Can I retire at age 45 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$63,586$63,019$62,467$61,928$61,401$59,941
2 years$31,478$30,892$30,324$29,773$29,239$27,776
3 years$20,777$20,188$19,621$19,076$18,550$17,131
4 years$15,427$14,840$14,279$13,743$13,230$11,865
5 years$12,219$11,635$11,081$10,556$10,057$8,751
6 years$10,080$9,501$8,955$8,442$7,958$6,711
7 years$8,553$7,979$7,442$6,940$6,472$5,284
8 years$7,408$6,839$6,311$5,822$5,369$4,240
9 years$6,519$5,955$5,436$4,959$4,522$3,451
10 years$5,807$5,249$4,739$4,275$3,853$2,839
11 years$5,225$4,673$4,172$3,720$3,313$2,355
12 years$4,741$4,194$3,703$3,263$2,871$1,967
13 years$4,331$3,790$3,308$2,881$2,504$1,652
14 years$3,981$3,445$2,972$2,557$2,195$1,393
15 years$3,677$3,147$2,684$2,281$1,933$1,180
16 years$3,411$2,888$2,433$2,042$1,708$1,002
17 years$3,177$2,659$2,214$1,835$1,514$853
18 years$2,970$2,457$2,021$1,654$1,347$727
19 years$2,784$2,277$1,850$1,494$1,200$622
20 years$2,617$2,116$1,698$1,353$1,072$532
21 years$2,466$1,971$1,562$1,228$959$456
22 years$2,329$1,840$1,440$1,117$860$391
23 years$2,204$1,721$1,329$1,017$772$336
24 years$2,090$1,612$1,229$928$694$289
25 years$1,985$1,513$1,139$847$624$248
26 years$1,888$1,422$1,056$775$562$214
27 years$1,799$1,338$981$709$507$184
28 years$1,716$1,261$912$650$457$158
29 years$1,639$1,190$848$596$413$136
30 years$1,567$1,124$790$547$373$118
31 years$1,500$1,062$737$502$337$101
32 years$1,438$1,005$687$461$305$87
33 years$1,379$952$642$424$276$75
34 years$1,324$902$600$390$250$65
35 years$1,272$856$561$359$227$56
36 years$1,223$812$524$331$205$48
37 years$1,177$771$491$305$186$42
38 years$1,133$733$460$281$169$36
39 years$1,092$697$431$259$153$31
40 years$1,053$663$404$239$139$27
41 years$1,016$631$378$221$126$23
42 years$980$601$355$204$114$20
43 years$947$573$333$188$104$17
44 years$915$546$313$173$94$15
45 years$884$521$294$160$85$13
46 years$855$497$276$148$78$11
47 years$828$474$259$137$70$10
48 years$801$453$243$126$64$8
49 years$776$432$229$117$58$7
50 years$752$413$215$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $770,000, adding $3,302 every year, while hoping to spend $25,418 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: 44/26/30 Blend
44$770,000$770,000$770,000$770,000
45$851,946$811,136$799,201$881,883
46$911,800$823,837$798,930$916,345
47$976,907$836,309$797,797$951,022
48$1,047,776$848,513$795,748$988,138
49$1,124,968$860,408$792,724$1,027,935
50$1,209,098$871,952$788,664$1,070,681
51$1,300,845$883,096$783,503$1,116,672
52$1,400,956$893,792$777,175$1,166,236
53$1,510,251$903,986$769,608$1,219,735
54$1,629,636$913,621$760,730$1,277,569
55$1,760,107$922,636$750,462$1,340,180
56$1,902,759$930,967$738,724$1,408,059
57$2,058,801$938,544$725,431$1,481,744
58$2,229,560$945,294$710,495$1,561,833
59$2,416,501$951,139$693,822$1,648,985
60$2,621,235$955,996$675,316$1,743,929
61$2,845,536$959,775$654,874$1,847,471
62$3,091,360$962,383$632,392$1,960,498
63$3,360,859$963,720$607,757$2,083,994
64$3,656,403$963,679$580,853$2,219,042
65$3,980,603$962,147$551,559$2,366,841
66$4,336,337$959,004$519,749$2,528,713
67$4,726,771$954,123$485,288$2,706,118
68$5,155,396$947,369$448,039$2,900,669
69$5,626,055$938,599$407,857$3,114,146
70$6,142,982$927,660$364,590$3,348,513
71$6,710,843$914,392$318,081$3,605,940
72$7,334,776$898,624$268,163$3,888,820
73$8,020,442$880,175$214,665$4,199,796
74$8,774,078$858,855$157,407$4,541,784
75$9,602,554$834,459$96,201$4,918,003
76$10,513,441$806,774$30,850$5,332,003
77$11,515,079$775,572$0$5,787,702
78$12,616,655$740,614$0$6,301,874
79$13,828,294$701,644$0$6,878,188
80$15,161,149$658,393$0$7,512,092
81$16,627,510$610,579$0$8,209,467
82$18,240,918$557,899$0$8,976,797
83$20,016,291$500,035$0$9,821,228
84$21,970,068$436,653$0$10,750,638
85$24,120,363$367,396$0$11,773,713
86$26,487,132$291,891$0$12,900,026
87$29,092,365$209,740$0$14,140,132
88$31,960,295$120,525$0$15,505,665
89$35,117,619$23,805$0$17,009,449
90$38,593,758$0$0$18,665,622
91$42,421,128$0$0$20,512,909
92$46,635,450$0$0$22,554,578
93$51,276,085$0$0$24,802,901
94$56,386,406$0$0$27,278,908
95$62,014,204$0$0$30,005,770
96$68,212,144$0$0$33,009,022
97$75,038,256$0$0$36,316,798
98$82,556,490$0$0$39,960,105
99$90,837,309$0$0$43,973,108
100$99,958,364$0$0$48,393,454