Can I retire at age 45 with 431,000?

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 $431,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$35,592$35,275$34,965$34,663$34,369$33,096
2 years$17,620$17,291$16,973$16,665$16,366$15,099
3 years$11,630$11,300$10,983$10,677$10,383$9,161
4 years$8,635$8,307$7,993$7,693$7,405$6,237
5 years$6,839$6,513$6,203$5,909$5,629$4,518
6 years$5,642$5,318$5,013$4,725$4,454$3,401
7 years$4,787$4,466$4,166$3,885$3,623$2,627
8 years$4,147$3,828$3,533$3,259$3,005$2,066
9 years$3,649$3,333$3,043$2,776$2,531$1,647
10 years$3,250$2,938$2,653$2,393$2,156$1,326
11 years$2,925$2,616$2,335$2,082$1,855$1,076
12 years$2,654$2,348$2,073$1,827$1,607$879
13 years$2,424$2,122$1,852$1,613$1,401$721
14 years$2,228$1,928$1,664$1,431$1,229$594
15 years$2,058$1,762$1,502$1,277$1,082$491
16 years$1,909$1,616$1,362$1,143$956$407
17 years$1,779$1,489$1,239$1,027$848$338
18 years$1,662$1,375$1,131$926$754$281
19 years$1,558$1,275$1,036$836$672$234
20 years$1,465$1,185$951$757$600$195
21 years$1,380$1,103$874$687$537$163
22 years$1,304$1,030$806$625$481$136
23 years$1,234$963$744$569$432$114
24 years$1,170$903$688$519$388$95
25 years$1,111$847$637$474$349$80
26 years$1,057$796$591$434$315$67
27 years$1,007$749$549$397$284$56
28 years$961$706$510$364$256$47
29 years$917$666$475$333$231$39
30 years$877$629$442$306$209$33
31 years$840$595$412$281$189$28
32 years$805$563$385$258$171$23
33 years$772$533$359$238$155$19
34 years$741$505$336$219$140$16
35 years$712$479$314$201$127$14
36 years$685$455$294$185$115$11
37 years$659$432$275$171$104$10
38 years$634$410$257$157$94$8
39 years$611$390$241$145$86$7
40 years$589$371$226$134$78$6
41 years$568$353$212$123$70$5
42 years$549$337$199$114$64$4
43 years$530$321$186$105$58$3
44 years$512$306$175$97$53$3
45 years$495$291$164$90$48$2
46 years$479$278$154$83$43$2
47 years$463$265$145$77$39$2
48 years$449$253$136$71$36$1
49 years$434$242$128$65$33$1
50 years$421$231$120$60$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $431,000, adding $4,093 every year, while hoping to spend $34,984 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: 59/36/5 Blend
44$431,000$431,000$431,000$431,000
45$479,184$456,341$449,660$506,789
46$490,838$441,479$427,501$510,903
47$502,508$424,716$403,427$511,010
48$514,159$405,923$377,338$510,236
49$525,751$384,961$349,126$508,498
50$537,239$361,685$318,683$505,706
51$548,571$335,941$285,892$501,763
52$559,690$307,566$250,634$496,564
53$570,530$276,389$212,782$489,995
54$581,019$242,227$172,206$481,933
55$591,076$204,889$128,767$472,246
56$600,608$164,171$82,323$460,790
57$609,514$119,859$32,725$447,410
58$617,678$71,726$0$431,939
59$624,975$19,534$0$415,273
60$631,261$0$0$398,070
61$636,378$0$0$393,026
62$640,150$0$0$394,825
63$642,380$0$0$395,602
64$642,852$0$0$395,214
65$641,323$0$0$393,502
66$637,524$0$0$390,293
67$631,158$0$0$385,391
68$621,893$0$0$378,581
69$609,363$0$0$369,623
70$593,163$0$0$358,252
71$572,842$0$0$344,176
72$547,902$0$0$327,071
73$517,792$0$0$306,575
74$481,902$0$0$282,293
75$439,557$0$0$253,783
76$390,011$0$0$220,561
77$332,438$0$0$182,088
78$265,926$0$0$137,771
79$189,467$0$0$86,952
80$101,946$0$0$28,906
81$2,131$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$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