Can I retire at age 45 with 767,000?

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 $767,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$63,338$62,774$62,224$61,686$61,162$60,448
2 years$31,356$30,772$30,206$29,657$29,125$28,406
3 years$20,696$20,110$19,545$19,001$18,478$17,777
4 years$15,367$14,783$14,224$13,689$13,179$12,500
5 years$12,171$11,590$11,038$10,515$10,018$9,365
6 years$10,041$9,464$8,921$8,409$7,927$7,300
7 years$8,520$7,948$7,413$6,913$6,447$5,846
8 years$7,380$6,813$6,287$5,799$5,348$4,773
9 years$6,493$5,932$5,415$4,940$4,504$3,955
10 years$5,784$5,229$4,721$4,258$3,838$3,314
11 years$5,205$4,655$4,156$3,706$3,300$2,801
12 years$4,722$4,178$3,688$3,251$2,860$2,386
13 years$4,314$3,775$3,295$2,870$2,494$2,043
14 years$3,965$3,432$2,961$2,547$2,186$1,759
15 years$3,663$3,135$2,673$2,272$1,925$1,520
16 years$3,398$2,876$2,424$2,034$1,701$1,318
17 years$3,165$2,649$2,206$1,828$1,508$1,146
18 years$2,958$2,448$2,013$1,647$1,341$1,000
19 years$2,773$2,269$1,843$1,488$1,196$873
20 years$2,607$2,108$1,692$1,348$1,068$764
21 years$2,457$1,964$1,556$1,223$956$670
22 years$2,320$1,833$1,434$1,112$857$588
23 years$2,196$1,714$1,324$1,013$769$517
24 years$2,082$1,606$1,224$924$691$455
25 years$1,977$1,507$1,134$844$622$401
26 years$1,881$1,417$1,052$772$560$353
27 years$1,792$1,333$977$706$505$311
28 years$1,709$1,256$908$647$456$275
29 years$1,633$1,185$845$593$412$243
30 years$1,561$1,119$787$545$372$214
31 years$1,495$1,058$734$500$336$189
32 years$1,432$1,001$685$460$304$167
33 years$1,374$948$639$423$275$148
34 years$1,319$899$597$389$249$131
35 years$1,267$852$558$358$226$116
36 years$1,218$809$522$330$204$103
37 years$1,172$768$489$304$185$91
38 years$1,129$730$458$280$168$80
39 years$1,088$694$429$258$152$71
40 years$1,049$661$402$238$138$63
41 years$1,012$629$377$220$125$56
42 years$977$599$354$203$114$49
43 years$943$571$332$187$103$44
44 years$911$544$311$173$94$39
45 years$881$519$292$160$85$34
46 years$852$495$275$147$77$30
47 years$825$472$258$136$70$27
48 years$798$451$243$126$64$24
49 years$773$430$228$116$58$21
50 years$749$411$214$108$53$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $767,000, adding $6,119 every year, while hoping to spend $48,864 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: 35/50/15 Blend
44$767,000$767,000$767,000$767,000
45$851,546$810,895$799,006$877,210
46$886,412$798,638$773,782$884,121
47$923,198$784,142$746,075$886,518
48$962,046$767,247$715,751$888,050
49$1,003,114$747,782$682,668$888,665
50$1,046,574$725,565$646,679$888,313
51$1,092,613$700,406$607,631$886,942
52$1,141,435$672,102$565,363$884,499
53$1,193,265$640,438$519,705$880,933
54$1,248,346$605,188$470,484$876,191
55$1,306,946$566,111$417,514$870,223
56$1,369,359$522,955$360,605$862,979
57$1,435,905$475,451$299,557$854,411
58$1,506,935$423,315$234,159$844,474
59$1,582,834$366,249$164,195$833,126
60$1,664,023$303,936$89,436$820,328
61$1,750,966$236,041$9,644$806,046
62$1,844,169$162,212$0$790,253
63$1,944,189$82,074$0$785,011
64$2,051,636$0$0$780,658
65$2,167,180$0$0$778,308
66$2,291,558$0$0$824,467
67$2,425,577$0$0$874,287
68$2,570,125$0$0$928,110
69$2,726,177$0$0$986,308
70$2,894,803$0$0$1,049,295
71$3,077,183$0$0$1,117,521
72$3,274,608$0$0$1,191,483
73$3,488,504$0$0$1,271,729
74$3,720,433$0$0$1,358,860
75$3,972,115$0$0$1,453,537
76$4,245,444$0$0$1,556,486
77$4,542,500$0$0$1,668,510
78$4,865,572$0$0$1,790,488
79$5,217,179$0$0$1,923,388
80$5,600,093$0$0$2,068,278
81$6,017,362$0$0$2,226,331
82$6,472,344$0$0$2,398,839
83$6,968,733$0$0$2,587,224
84$7,510,594$0$0$2,793,050
85$8,102,402$0$0$3,018,041
86$8,749,086$0$0$3,264,095
87$9,456,069$0$0$3,533,300
88$10,229,323$0$0$3,827,956
89$11,075,424$0$0$4,150,596
90$12,001,613$0$0$4,504,009
91$13,015,862$0$0$4,891,268
92$14,126,953$0$0$5,315,753
93$15,344,555$0$0$5,781,192
94$16,679,316$0$0$6,291,688
95$18,142,967$0$0$6,851,760
96$19,748,423$0$0$7,466,386
97$21,509,915$0$0$8,141,050
98$23,443,115$0$0$8,881,792
99$25,565,285$0$0$9,695,267
100$27,895,442$0$0$10,588,802