Can I retire at age 45 with 368,000?

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 $368,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$30,389$30,118$29,854$29,597$29,345$29,221
2 years$15,044$14,764$14,492$14,229$13,974$13,849
3 years$9,930$9,648$9,378$9,117$8,866$8,743
4 years$7,373$7,093$6,824$6,568$6,323$6,204
5 years$5,840$5,561$5,296$5,045$4,807$4,692
6 years$4,817$4,541$4,280$4,034$3,803$3,693
7 years$4,088$3,813$3,557$3,317$3,093$2,987
8 years$3,541$3,269$3,016$2,783$2,566$2,464
9 years$3,115$2,846$2,598$2,370$2,161$2,063
10 years$2,775$2,509$2,265$2,043$1,841$1,747
11 years$2,497$2,233$1,994$1,778$1,584$1,494
12 years$2,266$2,004$1,770$1,560$1,372$1,287
13 years$2,070$1,811$1,581$1,377$1,197$1,115
14 years$1,902$1,647$1,421$1,222$1,049$971
15 years$1,757$1,504$1,283$1,090$924$849
16 years$1,630$1,380$1,163$976$816$746
17 years$1,519$1,271$1,058$877$724$657
18 years$1,419$1,174$966$790$644$580
19 years$1,330$1,088$884$714$574$513
20 years$1,251$1,011$812$647$512$455
21 years$1,179$942$746$587$458$404
22 years$1,113$879$688$534$411$360
23 years$1,054$823$635$486$369$321
24 years$999$771$588$443$332$286
25 years$949$723$544$405$298$255
26 years$903$680$505$370$269$228
27 years$860$640$469$339$242$204
28 years$820$603$436$310$219$183
29 years$783$569$405$285$197$164
30 years$749$537$378$261$178$147
31 years$717$508$352$240$161$132
32 years$687$480$328$221$146$118
33 years$659$455$307$203$132$106
34 years$633$431$287$187$120$95
35 years$608$409$268$172$108$86
36 years$584$388$251$158$98$77
37 years$562$369$235$146$89$69
38 years$542$350$220$134$81$62
39 years$522$333$206$124$73$56
40 years$503$317$193$114$66$50
41 years$485$302$181$105$60$45
42 years$469$287$170$97$55$41
43 years$452$274$159$90$50$37
44 years$437$261$149$83$45$33
45 years$423$249$140$77$41$30
46 years$409$237$132$71$37$27
47 years$396$227$124$65$34$24
48 years$383$216$116$60$31$22
49 years$371$207$109$56$28$19
50 years$359$197$103$52$25$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $368,000, adding $4,305 every year, while hoping to spend $26,053 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: 67/15/18 Blend
44$368,000$368,000$368,000$368,000
45$409,977$390,473$384,769$435,359
46$424,074$381,886$369,938$444,285
47$438,736$372,005$353,738$450,614
48$453,993$360,739$336,094$456,897
49$469,877$347,992$316,930$463,130
50$486,423$333,662$296,166$469,308
51$503,669$317,641$273,717$475,424
52$521,653$299,816$249,497$481,476
53$540,420$280,066$223,414$487,459
54$560,017$258,263$195,372$493,369
55$580,493$234,272$165,271$499,204
56$601,904$207,952$133,008$504,964
57$624,308$179,151$98,474$510,646
58$647,769$147,711$61,554$516,253
59$672,356$113,463$22,130$521,788
60$698,143$76,231$0$527,253
61$725,214$35,826$0$536,487
62$753,655$0$0$550,454
63$783,563$0$0$566,247
64$815,042$0$0$589,102
65$848,206$0$0$613,189
66$883,179$0$0$638,599
67$920,095$0$0$665,431
68$959,102$0$0$693,793
69$1,000,360$0$0$723,804
70$1,044,045$0$0$755,592
71$1,090,347$0$0$789,297
72$1,139,476$0$0$825,075
73$1,191,660$0$0$863,093
74$1,247,150$0$0$903,536
75$1,306,219$0$0$946,604
76$1,369,167$0$0$992,520
77$1,436,321$0$0$1,041,523
78$1,508,042$0$0$1,093,879
79$1,584,722$0$0$1,149,879
80$1,666,793$0$0$1,209,840
81$1,754,729$0$0$1,274,111
82$1,849,050$0$0$1,343,075
83$1,950,324$0$0$1,417,152
84$2,059,177$0$0$1,496,803
85$2,176,296$0$0$1,582,534
86$2,302,434$0$0$1,674,901
87$2,438,419$0$0$1,774,514
88$2,585,161$0$0$1,882,044
89$2,743,657$0$0$1,998,228
90$2,915,007$0$0$2,123,876
91$3,100,417$0$0$2,259,877
92$3,301,213$0$0$2,407,210
93$3,518,854$0$0$2,566,951
94$3,754,943$0$0$2,740,283
95$4,011,243$0$0$2,928,508
96$4,289,695$0$0$3,133,056
97$4,592,433$0$0$3,355,502
98$4,921,803$0$0$3,597,578
99$5,280,388$0$0$3,861,190
100$5,671,031$0$0$4,148,435