Can I retire at age 45 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$64,577$64,002$63,440$62,893$62,358$61,861
2 years$31,969$31,373$30,796$30,237$29,694$29,194
3 years$21,101$20,503$19,927$19,373$18,839$18,350
4 years$15,668$15,072$14,502$13,957$13,436$12,962
5 years$12,409$11,816$11,254$10,720$10,214$9,757
6 years$10,237$9,649$9,095$8,573$8,082$7,642
7 years$8,686$8,103$7,558$7,049$6,573$6,150
8 years$7,524$6,946$6,410$5,913$5,453$5,048
9 years$6,620$6,048$5,521$5,036$4,592$4,204
10 years$5,898$5,331$4,813$4,341$3,913$3,542
11 years$5,307$4,746$4,237$3,778$3,365$3,011
12 years$4,815$4,259$3,761$3,314$2,916$2,579
13 years$4,399$3,849$3,360$2,926$2,543$2,222
14 years$4,043$3,499$3,019$2,597$2,229$1,924
15 years$3,734$3,196$2,726$2,316$1,963$1,673
16 years$3,465$2,933$2,471$2,074$1,735$1,460
17 years$3,227$2,701$2,249$1,863$1,538$1,277
18 years$3,016$2,496$2,053$1,679$1,368$1,121
19 years$2,827$2,313$1,879$1,517$1,219$986
20 years$2,658$2,149$1,725$1,374$1,089$869
21 years$2,505$2,002$1,586$1,247$974$767
22 years$2,366$1,869$1,462$1,134$873$678
23 years$2,239$1,748$1,350$1,033$784$600
24 years$2,123$1,638$1,248$942$705$531
25 years$2,016$1,537$1,156$860$634$471
26 years$1,918$1,444$1,072$787$571$418
27 years$1,827$1,359$996$720$515$371
28 years$1,743$1,281$926$660$465$330
29 years$1,665$1,208$861$605$420$294
30 years$1,592$1,141$802$555$379$261
31 years$1,524$1,079$748$510$343$233
32 years$1,460$1,021$698$469$310$207
33 years$1,400$967$652$431$281$185
34 years$1,344$916$609$396$254$165
35 years$1,292$869$569$365$230$147
36 years$1,242$825$533$336$208$131
37 years$1,195$783$498$310$189$117
38 years$1,151$744$467$285$171$104
39 years$1,109$708$437$263$155$93
40 years$1,069$674$410$243$141$83
41 years$1,031$641$384$224$128$74
42 years$996$611$361$207$116$66
43 years$962$582$338$191$105$59
44 years$929$555$318$176$96$53
45 years$898$529$298$163$87$47
46 years$869$504$280$150$79$42
47 years$841$481$263$139$72$38
48 years$814$460$247$128$65$34
49 years$788$439$232$119$59$30
50 years$764$419$219$110$54$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $782,000, adding $3,241 every year, while hoping to spend $47,529 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: 77/18/5 Blend
44$782,000$782,000$782,000$782,000
45$865,107$823,661$811,540$931,240
46$902,778$813,450$788,156$964,869
47$942,697$801,146$762,396$995,230
48$985,046$786,595$734,130$1,027,103
49$1,030,019$769,637$703,221$1,060,616
50$1,077,831$750,099$669,530$1,095,912
51$1,128,717$727,801$632,906$1,133,148
52$1,182,933$702,550$593,195$1,172,498
53$1,240,760$674,143$550,234$1,214,153
54$1,302,506$642,364$503,856$1,258,327
55$1,368,508$606,987$453,882$1,305,252
56$1,439,137$567,771$400,129$1,355,189
57$1,514,799$524,461$342,402$1,408,423
58$1,595,936$476,787$280,501$1,465,270
59$1,683,039$424,467$214,215$1,526,082
60$1,776,642$367,199$143,324$1,591,244
61$1,877,334$304,666$67,600$1,661,183
62$1,985,759$236,532$0$1,736,372
63$2,102,628$162,444$0$1,818,038
64$2,228,718$82,025$0$1,909,946
65$2,364,886$0$0$2,009,140
66$2,512,071$0$0$2,117,350
67$2,671,307$0$0$2,252,020
68$2,843,729$0$0$2,397,864
69$3,030,587$0$0$2,555,943
70$3,233,254$0$0$2,727,422
71$3,453,239$0$0$2,913,580
72$3,692,204$0$0$3,115,828
73$3,951,976$0$0$3,335,714
74$4,234,564$0$0$3,574,944
75$4,542,180$0$0$3,835,393
76$4,877,257$0$0$4,119,126
77$5,242,473$0$0$4,428,415
78$5,640,774$0$0$4,765,758
79$6,075,404$0$0$5,133,909
80$6,549,934$0$0$5,535,895
81$7,068,294$0$0$5,975,051
82$7,634,809$0$0$6,455,048
83$8,254,244$0$0$6,979,926
84$8,931,842$0$0$7,554,135
85$9,673,380$0$0$8,182,575
86$10,485,214$0$0$8,870,641
87$11,374,348$0$0$9,624,272
88$12,348,492$0$0$10,450,012
89$13,416,138$0$0$11,355,065
90$14,586,640$0$0$12,347,367
91$15,870,298$0$0$13,435,657
92$17,278,456$0$0$14,629,562
93$18,823,613$0$0$15,939,685
94$20,519,533$0$0$17,377,704
95$22,381,378$0$0$18,956,485
96$24,425,850$0$0$20,690,198
97$26,671,347$0$0$22,594,455
98$29,138,138$0$0$24,686,452
99$31,848,550$0$0$26,985,135
100$34,827,182$0$0$29,511,375