Can I retire at age 45 with 445,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.4%
1 years$36,748$36,420$36,101$35,789$35,485$34,280
2 years$18,192$17,853$17,525$17,206$16,898$15,696
3 years$12,007$11,667$11,340$11,024$10,721$9,560
4 years$8,916$8,577$8,252$7,942$7,646$6,535
5 years$7,061$6,724$6,404$6,101$5,812$4,754
6 years$5,825$5,491$5,176$4,879$4,599$3,594
7 years$4,943$4,611$4,301$4,011$3,740$2,789
8 years$4,281$3,953$3,647$3,365$3,103$2,204
9 years$3,767$3,441$3,142$2,866$2,613$1,766
10 years$3,356$3,033$2,739$2,471$2,227$1,429
11 years$3,020$2,701$2,411$2,150$1,915$1,166
12 years$2,740$2,424$2,140$1,886$1,659$957
13 years$2,503$2,190$1,912$1,665$1,447$790
14 years$2,300$1,991$1,718$1,478$1,268$654
15 years$2,125$1,819$1,551$1,318$1,117$544
16 years$1,972$1,669$1,406$1,180$987$453
17 years$1,836$1,537$1,280$1,060$875$379
18 years$1,716$1,420$1,168$956$778$317
19 years$1,609$1,316$1,069$864$694$266
20 years$1,512$1,223$981$782$620$223
21 years$1,425$1,139$903$710$554$187
22 years$1,346$1,063$832$645$497$157
23 years$1,274$995$768$588$446$132
24 years$1,208$932$710$536$401$111
25 years$1,147$875$658$490$361$94
26 years$1,091$822$610$448$325$79
27 years$1,040$774$567$410$293$67
28 years$992$729$527$375$264$56
29 years$947$688$490$344$239$47
30 years$906$649$457$316$216$40
31 years$867$614$426$290$195$34
32 years$831$581$397$267$176$28
33 years$797$550$371$245$160$24
34 years$765$521$347$226$145$20
35 years$735$494$324$208$131$17
36 years$707$469$303$191$119$14
37 years$680$446$284$176$108$12
38 years$655$424$266$162$97$10
39 years$631$403$249$150$88$9
40 years$608$383$233$138$80$7
41 years$587$365$219$127$73$6
42 years$567$347$205$118$66$5
43 years$547$331$193$109$60$4
44 years$529$316$181$100$54$4
45 years$511$301$170$93$49$3
46 years$494$287$159$86$45$3
47 years$478$274$150$79$41$2
48 years$463$262$141$73$37$2
49 years$448$250$132$67$34$2
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 $3,155 every year, while hoping to spend $33,471 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: 67/9/24 Blend
44$445,000$445,000$445,000$445,000
45$493,644$470,059$463,162$523,475
46$508,383$457,479$443,065$531,325
47$523,504$443,161$421,173$535,798
48$539,009$426,984$397,390$539,914
49$554,903$408,821$371,618$543,637
50$571,186$388,537$343,750$546,932
51$587,861$365,988$313,679$549,759
52$604,926$341,025$281,291$552,074
53$622,380$313,488$246,466$553,833
54$640,222$283,207$209,081$554,987
55$658,445$250,005$169,006$555,483
56$677,044$213,693$126,106$555,266
57$696,010$174,072$80,238$554,275
58$715,333$130,931$31,256$552,448
59$735,000$84,049$0$549,713
60$754,993$33,191$0$551,381
61$775,295$0$0$560,880
62$795,880$0$0$572,324
63$816,723$0$0$587,231
64$837,791$0$0$602,289
65$859,047$0$0$617,471
66$880,450$0$0$632,744
67$901,949$0$0$648,072
68$923,490$0$0$663,414
69$945,009$0$0$678,721
70$966,433$0$0$693,940
71$987,681$0$0$709,011
72$1,008,660$0$0$723,863
73$1,029,267$0$0$738,421
74$1,049,384$0$0$752,596
75$1,068,879$0$0$766,290
76$1,087,606$0$0$779,395
77$1,105,398$0$0$791,788
78$1,122,071$0$0$803,330
79$1,137,418$0$0$813,870
80$1,151,209$0$0$823,235
81$1,163,186$0$0$831,236
82$1,173,063$0$0$837,659
83$1,180,522$0$0$842,270
84$1,185,207$0$0$844,805
85$1,186,725$0$0$844,972
86$1,184,638$0$0$842,446
87$1,178,458$0$0$836,869
88$1,167,648$0$0$827,840
89$1,151,608$0$0$814,918
90$1,129,675$0$0$797,610
91$1,101,114$0$0$775,373
92$1,065,110$0$0$747,605
93$1,020,762$0$0$713,638
94$967,072$0$0$672,735
95$902,933$0$0$624,079
96$827,126$0$0$566,765
97$738,296$0$0$499,795
98$634,951$0$0$422,064
99$515,437$0$0$332,349
100$377,927$0$0$229,301