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%15.2%
1 years$36,087$35,766$35,452$35,146$34,847$34,102
2 years$17,865$17,532$17,210$16,897$16,594$15,846
3 years$11,792$11,457$11,136$10,826$10,528$9,802
4 years$8,756$8,422$8,104$7,800$7,509$6,810
5 years$6,934$6,603$6,289$5,991$5,708$5,038
6 years$5,721$5,392$5,082$4,791$4,516$3,876
7 years$4,854$4,528$4,224$3,939$3,673$3,062
8 years$4,204$3,882$3,582$3,304$3,047$2,466
9 years$3,699$3,380$3,085$2,814$2,566$2,014
10 years$3,296$2,979$2,690$2,426$2,186$1,663
11 years$2,966$2,652$2,368$2,111$1,880$1,385
12 years$2,691$2,380$2,101$1,852$1,630$1,161
13 years$2,458$2,151$1,878$1,635$1,421$979
14 years$2,259$1,955$1,687$1,451$1,246$829
15 years$2,087$1,786$1,523$1,294$1,097$705
16 years$1,936$1,639$1,381$1,159$969$601
17 years$1,803$1,509$1,257$1,041$859$514
18 years$1,685$1,395$1,147$938$764$440
19 years$1,580$1,293$1,050$848$681$378
20 years$1,485$1,201$964$768$608$325
21 years$1,400$1,119$886$697$544$280
22 years$1,322$1,044$817$634$488$241
23 years$1,251$977$754$577$438$208
24 years$1,186$915$698$526$394$180
25 years$1,127$859$646$481$354$155
26 years$1,072$807$599$440$319$134
27 years$1,021$760$556$402$288$116
28 years$974$716$517$369$260$101
29 years$930$675$481$338$234$87
30 years$890$638$448$310$212$75
31 years$852$603$418$285$192$65
32 years$816$570$390$262$173$57
33 years$783$540$364$241$157$49
34 years$751$512$340$222$142$43
35 years$722$486$318$204$129$37
36 years$694$461$298$188$116$32
37 years$668$438$279$173$106$28
38 years$643$416$261$160$96$24
39 years$620$396$244$147$87$21
40 years$597$376$229$136$79$18
41 years$576$358$215$125$71$16
42 years$556$341$201$116$65$14
43 years$537$325$189$107$59$12
44 years$519$310$177$98$53$10
45 years$502$296$167$91$48$9
46 years$485$282$157$84$44$8
47 years$470$269$147$78$40$7
48 years$455$257$138$72$36$6
49 years$440$245$130$66$33$5
50 years$427$234$122$61$30$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $437,000, adding $4,410 every year, while hoping to spend $23,199 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: 73/9/18 Blend
44$437,000$437,000$437,000$437,000
45$486,123$462,962$456,188$519,253
46$511,024$460,963$446,787$539,829
47$537,687$458,090$436,293$559,121
48$566,268$454,273$424,646$579,655
49$596,937$449,442$411,781$601,548
50$629,881$443,521$397,632$624,931
51$665,305$436,429$382,129$649,949
52$703,434$428,082$365,198$676,762
53$744,516$418,390$346,764$705,546
54$788,822$407,257$326,746$736,495
55$836,651$394,581$305,061$769,825
56$888,330$380,257$281,622$805,774
57$944,221$364,170$256,337$844,603
58$1,004,718$346,202$229,111$886,603
59$1,070,259$326,225$199,846$932,093
60$1,141,321$304,105$168,436$981,427
61$1,218,430$279,701$134,774$1,034,994
62$1,302,167$252,864$98,746$1,093,226
63$1,393,168$223,434$60,234$1,156,598
64$1,492,134$191,245$19,114$1,225,636
65$1,599,836$156,120$0$1,300,918
66$1,717,121$117,872$0$1,387,842
67$1,844,924$76,304$0$1,486,583
68$1,984,271$31,208$0$1,594,274
69$2,136,293$0$0$1,711,803
70$2,302,235$0$0$1,841,896
71$2,483,467$0$0$1,987,369
72$2,681,495$0$0$2,146,345
73$2,897,981$0$0$2,320,159
74$3,134,752$0$0$2,510,281
75$3,393,821$0$0$2,718,329
76$3,677,404$0$0$2,946,086
77$3,987,941$0$0$3,195,515
78$4,328,118$0$0$3,468,777
79$4,700,897$0$0$3,768,252
80$5,109,535$0$0$4,096,562
81$5,557,622$0$0$4,456,593
82$6,049,112$0$0$4,851,527
83$6,588,359$0$0$5,284,865
84$7,180,159$0$0$5,760,466
85$7,829,797$0$0$6,282,580
86$8,543,091$0$0$6,855,887
87$9,326,454$0$0$7,485,545
88$10,186,946$0$0$8,177,234
89$11,132,348$0$0$8,937,213
90$12,171,230$0$0$9,772,375
91$13,313,035$0$0$10,690,316
92$14,568,165$0$0$11,699,404
93$15,948,079$0$0$12,808,857
94$17,465,405$0$0$14,028,832
95$19,134,053$0$0$15,370,519
96$20,969,349$0$0$16,846,246
97$22,988,179$0$0$18,469,597
98$25,209,148$0$0$20,255,539
99$27,652,756$0$0$22,220,561
100$30,341,588$0$0$24,382,832