Can I retire at age 45 with 437,000?

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 $437,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$36,087$35,766$35,452$35,146$34,847$34,326
2 years$17,865$17,532$17,210$16,897$16,594$16,070
3 years$11,792$11,457$11,136$10,826$10,528$10,018
4 years$8,756$8,422$8,104$7,800$7,509$7,016
5 years$6,934$6,603$6,289$5,991$5,708$5,234
6 years$5,721$5,392$5,082$4,791$4,516$4,062
7 years$4,854$4,528$4,224$3,939$3,673$3,239
8 years$4,204$3,882$3,582$3,304$3,047$2,632
9 years$3,699$3,380$3,085$2,814$2,566$2,171
10 years$3,296$2,979$2,690$2,426$2,186$1,810
11 years$2,966$2,652$2,368$2,111$1,880$1,523
12 years$2,691$2,380$2,101$1,852$1,630$1,290
13 years$2,458$2,151$1,878$1,635$1,421$1,099
14 years$2,259$1,955$1,687$1,451$1,246$941
15 years$2,087$1,786$1,523$1,294$1,097$809
16 years$1,936$1,639$1,381$1,159$969$698
17 years$1,803$1,509$1,257$1,041$859$603
18 years$1,685$1,395$1,147$938$764$523
19 years$1,580$1,293$1,050$848$681$454
20 years$1,485$1,201$964$768$608$395
21 years$1,400$1,119$886$697$544$344
22 years$1,322$1,044$817$634$488$301
23 years$1,251$977$754$577$438$263
24 years$1,186$915$698$526$394$230
25 years$1,127$859$646$481$354$201
26 years$1,072$807$599$440$319$176
27 years$1,021$760$556$402$288$154
28 years$974$716$517$369$260$135
29 years$930$675$481$338$234$119
30 years$890$638$448$310$212$104
31 years$852$603$418$285$192$91
32 years$816$570$390$262$173$80
33 years$783$540$364$241$157$71
34 years$751$512$340$222$142$62
35 years$722$486$318$204$129$54
36 years$694$461$298$188$116$48
37 years$668$438$279$173$106$42
38 years$643$416$261$160$96$37
39 years$620$396$244$147$87$33
40 years$597$376$229$136$79$29
41 years$576$358$215$125$71$25
42 years$556$341$201$116$65$22
43 years$537$325$189$107$59$19
44 years$519$310$177$98$53$17
45 years$502$296$167$91$48$15
46 years$485$282$157$84$44$13
47 years$470$269$147$78$40$12
48 years$455$257$138$72$36$10
49 years$440$245$130$66$33$9
50 years$427$234$122$61$30$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $437,000, adding $2,651 every year, while hoping to spend $24,807 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: 53/17/30 Blend
44$437,000$437,000$437,000$437,000
45$484,309$461,148$454,374$505,782
46$507,314$457,349$443,201$517,187
47$531,834$452,534$430,822$526,872
48$557,997$446,624$417,171$536,929
49$585,945$439,541$402,179$547,404
50$615,830$431,197$385,771$558,350
51$647,823$421,504$367,872$569,826
52$682,109$410,365$348,403$581,898
53$718,889$397,679$327,281$594,642
54$758,389$383,338$304,417$608,140
55$800,852$367,229$279,723$622,489
56$846,547$349,231$253,101$637,794
57$895,769$329,218$224,455$654,174
58$948,842$307,054$193,679$671,762
59$1,006,123$282,598$160,665$690,708
60$1,068,001$255,700$125,302$711,177
61$1,134,908$226,200$87,470$733,358
62$1,207,316$193,931$47,048$757,456
63$1,285,743$158,715$3,905$783,705
64$1,370,762$120,364$0$812,363
65$1,462,999$78,682$0$857,205
66$1,563,146$33,458$0$907,276
67$1,671,961$0$0$961,728
68$1,790,282$0$0$1,023,911
69$1,919,025$0$0$1,098,421
70$2,059,204$0$0$1,179,589
71$2,211,932$0$0$1,268,063
72$2,378,432$0$0$1,364,558
73$2,560,052$0$0$1,469,860
74$2,758,278$0$0$1,584,837
75$2,974,740$0$0$1,710,440
76$3,211,239$0$0$1,847,719
77$3,469,752$0$0$1,997,830
78$3,752,459$0$0$2,162,043
79$4,061,758$0$0$2,341,759
80$4,400,293$0$0$2,538,522
81$4,770,972$0$0$2,754,028
82$5,176,998$0$0$2,990,147
83$5,621,899$0$0$3,248,940
84$6,109,562$0$0$3,532,675
85$6,644,263$0$0$3,843,849
86$7,230,718$0$0$4,185,214
87$7,874,116$0$0$4,559,802
88$8,580,176$0$0$4,970,950
89$9,355,195$0$0$5,422,335
90$10,206,111$0$0$5,918,009
91$11,140,566$0$0$6,462,433
92$12,166,978$0$0$7,060,523
93$13,294,622$0$0$7,717,694
94$14,533,714$0$0$8,439,913
95$15,895,509$0$0$9,233,750
96$17,392,407$0$0$10,106,448
97$19,038,068$0$0$11,065,982
98$20,847,544$0$0$12,121,143
99$22,837,415$0$0$13,281,612
100$25,025,950$0$0$14,558,059