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%12.2%
1 years$34,188$33,883$33,586$33,296$33,013$32,709
2 years$16,925$16,609$16,304$16,008$15,720$15,414
3 years$11,171$10,854$10,550$10,256$9,974$9,675
4 years$8,295$7,979$7,677$7,389$7,113$6,824
5 years$6,569$6,256$5,958$5,676$5,407$5,128
6 years$5,420$5,108$4,815$4,539$4,279$4,010
7 years$4,599$4,290$4,001$3,732$3,480$3,222
8 years$3,983$3,677$3,393$3,130$2,887$2,640
9 years$3,505$3,202$2,923$2,666$2,431$2,195
10 years$3,122$2,822$2,548$2,298$2,071$1,846
11 years$2,809$2,512$2,243$2,000$1,781$1,566
12 years$2,549$2,255$1,991$1,755$1,544$1,339
13 years$2,329$2,038$1,779$1,549$1,346$1,151
14 years$2,140$1,852$1,598$1,375$1,180$995
15 years$1,977$1,692$1,443$1,226$1,039$863
16 years$1,834$1,553$1,308$1,098$918$752
17 years$1,708$1,430$1,190$987$814$657
18 years$1,597$1,321$1,087$889$724$575
19 years$1,497$1,224$995$803$645$505
20 years$1,407$1,138$913$728$576$444
21 years$1,326$1,060$840$660$516$391
22 years$1,252$989$774$600$462$344
23 years$1,185$925$715$547$415$304
24 years$1,124$867$661$499$373$269
25 years$1,067$814$612$455$336$238
26 years$1,015$765$568$416$302$211
27 years$967$720$527$381$273$187
28 years$923$678$490$349$246$166
29 years$881$640$456$320$222$147
30 years$843$604$425$294$201$130
31 years$807$571$396$270$181$116
32 years$773$540$370$248$164$103
33 years$741$512$345$228$149$91
34 years$712$485$322$210$134$81
35 years$684$460$301$193$122$72
36 years$658$437$282$178$110$64
37 years$633$415$264$164$100$57
38 years$609$394$247$151$91$51
39 years$587$375$232$139$82$45
40 years$566$357$217$129$75$40
41 years$546$339$203$119$68$36
42 years$527$323$191$109$61$32
43 years$509$308$179$101$56$28
44 years$492$294$168$93$51$25
45 years$476$280$158$86$46$23
46 years$460$267$148$80$42$20
47 years$445$255$139$74$38$18
48 years$431$243$131$68$34$16
49 years$417$232$123$63$31$14
50 years$404$222$116$58$28$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $414,000, adding $3,878 every year, while hoping to spend $27,377 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: 57/31/12 Blend
44$414,000$414,000$414,000$414,000
45$460,228$438,286$431,869$484,865
46$478,043$430,633$417,208$494,310
47$496,756$421,688$401,138$501,234
48$516,433$411,358$383,583$508,131
49$537,139$399,545$364,464$515,000
50$558,951$386,146$343,697$521,847
51$581,950$371,053$321,196$528,674
52$606,222$354,148$296,870$535,489
53$631,865$335,309$270,623$542,301
54$658,983$314,408$242,357$549,121
55$687,692$291,306$211,968$555,963
56$718,116$265,859$179,349$562,847
57$750,392$237,914$144,385$569,794
58$784,669$207,310$106,959$576,831
59$821,112$173,874$66,949$583,990
60$859,898$137,427$24,225$591,309
61$901,224$97,777$0$598,832
62$945,305$54,724$0$609,347
63$992,374$8,054$0$623,666
64$1,042,690$0$0$638,773
65$1,096,535$0$0$669,251
66$1,154,218$0$0$704,869
67$1,216,078$0$0$743,091
68$1,282,488$0$0$784,152
69$1,353,857$0$0$828,306
70$1,430,632$0$0$875,836
71$1,513,308$0$0$927,049
72$1,602,423$0$0$982,285
73$1,698,574$0$0$1,041,917
74$1,802,412$0$0$1,106,354
75$1,914,655$0$0$1,176,045
76$2,036,091$0$0$1,251,485
77$2,167,587$0$0$1,333,218
78$2,310,096$0$0$1,421,841
79$2,464,665$0$0$1,518,012
80$2,632,447$0$0$1,622,453
81$2,814,709$0$0$1,735,959
82$3,012,845$0$0$1,859,406
83$3,228,388$0$0$1,993,755
84$3,463,026$0$0$2,140,066
85$3,718,616$0$0$2,299,503
86$3,997,200$0$0$2,473,349
87$4,301,027$0$0$2,663,015
88$4,632,571$0$0$2,870,055
89$4,994,558$0$0$3,096,178
90$5,389,986$0$0$3,343,267
91$5,822,156$0$0$3,613,395
92$6,294,702$0$0$3,908,843
93$6,811,627$0$0$4,232,123
94$7,377,336$0$0$4,586,002
95$7,996,682$0$0$4,973,526
96$8,675,007$0$0$5,398,049
97$9,418,196$0$0$5,863,267
98$10,232,727$0$0$6,373,247
99$11,125,737$0$0$6,932,471
100$12,105,086$0$0$7,545,874