Can I retire at age 45 with 356,000?

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 $356,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$29,398$29,136$28,881$28,631$28,388$28,221
2 years$14,554$14,282$14,020$13,765$13,518$13,350
3 years$9,606$9,334$9,072$8,819$8,576$8,412
4 years$7,133$6,861$6,602$6,354$6,117$5,957
5 years$5,649$5,379$5,123$4,880$4,650$4,496
6 years$4,660$4,393$4,140$3,903$3,679$3,531
7 years$3,954$3,689$3,441$3,209$2,992$2,849
8 years$3,425$3,162$2,918$2,692$2,482$2,345
9 years$3,014$2,753$2,513$2,293$2,091$1,959
10 years$2,685$2,427$2,191$1,976$1,781$1,655
11 years$2,416$2,160$1,929$1,720$1,532$1,412
12 years$2,192$1,939$1,712$1,509$1,328$1,213
13 years$2,003$1,752$1,530$1,332$1,158$1,048
14 years$1,840$1,593$1,374$1,182$1,015$911
15 years$1,700$1,455$1,241$1,054$893$794
16 years$1,577$1,335$1,125$944$790$696
17 years$1,469$1,230$1,024$848$700$611
18 years$1,373$1,136$934$765$623$538
19 years$1,287$1,053$855$691$555$475
20 years$1,210$978$785$626$496$420
21 years$1,140$911$722$568$444$372
22 years$1,077$851$666$516$398$330
23 years$1,019$796$615$470$357$293
24 years$966$746$568$429$321$261
25 years$918$700$526$392$289$232
26 years$873$658$488$358$260$207
27 years$832$619$453$328$234$184
28 years$793$583$421$300$212$165
29 years$758$550$392$275$191$147
30 years$725$520$365$253$173$131
31 years$694$491$341$232$156$117
32 years$665$465$318$213$141$105
33 years$638$440$297$196$128$94
34 years$612$417$277$180$116$84
35 years$588$396$259$166$105$75
36 years$565$375$242$153$95$67
37 years$544$357$227$141$86$60
38 years$524$339$213$130$78$54
39 years$505$322$199$120$71$48
40 years$487$307$187$111$64$43
41 years$470$292$175$102$58$39
42 years$453$278$164$94$53$35
43 years$438$265$154$87$48$31
44 years$423$252$145$80$43$28
45 years$409$241$136$74$39$25
46 years$396$230$128$68$36$23
47 years$383$219$120$63$33$20
48 years$370$209$113$58$30$18
49 years$359$200$106$54$27$16
50 years$348$191$99$50$24$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $356,000, adding $6,161 every year, while hoping to spend $22,882 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: 35/39/26 Blend
44$356,000$356,000$356,000$356,000
45$398,667$379,799$374,281$409,315
46$414,985$374,063$362,473$412,039
47$432,200$367,279$349,503$412,467
48$450,380$359,371$335,307$412,480
49$469,599$350,260$319,820$412,055
50$489,936$339,861$302,972$411,171
51$511,479$328,084$284,691$409,805
52$534,325$314,835$264,903$407,936
53$558,576$300,012$243,527$405,541
54$584,349$283,510$220,483$402,598
55$611,767$265,217$195,684$399,088
56$640,969$245,014$169,041$394,991
57$672,103$222,775$140,459$390,287
58$705,334$198,367$109,841$384,960
59$740,841$171,651$77,084$378,994
60$778,823$142,478$42,083$372,377
61$819,496$110,692$4,725$365,097
62$863,095$76,127$0$357,147
63$909,882$38,608$0$358,273
64$960,142$0$0$360,759
65$1,014,189$0$0$364,212
66$1,072,365$0$0$385,801
67$1,135,050$0$0$409,103
68$1,202,657$0$0$434,275
69$1,275,643$0$0$461,494
70$1,354,509$0$0$490,951
71$1,439,804$0$0$522,858
72$1,532,135$0$0$557,447
73$1,632,165$0$0$594,973
74$1,740,627$0$0$635,719
75$1,858,324$0$0$679,992
76$1,986,141$0$0$728,133
77$2,125,051$0$0$780,516
78$2,276,124$0$0$837,552
79$2,440,538$0$0$899,696
80$2,619,587$0$0$967,444
81$2,814,698$0$0$1,041,346
82$3,027,440$0$0$1,122,006
83$3,259,539$0$0$1,210,087
84$3,512,896$0$0$1,306,323
85$3,789,604$0$0$1,411,518
86$4,091,964$0$0$1,526,560
87$4,422,515$0$0$1,652,424
88$4,784,046$0$0$1,790,186
89$5,179,632$0$0$1,941,031
90$5,612,657$0$0$2,106,261
91$6,086,850$0$0$2,287,313
92$6,606,313$0$0$2,485,768
93$7,175,568$0$0$2,703,367
94$7,799,592$0$0$2,942,030
95$8,483,869$0$0$3,203,868
96$9,234,436$0$0$3,491,208
97$10,057,945$0$0$3,806,614
98$10,961,723$0$0$4,152,910
99$11,953,838$0$0$4,533,206
100$13,043,182$0$0$4,950,928