Can I retire at age 45 with 386,000?

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 $386,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$31,876$31,592$31,315$31,044$30,780$29,771
2 years$15,780$15,486$15,201$14,925$14,657$13,650
3 years$10,415$10,120$9,836$9,563$9,299$8,326
4 years$7,734$7,440$7,158$6,889$6,632$5,700
5 years$6,125$5,833$5,555$5,292$5,042$4,153
6 years$5,053$4,763$4,489$4,232$3,989$3,145
7 years$4,288$4,000$3,731$3,479$3,244$2,444
8 years$3,714$3,429$3,164$2,919$2,692$1,935
9 years$3,268$2,985$2,725$2,486$2,267$1,553
10 years$2,911$2,631$2,376$2,143$1,931$1,259
11 years$2,619$2,342$2,092$1,865$1,661$1,030
12 years$2,377$2,102$1,856$1,636$1,439$847
13 years$2,171$1,900$1,658$1,444$1,255$700
14 years$1,995$1,727$1,490$1,282$1,100$581
15 years$1,843$1,578$1,345$1,143$969$484
16 years$1,710$1,448$1,220$1,024$856$404
17 years$1,593$1,333$1,110$920$759$339
18 years$1,489$1,232$1,013$829$675$284
19 years$1,396$1,142$928$749$602$239
20 years$1,312$1,061$851$678$537$201
21 years$1,236$988$783$616$481$169
22 years$1,168$922$722$560$431$142
23 years$1,105$863$666$510$387$120
24 years$1,048$808$616$465$348$101
25 years$995$759$571$425$313$86
26 years$947$713$529$388$282$72
27 years$902$671$492$355$254$61
28 years$860$632$457$326$229$52
29 years$822$596$425$299$207$44
30 years$786$563$396$274$187$37
31 years$752$532$369$252$169$31
32 years$721$504$345$231$153$26
33 years$691$477$322$213$138$22
34 years$664$452$301$196$125$19
35 years$638$429$281$180$114$16
36 years$613$407$263$166$103$14
37 years$590$387$246$153$93$11
38 years$568$367$230$141$85$10
39 years$547$349$216$130$77$8
40 years$528$332$202$120$70$7
41 years$509$316$190$111$63$6
42 years$491$301$178$102$57$5
43 years$475$287$167$94$52$4
44 years$459$274$157$87$47$4
45 years$443$261$147$80$43$3
46 years$429$249$138$74$39$3
47 years$415$238$130$69$35$2
48 years$402$227$122$63$32$2
49 years$389$217$115$59$29$2
50 years$377$207$108$54$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $386,000, adding $2,926 every year, while hoping to spend $23,096 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: 51/33/16 Blend
44$386,000$386,000$386,000$386,000
45$428,390$407,932$401,949$448,222
46$447,512$403,347$390,841$457,574
47$467,810$397,763$378,586$465,080
48$489,380$391,107$365,122$472,731
49$512,327$383,301$350,383$480,548
50$536,765$374,263$334,301$488,557
51$562,819$363,906$316,804$496,786
52$590,626$352,137$297,817$505,267
53$620,338$338,860$277,262$514,039
54$652,118$323,970$255,056$523,144
55$686,148$307,358$231,114$532,633
56$722,626$288,909$205,347$542,563
57$761,768$268,501$177,661$552,996
58$803,815$246,003$147,959$564,008
59$849,027$221,281$116,139$575,681
60$897,693$194,188$82,094$588,108
61$950,127$164,573$45,714$601,398
62$1,006,677$132,274$6,883$615,669
63$1,067,724$97,121$0$631,056
64$1,133,685$58,934$0$653,612
65$1,205,023$17,523$0$679,246
66$1,282,241$0$0$706,995
67$1,365,896$0$0$747,017
68$1,456,599$0$0$797,344
69$1,555,023$0$0$851,989
70$1,661,906$0$0$911,368
71$1,778,062$0$0$975,936
72$1,904,384$0$0$1,046,196
73$2,041,858$0$0$1,122,699
74$2,191,566$0$0$1,206,055
75$2,354,699$0$0$1,296,931
76$2,532,569$0$0$1,396,064
77$2,726,619$0$0$1,504,265
78$2,938,438$0$0$1,622,424
79$3,169,774$0$0$1,751,525
80$3,422,552$0$0$1,892,648
81$3,698,891$0$0$2,046,983
82$4,001,125$0$0$2,215,841
83$4,331,823$0$0$2,400,664
84$4,693,813$0$0$2,603,042
85$5,090,211$0$0$2,824,723
86$5,524,447$0$0$3,067,636
87$6,000,298$0$0$3,333,902
88$6,521,925$0$0$3,625,858
89$7,093,911$0$0$3,946,078
90$7,721,302$0$0$4,297,397
91$8,409,656$0$0$4,682,940
92$9,165,098$0$0$5,106,144
93$9,994,371$0$0$5,570,800
94$10,904,904$0$0$6,081,081
95$11,904,881$0$0$6,641,586
96$13,003,318$0$0$7,257,380
97$14,210,146$0$0$7,934,043
98$15,536,306$0$0$8,677,723
99$16,993,851$0$0$9,495,191
100$18,596,060$0$0$10,393,911