Can I retire at age 45 with 768,000?

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 $768,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$63,421$62,856$62,305$61,767$61,241$60,855
2 years$31,396$30,812$30,245$29,696$29,163$28,773
3 years$20,723$20,136$19,571$19,026$18,502$18,121
4 years$15,387$14,802$14,242$13,707$13,196$12,827
5 years$12,187$11,605$11,053$10,529$10,031$9,675
6 years$10,054$9,476$8,932$8,420$7,937$7,594
7 years$8,531$7,958$7,423$6,922$6,455$6,125
8 years$7,389$6,822$6,295$5,807$5,355$5,039
9 years$6,502$5,939$5,422$4,946$4,510$4,207
10 years$5,792$5,235$4,727$4,264$3,843$3,553
11 years$5,212$4,661$4,162$3,711$3,305$3,028
12 years$4,729$4,183$3,693$3,255$2,864$2,599
13 years$4,320$3,780$3,300$2,873$2,497$2,245
14 years$3,970$3,436$2,965$2,551$2,189$1,949
15 years$3,667$3,139$2,677$2,275$1,927$1,699
16 years$3,403$2,880$2,427$2,037$1,704$1,487
17 years$3,169$2,652$2,208$1,830$1,510$1,305
18 years$2,962$2,451$2,016$1,649$1,343$1,148
19 years$2,777$2,272$1,846$1,490$1,197$1,013
20 years$2,610$2,111$1,694$1,350$1,069$895
21 years$2,460$1,966$1,558$1,225$957$792
22 years$2,323$1,835$1,436$1,114$858$702
23 years$2,199$1,717$1,326$1,014$770$623
24 years$2,085$1,608$1,226$925$692$554
25 years$1,980$1,509$1,136$845$623$493
26 years$1,884$1,418$1,053$773$561$439
27 years$1,794$1,335$978$707$506$391
28 years$1,712$1,258$909$648$456$349
29 years$1,635$1,187$846$594$412$311
30 years$1,563$1,121$788$545$372$278
31 years$1,496$1,059$735$501$337$248
32 years$1,434$1,002$685$460$304$222
33 years$1,375$949$640$423$276$198
34 years$1,320$900$598$389$249$177
35 years$1,269$853$559$358$226$159
36 years$1,220$810$523$330$205$142
37 years$1,174$769$490$304$186$127
38 years$1,130$731$458$280$168$114
39 years$1,089$695$430$259$153$102
40 years$1,050$661$403$238$138$91
41 years$1,013$630$377$220$126$82
42 years$978$600$354$203$114$73
43 years$944$571$332$187$103$65
44 years$912$545$312$173$94$59
45 years$882$519$293$160$85$53
46 years$853$495$275$148$77$47
47 years$826$473$258$136$70$42
48 years$799$451$243$126$64$38
49 years$774$431$228$116$58$34
50 years$750$412$215$108$53$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $768,000, adding $6,337 every year, while hoping to spend $36,582 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: 77/12/11 Blend
44$768,000$768,000$768,000$768,000
45$852,873$812,169$800,265$916,334
46$900,943$813,042$788,151$959,862
47$952,690$812,732$774,405$1,002,278
48$1,008,450$811,142$758,933$1,047,745
49$1,068,594$808,170$741,639$1,096,554
50$1,133,527$803,706$722,420$1,149,024
51$1,203,695$797,636$701,170$1,205,506
52$1,279,588$789,836$677,775$1,266,390
53$1,361,745$780,178$652,120$1,332,101
54$1,450,759$768,523$624,082$1,403,113
55$1,547,282$754,725$593,534$1,479,945
56$1,652,029$738,631$560,341$1,563,170
57$1,765,788$720,076$524,365$1,653,420
58$1,889,425$698,887$485,459$1,751,394
59$2,023,895$674,881$443,470$1,857,858
60$2,170,247$647,864$398,240$1,973,662
61$2,329,633$617,630$349,602$2,099,739
62$2,503,324$583,963$297,382$2,237,120
63$2,692,718$546,632$241,400$2,386,942
64$2,899,353$505,395$181,464$2,550,459
65$3,124,921$459,994$117,378$2,729,051
66$3,371,288$410,158$48,935$2,924,243
67$3,640,504$355,601$0$3,137,716
68$3,934,829$296,018$0$3,374,153
69$4,256,749$231,091$0$3,639,080
70$4,609,003$160,480$0$3,929,029
71$4,994,606$83,828$0$4,246,513
72$5,416,878$757$0$4,594,303
73$5,879,475$0$0$4,975,450
74$6,386,425$0$0$5,405,088
75$6,942,162$0$0$5,876,211
76$7,551,570$0$0$6,392,862
77$8,220,030$0$0$6,959,605
78$8,953,465$0$0$7,581,469
79$9,758,403$0$0$8,263,990
80$10,642,032$0$0$9,013,268
81$11,612,273$0$0$9,836,023
82$12,677,848$0$0$10,739,656
83$13,848,366$0$0$11,732,320
84$15,134,415$0$0$12,822,999
85$16,547,657$0$0$14,021,588
86$18,100,940$0$0$15,338,988
87$19,808,418$0$0$16,787,210
88$21,685,686$0$0$18,379,485
89$23,749,926$0$0$20,130,391
90$26,020,065$0$0$22,055,990
91$28,516,959$0$0$24,173,978
92$31,263,586$0$0$26,503,851
93$34,285,262$0$0$29,067,091
94$37,609,883$0$0$31,887,367
95$41,268,182$0$0$34,990,757
96$45,294,023$0$0$38,405,995
97$49,724,719$0$0$42,164,743
98$54,601,384$0$0$46,301,885
99$59,969,318$0$0$50,855,860
100$65,878,437$0$0$55,869,022