Can I retire at age 45 with 323,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $323,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$26,673$26,435$26,204$25,977$25,756$24,982
2 years$13,204$12,959$12,720$12,489$12,265$11,491
3 years$8,716$8,469$8,231$8,002$7,781$7,033
4 years$6,472$6,225$5,990$5,765$5,550$4,832
5 years$5,125$4,881$4,648$4,428$4,219$3,534
6 years$4,228$3,985$3,757$3,541$3,338$2,686
7 years$3,588$3,347$3,122$2,911$2,715$2,096
8 years$3,108$2,869$2,648$2,442$2,252$1,666
9 years$2,734$2,498$2,280$2,080$1,897$1,343
10 years$2,436$2,202$1,988$1,793$1,616$1,094
11 years$2,192$1,960$1,750$1,561$1,390$898
12 years$1,989$1,759$1,553$1,369$1,204$742
13 years$1,817$1,590$1,388$1,209$1,050$617
14 years$1,670$1,445$1,247$1,073$921$515
15 years$1,542$1,320$1,126$957$811$431
16 years$1,431$1,211$1,021$857$716$362
17 years$1,333$1,116$929$770$635$304
18 years$1,246$1,031$848$694$565$256
19 years$1,168$955$776$627$503$217
20 years$1,098$888$712$568$450$183
21 years$1,035$827$655$515$402$155
22 years$977$772$604$468$361$131
23 years$925$722$558$427$324$111
24 years$877$676$516$389$291$95
25 years$833$635$478$355$262$80
26 years$792$597$443$325$236$68
27 years$755$561$411$297$213$58
28 years$720$529$382$272$192$49
29 years$688$499$356$250$173$42
30 years$657$471$331$229$157$36
31 years$629$446$309$211$142$30
32 years$603$422$288$194$128$26
33 years$578$399$269$178$116$22
34 years$555$378$252$164$105$19
35 years$534$359$235$151$95$16
36 years$513$341$220$139$86$14
37 years$494$324$206$128$78$12
38 years$475$307$193$118$71$10
39 years$458$292$181$109$64$8
40 years$442$278$169$100$58$7
41 years$426$265$159$93$53$6
42 years$411$252$149$85$48$5
43 years$397$240$140$79$43$4
44 years$384$229$131$73$39$4
45 years$371$218$123$67$36$3
46 years$359$208$116$62$33$3
47 years$347$199$109$57$30$2
48 years$336$190$102$53$27$2
49 years$326$181$96$49$24$2
50 years$315$173$90$45$22$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $323,000, adding $6,323 every year, while hoping to spend $20,952 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: 48/36/16 Blend
44$323,000$323,000$323,000$323,000
45$362,468$345,349$340,343$377,959
46$377,147$339,979$329,451$383,968
47$392,621$333,642$317,493$387,833
48$408,949$326,272$304,410$391,575
49$426,196$317,792$290,141$395,190
50$444,430$308,127$274,623$398,675
51$463,730$297,193$257,791$402,028
52$484,178$284,903$239,575$405,250
53$505,867$271,166$219,903$408,342
54$528,894$255,882$198,699$411,308
55$553,371$238,950$175,885$414,153
56$579,416$220,260$151,378$416,886
57$607,160$199,696$125,093$419,519
58$636,747$177,137$96,940$422,065
59$668,332$152,454$66,824$424,544
60$702,088$125,511$34,649$426,980
61$738,203$96,163$312$429,401
62$776,884$64,259$0$431,840
63$818,356$29,638$0$440,542
64$862,869$0$0$449,813
65$910,696$0$0$462,792
66$962,134$0$0$489,405
67$1,017,514$0$0$518,083
68$1,077,195$0$0$549,018
69$1,141,575$0$0$582,418
70$1,211,089$0$0$618,513
71$1,286,214$0$0$657,555
72$1,367,478$0$0$699,822
73$1,455,457$0$0$745,619
74$1,550,788$0$0$795,281
75$1,654,170$0$0$849,177
76$1,766,370$0$0$907,714
77$1,888,235$0$0$971,336
78$2,020,692$0$0$1,040,536
79$2,164,766$0$0$1,115,853
80$2,321,581$0$0$1,197,881
81$2,492,376$0$0$1,287,276
82$2,678,513$0$0$1,384,755
83$2,881,491$0$0$1,491,112
84$3,102,960$0$0$1,607,218
85$3,344,737$0$0$1,734,034
86$3,608,822$0$0$1,872,615
87$3,897,415$0$0$2,024,126
88$4,212,941$0$0$2,189,847
89$4,558,066$0$0$2,371,187
90$4,935,730$0$0$2,569,701
91$5,349,167$0$0$2,787,098
92$5,801,939$0$0$3,025,261
93$6,297,969$0$0$3,286,264
94$6,841,578$0$0$3,572,390
95$7,437,523$0$0$3,886,155
96$8,091,045$0$0$4,230,330
97$8,807,916$0$0$4,607,967
98$9,594,491$0$0$5,022,425
99$10,457,775$0$0$5,477,408
100$11,405,481$0$0$5,976,995