Can I retire at age 45 with 765,000?

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 $765,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$63,173$62,610$62,061$61,525$61,002$60,669
2 years$31,274$30,691$30,127$29,580$29,049$28,712
3 years$20,642$20,057$19,494$18,952$18,430$18,100
4 years$15,327$14,744$14,187$13,654$13,144$12,825
5 years$12,139$11,560$11,009$10,487$9,992$9,684
6 years$10,015$9,439$8,897$8,387$7,906$7,609
7 years$8,498$7,927$7,394$6,895$6,430$6,144
8 years$7,360$6,795$6,270$5,784$5,334$5,060
9 years$6,476$5,916$5,401$4,927$4,492$4,229
10 years$5,769$5,215$4,708$4,247$3,828$3,576
11 years$5,191$4,642$4,145$3,696$3,292$3,051
12 years$4,710$4,167$3,679$3,242$2,853$2,623
13 years$4,303$3,766$3,287$2,862$2,488$2,269
14 years$3,955$3,423$2,953$2,541$2,181$1,972
15 years$3,653$3,127$2,666$2,266$1,920$1,722
16 years$3,389$2,869$2,417$2,029$1,697$1,508
17 years$3,157$2,642$2,200$1,823$1,505$1,326
18 years$2,950$2,441$2,008$1,643$1,338$1,168
19 years$2,766$2,263$1,838$1,484$1,192$1,032
20 years$2,600$2,103$1,687$1,344$1,065$913
21 years$2,450$1,958$1,552$1,220$953$809
22 years$2,314$1,828$1,430$1,109$854$719
23 years$2,190$1,710$1,321$1,010$767$639
24 years$2,077$1,602$1,221$922$689$569
25 years$1,972$1,503$1,131$842$620$507
26 years$1,876$1,413$1,049$770$559$452
27 years$1,787$1,330$974$704$504$403
28 years$1,705$1,253$906$645$455$360
29 years$1,628$1,182$843$592$410$322
30 years$1,557$1,116$785$543$371$288
31 years$1,491$1,055$732$499$335$257
32 years$1,428$999$683$458$303$230
33 years$1,370$946$638$422$274$206
34 years$1,315$896$596$388$249$185
35 years$1,264$850$557$357$225$166
36 years$1,215$807$521$329$204$148
37 years$1,169$766$488$303$185$133
38 years$1,126$728$457$279$168$119
39 years$1,085$693$428$257$152$107
40 years$1,046$659$401$237$138$96
41 years$1,009$627$376$219$125$86
42 years$974$597$353$202$113$77
43 years$941$569$331$187$103$69
44 years$909$542$311$172$93$62
45 years$879$517$292$159$85$56
46 years$850$493$274$147$77$50
47 years$822$471$257$136$70$45
48 years$796$450$242$126$64$40
49 years$771$429$227$116$58$36
50 years$747$410$214$107$52$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $765,000, adding $3,441 every year, while hoping to spend $43,141 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: 66/13/21 Blend
44$765,000$765,000$765,000$765,000
45$846,579$806,034$794,177$897,731
46$887,029$799,628$774,880$926,081
47$930,158$791,463$753,491$951,810
48$976,195$781,405$729,894$978,922
49$1,025,390$769,317$703,968$1,007,551
50$1,078,015$755,049$675,586$1,037,849
51$1,134,371$738,445$644,617$1,069,984
52$1,194,788$719,339$610,922$1,104,144
53$1,259,625$697,555$574,357$1,140,535
54$1,329,279$672,908$534,770$1,179,388
55$1,404,184$645,199$492,004$1,220,958
56$1,484,819$614,222$445,894$1,265,527
57$1,571,706$579,755$396,267$1,313,410
58$1,665,422$541,565$342,945$1,364,955
59$1,766,600$499,406$285,738$1,420,548
60$1,875,934$453,018$224,450$1,480,616
61$1,994,187$402,124$158,878$1,545,632
62$2,122,200$346,434$88,806$1,616,122
63$2,260,896$285,640$14,013$1,692,667
64$2,411,289$219,418$0$1,775,909
65$2,574,495$147,424$0$1,881,307
66$2,751,741$69,296$0$1,999,212
67$2,944,378$0$0$2,127,411
68$3,153,891$0$0$2,269,125
69$3,381,914$0$0$2,434,190
70$3,630,244$0$0$2,614,001
71$3,900,860$0$0$2,809,996
72$4,195,939$0$0$3,023,757
73$4,517,878$0$0$3,257,026
74$4,869,314$0$0$3,511,722
75$5,253,151$0$0$3,789,955
76$5,672,585$0$0$4,094,048
77$6,131,135$0$0$4,426,561
78$6,632,676$0$0$4,790,311
79$7,181,473$0$0$5,188,398
80$7,782,223$0$0$5,624,239
81$8,440,100$0$0$6,101,594
82$9,160,799$0$0$6,624,605
83$9,950,593$0$0$7,197,834
84$10,816,391$0$0$7,826,304
85$11,765,802$0$0$8,515,548
86$12,807,206$0$0$9,271,661
87$13,949,834$0$0$10,101,354
88$15,203,854$0$0$11,012,021
89$16,580,464$0$0$12,011,807
90$18,092,001$0$0$13,109,682
91$19,752,056$0$0$14,315,530
92$21,575,599$0$0$15,640,237
93$23,579,121$0$0$17,095,797
94$25,780,791$0$0$18,695,422
95$28,200,624$0$0$20,453,667
96$30,860,671$0$0$22,386,571
97$33,785,226$0$0$24,511,799
98$37,001,054$0$0$26,848,818
99$40,537,642$0$0$29,419,071
100$44,427,481$0$0$32,246,189