Can I retire at age 45 with 331,000?

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 $331,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$27,334$27,090$26,853$26,621$26,394$25,957
2 years$13,532$13,280$13,035$12,798$12,569$12,130
3 years$8,931$8,678$8,435$8,200$7,974$7,547
4 years$6,632$6,379$6,138$5,908$5,687$5,275
5 years$5,252$5,002$4,764$4,538$4,323$3,927
6 years$4,333$4,084$3,850$3,629$3,421$3,041
7 years$3,677$3,430$3,199$2,983$2,782$2,419
8 years$3,185$2,940$2,713$2,503$2,308$1,962
9 years$2,802$2,560$2,337$2,132$1,944$1,614
10 years$2,496$2,256$2,037$1,838$1,656$1,342
11 years$2,246$2,009$1,794$1,599$1,424$1,126
12 years$2,038$1,803$1,592$1,403$1,234$952
13 years$1,862$1,629$1,422$1,238$1,076$809
14 years$1,711$1,481$1,278$1,099$944$691
15 years$1,581$1,353$1,154$980$831$592
16 years$1,466$1,241$1,046$878$734$509
17 years$1,366$1,143$952$789$651$439
18 years$1,277$1,056$869$711$579$380
19 years$1,197$979$795$642$516$329
20 years$1,125$910$730$582$461$285
21 years$1,060$847$671$528$412$248
22 years$1,001$791$619$480$370$216
23 years$948$740$571$437$332$188
24 years$898$693$528$399$298$164
25 years$853$650$489$364$268$143
26 years$812$611$454$333$242$125
27 years$773$575$422$305$218$109
28 years$738$542$392$279$197$95
29 years$705$511$365$256$178$83
30 years$674$483$340$235$160$73
31 years$645$457$317$216$145$64
32 years$618$432$295$198$131$56
33 years$593$409$276$182$119$49
34 years$569$388$258$168$108$43
35 years$547$368$241$154$97$37
36 years$526$349$225$142$88$33
37 years$506$332$211$131$80$29
38 years$487$315$198$121$73$25
39 years$469$300$185$111$66$22
40 years$453$285$174$103$60$19
41 years$437$271$163$95$54$17
42 years$421$258$153$87$49$15
43 years$407$246$143$81$45$13
44 years$393$235$134$75$40$11
45 years$380$224$126$69$37$10
46 years$368$214$119$64$33$9
47 years$356$204$111$59$30$8
48 years$344$195$105$54$27$7
49 years$334$186$98$50$25$6
50 years$323$177$92$46$23$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $331,000, adding $3,476 every year, while hoping to spend $22,138 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: 49/32/19 Blend
44$331,000$331,000$331,000$331,000
45$368,347$350,804$345,674$384,278
46$382,364$344,439$333,699$389,314
47$397,069$337,020$320,582$392,241
48$412,508$328,472$306,259$394,951
49$428,732$318,716$290,667$397,432
50$445,797$307,667$273,739$399,673
51$463,763$295,237$255,404$401,661
52$482,694$281,332$235,588$403,387
53$502,663$265,851$214,214$404,841
54$523,747$248,690$191,202$406,013
55$546,031$229,737$166,469$406,895
56$569,606$208,875$139,926$407,481
57$594,575$185,978$111,482$407,765
58$621,047$160,916$81,042$407,744
59$649,142$133,550$48,505$407,417
60$678,993$103,732$13,769$406,786
61$710,743$71,307$0$405,854
62$744,550$36,113$0$409,354
63$780,586$0$0$415,859
64$819,042$0$0$423,330
65$860,123$0$0$444,916
66$904,056$0$0$468,024
67$951,092$0$0$492,788
68$1,001,502$0$0$519,353
69$1,055,585$0$0$547,882
70$1,113,671$0$0$578,551
71$1,176,120$0$0$611,554
72$1,243,328$0$0$647,103
73$1,315,729$0$0$685,434
74$1,393,801$0$0$726,802
75$1,478,068$0$0$771,491
76$1,569,106$0$0$819,811
77$1,667,549$0$0$872,103
78$1,774,092$0$0$928,742
79$1,889,501$0$0$990,139
80$2,014,617$0$0$1,056,750
81$2,150,365$0$0$1,129,071
82$2,297,763$0$0$1,207,652
83$2,457,929$0$0$1,293,096
84$2,632,094$0$0$1,386,067
85$2,821,613$0$0$1,487,294
86$3,027,976$0$0$1,597,582
87$3,252,823$0$0$1,717,814
88$3,497,957$0$0$1,848,965
89$3,765,366$0$0$1,992,105
90$4,057,235$0$0$2,148,413
91$4,375,971$0$0$2,319,187
92$4,724,221$0$0$2,505,858
93$5,104,903$0$0$2,709,997
94$5,521,228$0$0$2,933,338
95$5,976,729$0$0$3,177,787
96$6,475,301$0$0$3,445,445
97$7,021,228$0$0$3,738,626
98$7,619,231$0$0$4,059,876
99$8,274,509$0$0$4,412,000
100$8,992,786$0$0$4,798,089