Can I retire at age 45 with 390,000?

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 $390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$32,206$31,919$31,639$31,366$31,099$30,597
2 years$15,943$15,647$15,359$15,080$14,809$14,304
3 years$10,523$10,225$9,938$9,662$9,396$8,904
4 years$7,814$7,517$7,232$6,961$6,701$6,226
5 years$6,189$5,893$5,613$5,347$5,094$4,638
6 years$5,105$4,812$4,536$4,276$4,031$3,594
7 years$4,332$4,041$3,769$3,515$3,278$2,860
8 years$3,752$3,464$3,197$2,949$2,719$2,321
9 years$3,302$3,016$2,753$2,512$2,290$1,910
10 years$2,941$2,659$2,400$2,165$1,951$1,590
11 years$2,647$2,367$2,113$1,884$1,678$1,335
12 years$2,401$2,124$1,875$1,653$1,454$1,129
13 years$2,194$1,920$1,676$1,459$1,268$960
14 years$2,016$1,745$1,506$1,295$1,112$820
15 years$1,862$1,594$1,359$1,155$979$704
16 years$1,728$1,463$1,232$1,034$865$606
17 years$1,609$1,347$1,121$929$767$523
18 years$1,504$1,245$1,024$838$682$452
19 years$1,410$1,154$937$757$608$392
20 years$1,325$1,072$860$685$543$340
21 years$1,249$998$791$622$486$296
22 years$1,180$932$729$566$436$257
23 years$1,117$872$673$515$391$224
24 years$1,059$817$623$470$351$196
25 years$1,005$766$577$429$316$171
26 years$956$720$535$392$285$149
27 years$911$678$497$359$257$131
28 years$869$639$462$329$232$114
29 years$830$603$430$302$209$100
30 years$794$569$400$277$189$87
31 years$760$538$373$254$171$77
32 years$728$509$348$234$155$67
33 years$698$482$325$215$140$59
34 years$670$457$304$198$127$52
35 years$644$433$284$182$115$45
36 years$619$411$266$168$104$40
37 years$596$391$249$154$94$35
38 years$574$371$233$142$85$30
39 years$553$353$218$131$77$27
40 years$533$336$204$121$70$23
41 years$514$320$192$112$64$21
42 years$497$305$180$103$58$18
43 years$480$290$169$95$52$16
44 years$463$277$158$88$48$14
45 years$448$264$149$81$43$12
46 years$433$252$140$75$39$11
47 years$419$240$131$69$36$9
48 years$406$229$123$64$32$8
49 years$393$219$116$59$29$7
50 years$381$209$109$55$27$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $390,000, adding $3,796 every year, while hoping to spend $25,625 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: 42/48/10 Blend
44$390,000$390,000$390,000$390,000
45$433,696$413,026$406,981$450,487
46$450,668$405,999$393,350$455,569
47$468,512$397,769$378,403$458,199
48$487,291$388,250$362,070$460,472
49$507,071$377,351$344,276$462,364
50$527,927$364,976$324,944$463,853
51$549,937$351,021$303,991$464,916
52$573,189$335,380$281,334$465,531
53$597,779$317,938$256,883$465,675
54$623,810$298,575$230,545$465,325
55$651,395$277,161$202,225$464,461
56$680,659$253,564$171,821$463,060
57$711,736$227,638$139,227$461,103
58$744,775$199,235$104,334$458,571
59$779,938$168,193$67,025$455,447
60$817,403$134,345$27,181$451,715
61$857,363$97,513$0$447,364
62$900,031$57,509$0$444,021
63$945,641$14,133$0$443,243
64$994,448$0$0$442,140
65$1,046,732$0$0$458,068
66$1,102,801$0$0$483,188
67$1,162,992$0$0$510,189
68$1,227,676$0$0$539,242
69$1,297,258$0$0$570,535
70$1,372,184$0$0$604,272
71$1,452,945$0$0$640,681
72$1,540,079$0$0$680,008
73$1,634,178$0$0$722,527
74$1,735,889$0$0$768,538
75$1,845,929$0$0$818,369
76$1,965,082$0$0$872,384
77$2,094,211$0$0$930,980
78$2,234,264$0$0$994,596
79$2,386,286$0$0$1,063,713
80$2,551,425$0$0$1,138,862
81$2,730,942$0$0$1,220,625
82$2,926,227$0$0$1,309,645
83$3,138,807$0$0$1,406,627
84$3,370,366$0$0$1,512,348
85$3,622,752$0$0$1,627,663
86$3,898,004$0$0$1,753,514
87$4,198,361$0$0$1,890,936
88$4,526,292$0$0$2,041,070
89$4,884,512$0$0$2,205,172
90$5,276,011$0$0$2,384,623
91$5,704,082$0$0$2,580,945
92$6,172,348$0$0$2,795,815
93$6,684,801$0$0$3,031,077
94$7,245,834$0$0$3,288,764
95$7,860,288$0$0$3,571,114
96$8,533,489$0$0$3,880,590
97$9,271,308$0$0$4,219,907
98$10,080,208$0$0$4,592,054
99$10,967,307$0$0$5,000,325
100$11,940,447$0$0$5,448,346