Can I retire at age 45 with 774,000?

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 $774,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$63,916$63,347$62,791$62,249$61,720$61,075
2 years$31,642$31,052$30,481$29,928$29,390$28,741
3 years$20,885$20,293$19,723$19,175$18,646$18,013
4 years$15,508$14,918$14,354$13,814$13,299$12,686
5 years$12,282$11,696$11,139$10,611$10,110$9,519
6 years$10,132$9,550$9,002$8,486$7,999$7,432
7 years$8,597$8,020$7,481$6,976$6,506$5,961
8 years$7,447$6,875$6,344$5,852$5,397$4,876
9 years$6,552$5,986$5,464$4,985$4,545$4,047
10 years$5,837$5,276$4,764$4,297$3,873$3,397
11 years$5,253$4,697$4,194$3,740$3,331$2,877
12 years$4,766$4,216$3,722$3,280$2,886$2,455
13 years$4,354$3,810$3,325$2,896$2,517$2,107
14 years$4,001$3,463$2,988$2,571$2,206$1,817
15 years$3,696$3,164$2,698$2,293$1,943$1,574
16 years$3,429$2,903$2,446$2,053$1,717$1,367
17 years$3,194$2,673$2,226$1,844$1,522$1,192
18 years$2,985$2,470$2,032$1,662$1,354$1,041
19 years$2,798$2,289$1,860$1,502$1,206$912
20 years$2,631$2,127$1,707$1,360$1,078$800
21 years$2,479$1,981$1,570$1,235$964$703
22 years$2,341$1,850$1,447$1,122$864$618
23 years$2,216$1,730$1,336$1,022$776$545
24 years$2,101$1,621$1,236$932$697$480
25 years$1,995$1,521$1,144$851$628$424
26 years$1,898$1,430$1,061$779$565$375
27 years$1,808$1,345$986$713$510$331
28 years$1,725$1,268$916$653$460$293
29 years$1,648$1,196$853$599$415$259
30 years$1,576$1,129$794$550$375$230
31 years$1,508$1,068$740$505$339$203
32 years$1,445$1,010$691$464$307$180
33 years$1,386$957$645$427$278$160
34 years$1,331$907$603$392$251$142
35 years$1,278$860$563$361$228$126
36 years$1,229$816$527$333$206$112
37 years$1,183$775$493$307$187$99
38 years$1,139$737$462$283$170$88
39 years$1,098$701$433$261$154$78
40 years$1,058$667$406$240$139$69
41 years$1,021$635$380$222$127$62
42 years$985$604$357$205$115$55
43 years$952$576$335$189$104$49
44 years$920$549$314$174$95$43
45 years$889$523$295$161$86$38
46 years$860$499$277$149$78$34
47 years$832$476$260$137$71$30
48 years$805$455$245$127$64$27
49 years$780$434$230$117$58$24
50 years$756$415$216$108$53$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $774,000, adding $4,702 every year, while hoping to spend $49,998 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: 75/6/19 Blend
44$774,000$774,000$774,000$774,000
45$857,798$816,776$804,779$917,992
46$892,096$803,601$778,542$945,339
47$928,217$788,104$749,750$968,707
48$966,293$770,119$718,265$993,011
49$1,006,470$749,470$683,942$1,018,331
50$1,048,906$725,971$646,630$1,044,757
51$1,093,774$699,422$606,171$1,072,387
52$1,141,261$669,617$562,400$1,101,332
53$1,191,574$636,332$515,145$1,131,714
54$1,244,936$599,334$464,224$1,163,669
55$1,301,594$558,375$409,450$1,197,348
56$1,361,816$513,195$350,625$1,232,916
57$1,425,895$463,515$287,545$1,270,560
58$1,494,153$409,045$219,995$1,310,485
59$1,566,943$349,473$147,751$1,352,918
60$1,644,649$284,475$70,578$1,398,112
61$1,727,694$213,706$0$1,446,347
62$1,816,541$136,800$0$1,500,321
63$1,911,699$53,373$0$1,573,413
64$2,013,723$0$0$1,651,736
65$2,123,225$0$0$1,738,208
66$2,240,876$0$0$1,834,922
67$2,367,412$0$0$1,938,963
68$2,503,640$0$0$2,050,998
69$2,650,447$0$0$2,171,759
70$2,808,810$0$0$2,302,052
71$2,979,798$0$0$2,442,762
72$3,164,588$0$0$2,594,860
73$3,364,474$0$0$2,759,414
74$3,580,876$0$0$2,937,599
75$3,815,358$0$0$3,130,705
76$4,069,638$0$0$3,340,153
77$4,345,606$0$0$3,567,504
78$4,645,340$0$0$3,814,473
79$4,971,126$0$0$4,082,951
80$5,325,479$0$0$4,375,014
81$5,711,165$0$0$4,692,950
82$6,131,230$0$0$5,039,272
83$6,589,024$0$0$5,416,751
84$7,088,233$0$0$5,828,432
85$7,632,917$0$0$6,277,668
86$8,227,541$0$0$6,768,150
87$8,877,023$0$0$7,303,942
88$9,586,776$0$0$7,889,516
89$10,362,759$0$0$8,529,796
90$11,211,533$0$0$9,230,204
91$12,140,323$0$0$9,996,711
92$13,157,084$0$0$10,835,890
93$14,270,575$0$0$11,754,980
94$15,490,444$0$0$12,761,953
95$16,827,314$0$0$13,865,588
96$18,292,886$0$0$15,075,554
97$19,900,045$0$0$16,402,500
98$21,662,985$0$0$17,858,156
99$23,597,339$0$0$19,455,441
100$25,720,325$0$0$21,208,585