Can I retire at age 45 with 434,000?

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 $434,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$35,839$35,520$35,209$34,905$34,608$34,077
2 years$17,742$17,412$17,092$16,781$16,480$15,946
3 years$11,711$11,379$11,059$10,752$10,456$9,936
4 years$8,695$8,365$8,048$7,746$7,457$6,955
5 years$6,887$6,558$6,246$5,950$5,669$5,186
6 years$5,681$5,355$5,048$4,758$4,485$4,023
7 years$4,821$4,497$4,195$3,912$3,648$3,205
8 years$4,176$3,855$3,557$3,282$3,026$2,604
9 years$3,674$3,356$3,064$2,795$2,549$2,146
10 years$3,273$2,959$2,671$2,409$2,171$1,788
11 years$2,945$2,634$2,352$2,097$1,868$1,503
12 years$2,672$2,364$2,087$1,839$1,618$1,273
13 years$2,441$2,136$1,865$1,624$1,411$1,084
14 years$2,244$1,942$1,675$1,441$1,237$927
15 years$2,072$1,774$1,513$1,286$1,089$796
16 years$1,923$1,628$1,371$1,151$963$686
17 years$1,791$1,499$1,248$1,034$854$593
18 years$1,674$1,385$1,139$932$759$514
19 years$1,569$1,284$1,043$842$676$446
20 years$1,475$1,193$957$763$604$388
21 years$1,390$1,111$880$692$541$338
22 years$1,313$1,037$811$629$485$294
23 years$1,242$970$749$573$435$257
24 years$1,178$909$693$523$391$225
25 years$1,119$853$642$477$352$196
26 years$1,064$802$595$437$317$172
27 years$1,014$754$553$400$286$150
28 years$967$711$514$366$258$132
29 years$924$671$478$336$233$116
30 years$883$633$445$308$210$101
31 years$846$599$415$283$190$89
32 years$810$566$387$260$172$78
33 years$777$536$362$239$156$68
34 years$746$508$338$220$141$60
35 years$717$482$316$203$128$53
36 years$689$458$296$187$116$46
37 years$663$435$277$172$105$41
38 years$639$413$259$158$95$36
39 years$615$393$243$146$86$31
40 years$593$374$228$135$78$28
41 years$572$356$213$124$71$24
42 years$553$339$200$115$64$21
43 years$534$323$188$106$58$19
44 years$516$308$176$98$53$16
45 years$499$293$165$90$48$14
46 years$482$280$155$83$44$13
47 years$467$267$146$77$40$11
48 years$452$255$137$71$36$10
49 years$437$244$129$66$33$9
50 years$424$233$121$61$30$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $434,000, adding $3,877 every year, while hoping to spend $40,994 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: 54/28/18 Blend
44$434,000$434,000$434,000$434,000
45$482,267$459,265$452,538$505,769
46$487,841$438,152$424,081$501,154
47$492,610$414,630$393,296$491,459
48$496,447$388,538$360,063$480,003
49$499,215$359,706$324,255$466,629
50$500,756$327,954$285,739$451,168
51$500,900$293,090$244,378$433,435
52$499,453$254,913$200,027$413,230
53$496,205$213,211$152,534$390,337
54$490,917$167,758$101,744$364,520
55$483,330$118,317$47,492$335,522
56$473,152$64,638$0$303,066
57$460,063$6,454$0$268,848
58$443,706$0$0$240,405
59$423,688$0$0$225,696
60$399,571$0$0$210,512
61$370,873$0$0$192,576
62$337,060$0$0$171,569
63$297,542$0$0$147,138
64$251,665$0$0$118,895
65$198,707$0$0$86,409
66$137,871$0$0$49,203
67$68,275$0$0$6,754
68$0$0$0$0
69$0$0$0$0
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