Can I retire at age 45 with 402,000?

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 $402,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$33,197$32,901$32,613$32,331$32,056$31,294
2 years$16,434$16,128$15,831$15,544$15,265$14,501
3 years$10,847$10,540$10,244$9,959$9,685$8,944
4 years$8,054$7,748$7,455$7,175$6,907$6,195
5 years$6,379$6,074$5,785$5,511$5,251$4,568
6 years$5,263$4,960$4,675$4,407$4,155$3,503
7 years$4,465$4,166$3,885$3,623$3,379$2,759
8 years$3,868$3,571$3,295$3,040$2,803$2,214
9 years$3,403$3,109$2,838$2,589$2,361$1,802
10 years$3,032$2,740$2,474$2,232$2,011$1,482
11 years$2,728$2,440$2,178$1,942$1,730$1,230
12 years$2,475$2,190$1,933$1,704$1,499$1,027
13 years$2,261$1,979$1,727$1,504$1,307$862
14 years$2,078$1,799$1,552$1,335$1,146$727
15 years$1,920$1,643$1,401$1,191$1,009$616
16 years$1,781$1,508$1,270$1,066$892$523
17 years$1,659$1,388$1,156$958$791$445
18 years$1,550$1,283$1,055$863$703$380
19 years$1,453$1,189$966$780$627$325
20 years$1,366$1,105$887$707$560$278
21 years$1,288$1,029$815$641$501$238
22 years$1,216$961$752$583$449$204
23 years$1,151$898$694$531$403$175
24 years$1,091$842$642$484$362$151
25 years$1,036$790$594$442$326$130
26 years$986$742$551$404$294$112
27 years$939$699$512$370$265$96
28 years$896$658$476$339$239$83
29 years$856$621$443$311$216$71
30 years$818$587$413$285$195$61
31 years$783$555$385$262$176$53
32 years$751$525$359$241$159$46
33 years$720$497$335$222$144$39
34 years$691$471$313$204$131$34
35 years$664$447$293$188$118$29
36 years$638$424$274$173$107$25
37 years$614$403$256$159$97$22
38 years$592$383$240$147$88$19
39 years$570$364$225$135$80$16
40 years$550$346$211$125$72$14
41 years$530$330$198$115$66$12
42 years$512$314$185$106$60$10
43 years$494$299$174$98$54$9
44 years$478$285$163$91$49$8
45 years$462$272$153$84$45$7
46 years$447$259$144$77$40$6
47 years$432$247$135$71$37$5
48 years$418$236$127$66$33$4
49 years$405$226$119$61$30$4
50 years$392$216$112$56$28$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $402,000, adding $3,585 every year, while hoping to spend $27,147 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: 56/25/19 Blend
44$402,000$402,000$402,000$402,000
45$446,702$425,396$419,165$469,258
46$463,381$417,356$404,323$476,996
47$480,852$408,013$388,074$482,205
48$499,167$397,273$370,341$487,280
49$518,381$385,038$351,047$492,214
50$538,557$371,206$330,108$497,001
51$559,760$355,666$307,437$501,637
52$582,064$338,302$282,945$506,118
53$605,547$318,991$256,536$510,443
54$630,294$297,603$228,112$514,611
55$656,400$274,002$197,569$518,622
56$683,966$248,041$164,801$522,482
57$713,103$219,567$129,694$526,196
58$743,932$188,419$92,131$529,773
59$776,586$154,424$51,990$533,227
60$811,208$117,401$9,143$536,574
61$847,958$77,160$0$539,834
62$887,007$33,498$0$550,452
63$928,544$0$0$563,502
64$972,778$0$0$580,993
65$1,019,932$0$0$609,485
66$1,070,257$0$0$639,913
67$1,124,022$0$0$672,445
68$1,181,527$0$0$707,264
69$1,243,097$0$0$744,571
70$1,309,090$0$0$784,586
71$1,379,899$0$0$827,550
72$1,455,956$0$0$873,730
73$1,537,732$0$0$923,415
74$1,625,747$0$0$976,926
75$1,720,572$0$0$1,034,614
76$1,822,832$0$0$1,096,865
77$1,933,216$0$0$1,164,101
78$2,052,479$0$0$1,236,790
79$2,181,452$0$0$1,315,442
80$2,321,049$0$0$1,400,621
81$2,472,273$0$0$1,492,944
82$2,636,228$0$0$1,593,092
83$2,814,127$0$0$1,701,814
84$3,007,306$0$0$1,819,930
85$3,217,232$0$0$1,948,348
86$3,445,521$0$0$2,088,062
87$3,693,949$0$0$2,240,168
88$3,964,473$0$0$2,405,871
89$4,259,242$0$0$2,586,497
90$4,580,625$0$0$2,783,507
91$4,931,228$0$0$2,998,508
92$5,313,919$0$0$3,233,268
93$5,731,856$0$0$3,489,734
94$6,188,513$0$0$3,770,049
95$6,687,717$0$0$4,076,575
96$7,233,682$0$0$4,411,908
97$7,831,045$0$0$4,778,910
98$8,484,914$0$0$5,180,732
99$9,200,913$0$0$5,620,842
100$9,985,237$0$0$6,103,061