Can I retire at age 45 with 418,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $418,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$34,518$34,211$33,911$33,618$33,332$33,094
2 years$17,088$16,770$16,461$16,162$15,872$15,633
3 years$11,279$10,959$10,652$10,355$10,070$9,836
4 years$8,375$8,056$7,752$7,460$7,182$6,955
5 years$6,633$6,316$6,016$5,730$5,460$5,240
6 years$5,472$5,158$4,862$4,583$4,320$4,109
7 years$4,643$4,331$4,040$3,768$3,513$3,311
8 years$4,022$3,713$3,426$3,161$2,915$2,720
9 years$3,539$3,233$2,951$2,692$2,455$2,268
10 years$3,152$2,849$2,573$2,321$2,091$1,913
11 years$2,837$2,537$2,265$2,020$1,799$1,629
12 years$2,574$2,277$2,010$1,771$1,559$1,397
13 years$2,351$2,058$1,796$1,564$1,359$1,205
14 years$2,161$1,870$1,614$1,388$1,191$1,045
15 years$1,996$1,709$1,457$1,238$1,049$909
16 years$1,852$1,568$1,321$1,109$927$795
17 years$1,725$1,444$1,202$996$822$696
18 years$1,612$1,334$1,097$898$731$612
19 years$1,511$1,236$1,004$811$652$539
20 years$1,421$1,149$922$735$582$476
21 years$1,339$1,070$848$667$521$420
22 years$1,264$999$781$606$467$372
23 years$1,197$934$722$552$419$330
24 years$1,135$875$667$504$377$293
25 years$1,078$821$618$460$339$260
26 years$1,025$772$573$420$305$231
27 years$977$727$532$385$275$206
28 years$932$685$495$353$248$183
29 years$890$646$460$323$224$163
30 years$851$610$429$297$203$145
31 years$814$577$400$273$183$130
32 years$780$546$373$250$166$116
33 years$749$517$348$230$150$103
34 years$719$490$325$212$136$92
35 years$690$464$304$195$123$82
36 years$664$441$285$180$111$73
37 years$639$419$266$166$101$66
38 years$615$398$250$153$92$59
39 years$593$378$234$141$83$52
40 years$571$360$219$130$75$47
41 years$551$343$205$120$68$42
42 years$532$326$193$110$62$37
43 years$514$311$181$102$56$34
44 years$497$296$170$94$51$30
45 years$480$283$159$87$46$27
46 years$464$270$150$80$42$24
47 years$449$257$141$74$38$21
48 years$435$246$132$69$35$19
49 years$421$235$124$63$32$17
50 years$408$224$117$59$29$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $418,000, adding $5,771 every year, while hoping to spend $32,957 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: 48/37/15 Blend
44$418,000$418,000$418,000$418,000
45$466,589$444,435$437,956$486,770
46$479,115$431,146$417,561$488,035
47$491,814$416,102$395,379$485,554
48$504,669$399,181$371,314$482,137
49$517,660$380,255$345,268$477,711
50$530,764$359,190$317,137$472,192
51$543,954$335,843$286,813$465,497
52$557,199$310,061$254,184$457,531
53$570,465$281,686$219,130$448,197
54$583,712$250,548$181,531$437,388
55$596,894$216,468$141,256$424,992
56$609,961$179,259$98,171$410,888
57$622,854$138,720$52,137$394,946
58$635,509$94,640$3,007$377,027
59$647,852$46,799$0$356,982
60$659,801$0$0$342,564
61$671,263$0$0$328,770
62$682,136$0$0$333,692
63$692,303$0$0$338,216
64$701,636$0$0$342,271
65$709,990$0$0$345,781
66$717,206$0$0$348,660
67$723,104$0$0$350,812
68$727,484$0$0$352,131
69$730,126$0$0$352,499
70$730,784$0$0$351,785
71$729,183$0$0$349,843
72$725,020$0$0$346,512
73$717,959$0$0$341,611
74$707,626$0$0$334,943
75$693,607$0$0$326,288
76$675,442$0$0$315,400
77$652,624$0$0$302,011
78$624,589$0$0$285,821
79$590,715$0$0$266,499
80$550,312$0$0$243,680
81$502,617$0$0$216,958
82$446,786$0$0$185,885
83$381,888$0$0$149,967
84$306,890$0$0$108,657
85$220,652$0$0$61,350
86$121,916$0$0$7,379
87$9,290$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$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