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%15.9%
1 years$36,335$36,011$35,695$35,387$35,086$34,238
2 years$17,988$17,653$17,328$17,013$16,708$15,858
3 years$11,873$11,536$11,212$10,900$10,600$9,776
4 years$8,816$8,480$8,160$7,853$7,560$6,768
5 years$6,982$6,649$6,332$6,032$5,747$4,988
6 years$5,760$5,429$5,117$4,824$4,547$3,823
7 years$4,887$4,559$4,253$3,966$3,698$3,009
8 years$4,233$3,908$3,607$3,327$3,068$2,413
9 years$3,725$3,403$3,106$2,834$2,584$1,963
10 years$3,318$2,999$2,708$2,443$2,201$1,614
11 years$2,986$2,670$2,384$2,126$1,893$1,338
12 years$2,709$2,397$2,116$1,865$1,641$1,117
13 years$2,475$2,166$1,890$1,646$1,431$937
14 years$2,275$1,969$1,699$1,461$1,254$790
15 years$2,101$1,798$1,534$1,303$1,104$668
16 years$1,949$1,650$1,390$1,167$976$567
17 years$1,816$1,520$1,265$1,049$865$482
18 years$1,697$1,404$1,155$945$769$411
19 years$1,591$1,301$1,057$854$686$351
20 years$1,495$1,209$970$773$613$300
21 years$1,409$1,126$893$702$548$257
22 years$1,331$1,051$823$638$491$220
23 years$1,260$983$760$581$441$189
24 years$1,194$921$702$530$396$162
25 years$1,134$865$651$484$357$140
26 years$1,079$813$603$443$321$120
27 years$1,028$765$560$405$290$103
28 years$981$721$521$371$261$89
29 years$937$680$485$340$236$76
30 years$896$642$452$312$213$66
31 years$857$607$421$287$193$57
32 years$822$574$393$264$174$49
33 years$788$544$367$242$158$42
34 years$756$515$343$223$143$36
35 years$727$489$320$205$129$31
36 years$699$464$300$189$117$27
37 years$672$441$280$174$106$23
38 years$648$419$263$161$96$20
39 years$624$398$246$148$87$17
40 years$602$379$231$137$79$15
41 years$580$361$216$126$72$13
42 years$560$344$203$116$65$11
43 years$541$327$190$107$59$10
44 years$523$312$179$99$54$8
45 years$505$298$168$92$49$7
46 years$489$284$158$85$44$6
47 years$473$271$148$78$40$5
48 years$458$259$139$72$37$5
49 years$443$247$131$67$33$4
50 years$430$236$123$62$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $440,000, adding $2,100 every year, while hoping to spend $32,594 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: 62/13/25 Blend
44$440,000$440,000$440,000$440,000
45$487,046$463,726$456,906$513,892
46$502,045$451,769$437,533$520,377
47$517,482$438,133$416,418$523,694
48$533,366$422,703$393,469$526,601
49$549,708$405,354$368,589$529,063
50$566,518$385,956$341,676$531,043
51$583,805$364,371$312,625$532,501
52$601,581$340,453$281,326$533,397
53$619,854$314,046$247,662$533,685
54$638,633$284,989$211,513$533,319
55$657,928$253,108$172,753$532,249
56$677,747$218,220$131,250$530,422
57$698,097$180,133$86,867$527,781
58$718,987$138,644$39,461$524,267
59$740,423$93,536$0$519,817
60$762,410$44,584$0$517,331
61$784,953$0$0$525,197
62$808,057$0$0$534,054
63$831,723$0$0$549,655
64$855,951$0$0$565,622
65$880,742$0$0$581,956
66$906,093$0$0$598,652
67$931,998$0$0$615,708
68$958,449$0$0$633,117
69$985,438$0$0$650,873
70$1,012,950$0$0$668,964
71$1,040,969$0$0$687,379
72$1,069,474$0$0$706,103
73$1,098,439$0$0$725,119
74$1,127,836$0$0$744,404
75$1,157,627$0$0$763,934
76$1,187,772$0$0$783,679
77$1,218,221$0$0$803,606
78$1,248,920$0$0$823,676
79$1,279,802$0$0$843,842
80$1,310,794$0$0$864,054
81$1,341,812$0$0$884,254
82$1,372,759$0$0$904,374
83$1,403,527$0$0$924,338
84$1,433,991$0$0$944,062
85$1,464,012$0$0$963,450
86$1,493,434$0$0$982,392
87$1,522,080$0$0$1,000,768
88$1,549,752$0$0$1,018,440
89$1,576,228$0$0$1,035,256
90$1,601,258$0$0$1,051,045
91$1,624,566$0$0$1,065,616
92$1,645,841$0$0$1,078,754
93$1,664,736$0$0$1,090,223
94$1,680,865$0$0$1,099,757
95$1,693,799$0$0$1,107,060
96$1,703,059$0$0$1,111,805
97$1,708,113$0$0$1,113,627
98$1,708,370$0$0$1,112,120
99$1,703,173$0$0$1,106,833
100$1,691,793$0$0$1,097,267