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%18.6%
1 years$31,132$30,855$30,584$30,320$30,063$29,019
2 years$15,412$15,125$14,847$14,577$14,315$13,275
3 years$10,173$9,884$9,607$9,340$9,082$8,077
4 years$7,553$7,266$6,991$6,729$6,478$5,516
5 years$5,982$5,697$5,426$5,168$4,924$4,009
6 years$4,935$4,652$4,385$4,133$3,896$3,027
7 years$4,188$3,907$3,644$3,398$3,169$2,346
8 years$3,627$3,349$3,090$2,851$2,629$1,852
9 years$3,192$2,916$2,662$2,428$2,214$1,482
10 years$2,843$2,570$2,320$2,093$1,886$1,198
11 years$2,558$2,288$2,043$1,822$1,622$976
12 years$2,321$2,053$1,813$1,598$1,406$800
13 years$2,121$1,856$1,620$1,411$1,226$659
14 years$1,949$1,687$1,455$1,252$1,075$546
15 years$1,800$1,541$1,314$1,117$946$453
16 years$1,670$1,414$1,191$1,000$836$377
17 years$1,556$1,302$1,084$898$741$314
18 years$1,454$1,203$990$810$659$263
19 years$1,363$1,115$906$732$588$220
20 years$1,281$1,036$831$663$525$184
21 years$1,207$965$765$601$470$154
22 years$1,140$901$705$547$421$130
23 years$1,079$843$651$498$378$109
24 years$1,023$789$602$454$340$92
25 years$972$741$557$415$306$77
26 years$925$696$517$379$275$65
27 years$881$655$480$347$248$54
28 years$840$618$446$318$224$46
29 years$803$583$415$292$202$39
30 years$767$550$387$268$183$33
31 years$735$520$361$246$165$27
32 years$704$492$337$226$149$23
33 years$675$466$314$208$135$19
34 years$648$442$294$191$122$16
35 years$623$419$274$176$111$14
36 years$599$398$257$162$101$12
37 years$576$378$240$149$91$10
38 years$555$359$225$138$83$8
39 years$535$341$211$127$75$7
40 years$515$325$198$117$68$6
41 years$497$309$185$108$62$5
42 years$480$294$174$100$56$4
43 years$464$280$163$92$51$4
44 years$448$267$153$85$46$3
45 years$433$255$144$78$42$3
46 years$419$243$135$72$38$2
47 years$405$232$127$67$34$2
48 years$392$222$119$62$31$2
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 $4,724 every year, while hoping to spend $20,930 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: 54/30/16 Blend
44$377,000$377,000$377,000$377,000
45$420,327$400,346$394,502$440,986
46$440,931$397,693$385,449$452,954
47$462,935$394,210$375,390$463,342
48$486,460$389,831$364,272$474,179
49$511,638$384,492$352,034$485,514
50$538,614$378,122$338,616$497,401
51$567,548$370,645$323,955$509,902
52$598,614$361,983$307,984$523,083
53$632,004$352,051$290,632$537,021
54$667,928$340,761$271,828$551,802
55$706,617$328,018$251,495$567,520
56$748,325$313,725$229,553$584,283
57$793,331$297,774$205,919$602,209
58$841,940$280,054$180,508$621,431
59$894,490$260,449$153,227$642,098
60$951,350$238,833$123,982$664,375
61$1,012,928$215,076$92,675$688,446
62$1,079,669$189,037$59,202$714,517
63$1,152,065$160,570$23,455$742,816
64$1,230,657$129,519$0$773,597
65$1,316,040$95,722$0$809,651
66$1,408,867$59,003$0$853,221
67$1,509,859$19,181$0$900,669
68$1,619,806$0$0$952,406
69$1,739,579$0$0$1,016,787
70$1,870,138$0$0$1,093,900
71$2,012,538$0$0$1,178,041
72$2,167,939$0$0$1,269,901
73$2,337,620$0$0$1,370,238
74$2,522,987$0$0$1,479,890
75$2,725,591$0$0$1,599,779
76$2,947,135$0$0$1,730,917
77$3,189,499$0$0$1,874,422
78$3,454,748$0$0$2,031,524
79$3,745,161$0$0$2,203,577
80$4,063,244$0$0$2,392,071
81$4,411,758$0$0$2,598,649
82$4,793,743$0$0$2,825,120
83$5,212,548$0$0$3,073,475
84$5,671,861$0$0$3,345,908
85$6,175,744$0$0$3,644,836
86$6,728,673$0$0$3,972,921
87$7,335,574$0$0$4,333,094
88$8,001,878$0$0$4,728,585
89$8,733,564$0$0$5,162,951
90$9,537,220$0$0$5,640,113
91$10,420,104$0$0$6,164,388
92$11,390,209$0$0$6,740,531
93$12,456,343$0$0$7,373,783
94$13,628,210$0$0$8,069,918
95$14,916,499$0$0$8,835,294
96$16,332,986$0$0$9,676,919
97$17,890,648$0$0$10,602,513
98$19,603,781$0$0$11,620,582
99$21,488,133$0$0$12,740,498
100$23,561,060$0$0$13,972,586