Can I retire at age 45 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$64,412$63,838$63,278$62,732$62,198$60,596
2 years$31,887$31,293$30,718$30,160$29,618$28,015
3 years$21,047$20,450$19,876$19,323$18,791$17,237
4 years$15,628$15,033$14,465$13,921$13,402$11,908
5 years$12,377$11,786$11,225$10,693$10,188$8,759
6 years$10,211$9,624$9,072$8,551$8,061$6,699
7 years$8,664$8,082$7,539$7,031$6,556$5,260
8 years$7,505$6,928$6,393$5,898$5,439$4,209
9 years$6,603$6,032$5,507$5,024$4,580$3,415
10 years$5,882$5,317$4,801$4,330$3,903$2,801
11 years$5,293$4,734$4,227$3,769$3,356$2,316
12 years$4,803$4,249$3,751$3,306$2,909$1,928
13 years$4,388$3,839$3,351$2,918$2,536$1,614
14 years$4,032$3,490$3,011$2,591$2,223$1,356
15 years$3,725$3,188$2,719$2,310$1,958$1,144
16 years$3,456$2,925$2,465$2,069$1,730$968
17 years$3,219$2,694$2,243$1,859$1,534$821
18 years$3,008$2,489$2,047$1,675$1,364$698
19 years$2,820$2,307$1,874$1,514$1,216$594
20 years$2,651$2,144$1,720$1,371$1,086$507
21 years$2,498$1,997$1,582$1,244$972$433
22 years$2,359$1,864$1,458$1,131$871$370
23 years$2,233$1,743$1,346$1,030$782$316
24 years$2,117$1,633$1,245$940$703$271
25 years$2,011$1,533$1,153$858$632$232
26 years$1,913$1,441$1,070$785$570$199
27 years$1,822$1,356$993$718$514$170
28 years$1,738$1,278$923$658$463$146
29 years$1,660$1,205$859$603$418$125
30 years$1,588$1,138$800$554$378$108
31 years$1,520$1,076$746$509$342$92
32 years$1,456$1,018$696$467$309$79
33 years$1,397$964$650$430$280$68
34 years$1,341$914$607$395$253$59
35 years$1,288$867$568$364$229$50
36 years$1,239$823$531$335$208$43
37 years$1,192$781$497$309$188$37
38 years$1,148$743$466$285$171$32
39 years$1,106$706$436$263$155$27
40 years$1,066$672$409$242$141$24
41 years$1,029$639$383$223$127$20
42 years$993$609$360$206$116$17
43 years$959$580$337$190$105$15
44 years$927$553$317$176$95$13
45 years$896$527$297$162$87$11
46 years$867$503$279$150$79$10
47 years$839$480$262$139$71$8
48 years$812$458$247$128$65$7
49 years$786$438$232$118$59$6
50 years$762$418$218$109$53$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $780,000, adding $6,955 every year, while hoping to spend $33,034 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: 49/42/9 Blend
44$780,000$780,000$780,000$780,000
45$866,734$825,394$813,304$906,793
46$919,993$830,690$805,402$940,264
47$977,577$835,139$796,128$972,537
48$1,039,893$838,664$785,401$1,006,826
49$1,107,387$841,183$773,137$1,043,327
50$1,180,550$842,611$759,247$1,082,260
51$1,259,923$842,855$743,638$1,123,868
52$1,346,098$841,819$726,213$1,168,418
53$1,439,730$839,398$706,871$1,216,210
54$1,541,537$835,483$685,506$1,267,573
55$1,652,309$829,957$662,005$1,322,871
56$1,772,916$822,696$636,254$1,382,510
57$1,904,316$813,570$608,131$1,446,938
58$2,047,561$802,440$577,508$1,516,650
59$2,203,810$789,158$544,253$1,592,194
60$2,374,340$773,568$508,226$1,674,179
61$2,560,555$755,505$469,284$1,763,277
62$2,764,001$734,794$427,274$1,860,231
63$2,986,380$711,249$382,039$1,965,864
64$3,229,565$684,676$333,412$2,081,087
65$3,495,621$654,865$281,221$2,206,905
66$3,786,819$621,597$225,286$2,344,433
67$4,105,660$584,641$165,419$2,494,902
68$4,454,899$543,750$101,422$2,659,672
69$4,837,570$498,666$33,092$2,840,248
70$5,257,014$449,112$0$3,038,295
71$5,716,911$394,800$0$3,259,475
72$6,221,313$335,423$0$3,505,635
73$6,774,685$270,656$0$3,775,861
74$7,381,942$200,158$0$4,072,658
75$8,048,502$123,567$0$4,398,791
76$8,780,328$40,501$0$4,757,313
77$9,583,994$0$0$5,151,595
78$10,466,738$0$0$5,608,209
79$11,436,536$0$0$6,130,506
80$12,502,171$0$0$6,704,510
81$13,673,323$0$0$7,335,447
82$14,960,654$0$0$8,029,072
83$16,375,912$0$0$8,791,728
84$17,932,038$0$0$9,630,400
85$19,643,292$0$0$10,552,787
86$21,525,381$0$0$11,567,371
87$23,595,616$0$0$12,683,496
88$25,873,067$0$0$13,911,457
89$28,378,744$0$0$15,262,599
90$31,135,799$0$0$16,749,420
91$34,169,739$0$0$18,385,694
92$37,508,672$0$0$20,186,594
93$41,183,564$0$0$22,168,842
94$45,228,540$0$0$24,350,860
95$49,681,197$0$0$26,752,949
96$54,582,964$0$0$29,397,477
97$59,979,492$0$0$32,309,092
98$65,921,081$0$0$35,514,955
99$72,463,158$0$0$39,044,990
100$79,666,797$0$0$42,932,176