Can I retire at age 45 with 382,000?

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 $382,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$31,545$31,264$30,990$30,722$30,461$30,282
2 years$15,616$15,326$15,044$14,770$14,505$14,324
3 years$10,308$10,015$9,734$9,464$9,203$9,026
4 years$7,654$7,362$7,084$6,818$6,564$6,392
5 years$6,062$5,772$5,498$5,237$4,989$4,824
6 years$5,001$4,713$4,443$4,188$3,948$3,788
7 years$4,243$3,958$3,692$3,443$3,211$3,057
8 years$3,675$3,393$3,131$2,888$2,664$2,516
9 years$3,234$2,954$2,697$2,460$2,243$2,102
10 years$2,881$2,604$2,351$2,121$1,911$1,776
11 years$2,592$2,318$2,070$1,846$1,644$1,515
12 years$2,352$2,081$1,837$1,619$1,424$1,301
13 years$2,149$1,880$1,641$1,429$1,242$1,125
14 years$1,975$1,709$1,475$1,269$1,089$977
15 years$1,824$1,561$1,331$1,131$959$852
16 years$1,692$1,433$1,207$1,013$847$746
17 years$1,576$1,319$1,098$910$751$655
18 years$1,473$1,219$1,003$820$668$577
19 years$1,381$1,130$918$741$595$509
20 years$1,298$1,050$842$671$532$450
21 years$1,223$978$775$609$476$399
22 years$1,156$913$714$554$427$354
23 years$1,094$854$659$505$383$314
24 years$1,037$800$610$460$344$280
25 years$985$751$565$420$310$249
26 years$937$706$524$384$279$222
27 years$893$664$486$352$252$198
28 years$851$626$452$322$227$177
29 years$813$590$421$296$205$158
30 years$778$557$392$271$185$141
31 years$744$527$365$249$167$126
32 years$713$499$341$229$151$113
33 years$684$472$318$210$137$101
34 years$657$448$297$194$124$90
35 years$631$424$278$178$112$81
36 years$607$403$260$164$102$72
37 years$584$383$244$151$92$65
38 years$562$364$228$139$84$58
39 years$542$346$214$129$76$52
40 years$522$329$200$119$69$47
41 years$504$313$188$109$62$42
42 years$486$298$176$101$57$37
43 years$470$284$165$93$51$34
44 years$454$271$155$86$47$30
45 years$439$258$146$79$42$27
46 years$424$246$137$73$38$24
47 years$411$235$129$68$35$22
48 years$398$224$121$63$32$20
49 years$385$214$114$58$29$17
50 years$373$205$107$54$26$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $382,000, adding $6,218 every year, while hoping to spend $23,044 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: 78/8/14 Blend
44$382,000$382,000$382,000$382,000
45$427,378$407,132$401,211$459,009
46$446,452$402,563$390,133$476,145
47$466,699$396,997$377,911$491,382
48$488,215$390,363$364,484$507,446
49$511,103$382,581$349,784$524,413
50$535,478$373,570$333,745$542,363
51$561,466$363,244$316,294$561,386
52$589,202$351,510$297,357$581,582
53$618,837$338,270$276,855$603,059
54$650,535$323,422$254,706$625,940
55$684,477$306,857$230,826$650,356
56$720,860$288,459$205,124$676,457
57$759,900$268,106$177,509$704,404
58$801,836$245,669$147,882$734,377
59$846,929$221,013$116,142$766,574
60$895,466$193,993$82,183$801,215
61$947,762$164,456$45,893$838,542
62$1,004,161$132,243$7,159$878,821
63$1,065,045$97,182$0$922,348
64$1,130,830$59,094$0$974,554
65$1,201,976$17,791$0$1,032,166
66$1,278,987$0$0$1,094,529
67$1,362,416$0$0$1,164,474
68$1,452,874$0$0$1,242,020
69$1,551,030$0$0$1,326,176
70$1,657,622$0$0$1,417,577
71$1,773,461$0$0$1,516,919
72$1,899,439$0$0$1,624,969
73$2,036,536$0$0$1,742,569
74$2,185,832$0$0$1,870,648
75$2,348,517$0$0$2,010,227
76$2,525,897$0$0$2,162,429
77$2,719,411$0$0$2,328,491
78$2,930,644$0$0$2,509,774
79$3,161,339$0$0$2,707,778
80$3,413,415$0$0$2,924,151
81$3,688,986$0$0$3,160,709
82$3,990,379$0$0$3,419,453
83$4,320,155$0$0$3,702,584
84$4,681,134$0$0$4,012,526
85$5,076,424$0$0$4,351,949
86$5,509,445$0$0$4,723,793
87$5,983,964$0$0$5,131,295
88$6,504,128$0$0$5,578,021
89$7,074,509$0$0$6,067,898
90$7,700,137$0$0$6,605,251
91$8,386,556$0$0$7,194,845
92$9,139,872$0$0$7,841,928
93$9,966,809$0$0$8,552,278
94$10,874,776$0$0$9,332,264
95$11,871,934$0$0$10,188,900
96$12,967,271$0$0$11,129,913
97$14,170,691$0$0$12,163,813
98$15,493,104$0$0$13,299,979
99$16,946,529$0$0$14,548,741
100$18,544,207$0$0$15,921,479