Can I retire at age 45 with 376,000?

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 $376,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$31,050$30,773$30,503$30,240$29,983$29,584
2 years$15,371$15,085$14,807$14,538$14,278$13,876
3 years$10,146$9,858$9,581$9,315$9,058$8,667
4 years$7,533$7,247$6,973$6,711$6,460$6,082
5 years$5,966$5,682$5,411$5,155$4,911$4,547
6 years$4,922$4,639$4,373$4,122$3,886$3,537
7 years$4,177$3,896$3,634$3,389$3,160$2,826
8 years$3,618$3,340$3,082$2,843$2,622$2,302
9 years$3,183$2,908$2,654$2,422$2,208$1,903
10 years$2,836$2,563$2,314$2,087$1,881$1,591
11 years$2,552$2,282$2,037$1,817$1,618$1,341
12 years$2,315$2,048$1,808$1,593$1,402$1,139
13 years$2,115$1,851$1,615$1,407$1,223$973
14 years$1,944$1,682$1,451$1,249$1,072$836
15 years$1,795$1,537$1,311$1,114$944$720
16 years$1,666$1,410$1,188$997$834$623
17 years$1,552$1,299$1,081$896$739$540
18 years$1,450$1,200$987$807$658$470
19 years$1,359$1,112$904$730$586$409
20 years$1,278$1,033$829$661$523$357
21 years$1,204$963$763$600$468$312
22 years$1,137$899$703$545$420$273
23 years$1,076$840$649$497$377$239
24 years$1,021$787$600$453$339$210
25 years$969$739$556$414$305$184
26 years$922$694$516$378$275$162
27 years$878$654$479$346$248$142
28 years$838$616$445$317$223$125
29 years$800$581$414$291$202$110
30 years$765$549$386$267$182$97
31 years$733$519$360$245$165$85
32 years$702$491$336$225$149$75
33 years$673$465$313$207$135$66
34 years$646$441$293$191$122$59
35 years$621$418$274$175$111$52
36 years$597$397$256$162$100$46
37 years$575$377$240$149$91$40
38 years$553$358$224$137$82$35
39 years$533$340$210$127$75$31
40 years$514$324$197$117$68$28
41 years$496$308$185$108$61$24
42 years$479$294$173$99$56$22
43 years$462$280$163$92$51$19
44 years$447$267$153$85$46$17
45 years$432$254$143$78$42$15
46 years$418$243$135$72$38$13
47 years$404$231$127$67$34$12
48 years$391$221$119$62$31$10
49 years$379$211$112$57$28$9
50 years$367$202$105$53$26$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $376,000, adding $6,565 every year, while hoping to spend $21,134 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: 48/30/22 Blend
44$376,000$376,000$376,000$376,000
45$421,124$401,196$395,368$438,428
46$441,592$398,368$386,126$448,342
47$463,440$394,693$375,867$456,459
48$486,785$390,108$364,533$464,840
49$511,758$384,544$352,066$473,518
50$538,501$377,930$338,403$482,531
51$567,170$370,191$323,482$491,924
52$597,936$361,245$307,233$501,747
53$630,987$351,007$289,587$512,056
54$666,529$339,388$270,469$522,916
55$704,788$326,291$249,803$534,398
56$746,014$311,617$227,509$546,584
57$790,478$295,257$203,502$559,566
58$838,482$277,100$177,694$573,446
59$890,355$257,025$149,994$588,342
60$946,458$234,906$120,306$604,383
61$1,007,190$210,610$88,530$621,715
62$1,072,990$183,996$54,562$640,501
63$1,144,337$154,915$18,292$660,925
64$1,221,762$123,208$0$683,191
65$1,305,846$88,709$0$712,320
66$1,397,230$51,244$0$748,668
67$1,496,618$10,625$0$788,252
68$1,604,785$0$0$831,419
69$1,722,584$0$0$889,562
70$1,850,952$0$0$956,783
71$1,990,924$0$0$1,030,120
72$2,143,634$0$0$1,110,173
73$2,310,334$0$0$1,197,603
74$2,492,401$0$0$1,293,139
75$2,691,351$0$0$1,397,580
76$2,908,853$0$0$1,511,810
77$3,146,744$0$0$1,636,799
78$3,407,047$0$0$1,773,616
79$3,691,990$0$0$1,923,440
80$4,004,027$0$0$2,087,566
81$4,345,857$0$0$2,267,423
82$4,720,458$0$0$2,464,584
83$5,131,104$0$0$2,680,780
84$5,581,404$0$0$2,917,920
85$6,075,334$0$0$3,178,105
86$6,617,270$0$0$3,463,649
87$7,212,034$0$0$3,777,102
88$7,864,938$0$0$4,121,272
89$8,581,833$0$0$4,499,253
90$9,369,163$0$0$4,914,453
91$10,234,028$0$0$5,370,626
92$11,184,250$0$0$5,871,908
93$12,228,444$0$0$6,422,856
94$13,376,103$0$0$7,028,488
95$14,637,685$0$0$7,694,336
96$16,024,710$0$0$8,426,492
97$17,549,872$0$0$9,231,668
98$19,227,156$0$0$10,117,262
99$21,071,970$0$0$11,091,421
100$23,101,290$0$0$12,163,123