Can I retire at age 45 with 369,000?

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 $369,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$30,472$30,200$29,935$29,677$29,425$28,937
2 years$15,085$14,804$14,532$14,268$14,012$13,522
3 years$9,957$9,675$9,403$9,141$8,890$8,413
4 years$7,393$7,112$6,843$6,586$6,340$5,880
5 years$5,855$5,576$5,310$5,059$4,820$4,378
6 years$4,831$4,553$4,292$4,045$3,814$3,390
7 years$4,099$3,824$3,566$3,326$3,102$2,697
8 years$3,550$3,278$3,025$2,790$2,573$2,187
9 years$3,124$2,854$2,605$2,377$2,167$1,799
10 years$2,783$2,515$2,271$2,049$1,846$1,496
11 years$2,504$2,239$1,999$1,783$1,588$1,256
12 years$2,272$2,010$1,774$1,564$1,376$1,061
13 years$2,076$1,816$1,585$1,381$1,200$902
14 years$1,908$1,651$1,424$1,226$1,052$770
15 years$1,762$1,508$1,286$1,093$926$660
16 years$1,635$1,384$1,166$979$818$568
17 years$1,523$1,274$1,061$879$726$489
18 years$1,423$1,178$969$792$645$423
19 years$1,334$1,091$887$716$575$366
20 years$1,254$1,014$814$649$514$318
21 years$1,182$945$749$589$460$276
22 years$1,116$882$690$535$412$240
23 years$1,056$825$637$487$370$209
24 years$1,002$773$589$445$332$182
25 years$951$725$546$406$299$159
26 years$905$682$506$371$270$139
27 years$862$641$470$340$243$121
28 years$822$604$437$311$219$106
29 years$786$570$407$285$198$93
30 years$751$538$379$262$179$81
31 years$719$509$353$241$162$71
32 years$689$482$329$221$146$62
33 years$661$456$308$203$132$54
34 years$634$432$287$187$120$48
35 years$610$410$269$172$109$42
36 years$586$389$251$159$98$37
37 years$564$370$235$146$89$32
38 years$543$351$220$135$81$28
39 years$523$334$206$124$73$25
40 years$504$318$193$115$66$22
41 years$487$303$181$106$60$19
42 years$470$288$170$98$55$17
43 years$454$275$160$90$50$15
44 years$438$262$150$83$45$13
45 years$424$250$141$77$41$11
46 years$410$238$132$71$37$10
47 years$397$227$124$66$34$9
48 years$384$217$117$61$31$8
49 years$372$207$110$56$28$7
50 years$360$198$103$52$25$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $369,000, adding $3,327 every year, while hoping to spend $21,948 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: 53/28/19 Blend
44$369,000$369,000$369,000$369,000
45$410,070$390,513$384,793$429,512
46$428,544$386,295$374,331$438,995
47$448,168$381,136$362,783$446,728
48$469,034$374,965$350,090$454,666
49$491,246$367,708$336,188$462,836
50$514,916$359,289$321,014$471,268
51$540,168$349,625$304,498$479,997
52$567,136$338,628$286,570$489,061
53$595,970$326,206$267,155$498,506
54$626,830$312,261$246,176$508,383
55$659,895$296,690$223,552$518,749
56$695,361$279,384$199,197$529,670
57$733,441$260,227$173,023$541,218
58$774,370$239,097$144,938$553,479
59$818,407$215,864$114,844$566,545
60$865,834$190,391$82,642$580,522
61$916,964$162,535$48,225$595,529
62$972,138$132,143$11,484$611,699
63$1,031,731$99,053$0$629,181
64$1,096,156$63,095$0$653,765
65$1,165,867$24,090$0$682,867
66$1,241,363$0$0$714,392
67$1,323,191$0$0$754,193
68$1,411,955$0$0$805,450
69$1,508,318$0$0$861,126
70$1,613,008$0$0$921,647
71$1,726,829$0$0$987,481
72$1,850,661$0$0$1,059,142
73$1,985,477$0$0$1,137,197
74$2,132,345$0$0$1,222,270
75$2,292,440$0$0$1,315,046
76$2,467,057$0$0$1,416,281
77$2,657,620$0$0$1,526,805
78$2,865,696$0$0$1,647,534
79$3,093,011$0$0$1,779,474
80$3,341,465$0$0$1,923,735
81$3,613,150$0$0$2,081,537
82$3,910,369$0$0$2,254,225
83$4,235,658$0$0$2,443,278
84$4,591,809$0$0$2,650,328
85$4,981,896$0$0$2,877,168
86$5,409,307$0$0$3,125,776
87$5,877,771$0$0$3,398,329
88$6,391,394$0$0$3,697,224
89$6,954,700$0$0$4,025,103
90$7,572,673$0$0$4,384,875
91$8,250,799$0$0$4,779,744
92$8,995,124$0$0$5,213,239
93$9,812,307$0$0$5,689,249
94$10,709,682$0$0$6,212,055
95$11,695,330$0$0$6,786,377
96$12,778,151$0$0$7,417,411
97$13,967,953$0$0$8,110,884
98$15,275,536$0$0$8,873,103
99$16,712,803$0$0$9,711,019
100$18,292,865$0$0$10,632,286