Can I retire at age 45 with 377,000?

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 $377,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$31,132$30,855$30,584$30,320$30,063$28,870
2 years$15,412$15,125$14,847$14,577$14,315$13,129
3 years$10,173$9,884$9,607$9,340$9,082$7,939
4 years$7,553$7,266$6,991$6,729$6,478$5,386
5 years$5,982$5,697$5,426$5,168$4,924$3,887
6 years$4,935$4,652$4,385$4,133$3,896$2,915
7 years$4,188$3,907$3,644$3,398$3,169$2,242
8 years$3,627$3,349$3,090$2,851$2,629$1,756
9 years$3,192$2,916$2,662$2,428$2,214$1,394
10 years$2,843$2,570$2,320$2,093$1,886$1,118
11 years$2,558$2,288$2,043$1,822$1,622$903
12 years$2,321$2,053$1,813$1,598$1,406$734
13 years$2,121$1,856$1,620$1,411$1,226$599
14 years$1,949$1,687$1,455$1,252$1,075$491
15 years$1,800$1,541$1,314$1,117$946$404
16 years$1,670$1,414$1,191$1,000$836$333
17 years$1,556$1,302$1,084$898$741$275
18 years$1,454$1,203$990$810$659$228
19 years$1,363$1,115$906$732$588$189
20 years$1,281$1,036$831$663$525$157
21 years$1,207$965$765$601$470$130
22 years$1,140$901$705$547$421$108
23 years$1,079$843$651$498$378$90
24 years$1,023$789$602$454$340$75
25 years$972$741$557$415$306$62
26 years$925$696$517$379$275$52
27 years$881$655$480$347$248$43
28 years$840$618$446$318$224$36
29 years$803$583$415$292$202$30
30 years$767$550$387$268$183$25
31 years$735$520$361$246$165$21
32 years$704$492$337$226$149$17
33 years$675$466$314$208$135$14
34 years$648$442$294$191$122$12
35 years$623$419$274$176$111$10
36 years$599$398$257$162$101$8
37 years$576$378$240$149$91$7
38 years$555$359$225$138$83$6
39 years$535$341$211$127$75$5
40 years$515$325$198$117$68$4
41 years$497$309$185$108$62$3
42 years$480$294$174$100$56$3
43 years$464$280$163$92$51$2
44 years$448$267$153$85$46$2
45 years$433$255$144$78$42$2
46 years$419$243$135$72$38$1
47 years$405$232$127$67$34$1
48 years$392$222$119$62$31$1
49 years$380$212$112$57$28$1
50 years$368$202$105$53$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $377,000, adding $5,990 every year, while hoping to spend $26,187 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: 69/10/21 Blend
44$377,000$377,000$377,000$377,000
45$421,633$401,652$395,808$448,130
46$436,776$393,470$381,205$458,419
47$452,587$384,009$365,235$466,055
48$469,105$373,180$347,825$473,775
49$486,374$360,886$328,897$481,586
50$504,442$347,027$308,372$489,495
51$523,358$331,495$286,166$497,511
52$543,180$314,177$262,191$505,647
53$563,965$294,953$236,356$513,916
54$585,781$273,696$208,565$522,332
55$608,697$250,274$178,718$530,915
56$632,790$224,543$146,711$539,684
57$658,143$196,355$112,435$548,665
58$684,848$165,551$75,776$557,885
59$713,004$131,964$36,616$567,376
60$742,718$95,417$0$577,176
61$774,108$55,726$0$588,485
62$807,302$12,691$0$609,022
63$842,440$0$0$630,660
64$879,676$0$0$657,220
65$919,176$0$0$686,887
66$961,122$0$0$718,403
67$1,005,715$0$0$751,920
68$1,053,173$0$0$787,603
69$1,103,735$0$0$825,633
70$1,157,664$0$0$866,210
71$1,215,246$0$0$909,552
72$1,276,795$0$0$955,896
73$1,342,657$0$0$1,005,505
74$1,413,209$0$0$1,058,665
75$1,488,865$0$0$1,115,692
76$1,570,081$0$0$1,176,930
77$1,657,356$0$0$1,242,758
78$1,751,237$0$0$1,313,594
79$1,852,326$0$0$1,389,892
80$1,961,284$0$0$1,472,157
81$2,078,836$0$0$1,560,937
82$2,205,780$0$0$1,656,840
83$2,342,992$0$0$1,760,531
84$2,491,434$0$0$1,872,741
85$2,652,165$0$0$1,994,274
86$2,826,349$0$0$2,126,015
87$3,015,265$0$0$2,268,936
88$3,220,320$0$0$2,424,105
89$3,443,062$0$0$2,592,700
90$3,685,193$0$0$2,776,014
91$3,948,586$0$0$2,975,469
92$4,235,301$0$0$3,192,633
93$4,547,607$0$0$3,429,228
94$4,887,996$0$0$3,687,150
95$5,259,217$0$0$3,968,486
96$5,664,290$0$0$4,275,535
97$6,106,543$0$0$4,610,823
98$6,589,637$0$0$4,977,136
99$7,117,604$0$0$5,377,536
100$7,694,881$0$0$5,815,398