Can I retire at age 45 with 385,000?

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 $385,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$31,793$31,510$31,233$30,964$30,700$30,355
2 years$15,739$15,446$15,162$14,886$14,619$14,271
3 years$10,388$10,094$9,811$9,538$9,275$8,935
4 years$7,714$7,420$7,140$6,872$6,615$6,286
5 years$6,109$5,818$5,541$5,278$5,029$4,712
6 years$5,040$4,750$4,478$4,221$3,979$3,675
7 years$4,277$3,989$3,721$3,470$3,236$2,945
8 years$3,704$3,420$3,156$2,911$2,685$2,406
9 years$3,259$2,977$2,718$2,480$2,261$1,994
10 years$2,904$2,624$2,370$2,137$1,926$1,672
11 years$2,613$2,336$2,086$1,860$1,657$1,415
12 years$2,370$2,097$1,851$1,632$1,436$1,205
13 years$2,166$1,895$1,654$1,440$1,252$1,033
14 years$1,990$1,723$1,486$1,279$1,097$890
15 years$1,838$1,574$1,342$1,140$966$770
16 years$1,706$1,444$1,217$1,021$854$668
17 years$1,589$1,330$1,107$917$757$581
18 years$1,485$1,229$1,011$827$673$507
19 years$1,392$1,139$925$747$600$443
20 years$1,308$1,058$849$677$536$388
21 years$1,233$986$781$614$480$341
22 years$1,165$920$720$558$430$299
23 years$1,102$861$665$508$386$263
24 years$1,045$806$615$464$347$232
25 years$993$757$569$424$312$204
26 years$944$711$528$387$281$180
27 years$900$669$490$354$254$159
28 years$858$631$456$325$229$141
29 years$820$595$424$298$207$124
30 years$784$562$395$273$187$110
31 years$750$531$368$251$169$97
32 years$719$503$344$231$153$86
33 years$689$476$321$212$138$76
34 years$662$451$300$195$125$67
35 years$636$428$280$180$113$60
36 years$611$406$262$165$103$53
37 years$588$386$245$152$93$47
38 years$567$367$230$141$84$41
39 years$546$349$215$130$76$37
40 years$526$332$202$120$69$33
41 years$508$316$189$110$63$29
42 years$490$301$178$102$57$26
43 years$473$286$167$94$52$23
44 years$457$273$156$87$47$20
45 years$442$260$147$80$43$18
46 years$428$248$138$74$39$16
47 years$414$237$130$68$35$14
48 years$401$226$122$63$32$12
49 years$388$216$114$58$29$11
50 years$376$206$108$54$26$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $385,000, adding $4,831 every year, while hoping to spend $30,369 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: 66/15/19 Blend
44$385,000$385,000$385,000$385,000
45$429,253$408,848$402,881$455,245
46$440,725$396,569$384,065$460,983
47$452,348$382,671$363,601$463,315
48$464,108$367,042$341,401$465,134
49$475,984$349,564$317,375$466,391
50$487,954$330,112$291,427$467,032
51$499,993$308,555$263,457$466,997
52$512,071$284,753$233,362$466,223
53$524,155$258,559$201,033$464,642
54$536,207$229,817$166,356$462,178
55$548,184$198,362$129,212$458,752
56$560,037$164,020$89,479$454,276
57$571,711$126,607$47,027$448,656
58$583,145$85,930$1,721$441,791
59$594,267$41,782$0$433,569
60$605,001$0$0$433,324
61$615,259$0$0$433,460
62$624,942$0$0$440,060
63$633,940$0$0$446,150
64$642,133$0$0$451,638
65$649,382$0$0$456,425
66$655,535$0$0$460,401
67$660,424$0$0$463,440
68$663,859$0$0$465,406
69$665,631$0$0$466,146
70$665,506$0$0$465,489
71$663,226$0$0$463,246
72$658,504$0$0$459,209
73$651,020$0$0$453,144
74$640,421$0$0$444,794
75$626,315$0$0$433,873
76$608,269$0$0$420,065
77$585,801$0$0$403,020
78$558,379$0$0$382,350
79$525,414$0$0$357,625
80$486,255$0$0$328,371
81$440,179$0$0$294,063
82$386,390$0$0$254,119
83$324,006$0$0$207,898
84$252,052$0$0$154,690
85$169,451$0$0$93,711
86$75,013$0$0$24,094
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0