Can I retire at age 45 with 370,000?

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 $370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$30,554$30,282$30,017$29,757$29,504$29,099
2 years$15,126$14,844$14,571$14,306$14,050$13,643
3 years$9,984$9,701$9,428$9,166$8,914$8,517
4 years$7,413$7,131$6,862$6,604$6,357$5,974
5 years$5,871$5,591$5,325$5,072$4,833$4,464
6 years$4,844$4,565$4,303$4,056$3,824$3,470
7 years$4,110$3,834$3,576$3,335$3,110$2,771
8 years$3,560$3,286$3,033$2,798$2,580$2,256
9 years$3,132$2,861$2,612$2,383$2,173$1,864
10 years$2,790$2,522$2,277$2,054$1,851$1,557
11 years$2,511$2,245$2,005$1,788$1,592$1,312
12 years$2,278$2,015$1,779$1,568$1,380$1,114
13 years$2,081$1,821$1,590$1,384$1,203$951
14 years$1,913$1,655$1,428$1,229$1,055$816
15 years$1,767$1,512$1,290$1,096$929$703
16 years$1,639$1,388$1,169$981$821$607
17 years$1,527$1,278$1,064$882$728$526
18 years$1,427$1,181$971$795$647$457
19 years$1,338$1,094$889$718$577$398
20 years$1,258$1,017$816$650$515$347
21 years$1,185$947$751$590$461$303
22 years$1,119$884$692$537$413$265
23 years$1,059$827$639$489$371$232
24 years$1,004$775$591$446$333$203
25 years$954$727$547$407$300$178
26 years$907$683$507$372$270$157
27 years$864$643$471$341$244$138
28 years$825$606$438$312$220$121
29 years$788$572$408$286$199$106
30 years$753$540$380$263$179$94
31 years$721$510$354$241$162$82
32 years$691$483$330$222$147$73
33 years$663$457$308$204$133$64
34 years$636$433$288$188$120$56
35 years$611$411$269$173$109$50
36 years$588$390$252$159$99$44
37 years$565$371$236$147$89$39
38 years$544$352$221$135$81$34
39 years$525$335$207$125$73$30
40 years$506$319$194$115$67$26
41 years$488$303$182$106$60$23
42 years$471$289$171$98$55$21
43 years$455$275$160$90$50$18
44 years$440$262$150$83$45$16
45 years$425$250$141$77$41$14
46 years$411$239$133$71$37$12
47 years$398$228$124$66$34$11
48 years$385$217$117$61$31$10
49 years$373$208$110$56$28$9
50 years$361$198$103$52$25$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $370,000, adding $2,317 every year, while hoping to spend $26,492 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: 37/44/19 Blend
44$370,000$370,000$370,000$370,000
45$410,130$390,520$384,785$422,876
46$423,776$381,468$369,488$423,266
47$437,926$371,085$352,791$421,023
48$452,603$359,277$334,618$418,049
49$467,833$345,946$314,892$414,294
50$483,642$330,987$293,531$409,705
51$500,058$314,290$270,449$404,225
52$517,112$295,738$245,556$397,796
53$534,835$275,207$218,761$390,355
54$553,263$252,567$189,964$381,837
55$572,433$227,680$159,065$372,174
56$592,385$200,400$125,957$361,293
57$613,161$170,572$90,529$349,120
58$634,807$138,034$52,666$335,574
59$657,373$102,613$12,246$320,574
60$680,911$64,128$0$304,032
61$705,480$22,386$0$292,119
62$731,141$0$0$281,534
63$757,962$0$0$280,767
64$786,013$0$0$291,314
65$815,374$0$0$302,367
66$846,129$0$0$313,959
67$878,371$0$0$326,127
68$912,198$0$0$338,911
69$947,718$0$0$352,354
70$985,050$0$0$366,502
71$1,024,321$0$0$381,407
72$1,065,669$0$0$397,125
73$1,109,246$0$0$413,715
74$1,155,216$0$0$431,244
75$1,203,760$0$0$449,784
76$1,255,073$0$0$469,414
77$1,309,368$0$0$490,219
78$1,366,878$0$0$512,293
79$1,427,860$0$0$535,739
80$1,492,591$0$0$560,669
81$1,561,375$0$0$587,205
82$1,634,547$0$0$615,483
83$1,712,471$0$0$645,650
84$1,795,545$0$0$677,866
85$1,884,208$0$0$712,308
86$1,978,938$0$0$749,171
87$2,080,260$0$0$788,666
88$2,188,751$0$0$831,026
89$2,305,041$0$0$876,508
90$2,429,824$0$0$925,392
91$2,563,859$0$0$977,985
92$2,707,981$0$0$1,034,626
93$2,863,105$0$0$1,095,686
94$3,030,238$0$0$1,161,574
95$3,210,484$0$0$1,232,737
96$3,405,057$0$0$1,309,668
97$3,615,289$0$0$1,392,909
98$3,842,647$0$0$1,483,055
99$4,088,742$0$0$1,580,759
100$4,355,344$0$0$1,686,742