Can I retire at age 45 with 328,000?

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 $328,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$27,086$26,845$26,609$26,380$26,155$26,034
2 years$13,409$13,159$12,917$12,682$12,455$12,333
3 years$8,850$8,600$8,358$8,126$7,902$7,782
4 years$6,572$6,322$6,083$5,854$5,636$5,520
5 years$5,205$4,956$4,720$4,497$4,284$4,172
6 years$4,294$4,047$3,815$3,596$3,390$3,282
7 years$3,643$3,399$3,170$2,956$2,757$2,653
8 years$3,156$2,913$2,688$2,480$2,287$2,187
9 years$2,777$2,537$2,316$2,112$1,926$1,830
10 years$2,474$2,236$2,019$1,821$1,641$1,549
11 years$2,226$1,991$1,777$1,585$1,411$1,324
12 years$2,020$1,787$1,577$1,390$1,223$1,139
13 years$1,845$1,615$1,409$1,227$1,067$987
14 years$1,696$1,468$1,266$1,089$935$859
15 years$1,566$1,341$1,143$972$823$751
16 years$1,453$1,230$1,036$870$728$659
17 years$1,353$1,133$943$782$645$580
18 years$1,265$1,047$861$704$574$511
19 years$1,186$970$788$636$511$452
20 years$1,115$901$723$576$457$401
21 years$1,051$840$665$523$409$356
22 years$992$784$613$476$366$316
23 years$939$733$566$433$329$282
24 years$890$687$524$395$296$251
25 years$846$645$485$361$266$224
26 years$804$606$450$330$240$200
27 years$766$570$418$302$216$179
28 years$731$537$388$277$195$160
29 years$698$507$361$254$176$143
30 years$668$479$337$233$159$128
31 years$639$452$314$214$144$115
32 years$612$428$293$197$130$103
33 years$587$405$273$181$118$92
34 years$564$384$255$166$107$83
35 years$542$364$239$153$97$74
36 years$521$346$223$141$87$67
37 years$501$329$209$130$79$60
38 years$483$312$196$120$72$54
39 years$465$297$183$110$65$48
40 years$448$282$172$102$59$44
41 years$433$269$161$94$54$39
42 years$418$256$151$87$49$35
43 years$403$244$142$80$44$32
44 years$390$233$133$74$40$28
45 years$377$222$125$68$36$26
46 years$364$212$117$63$33$23
47 years$353$202$110$58$30$21
48 years$341$193$104$54$27$19
49 years$331$184$97$50$25$17
50 years$320$176$92$46$22$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $328,000, adding $5,148 every year, while hoping to spend $24,406 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: 71/16/13 Blend
44$328,000$328,000$328,000$328,000
45$366,766$349,382$344,298$391,414
46$378,209$340,534$329,864$399,589
47$390,000$330,434$314,129$405,075
48$402,150$318,996$297,023$410,435
49$414,670$306,127$278,473$415,652
50$427,569$291,730$258,404$420,708
51$440,857$275,701$236,737$425,582
52$454,546$257,931$213,389$430,253
53$468,645$238,306$188,274$434,700
54$483,167$216,703$161,300$438,898
55$498,121$192,992$132,375$442,821
56$513,519$167,039$101,400$446,443
57$529,372$138,698$68,271$449,734
58$545,692$107,818$32,882$452,663
59$562,490$74,238$0$455,196
60$579,777$37,789$0$457,978
61$597,564$0$0$465,203
62$615,864$0$0$472,584
63$634,686$0$0$487,018
64$654,042$0$0$501,861
65$673,943$0$0$517,121
66$694,399$0$0$532,806
67$715,421$0$0$548,923
68$737,018$0$0$565,480
69$759,200$0$0$582,483
70$781,975$0$0$599,939
71$805,351$0$0$617,855
72$829,336$0$0$636,234
73$853,935$0$0$655,082
74$879,153$0$0$674,402
75$904,994$0$0$694,196
76$931,460$0$0$714,466
77$958,551$0$0$735,212
78$986,266$0$0$756,432
79$1,014,602$0$0$778,122
80$1,043,551$0$0$800,277
81$1,073,106$0$0$822,890
82$1,103,253$0$0$845,951
83$1,133,976$0$0$869,446
84$1,165,257$0$0$893,360
85$1,197,070$0$0$917,672
86$1,229,386$0$0$942,360
87$1,262,170$0$0$967,396
88$1,295,380$0$0$992,746
89$1,328,969$0$0$1,018,372
90$1,362,880$0$0$1,044,229
91$1,397,048$0$0$1,070,266
92$1,431,399$0$0$1,096,424
93$1,465,846$0$0$1,122,635
94$1,500,294$0$0$1,148,823
95$1,534,630$0$0$1,174,900
96$1,568,730$0$0$1,200,767
97$1,602,451$0$0$1,226,312
98$1,635,634$0$0$1,251,409
99$1,668,098$0$0$1,275,917
100$1,699,641$0$0$1,299,675