Can I retire at age 45 with 427,000?

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 $427,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$35,261$34,947$34,641$34,342$34,050$32,815
2 years$17,456$17,131$16,816$16,510$16,214$14,984
3 years$11,522$11,195$10,881$10,578$10,287$9,100
4 years$8,555$8,230$7,919$7,621$7,337$6,202
5 years$6,776$6,452$6,145$5,854$5,577$4,497
6 years$5,590$5,269$4,966$4,681$4,413$3,389
7 years$4,743$4,425$4,127$3,849$3,589$2,620
8 years$4,108$3,793$3,500$3,229$2,977$2,064
9 years$3,615$3,302$3,015$2,750$2,507$1,647
10 years$3,220$2,911$2,628$2,371$2,136$1,328
11 years$2,898$2,591$2,314$2,063$1,837$1,079
12 years$2,629$2,326$2,053$1,810$1,592$883
13 years$2,402$2,102$1,835$1,598$1,388$725
14 years$2,207$1,911$1,648$1,418$1,217$598
15 years$2,039$1,745$1,488$1,265$1,072$495
16 years$1,892$1,601$1,349$1,132$947$411
17 years$1,762$1,475$1,228$1,018$840$342
18 years$1,647$1,363$1,121$917$747$285
19 years$1,544$1,263$1,026$829$666$238
20 years$1,451$1,174$942$750$594$198
21 years$1,368$1,093$866$681$532$166
22 years$1,292$1,020$798$619$477$139
23 years$1,222$954$737$564$428$116
24 years$1,159$894$682$514$385$97
25 years$1,101$839$631$470$346$82
26 years$1,047$789$586$430$312$68
27 years$998$742$544$393$281$57
28 years$952$699$505$360$254$48
29 years$909$660$470$330$229$40
30 years$869$623$438$303$207$34
31 years$832$589$408$278$187$29
32 years$797$557$381$256$169$24
33 years$765$528$356$235$153$20
34 years$734$500$332$216$139$17
35 years$705$474$311$199$126$14
36 years$678$450$291$184$114$12
37 years$653$428$272$169$103$10
38 years$628$407$255$156$94$8
39 years$605$387$239$144$85$7
40 years$584$368$224$133$77$6
41 years$563$350$210$122$70$5
42 years$544$333$197$113$63$4
43 years$525$318$185$104$57$4
44 years$507$303$173$96$52$3
45 years$490$289$163$89$47$2
46 years$474$275$153$82$43$2
47 years$459$263$144$76$39$2
48 years$444$251$135$70$35$1
49 years$430$240$127$65$32$1
50 years$417$229$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 $427,000, adding $3,126 every year, while hoping to spend $26,104 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: 50/40/10 Blend
44$427,000$427,000$427,000$427,000
45$473,778$451,147$444,529$496,057
46$494,329$445,479$431,646$505,963
47$516,102$438,658$417,457$513,696
48$539,192$430,601$401,890$521,496
49$563,707$421,218$384,871$529,376
50$589,762$410,414$366,321$537,353
51$617,485$398,091$346,159$545,447
52$647,013$384,143$324,301$553,681
53$678,500$368,457$300,656$562,083
54$712,111$350,916$275,132$570,684
55$748,029$331,393$247,632$579,525
56$786,454$309,758$218,054$588,647
57$827,606$285,869$186,292$598,104
58$871,725$259,579$152,235$607,953
59$919,074$230,732$115,769$618,263
60$969,943$199,162$76,771$629,112
61$1,024,651$164,694$35,116$640,588
62$1,083,545$127,145$0$652,793
63$1,147,010$86,318$0$666,838
64$1,215,466$42,008$0$685,921
65$1,289,376$0$0$706,456
66$1,369,247$0$0$731,266
67$1,455,638$0$0$778,137
68$1,549,163$0$0$828,916
69$1,650,496$0$0$883,974
70$1,760,380$0$0$943,718
71$1,879,631$0$0$1,008,598
72$2,009,145$0$0$1,079,108
73$2,149,911$0$0$1,155,790
74$2,303,013$0$0$1,239,241
75$2,469,647$0$0$1,330,120
76$2,651,126$0$0$1,429,150
77$2,848,898$0$0$1,537,126
78$3,064,555$0$0$1,654,926
79$3,299,848$0$0$1,783,513
80$3,556,707$0$0$1,923,949
81$3,837,254$0$0$2,077,402
82$4,143,826$0$0$2,245,161
83$4,478,997$0$0$2,428,640
84$4,845,598$0$0$2,629,400
85$5,246,750$0$0$2,849,158
86$5,685,887$0$0$3,089,805
87$6,166,791$0$0$3,353,425
88$6,693,626$0$0$3,642,311
89$7,270,980$0$0$3,958,988
90$7,903,905$0$0$4,306,238
91$8,597,963$0$0$4,687,127
92$9,359,283$0$0$5,105,028
93$10,194,613$0$0$5,563,659
94$11,111,389$0$0$6,067,115
95$12,117,800$0$0$6,619,906
96$13,222,865$0$0$7,227,002
97$14,436,521$0$0$7,893,874
98$15,769,716$0$0$8,626,554
99$17,234,508$0$0$9,431,684
100$18,844,182$0$0$10,316,581