Can I retire at age 45 with 773,000?

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 $773,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$63,834$63,265$62,710$62,169$61,640$59,811
2 years$31,601$31,012$30,442$29,889$29,352$27,525
3 years$20,858$20,267$19,698$19,150$18,622$16,853
4 years$15,488$14,898$14,335$13,797$13,282$11,585
5 years$12,266$11,680$11,125$10,597$10,096$8,476
6 years$10,119$9,538$8,990$8,475$7,989$6,447
7 years$8,586$8,010$7,471$6,967$6,497$5,034
8 years$7,437$6,866$6,336$5,845$5,390$4,004
9 years$6,544$5,978$5,457$4,978$4,539$3,229
10 years$5,830$5,269$4,758$4,291$3,868$2,632
11 years$5,246$4,691$4,189$3,735$3,326$2,163
12 years$4,759$4,210$3,717$3,276$2,882$1,789
13 years$4,348$3,805$3,321$2,892$2,514$1,487
14 years$3,996$3,459$2,984$2,567$2,203$1,241
15 years$3,691$3,160$2,694$2,290$1,940$1,040
16 years$3,425$2,899$2,443$2,050$1,715$873
17 years$3,190$2,670$2,223$1,842$1,520$735
18 years$2,981$2,467$2,029$1,660$1,352$621
19 years$2,795$2,286$1,858$1,500$1,205$524
20 years$2,627$2,125$1,705$1,359$1,076$444
21 years$2,476$1,979$1,568$1,233$963$376
22 years$2,338$1,847$1,445$1,121$863$319
23 years$2,213$1,728$1,334$1,021$775$271
24 years$2,098$1,619$1,234$931$697$230
25 years$1,993$1,519$1,143$850$627$195
26 years$1,896$1,428$1,060$778$565$166
27 years$1,806$1,344$984$712$509$141
28 years$1,723$1,266$915$652$459$120
29 years$1,646$1,194$852$598$415$102
30 years$1,573$1,128$793$549$375$87
31 years$1,506$1,066$739$504$339$74
32 years$1,443$1,009$690$463$306$63
33 years$1,384$956$644$426$277$54
34 years$1,329$906$602$392$251$46
35 years$1,277$859$563$361$227$39
36 years$1,228$815$526$332$206$33
37 years$1,181$774$493$306$187$28
38 years$1,138$736$461$282$169$24
39 years$1,096$700$432$260$154$21
40 years$1,057$666$405$240$139$18
41 years$1,020$634$380$221$126$15
42 years$984$604$356$204$115$13
43 years$950$575$334$189$104$11
44 years$918$548$314$174$94$9
45 years$888$523$295$161$86$8
46 years$859$499$277$149$78$7
47 years$831$476$260$137$71$6
48 years$804$454$244$127$64$5
49 years$779$434$230$117$58$4
50 years$755$414$216$108$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $773,000, adding $3,201 every year, while hoping to spend $53,637 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: 60/27/13 Blend
44$773,000$773,000$773,000$773,000
45$855,148$814,179$802,197$903,543
46$885,304$797,004$772,002$919,317
47$916,737$777,190$738,997$930,196
48$949,523$754,551$703,032$940,776
49$983,741$728,890$663,949$951,032
50$1,019,475$699,999$621,584$960,941
51$1,056,819$667,657$575,765$970,477
52$1,095,874$631,630$526,312$979,617
53$1,136,746$591,674$473,037$988,337
54$1,179,554$547,525$415,743$996,616
55$1,224,424$498,910$354,226$1,004,431
56$1,271,495$445,536$288,272$1,011,763
57$1,320,915$387,095$217,657$1,018,593
58$1,372,848$323,262$142,148$1,024,906
59$1,427,469$253,693$61,501$1,030,688
60$1,484,972$178,025$0$1,035,929
61$1,545,565$95,873$0$1,044,032
62$1,609,475$6,834$0$1,060,912
63$1,676,952$0$0$1,078,073
64$1,748,266$0$0$1,122,163
65$1,823,712$0$0$1,170,984
66$1,903,613$0$0$1,222,716
67$1,988,321$0$0$1,277,593
68$2,078,222$0$0$1,335,867
69$2,173,735$0$0$1,397,815
70$2,275,323$0$0$1,463,742
71$2,383,488$0$0$1,533,979
72$2,498,782$0$0$1,608,889
73$2,621,810$0$0$1,688,871
74$2,753,234$0$0$1,774,361
75$2,893,779$0$0$1,865,838
76$3,044,241$0$0$1,963,827
77$3,205,492$0$0$2,068,901
78$3,378,488$0$0$2,181,694
79$3,564,280$0$0$2,302,896
80$3,764,021$0$0$2,433,270
81$3,978,975$0$0$2,573,649
82$4,210,531$0$0$2,724,950
83$4,460,215$0$0$2,888,182
84$4,729,704$0$0$3,064,449
85$5,020,839$0$0$3,254,968
86$5,335,645$0$0$3,461,076
87$5,676,344$0$0$3,684,241
88$6,045,384$0$0$3,926,078
89$6,445,452$0$0$4,188,362
90$6,879,506$0$0$4,473,047
91$7,350,796$0$0$4,782,281
92$7,862,900$0$0$5,118,425
93$8,419,752$0$0$5,484,078
94$9,025,680$0$0$5,882,102
95$9,685,447$0$0$6,315,640
96$10,404,293$0$0$6,788,158
97$11,187,985$0$0$7,303,463
98$12,042,872$0$0$7,865,752
99$12,975,939$0$0$8,479,641
100$13,994,876$0$0$9,150,211