424$1,231,737
60$1,508,902$203,819$716$1,261,453
61$1,574,614$125,611$0$1,292,578
62$1,644,250$40,792$0$1,339,271
63$1,718,124$0$0$1,388,718
64$1,796,577$0$0$1,447,212
65$1,879,984$0$0$1,514,666
66$1,968,752$0$0$1,586,474
67$2,063,331$0$0$1,663,003
68$2,164,211$0$0$1,744,651
69$2,271,928$0$0$1,831,855
70$2,387,072$0$0$1,925,096
71$2,510,288$0$0$2,024,899
72$2,642,284$0$0$2,131,839
73$2,783,836$0$0$2,246,551
74$2,935,795$0$0$2,369,727
75$3,099,096$0$0$2,502,129
76$3,274,766$0$0$2,644,592
77$3,463,929$0$0$2,798,035
78$3,667,825$0$0$2,963,466
79$3,887,810$0$0$3,141,991
80$4,125,380$0$0$3,334,828
81$4,382,173$0$0$3,543,314
82$4,659,993$0$0$3,768,917
83$4,960,822$0$0$4,013,254
84$5,286,839$0$0$4,278,100
85$5,640,440$0$0$4,565,409
86$6,024,261$0$0$4,877,328
87$6,441,199$0$0$5,216,219
88$6,894,442$0$0$5,584,682
89$7,387,498$0$0$5,985,575
90$7,924,224$0$0$6,422,043
91$8,508,868$0$0$6,897,548
92$9,146,101$0$0$7,415,899
93$9,841,066$0$0$7,981,288
94$10,599,422$0$0$8,598,329
95$11,427,399$0$0$9,272,102
96$12,331,855$0$0$10,008,196
97$13,320,340$0$0$10,812,768
98$14,401,166$0$0$11,692,594
99$15,583,483$0$0$12,655,135
100$16,877,369$0$0$13,708,607