Can I retire at age 45 with 383,000?

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 $383,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$31,628$31,346$31,071$30,803$30,541$30,399
2 years$15,657$15,366$15,083$14,809$14,543$14,401
3 years$10,335$10,042$9,760$9,488$9,227$9,087
4 years$7,674$7,382$7,103$6,836$6,581$6,445
5 years$6,078$5,787$5,512$5,251$5,003$4,872
6 years$5,014$4,726$4,454$4,199$3,958$3,832
7 years$4,254$3,969$3,702$3,452$3,219$3,098
8 years$3,685$3,402$3,139$2,896$2,671$2,554
9 years$3,242$2,962$2,704$2,467$2,249$2,137
10 years$2,888$2,611$2,357$2,126$1,916$1,809
11 years$2,599$2,324$2,075$1,851$1,648$1,546
12 years$2,358$2,086$1,842$1,623$1,428$1,330
13 years$2,154$1,885$1,646$1,433$1,245$1,152
14 years$1,980$1,714$1,479$1,272$1,092$1,003
15 years$1,829$1,565$1,335$1,134$961$877
16 years$1,697$1,436$1,210$1,016$850$769
17 years$1,580$1,323$1,101$913$753$677
18 years$1,477$1,222$1,005$823$670$597
19 years$1,385$1,133$920$743$597$528
20 years$1,302$1,053$845$673$533$468
21 years$1,227$981$777$611$477$416
22 years$1,159$915$716$555$428$369
23 years$1,096$856$661$506$384$329
24 years$1,040$802$611$461$345$293
25 years$987$753$566$421$311$262
26 years$939$707$525$385$280$234
27 years$895$666$488$353$252$209
28 years$854$627$453$323$228$187
29 years$815$592$422$296$205$167
30 years$780$559$393$272$186$150
31 years$746$528$366$250$168$134
32 years$715$500$342$230$152$120
33 years$686$473$319$211$137$108
34 years$658$449$298$194$124$97
35 years$633$426$279$179$113$87
36 years$608$404$261$165$102$78
37 years$585$384$244$152$93$70
38 years$564$365$229$140$84$63
39 years$543$347$214$129$76$57
40 years$524$330$201$119$69$51
41 years$505$314$188$110$63$46
42 years$488$299$177$101$57$41
43 years$471$285$166$93$52$37
44 years$455$272$156$86$47$33
45 years$440$259$146$80$42$30
46 years$426$247$137$74$39$27
47 years$412$236$129$68$35$24
48 years$399$225$121$63$32$22
49 years$386$215$114$58$29$20
50 years$374$205$107$54$26$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $383,000, adding $2,096 every year, while hoping to spend $24,192 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: 59/23/18 Blend
44$383,000$383,000$383,000$383,000
45$424,228$403,929$397,993$447,152
46$441,759$397,981$385,585$456,969
47$460,268$390,932$371,951$464,828
48$479,828$382,700$357,024$472,848
49$500,520$373,202$340,735$481,046
50$522,433$362,349$323,010$489,447
51$545,664$350,047$303,773$498,075
52$570,317$336,195$282,944$506,961
53$596,508$320,687$260,442$516,138
54$624,363$303,412$236,178$525,645
55$654,021$284,251$210,062$535,527
56$685,631$263,080$182,000$545,834
57$719,360$239,766$151,891$556,623
58$755,389$214,168$119,634$567,961
59$793,917$186,141$85,120$579,919
60$835,161$155,526$48,236$592,581
61$879,360$122,159$8,864$606,040
62$926,776$85,867$0$620,404
63$977,697$46,464$0$642,156
64$1,032,439$3,757$0$667,295
65$1,091,347$0$0$694,291
66$1,154,802$0$0$734,086
67$1,223,221$0$0$778,043
68$1,297,065$0$0$825,511
69$1,376,836$0$0$876,815
70$1,463,089$0$0$932,316
71$1,556,433$0$0$992,410
72$1,657,538$0$0$1,057,530
73$1,767,139$0$0$1,128,156
74$1,886,047$0$0$1,204,812
75$2,015,150$0$0$1,288,076
76$2,155,430$0$0$1,378,586
77$2,307,962$0$0$1,477,040
78$2,473,931$0$0$1,584,208
79$2,654,642$0$0$1,700,938
80$2,851,529$0$0$1,828,160
81$3,066,172$0$0$1,966,902
82$3,300,307$0$0$2,118,292
83$3,555,847$0$0$2,283,573
84$3,834,898$0$0$2,464,113
85$4,139,778$0$0$2,661,418
86$4,473,037$0$0$2,877,146
87$4,837,486$0$0$3,113,123
88$5,236,216$0$0$3,371,358
89$5,672,635$0$0$3,654,065
90$6,150,491$0$0$3,963,681
91$6,673,914$0$0$4,302,890
92$7,247,454$0$0$4,674,649
93$7,876,117$0$0$5,082,212
94$8,565,421$0$0$5,529,165
95$9,321,441$0$0$6,019,457
96$10,150,869$0$0$6,557,438
97$11,061,076$0$0$7,147,899
98$12,060,181$0$0$7,796,118
99$13,157,127$0$0$8,507,907
100$14,361,766$0$0$9,289,672