Can I retire at age 45 with 777,000?

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 $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$64,164$63,592$63,035$62,491$61,959$60,634
2 years$31,764$31,173$30,599$30,044$29,504$28,176
3 years$20,966$20,372$19,800$19,249$18,719$17,428
4 years$15,568$14,975$14,409$13,868$13,350$12,108
5 years$12,330$11,741$11,182$10,652$10,149$8,957
6 years$10,172$9,587$9,037$8,518$8,030$6,892
7 years$8,631$8,051$7,510$7,003$6,531$5,445
8 years$7,476$6,902$6,369$5,875$5,418$4,385
9 years$6,578$6,009$5,485$5,004$4,563$3,581
10 years$5,860$5,297$4,782$4,314$3,888$2,957
11 years$5,273$4,715$4,210$3,754$3,344$2,463
12 years$4,784$4,232$3,737$3,293$2,897$2,065
13 years$4,371$3,825$3,338$2,907$2,527$1,741
14 years$4,017$3,477$3,000$2,581$2,215$1,475
15 years$3,710$3,176$2,708$2,301$1,950$1,254
16 years$3,442$2,914$2,455$2,061$1,723$1,069
17 years$3,206$2,684$2,234$1,852$1,528$914
18 years$2,997$2,480$2,040$1,669$1,359$783
19 years$2,809$2,298$1,867$1,508$1,211$672
20 years$2,641$2,136$1,714$1,366$1,082$578
21 years$2,489$1,989$1,576$1,239$968$498
22 years$2,350$1,857$1,453$1,127$868$429
23 years$2,224$1,737$1,341$1,026$779$370
24 years$2,109$1,627$1,240$936$700$320
25 years$2,003$1,527$1,149$855$630$276
26 years$1,906$1,435$1,066$782$567$239
27 years$1,815$1,351$989$715$512$207
28 years$1,732$1,273$920$655$462$179
29 years$1,654$1,201$856$601$417$155
30 years$1,582$1,134$797$552$377$134
31 years$1,514$1,072$743$507$341$116
32 years$1,451$1,014$694$466$308$101
33 years$1,391$960$648$428$279$87
34 years$1,336$910$605$394$252$76
35 years$1,283$863$566$363$229$66
36 years$1,234$820$529$334$207$57
37 years$1,187$778$495$308$188$49
38 years$1,143$740$464$284$170$43
39 years$1,102$703$435$262$154$37
40 years$1,062$669$407$241$140$32
41 years$1,025$637$382$223$127$28
42 years$989$607$358$205$115$24
43 years$955$578$336$190$105$21
44 years$923$551$316$175$95$18
45 years$892$525$296$162$86$16
46 years$863$501$278$149$78$14
47 years$835$478$261$138$71$12
48 years$809$457$246$127$65$10
49 years$783$436$231$118$59$9
50 years$759$417$217$109$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $777,000, adding $2,036 every year, while hoping to spend $50,438 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: 54/38/8 Blend
44$777,000$777,000$777,000$777,000
45$858,354$817,173$805,130$902,939
46$892,241$803,549$778,436$919,725
47$927,893$787,567$749,157$932,279
48$965,438$769,058$717,154$944,730
49$1,005,015$747,843$682,280$957,079
50$1,046,772$723,734$644,383$969,326
51$1,090,876$696,529$603,302$981,476
52$1,137,503$666,017$558,871$993,538
53$1,186,851$631,975$510,916$1,005,524
54$1,239,132$594,163$459,254$1,017,452
55$1,294,578$552,333$403,694$1,029,345
56$1,353,446$506,217$344,038$1,041,232
57$1,416,013$455,538$280,079$1,053,150
58$1,482,584$399,997$211,599$1,065,145
59$1,553,493$339,282$138,373$1,077,272
60$1,629,104$273,062$60,164$1,089,597
61$1,709,818$200,987$0$1,102,199
62$1,796,073$122,689$0$1,117,158
63$1,888,350$37,778$0$1,138,205
64$1,987,175$0$0$1,160,349
65$2,093,125$0$0$1,206,404
66$2,206,835$0$0$1,272,837
67$2,329,001$0$0$1,344,262
68$2,460,384$0$0$1,421,133
69$2,601,825$0$0$1,503,947
70$2,754,242$0$0$1,593,251
71$2,918,648$0$0$1,689,645
72$3,096,152$0$0$1,793,788
73$3,287,976$0$0$1,906,405
74$3,495,460$0$0$2,028,293
75$3,720,078$0$0$2,160,328
76$3,963,453$0$0$2,303,473
77$4,227,366$0$0$2,458,786
78$4,513,776$0$0$2,627,433
79$4,824,839$0$0$2,810,694
80$5,162,927$0$0$3,009,978
81$5,530,647$0$0$3,226,836
82$5,930,869$0$0$3,462,974
83$6,366,751$0$0$3,720,268
84$6,841,768$0$0$4,000,784
85$7,359,743$0$0$4,306,796
86$7,924,884$0$0$4,640,806
87$8,541,826$0$0$5,005,569
88$9,215,666$0$0$5,404,117
89$9,952,019$0$0$5,839,788
90$10,757,065$0$0$6,316,257
91$11,637,610$0$0$6,837,572
92$12,601,144$0$0$7,408,188
93$13,655,919$0$0$8,033,013
94$14,811,018$0$0$8,717,449
95$16,076,447$0$0$9,467,447
96$17,463,223$0$0$10,289,561
97$18,983,480$0$0$11,191,008
98$20,650,581$0$0$12,179,738
99$22,479,247$0$0$13,264,507
100$24,485,690$0$0$14,454,959