Can I retire at age 45 with 442,000?

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 $442,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$36,500$36,175$35,858$35,548$35,246$34,849
2 years$18,069$17,733$17,407$17,090$16,784$16,384
3 years$11,927$11,589$11,263$10,950$10,648$10,258
4 years$8,856$8,519$8,197$7,889$7,594$7,217
5 years$7,014$6,679$6,361$6,059$5,773$5,410
6 years$5,786$5,454$5,141$4,846$4,568$4,219
7 years$4,910$4,580$4,272$3,984$3,715$3,380
8 years$4,253$3,926$3,623$3,342$3,082$2,762
9 years$3,742$3,418$3,120$2,847$2,596$2,290
10 years$3,333$3,013$2,720$2,454$2,212$1,920
11 years$2,999$2,682$2,395$2,136$1,902$1,624
12 years$2,721$2,408$2,126$1,873$1,648$1,384
13 years$2,486$2,176$1,899$1,654$1,437$1,186
14 years$2,285$1,978$1,706$1,468$1,260$1,022
15 years$2,111$1,807$1,541$1,309$1,109$883
16 years$1,958$1,658$1,397$1,172$980$767
17 years$1,824$1,527$1,271$1,053$869$667
18 years$1,705$1,411$1,160$949$773$582
19 years$1,598$1,307$1,062$858$689$509
20 years$1,502$1,215$975$777$615$446
21 years$1,416$1,132$897$705$551$391
22 years$1,337$1,056$826$641$494$344
23 years$1,265$988$763$584$443$302
24 years$1,200$926$706$532$398$266
25 years$1,140$869$654$486$358$235
26 years$1,084$816$606$445$323$207
27 years$1,033$768$563$407$291$183
28 years$985$724$523$373$263$161
29 years$941$683$487$342$237$143
30 years$900$645$454$314$214$126
31 years$861$610$423$288$194$111
32 years$825$577$395$265$175$99
33 years$792$546$368$244$159$87
34 years$760$518$344$224$144$77
35 years$730$491$322$206$130$68
36 years$702$466$301$190$118$61
37 years$675$443$282$175$107$54
38 years$650$421$264$161$97$48
39 years$627$400$247$149$88$42
40 years$604$381$232$137$80$37
41 years$583$362$217$127$72$33
42 years$563$345$204$117$66$29
43 years$543$329$191$108$59$26
44 years$525$313$180$100$54$23
45 years$508$299$169$92$49$20
46 years$491$285$158$85$45$18
47 years$475$272$149$78$40$16
48 years$460$260$140$73$37$14
49 years$445$248$131$67$33$13
50 years$432$237$124$62$30$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $442,000, adding $3,606 every year, while hoping to spend $20,183 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: 43/31/26 Blend
44$442,000$442,000$442,000$442,000
45$490,804$467,378$460,527$508,055
46$519,391$468,805$454,480$522,148
47$550,218$469,625$447,554$535,207
48$583,491$469,788$439,698$548,963
49$619,439$469,239$430,859$563,492
50$658,311$467,921$420,982$578,880
51$700,382$465,772$410,009$595,220
52$745,954$462,728$397,877$612,619
53$795,360$458,721$384,525$631,194
54$848,965$453,676$369,884$651,078
55$907,171$447,517$353,887$672,417
56$970,419$440,163$336,459$695,373
57$1,039,196$431,525$317,525$720,130
58$1,114,037$421,513$297,005$746,889
59$1,195,531$410,029$274,816$775,875
60$1,284,324$396,969$250,872$807,338
61$1,381,130$382,226$225,081$841,557
62$1,486,733$365,683$197,349$878,839
63$1,601,997$347,218$167,577$919,529
64$1,727,871$326,702$135,661$964,006
65$1,865,402$303,999$101,495$1,012,693
66$2,015,743$278,964$64,964$1,066,058
67$2,180,160$251,445$25,951$1,124,622
68$2,360,050$221,280$0$1,188,961
69$2,556,950$188,298$0$1,264,063
70$2,772,554$152,320$0$1,354,251
71$3,008,726$113,154$0$1,453,141
72$3,267,518$70,601$0$1,561,640
73$3,551,192$24,448$0$1,680,749
74$3,862,239$0$0$1,811,575
75$4,203,399$0$0$1,964,049
76$4,577,696$0$0$2,140,538
77$4,988,455$0$0$2,334,278
78$5,439,342$0$0$2,547,005
79$5,934,396$0$0$2,780,631
80$6,478,062$0$0$3,037,262
81$7,075,240$0$0$3,319,219
82$7,731,328$0$0$3,629,059
83$8,452,271$0$0$3,969,598
84$9,244,618$0$0$4,343,939
85$10,115,587$0$0$4,755,500
86$11,073,128$0$0$5,208,047
87$12,125,998$0$0$5,705,729
88$13,283,849$0$0$6,253,119
89$14,557,313$0$0$6,855,253
90$15,958,102$0$0$7,517,681
91$17,499,124$0$0$8,246,517
92$19,194,600$0$0$9,048,498
93$21,060,197$0$0$9,931,047
94$23,113,178$0$0$10,902,344
95$25,372,566$0$0$11,971,401
96$27,859,320$0$0$13,148,147
97$30,596,534$0$0$14,443,525
98$33,609,653$0$0$15,869,591
99$36,926,718$0$0$17,439,630
100$40,578,622$0$0$19,168,279