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%15.4%
1 years$33,857$33,556$33,262$32,974$32,694$31,969
2 years$16,761$16,449$16,146$15,853$15,569$14,841
3 years$11,063$10,750$10,448$10,157$9,877$9,171
4 years$8,215$7,902$7,603$7,318$7,045$6,365
5 years$6,506$6,195$5,900$5,621$5,355$4,704
6 years$5,367$5,059$4,768$4,495$4,237$3,615
7 years$4,554$4,248$3,963$3,696$3,446$2,853
8 years$3,945$3,642$3,361$3,100$2,859$2,295
9 years$3,471$3,171$2,894$2,641$2,408$1,872
10 years$3,092$2,795$2,523$2,276$2,051$1,544
11 years$2,782$2,488$2,222$1,981$1,764$1,284
12 years$2,524$2,233$1,972$1,738$1,529$1,075
13 years$2,306$2,018$1,762$1,534$1,333$906
14 years$2,120$1,834$1,583$1,362$1,169$766
15 years$1,958$1,676$1,429$1,214$1,029$650
16 years$1,816$1,538$1,296$1,087$909$554
17 years$1,692$1,416$1,179$977$806$473
18 years$1,581$1,308$1,076$880$717$404
19 years$1,482$1,213$985$796$639$347
20 years$1,393$1,127$904$721$571$298
21 years$1,313$1,050$832$654$511$256
22 years$1,240$980$767$595$458$220
23 years$1,174$916$708$542$411$190
24 years$1,113$859$655$494$369$163
25 years$1,057$806$606$451$332$141
26 years$1,006$757$562$412$299$122
27 years$958$713$522$377$270$105
28 years$914$672$485$346$244$91
29 years$873$634$452$317$220$79
30 years$835$598$421$291$199$68
31 years$799$566$392$267$180$59
32 years$766$535$366$246$163$51
33 years$734$507$342$226$147$44
34 years$705$480$319$208$133$38
35 years$677$456$298$191$121$33
36 years$651$432$279$176$109$29
37 years$627$411$261$162$99$25
38 years$603$390$245$150$90$21
39 years$581$371$229$138$81$19
40 years$561$353$215$127$74$16
41 years$541$336$202$117$67$14
42 years$522$320$189$108$61$12
43 years$504$305$177$100$55$10
44 years$487$291$167$92$50$9
45 years$471$277$156$85$45$8
46 years$455$264$147$79$41$7
47 years$441$252$138$73$37$6
48 years$427$241$130$67$34$5
49 years$413$230$122$62$31$4
50 years$400$220$115$57$28$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $410,000, adding $6,534 every year, while hoping to spend $26,437 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: 54/20/26 Blend
44$410,000$410,000$410,000$410,000
45$458,560$436,830$430,475$479,704
46$477,204$430,106$416,767$488,270
47$496,864$422,166$401,714$494,324
48$517,616$412,923$385,242$500,375
49$539,541$402,285$367,277$506,432
50$562,730$390,153$347,736$512,507
51$587,281$376,424$326,538$518,614
52$613,302$360,987$303,596$524,771
53$640,910$343,726$278,817$530,999
54$670,233$324,518$252,108$537,323
55$701,411$303,234$223,368$543,772
56$734,598$279,736$192,494$550,381
57$769,962$253,878$159,377$557,190
58$807,687$225,507$123,905$564,247
59$847,974$194,459$85,959$571,606
60$891,044$160,565$45,415$579,328
61$937,140$123,642$2,146$587,486
62$986,527$83,499$0$596,161
63$1,039,495$39,933$0$617,662
64$1,096,365$0$0$641,308
65$1,157,488$0$0$668,266
66$1,223,248$0$0$706,751
67$1,294,067$0$0$748,227
68$1,370,411$0$0$792,970
69$1,452,789$0$0$841,282
70$1,541,761$0$0$893,495
71$1,637,943$0$0$949,976
72$1,742,012$0$0$1,011,126
73$1,854,711$0$0$1,077,387
74$1,976,858$0$0$1,149,246
75$2,109,353$0$0$1,227,236
76$2,253,185$0$0$1,311,945
77$2,409,440$0$0$1,404,020
78$2,579,316$0$0$1,504,172
79$2,764,129$0$0$1,613,182
80$2,965,328$0$0$1,731,913
81$3,184,505$0$0$1,861,311
82$3,423,414$0$0$2,002,419
83$3,683,987$0$0$2,156,384
84$3,968,346$0$0$2,324,471
85$4,278,830$0$0$2,508,068
86$4,618,014$0$0$2,708,707
87$4,988,731$0$0$2,928,073
88$5,394,101$0$0$3,168,021
89$5,837,560$0$0$3,430,594
90$6,322,888$0$0$3,718,042
91$6,854,252$0$0$4,032,841
92$7,436,238$0$0$4,377,721
93$8,073,896$0$0$4,755,684
94$8,772,789$0$0$5,170,040
95$9,539,042$0$0$5,624,432
96$10,379,403$0$0$6,122,875
97$11,301,304$0$0$6,669,788
98$12,312,929$0$0$7,270,041
99$13,423,296$0$0$7,928,998
100$14,642,334$0$0$8,652,567