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%13.6%
1 years$63,999$63,429$62,873$62,330$61,800$60,876
2 years$31,683$31,093$30,521$29,966$29,428$28,500
3 years$20,912$20,319$19,749$19,200$18,671$17,766
4 years$15,528$14,937$14,372$13,832$13,316$12,443
5 years$12,298$11,711$11,153$10,624$10,123$9,283
6 years$10,145$9,563$9,014$8,496$8,010$7,204
7 years$8,609$8,031$7,490$6,985$6,514$5,744
8 years$7,456$6,884$6,352$5,860$5,404$4,668
9 years$6,561$5,994$5,471$4,991$4,551$3,850
10 years$5,845$5,283$4,770$4,303$3,878$3,210
11 years$5,259$4,703$4,199$3,745$3,335$2,700
12 years$4,772$4,221$3,727$3,284$2,890$2,288
13 years$4,359$3,815$3,330$2,900$2,520$1,949
14 years$4,006$3,468$2,992$2,574$2,209$1,669
15 years$3,701$3,168$2,701$2,296$1,945$1,435
16 years$3,434$2,906$2,449$2,055$1,719$1,237
17 years$3,198$2,677$2,229$1,847$1,524$1,070
18 years$2,989$2,473$2,034$1,664$1,355$927
19 years$2,802$2,292$1,862$1,504$1,208$806
20 years$2,634$2,130$1,709$1,362$1,079$701
21 years$2,482$1,984$1,572$1,236$966$611
22 years$2,344$1,852$1,449$1,124$866$533
23 years$2,219$1,732$1,338$1,024$777$466
24 years$2,104$1,623$1,237$934$698$407
25 years$1,998$1,523$1,146$853$628$356
26 years$1,901$1,431$1,063$780$566$312
27 years$1,811$1,347$987$714$510$273
28 years$1,727$1,269$917$654$460$240
29 years$1,650$1,198$854$600$416$210
30 years$1,578$1,131$795$550$376$185
31 years$1,510$1,069$741$505$340$162
32 years$1,447$1,012$692$464$307$142
33 years$1,388$958$646$427$278$125
34 years$1,332$908$603$393$252$110
35 years$1,280$861$564$362$228$97
36 years$1,231$817$528$333$207$85
37 years$1,184$776$494$307$187$75
38 years$1,140$738$463$283$170$66
39 years$1,099$702$433$261$154$58
40 years$1,060$667$406$241$140$51
41 years$1,022$635$381$222$127$45
42 years$987$605$357$205$115$39
43 years$953$577$335$189$104$35
44 years$921$550$315$175$95$30
45 years$890$524$296$161$86$27
46 years$861$500$278$149$78$24
47 years$833$477$261$138$71$21
48 years$807$455$245$127$64$18
49 years$781$435$230$118$58$16
50 years$757$415$217$109$53$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $775,000, adding $2,893 every year, while hoping to spend $23,935 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: 29/50/21 Blend
44$775,000$775,000$775,000$775,000
45$857,034$815,959$803,947$876,164
46$918,985$830,474$805,412$905,632
47$986,453$844,899$806,125$934,963
48$1,059,974$859,203$806,033$965,992
49$1,140,142$873,354$805,086$998,880
50$1,227,606$887,318$803,226$1,033,807
51$1,323,084$901,058$800,395$1,070,967
52$1,427,363$914,534$796,534$1,110,580
53$1,541,312$927,705$791,576$1,152,887
54$1,665,888$940,525$785,456$1,198,156
55$1,802,142$952,944$778,102$1,246,681
56$1,951,234$964,912$769,442$1,298,790
57$2,114,439$976,372$759,397$1,354,844
58$2,293,163$987,265$747,888$1,415,246
59$2,488,953$997,528$734,830$1,480,436
60$2,703,513$1,007,093$720,133$1,550,906
61$2,938,719$1,015,889$703,706$1,627,197
62$3,196,639$1,023,838$685,450$1,709,908
63$3,479,550$1,030,860$665,266$1,799,703
64$3,789,958$1,036,866$643,047$1,897,314
65$4,130,626$1,041,764$618,681$2,003,552
66$4,504,596$1,045,457$592,053$2,119,311
67$4,915,219$1,047,839$563,041$2,245,582
68$5,366,187$1,048,798$531,518$2,383,458
69$5,861,566$1,048,218$497,353$2,534,149
70$6,405,838$1,045,972$460,406$2,698,991
71$7,003,936$1,041,928$420,532$2,879,459
72$7,661,299$1,035,943$377,581$3,077,184
73$8,383,915$1,027,869$331,394$3,293,969
74$9,178,386$1,017,545$281,807$3,531,802
75$10,051,980$1,004,804$228,647$3,792,882
76$11,012,709$989,467$171,734$4,079,636
77$12,069,399$971,344$110,880$4,394,744
78$13,231,773$950,235$45,890$4,741,167
79$14,510,545$925,928$0$5,122,172
80$15,917,519$898,197$0$5,546,627
81$17,465,702$866,804$0$6,024,571
82$19,169,424$831,498$0$6,550,158
83$21,044,476$792,012$0$7,128,295
84$23,108,256$748,064$0$7,764,393
85$25,379,934$699,356$0$8,464,422
86$27,880,635$645,572$0$9,234,967
87$30,633,634$586,379$0$10,083,291
88$33,664,577$521,424$0$11,017,405
89$37,001,726$450,336$0$12,046,145
90$40,676,220$372,720$0$13,179,256
91$44,722,372$288,161$0$14,427,484
92$49,177,993$196,220$0$15,802,683
93$54,084,746$96,432$0$17,317,924
94$59,488,542$0$0$18,987,621
95$65,439,970$0$0$20,834,103
96$71,994,777$0$0$22,926,393
97$79,214,392$0$0$25,231,064
98$87,166,507$0$0$27,769,746
99$95,925,713$0$0$30,566,275
100$105,574,208$0$0$33,646,917