Can I retire at age 45 with 354,000?

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 $354,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$29,233$28,973$28,719$28,471$28,228$27,524
2 years$14,472$14,202$13,941$13,688$13,442$12,737
3 years$9,552$9,281$9,021$8,770$8,528$7,844
4 years$7,093$6,823$6,565$6,318$6,082$5,425
5 years$5,617$5,349$5,095$4,853$4,624$3,994
6 years$4,634$4,368$4,117$3,881$3,659$3,058
7 years$3,932$3,668$3,421$3,191$2,975$2,404
8 years$3,406$3,144$2,902$2,677$2,468$1,926
9 years$2,997$2,738$2,499$2,280$2,079$1,564
10 years$2,670$2,413$2,179$1,965$1,771$1,285
11 years$2,402$2,148$1,918$1,710$1,523$1,064
12 years$2,180$1,928$1,702$1,500$1,320$887
13 years$1,991$1,743$1,521$1,325$1,151$743
14 years$1,830$1,584$1,367$1,176$1,009$625
15 years$1,690$1,447$1,234$1,049$888$528
16 years$1,568$1,328$1,119$939$785$448
17 years$1,461$1,223$1,018$844$696$380
18 years$1,365$1,130$929$760$619$324
19 years$1,280$1,047$851$687$552$276
20 years$1,203$973$781$622$493$236
21 years$1,134$906$718$565$441$202
22 years$1,071$846$662$513$395$173
23 years$1,013$791$611$468$355$148
24 years$961$741$565$426$319$127
25 years$913$696$523$389$287$109
26 years$868$654$485$356$259$93
27 years$827$615$451$326$233$80
28 years$789$580$419$299$210$69
29 years$754$547$390$274$190$59
30 years$721$517$363$251$172$51
31 years$690$488$339$231$155$44
32 years$661$462$316$212$140$38
33 years$634$438$295$195$127$32
34 years$609$415$276$179$115$28
35 years$585$393$258$165$104$24
36 years$562$373$241$152$94$21
37 years$541$355$226$140$86$18
38 years$521$337$211$129$78$15
39 years$502$320$198$119$70$13
40 years$484$305$186$110$64$11
41 years$467$290$174$101$58$10
42 years$451$276$163$94$53$8
43 years$435$263$153$86$48$7
44 years$421$251$144$80$43$6
45 years$407$239$135$74$39$5
46 years$393$228$127$68$36$5
47 years$381$218$119$63$32$4
48 years$368$208$112$58$29$3
49 years$357$199$105$54$27$3
50 years$346$190$99$50$24$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $354,000, adding $3,348 every year, while hoping to spend $25,295 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: 53/19/28 Blend
44$354,000$354,000$354,000$354,000
45$393,561$374,799$369,312$411,185
46$406,791$366,251$354,771$415,209
47$420,522$356,436$338,894$416,740
48$434,780$345,265$321,611$417,903
49$449,589$332,645$302,847$418,673
50$464,979$318,476$282,524$419,024
51$480,978$302,654$260,560$418,930
52$497,620$285,065$236,871$418,361
53$514,938$265,594$211,367$417,288
54$532,969$244,116$183,955$415,683
55$551,753$220,498$154,538$413,513
56$571,331$194,603$123,015$410,746
57$591,751$166,282$89,280$407,350
58$613,061$135,381$53,223$403,290
59$635,315$101,737$14,727$398,531
60$658,570$65,175$0$393,038
61$682,888$25,512$0$394,649
62$708,337$0$0$400,658
63$734,989$0$0$410,311
64$762,923$0$0$426,029
65$792,224$0$0$442,527
66$822,987$0$0$459,858
67$855,310$0$0$478,081
68$889,305$0$0$497,260
69$925,089$0$0$517,462
70$962,794$0$0$538,765
71$1,002,560$0$0$561,248
72$1,044,541$0$0$585,002
73$1,088,905$0$0$610,123
74$1,135,836$0$0$636,719
75$1,185,534$0$0$664,905
76$1,238,216$0$0$694,808
77$1,294,123$0$0$726,567
78$1,353,515$0$0$760,333
79$1,416,678$0$0$796,273
80$1,483,924$0$0$834,567
81$1,555,595$0$0$875,415
82$1,632,067$0$0$919,035
83$1,713,750$0$0$965,666
84$1,801,093$0$0$1,015,569
85$1,894,591$0$0$1,069,031
86$1,994,784$0$0$1,126,368
87$2,102,265$0$0$1,187,924
88$2,217,686$0$0$1,254,079
89$2,341,760$0$0$1,325,249
90$2,475,273$0$0$1,401,890
91$2,619,087$0$0$1,484,506
92$2,774,146$0$0$1,573,646
93$2,941,490$0$0$1,669,916
94$3,122,262$0$0$1,773,983
95$3,317,715$0$0$1,886,577
96$3,529,230$0$0$2,008,503
97$3,758,323$0$0$2,140,644
98$4,006,659$0$0$2,283,972
99$4,276,073$0$0$2,439,557
100$4,568,581$0$0$2,608,575