Can I retire at age 45 with 430,000?

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 $430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$35,509$35,193$34,884$34,583$34,289$33,638
2 years$17,579$17,251$16,934$16,626$16,328$15,675
3 years$11,603$11,274$10,957$10,653$10,359$9,724
4 years$8,615$8,288$7,974$7,675$7,388$6,776
5 years$6,823$6,498$6,188$5,895$5,616$5,029
6 years$5,629$5,306$5,001$4,714$4,444$3,882
7 years$4,776$4,456$4,156$3,876$3,614$3,077
8 years$4,137$3,819$3,525$3,251$2,998$2,487
9 years$3,640$3,325$3,036$2,769$2,525$2,038
10 years$3,243$2,931$2,647$2,387$2,151$1,689
11 years$2,918$2,610$2,330$2,078$1,850$1,412
12 years$2,648$2,342$2,068$1,822$1,603$1,189
13 years$2,419$2,117$1,847$1,609$1,398$1,006
14 years$2,223$1,924$1,660$1,428$1,226$856
15 years$2,053$1,758$1,499$1,274$1,079$731
16 years$1,905$1,613$1,359$1,140$954$626
17 years$1,774$1,485$1,236$1,025$846$537
18 years$1,658$1,372$1,129$923$752$462
19 years$1,555$1,272$1,033$834$670$399
20 years$1,461$1,182$948$756$599$344
21 years$1,377$1,101$872$686$536$298
22 years$1,301$1,028$804$624$480$258
23 years$1,231$961$742$568$431$223
24 years$1,167$900$686$518$387$194
25 years$1,109$845$636$473$349$168
26 years$1,055$794$590$433$314$146
27 years$1,005$747$548$396$283$127
28 years$958$704$509$363$255$111
29 years$915$664$474$333$231$96
30 years$875$627$441$305$208$84
31 years$838$593$411$280$188$73
32 years$803$561$384$258$170$64
33 years$770$532$358$237$154$55
34 years$739$504$335$218$140$48
35 years$710$478$313$201$127$42
36 years$683$454$293$185$115$37
37 years$657$431$274$170$104$32
38 years$633$409$257$157$94$28
39 years$610$389$240$145$85$24
40 years$588$370$225$133$77$21
41 years$567$353$211$123$70$18
42 years$547$336$198$114$64$16
43 years$529$320$186$105$58$14
44 years$511$305$175$97$53$12
45 years$494$291$164$89$48$11
46 years$478$277$154$83$43$9
47 years$462$265$145$76$39$8
48 years$447$253$136$71$36$7
49 years$433$241$128$65$32$6
50 years$420$231$120$60$29$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $430,000, adding $3,211 every year, while hoping to spend $24,262 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: 24/50/26 Blend
44$430,000$430,000$430,000$430,000
45$477,172$454,382$447,717$484,641
46$500,029$450,832$436,901$487,598
47$524,404$446,295$424,910$488,490
48$550,427$440,697$411,677$488,929
49$578,239$433,960$397,137$488,894
50$607,995$426,000$381,217$488,362
51$639,866$416,729$363,843$487,313
52$674,038$406,054$344,937$485,727
53$710,716$393,877$324,419$483,584
54$750,125$380,093$302,203$480,866
55$792,512$364,592$278,201$477,556
56$838,147$347,255$252,319$473,640
57$887,328$327,961$224,462$469,106
58$940,381$306,577$194,528$463,944
59$997,666$282,966$162,411$458,148
60$1,059,578$256,981$128,001$451,718
61$1,126,549$228,467$91,183$444,654
62$1,199,056$197,261$51,837$436,965
63$1,277,624$163,190$9,837$428,666
64$1,362,827$126,073$0$419,778
65$1,455,301$85,715$0$420,036
66$1,555,740$41,914$0$423,317
67$1,664,913$0$0$426,980
68$1,783,662$0$0$434,178
69$1,912,914$0$0$467,179
70$2,053,690$0$0$503,191
71$2,207,114$0$0$542,510
72$2,374,421$0$0$585,460
73$2,556,972$0$0$632,402
74$2,756,265$0$0$683,729
75$2,973,948$0$0$739,877
76$3,211,836$0$0$801,323
77$3,471,927$0$0$868,595
78$3,756,420$0$0$942,274
79$4,067,737$0$0$1,022,997
80$4,408,547$0$0$1,111,470
81$4,781,784$0$0$1,208,467
82$5,190,684$0$0$1,314,842
83$5,638,808$0$0$1,431,536
84$6,130,080$0$0$1,559,583
85$6,668,818$0$0$1,700,125
86$7,259,782$0$0$1,854,418
87$7,908,213$0$0$2,023,847
88$8,619,884$0$0$2,209,937
89$9,401,153$0$0$2,414,367
90$10,259,027$0$0$2,638,987
91$11,201,220$0$0$2,885,838
92$12,236,235$0$0$3,157,163
93$13,373,434$0$0$3,455,439
94$14,623,134$0$0$3,783,390
95$15,996,700$0$0$4,144,021
96$17,506,654$0$0$4,540,640
97$19,166,788$0$0$4,976,892
98$20,992,302$0$0$5,456,795
99$22,999,939$0$0$5,984,775
100$25,208,147$0$0$6,565,707