Can I retire at age 45 with 432,000?

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 $432,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$35,674$35,356$35,046$34,744$34,448$33,319
2 years$17,660$17,332$17,013$16,704$16,404$15,277
3 years$11,657$11,326$11,008$10,702$10,407$9,318
4 years$8,655$8,326$8,011$7,710$7,423$6,379
5 years$6,855$6,528$6,217$5,922$5,643$4,648
6 years$5,655$5,330$5,024$4,736$4,465$3,520
7 years$4,799$4,476$4,175$3,894$3,631$2,736
8 years$4,156$3,837$3,541$3,266$3,012$2,166
9 years$3,657$3,341$3,050$2,782$2,537$1,738
10 years$3,258$2,945$2,659$2,398$2,161$1,410
11 years$2,932$2,622$2,341$2,087$1,859$1,152
12 years$2,660$2,353$2,077$1,831$1,611$948
13 years$2,430$2,126$1,856$1,616$1,405$784
14 years$2,233$1,933$1,668$1,435$1,231$651
15 years$2,063$1,766$1,506$1,280$1,084$542
16 years$1,914$1,620$1,365$1,146$958$453
17 years$1,783$1,492$1,242$1,029$850$379
18 years$1,666$1,379$1,134$928$755$318
19 years$1,562$1,278$1,038$838$673$267
20 years$1,468$1,187$953$759$601$225
21 years$1,384$1,106$876$689$538$189
22 years$1,307$1,032$808$627$482$159
23 years$1,237$966$746$571$433$134
24 years$1,173$905$690$520$389$113
25 years$1,114$849$639$475$350$96
26 years$1,059$798$592$435$316$81
27 years$1,009$751$550$398$284$68
28 years$963$708$511$364$257$58
29 years$920$668$476$334$232$49
30 years$879$630$443$307$209$41
31 years$842$596$413$282$189$35
32 years$807$564$386$259$171$30
33 years$774$534$360$238$155$25
34 years$743$506$336$219$140$21
35 years$714$480$315$202$127$18
36 years$686$456$294$186$115$15
37 years$660$433$275$171$104$13
38 years$636$411$258$158$95$11
39 years$613$391$242$145$86$9
40 years$591$372$226$134$78$8
41 years$570$354$212$124$71$7
42 years$550$337$199$114$64$6
43 years$531$321$187$105$58$5
44 years$513$306$175$97$53$4
45 years$496$292$165$90$48$3
46 years$480$279$155$83$44$3
47 years$464$266$145$77$40$2
48 years$450$254$137$71$36$2
49 years$435$242$128$66$33$2
50 years$422$232$121$61$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $432,000, adding $4,162 every year, while hoping to spend $39,649 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: 71/8/21 Blend
44$432,000$432,000$432,000$432,000
45$480,357$457,461$450,765$511,705
46$487,167$437,690$423,680$513,371
47$493,343$415,622$394,358$510,098
48$498,778$391,102$362,683$505,533
49$503,354$363,966$328,533$499,542
50$506,938$334,042$291,781$491,980
51$509,383$301,148$252,293$482,688
52$510,526$265,090$209,930$471,491
53$510,185$225,664$164,548$458,199
54$508,157$182,656$115,994$442,604
55$504,220$135,837$64,111$424,476
56$498,125$84,967$8,733$403,565
57$489,596$29,792$0$379,598
58$478,328$0$0$363,558
59$463,982$0$0$349,292
60$446,184$0$0$334,934
61$424,520$0$0$317,537
62$398,530$0$0$296,741
63$367,706$0$0$272,149
64$331,486$0$0$243,320
65$289,250$0$0$209,769
66$240,311$0$0$170,956
67$183,908$0$0$126,288
68$119,204$0$0$75,108
69$45,271$0$0$16,689
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$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