Can I retire at age 45 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$36,335$36,011$35,695$35,387$35,086$34,031
2 years$17,988$17,653$17,328$17,013$16,708$15,654
3 years$11,873$11,536$11,212$10,900$10,600$9,580
4 years$8,816$8,480$8,160$7,853$7,560$6,582
5 years$6,982$6,649$6,332$6,032$5,747$4,813
6 years$5,760$5,429$5,117$4,824$4,547$3,659
7 years$4,887$4,559$4,253$3,966$3,698$2,855
8 years$4,233$3,908$3,607$3,327$3,068$2,270
9 years$3,725$3,403$3,106$2,834$2,584$1,830
10 years$3,318$2,999$2,708$2,443$2,201$1,490
11 years$2,986$2,670$2,384$2,126$1,893$1,224
12 years$2,709$2,397$2,116$1,865$1,641$1,011
13 years$2,475$2,166$1,890$1,646$1,431$840
14 years$2,275$1,969$1,699$1,461$1,254$701
15 years$2,101$1,798$1,534$1,303$1,104$587
16 years$1,949$1,650$1,390$1,167$976$493
17 years$1,816$1,520$1,265$1,049$865$414
18 years$1,697$1,404$1,155$945$769$349
19 years$1,591$1,301$1,057$854$686$295
20 years$1,495$1,209$970$773$613$249
21 years$1,409$1,126$893$702$548$211
22 years$1,331$1,051$823$638$491$179
23 years$1,260$983$760$581$441$152
24 years$1,194$921$702$530$396$129
25 years$1,134$865$651$484$357$109
26 years$1,079$813$603$443$321$93
27 years$1,028$765$560$405$290$79
28 years$981$721$521$371$261$67
29 years$937$680$485$340$236$57
30 years$896$642$452$312$213$49
31 years$857$607$421$287$193$41
32 years$822$574$393$264$174$35
33 years$788$544$367$242$158$30
34 years$756$515$343$223$143$25
35 years$727$489$320$205$129$22
36 years$699$464$300$189$117$18
37 years$672$441$280$174$106$16
38 years$648$419$263$161$96$13
39 years$624$398$246$148$87$11
40 years$602$379$231$137$79$10
41 years$580$361$216$126$72$8
42 years$560$344$203$116$65$7
43 years$541$327$190$107$59$6
44 years$523$312$179$99$54$5
45 years$505$298$168$92$49$4
46 years$489$284$158$85$44$4
47 years$473$271$148$78$40$3
48 years$458$259$139$72$37$3
49 years$443$247$131$67$33$2
50 years$430$236$123$62$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $440,000, adding $5,984 every year, while hoping to spend $25,236 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: 41/30/29 Blend
44$440,000$440,000$440,000$440,000
45$491,052$467,732$460,912$506,796
46$514,289$463,800$449,502$514,825
47$539,050$458,830$436,864$520,716
48$565,464$452,744$422,930$526,617
49$593,672$445,459$407,629$532,543
50$623,829$436,889$390,887$538,515
51$656,105$426,942$372,627$544,558
52$690,685$415,519$352,767$550,701
53$727,773$402,518$331,223$556,977
54$767,594$387,829$307,907$563,428
55$810,392$371,337$282,726$570,099
56$856,438$352,918$255,583$577,046
57$906,027$332,443$226,377$584,331
58$959,484$309,776$195,003$592,026
59$1,017,167$284,770$161,351$600,215
60$1,079,468$257,274$125,306$608,991
61$1,146,817$227,124$86,748$618,463
62$1,219,690$194,150$45,551$628,753
63$1,298,606$158,171$1,585$640,001
64$1,384,139$118,997$0$652,365
65$1,476,918$76,424$0$680,051
66$1,577,636$30,241$0$710,667
67$1,687,054$0$0$743,996
68$1,806,010$0$0$786,871
69$1,935,427$0$0$844,426
70$2,076,318$0$0$907,138
71$2,229,800$0$0$975,508
72$2,397,100$0$0$1,050,091
73$2,579,571$0$0$1,131,496
74$2,778,699$0$0$1,220,395
75$2,996,123$0$0$1,317,526
76$3,233,645$0$0$1,423,704
77$3,493,249$0$0$1,539,823
78$3,777,121$0$0$1,666,869
79$4,087,667$0$0$1,805,929
80$4,427,534$0$0$1,958,197
81$4,799,639$0$0$2,124,991
82$5,207,196$0$0$2,307,760
83$5,653,739$0$0$2,508,102
84$6,143,166$0$0$2,727,774
85$6,679,765$0$0$2,968,713
86$7,268,263$0$0$3,233,054
87$7,913,863$0$0$3,523,146
88$8,622,297$0$0$3,841,577
89$9,399,880$0$0$4,191,199
90$10,253,568$0$0$4,575,153
91$11,191,020$0$0$4,996,898
92$12,220,678$0$0$5,460,246
93$13,351,839$0$0$5,969,396
94$14,594,744$0$0$6,528,973
95$15,960,678$0$0$7,144,075
96$17,462,070$0$0$7,820,315
97$19,112,618$0$0$8,563,879
98$20,927,407$0$0$9,381,583
99$22,923,063$0$0$10,280,934
100$25,117,898$0$0$11,270,205