Can I retire at age 45 with 404,000?

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 $404,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$33,362$33,065$32,775$32,492$32,216$31,839
2 years$16,516$16,208$15,910$15,621$15,341$14,962
3 years$10,901$10,592$10,295$10,009$9,733$9,363
4 years$8,094$7,786$7,492$7,211$6,942$6,584
5 years$6,411$6,105$5,814$5,538$5,277$4,933
6 years$5,289$4,985$4,699$4,429$4,175$3,845
7 years$4,488$4,186$3,905$3,641$3,396$3,079
8 years$3,887$3,588$3,311$3,055$2,817$2,514
9 years$3,420$3,124$2,852$2,602$2,372$2,083
10 years$3,047$2,754$2,487$2,243$2,021$1,745
11 years$2,742$2,452$2,189$1,952$1,738$1,476
12 years$2,487$2,201$1,943$1,712$1,507$1,257
13 years$2,273$1,989$1,736$1,512$1,314$1,076
14 years$2,089$1,808$1,560$1,342$1,152$926
15 years$1,929$1,651$1,408$1,197$1,014$801
16 years$1,790$1,515$1,277$1,071$896$694
17 years$1,667$1,395$1,162$963$795$604
18 years$1,558$1,289$1,060$868$706$526
19 years$1,461$1,195$971$784$630$460
20 years$1,373$1,110$891$710$562$403
21 years$1,294$1,034$820$644$503$353
22 years$1,222$965$755$586$451$310
23 years$1,157$903$697$534$405$272
24 years$1,097$846$645$487$364$240
25 years$1,042$794$597$444$328$211
26 years$991$746$554$406$295$186
27 years$944$702$514$372$266$164
28 years$900$662$478$341$240$145
29 years$860$624$445$313$217$128
30 years$822$590$415$287$196$113
31 years$787$557$386$263$177$100
32 years$754$527$361$242$160$88
33 years$724$499$337$223$145$78
34 years$695$473$315$205$131$69
35 years$667$449$294$189$119$61
36 years$642$426$275$174$108$54
37 years$617$405$258$160$98$48
38 years$595$385$241$147$88$42
39 years$573$366$226$136$80$38
40 years$552$348$212$125$73$33
41 years$533$331$199$116$66$29
42 years$514$315$186$107$60$26
43 years$497$301$175$99$54$23
44 years$480$286$164$91$49$20
45 years$464$273$154$84$45$18
46 years$449$261$145$78$41$16
47 years$434$249$136$72$37$14
48 years$420$237$128$66$34$13
49 years$407$227$120$61$30$11
50 years$394$217$113$57$28$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $404,000, adding $3,239 every year, while hoping to spend $28,450 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: 37/50/13 Blend
44$404,000$404,000$404,000$404,000
45$448,549$427,137$420,875$463,249
46$464,030$417,796$404,704$464,728
47$480,137$407,044$387,037$463,346
48$496,904$394,782$367,795$461,231
49$514,366$380,904$346,894$458,331
50$532,562$365,299$324,247$454,593
51$551,536$347,851$299,761$449,959
52$571,331$328,434$273,341$444,371
53$591,996$306,917$244,888$437,765
54$613,585$283,161$214,297$430,076
55$636,154$257,019$181,459$421,236
56$659,764$228,335$146,260$411,174
57$684,482$196,946$108,582$399,813
58$710,380$162,677$68,301$387,076
59$737,537$125,346$25,286$372,882
60$766,036$84,759$0$357,144
61$795,970$40,711$0$342,636
62$827,440$0$0$330,332
63$860,553$0$0$320,507
64$895,428$0$0$333,770
65$932,193$0$0$347,774
66$970,991$0$0$362,575
67$1,011,972$0$0$378,235
68$1,055,304$0$0$394,820
69$1,101,170$0$0$412,404
70$1,149,769$0$0$431,067
71$1,201,317$0$0$450,897
72$1,256,053$0$0$471,989
73$1,314,236$0$0$494,447
74$1,376,151$0$0$518,388
75$1,442,109$0$0$543,936
76$1,512,450$0$0$571,229
77$1,587,549$0$0$600,417
78$1,667,814$0$0$631,668
79$1,753,694$0$0$665,161
80$1,845,680$0$0$701,095
81$1,944,311$0$0$739,690
82$2,050,179$0$0$781,185
83$2,163,934$0$0$825,842
84$2,286,288$0$0$873,952
85$2,418,023$0$0$925,830
86$2,559,999$0$0$981,827
87$2,713,160$0$0$1,042,324
88$2,878,543$0$0$1,107,743
89$3,057,286$0$0$1,178,546
90$3,250,643$0$0$1,255,243
91$3,459,991$0$0$1,338,392
92$3,686,842$0$0$1,428,608
93$3,932,860$0$0$1,526,567
94$4,199,877$0$0$1,633,015
95$4,489,903$0$0$1,748,768
96$4,805,154$0$0$1,874,727
97$5,148,065$0$0$2,011,883
98$5,521,315$0$0$2,161,325
99$5,927,854$0$0$2,324,254
100$6,370,926$0$0$2,501,990