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%15.3%
1 years$33,857$33,556$33,262$32,974$32,694$31,982
2 years$16,761$16,449$16,146$15,853$15,569$14,854
3 years$11,063$10,750$10,448$10,157$9,877$9,184
4 years$8,215$7,902$7,603$7,318$7,045$6,377
5 years$6,506$6,195$5,900$5,621$5,355$4,715
6 years$5,367$5,059$4,768$4,495$4,237$3,626
7 years$4,554$4,248$3,963$3,696$3,446$2,863
8 years$3,945$3,642$3,361$3,100$2,859$2,304
9 years$3,471$3,171$2,894$2,641$2,408$1,881
10 years$3,092$2,795$2,523$2,276$2,051$1,552
11 years$2,782$2,488$2,222$1,981$1,764$1,292
12 years$2,524$2,233$1,972$1,738$1,529$1,083
13 years$2,306$2,018$1,762$1,534$1,333$912
14 years$2,120$1,834$1,583$1,362$1,169$772
15 years$1,958$1,676$1,429$1,214$1,029$656
16 years$1,816$1,538$1,296$1,087$909$559
17 years$1,692$1,416$1,179$977$806$477
18 years$1,581$1,308$1,076$880$717$409
19 years$1,482$1,213$985$796$639$351
20 years$1,393$1,127$904$721$571$301
21 years$1,313$1,050$832$654$511$259
22 years$1,240$980$767$595$458$223
23 years$1,174$916$708$542$411$192
24 years$1,113$859$655$494$369$166
25 years$1,057$806$606$451$332$143
26 years$1,006$757$562$412$299$124
27 years$958$713$522$377$270$107
28 years$914$672$485$346$244$93
29 years$873$634$452$317$220$80
30 years$835$598$421$291$199$69
31 years$799$566$392$267$180$60
32 years$766$535$366$246$163$52
33 years$734$507$342$226$147$45
34 years$705$480$319$208$133$39
35 years$677$456$298$191$121$34
36 years$651$432$279$176$109$29
37 years$627$411$261$162$99$25
38 years$603$390$245$150$90$22
39 years$581$371$229$138$81$19
40 years$561$353$215$127$74$17
41 years$541$336$202$117$67$14
42 years$522$320$189$108$61$12
43 years$504$305$177$100$55$11
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$5
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 $2,709 every year, while hoping to spend $31,341 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: 64/18/18 Blend
44$410,000$410,000$410,000$410,000
45$454,614$432,884$426,529$481,491
46$467,638$420,749$407,471$487,736
47$480,941$406,969$386,725$490,740
48$494,516$391,430$364,200$493,277
49$508,358$374,012$339,802$495,302
50$522,460$354,587$313,434$496,767
51$536,811$333,022$284,994$497,621
52$551,399$309,173$254,375$497,809
53$566,209$282,891$221,465$497,271
54$581,226$254,015$186,146$495,943
55$596,427$222,379$148,299$493,758
56$611,791$187,803$107,795$490,642
57$627,289$150,101$64,502$486,515
58$642,891$109,074$18,281$481,291
59$658,560$64,513$0$474,880
60$674,255$16,197$0$473,146
61$689,930$0$0$474,152
62$705,531$0$0$481,454
63$720,998$0$0$491,854
64$736,262$0$0$502,096
65$751,248$0$0$512,124
66$765,869$0$0$521,878
67$780,028$0$0$531,288
68$793,617$0$0$540,278
69$806,514$0$0$548,762
70$818,582$0$0$556,641
71$829,670$0$0$563,810
72$839,608$0$0$570,147
73$848,208$0$0$575,518
74$855,257$0$0$579,775
75$860,523$0$0$582,751
76$863,743$0$0$584,261
77$864,629$0$0$584,101
78$862,857$0$0$582,042
79$858,071$0$0$577,831
80$849,874$0$0$571,188
81$837,825$0$0$561,802
82$821,438$0$0$549,328
83$800,170$0$0$533,382
84$773,424$0$0$513,544
85$740,537$0$0$489,343
86$700,774$0$0$460,261
87$653,323$0$0$425,725
88$597,286$0$0$385,099
89$531,669$0$0$337,682
90$455,374$0$0$282,697
91$367,184$0$0$219,287
92$265,758$0$0$146,503
93$149,612$0$0$63,298
94$17,106$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