Can I retire at age 45 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$63,999$63,429$62,873$62,330$61,800$60,701
2 years$31,683$31,093$30,521$29,966$29,428$28,325
3 years$20,912$20,319$19,749$19,200$18,671$17,597
4 years$15,528$14,937$14,372$13,832$13,316$12,281
5 years$12,298$11,711$11,153$10,624$10,123$9,129
6 years$10,145$9,563$9,014$8,496$8,010$7,058
7 years$8,609$8,031$7,490$6,985$6,514$5,605
8 years$7,456$6,884$6,352$5,860$5,404$4,537
9 years$6,561$5,994$5,471$4,991$4,551$3,726
10 years$5,845$5,283$4,770$4,303$3,878$3,094
11 years$5,259$4,703$4,199$3,745$3,335$2,591
12 years$4,772$4,221$3,727$3,284$2,890$2,185
13 years$4,359$3,815$3,330$2,900$2,520$1,853
14 years$4,006$3,468$2,992$2,574$2,209$1,579
15 years$3,701$3,168$2,701$2,296$1,945$1,351
16 years$3,434$2,906$2,449$2,055$1,719$1,159
17 years$3,198$2,677$2,229$1,847$1,524$998
18 years$2,989$2,473$2,034$1,664$1,355$860
19 years$2,802$2,292$1,862$1,504$1,208$744
20 years$2,634$2,130$1,709$1,362$1,079$644
21 years$2,482$1,984$1,572$1,236$966$558
22 years$2,344$1,852$1,449$1,124$866$484
23 years$2,219$1,732$1,338$1,024$777$421
24 years$2,104$1,623$1,237$934$698$366
25 years$1,998$1,523$1,146$853$628$318
26 years$1,901$1,431$1,063$780$566$277
27 years$1,811$1,347$987$714$510$242
28 years$1,727$1,269$917$654$460$211
29 years$1,650$1,198$854$600$416$184
30 years$1,578$1,131$795$550$376$160
31 years$1,510$1,069$741$505$340$140
32 years$1,447$1,012$692$464$307$122
33 years$1,388$958$646$427$278$107
34 years$1,332$908$603$393$252$93
35 years$1,280$861$564$362$228$81
36 years$1,231$817$528$333$207$71
37 years$1,184$776$494$307$187$62
38 years$1,140$738$463$283$170$54
39 years$1,099$702$433$261$154$48
40 years$1,060$667$406$241$140$42
41 years$1,022$635$381$222$127$36
42 years$987$605$357$205$115$32
43 years$953$577$335$189$104$28
44 years$921$550$315$175$95$24
45 years$890$524$296$161$86$21
46 years$861$500$278$149$78$19
47 years$833$477$261$138$71$16
48 years$807$455$245$127$64$14
49 years$781$435$230$118$58$12
50 years$757$415$217$109$53$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $775,000, adding $4,175 every year, while hoping to spend $34,360 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: 53/35/12 Blend
44$775,000$775,000$775,000$775,000
45$858,357$817,282$805,269$900,942
46$909,350$820,770$795,687$933,892
47$964,393$823,277$784,632$965,677
48$1,023,863$824,719$772,019$999,465
49$1,088,174$825,007$757,758$1,035,456
50$1,157,780$824,045$741,755$1,073,867
51$1,233,183$821,732$723,913$1,114,943
52$1,314,931$817,961$704,128$1,158,952
53$1,403,631$812,618$682,293$1,206,193
54$1,499,948$805,582$658,296$1,256,996
55$1,604,613$796,726$632,020$1,311,727
56$1,718,431$785,913$603,340$1,370,791
57$1,842,288$773,001$572,129$1,434,638
58$1,977,160$757,835$538,253$1,503,764
59$2,124,117$740,256$501,572$1,578,718
60$2,284,340$720,092$461,938$1,660,109
61$2,459,128$697,162$419,198$1,748,610
62$2,649,911$671,275$373,193$1,844,967
63$2,858,263$642,228$323,756$1,950,003
64$3,085,915$609,806$270,711$2,064,630
65$3,334,775$573,784$213,876$2,189,856
66$3,606,942$533,920$153,062$2,326,796
67$3,904,730$489,961$88,069$2,476,683
68$4,230,683$441,640$18,690$2,640,880
69$4,587,605$388,673$0$2,820,893
70$4,978,583$330,760$0$3,025,475
71$5,407,016$267,585$0$3,252,393
72$5,876,649$198,814$0$3,501,315
73$6,391,605$124,094$0$3,774,521
74$6,956,427$43,052$0$4,074,526
75$7,576,115$0$0$4,404,108
76$8,256,182$0$0$4,783,549
77$9,002,694$0$0$5,218,343
78$9,822,340$0$0$5,695,812
79$10,722,482$0$0$6,220,257
80$11,711,234$0$0$6,796,414
81$12,797,533$0$0$7,429,503
82$13,991,225$0$0$8,125,273
83$15,303,156$0$0$8,890,056
84$16,745,277$0$0$9,730,832
85$18,330,751$0$0$10,655,288
86$20,074,084$0$0$11,671,893
87$21,991,255$0$0$12,789,979
88$24,099,870$0$0$14,019,829
89$26,419,327$0$0$15,372,769
90$28,970,999$0$0$16,861,281
91$31,778,434$0$0$18,499,116
92$34,867,577$0$0$20,301,427
93$38,267,017$0$0$22,284,910
94$42,008,253$0$0$24,467,958
95$46,125,992$0$0$26,870,842
96$50,658,477$0$0$29,515,896
97$55,647,845$0$0$32,427,728
98$61,140,528$0$0$35,633,455
99$67,187,689$0$0$39,162,956
100$73,845,700$0$0$43,049,156