Can I retire at age 45 with 779,000?

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 $779,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$64,329$63,756$63,197$62,651$62,119$61,317
2 years$31,846$31,253$30,678$30,121$29,580$28,774
3 years$21,020$20,424$19,851$19,299$18,767$17,981
4 years$15,608$15,014$14,446$13,904$13,385$12,625
5 years$12,361$11,771$11,211$10,679$10,175$9,443
6 years$10,198$9,612$9,060$8,540$8,051$7,349
7 years$8,653$8,072$7,529$7,021$6,548$5,875
8 years$7,495$6,919$6,385$5,890$5,432$4,789
9 years$6,595$6,025$5,500$5,017$4,574$3,961
10 years$5,875$5,310$4,795$4,325$3,898$3,313
11 years$5,286$4,727$4,221$3,764$3,352$2,796
12 years$4,796$4,243$3,746$3,301$2,905$2,376
13 years$4,382$3,835$3,347$2,915$2,533$2,031
14 years$4,027$3,485$3,007$2,587$2,221$1,745
15 years$3,720$3,184$2,715$2,307$1,955$1,505
16 years$3,451$2,921$2,462$2,066$1,728$1,302
17 years$3,215$2,690$2,240$1,856$1,532$1,130
18 years$3,004$2,486$2,045$1,673$1,362$983
19 years$2,816$2,304$1,872$1,512$1,214$857
20 years$2,648$2,141$1,718$1,369$1,085$749
21 years$2,495$1,994$1,580$1,243$971$655
22 years$2,356$1,862$1,456$1,130$870$574
23 years$2,230$1,741$1,345$1,029$781$503
24 years$2,115$1,631$1,244$938$702$442
25 years$2,008$1,531$1,152$857$632$388
26 years$1,911$1,439$1,068$784$569$341
27 years$1,820$1,354$992$717$513$300
28 years$1,736$1,276$922$657$463$264
29 years$1,658$1,204$858$603$418$233
30 years$1,586$1,137$799$553$378$205
31 years$1,518$1,075$745$508$341$181
32 years$1,455$1,017$695$467$309$159
33 years$1,395$963$649$429$279$141
34 years$1,339$913$607$395$253$124
35 years$1,287$866$567$364$229$110
36 years$1,237$822$531$335$208$97
37 years$1,191$780$497$309$188$85
38 years$1,146$742$465$284$171$75
39 years$1,105$705$436$262$155$67
40 years$1,065$671$408$242$140$59
41 years$1,027$639$383$223$127$52
42 years$992$608$359$206$116$46
43 years$958$580$337$190$105$41
44 years$926$552$316$176$95$36
45 years$895$527$297$162$86$32
46 years$865$503$279$150$78$28
47 years$837$480$262$138$71$25
48 years$811$458$246$128$65$22
49 years$785$437$232$118$59$19
50 years$761$418$218$109$53$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $779,000, adding $4,550 every year, while hoping to spend $33,207 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: 45/44/11 Blend
44$779,000$779,000$779,000$779,000
45$863,151$821,864$809,790$899,103
46$915,861$826,804$801,586$929,437
47$972,834$830,872$791,994$958,556
48$1,034,470$833,992$780,933$989,386
49$1,101,208$836,080$768,317$1,022,095
50$1,173,533$837,050$754,057$1,056,874
51$1,251,975$836,807$738,059$1,093,932
52$1,337,118$835,252$720,226$1,133,502
53$1,429,605$832,280$700,455$1,175,843
54$1,530,143$827,780$678,638$1,221,241
55$1,639,510$821,634$654,665$1,270,015
56$1,758,561$813,714$628,417$1,322,518
57$1,888,237$803,890$599,772$1,379,141
58$2,029,575$792,018$568,602$1,440,318
59$2,183,714$777,949$534,773$1,506,532
60$2,351,910$761,526$498,145$1,578,314
61$2,535,544$742,580$458,572$1,656,257
62$2,736,137$720,933$415,901$1,741,015
63$2,955,362$696,398$369,972$1,833,312
64$3,195,062$668,775$320,620$1,933,953
65$3,457,266$637,853$267,669$2,043,827
66$3,744,209$603,410$210,937$2,163,918
67$4,058,351$565,209$150,236$2,295,315
68$4,402,401$523,002$85,367$2,439,225
69$4,779,341$476,525$16,122$2,596,983
70$5,192,459$425,499$0$2,770,064
71$5,645,371$369,630$0$2,966,883
72$6,142,064$308,607$0$3,184,924
73$6,686,927$242,101$0$3,424,319
74$7,284,795$169,765$0$3,687,305
75$7,940,992$91,233$0$3,976,353
76$8,661,387$6,116$0$4,294,194
77$9,452,439$0$0$4,643,842
78$10,321,268$0$0$5,070,266
79$11,275,715$0$0$5,542,063
80$12,324,418$0$0$6,060,553
81$13,476,894$0$0$6,630,456
82$14,743,628$0$0$7,256,968
83$16,136,169$0$0$7,945,816
84$17,667,243$0$0$8,703,308
85$19,350,870$0$0$9,536,395
86$21,202,497$0$0$10,452,736
87$23,239,141$0$0$11,460,768
88$25,479,554$0$0$12,569,788
89$27,944,394$0$0$13,790,038
90$30,656,425$0$0$15,132,805
91$33,640,726$0$0$16,610,524
92$36,924,933$0$0$18,236,897
93$40,539,493$0$0$20,027,021
94$44,517,958$0$0$21,997,532
95$48,897,294$0$0$24,166,758
96$53,718,235$0$0$26,554,899
97$59,025,665$0$0$29,184,208
98$64,869,041$0$0$32,079,209
99$71,302,857$0$0$35,266,924
100$78,387,164$0$0$38,777,129