Can I retire at age 45 with 319,000?

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 $319,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$26,343$26,108$25,879$25,656$25,438$24,692
2 years$13,041$12,798$12,563$12,334$12,113$11,369
3 years$8,608$8,364$8,129$7,903$7,685$6,964
4 years$6,391$6,148$5,916$5,694$5,481$4,790
5 years$5,062$4,820$4,591$4,373$4,167$3,506
6 years$4,176$3,936$3,710$3,497$3,297$2,668
7 years$3,543$3,306$3,083$2,875$2,681$2,085
8 years$3,069$2,833$2,615$2,412$2,224$1,659
9 years$2,701$2,467$2,252$2,055$1,873$1,339
10 years$2,406$2,175$1,963$1,771$1,596$1,092
11 years$2,165$1,936$1,729$1,541$1,373$898
12 years$1,964$1,738$1,534$1,352$1,190$743
13 years$1,794$1,570$1,371$1,194$1,037$618
14 years$1,649$1,427$1,231$1,059$909$516
15 years$1,523$1,304$1,112$945$801$433
16 years$1,413$1,196$1,008$846$708$364
17 years$1,316$1,102$917$760$627$307
18 years$1,230$1,018$837$685$558$259
19 years$1,153$944$767$619$497$219
20 years$1,084$877$704$561$444$185
21 years$1,022$817$647$509$397$157
22 years$965$762$596$463$356$133
23 years$913$713$551$421$320$113
24 years$866$668$509$384$287$96
25 years$822$627$472$351$259$82
26 years$782$589$437$321$233$70
27 years$745$554$406$294$210$59
28 years$711$523$378$269$190$50
29 years$679$493$351$247$171$43
30 years$649$466$327$226$155$37
31 years$622$440$305$208$140$31
32 years$596$416$285$191$126$27
33 years$571$394$266$176$114$23
34 years$548$374$248$162$104$19
35 years$527$354$232$149$94$16
36 years$507$336$217$137$85$14
37 years$488$320$203$126$77$12
38 years$469$304$190$116$70$10
39 years$452$289$178$107$63$9
40 years$436$275$167$99$57$7
41 years$421$262$157$91$52$6
42 years$406$249$147$84$47$5
43 years$392$237$138$78$43$5
44 years$379$226$130$72$39$4
45 years$366$216$122$66$35$3
46 years$354$206$114$61$32$3
47 years$343$196$107$57$29$2
48 years$332$187$101$52$26$2
49 years$321$179$95$48$24$2
50 years$311$171$89$45$22$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $319,000, adding $6,423 every year, while hoping to spend $23,969 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: 54/22/24 Blend
44$319,000$319,000$319,000$319,000
45$358,163$341,256$336,312$374,820
46$369,193$332,475$322,075$378,200
47$380,545$322,460$306,559$378,855
48$392,225$311,126$289,694$379,068
49$404,243$298,382$271,409$378,806
50$416,604$284,131$251,630$378,033
51$429,317$268,273$230,279$376,709
52$442,389$250,699$207,274$374,796
53$455,826$231,297$182,532$372,249
54$469,636$209,946$155,962$369,023
55$483,825$186,519$127,473$365,069
56$498,399$160,883$96,967$360,337
57$513,364$132,895$64,344$354,773
58$528,726$102,405$29,498$348,318
59$544,489$69,256$0$340,912
60$560,657$33,280$0$334,460
61$577,235$0$0$335,114
62$594,224$0$0$336,649
63$611,627$0$0$346,471
64$629,444$0$0$356,522
65$647,674$0$0$366,802
66$666,315$0$0$377,309
67$685,364$0$0$388,040
68$704,816$0$0$398,991
69$724,662$0$0$410,157
70$744,892$0$0$421,533
71$765,496$0$0$433,108
72$786,456$0$0$444,875
73$807,756$0$0$456,822
74$829,371$0$0$468,933
75$851,277$0$0$481,194
76$873,443$0$0$493,585
77$895,833$0$0$506,084
78$918,406$0$0$518,665
79$941,113$0$0$531,301
80$963,902$0$0$543,956
81$986,709$0$0$556,595
82$1,009,463$0$0$569,172
83$1,032,085$0$0$581,640
84$1,054,483$0$0$593,945
85$1,076,556$0$0$606,022
86$1,098,187$0$0$617,804
87$1,119,247$0$0$629,212
88$1,139,590$0$0$640,158
89$1,159,053$0$0$650,543
90$1,177,453$0$0$660,258
91$1,194,584$0$0$669,179
92$1,210,220$0$0$677,170
93$1,224,105$0$0$684,078
94$1,235,955$0$0$689,733
95$1,245,454$0$0$693,944
96$1,252,250$0$0$696,501
97$1,255,952$0$0$697,170
98$1,256,124$0$0$695,691
99$1,252,284$0$0$691,774
100$1,243,895$0$0$685,099