Can I retire at age 45 with 414,000?

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 $414,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$34,188$33,883$33,586$33,296$33,013$31,956
2 years$16,925$16,609$16,304$16,008$15,720$14,666
3 years$11,171$10,854$10,550$10,256$9,974$8,954
4 years$8,295$7,979$7,677$7,389$7,113$6,136
5 years$6,569$6,256$5,958$5,676$5,407$4,476
6 years$5,420$5,108$4,815$4,539$4,279$3,393
7 years$4,599$4,290$4,001$3,732$3,480$2,640
8 years$3,983$3,677$3,393$3,130$2,887$2,093
9 years$3,505$3,202$2,923$2,666$2,431$1,682
10 years$3,122$2,822$2,548$2,298$2,071$1,365
11 years$2,809$2,512$2,243$2,000$1,781$1,118
12 years$2,549$2,255$1,991$1,755$1,544$921
13 years$2,329$2,038$1,779$1,549$1,346$762
14 years$2,140$1,852$1,598$1,375$1,180$634
15 years$1,977$1,692$1,443$1,226$1,039$529
16 years$1,834$1,553$1,308$1,098$918$442
17 years$1,708$1,430$1,190$987$814$371
18 years$1,597$1,321$1,087$889$724$311
19 years$1,497$1,224$995$803$645$262
20 years$1,407$1,138$913$728$576$221
21 years$1,326$1,060$840$660$516$186
22 years$1,252$989$774$600$462$157
23 years$1,185$925$715$547$415$133
24 years$1,124$867$661$499$373$112
25 years$1,067$814$612$455$336$95
26 years$1,015$765$568$416$302$80
27 years$967$720$527$381$273$68
28 years$923$678$490$349$246$57
29 years$881$640$456$320$222$49
30 years$843$604$425$294$201$41
31 years$807$571$396$270$181$35
32 years$773$540$370$248$164$30
33 years$741$512$345$228$149$25
34 years$712$485$322$210$134$21
35 years$684$460$301$193$122$18
36 years$658$437$282$178$110$15
37 years$633$415$264$164$100$13
38 years$609$394$247$151$91$11
39 years$587$375$232$139$82$9
40 years$566$357$217$129$75$8
41 years$546$339$203$119$68$7
42 years$527$323$191$109$61$6
43 years$509$308$179$101$56$5
44 years$492$294$168$93$51$4
45 years$476$280$158$86$46$3
46 years$460$267$148$80$42$3
47 years$445$255$139$74$38$2
48 years$431$243$131$68$34$2
49 years$417$232$123$63$31$2
50 years$404$222$116$58$28$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $414,000, adding $4,999 every year, while hoping to spend $20,836 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$414,000$414,000$414,000$414,000
45$461,384$439,442$433,025$488,523
46$486,276$438,806$425,362$506,723
47$513,009$437,440$416,744$523,772
48$541,748$435,286$407,117$541,901
49$572,675$432,284$396,425$561,217
50$605,990$428,369$384,608$581,837
51$641,913$423,471$371,604$603,892
52$680,685$417,517$357,349$627,527
53$722,570$410,431$341,776$652,900
54$767,860$402,130$324,813$680,188
55$816,875$392,527$306,387$709,588
56$869,965$381,530$286,420$741,315
57$927,519$369,042$264,833$775,609
58$989,961$354,960$241,539$812,734
59$1,057,759$339,175$216,453$852,984
60$1,131,427$321,571$189,481$896,683
61$1,211,531$302,027$160,527$944,189
62$1,298,694$280,413$129,491$995,897
63$1,393,600$256,593$96,269$1,052,247
64$1,497,004$230,423$60,750$1,113,721
65$1,609,734$201,749$22,821$1,180,855
66$1,732,704$170,412$0$1,254,241
67$1,866,919$136,241$0$1,337,923
68$2,013,484$99,056$0$1,434,129
69$2,173,617$58,668$0$1,539,295
70$2,348,658$14,875$0$1,654,328
71$2,540,084$0$0$1,780,230
72$2,749,519$0$0$1,924,547
73$2,978,752$0$0$2,085,759
74$3,229,753$0$0$2,262,310
75$3,504,692$0$0$2,455,729
76$3,805,959$0$0$2,667,700
77$4,136,184$0$0$2,900,079
78$4,498,265$0$0$3,154,910
79$4,895,395$0$0$3,434,442
80$5,331,089$0$0$3,741,156
81$5,809,219$0$0$4,077,780
82$6,334,051$0$0$4,447,324
83$6,910,282$0$0$4,853,100
84$7,543,089$0$0$5,298,758
85$8,238,173$0$0$5,788,318
86$9,001,815$0$0$6,326,209
87$9,840,934$0$0$6,917,312
88$10,763,152$0$0$7,567,000
89$11,776,868$0$0$8,281,196
90$12,891,333$0$0$9,066,425
91$14,116,739$0$0$9,929,874
92$15,464,318$0$0$10,879,463
93$16,946,441$0$0$11,923,918
94$18,576,741$0$0$13,072,851
95$20,370,237$0$0$14,336,856
96$22,343,477$0$0$15,727,603
97$24,514,696$0$0$17,257,949
98$26,903,983$0$0$18,942,064
99$29,533,473$0$0$20,795,559
100$32,427,559$0$0$22,835,635