Can I retire at age 45 with 378,000?

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 $378,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$31,215$30,937$30,666$30,401$30,142$29,497
2 years$15,453$15,165$14,886$14,616$14,353$13,707
3 years$10,200$9,911$9,632$9,364$9,106$8,478
4 years$7,573$7,285$7,010$6,747$6,495$5,890
5 years$5,998$5,712$5,440$5,182$4,937$4,358
6 years$4,948$4,664$4,396$4,144$3,907$3,353
7 years$4,199$3,917$3,653$3,407$3,177$2,649
8 years$3,637$3,358$3,098$2,858$2,636$2,133
9 years$3,200$2,923$2,669$2,434$2,220$1,742
10 years$2,851$2,577$2,327$2,099$1,891$1,439
11 years$2,565$2,294$2,048$1,826$1,627$1,198
12 years$2,327$2,059$1,818$1,602$1,410$1,005
13 years$2,126$1,861$1,624$1,414$1,229$847
14 years$1,954$1,691$1,459$1,255$1,077$717
15 years$1,805$1,545$1,317$1,120$949$610
16 years$1,675$1,418$1,194$1,003$838$520
17 years$1,560$1,305$1,087$901$743$445
18 years$1,458$1,206$992$812$661$381
19 years$1,367$1,118$908$733$589$327
20 years$1,285$1,039$834$664$526$281
21 years$1,211$968$767$603$471$242
22 years$1,143$903$707$548$422$209
23 years$1,082$845$653$499$379$180
24 years$1,026$792$603$455$341$155
25 years$975$743$559$416$306$134
26 years$927$698$518$380$276$116
27 years$883$657$481$348$249$100
28 years$842$619$447$319$225$87
29 years$805$584$416$292$203$75
30 years$769$552$388$268$183$65
31 years$737$521$362$246$166$56
32 years$706$493$337$227$150$49
33 years$677$467$315$208$136$42
34 years$650$443$294$192$123$37
35 years$624$420$275$176$111$32
36 years$600$399$257$162$101$28
37 years$578$379$241$150$91$24
38 years$556$360$226$138$83$21
39 years$536$342$211$127$75$18
40 years$517$326$198$117$68$16
41 years$499$310$186$108$62$14
42 years$481$295$174$100$56$12
43 years$465$281$164$92$51$10
44 years$449$268$154$85$46$9
45 years$434$256$144$79$42$8
46 years$420$244$135$73$38$7
47 years$406$233$127$67$35$6
48 years$393$222$120$62$31$5
49 years$381$212$112$57$29$4
50 years$369$203$106$53$26$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $378,000, adding $3,615 every year, while hoping to spend $21,835 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: 78/7/15 Blend
44$378,000$378,000$378,000$378,000
45$420,285$400,251$394,392$451,463
46$439,922$396,631$384,372$468,896
47$460,830$392,102$373,284$484,880
48$483,115$386,596$361,070$501,805
49$506,895$380,041$347,668$519,755
50$532,298$372,363$333,015$538,825
51$559,463$363,479$317,041$559,119
52$588,544$353,306$299,678$580,753
53$619,711$341,752$280,852$603,853
54$653,147$328,724$260,486$628,559
55$689,055$314,119$238,500$655,027
56$727,659$297,831$214,810$683,425
57$769,202$279,746$189,328$713,944
58$813,954$259,747$161,963$746,790
59$862,208$237,706$132,620$782,194
60$914,289$213,489$101,199$820,408
61$970,553$186,956$67,595$861,711
62$1,031,390$157,958$31,700$906,413
63$1,097,230$126,336$0$954,853
64$1,168,547$91,926$0$1,008,465
65$1,245,858$54,550$0$1,072,089
66$1,329,737$14,024$0$1,141,123
67$1,420,810$0$0$1,216,093
68$1,519,769$0$0$1,299,877
69$1,627,374$0$0$1,392,167
70$1,744,461$0$0$1,492,600
71$1,871,950$0$0$1,601,969
72$2,010,854$0$0$1,721,142
73$2,162,288$0$0$1,851,078
74$2,327,477$0$0$1,992,831
75$2,507,771$0$0$2,147,560
76$2,704,657$0$0$2,316,542
77$2,919,769$0$0$2,501,183
78$3,154,909$0$0$2,703,031
79$3,412,058$0$0$2,923,789
80$3,693,400$0$0$3,165,334
81$4,001,339$0$0$3,429,730
82$4,338,520$0$0$3,719,254
83$4,707,859$0$0$4,036,409
84$5,112,565$0$0$4,383,954
85$5,556,173$0$0$4,764,927
86$6,042,576$0$0$5,182,675
87$6,576,061$0$0$5,640,883
88$7,161,352$0$0$6,143,609
89$7,803,651$0$0$6,695,325
90$8,508,687$0$0$7,300,955
91$9,282,772$0$0$7,965,926
92$10,132,859$0$0$8,696,212
93$11,066,607$0$0$9,498,396
94$12,092,453$0$0$10,379,731
95$13,219,694$0$0$11,348,206
96$14,458,567$0$0$12,412,623
97$15,820,356$0$0$13,582,677
98$17,317,487$0$0$14,869,052
99$18,963,655$0$0$16,283,517
100$20,773,946$0$0$17,839,038