Can I retire at age 45 with 445,000?

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 $445,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$36,748$36,420$36,101$35,789$35,485$34,131
2 years$18,192$17,853$17,525$17,206$16,898$15,549
3 years$12,007$11,667$11,340$11,024$10,721$9,421
4 years$8,916$8,577$8,252$7,942$7,646$6,404
5 years$7,061$6,724$6,404$6,101$5,812$4,632
6 years$5,825$5,491$5,176$4,879$4,599$3,481
7 years$4,943$4,611$4,301$4,011$3,740$2,684
8 years$4,281$3,953$3,647$3,365$3,103$2,107
9 years$3,767$3,441$3,142$2,866$2,613$1,677
10 years$3,356$3,033$2,739$2,471$2,227$1,348
11 years$3,020$2,701$2,411$2,150$1,915$1,092
12 years$2,740$2,424$2,140$1,886$1,659$890
13 years$2,503$2,190$1,912$1,665$1,447$729
14 years$2,300$1,991$1,718$1,478$1,268$599
15 years$2,125$1,819$1,551$1,318$1,117$494
16 years$1,972$1,669$1,406$1,180$987$408
17 years$1,836$1,537$1,280$1,060$875$338
18 years$1,716$1,420$1,168$956$778$281
19 years$1,609$1,316$1,069$864$694$233
20 years$1,512$1,223$981$782$620$194
21 years$1,425$1,139$903$710$554$162
22 years$1,346$1,063$832$645$497$135
23 years$1,274$995$768$588$446$112
24 years$1,208$932$710$536$401$94
25 years$1,147$875$658$490$361$78
26 years$1,091$822$610$448$325$65
27 years$1,040$774$567$410$293$55
28 years$992$729$527$375$264$46
29 years$947$688$490$344$239$38
30 years$906$649$457$316$216$32
31 years$867$614$426$290$195$27
32 years$831$581$397$267$176$22
33 years$797$550$371$245$160$19
34 years$765$521$347$226$145$16
35 years$735$494$324$208$131$13
36 years$707$469$303$191$119$11
37 years$680$446$284$176$108$9
38 years$655$424$266$162$97$8
39 years$631$403$249$150$88$6
40 years$608$383$233$138$80$5
41 years$587$365$219$127$73$4
42 years$567$347$205$118$66$4
43 years$547$331$193$109$60$3
44 years$529$316$181$100$54$3
45 years$511$301$170$93$49$2
46 years$494$287$159$86$45$2
47 years$478$274$150$79$41$2
48 years$463$262$141$73$37$1
49 years$448$250$132$67$34$1
50 years$434$239$124$62$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $445,000, adding $5,165 every year, while hoping to spend $32,162 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: 69/6/25 Blend
44$445,000$445,000$445,000$445,000
45$495,718$472,133$465,235$526,420
46$512,061$461,047$446,600$536,565
47$528,993$448,340$426,264$543,474
48$546,540$433,899$404,133$550,280
49$564,731$417,603$380,115$556,974
50$583,593$399,326$354,109$563,544
51$603,159$378,933$326,011$569,978
52$623,463$356,281$295,714$576,265
53$644,539$331,222$263,103$582,394
54$666,425$303,595$228,060$588,352
55$689,162$273,233$190,462$594,129
56$712,794$239,958$150,179$599,712
57$737,365$203,583$107,077$605,090
58$762,928$163,910$61,015$610,252
59$789,533$120,728$11,846$615,188
60$817,239$73,818$0$619,888
61$846,107$22,944$0$635,180
62$876,203$0$0$654,294
63$907,598$0$0$676,227
64$940,370$0$0$700,708
65$974,600$0$0$726,285
66$1,010,379$0$0$753,024
67$1,047,802$0$0$781,000
68$1,086,976$0$0$810,292
69$1,128,012$0$0$840,984
70$1,171,034$0$0$873,170
71$1,216,176$0$0$906,951
72$1,263,581$0$0$942,436
73$1,313,407$0$0$979,745
74$1,365,826$0$0$1,019,006
75$1,421,022$0$0$1,060,360
76$1,479,198$0$0$1,103,961
77$1,540,575$0$0$1,149,977
78$1,605,394$0$0$1,198,588
79$1,673,916$0$0$1,249,993
80$1,746,427$0$0$1,304,411
81$1,823,241$0$0$1,362,077
82$1,904,697$0$0$1,423,250
83$1,991,170$0$0$1,488,214
84$2,083,068$0$0$1,557,277
85$2,180,836$0$0$1,630,778
86$2,284,963$0$0$1,709,089
87$2,395,984$0$0$1,792,614
88$2,514,485$0$0$1,881,799
89$2,641,108$0$0$1,977,130
90$2,776,556$0$0$2,079,141
91$2,921,600$0$0$2,188,419
92$3,077,086$0$0$2,305,605
93$3,243,942$0$0$2,431,403
94$3,423,188$0$0$2,566,588
95$3,615,940$0$0$2,712,008
96$3,823,425$0$0$2,868,596
97$4,046,992$0$0$3,037,373
98$4,288,120$0$0$3,219,466
99$4,548,436$0$0$3,416,110
100$4,829,726$0$0$3,628,660