Can I retire at age 45 with 764,000?

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 $764,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$63,090$62,528$61,980$61,445$60,922$58,668
2 years$31,233$30,651$30,087$29,541$29,011$26,764
3 years$20,615$20,031$19,469$18,927$18,406$16,239
4 years$15,307$14,725$14,168$13,636$13,127$11,056
5 years$12,123$11,544$10,995$10,474$9,979$8,009
6 years$10,001$9,427$8,886$8,376$7,896$6,028
7 years$8,486$7,917$7,384$6,886$6,422$4,656
8 years$7,351$6,786$6,262$5,777$5,327$3,662
9 years$6,468$5,908$5,394$4,920$4,486$2,919
10 years$5,762$5,208$4,702$4,242$3,823$2,351
11 years$5,185$4,636$4,140$3,691$3,288$1,908
12 years$4,704$4,161$3,674$3,238$2,849$1,558
13 years$4,298$3,761$3,282$2,859$2,484$1,279
14 years$3,950$3,418$2,949$2,537$2,178$1,054
15 years$3,648$3,123$2,663$2,263$1,917$871
16 years$3,385$2,865$2,414$2,026$1,695$722
17 years$3,153$2,639$2,197$1,821$1,503$599
18 years$2,946$2,438$2,005$1,641$1,336$498
19 years$2,762$2,260$1,836$1,483$1,191$415
20 years$2,597$2,100$1,685$1,343$1,064$346
21 years$2,447$1,956$1,550$1,219$952$289
22 years$2,311$1,826$1,428$1,108$853$241
23 years$2,187$1,708$1,319$1,009$766$202
24 years$2,074$1,600$1,220$920$688$169
25 years$1,970$1,501$1,130$840$619$141
26 years$1,874$1,411$1,048$769$558$118
27 years$1,785$1,328$973$703$503$99
28 years$1,703$1,251$904$644$454$83
29 years$1,626$1,181$842$591$410$70
30 years$1,555$1,115$784$542$370$58
31 years$1,489$1,054$731$498$335$49
32 years$1,427$997$682$458$303$41
33 years$1,368$944$637$421$274$34
34 years$1,313$895$595$387$248$29
35 years$1,262$849$556$357$225$24
36 years$1,213$806$520$328$204$20
37 years$1,168$765$487$303$185$17
38 years$1,124$727$456$279$167$14
39 years$1,083$692$427$257$152$12
40 years$1,045$658$400$237$138$10
41 years$1,008$626$376$219$125$8
42 years$973$597$352$202$113$7
43 years$939$568$331$186$103$6
44 years$908$542$310$172$93$5
45 years$878$517$291$159$85$4
46 years$849$493$274$147$77$3
47 years$821$470$257$136$70$3
48 years$795$449$242$125$63$2
49 years$770$429$227$116$58$2
50 years$746$410$213$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $764,000, adding $2,322 every year, while hoping to spend $30,004 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: 79/11/10 Blend
44$764,000$764,000$764,000$764,000
45$844,323$803,831$791,989$909,443
46$898,520$811,295$786,597$959,995
47$957,239$818,119$780,018$1,011,312
48$1,020,911$824,240$772,182$1,066,733
49$1,090,007$829,590$763,013$1,126,652
50$1,165,047$834,100$752,433$1,191,506
51$1,246,603$837,692$740,361$1,261,775
52$1,335,303$840,285$726,710$1,337,989
53$1,431,840$841,795$711,390$1,420,731
54$1,536,974$842,129$694,308$1,510,643
55$1,651,542$841,190$675,364$1,608,433
56$1,776,467$838,877$654,457$1,714,881
57$1,912,763$835,078$631,478$1,830,847
58$2,061,548$829,679$606,314$1,957,278
59$2,224,048$822,557$578,849$2,095,218
60$2,401,620$813,580$548,959$2,245,818
61$2,595,751$802,611$516,515$2,410,344
62$2,808,082$789,504$481,382$2,590,195
63$3,040,419$774,102$443,421$2,786,910
64$3,294,751$756,242$402,485$3,002,187
65$3,573,267$735,750$358,420$3,237,896
66$3,878,379$712,440$311,066$3,496,098
67$4,212,742$686,119$260,256$3,779,067
68$4,579,282$656,579$205,814$4,089,307
69$4,981,220$623,602$147,560$4,429,577
70$5,422,103$586,957$85,302$4,802,921
71$5,905,839$546,399$18,841$5,212,693
72$6,436,732$501,671$0$5,662,588
73$7,019,525$452,499$0$6,162,237
74$7,659,439$398,594$0$6,713,081
75$8,362,228$339,651$0$7,318,080
76$9,134,229$275,348$0$7,982,714
77$9,982,425$205,344$0$8,713,023
78$10,914,506$129,280$0$9,515,660
79$11,938,947$46,776$0$10,397,960
80$13,065,083$0$0$11,368,002
81$14,303,198$0$0$12,439,845
82$15,664,623$0$0$13,624,689
83$17,161,842$0$0$14,927,740
84$18,808,609$0$0$16,360,973
85$20,620,079$0$0$17,937,579
86$22,612,948$0$0$19,672,095
87$24,805,612$0$0$21,580,535
88$27,218,342$0$0$23,680,545
89$29,873,471$0$0$25,991,568
90$32,795,607$0$0$28,535,028
91$36,011,865$0$0$31,334,528
92$39,552,121$0$0$34,416,078
93$43,449,295$0$0$37,808,338
94$47,739,661$0$0$41,542,886
95$52,463,188$0$0$45,654,517
96$57,663,918$0$0$50,181,574
97$63,390,381$0$0$55,166,305
98$69,696,054$0$0$60,655,264
99$76,639,860$0$0$66,699,750
100$84,286,731$0$0$73,356,290