Can I retire at age 45 with 384,000?

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 $384,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$31,710$31,428$31,152$30,883$30,621$30,288
2 years$15,698$15,406$15,122$14,848$14,581$14,247
3 years$10,362$10,068$9,785$9,513$9,251$8,924
4 years$7,694$7,401$7,121$6,854$6,598$6,282
5 years$6,093$5,802$5,526$5,264$5,016$4,711
6 years$5,027$4,738$4,466$4,210$3,969$3,676
7 years$4,265$3,979$3,711$3,461$3,228$2,947
8 years$3,695$3,411$3,148$2,903$2,678$2,409
9 years$3,251$2,970$2,711$2,473$2,255$1,998
10 years$2,896$2,618$2,363$2,132$1,921$1,677
11 years$2,606$2,330$2,081$1,855$1,652$1,419
12 years$2,364$2,092$1,847$1,627$1,432$1,210
13 years$2,160$1,890$1,650$1,437$1,249$1,038
14 years$1,985$1,718$1,482$1,275$1,095$894
15 years$1,834$1,570$1,338$1,137$964$774
16 years$1,701$1,440$1,213$1,018$852$672
17 years$1,585$1,326$1,104$915$755$585
18 years$1,481$1,225$1,008$825$672$511
19 years$1,388$1,136$923$745$599$447
20 years$1,305$1,055$847$675$535$392
21 years$1,230$983$779$612$478$344
22 years$1,162$918$718$557$429$303
23 years$1,099$858$663$507$385$266
24 years$1,042$804$613$463$346$235
25 years$990$755$568$422$311$207
26 years$942$709$527$386$280$183
27 years$897$667$489$354$253$161
28 years$856$629$455$324$228$143
29 years$817$593$423$297$206$126
30 years$782$560$394$273$186$112
31 years$748$530$367$250$168$99
32 years$717$501$343$230$152$88
33 years$688$475$320$212$138$78
34 years$660$450$299$195$125$69
35 years$634$427$280$179$113$61
36 years$610$405$262$165$102$54
37 years$587$385$245$152$93$48
38 years$565$366$229$140$84$42
39 years$545$348$215$129$76$38
40 years$525$331$201$119$69$33
41 years$506$315$189$110$63$30
42 years$489$300$177$102$57$26
43 years$472$286$166$94$52$23
44 years$456$272$156$87$47$21
45 years$441$260$146$80$43$18
46 years$427$248$138$74$39$16
47 years$413$236$129$68$35$14
48 years$400$226$121$63$32$13
49 years$387$216$114$58$29$11
50 years$375$206$107$54$26$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $384,000, adding $5,025 every year, while hoping to spend $25,853 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$384,000$384,000$384,000$384,000
45$428,351$407,999$402,047$451,335
46$444,536$400,484$388,008$459,965
47$461,504$391,734$372,633$466,094
48$479,310$381,661$355,848$472,187
49$498,010$370,173$337,580$478,247
50$517,667$357,171$317,748$484,275
51$538,347$342,551$296,271$490,274
52$560,126$326,202$273,063$496,250
53$583,081$308,009$248,034$502,211
54$607,302$287,848$221,089$508,165
55$632,883$265,589$192,132$514,126
56$659,927$241,093$161,058$520,108
57$688,549$214,215$127,763$526,130
58$718,871$184,802$92,133$532,214
59$751,029$152,690$54,052$538,388
60$785,170$117,708$13,399$544,684
61$821,456$79,675$0$551,139
62$860,063$38,398$0$563,556
63$901,185$0$0$579,348
64$945,034$0$0$597,625
65$991,841$0$0$627,529
66$1,041,860$0$0$659,504
67$1,095,370$0$0$693,731
68$1,152,675$0$0$730,409
69$1,214,112$0$0$769,754
70$1,280,047$0$0$812,005
71$1,350,884$0$0$857,424
72$1,427,064$0$0$906,296
73$1,509,075$0$0$958,939
74$1,597,448$0$0$1,015,697
75$1,692,770$0$0$1,076,952
76$1,795,686$0$0$1,143,120
77$1,906,902$0$0$1,214,662
78$2,027,195$0$0$1,292,081
79$2,157,421$0$0$1,375,934
80$2,298,519$0$0$1,466,829
81$2,451,521$0$0$1,565,438
82$2,617,564$0$0$1,672,499
83$2,797,897$0$0$1,788,822
84$2,993,894$0$0$1,915,301
85$3,207,068$0$0$2,052,917
86$3,439,080$0$0$2,202,750
87$3,691,762$0$0$2,365,991
88$3,967,127$0$0$2,543,947
89$4,267,392$0$0$2,738,058
90$4,594,996$0$0$2,949,909
91$4,952,624$0$0$3,181,245
92$5,343,231$0$0$3,433,986
93$5,770,072$0$0$3,710,247
94$6,236,728$0$0$4,012,356
95$6,747,143$0$0$4,342,874
96$7,305,660$0$0$4,704,626
97$7,917,061$0$0$5,100,717
98$8,586,611$0$0$5,534,571
99$9,320,108$0$0$6,009,955
100$10,123,938$0$0$6,531,021