Can I retire at age 45 with 400,000?

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 $400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$33,032$32,737$32,450$32,170$31,897$31,407
2 years$16,352$16,048$15,753$15,466$15,189$14,697
3 years$10,793$10,487$10,193$9,909$9,636$9,157
4 years$8,014$7,709$7,418$7,139$6,873$6,410
5 years$6,347$6,044$5,757$5,484$5,225$4,780
6 years$5,236$4,936$4,652$4,385$4,134$3,708
7 years$4,443$4,145$3,866$3,605$3,362$2,954
8 years$3,849$3,553$3,279$3,024$2,789$2,400
9 years$3,386$3,093$2,824$2,576$2,349$1,978
10 years$3,017$2,727$2,462$2,221$2,001$1,648
11 years$2,714$2,427$2,167$1,933$1,721$1,386
12 years$2,463$2,179$1,924$1,695$1,492$1,173
13 years$2,250$1,969$1,719$1,497$1,301$999
14 years$2,068$1,790$1,544$1,329$1,140$855
15 years$1,910$1,635$1,394$1,185$1,004$734
16 years$1,772$1,500$1,264$1,061$887$633
17 years$1,651$1,381$1,150$953$787$547
18 years$1,543$1,277$1,050$859$699$474
19 years$1,446$1,183$961$776$623$411
20 years$1,359$1,099$882$703$557$357
21 years$1,281$1,024$811$638$498$311
22 years$1,210$956$748$580$447$271
23 years$1,145$894$690$528$401$237
24 years$1,086$838$639$482$360$207
25 years$1,031$786$591$440$324$181
26 years$981$739$549$402$292$158
27 years$935$695$509$368$263$139
28 years$892$655$474$337$238$121
29 years$852$618$441$309$215$106
30 years$814$584$410$284$194$93
31 years$779$552$383$261$175$82
32 years$747$522$357$240$159$72
33 years$716$494$333$220$144$63
34 years$688$469$311$203$130$55
35 years$661$444$291$187$118$49
36 years$635$422$272$172$107$43
37 years$611$401$255$158$97$38
38 years$589$381$239$146$88$33
39 years$567$362$224$135$79$29
40 years$547$345$210$124$72$25
41 years$528$328$197$115$65$22
42 years$509$312$184$106$59$20
43 years$492$298$173$98$54$17
44 years$475$284$162$90$49$15
45 years$459$270$153$83$44$13
46 years$444$258$143$77$40$12
47 years$430$246$135$71$37$10
48 years$416$235$126$66$33$9
49 years$403$224$119$61$30$8
50 years$391$214$112$56$27$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $400,000, adding $6,148 every year, while hoping to spend $29,721 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: 44/29/27 Blend
44$400,000$400,000$400,000$400,000
45$447,142$425,942$419,742$463,080
46$461,127$415,190$402,180$464,277
47$475,543$402,915$383,034$462,258
48$490,402$389,011$362,219$459,495
49$505,717$373,367$339,647$455,935
50$521,500$355,862$315,226$451,523
51$537,766$336,372$288,858$446,200
52$554,527$314,764$260,445$439,904
53$571,799$290,897$229,879$432,571
54$589,594$264,622$197,052$424,131
55$607,928$235,784$161,849$414,511
56$626,815$204,216$124,149$403,636
57$646,270$169,743$83,828$391,423
58$666,309$132,179$40,755$377,789
59$686,946$91,330$0$362,642
60$708,198$46,988$0$347,389
61$730,079$0$0$343,057
62$752,606$0$0$338,168
63$775,795$0$0$348,569
64$799,661$0$0$359,272
65$824,221$0$0$370,284
66$849,491$0$0$381,611
67$875,485$0$0$393,261
68$902,221$0$0$405,241
69$929,712$0$0$417,556
70$957,975$0$0$430,213
71$987,024$0$0$443,218
72$1,016,873$0$0$456,577
73$1,047,536$0$0$470,295
74$1,079,024$0$0$484,378
75$1,111,351$0$0$498,830
76$1,144,527$0$0$513,655
77$1,178,560$0$0$528,856
78$1,213,460$0$0$544,436
79$1,249,232$0$0$560,397
80$1,285,881$0$0$576,739
81$1,323,409$0$0$593,463
82$1,361,815$0$0$610,566
83$1,401,096$0$0$628,045
84$1,441,246$0$0$645,897
85$1,482,254$0$0$664,113
86$1,524,106$0$0$682,686
87$1,566,782$0$0$701,605
88$1,610,259$0$0$720,856
89$1,654,506$0$0$740,423
90$1,699,487$0$0$760,286
91$1,745,156$0$0$780,422
92$1,791,462$0$0$800,803
93$1,838,342$0$0$821,397
94$1,885,725$0$0$842,168
95$1,933,527$0$0$863,072
96$1,981,651$0$0$884,061
97$2,029,988$0$0$905,080
98$2,078,411$0$0$926,063
99$2,126,776$0$0$946,940
100$2,174,919$0$0$967,629