Can I retire at age 45 with 410,000?

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 $410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$33,857$33,556$33,262$32,974$32,694$32,060
2 years$16,761$16,449$16,146$15,853$15,569$14,933
3 years$11,063$10,750$10,448$10,157$9,877$9,259
4 years$8,215$7,902$7,603$7,318$7,045$6,449
5 years$6,506$6,195$5,900$5,621$5,355$4,783
6 years$5,367$5,059$4,768$4,495$4,237$3,690
7 years$4,554$4,248$3,963$3,696$3,446$2,924
8 years$3,945$3,642$3,361$3,100$2,859$2,361
9 years$3,471$3,171$2,894$2,641$2,408$1,935
10 years$3,092$2,795$2,523$2,276$2,051$1,602
11 years$2,782$2,488$2,222$1,981$1,764$1,339
12 years$2,524$2,233$1,972$1,738$1,529$1,126
13 years$2,306$2,018$1,762$1,534$1,333$953
14 years$2,120$1,834$1,583$1,362$1,169$810
15 years$1,958$1,676$1,429$1,214$1,029$691
16 years$1,816$1,538$1,296$1,087$909$591
17 years$1,692$1,416$1,179$977$806$507
18 years$1,581$1,308$1,076$880$717$436
19 years$1,482$1,213$985$796$639$376
20 years$1,393$1,127$904$721$571$324
21 years$1,313$1,050$832$654$511$280
22 years$1,240$980$767$595$458$242
23 years$1,174$916$708$542$411$210
24 years$1,113$859$655$494$369$182
25 years$1,057$806$606$451$332$158
26 years$1,006$757$562$412$299$137
27 years$958$713$522$377$270$119
28 years$914$672$485$346$244$104
29 years$873$634$452$317$220$90
30 years$835$598$421$291$199$78
31 years$799$566$392$267$180$68
32 years$766$535$366$246$163$59
33 years$734$507$342$226$147$52
34 years$705$480$319$208$133$45
35 years$677$456$298$191$121$39
36 years$651$432$279$176$109$34
37 years$627$411$261$162$99$30
38 years$603$390$245$150$90$26
39 years$581$371$229$138$81$23
40 years$561$353$215$127$74$20
41 years$541$336$202$117$67$17
42 years$522$320$189$108$61$15
43 years$504$305$177$100$55$13
44 years$487$291$167$92$50$11
45 years$471$277$156$85$45$10
46 years$455$264$147$79$41$9
47 years$441$252$138$73$37$7
48 years$427$241$130$67$34$7
49 years$413$230$122$62$31$6
50 years$400$220$115$57$28$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $410,000, adding $4,408 every year, while hoping to spend $32,324 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: 30/48/22 Blend
44$410,000$410,000$410,000$410,000
45$456,367$434,637$428,282$466,822
46$468,524$421,542$408,237$462,084
47$480,837$406,721$386,437$453,803
48$493,289$390,057$362,789$444,221
49$505,859$371,424$337,197$433,246
50$518,522$350,689$309,558$420,780
51$531,249$327,711$279,766$406,720
52$544,010$302,342$247,712$390,955
53$556,768$274,426$213,279$373,367
54$569,480$243,795$176,346$353,832
55$582,101$210,275$136,788$332,217
56$594,578$173,680$94,472$308,383
57$606,849$133,815$49,261$282,178
58$618,848$90,473$1,012$253,445
59$630,500$43,435$0$222,013
60$641,718$0$0$199,554
61$652,409$0$0$179,027
62$662,464$0$0$181,196
63$671,766$0$0$183,080
64$680,182$0$0$184,634
65$687,562$0$0$185,806
66$693,742$0$0$186,542
67$698,538$0$0$186,779
68$701,746$0$0$186,449
69$703,137$0$0$185,474
70$702,459$0$0$183,770
71$699,431$0$0$181,242
72$693,743$0$0$177,787
73$685,047$0$0$173,288
74$672,962$0$0$167,617
75$657,063$0$0$160,633
76$636,878$0$0$152,177
77$611,888$0$0$142,076
78$581,515$0$0$130,138
79$545,122$0$0$116,150
80$502,001$0$0$99,877
81$451,373$0$0$81,057
82$392,373$0$0$59,404
83$324,046$0$0$34,601
84$245,336$0$0$6,295
85$155,078$0$0$0
86$51,982$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0