Can I retire at age 45 with 778,000?

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 $778,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$64,247$63,674$63,116$62,571$62,039$60,687
2 years$31,805$31,213$30,639$30,082$29,542$28,187
3 years$20,993$20,398$19,825$19,274$18,743$17,427
4 years$15,588$14,995$14,428$13,886$13,368$12,101
5 years$12,346$11,756$11,197$10,666$10,162$8,948
6 years$10,185$9,600$9,048$8,529$8,041$6,880
7 years$8,642$8,062$7,519$7,012$6,539$5,433
8 years$7,485$6,910$6,377$5,883$5,425$4,373
9 years$6,586$6,017$5,492$5,011$4,569$3,569
10 years$5,867$5,303$4,788$4,319$3,893$2,945
11 years$5,280$4,721$4,216$3,759$3,348$2,451
12 years$4,790$4,238$3,741$3,297$2,901$2,054
13 years$4,376$3,830$3,343$2,911$2,530$1,731
14 years$4,022$3,481$3,003$2,584$2,218$1,465
15 years$3,715$3,180$2,712$2,304$1,953$1,244
16 years$3,447$2,918$2,458$2,063$1,726$1,060
17 years$3,210$2,687$2,237$1,854$1,530$906
18 years$3,000$2,483$2,042$1,671$1,361$776
19 years$2,813$2,301$1,870$1,510$1,213$665
20 years$2,644$2,138$1,716$1,367$1,083$572
21 years$2,492$1,992$1,578$1,241$969$492
22 years$2,353$1,859$1,455$1,128$869$424
23 years$2,227$1,739$1,343$1,028$780$365
24 years$2,112$1,629$1,242$937$701$315
25 years$2,006$1,529$1,150$856$631$272
26 years$1,908$1,437$1,067$783$568$235
27 years$1,818$1,352$991$716$512$203
28 years$1,734$1,274$921$656$462$176
29 years$1,656$1,202$857$602$417$152
30 years$1,584$1,135$798$552$377$132
31 years$1,516$1,073$744$507$341$114
32 years$1,453$1,016$694$466$308$99
33 years$1,393$962$648$429$279$85
34 years$1,338$911$606$394$253$74
35 years$1,285$865$566$363$229$64
36 years$1,236$821$530$334$207$56
37 years$1,189$779$496$308$188$48
38 years$1,145$741$464$284$170$42
39 years$1,103$704$435$262$155$36
40 years$1,064$670$408$242$140$31
41 years$1,026$638$382$223$127$27
42 years$991$607$359$206$115$24
43 years$957$579$337$190$105$20
44 years$924$552$316$175$95$18
45 years$894$526$297$162$86$15
46 years$864$502$279$150$78$13
47 years$836$479$262$138$71$12
48 years$810$457$246$128$65$10
49 years$784$437$231$118$59$9
50 years$760$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 $778,000, adding $5,163 every year, while hoping to spend $31,226 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: 54/39/7 Blend
44$778,000$778,000$778,000$778,000
45$862,682$821,448$809,389$907,575
46$917,451$828,474$803,279$945,550
47$976,760$834,799$795,918$982,979
48$1,041,039$840,354$787,231$1,022,957
49$1,110,762$845,067$777,139$1,065,730
50$1,186,447$848,863$765,561$1,111,572
51$1,268,667$851,660$752,410$1,160,783
52$1,358,052$853,372$737,596$1,213,697
53$1,455,293$853,907$721,026$1,270,680
54$1,561,153$853,168$702,600$1,332,139
55$1,676,469$851,052$682,216$1,398,523
56$1,802,163$847,448$659,765$1,470,329
57$1,939,252$842,241$635,135$1,548,105
58$2,088,851$835,307$608,207$1,632,456
59$2,252,191$826,514$578,860$1,724,052
60$2,430,626$815,724$546,962$1,823,633
61$2,625,645$802,790$512,381$1,932,016
62$2,838,890$787,556$474,975$2,050,102
63$3,072,166$769,856$434,596$2,178,890
64$3,327,464$749,516$391,092$2,319,479
65$3,606,973$726,350$344,301$2,473,087
66$3,913,106$700,162$294,057$2,641,056
67$4,248,518$670,745$240,183$2,824,870
68$4,616,134$637,880$182,497$3,026,166
69$5,019,177$601,333$120,808$3,246,753
70$5,461,195$560,860$54,916$3,488,627
71$5,946,095$516,200$0$3,753,993
72$6,478,183$467,080$0$4,046,436
73$7,062,200$413,209$0$4,371,943
74$7,703,368$354,280$0$4,729,392
75$8,407,442$289,970$0$5,122,072
76$9,180,758$219,936$0$5,553,616
77$10,030,299$143,817$0$6,028,031
78$10,963,756$61,230$0$6,549,737
79$11,989,602$0$0$7,123,612
80$13,117,172$0$0$7,767,150
81$14,356,751$0$0$8,503,582
82$15,719,667$0$0$9,313,371
83$17,218,404$0$0$10,203,946
84$18,866,716$0$0$11,183,488
85$20,679,754$0$0$12,261,014
86$22,674,215$0$0$13,446,457
87$24,868,491$0$0$14,750,762
88$27,282,852$0$0$16,185,988
89$29,939,627$0$0$17,765,423
90$32,863,422$0$0$19,503,706
91$36,081,347$0$0$21,416,971
92$39,623,275$0$0$23,522,990
93$43,522,121$0$0$25,841,351
94$47,814,154$0$0$28,393,633
95$52,539,336$0$0$31,203,617
96$57,741,704$0$0$34,297,504
97$63,469,778$0$0$37,704,169
98$69,777,027$0$0$41,455,425
99$76,722,364$0$0$45,586,331
100$84,370,711$0$0$50,135,516