Can I retire at age 45 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$63,751$63,183$62,629$62,088$61,560$60,590
2 years$31,560$30,972$30,403$29,850$29,314$28,340
3 years$20,831$20,241$19,672$19,125$18,598$17,649
4 years$15,468$14,879$14,316$13,779$13,264$12,348
5 years$12,250$11,665$11,110$10,583$10,083$9,203
6 years$10,106$9,526$8,979$8,464$7,979$7,135
7 years$8,575$8,000$7,461$6,958$6,489$5,682
8 years$7,428$6,857$6,328$5,837$5,383$4,612
9 years$6,535$5,970$5,450$4,972$4,533$3,799
10 years$5,822$5,263$4,752$4,286$3,863$3,164
11 years$5,239$4,685$4,183$3,730$3,322$2,658
12 years$4,753$4,205$3,712$3,272$2,879$2,249
13 years$4,343$3,800$3,317$2,888$2,510$1,914
14 years$3,991$3,454$2,980$2,564$2,201$1,637
15 years$3,686$3,155$2,691$2,287$1,938$1,405
16 years$3,420$2,895$2,440$2,047$1,712$1,210
17 years$3,186$2,666$2,220$1,840$1,518$1,045
18 years$2,977$2,464$2,026$1,658$1,350$904
19 years$2,791$2,283$1,855$1,498$1,203$784
20 years$2,624$2,122$1,703$1,357$1,075$682
21 years$2,473$1,976$1,566$1,231$962$593
22 years$2,335$1,845$1,443$1,120$862$517
23 years$2,210$1,725$1,333$1,020$774$451
24 years$2,096$1,617$1,232$930$696$393
25 years$1,990$1,517$1,142$849$626$344
26 years$1,893$1,426$1,059$777$564$301
27 years$1,804$1,342$983$711$508$263
28 years$1,721$1,264$914$651$459$230
29 years$1,643$1,193$850$597$414$202
30 years$1,571$1,127$792$548$374$177
31 years$1,504$1,065$739$503$338$155
32 years$1,441$1,008$689$463$306$136
33 years$1,383$954$643$425$277$119
34 years$1,327$904$601$391$251$104
35 years$1,275$858$562$360$227$92
36 years$1,226$814$526$332$206$80
37 years$1,180$773$492$306$187$71
38 years$1,136$735$461$282$169$62
39 years$1,095$699$432$260$153$54
40 years$1,055$665$405$240$139$48
41 years$1,018$633$379$221$126$42
42 years$983$603$356$204$115$37
43 years$949$574$334$188$104$32
44 years$917$547$314$174$94$28
45 years$887$522$294$161$86$25
46 years$858$498$276$148$78$22
47 years$830$475$260$137$71$19
48 years$803$454$244$127$64$17
49 years$778$433$229$117$58$15
50 years$754$414$216$108$53$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $772,000, adding $4,323 every year, while hoping to spend $39,716 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: 48/39/13 Blend
44$772,000$772,000$772,000$772,000
45$855,203$814,287$802,321$892,974
46$900,176$811,930$786,941$917,116
47$948,406$808,126$769,715$938,853
48$1,000,181$802,762$750,539$961,569
49$1,055,822$795,720$729,304$985,369
50$1,115,677$786,871$705,897$1,010,371
51$1,180,130$776,082$680,199$1,036,706
52$1,249,603$763,210$652,085$1,064,524
53$1,324,559$748,103$621,427$1,093,990
54$1,405,507$730,603$588,087$1,125,289
55$1,493,005$710,539$551,925$1,158,629
56$1,587,669$687,733$512,791$1,194,241
57$1,690,173$661,993$470,531$1,232,385
58$1,801,260$633,120$424,984$1,273,349
59$1,921,747$600,902$375,979$1,317,457
60$2,052,531$565,112$323,340$1,365,067
61$2,194,600$525,514$266,883$1,416,579
62$2,349,041$481,855$206,416$1,472,441
63$2,517,049$433,872$141,736$1,533,148
64$2,699,938$381,281$72,634$1,599,253
65$2,899,155$323,788$0$1,671,370
66$3,116,294$261,078$0$1,750,338
67$3,353,105$192,820$0$1,847,523
68$3,611,517$118,664$0$1,953,717
69$3,893,654$38,241$0$2,069,892
70$4,201,853$0$0$2,197,123
71$4,538,686$0$0$2,357,563
72$4,906,986$0$0$2,551,017
73$5,309,871$0$0$2,762,723
74$5,750,774$0$0$2,994,494
75$6,233,478$0$0$3,248,331
76$6,762,146$0$0$3,526,434
77$7,341,362$0$0$3,831,226
78$7,976,177$0$0$4,165,378
79$8,672,152$0$0$4,531,830
80$9,435,413$0$0$4,933,819
81$10,272,705$0$0$5,374,913
82$11,191,459$0$0$5,859,041
83$12,199,861$0$0$6,390,531
84$13,306,927$0$0$6,974,149
85$14,522,588$0$0$7,615,147
86$15,857,784$0$0$8,319,311
87$17,324,568$0$0$9,093,013
88$18,936,216$0$0$9,943,274
89$20,707,356$0$0$10,877,829
90$22,654,100$0$0$11,905,200
91$24,794,203$0$0$13,034,774
92$27,147,221$0$0$14,276,896
93$29,734,703$0$0$15,642,959
94$32,580,391$0$0$17,145,520
95$35,710,440$0$0$18,798,413
96$39,153,670$0$0$20,616,878
97$42,941,833$0$0$22,617,708
98$47,109,916$0$0$24,819,408
99$51,696,465$0$0$27,242,364
100$56,743,955$0$0$29,909,040