Can I retire at age 45 with 379,000?

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 $379,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$31,297$31,019$30,747$30,481$30,222$29,467
2 years$15,494$15,205$14,926$14,654$14,391$13,636
3 years$10,227$9,937$9,658$9,389$9,131$8,398
4 years$7,594$7,305$7,028$6,764$6,512$5,808
5 years$6,014$5,727$5,454$5,196$4,950$4,276
6 years$4,961$4,676$4,408$4,155$3,917$3,274
7 years$4,210$3,927$3,663$3,416$3,186$2,574
8 years$3,646$3,366$3,107$2,866$2,643$2,062
9 years$3,208$2,931$2,676$2,441$2,226$1,675
10 years$2,858$2,584$2,333$2,104$1,896$1,375
11 years$2,572$2,300$2,054$1,831$1,631$1,139
12 years$2,334$2,064$1,823$1,606$1,413$949
13 years$2,132$1,866$1,628$1,418$1,232$796
14 years$1,959$1,696$1,463$1,259$1,080$670
15 years$1,810$1,549$1,321$1,123$951$566
16 years$1,679$1,421$1,198$1,005$841$479
17 years$1,564$1,309$1,090$903$745$407
18 years$1,462$1,210$995$814$663$347
19 years$1,370$1,121$911$735$591$296
20 years$1,288$1,042$836$666$528$252
21 years$1,214$970$769$605$472$216
22 years$1,146$906$709$550$423$185
23 years$1,085$847$654$501$380$158
24 years$1,029$794$605$457$342$136
25 years$977$745$560$417$307$116
26 years$930$700$520$381$277$100
27 years$886$659$483$349$250$86
28 years$845$621$449$320$225$74
29 years$807$586$418$293$203$63
30 years$771$553$389$269$184$54
31 years$739$523$363$247$166$47
32 years$708$495$338$227$150$40
33 years$679$468$316$209$136$35
34 years$652$444$295$192$123$30
35 years$626$421$276$177$112$26
36 years$602$400$258$163$101$22
37 years$579$380$242$150$92$19
38 years$558$361$226$138$83$16
39 years$537$343$212$128$75$14
40 years$518$326$199$118$68$12
41 years$500$311$186$109$62$10
42 years$483$296$175$100$56$9
43 years$466$282$164$92$51$8
44 years$450$269$154$85$46$7
45 years$435$256$145$79$42$6
46 years$421$244$136$73$38$5
47 years$407$233$128$67$35$4
48 years$394$223$120$62$31$4
49 years$382$213$113$57$29$3
50 years$370$203$106$53$26$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $379,000, adding $4,898 every year, while hoping to spend $23,174 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: 67/22/11 Blend
44$379,000$379,000$379,000$379,000
45$422,710$402,623$396,749$449,707
46$441,170$397,695$385,383$463,367
47$460,735$391,748$372,860$475,082
48$481,496$384,709$359,116$487,289
49$503,547$376,499$344,085$500,035
50$526,995$367,033$327,698$513,371
51$551,956$356,225$309,883$527,354
52$578,555$343,980$290,564$542,046
53$606,933$330,200$269,663$557,519
54$637,239$314,779$247,096$573,852
55$669,642$297,608$222,778$591,131
56$704,323$278,568$196,618$609,454
57$741,482$257,536$168,523$628,930
58$781,339$234,381$138,394$649,680
59$824,134$208,964$106,129$671,837
60$870,132$181,140$71,621$695,551
61$919,623$150,753$34,758$720,988
62$972,926$117,641$0$748,332
63$1,030,389$81,631$0$778,326
64$1,092,398$42,540$0$815,048
65$1,159,374$176$0$854,680
66$1,231,782$0$0$897,520
67$1,310,131$0$0$954,947
68$1,394,982$0$0$1,017,207
69$1,486,951$0$0$1,084,709
70$1,586,716$0$0$1,157,955
71$1,695,022$0$0$1,237,494
72$1,812,689$0$0$1,323,930
73$1,940,618$0$0$1,417,930
74$2,079,802$0$0$1,520,226
75$2,231,331$0$0$1,631,622
76$2,396,407$0$0$1,753,004
77$2,576,352$0$0$1,885,349
78$2,772,619$0$0$2,029,730
79$2,986,810$0$0$2,187,328
80$3,220,688$0$0$2,359,443
81$3,476,191$0$0$2,547,508
82$3,755,456$0$0$2,753,099
83$4,060,834$0$0$2,977,951
84$4,394,914$0$0$3,223,975
85$4,760,546$0$0$3,493,275
86$5,160,869$0$0$3,788,169
87$5,599,339$0$0$4,111,206
88$6,079,763$0$0$4,465,198
89$6,606,334$0$0$4,853,238
90$7,183,667$0$0$5,278,735
91$7,816,848$0$0$5,745,442
92$8,511,477$0$0$6,257,494
93$9,273,724$0$0$6,819,445
94$10,110,383$0$0$7,436,311
95$11,028,940$0$0$8,113,618
96$12,037,640$0$0$8,857,453
97$13,145,565$0$0$9,674,520
98$14,362,721$0$0$10,572,207
99$15,700,131$0$0$11,558,650
100$17,169,938$0$0$12,642,816