Can I retire at age 45 with 769,000?

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 $769,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$63,503$62,938$62,386$61,847$61,321$59,005
2 years$31,437$30,852$30,284$29,734$29,201$26,894
3 years$20,750$20,162$19,596$19,051$18,526$16,301
4 years$15,407$14,821$14,261$13,725$13,213$11,087
5 years$12,203$11,620$11,067$10,542$10,044$8,023
6 years$10,067$9,489$8,944$8,431$7,948$6,033
7 years$8,542$7,969$7,432$6,931$6,464$4,654
8 years$7,399$6,830$6,303$5,815$5,362$3,656
9 years$6,510$5,947$5,429$4,953$4,516$2,911
10 years$5,800$5,242$4,733$4,269$3,848$2,341
11 years$5,219$4,667$4,167$3,716$3,309$1,898
12 years$4,735$4,189$3,698$3,259$2,868$1,548
13 years$4,326$3,785$3,304$2,877$2,501$1,268
14 years$3,975$3,441$2,969$2,554$2,192$1,044
15 years$3,672$3,143$2,680$2,278$1,930$861
16 years$3,407$2,884$2,430$2,040$1,706$713
17 years$3,173$2,656$2,211$1,832$1,512$591
18 years$2,966$2,454$2,019$1,651$1,345$491
19 years$2,780$2,274$1,848$1,492$1,199$408
20 years$2,614$2,114$1,696$1,351$1,071$340
21 years$2,463$1,969$1,560$1,227$958$283
22 years$2,326$1,838$1,438$1,115$859$236
23 years$2,202$1,719$1,327$1,016$771$197
24 years$2,087$1,610$1,228$926$693$165
25 years$1,983$1,511$1,137$846$624$138
26 years$1,886$1,420$1,055$774$562$115
27 years$1,797$1,337$979$708$506$96
28 years$1,714$1,260$910$649$457$80
29 years$1,637$1,188$847$595$413$67
30 years$1,565$1,122$789$546$373$56
31 years$1,498$1,061$736$501$337$47
32 years$1,436$1,004$686$461$305$39
33 years$1,377$951$641$424$276$33
34 years$1,322$901$599$390$250$28
35 years$1,270$855$560$359$226$23
36 years$1,221$811$524$331$205$19
37 years$1,175$770$490$305$186$16
38 years$1,132$732$459$281$168$14
39 years$1,090$696$430$259$153$11
40 years$1,051$662$403$239$139$10
41 years$1,014$630$378$220$126$8
42 years$979$600$355$203$114$7
43 years$946$572$333$188$104$6
44 years$914$545$312$173$94$5
45 years$883$520$293$160$85$4
46 years$854$496$275$148$77$3
47 years$827$473$259$137$70$3
48 years$800$452$243$126$64$2
49 years$775$432$229$117$58$2
50 years$751$412$215$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $769,000, adding $5,942 every year, while hoping to spend $28,842 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: 56/34/10 Blend
44$769,000$769,000$769,000$769,000
45$853,567$812,810$800,891$898,950
46$909,943$821,950$797,033$939,441
47$971,103$830,571$792,079$979,822
48$1,037,504$838,618$785,962$1,023,114
49$1,109,650$846,030$778,612$1,069,600
50$1,188,093$852,745$769,955$1,119,591
51$1,273,444$858,694$759,913$1,173,430
52$1,366,371$863,806$748,406$1,231,499
53$1,467,612$868,004$735,349$1,294,214
54$1,577,979$871,207$720,654$1,362,040
55$1,698,365$873,328$704,228$1,435,487
56$1,829,752$874,275$685,973$1,515,118
57$1,973,222$873,950$665,789$1,601,556
58$2,129,967$872,249$643,569$1,695,488
59$2,301,297$869,063$619,202$1,797,673
60$2,488,656$864,274$592,572$1,908,947
61$2,693,633$857,758$563,557$2,030,235
62$2,917,979$849,383$532,032$2,162,557
63$3,163,620$839,010$497,862$2,307,039
64$3,432,679$826,492$460,910$2,464,923
65$3,727,493$811,670$421,031$2,637,581
66$4,050,635$794,380$378,074$2,826,527
67$4,404,940$774,445$331,879$3,033,430
68$4,793,530$751,679$282,284$3,260,134
69$5,219,844$725,885$229,114$3,508,674
70$5,687,669$696,854$172,190$3,781,293
71$6,201,178$664,366$111,325$4,080,469
72$6,764,965$628,188$46,322$4,408,933
73$7,384,094$588,071$0$4,769,702
74$8,064,140$543,755$0$5,168,560
75$8,811,248$494,964$0$5,612,153
76$9,632,184$441,407$0$6,099,605
77$10,534,405$382,774$0$6,635,407
78$11,526,124$318,739$0$7,224,512
79$12,616,390$248,959$0$7,872,382
80$13,815,174$173,070$0$8,585,038
81$15,133,459$90,688$0$9,369,122
82$16,583,346$1,406$0$10,231,959
83$18,178,170$0$0$11,181,623
84$19,932,621$0$0$12,262,637
85$21,862,884$0$0$13,452,638
86$23,986,794$0$0$14,762,105
87$26,324,000$0$0$16,203,162
88$28,896,154$0$0$17,789,169
89$31,727,111$0$0$19,534,848
90$34,843,158$0$0$21,456,419
91$38,273,258$0$0$23,571,753
92$42,049,325$0$0$25,900,545
93$46,206,525$0$0$28,464,495
94$50,783,607$0$0$31,287,514
95$55,823,267$0$0$34,395,949
96$61,372,555$0$0$37,818,834
97$67,483,312$0$0$41,588,159
98$74,212,666$0$0$45,739,178
99$81,623,564$0$0$50,310,735
100$89,785,372$0$0$55,345,635