Can I retire at age 45 with 311,000?

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 $311,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$25,682$25,453$25,230$25,012$24,800$24,520
2 years$12,714$12,477$12,248$12,025$11,809$11,528
3 years$8,392$8,154$7,925$7,705$7,492$7,218
4 years$6,231$5,994$5,767$5,551$5,344$5,078
5 years$4,935$4,699$4,476$4,264$4,062$3,806
6 years$4,071$3,837$3,617$3,410$3,214$2,969
7 years$3,455$3,223$3,006$2,803$2,614$2,379
8 years$2,992$2,762$2,549$2,352$2,169$1,943
9 years$2,633$2,405$2,196$2,003$1,826$1,611
10 years$2,345$2,120$1,914$1,727$1,556$1,351
11 years$2,111$1,887$1,685$1,503$1,338$1,143
12 years$1,915$1,694$1,496$1,318$1,160$974
13 years$1,749$1,531$1,336$1,164$1,011$835
14 years$1,608$1,392$1,201$1,033$886$719
15 years$1,485$1,271$1,084$921$781$622
16 years$1,378$1,166$983$825$690$539
17 years$1,283$1,074$894$741$612$469
18 years$1,199$993$816$668$544$410
19 years$1,124$920$747$603$485$358
20 years$1,057$855$686$547$433$314
21 years$996$796$631$496$387$275
22 years$941$743$581$451$347$242
23 years$890$695$537$411$312$213
24 years$844$651$497$375$280$187
25 years$802$611$460$342$252$165
26 years$763$574$426$313$227$146
27 years$727$541$396$286$205$129
28 years$693$509$368$262$185$114
29 years$662$481$343$241$167$100
30 years$633$454$319$221$151$89
31 years$606$429$298$203$136$78
32 years$581$406$278$186$123$69
33 years$557$384$259$171$112$61
34 years$535$364$242$158$101$54
35 years$514$346$226$145$92$48
36 years$494$328$212$134$83$43
37 years$475$312$198$123$75$38
38 years$458$296$186$114$68$33
39 years$441$282$174$105$62$30
40 years$425$268$163$97$56$26
41 years$410$255$153$89$51$23
42 years$396$243$143$82$46$21
43 years$382$231$135$76$42$18
44 years$370$221$126$70$38$16
45 years$357$210$119$65$34$14
46 years$346$201$111$60$31$13
47 years$334$191$105$55$28$11
48 years$324$183$98$51$26$10
49 years$313$175$92$47$23$9
50 years$304$167$87$44$21$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $311,000, adding $4,798 every year, while hoping to spend $22,796 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: 37/41/22 Blend
44$311,000$311,000$311,000$311,000
45$347,671$331,188$326,368$358,084
46$358,879$323,162$313,046$358,077
47$370,466$313,978$298,514$355,597
48$382,446$303,556$282,708$352,457
49$394,836$291,810$265,559$348,611
50$407,651$278,651$246,997$344,010
51$420,908$263,981$226,948$338,604
52$434,625$247,701$205,335$332,340
53$448,821$229,702$182,078$325,159
54$463,516$209,873$157,093$317,003
55$478,731$188,092$130,291$307,809
56$494,487$164,235$101,582$297,511
57$510,808$138,166$70,869$286,039
58$527,720$109,746$38,052$273,319
59$545,248$78,824$3,027$259,276
60$563,421$45,244$0$243,828
61$582,268$8,839$0$234,952
62$601,821$0$0$225,779
63$622,113$0$0$229,322
64$643,180$0$0$237,146
65$665,062$0$0$245,277
66$687,797$0$0$253,731
67$711,431$0$0$262,526
68$736,011$0$0$271,680
69$761,586$0$0$281,213
70$788,210$0$0$291,145
71$815,942$0$0$301,500
72$844,843$0$0$312,302
73$874,981$0$0$323,577
74$906,428$0$0$335,354
75$939,262$0$0$347,663
76$973,567$0$0$360,538
77$1,009,434$0$0$374,015
78$1,046,960$0$0$388,133
79$1,086,254$0$0$402,934
80$1,127,429$0$0$418,463
81$1,170,611$0$0$434,771
82$1,215,935$0$0$451,912
83$1,263,549$0$0$469,944
84$1,313,613$0$0$488,931
85$1,366,300$0$0$508,944
86$1,421,800$0$0$530,057
87$1,480,320$0$0$552,353
88$1,542,084$0$0$575,923
89$1,607,337$0$0$600,864
90$1,676,347$0$0$627,285
91$1,749,405$0$0$655,303
92$1,826,830$0$0$685,045
93$1,908,971$0$0$716,653
94$1,996,208$0$0$750,279
95$2,088,957$0$0$786,091
96$2,187,675$0$0$824,274
97$2,292,859$0$0$865,029
98$2,405,057$0$0$908,575
99$2,524,866$0$0$955,157
100$2,652,943$0$0$1,005,037