Can I retire at age 45 with 415,000?

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 $415,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$34,270$33,965$33,667$33,377$33,093$32,802
2 years$16,966$16,650$16,343$16,046$15,758$15,465
3 years$11,198$10,881$10,575$10,281$9,998$9,711
4 years$8,315$7,998$7,696$7,407$7,131$6,853
5 years$6,585$6,271$5,972$5,689$5,420$5,153
6 years$5,433$5,121$4,827$4,550$4,289$4,032
7 years$4,610$4,300$4,011$3,741$3,488$3,241
8 years$3,993$3,686$3,402$3,138$2,894$2,657
9 years$3,513$3,209$2,930$2,673$2,437$2,211
10 years$3,130$2,829$2,554$2,304$2,076$1,860
11 years$2,816$2,518$2,249$2,005$1,786$1,579
12 years$2,555$2,260$1,996$1,759$1,548$1,351
13 years$2,334$2,043$1,783$1,553$1,349$1,162
14 years$2,145$1,857$1,602$1,378$1,183$1,005
15 years$1,982$1,696$1,446$1,229$1,042$873
16 years$1,839$1,556$1,311$1,101$921$761
17 years$1,712$1,433$1,193$989$816$665
18 years$1,600$1,324$1,089$891$726$582
19 years$1,500$1,227$997$805$647$511
20 years$1,410$1,141$915$729$578$450
21 years$1,329$1,062$842$662$517$397
22 years$1,255$992$776$602$463$350
23 years$1,188$928$716$548$416$309
24 years$1,127$869$663$500$374$274
25 years$1,070$816$614$457$336$242
26 years$1,018$767$569$417$303$215
27 years$970$721$528$382$273$190
28 years$925$680$491$350$247$169
29 years$883$641$457$321$223$150
30 years$845$606$426$295$201$133
31 years$809$572$397$271$182$118
32 years$775$542$370$249$165$105
33 years$743$513$346$229$149$94
34 years$713$486$323$210$135$83
35 years$685$461$302$194$122$74
36 years$659$438$283$178$111$66
37 years$634$416$265$164$100$59
38 years$611$395$248$151$91$52
39 years$588$376$232$140$82$47
40 years$567$357$218$129$75$42
41 years$547$340$204$119$68$37
42 years$528$324$191$110$62$33
43 years$510$309$180$101$56$29
44 years$493$294$169$94$51$26
45 years$477$281$158$86$46$23
46 years$461$268$149$80$42$21
47 years$446$255$140$74$38$19
48 years$432$244$131$68$34$17
49 years$418$233$123$63$31$15
50 years$405$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 $415,000, adding $6,251 every year, while hoping to spend $27,452 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: 51/24/25 Blend
44$415,000$415,000$415,000$415,000
45$463,778$441,783$435,350$483,894
46$481,875$434,222$420,726$490,955
47$500,897$425,370$404,691$495,341
48$520,911$415,135$387,171$499,554
49$541,987$403,420$368,084$503,589
50$564,203$390,121$347,348$507,442
51$587,643$375,128$324,876$511,111
52$612,400$358,327$300,577$514,594
53$638,574$339,594$274,356$517,893
54$666,275$318,800$246,113$521,011
55$695,622$295,808$215,744$523,955
56$726,746$270,474$183,142$526,733
57$759,789$242,643$148,193$529,358
58$794,910$212,154$110,779$531,847
59$832,277$178,836$70,777$534,222
60$872,079$142,509$28,058$536,507
61$914,521$102,981$0$538,737
62$959,827$60,052$0$545,626
63$1,008,242$13,508$0$560,838
64$1,060,037$0$0$576,972
65$1,115,507$0$0$603,876
66$1,174,977$0$0$636,573
67$1,238,802$0$0$671,694
68$1,307,372$0$0$709,459
69$1,381,116$0$0$750,107
70$1,460,504$0$0$793,903
71$1,546,053$0$0$841,135
72$1,638,330$0$0$892,121
73$1,737,958$0$0$947,212
74$1,845,623$0$0$1,006,791
75$1,962,078$0$0$1,071,280
76$2,088,149$0$0$1,141,144
77$2,224,746$0$0$1,216,893
78$2,372,870$0$0$1,299,087
79$2,533,620$0$0$1,388,345
80$2,708,206$0$0$1,485,344
81$2,897,959$0$0$1,590,833
82$3,104,343$0$0$1,705,631
83$3,328,968$0$0$1,830,644
84$3,573,605$0$0$1,966,866
85$3,840,206$0$0$2,115,392
86$4,130,917$0$0$2,277,426
87$4,448,098$0$0$2,454,295
88$4,794,351$0$0$2,647,459
89$5,172,536$0$0$2,858,524
90$5,585,805$0$0$3,089,260
91$6,037,627$0$0$3,341,616
92$6,531,819$0$0$3,617,734
93$7,072,587$0$0$3,919,978
94$7,664,560$0$0$4,250,948
95$8,312,838$0$0$4,613,508
96$9,023,035$0$0$5,010,811
97$9,801,334$0$0$5,446,330
98$10,654,545$0$0$5,923,892
99$11,590,167$0$0$6,447,709
100$12,616,463$0$0$7,022,422