Can I retire at age 45 with 421,000?

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 $421,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$34,766$34,456$34,154$33,859$33,571$33,402
2 years$17,211$16,890$16,580$16,278$15,986$15,815
3 years$11,360$11,038$10,728$10,430$10,142$9,975
4 years$8,435$8,114$7,807$7,514$7,234$7,071
5 years$6,681$6,362$6,059$5,771$5,499$5,342
6 years$5,511$5,195$4,896$4,616$4,351$4,200
7 years$4,676$4,362$4,069$3,795$3,539$3,393
8 years$4,051$3,739$3,451$3,183$2,936$2,796
9 years$3,564$3,256$2,972$2,711$2,472$2,338
10 years$3,175$2,870$2,591$2,337$2,106$1,978
11 years$2,857$2,555$2,281$2,034$1,812$1,689
12 years$2,592$2,293$2,025$1,784$1,570$1,453
13 years$2,368$2,072$1,809$1,575$1,369$1,257
14 years$2,176$1,884$1,625$1,398$1,200$1,094
15 years$2,010$1,721$1,467$1,247$1,057$955
16 years$1,865$1,579$1,330$1,117$934$838
17 years$1,737$1,454$1,211$1,003$828$737
18 years$1,624$1,344$1,105$904$736$650
19 years$1,522$1,245$1,012$817$656$574
20 years$1,431$1,157$928$740$586$508
21 years$1,348$1,078$854$672$525$451
22 years$1,274$1,006$787$611$470$401
23 years$1,205$941$727$556$422$357
24 years$1,143$882$672$507$379$318
25 years$1,085$827$623$463$341$283
26 years$1,033$778$577$423$307$253
27 years$984$732$536$388$277$226
28 years$938$690$498$355$250$202
29 years$896$651$464$326$226$180
30 years$857$614$432$299$204$162
31 years$820$581$403$275$185$145
32 years$786$550$376$252$167$130
33 years$754$520$351$232$151$116
34 years$724$493$328$213$137$104
35 years$695$468$306$196$124$93
36 years$669$444$287$181$112$84
37 years$643$422$268$167$102$75
38 years$620$401$251$154$92$67
39 years$597$381$235$142$84$61
40 years$576$363$221$131$76$54
41 years$555$345$207$121$69$49
42 years$536$329$194$111$62$44
43 years$518$313$182$103$57$39
44 years$500$299$171$95$51$35
45 years$484$285$161$88$47$32
46 years$468$272$151$81$42$29
47 years$453$259$142$75$39$26
48 years$438$247$133$69$35$23
49 years$424$236$125$64$32$21
50 years$411$226$118$59$29$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $421,000, adding $4,417 every year, while hoping to spend $32,925 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: 32/46/22 Blend
44$421,000$421,000$421,000$421,000
45$468,498$446,185$439,660$480,194
46$481,253$433,016$419,356$476,197
47$494,205$418,099$397,269$468,613
48$507,341$401,312$373,304$459,767
49$520,641$382,528$347,362$449,569
50$534,088$361,613$319,340$437,922
51$547,657$338,424$289,129$424,727
52$561,321$312,810$256,618$409,874
53$575,050$284,612$221,689$393,250
54$588,808$253,660$184,218$374,732
55$602,555$219,778$144,078$354,193
56$616,245$182,777$101,135$331,493
57$629,827$142,459$55,248$306,488
58$643,242$98,612$6,272$279,023
59$656,425$51,016$0$248,932
60$669,301$0$0$226,837
61$681,786$0$0$204,313
62$693,788$0$0$207,408
63$705,202$0$0$210,260
64$715,910$0$0$212,826
65$725,782$0$0$215,058
66$734,672$0$0$216,905
67$742,416$0$0$218,308
68$748,834$0$0$219,201
69$753,723$0$0$219,512
70$756,859$0$0$219,160
71$757,992$0$0$218,056
72$756,844$0$0$216,100
73$753,108$0$0$213,182
74$746,441$0$0$209,181
75$736,464$0$0$203,960
76$722,757$0$0$197,371
77$704,854$0$0$189,246
78$682,239$0$0$179,403
79$654,340$0$0$167,637
80$620,524$0$0$153,724
81$580,092$0$0$137,416
82$532,268$0$0$118,436
83$476,196$0$0$96,481
84$410,927$0$0$71,214
85$335,416$0$0$42,264
86$248,504$0$0$9,221
87$148,911$0$0$0
88$35,223$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