Can I retire at age 45 with 314,000?

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 $314,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$25,930$25,699$25,474$25,254$25,039$24,871
2 years$12,837$12,597$12,366$12,141$11,923$11,754
3 years$8,473$8,233$8,001$7,779$7,565$7,399
4 years$6,291$6,052$5,823$5,604$5,395$5,234
5 years$4,983$4,745$4,519$4,305$4,101$3,946
6 years$4,111$3,874$3,652$3,442$3,245$3,096
7 years$3,488$3,254$3,035$2,830$2,639$2,496
8 years$3,021$2,789$2,574$2,374$2,189$2,052
9 years$2,658$2,428$2,217$2,022$1,844$1,712
10 years$2,368$2,140$1,933$1,743$1,571$1,445
11 years$2,131$1,906$1,701$1,517$1,351$1,231
12 years$1,933$1,710$1,510$1,331$1,171$1,056
13 years$1,766$1,546$1,349$1,175$1,021$911
14 years$1,623$1,405$1,212$1,043$895$791
15 years$1,499$1,283$1,094$930$788$689
16 years$1,391$1,178$992$833$696$602
17 years$1,296$1,084$903$748$618$528
18 years$1,211$1,002$824$674$549$465
19 years$1,135$929$755$609$489$409
20 years$1,067$863$692$552$437$362
21 years$1,006$804$637$501$391$320
22 years$950$750$587$455$351$283
23 years$899$702$542$415$315$251
24 years$852$658$501$378$283$223
25 years$810$617$464$345$255$198
26 years$770$580$431$316$229$176
27 years$734$546$400$289$207$157
28 years$700$514$372$265$187$140
29 years$668$485$346$243$168$125
30 years$639$458$322$223$152$111
31 years$612$433$300$205$138$99
32 years$586$410$280$188$124$89
33 years$562$388$262$173$113$79
34 years$540$368$245$159$102$71
35 years$519$349$229$147$92$63
36 years$499$331$214$135$84$57
37 years$480$315$200$124$76$51
38 years$462$299$187$115$69$45
39 years$445$284$176$106$62$40
40 years$429$270$165$97$57$36
41 years$414$257$154$90$51$32
42 years$400$245$145$83$47$29
43 years$386$234$136$77$42$26
44 years$373$223$128$71$38$23
45 years$361$212$120$65$35$21
46 years$349$203$112$60$32$19
47 years$338$193$106$56$29$17
48 years$327$185$99$52$26$15
49 years$316$176$93$48$24$13
50 years$307$168$88$44$22$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $314,000, adding $6,298 every year, while hoping to spend $24,999 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: 53/29/18 Blend
44$314,000$314,000$314,000$314,000
45$352,524$335,882$331,015$369,170
46$361,883$325,742$315,506$371,125
47$371,359$314,267$298,638$370,093
48$380,936$301,365$280,342$368,423
49$390,600$286,939$260,541$366,061
50$400,329$270,888$239,157$362,950
51$410,102$253,101$216,109$359,030
52$419,893$233,464$191,310$354,235
53$429,675$211,855$164,670$348,493
54$439,412$188,147$136,098$341,731
55$449,069$162,204$105,494$333,865
56$458,604$133,881$72,758$324,810
57$467,969$103,028$37,782$314,472
58$477,110$69,485$456$302,751
59$485,968$33,083$0$289,539
60$494,476$0$0$282,282
61$502,558$0$0$275,907
62$510,130$0$0$279,775
63$517,098$0$0$283,272
64$523,358$0$0$286,338
65$528,792$0$0$288,902
66$533,270$0$0$290,889
67$536,646$0$0$292,213
68$538,760$0$0$292,780
69$539,432$0$0$292,483
70$538,462$0$0$291,205
71$535,630$0$0$288,817
72$530,690$0$0$285,175
73$523,369$0$0$280,119
74$513,365$0$0$273,471
75$500,345$0$0$265,036
76$483,937$0$0$254,596
77$463,731$0$0$241,911
78$439,273$0$0$226,714
79$410,059$0$0$208,711
80$375,534$0$0$187,577
81$335,082$0$0$162,950
82$288,024$0$0$134,433
83$233,606$0$0$101,586
84$170,999$0$0$63,922
85$99,282$0$0$20,902
86$17,443$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0