Can I retire at age 45 with 367,000?

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 $367,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$30,307$30,037$29,773$29,516$29,265$29,117
2 years$15,003$14,724$14,453$14,190$13,936$13,787
3 years$9,903$9,622$9,352$9,092$8,841$8,696
4 years$7,353$7,073$6,806$6,550$6,306$6,164
5 years$5,824$5,546$5,282$5,031$4,794$4,657
6 years$4,804$4,528$4,268$4,024$3,793$3,661
7 years$4,077$3,803$3,547$3,308$3,085$2,958
8 years$3,531$3,260$3,008$2,775$2,559$2,437
9 years$3,107$2,838$2,591$2,364$2,155$2,038
10 years$2,768$2,502$2,259$2,037$1,836$1,725
11 years$2,491$2,227$1,989$1,773$1,579$1,472
12 years$2,260$1,999$1,765$1,555$1,369$1,267
13 years$2,064$1,807$1,577$1,373$1,193$1,096
14 years$1,897$1,642$1,417$1,219$1,046$953
15 years$1,752$1,500$1,279$1,087$921$833
16 years$1,626$1,376$1,160$973$814$730
17 years$1,514$1,267$1,055$875$722$642
18 years$1,415$1,171$963$788$642$566
19 years$1,327$1,085$882$712$572$500
20 years$1,247$1,009$809$645$511$443
21 years$1,175$940$744$585$457$393
22 years$1,110$877$686$532$410$349
23 years$1,051$820$634$485$368$311
24 years$996$769$586$442$331$277
25 years$946$721$543$404$298$247
26 years$900$678$503$369$268$220
27 years$857$638$467$338$242$197
28 years$818$601$434$310$218$176
29 years$781$567$404$284$197$157
30 years$747$536$377$261$178$141
31 years$715$506$351$239$161$126
32 years$685$479$328$220$145$113
33 years$657$454$306$202$132$101
34 years$631$430$286$186$119$91
35 years$606$408$267$171$108$81
36 years$583$387$250$158$98$73
37 years$561$368$234$145$89$65
38 years$540$349$219$134$80$59
39 years$520$332$205$124$73$53
40 years$502$316$192$114$66$47
41 years$484$301$180$105$60$43
42 years$467$287$169$97$54$38
43 years$451$273$159$90$49$34
44 years$436$260$149$83$45$31
45 years$422$248$140$76$41$28
46 years$408$237$131$71$37$25
47 years$395$226$123$65$34$22
48 years$382$216$116$60$30$20
49 years$370$206$109$56$28$18
50 years$358$197$103$51$25$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $367,000, adding $6,994 every year, while hoping to spend $23,360 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: 65/11/24 Blend
44$367,000$367,000$367,000$367,000
45$411,648$392,197$386,509$435,414
46$428,782$386,560$374,602$446,639
47$446,880$379,864$361,513$455,646
48$466,016$372,032$347,179$464,959
49$486,271$362,983$331,531$474,608
50$507,733$352,631$314,499$484,631
51$530,498$340,886$296,011$495,067
52$554,670$327,651$275,989$505,961
53$580,365$312,825$254,354$517,365
54$607,709$296,299$231,020$529,334
55$636,837$277,961$205,902$541,932
56$667,902$257,688$178,907$555,231
57$701,068$235,355$149,940$569,311
58$736,516$210,826$118,902$584,261
59$774,443$183,959$85,688$600,180
60$815,067$154,604$50,190$617,181
61$858,626$122,602$12,293$635,386
62$905,382$87,785$0$654,935
63$955,621$49,976$0$683,190
64$1,009,657$8,988$0$716,944
65$1,067,837$0$0$753,269
66$1,130,540$0$0$796,694
67$1,198,183$0$0$844,734
68$1,271,224$0$0$896,627
69$1,350,166$0$0$952,734
70$1,435,562$0$0$1,013,450
71$1,528,021$0$0$1,079,210
72$1,628,210$0$0$1,150,494
73$1,736,865$0$0$1,227,826
74$1,854,794$0$0$1,311,785
75$1,982,887$0$0$1,403,008
76$2,122,120$0$0$1,502,195
77$2,273,569$0$0$1,610,115
78$2,438,419$0$0$1,727,616
79$2,617,971$0$0$1,855,630
80$2,813,659$0$0$1,995,183
81$3,027,060$0$0$2,147,404
82$3,259,909$0$0$2,313,537
83$3,514,117$0$0$2,494,948
84$3,791,789$0$0$2,693,144
85$4,095,239$0$0$2,909,784
86$4,427,016$0$0$3,146,691
87$4,789,927$0$0$3,405,877
88$5,187,064$0$0$3,689,553
89$5,621,827$0$0$4,000,157
90$6,097,966$0$0$4,340,373
91$6,619,607$0$0$4,713,154
92$7,191,293$0$0$5,121,757
93$7,818,031$0$0$5,569,764
94$8,505,333$0$0$6,061,124
95$9,259,271$0$0$6,600,185
96$10,086,531$0$0$7,191,737
97$10,994,480$0$0$7,841,054
98$11,991,233$0$0$8,553,947
99$13,085,727$0$0$9,336,819
100$14,287,808$0$0$10,196,721