Can I retire at age 45 with 766,000?

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 $766,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$63,256$62,692$62,142$61,606$61,082$59,824
2 years$31,315$30,731$30,166$29,618$29,087$27,825
3 years$20,669$20,083$19,520$18,977$18,454$17,228
4 years$15,347$14,763$14,205$13,672$13,161$11,981
5 years$12,155$11,575$11,024$10,501$10,005$8,873
6 years$10,028$9,452$8,909$8,398$7,917$6,834
7 years$8,509$7,937$7,403$6,904$6,438$5,406
8 years$7,370$6,804$6,279$5,792$5,341$4,358
9 years$6,485$5,924$5,408$4,933$4,498$3,564
10 years$5,777$5,222$4,715$4,253$3,833$2,946
11 years$5,198$4,649$4,151$3,701$3,296$2,457
12 years$4,716$4,172$3,684$3,246$2,856$2,063
13 years$4,309$3,771$3,291$2,866$2,491$1,742
14 years$3,960$3,427$2,957$2,544$2,183$1,477
15 years$3,658$3,131$2,670$2,269$1,922$1,257
16 years$3,394$2,873$2,421$2,032$1,699$1,074
17 years$3,161$2,646$2,203$1,825$1,507$919
18 years$2,954$2,445$2,011$1,645$1,340$789
19 years$2,769$2,266$1,841$1,486$1,194$678
20 years$2,603$2,105$1,689$1,346$1,066$584
21 years$2,453$1,961$1,554$1,222$954$504
22 years$2,317$1,831$1,432$1,111$855$435
23 years$2,193$1,712$1,322$1,012$768$376
24 years$2,079$1,604$1,223$923$690$325
25 years$1,975$1,505$1,133$843$621$281
26 years$1,879$1,415$1,050$771$559$243
27 years$1,790$1,331$975$705$504$211
28 years$1,707$1,255$907$646$455$183
29 years$1,631$1,184$844$593$411$159
30 years$1,559$1,118$786$544$371$138
31 years$1,493$1,057$733$499$336$119
32 years$1,430$1,000$684$459$304$104
33 years$1,372$947$638$422$275$90
34 years$1,317$897$596$388$249$78
35 years$1,265$851$558$358$225$68
36 years$1,217$808$522$329$204$59
37 years$1,171$767$488$303$185$51
38 years$1,127$729$457$280$168$45
39 years$1,086$693$428$258$152$39
40 years$1,047$660$402$238$138$34
41 years$1,010$628$377$219$125$29
42 years$975$598$353$202$114$25
43 years$942$570$331$187$103$22
44 years$910$543$311$173$94$19
45 years$880$518$292$159$85$17
46 years$851$494$274$147$77$15
47 years$823$472$258$136$70$13
48 years$797$450$242$126$64$11
49 years$772$430$228$116$58$10
50 years$748$411$214$107$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $766,000, adding $4,616 every year, while hoping to spend $51,325 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: 52/34/14 Blend
44$766,000$766,000$766,000$766,000
45$848,893$808,295$796,422$889,617
46$880,871$793,292$768,493$902,966
47$914,390$775,834$737,908$911,650
48$949,554$755,746$704,524$919,937
49$986,474$732,843$668,191$927,804
50$1,025,273$706,931$628,754$935,229
51$1,066,081$677,801$586,047$942,190
52$1,109,043$645,234$539,901$948,667
53$1,154,315$609,001$490,138$954,640
54$1,202,067$568,854$436,570$960,094
55$1,252,486$524,536$379,003$965,014
56$1,305,773$475,772$317,233$969,389
57$1,362,150$422,272$251,048$973,212
58$1,421,858$363,732$180,227$976,481
59$1,485,160$299,828$104,537$979,198
60$1,552,345$230,217$23,737$981,371
61$1,623,727$154,541$0$983,015
62$1,699,650$72,417$0$993,490
63$1,780,493$0$0$1,007,884
64$1,866,667$0$0$1,028,927
65$1,958,624$0$0$1,080,339
66$2,056,860$0$0$1,135,308
67$2,161,918$0$0$1,194,145
68$2,274,392$0$0$1,257,188
69$2,394,935$0$0$1,324,811
70$2,524,263$0$0$1,397,423
71$2,663,162$0$0$1,475,471
72$2,812,493$0$0$1,559,449
73$2,973,203$0$0$1,649,897
74$3,146,331$0$0$1,747,410
75$3,333,019$0$0$1,852,639
76$3,534,520$0$0$1,966,302
77$3,752,213$0$0$2,089,186
78$3,987,612$0$0$2,222,158
79$4,242,380$0$0$2,366,169
80$4,518,348$0$0$2,522,266
81$4,817,527$0$0$2,691,599
82$5,142,129$0$0$2,875,434
83$5,494,586$0$0$3,075,163
84$5,877,574$0$0$3,292,317
85$6,294,038$0$0$3,528,581
86$6,747,215$0$0$3,785,807
87$7,240,668$0$0$4,066,036
88$7,778,318$0$0$4,371,512
89$8,364,481$0$0$4,704,705
90$9,003,904$0$0$5,068,333
91$9,701,815$0$0$5,465,389
92$10,463,968$0$0$5,899,168
93$11,296,696$0$0$6,373,296
94$12,206,973$0$0$6,891,766
95$13,202,476$0$0$7,458,974
96$14,291,657$0$0$8,079,761
97$15,483,824$0$0$8,759,458
98$16,789,227$0$0$9,503,934
99$18,219,151$0$0$10,319,653
100$19,786,026$0$0$11,213,735