Can I retire at age 45 with 387,000?

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 $387,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$31,958$31,673$31,396$31,125$30,860$29,682
2 years$15,821$15,526$15,241$14,964$14,695$13,523
3 years$10,442$10,147$9,862$9,587$9,323$8,193
4 years$7,754$7,459$7,177$6,907$6,649$5,569
5 years$6,141$5,848$5,569$5,305$5,055$4,028
6 years$5,066$4,775$4,501$4,243$4,000$3,027
7 years$4,299$4,010$3,740$3,488$3,253$2,334
8 years$3,723$3,437$3,172$2,926$2,699$1,833
9 years$3,276$2,993$2,732$2,492$2,273$1,458
10 years$2,919$2,638$2,382$2,149$1,936$1,172
11 years$2,626$2,349$2,097$1,870$1,665$949
12 years$2,383$2,108$1,861$1,640$1,443$774
13 years$2,177$1,905$1,663$1,448$1,258$634
14 years$2,001$1,732$1,494$1,285$1,103$521
15 years$1,848$1,582$1,349$1,146$971$430
16 years$1,715$1,451$1,223$1,026$858$355
17 years$1,597$1,337$1,113$922$761$294
18 years$1,493$1,235$1,016$831$677$244
19 years$1,399$1,145$930$751$603$203
20 years$1,315$1,064$853$680$539$169
21 years$1,239$991$785$617$482$141
22 years$1,171$925$724$561$432$117
23 years$1,108$865$668$511$388$98
24 years$1,050$810$618$466$349$82
25 years$998$761$572$426$314$68
26 years$949$715$531$389$283$57
27 years$904$673$493$356$255$48
28 years$863$634$458$326$230$40
29 years$824$598$426$299$208$33
30 years$788$565$397$275$188$28
31 years$754$534$370$252$170$23
32 years$723$505$345$232$153$19
33 years$693$478$323$213$139$16
34 years$665$453$301$196$126$14
35 years$639$430$282$181$114$11
36 years$615$408$264$166$103$10
37 years$591$388$247$153$94$8
38 years$570$368$231$141$85$7
39 years$549$350$216$130$77$6
40 years$529$333$203$120$70$5
41 years$510$317$190$111$63$4
42 years$493$302$178$102$57$3
43 years$476$288$167$94$52$3
44 years$460$274$157$87$47$2
45 years$445$262$148$81$43$2
46 years$430$250$139$74$39$2
47 years$416$238$130$69$35$1
48 years$403$227$122$64$32$1
49 years$390$217$115$59$29$1
50 years$378$207$108$54$27$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $387,000, adding $3,483 every year, while hoping to spend $20,203 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: 64/26/10 Blend
44$387,000$387,000$387,000$387,000
45$430,067$409,556$403,557$456,435
46$452,438$408,128$395,581$473,040
47$476,413$405,953$386,660$488,490
48$502,136$402,974$376,741$504,851
49$529,762$399,128$365,770$522,211
50$559,463$394,350$353,689$540,667
51$591,427$388,571$340,436$560,327
52$625,860$381,719$325,948$581,310
53$662,990$373,716$310,159$603,749
54$703,066$364,479$293,000$627,789
55$746,361$353,921$274,399$653,594
56$793,178$341,951$254,279$681,341
57$843,847$328,471$232,562$711,231
58$898,731$313,379$209,165$743,483
59$958,232$296,564$184,002$778,341
60$1,022,788$277,912$156,983$816,074
61$1,092,883$257,301$128,013$856,980
62$1,169,050$234,601$96,994$901,390
63$1,251,874$209,677$63,824$949,669
64$1,341,999$182,385$28,396$1,002,220
65$1,440,133$152,572$0$1,059,491
66$1,547,056$120,078$0$1,122,979
67$1,663,626$84,732$0$1,195,526
68$1,790,787$46,356$0$1,274,715
69$1,929,580$4,759$0$1,361,228
70$2,081,147$0$0$1,455,817
71$2,246,749$0$0$1,570,831
72$2,427,772$0$0$1,698,070
73$2,625,743$0$0$1,837,248
74$2,842,343$0$0$1,989,550
75$3,079,422$0$0$2,156,282
76$3,339,018$0$0$2,338,879
77$3,623,377$0$0$2,538,926
78$3,934,969$0$0$2,758,164
79$4,276,517$0$0$2,998,512
80$4,651,019$0$0$3,262,085
81$5,061,776$0$0$3,551,211
82$5,512,425$0$0$3,868,454
83$6,006,972$0$0$4,216,639
84$6,549,831$0$0$4,598,877
85$7,145,860$0$0$5,018,597
86$7,800,415$0$0$5,479,572
87$8,519,393$0$0$5,985,963
88$9,309,292$0$0$6,542,351
89$10,177,269$0$0$7,153,784
90$11,131,211$0$0$7,825,823
91$12,179,804$0$0$8,564,594
92$13,332,621$0$0$9,376,846
93$14,600,204$0$0$10,270,016
94$15,994,172$0$0$11,252,297
95$17,527,324$0$0$12,332,714
96$19,213,763$0$0$13,521,214
97$21,069,027$0$0$14,828,753
98$23,110,234$0$0$16,267,405
99$25,356,247$0$0$17,850,472
100$27,827,850$0$0$19,592,612