Can I retire at age 45 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$35,096$34,783$34,478$34,181$33,890$32,623
2 years$17,374$17,051$16,737$16,433$16,138$14,876
3 years$11,468$11,143$10,830$10,529$10,239$9,021
4 years$8,515$8,191$7,881$7,585$7,302$6,139
5 years$6,744$6,422$6,116$5,826$5,551$4,445
6 years$5,564$5,244$4,943$4,659$4,392$3,344
7 years$4,721$4,404$4,108$3,831$3,572$2,581
8 years$4,089$3,775$3,484$3,213$2,963$2,029
9 years$3,598$3,287$3,000$2,737$2,496$1,616
10 years$3,205$2,897$2,616$2,359$2,126$1,301
11 years$2,884$2,579$2,303$2,053$1,829$1,055
12 years$2,617$2,315$2,044$1,801$1,585$861
13 years$2,391$2,092$1,826$1,590$1,382$706
14 years$2,197$1,902$1,641$1,412$1,211$581
15 years$2,029$1,737$1,481$1,259$1,067$480
16 years$1,883$1,594$1,343$1,127$943$398
17 years$1,754$1,468$1,222$1,013$836$330
18 years$1,639$1,356$1,116$913$743$274
19 years$1,537$1,257$1,021$825$662$228
20 years$1,444$1,168$937$747$592$190
21 years$1,361$1,088$862$678$530$159
22 years$1,286$1,016$795$616$475$132
23 years$1,217$950$734$561$426$111
24 years$1,154$890$679$512$383$92
25 years$1,096$835$628$468$345$77
26 years$1,042$785$583$428$310$65
27 years$993$739$541$391$280$54
28 years$947$696$503$359$253$45
29 years$905$657$468$329$228$38
30 years$865$620$436$302$206$32
31 years$828$586$407$277$186$27
32 years$794$555$379$255$168$22
33 years$761$525$354$234$152$19
34 years$731$498$331$215$138$16
35 years$702$472$309$198$125$13
36 years$675$448$289$183$113$11
37 years$650$426$271$168$103$9
38 years$625$405$254$155$93$8
39 years$603$385$238$143$84$6
40 years$581$366$223$132$77$5
41 years$561$348$209$122$69$5
42 years$541$332$196$112$63$4
43 years$523$316$184$104$57$3
44 years$505$301$173$96$52$3
45 years$488$287$162$88$47$2
46 years$472$274$152$82$43$2
47 years$457$262$143$75$39$2
48 years$442$250$134$70$35$1
49 years$428$239$126$64$32$1
50 years$415$228$119$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $425,000, adding $3,671 every year, while hoping to spend $30,524 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: 82/8/10 Blend
44$425,000$425,000$425,000$425,000
45$472,137$449,612$443,024$509,815
46$487,817$439,165$425,388$524,582
47$504,074$427,184$406,138$536,371
48$520,934$413,560$385,188$548,394
49$538,425$398,181$362,448$560,658
50$556,578$380,925$337,823$573,170
51$575,424$361,665$311,215$585,939
52$594,997$340,267$282,521$598,974
53$615,335$316,588$251,634$612,284
54$636,476$290,478$218,440$625,882
55$658,463$261,777$182,824$639,780
56$681,339$230,318$144,662$653,991
57$705,154$195,922$103,827$668,531
58$729,960$158,401$60,184$683,418
59$755,811$117,558$13,596$698,670
60$782,767$73,182$0$714,310
61$810,894$25,053$0$734,216
62$840,261$0$0$756,359
63$870,944$0$0$781,717
64$903,022$0$0$810,538
65$936,584$0$0$840,694
66$971,726$0$0$872,271
67$1,008,550$0$0$905,364
68$1,047,168$0$0$940,071
69$1,087,700$0$0$976,503
70$1,130,279$0$0$1,014,778
71$1,175,048$0$0$1,055,025
72$1,222,162$0$0$1,097,385
73$1,271,790$0$0$1,142,010
74$1,324,117$0$0$1,189,067
75$1,379,343$0$0$1,238,736
76$1,437,687$0$0$1,291,216
77$1,499,388$0$0$1,346,722
78$1,564,707$0$0$1,405,489
79$1,633,929$0$0$1,467,775
80$1,707,365$0$0$1,533,860
81$1,785,354$0$0$1,604,051
82$1,868,269$0$0$1,678,684
83$1,956,517$0$0$1,758,128
84$2,050,543$0$0$1,842,783
85$2,150,836$0$0$1,933,091
86$2,257,929$0$0$2,029,534
87$2,372,408$0$0$2,132,642
88$2,494,916$0$0$2,242,993
89$2,626,156$0$0$2,361,224
90$2,766,900$0$0$2,488,032
91$2,917,996$0$0$2,624,182
92$3,080,373$0$0$2,770,515
93$3,255,052$0$0$2,927,951
94$3,443,153$0$0$3,097,503
95$3,645,907$0$0$3,280,283
96$3,864,667$0$0$3,477,512
97$4,100,916$0$0$3,690,532
98$4,356,287$0$0$3,920,816
99$4,632,574$0$0$4,169,986
100$4,931,749$0$0$4,439,822