Can I retire at age 45 with 419,000?

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 $419,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$34,601$34,292$33,992$33,698$33,412$32,994
2 years$17,129$16,810$16,501$16,201$15,910$15,490
3 years$11,306$10,986$10,677$10,380$10,094$9,685
4 years$8,395$8,076$7,770$7,478$7,199$6,803
5 years$6,649$6,331$6,030$5,744$5,473$5,091
6 years$5,485$5,170$4,873$4,594$4,330$3,964
7 years$4,654$4,342$4,050$3,777$3,522$3,171
8 years$4,031$3,722$3,434$3,168$2,922$2,586
9 years$3,547$3,240$2,958$2,699$2,460$2,140
10 years$3,160$2,856$2,579$2,326$2,096$1,791
11 years$2,843$2,543$2,270$2,024$1,803$1,512
12 years$2,580$2,282$2,015$1,776$1,562$1,286
13 years$2,357$2,062$1,800$1,568$1,362$1,100
14 years$2,166$1,875$1,617$1,392$1,194$946
15 years$2,001$1,713$1,460$1,241$1,052$816
16 years$1,856$1,571$1,324$1,111$929$707
17 years$1,729$1,447$1,205$998$824$614
18 years$1,616$1,337$1,100$900$733$535
19 years$1,515$1,239$1,007$813$653$466
20 years$1,424$1,152$924$736$583$408
21 years$1,342$1,073$850$668$522$357
22 years$1,267$1,001$783$608$468$313
23 years$1,200$936$723$553$420$274
24 years$1,137$877$669$505$378$241
25 years$1,080$823$620$461$340$212
26 years$1,028$774$575$421$306$187
27 years$979$728$534$386$276$164
28 years$934$686$496$353$249$145
29 years$892$647$462$324$225$128
30 years$853$611$430$297$203$113
31 years$816$578$401$273$184$99
32 years$782$547$374$251$166$88
33 years$750$518$349$231$150$77
34 years$720$491$326$212$136$68
35 years$692$466$305$196$123$60
36 years$665$442$285$180$112$53
37 years$640$420$267$166$101$47
38 years$617$399$250$153$92$42
39 years$594$379$234$141$83$37
40 years$573$361$220$130$75$33
41 years$553$344$206$120$68$29
42 years$533$327$193$111$62$25
43 years$515$312$181$102$56$23
44 years$498$297$170$94$51$20
45 years$481$283$160$87$46$18
46 years$465$270$150$81$42$16
47 years$450$258$141$74$38$14
48 years$436$246$132$69$35$12
49 years$422$235$125$64$32$11
50 years$409$225$117$59$29$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $419,000, adding $4,112 every year, while hoping to spend $28,982 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: 79/8/13 Blend
44$419,000$419,000$419,000$419,000
45$465,980$443,773$437,278$501,287
46$482,673$434,681$421,090$515,999
47$500,097$424,172$403,389$527,995
48$518,297$412,147$384,092$540,327
49$537,320$398,498$363,116$553,016
50$557,218$383,115$340,371$566,086
51$578,045$365,879$315,764$579,563
52$599,862$346,663$289,199$593,475
53$622,734$325,336$260,574$607,856
54$646,733$301,758$229,782$622,740
55$671,934$275,778$196,715$638,168
56$698,422$247,242$161,255$654,183
57$726,287$215,983$123,284$670,834
58$755,628$181,826$82,673$688,177
59$786,553$144,586$39,294$706,271
60$819,178$104,068$0$725,184
61$853,632$60,064$0$745,961
62$890,053$12,358$0$773,595
63$928,593$0$0$802,741
64$969,419$0$0$836,982
65$1,012,712$0$0$874,452
66$1,058,669$0$0$914,235
67$1,107,508$0$0$956,520
68$1,159,465$0$0$1,001,512
69$1,214,801$0$0$1,049,437
70$1,273,798$0$0$1,100,542
71$1,336,768$0$0$1,155,098
72$1,404,052$0$0$1,213,401
73$1,476,023$0$0$1,275,776
74$1,553,091$0$0$1,342,580
75$1,635,706$0$0$1,414,203
76$1,724,359$0$0$1,491,073
77$1,819,592$0$0$1,573,663
78$1,921,998$0$0$1,662,487
79$2,032,230$0$0$1,758,113
80$2,151,001$0$0$1,861,163
81$2,279,099$0$0$1,972,322
82$2,417,387$0$0$2,092,340
83$2,566,814$0$0$2,222,044
84$2,728,422$0$0$2,362,341
85$2,903,358$0$0$2,514,228
86$3,092,881$0$0$2,678,802
87$3,298,377$0$0$2,857,268
88$3,521,369$0$0$3,050,952
89$3,763,533$0$0$3,261,313
90$4,026,712$0$0$3,489,954
91$4,312,933$0$0$3,738,640
92$4,624,426$0$0$4,009,312
93$4,963,647$0$0$4,304,107
94$5,333,295$0$0$4,625,376
95$5,736,343$0$0$4,975,704
96$6,176,062$0$0$5,357,940
97$6,656,053$0$0$5,775,218
98$7,180,279$0$0$6,230,987
99$7,753,103$0$0$6,729,045
100$8,379,328$0$0$7,273,574