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%11.1%
1 years$36,748$36,420$36,101$35,789$35,485$35,321
2 years$18,192$17,853$17,525$17,206$16,898$16,732
3 years$12,007$11,667$11,340$11,024$10,721$10,558
4 years$8,916$8,577$8,252$7,942$7,646$7,488
5 years$7,061$6,724$6,404$6,101$5,812$5,660
6 years$5,825$5,491$5,176$4,879$4,599$4,452
7 years$4,943$4,611$4,301$4,011$3,740$3,599
8 years$4,281$3,953$3,647$3,365$3,103$2,967
9 years$3,767$3,441$3,142$2,866$2,613$2,483
10 years$3,356$3,033$2,739$2,471$2,227$2,102
11 years$3,020$2,701$2,411$2,150$1,915$1,796
12 years$2,740$2,424$2,140$1,886$1,659$1,546
13 years$2,503$2,190$1,912$1,665$1,447$1,339
14 years$2,300$1,991$1,718$1,478$1,268$1,165
15 years$2,125$1,819$1,551$1,318$1,117$1,018
16 years$1,972$1,669$1,406$1,180$987$893
17 years$1,836$1,537$1,280$1,060$875$786
18 years$1,716$1,420$1,168$956$778$694
19 years$1,609$1,316$1,069$864$694$614
20 years$1,512$1,223$981$782$620$544
21 years$1,425$1,139$903$710$554$483
22 years$1,346$1,063$832$645$497$429
23 years$1,274$995$768$588$446$382
24 years$1,208$932$710$536$401$341
25 years$1,147$875$658$490$361$304
26 years$1,091$822$610$448$325$272
27 years$1,040$774$567$410$293$243
28 years$992$729$527$375$264$217
29 years$947$688$490$344$239$194
30 years$906$649$457$316$216$174
31 years$867$614$426$290$195$156
32 years$831$581$397$267$176$140
33 years$797$550$371$245$160$125
34 years$765$521$347$226$145$113
35 years$735$494$324$208$131$101
36 years$707$469$303$191$119$91
37 years$680$446$284$176$108$81
38 years$655$424$266$162$97$73
39 years$631$403$249$150$88$66
40 years$608$383$233$138$80$59
41 years$587$365$219$127$73$53
42 years$567$347$205$118$66$48
43 years$547$331$193$109$60$43
44 years$529$316$181$100$54$39
45 years$511$301$170$93$49$35
46 years$494$287$159$86$45$31
47 years$478$274$150$79$41$28
48 years$463$262$141$73$37$25
49 years$448$250$132$67$34$23
50 years$434$239$124$62$30$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $445,000, adding $4,702 every year, while hoping to spend $30,548 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: 42/44/14 Blend
44$445,000$445,000$445,000$445,000
45$495,240$471,655$464,758$513,825
46$513,252$462,263$447,824$517,957
47$532,077$451,388$429,300$519,041
48$551,766$438,923$409,098$519,550
49$572,374$424,758$387,131$519,447
50$593,960$408,775$363,304$518,692
51$616,589$390,850$337,520$517,241
52$640,331$370,852$309,676$515,053
53$665,261$348,640$279,667$512,083
54$691,462$324,067$247,380$508,284
55$719,023$296,979$212,699$503,610
56$748,042$267,209$175,503$498,013
57$778,625$234,585$135,665$491,442
58$810,887$198,922$93,052$483,847
59$844,954$160,026$47,526$475,178
60$880,964$117,692$0$465,381
61$919,067$71,703$0$454,563
62$959,425$21,830$0$450,100
63$1,002,219$0$0$444,856
64$1,047,642$0$0$454,379
65$1,095,910$0$0$475,758
66$1,147,256$0$0$498,531
67$1,201,935$0$0$522,816
68$1,260,227$0$0$548,741
69$1,322,440$0$0$576,448
70$1,388,908$0$0$606,090
71$1,460,002$0$0$637,837
72$1,536,124$0$0$671,875
73$1,617,717$0$0$708,408
74$1,705,267$0$0$747,659
75$1,799,308$0$0$789,874
76$1,900,424$0$0$835,323
77$2,009,257$0$0$884,301
78$2,126,514$0$0$937,134
79$2,252,969$0$0$994,179
80$2,389,474$0$0$1,055,828
81$2,536,962$0$0$1,122,513
82$2,696,464$0$0$1,194,708
83$2,869,107$0$0$1,272,934
84$3,056,134$0$0$1,357,766
85$3,258,912$0$0$1,449,832
86$3,478,940$0$0$1,549,826
87$3,717,872$0$0$1,658,512
88$3,977,523$0$0$1,776,727
89$4,259,892$0$0$1,905,396
90$4,567,177$0$0$2,045,533
91$4,901,798$0$0$2,198,256
92$5,266,417$0$0$2,364,796
93$5,663,962$0$0$2,546,505
94$6,097,659$0$0$2,744,875
95$6,571,056$0$0$2,961,545
96$7,088,060$0$0$3,198,321
97$7,652,972$0$0$3,457,192
98$8,270,525$0$0$3,740,346
99$8,945,932$0$0$4,050,192
100$9,684,933$0$0$4,389,386