Can I retire at age 45 with 375,000?

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 $375,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$30,967$30,691$30,422$30,160$29,903$29,702
2 years$15,330$15,045$14,768$14,500$14,240$14,037
3 years$10,119$9,832$9,556$9,290$9,034$8,836
4 years$7,513$7,227$6,954$6,693$6,443$6,251
5 years$5,951$5,666$5,397$5,141$4,898$4,713
6 years$4,909$4,627$4,361$4,111$3,876$3,697
7 years$4,165$3,886$3,624$3,380$3,152$2,980
8 years$3,608$3,331$3,074$2,835$2,615$2,450
9 years$3,175$2,900$2,647$2,415$2,202$2,045
10 years$2,828$2,556$2,308$2,082$1,876$1,726
11 years$2,545$2,276$2,032$1,812$1,614$1,470
12 years$2,309$2,043$1,803$1,589$1,398$1,261
13 years$2,109$1,846$1,611$1,403$1,219$1,089
14 years$1,939$1,678$1,448$1,245$1,069$944
15 years$1,791$1,533$1,307$1,111$941$823
16 years$1,661$1,406$1,185$995$832$719
17 years$1,547$1,295$1,078$894$738$631
18 years$1,446$1,197$984$805$656$555
19 years$1,356$1,109$901$728$585$489
20 years$1,275$1,031$827$659$522$432
21 years$1,201$960$761$598$467$382
22 years$1,134$896$701$544$419$338
23 years$1,074$838$647$495$376$300
24 years$1,018$785$599$452$338$266
25 years$967$737$554$413$304$237
26 years$920$693$514$377$274$211
27 years$876$652$478$345$247$188
28 years$836$614$444$316$223$167
29 years$798$579$413$290$201$149
30 years$763$547$385$266$182$133
31 years$731$517$359$245$164$119
32 years$700$489$335$225$149$106
33 years$672$464$313$207$135$95
34 years$645$439$292$190$122$85
35 years$619$417$273$175$110$76
36 years$596$396$255$161$100$68
37 years$573$376$239$149$91$60
38 years$552$357$224$137$82$54
39 years$532$339$210$126$74$48
40 years$513$323$197$116$68$43
41 years$495$307$184$107$61$39
42 years$477$293$173$99$56$35
43 years$461$279$162$92$50$31
44 years$446$266$152$84$46$28
45 years$431$254$143$78$42$25
46 years$417$242$134$72$38$22
47 years$403$231$126$67$34$20
48 years$390$220$119$62$31$18
49 years$378$210$111$57$28$16
50 years$366$201$105$53$26$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $375,000, adding $5,705 every year, while hoping to spend $28,354 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: 41/30/29 Blend
44$375,000$375,000$375,000$375,000
45$419,135$399,260$393,447$432,553
46$431,718$388,655$376,459$432,197
47$444,635$376,580$357,952$428,749
48$457,888$362,934$337,844$424,481
49$471,483$347,607$316,052$419,336
50$485,421$330,487$292,487$413,252
51$499,705$311,452$267,056$406,165
52$514,336$290,375$239,664$398,006
53$529,315$267,120$210,209$388,703
54$544,641$241,545$178,587$378,180
55$560,313$213,498$144,688$366,355
56$576,327$182,822$108,397$353,143
57$592,678$149,346$69,594$338,452
58$609,360$112,893$28,155$322,186
59$626,366$73,275$0$304,244
60$643,683$30,294$0$289,489
61$661,300$0$0$282,456
62$679,201$0$0$279,713
63$697,367$0$0$287,065
64$715,775$0$0$294,500
65$734,401$0$0$302,005
66$753,213$0$0$309,566
67$772,177$0$0$317,165
68$791,252$0$0$324,785
69$810,394$0$0$332,402
70$829,548$0$0$339,994
71$848,655$0$0$347,530
72$867,648$0$0$354,980
73$886,450$0$0$362,309
74$904,974$0$0$369,475
75$923,123$0$0$376,433
76$940,787$0$0$383,134
77$957,844$0$0$389,519
78$974,154$0$0$395,526
79$989,565$0$0$401,084
80$1,003,903$0$0$406,112
81$1,016,975$0$0$410,523
82$1,028,567$0$0$414,218
83$1,038,439$0$0$417,088
84$1,046,325$0$0$419,009
85$1,051,926$0$0$419,847
86$1,054,914$0$0$419,451
87$1,054,920$0$0$417,653
88$1,051,538$0$0$414,267
89$1,044,314$0$0$409,086
90$1,032,748$0$0$401,884
91$1,016,283$0$0$392,405
92$994,301$0$0$380,370
93$966,119$0$0$365,468
94$930,980$0$0$347,353
95$888,046$0$0$325,646
96$836,389$0$0$299,926
97$774,983$0$0$269,725
98$702,692$0$0$234,529
99$618,259$0$0$193,767
100$520,297$0$0$146,811