Can I retire at age 45 with 373,000?

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 $373,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$30,802$30,528$30,260$29,999$29,744$29,323
2 years$15,249$14,965$14,689$14,422$14,164$13,741
3 years$10,065$9,779$9,505$9,241$8,986$8,574
4 years$7,473$7,189$6,917$6,657$6,409$6,011
5 years$5,919$5,636$5,368$5,113$4,872$4,489
6 years$4,883$4,602$4,338$4,089$3,855$3,488
7 years$4,143$3,865$3,605$3,362$3,135$2,784
8 years$3,589$3,313$3,057$2,820$2,601$2,265
9 years$3,158$2,885$2,633$2,402$2,190$1,870
10 years$2,813$2,543$2,296$2,071$1,866$1,561
11 years$2,531$2,264$2,021$1,802$1,605$1,315
12 years$2,297$2,032$1,794$1,581$1,391$1,116
13 years$2,098$1,836$1,603$1,396$1,213$952
14 years$1,928$1,669$1,440$1,239$1,063$816
15 years$1,781$1,525$1,300$1,105$936$702
16 years$1,653$1,399$1,179$989$827$607
17 years$1,539$1,288$1,073$889$734$525
18 years$1,439$1,190$979$801$652$456
19 years$1,349$1,103$896$724$581$397
20 years$1,268$1,025$823$656$519$346
21 years$1,195$955$757$595$465$302
22 years$1,128$891$697$541$417$264
23 years$1,068$834$644$493$374$231
24 years$1,012$781$595$449$336$202
25 years$962$733$552$410$302$177
26 years$915$689$512$375$272$155
27 years$871$648$475$343$246$136
28 years$831$611$442$315$222$120
29 years$794$576$411$289$200$105
30 years$759$544$383$265$181$92
31 years$727$515$357$243$163$81
32 years$696$487$333$224$148$72
33 years$668$461$311$206$134$63
34 years$641$437$290$189$121$55
35 years$616$414$272$174$110$49
36 years$592$393$254$160$99$43
37 years$570$374$238$148$90$38
38 years$549$355$223$136$82$33
39 years$529$338$209$126$74$29
40 years$510$321$196$116$67$26
41 years$492$306$183$107$61$23
42 years$475$291$172$99$55$20
43 years$459$277$161$91$50$18
44 years$443$265$151$84$46$16
45 years$428$252$142$78$41$14
46 years$414$241$134$72$38$12
47 years$401$230$126$66$34$11
48 years$388$219$118$61$31$9
49 years$376$209$111$57$28$8
50 years$364$200$104$52$26$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $373,000, adding $2,514 every year, while hoping to spend $25,514 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: 43/50/7 Blend
44$373,000$373,000$373,000$373,000
45$413,639$393,870$388,089$430,485
46$428,684$386,023$373,943$434,577
47$444,408$376,936$358,468$436,203
48$460,853$366,522$341,593$437,376
49$478,067$354,688$323,243$438,062
50$496,097$341,336$303,339$438,229
51$514,999$326,361$281,801$437,842
52$534,830$309,654$258,542$436,864
53$555,654$291,098$233,474$435,258
54$577,539$270,571$206,505$432,986
55$600,561$247,941$177,535$430,008
56$624,800$223,073$146,465$426,283
57$650,346$195,819$113,188$421,769
58$677,295$166,028$77,593$416,423
59$705,752$133,536$39,565$410,202
60$735,831$98,173$0$403,062
61$767,659$59,756$0$395,034
62$801,372$18,095$0$389,156
63$837,118$0$0$382,434
64$875,063$0$0$389,696
65$915,382$0$0$408,016
66$958,274$0$0$427,529
67$1,003,949$0$0$448,336
68$1,052,644$0$0$470,548
69$1,104,614$0$0$494,284
70$1,160,139$0$0$519,677
71$1,219,529$0$0$546,872
72$1,283,119$0$0$576,028
73$1,351,280$0$0$607,319
74$1,424,417$0$0$640,937
75$1,502,977$0$0$677,091
76$1,587,448$0$0$716,013
77$1,678,367$0$0$757,955
78$1,776,324$0$0$803,196
79$1,881,964$0$0$852,041
80$1,996,001$0$0$904,826
81$2,119,214$0$0$961,920
82$2,252,464$0$0$1,023,730
83$2,396,693$0$0$1,090,700
84$2,552,939$0$0$1,163,322
85$2,722,344$0$0$1,242,134
86$2,906,162$0$0$1,327,730
87$3,105,773$0$0$1,420,762
88$3,322,694$0$0$1,521,947
89$3,558,595$0$0$1,632,076
90$3,815,313$0$0$1,752,018
91$4,094,870$0$0$1,882,727
92$4,399,488$0$0$2,025,257
93$4,731,617$0$0$2,180,766
94$5,093,949$0$0$2,350,528
95$5,489,449$0$0$2,535,946
96$5,921,382$0$0$2,738,565
97$6,393,341$0$0$2,960,086
98$6,909,281$0$0$3,202,381
99$7,473,556$0$0$3,467,512
100$8,090,963$0$0$3,757,748