Can I retire at age 45 with 419,000?

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 $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%15.6%
1 years$34,601$34,292$33,992$33,698$33,412$32,644
2 years$17,129$16,810$16,501$16,201$15,910$15,141
3 years$11,306$10,986$10,677$10,380$10,094$9,347
4 years$8,395$8,076$7,770$7,478$7,199$6,481
5 years$6,649$6,331$6,030$5,744$5,473$4,784
6 years$5,485$5,170$4,873$4,594$4,330$3,673
7 years$4,654$4,342$4,050$3,777$3,522$2,896
8 years$4,031$3,722$3,434$3,168$2,922$2,326
9 years$3,547$3,240$2,958$2,699$2,460$1,896
10 years$3,160$2,856$2,579$2,326$2,096$1,561
11 years$2,843$2,543$2,270$2,024$1,803$1,297
12 years$2,580$2,282$2,015$1,776$1,562$1,085
13 years$2,357$2,062$1,800$1,568$1,362$912
14 years$2,166$1,875$1,617$1,392$1,194$770
15 years$2,001$1,713$1,460$1,241$1,052$653
16 years$1,856$1,571$1,324$1,111$929$555
17 years$1,729$1,447$1,205$998$824$473
18 years$1,616$1,337$1,100$900$733$404
19 years$1,515$1,239$1,007$813$653$346
20 years$1,424$1,152$924$736$583$297
21 years$1,342$1,073$850$668$522$255
22 years$1,267$1,001$783$608$468$219
23 years$1,200$936$723$553$420$188
24 years$1,137$877$669$505$378$162
25 years$1,080$823$620$461$340$140
26 years$1,028$774$575$421$306$120
27 years$979$728$534$386$276$104
28 years$934$686$496$353$249$89
29 years$892$647$462$324$225$77
30 years$853$611$430$297$203$67
31 years$816$578$401$273$184$58
32 years$782$547$374$251$166$50
33 years$750$518$349$231$150$43
34 years$720$491$326$212$136$37
35 years$692$466$305$196$123$32
36 years$665$442$285$180$112$28
37 years$640$420$267$166$101$24
38 years$617$399$250$153$92$21
39 years$594$379$234$141$83$18
40 years$573$361$220$130$75$15
41 years$553$344$206$120$68$13
42 years$533$327$193$111$62$12
43 years$515$312$181$102$56$10
44 years$498$297$170$94$51$9
45 years$481$283$160$87$46$7
46 years$465$270$150$81$42$6
47 years$450$258$141$74$38$6
48 years$436$246$132$69$35$5
49 years$422$235$125$64$32$4
50 years$409$225$117$59$29$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $419,000, adding $4,670 every year, while hoping to spend $23,215 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: 47/33/20 Blend
44$419,000$419,000$419,000$419,000
45$466,555$444,348$437,854$485,631
46$489,443$441,421$427,821$496,488
47$513,888$437,572$416,674$505,568
48$540,023$432,731$404,352$514,939
49$567,996$426,826$390,789$524,638
50$597,969$419,778$375,917$534,708
51$630,118$411,503$359,666$545,199
52$664,637$401,914$341,963$556,163
53$701,741$390,918$322,729$567,665
54$741,662$378,417$301,884$579,774
55$784,658$364,306$279,343$592,570
56$831,011$348,474$255,019$606,143
57$881,031$330,807$228,819$620,594
58$935,059$311,179$200,647$636,036
59$993,468$289,460$170,403$652,599
60$1,056,671$265,513$137,980$670,425
61$1,125,120$239,191$103,271$689,676
62$1,199,311$210,340$66,159$710,533
63$1,279,792$178,798$26,527$733,196
64$1,367,163$144,392$0$757,894
65$1,462,087$106,940$0$788,242
66$1,565,290$66,251$0$827,419
67$1,677,574$22,121$0$870,102
68$1,799,818$0$0$916,673
69$1,932,991$0$0$976,874
70$2,078,160$0$0$1,051,297
71$2,236,499$0$0$1,132,518
72$2,409,299$0$0$1,221,203
73$2,597,981$0$0$1,318,089
74$2,804,112$0$0$1,423,986
75$3,029,414$0$0$1,539,785
76$3,275,784$0$0$1,666,468
77$3,545,310$0$0$1,805,116
78$3,840,294$0$0$1,956,918
79$4,163,267$0$0$2,123,187
80$4,517,018$0$0$2,305,365
81$4,904,618$0$0$2,505,042
82$5,329,449$0$0$2,723,968
83$5,795,237$0$0$2,964,073
84$6,306,084$0$0$3,227,479
85$6,866,509$0$0$3,516,527
86$7,481,489$0$0$3,833,793
87$8,156,507$0$0$4,182,115
88$8,897,602$0$0$4,564,620
89$9,711,426$0$0$4,984,752
90$10,605,308$0$0$5,446,306
91$11,587,320$0$0$5,953,461
92$12,666,356$0$0$6,510,822
93$13,852,213$0$0$7,123,463
94$15,155,685$0$0$7,796,972
95$16,588,663$0$0$8,537,507
96$18,164,249$0$0$9,351,851
97$19,896,876$0$0$10,247,480
98$21,802,447$0$0$11,232,627
99$23,898,483$0$0$12,316,367
100$26,204,289$0$0$13,508,695