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%11.2%
1 years$35,261$34,947$34,641$34,342$34,050$33,878
2 years$17,456$17,131$16,816$16,510$16,214$16,041
3 years$11,522$11,195$10,881$10,578$10,287$10,117
4 years$8,555$8,230$7,919$7,621$7,337$7,172
5 years$6,776$6,452$6,145$5,854$5,577$5,418
6 years$5,590$5,269$4,966$4,681$4,413$4,260
7 years$4,743$4,425$4,127$3,849$3,589$3,442
8 years$4,108$3,793$3,500$3,229$2,977$2,836
9 years$3,615$3,302$3,015$2,750$2,507$2,372
10 years$3,220$2,911$2,628$2,371$2,136$2,007
11 years$2,898$2,591$2,314$2,063$1,837$1,713
12 years$2,629$2,326$2,053$1,810$1,592$1,474
13 years$2,402$2,102$1,835$1,598$1,388$1,275
14 years$2,207$1,911$1,648$1,418$1,217$1,109
15 years$2,039$1,745$1,488$1,265$1,072$969
16 years$1,892$1,601$1,349$1,132$947$850
17 years$1,762$1,475$1,228$1,018$840$747
18 years$1,647$1,363$1,121$917$747$659
19 years$1,544$1,263$1,026$829$666$582
20 years$1,451$1,174$942$750$594$516
21 years$1,368$1,093$866$681$532$457
22 years$1,292$1,020$798$619$477$406
23 years$1,222$954$737$564$428$362
24 years$1,159$894$682$514$385$322
25 years$1,101$839$631$470$346$287
26 years$1,047$789$586$430$312$256
27 years$998$742$544$393$281$229
28 years$952$699$505$360$254$205
29 years$909$660$470$330$229$183
30 years$869$623$438$303$207$164
31 years$832$589$408$278$187$147
32 years$797$557$381$256$169$131
33 years$765$528$356$235$153$118
34 years$734$500$332$216$139$106
35 years$705$474$311$199$126$95
36 years$678$450$291$184$114$85
37 years$653$428$272$169$103$76
38 years$628$407$255$156$94$68
39 years$605$387$239$144$85$61
40 years$584$368$224$133$77$55
41 years$563$350$210$122$70$49
42 years$544$333$197$113$63$44
43 years$525$318$185$104$57$40
44 years$507$303$173$96$52$36
45 years$490$289$163$89$47$32
46 years$474$275$153$82$43$29
47 years$459$263$144$76$39$26
48 years$444$251$135$70$35$23
49 years$430$240$127$65$32$21
50 years$417$229$119$60$29$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $427,000, adding $5,226 every year, while hoping to spend $30,331 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: 75/13/12 Blend
44$427,000$427,000$427,000$427,000
45$475,945$453,314$446,695$510,117
46$492,219$443,254$429,387$523,322
47$509,137$431,685$410,483$533,471
48$526,732$418,500$389,898$543,753
49$545,040$403,588$367,540$554,172
50$564,099$386,830$343,319$564,733
51$583,952$368,099$317,134$575,440
52$604,643$347,264$288,886$586,299
53$626,220$324,183$258,467$597,318
54$648,734$298,708$225,766$608,507
55$672,242$270,682$190,666$619,875
56$696,805$239,939$153,047$631,434
57$722,486$206,303$112,781$643,199
58$749,357$169,589$69,737$655,187
59$777,494$129,601$23,775$667,417
60$806,979$86,133$0$679,912
61$837,903$38,965$0$695,932
62$870,362$0$0$715,731
63$904,462$0$0$738,051
64$940,318$0$0$767,388
65$978,055$0$0$798,269
66$1,017,808$0$0$830,807
67$1,059,727$0$0$865,125
68$1,103,971$0$0$901,354
69$1,150,716$0$0$939,640
70$1,200,155$0$0$980,142
71$1,252,497$0$0$1,023,031
72$1,307,971$0$0$1,068,497
73$1,366,826$0$0$1,116,746
74$1,429,335$0$0$1,168,002
75$1,495,798$0$0$1,222,514
76$1,566,542$0$0$1,280,550
77$1,641,923$0$0$1,342,405
78$1,722,335$0$0$1,408,404
79$1,808,207$0$0$1,478,901
80$1,900,008$0$0$1,554,284
81$1,998,255$0$0$1,634,979
82$2,103,513$0$0$1,721,453
83$2,216,403$0$0$1,814,217
84$2,337,604$0$0$1,913,835
85$2,467,866$0$0$2,020,923
86$2,608,006$0$0$2,136,157
87$2,758,925$0$0$2,260,282
88$2,921,613$0$0$2,394,115
89$3,097,156$0$0$2,538,552
90$3,286,746$0$0$2,694,579
91$3,491,695$0$0$2,863,279
92$3,713,444$0$0$3,045,843
93$3,953,579$0$0$3,243,579
94$4,213,840$0$0$3,457,927
95$4,496,143$0$0$3,690,469
96$4,802,594$0$0$3,942,945
97$5,135,511$0$0$4,217,269
98$5,497,441$0$0$4,515,547
99$5,891,188$0$0$4,840,094
100$6,319,838$0$0$5,193,460