Can I retire at age 45 with 362,000?

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 $362,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$29,894$29,627$29,368$29,114$28,866$28,307
2 years$14,799$14,523$14,256$13,997$13,746$13,184
3 years$9,768$9,491$9,225$8,968$8,721$8,175
4 years$7,253$6,977$6,713$6,461$6,220$5,694
5 years$5,744$5,470$5,210$4,963$4,728$4,223
6 years$4,739$4,467$4,210$3,969$3,741$3,258
7 years$4,021$3,751$3,499$3,263$3,043$2,582
8 years$3,483$3,215$2,967$2,737$2,524$2,085
9 years$3,065$2,800$2,556$2,331$2,126$1,708
10 years$2,730$2,468$2,228$2,010$1,811$1,415
11 years$2,457$2,197$1,962$1,749$1,558$1,182
12 years$2,229$1,972$1,741$1,534$1,350$994
13 years$2,036$1,782$1,555$1,354$1,177$841
14 years$1,871$1,620$1,397$1,202$1,032$715
15 years$1,729$1,480$1,262$1,072$909$610
16 years$1,604$1,358$1,144$960$803$522
17 years$1,494$1,250$1,041$863$712$448
18 years$1,396$1,155$950$777$633$385
19 years$1,309$1,071$870$702$564$332
20 years$1,230$995$798$636$504$286
21 years$1,159$927$734$577$451$247
22 years$1,095$865$677$525$404$214
23 years$1,036$809$625$478$363$185
24 years$983$758$578$436$326$161
25 years$933$711$535$398$294$139
26 years$888$669$496$364$264$121
27 years$846$629$461$333$238$105
28 years$807$593$429$305$215$91
29 years$771$559$399$280$194$79
30 years$737$528$371$257$175$69
31 years$705$499$346$236$159$60
32 years$676$473$323$217$144$52
33 years$648$447$302$199$130$46
34 years$622$424$282$184$118$40
35 years$598$402$264$169$107$35
36 years$575$382$247$156$97$30
37 years$553$363$231$143$87$26
38 years$533$345$216$132$79$23
39 years$513$328$202$122$72$20
40 years$495$312$190$112$65$17
41 years$477$297$178$104$59$15
42 years$461$283$167$96$54$13
43 years$445$269$157$88$49$11
44 years$430$257$147$82$44$10
45 years$416$245$138$75$40$9
46 years$402$234$130$70$36$8
47 years$389$223$122$64$33$7
48 years$377$213$114$59$30$6
49 years$365$203$108$55$27$5
50 years$353$194$101$51$25$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $362,000, adding $6,100 every year, while hoping to spend $21,853 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: 69/10/21 Blend
44$362,000$362,000$362,000$362,000
45$405,216$386,030$380,419$430,659
46$423,297$381,694$369,912$444,104
47$442,489$376,413$358,320$455,688
48$462,884$370,118$345,584$467,833
49$484,579$362,735$331,643$480,594
50$507,684$354,187$316,430$494,030
51$532,316$344,391$299,879$508,208
52$558,605$333,259$281,918$523,203
53$586,694$320,699$262,473$539,096
54$616,738$306,615$241,467$555,979
55$648,907$290,901$218,819$573,953
56$683,390$273,449$194,443$593,131
57$720,391$254,143$168,252$613,639
58$760,136$232,861$140,153$635,614
59$802,872$209,474$110,051$659,211
60$848,871$183,844$77,844$684,599
61$898,431$155,828$43,427$711,969
62$951,881$125,273$6,691$741,528
63$1,009,579$92,018$0$773,510
64$1,071,921$55,892$0$815,456
65$1,139,343$16,716$0$862,440
66$1,212,321$0$0$913,304
67$1,291,381$0$0$971,254
68$1,377,100$0$0$1,036,096
69$1,470,114$0$0$1,106,475
70$1,571,120$0$0$1,182,920
71$1,680,887$0$0$1,266,015
72$1,800,260$0$0$1,356,403
73$1,930,169$0$0$1,454,790
74$2,071,636$0$0$1,561,953
75$2,225,787$0$0$1,678,749
76$2,393,862$0$0$1,806,118
77$2,577,223$0$0$1,945,097
78$2,777,371$0$0$2,096,827
79$2,995,959$0$0$2,262,563
80$3,234,804$0$0$2,443,687
81$3,495,909$0$0$2,641,722
82$3,781,478$0$0$2,858,344
83$4,093,938$0$0$3,095,396
84$4,435,962$0$0$3,354,911
85$4,810,492$0$0$3,639,126
86$5,220,769$0$0$3,950,504
87$5,670,362$0$0$4,291,759
88$6,163,201$0$0$4,665,878
89$6,703,615$0$0$5,076,153
90$7,296,372$0$0$5,526,208
91$7,946,724$0$0$6,020,035
92$8,660,455$0$0$6,562,033
93$9,443,935$0$0$7,157,045
94$10,304,185$0$0$7,810,407
95$11,248,934$0$0$8,527,998
96$12,286,700$0$0$9,316,292
97$13,426,864$0$0$10,182,423
98$14,679,764$0$0$11,134,250
99$16,056,785$0$0$12,180,429
100$17,570,473$0$0$13,330,498