Can I retire at age 45 with 337,000?

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 $337,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$27,829$27,581$27,339$27,103$26,873$25,807
2 years$13,777$13,520$13,272$13,030$12,797$11,736
3 years$9,093$8,836$8,588$8,349$8,119$7,096
4 years$6,752$6,495$6,250$6,015$5,790$4,814
5 years$5,348$5,092$4,850$4,620$4,402$3,475
6 years$4,412$4,158$3,919$3,695$3,483$2,605
7 years$3,743$3,492$3,257$3,038$2,833$2,004
8 years$3,242$2,993$2,762$2,548$2,350$1,570
9 years$2,853$2,606$2,379$2,170$1,979$1,246
10 years$2,542$2,297$2,074$1,871$1,686$999
11 years$2,287$2,045$1,826$1,628$1,450$807
12 years$2,075$1,836$1,621$1,428$1,257$656
13 years$1,896$1,659$1,448$1,261$1,096$536
14 years$1,742$1,508$1,301$1,119$961$439
15 years$1,609$1,377$1,175$998$846$361
16 years$1,493$1,264$1,065$894$748$298
17 years$1,391$1,164$969$803$663$246
18 years$1,300$1,075$885$724$589$204
19 years$1,218$997$810$654$525$169
20 years$1,145$926$743$592$469$140
21 years$1,079$863$684$538$420$116
22 years$1,019$805$630$489$376$97
23 years$965$753$582$445$338$80
24 years$915$706$538$406$304$67
25 years$869$662$498$371$273$56
26 years$827$622$462$339$246$46
27 years$787$586$429$310$222$39
28 years$751$552$399$284$200$32
29 years$717$521$371$261$181$27
30 years$686$492$346$239$163$22
31 years$657$465$322$220$148$19
32 years$629$440$301$202$134$15
33 years$604$417$281$186$121$13
34 years$579$395$262$171$109$11
35 years$557$374$245$157$99$9
36 years$535$355$230$145$90$7
37 years$515$338$215$133$81$6
38 years$496$321$201$123$74$5
39 years$478$305$188$113$67$4
40 years$461$290$177$105$61$4
41 years$444$276$166$97$55$3
42 years$429$263$155$89$50$3
43 years$414$251$146$82$45$2
44 years$400$239$137$76$41$2
45 years$387$228$129$70$37$1
46 years$374$217$121$65$34$1
47 years$362$207$113$60$31$1
48 years$351$198$107$55$28$1
49 years$340$189$100$51$25$1
50 years$329$181$94$47$23$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $337,000, adding $2,813 every year, while hoping to spend $30,092 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: 36/49/15 Blend
44$337,000$337,000$337,000$337,000
45$374,276$356,415$351,191$385,936
46$380,434$341,861$330,938$380,055
47$386,212$325,586$308,999$370,647
48$391,539$307,473$285,283$359,842
49$396,337$287,400$259,701$347,532
50$400,516$265,236$232,154$333,600
51$403,981$240,844$202,543$317,921
52$406,621$214,080$170,762$300,362
53$408,315$184,789$136,702$280,778
54$408,929$152,809$100,248$259,015
55$408,314$117,971$61,279$234,907
56$406,302$80,091$19,672$208,276
57$402,710$38,981$0$178,931
58$397,332$0$0$150,623
59$389,943$0$0$125,791
60$380,291$0$0$121,051
61$368,097$0$0$115,274
62$353,054$0$0$108,338
63$334,820$0$0$100,104
64$313,017$0$0$90,424
65$287,227$0$0$79,129
66$256,989$0$0$66,036
67$221,792$0$0$50,941
68$181,069$0$0$33,619
69$134,198$0$0$13,820
70$80,487$0$0$0
71$19,176$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$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