Can I retire at age 45 with 781,000?

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 $781,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$64,494$63,920$63,359$62,812$62,278$60,625
2 years$31,928$31,333$30,757$30,198$29,656$28,002
3 years$21,074$20,477$19,902$19,348$18,815$17,212
4 years$15,648$15,052$14,483$13,939$13,419$11,879
5 years$12,393$11,801$11,240$10,707$10,201$8,729
6 years$10,224$9,637$9,083$8,562$8,072$6,668
7 years$8,675$8,093$7,548$7,040$6,564$5,230
8 years$7,514$6,937$6,402$5,905$5,446$4,180
9 years$6,612$6,040$5,514$5,030$4,586$3,387
10 years$5,890$5,324$4,807$4,336$3,908$2,775
11 years$5,300$4,740$4,232$3,774$3,361$2,292
12 years$4,809$4,254$3,756$3,310$2,912$1,905
13 years$4,393$3,844$3,356$2,922$2,540$1,592
14 years$4,037$3,494$3,015$2,594$2,226$1,337
15 years$3,729$3,192$2,722$2,313$1,960$1,126
16 years$3,460$2,929$2,468$2,071$1,732$951
17 years$3,223$2,697$2,246$1,861$1,536$806
18 years$3,012$2,492$2,050$1,677$1,366$684
19 years$2,824$2,310$1,877$1,516$1,217$581
20 years$2,654$2,147$1,722$1,373$1,087$495
21 years$2,501$1,999$1,584$1,246$973$422
22 years$2,363$1,866$1,460$1,133$872$360
23 years$2,236$1,746$1,348$1,032$783$307
24 years$2,120$1,636$1,247$941$704$263
25 years$2,014$1,535$1,155$859$633$225
26 years$1,915$1,443$1,071$786$570$192
27 years$1,825$1,358$995$719$514$165
28 years$1,741$1,279$925$659$464$141
29 years$1,663$1,207$860$604$419$121
30 years$1,590$1,140$801$554$379$103
31 years$1,522$1,077$747$509$342$89
32 years$1,458$1,019$697$468$310$76
33 years$1,399$965$651$430$280$65
34 years$1,343$915$608$396$254$56
35 years$1,290$868$569$365$230$48
36 years$1,240$824$532$336$208$41
37 years$1,194$782$498$309$189$35
38 years$1,149$744$466$285$171$30
39 years$1,107$707$437$263$155$26
40 years$1,068$673$409$242$141$22
41 years$1,030$640$384$224$128$19
42 years$994$610$360$206$116$16
43 years$960$581$338$191$105$14
44 years$928$554$317$176$95$12
45 years$897$528$298$163$87$10
46 years$868$504$280$150$79$9
47 years$840$481$263$139$71$8
48 years$813$459$247$128$65$7
49 years$787$438$232$118$59$6
50 years$763$419$218$109$54$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $781,000, adding $5,723 every year, while hoping to spend $49,156 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: 72/17/11 Blend
44$781,000$781,000$781,000$781,000
45$866,565$825,172$813,067$926,650
46$902,653$813,304$788,003$955,291
47$940,775$799,207$760,452$980,033
48$981,085$782,720$730,279$1,005,792
49$1,023,755$763,671$697,341$1,032,656
50$1,068,968$741,882$661,493$1,060,723
51$1,116,928$717,159$622,578$1,090,103
52$1,167,856$689,302$580,436$1,120,917
53$1,221,995$658,094$534,898$1,153,300
54$1,279,608$623,311$485,787$1,187,402
55$1,340,987$584,712$432,919$1,223,389
56$1,406,448$542,043$376,103$1,261,447
57$1,476,340$495,038$315,136$1,301,780
58$1,551,043$443,411$249,810$1,344,618
59$1,630,976$386,865$179,905$1,390,213
60$1,716,597$325,082$105,193$1,438,847
61$1,808,407$257,729$25,434$1,490,832
62$1,906,959$184,451$0$1,546,514
63$2,012,857$104,878$0$1,613,282
64$2,126,765$18,614$0$1,688,199
65$2,249,413$0$0$1,768,781
66$2,381,600$0$0$1,869,569
67$2,524,208$0$0$1,982,086
68$2,678,202$0$0$2,103,618
69$2,844,643$0$0$2,235,006
70$3,024,699$0$0$2,377,176
71$3,219,653$0$0$2,531,144
72$3,430,915$0$0$2,698,028
73$3,660,036$0$0$2,879,060
74$3,908,721$0$0$3,075,590
75$4,178,845$0$0$3,289,107
76$4,472,473$0$0$3,521,246
77$4,791,873$0$0$3,773,808
78$5,139,543$0$0$4,048,773
79$5,518,230$0$0$4,348,321
80$5,930,959$0$0$4,674,849
81$6,381,058$0$0$5,030,999
82$6,872,188$0$0$5,419,673
83$7,408,382$0$0$5,844,071
84$7,994,077$0$0$6,307,713
85$8,634,159$0$0$6,814,475
86$9,334,008$0$0$7,368,622
87$10,099,544$0$0$7,974,853
88$10,937,290$0$0$8,638,340
89$11,854,425$0$0$9,364,779
90$12,858,856$0$0$10,160,444
91$13,959,290$0$0$11,032,240
92$15,165,317$0$0$11,987,776
93$16,487,497$0$0$13,035,429
94$17,937,462$0$0$14,184,427
95$19,528,022$0$0$15,444,934
96$21,273,290$0$0$16,828,144
97$23,188,807$0$0$18,346,387
98$25,291,695$0$0$20,013,247
99$27,600,813$0$0$21,843,687
100$30,136,936$0$0$23,854,187