Can I retire at age 45 with 317,000?

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 $317,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$26,178$25,944$25,717$25,495$25,278$24,647
2 years$12,959$12,718$12,484$12,257$12,037$11,405
3 years$8,554$8,311$8,078$7,853$7,637$7,024
4 years$6,351$6,110$5,879$5,658$5,447$4,858
5 years$5,030$4,790$4,562$4,346$4,140$3,577
6 years$4,150$3,911$3,687$3,475$3,276$2,738
7 years$3,521$3,285$3,064$2,857$2,664$2,153
8 years$3,050$2,816$2,598$2,397$2,210$1,724
9 years$2,684$2,452$2,238$2,042$1,861$1,401
10 years$2,391$2,161$1,951$1,760$1,586$1,150
11 years$2,151$1,924$1,718$1,532$1,364$953
12 years$1,952$1,727$1,524$1,343$1,182$794
13 years$1,783$1,560$1,362$1,186$1,031$665
14 years$1,639$1,418$1,224$1,053$904$560
15 years$1,514$1,296$1,105$939$796$473
16 years$1,404$1,189$1,002$841$703$401
17 years$1,308$1,095$912$755$623$341
18 years$1,223$1,012$832$681$554$290
19 years$1,146$938$762$615$494$247
20 years$1,077$871$699$557$441$211
21 years$1,015$812$643$506$395$180
22 years$959$758$593$460$354$154
23 years$908$709$547$419$318$132
24 years$860$664$506$382$286$113
25 years$817$623$469$349$257$97
26 years$777$585$435$319$232$84
27 years$741$551$404$292$209$72
28 years$707$519$375$267$188$62
29 years$675$490$349$245$170$53
30 years$645$463$325$225$154$46
31 years$618$437$303$207$139$39
32 years$592$414$283$190$126$34
33 years$568$392$264$175$114$29
34 years$545$371$247$161$103$25
35 years$524$352$231$148$93$21
36 years$503$334$216$136$85$18
37 years$484$318$202$126$77$16
38 years$466$302$189$116$69$14
39 years$449$287$177$107$63$12
40 years$433$273$166$98$57$10
41 years$418$260$156$91$52$9
42 years$404$248$146$84$47$8
43 years$390$236$137$77$43$6
44 years$377$225$129$71$39$6
45 years$364$214$121$66$35$5
46 years$352$204$114$61$32$4
47 years$341$195$107$56$29$4
48 years$330$186$100$52$26$3
49 years$319$178$94$48$24$3
50 years$310$170$89$44$22$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $317,000, adding $2,764 every year, while hoping to spend $25,292 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: 39/32/29 Blend
44$317,000$317,000$317,000$317,000
45$352,185$335,384$330,471$362,805
46$361,197$324,907$314,631$360,354
47$370,281$313,070$297,413$355,179
48$379,418$299,778$278,744$349,105
49$388,584$284,932$258,547$342,067
50$397,754$268,429$236,744$333,994
51$406,901$250,158$213,250$324,813
52$415,990$230,001$187,980$314,444
53$424,986$207,836$160,841$302,803
54$433,846$183,531$131,741$289,799
55$442,523$156,949$100,579$275,336
56$450,965$127,944$67,253$259,312
57$459,112$96,362$31,655$241,618
58$466,898$62,040$0$222,137
59$474,248$24,806$0$202,703
60$481,079$0$0$191,804
61$487,298$0$0$184,996
62$492,801$0$0$186,592
63$497,474$0$0$187,806
64$501,187$0$0$188,583
65$503,797$0$0$188,860
66$505,146$0$0$188,569
67$505,056$0$0$187,631
68$503,331$0$0$185,963
69$499,753$0$0$183,468
70$494,080$0$0$180,044
71$486,044$0$0$175,573
72$475,347$0$0$169,926
73$461,661$0$0$162,961
74$444,621$0$0$154,521
75$423,822$0$0$144,430
76$398,818$0$0$132,496
77$369,115$0$0$118,504
78$334,165$0$0$102,219
79$293,362$0$0$83,379
80$246,039$0$0$61,696
81$191,456$0$0$36,849
82$128,796$0$0$8,488
83$57,155$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$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