Can I retire at age 45 with 380,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$31,380$31,101$30,828$30,562$30,302$29,998
2 years$15,535$15,245$14,965$14,693$14,429$14,123
3 years$10,254$9,963$9,683$9,414$9,155$8,856
4 years$7,614$7,324$7,047$6,782$6,529$6,240
5 years$6,030$5,742$5,469$5,209$4,963$4,685
6 years$4,975$4,689$4,420$4,166$3,927$3,659
7 years$4,221$3,938$3,673$3,425$3,194$2,937
8 years$3,656$3,375$3,115$2,873$2,650$2,404
9 years$3,217$2,939$2,683$2,447$2,231$1,996
10 years$2,866$2,590$2,339$2,110$1,901$1,677
11 years$2,579$2,306$2,059$1,836$1,635$1,421
12 years$2,340$2,070$1,827$1,610$1,417$1,213
13 years$2,138$1,871$1,633$1,422$1,236$1,042
14 years$1,964$1,700$1,467$1,262$1,083$899
15 years$1,815$1,553$1,324$1,126$954$779
16 years$1,684$1,425$1,201$1,008$843$678
17 years$1,568$1,312$1,093$906$747$591
18 years$1,466$1,213$997$816$665$517
19 years$1,374$1,124$913$737$592$453
20 years$1,291$1,044$838$668$529$397
21 years$1,217$973$771$606$473$349
22 years$1,149$908$710$551$424$308
23 years$1,088$849$656$502$381$271
24 years$1,031$796$607$458$342$239
25 years$980$747$562$418$308$212
26 years$932$702$521$382$278$187
27 years$888$661$484$350$250$165
28 years$847$622$450$321$226$146
29 years$809$587$419$294$204$130
30 years$774$555$390$270$184$115
31 years$740$524$364$248$167$102
32 years$710$496$339$228$151$90
33 years$681$470$317$209$136$80
34 years$653$445$296$193$123$71
35 years$628$422$277$177$112$63
36 years$604$401$259$163$101$56
37 years$581$381$242$150$92$50
38 years$559$362$227$139$83$44
39 years$539$344$213$128$75$39
40 years$520$327$199$118$68$35
41 years$501$312$187$109$62$31
42 years$484$297$175$100$56$28
43 years$467$283$164$93$51$25
44 years$451$269$154$86$46$22
45 years$436$257$145$79$42$19
46 years$422$245$136$73$38$17
47 years$409$234$128$67$35$15
48 years$395$223$120$62$32$14
49 years$383$213$113$58$29$12
50 years$371$204$106$53$26$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $380,000, adding $5,070 every year, while hoping to spend $25,607 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: 51/19/30 Blend
44$380,000$380,000$380,000$380,000
45$423,990$403,850$397,960$441,796
46$439,991$396,393$384,046$447,307
47$456,766$387,712$368,807$450,341
48$474,367$377,721$352,173$453,148
49$492,850$366,327$334,069$455,717
50$512,277$353,433$314,416$458,039
51$532,713$338,935$293,133$460,105
52$554,232$322,725$270,135$461,910
53$576,912$304,686$245,333$463,445
54$600,839$284,698$218,633$464,706
55$626,106$262,630$189,939$465,691
56$652,816$238,346$159,149$466,397
57$681,081$211,702$126,158$466,826
58$711,021$182,546$90,854$466,982
59$742,770$150,715$53,123$466,872
60$776,472$116,040$12,842$466,505
61$812,288$78,342$0$465,897
62$850,390$37,429$0$474,716
63$890,969$0$0$488,350
64$934,233$0$0$504,203
65$980,410$0$0$529,499
66$1,029,750$0$0$556,551
67$1,082,526$0$0$585,514
68$1,139,040$0$0$616,555
69$1,199,620$0$0$649,858
70$1,264,628$0$0$685,627
71$1,334,461$0$0$724,083
72$1,409,552$0$0$765,469
73$1,490,381$0$0$810,055
74$1,577,471$0$0$858,133
75$1,671,399$0$0$910,026
76$1,772,798$0$0$966,091
77$1,882,364$0$0$1,026,716
78$2,000,861$0$0$1,092,330
79$2,129,129$0$0$1,163,406
80$2,268,092$0$0$1,240,460
81$2,418,766$0$0$1,324,062
82$2,582,268$0$0$1,414,841
83$2,759,825$0$0$1,513,483
84$2,952,790$0$0$1,620,749
85$3,162,647$0$0$1,737,472
86$3,391,034$0$0$1,864,570
87$3,639,749$0$0$2,003,053
88$3,910,772$0$0$2,154,032
89$4,206,281$0$0$2,318,732
90$4,528,676$0$0$2,498,498
91$4,880,596$0$0$2,694,813
92$5,264,947$0$0$2,909,308
93$5,684,927$0$0$3,143,779
94$6,144,058$0$0$3,400,206
95$6,646,218$0$0$3,680,764
96$7,195,674$0$0$3,987,851
97$7,797,129$0$0$4,324,109
98$8,455,759$0$0$4,692,444
99$9,177,264$0$0$5,096,058
100$9,967,921$0$0$5,538,478