Can I retire at age 45 with 446,000?

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 $446,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$36,830$36,502$36,182$35,870$35,565$35,193
2 years$18,233$17,893$17,564$17,245$16,936$16,562
3 years$12,034$11,693$11,365$11,049$10,745$10,380
4 years$8,936$8,596$8,271$7,960$7,663$7,310
5 years$7,077$6,739$6,419$6,114$5,825$5,485
6 years$5,839$5,503$5,187$4,890$4,609$4,282
7 years$4,954$4,622$4,311$4,020$3,749$3,435
8 years$4,291$3,962$3,656$3,372$3,110$2,810
9 years$3,776$3,449$3,149$2,872$2,619$2,332
10 years$3,364$3,040$2,745$2,476$2,232$1,958
11 years$3,027$2,707$2,417$2,155$1,919$1,658
12 years$2,746$2,429$2,145$1,890$1,663$1,415
13 years$2,509$2,195$1,916$1,669$1,450$1,214
14 years$2,306$1,996$1,722$1,481$1,271$1,047
15 years$2,130$1,823$1,554$1,321$1,119$907
16 years$1,976$1,673$1,409$1,183$989$788
17 years$1,840$1,540$1,282$1,063$877$687
18 years$1,720$1,423$1,171$958$780$600
19 years$1,612$1,319$1,072$865$695$525
20 years$1,516$1,226$984$784$621$461
21 years$1,428$1,142$905$711$556$405
22 years$1,349$1,066$834$647$498$356
23 years$1,277$997$770$589$447$314
24 years$1,211$934$712$537$402$277
25 years$1,150$876$659$491$362$244
26 years$1,094$824$612$449$326$216
27 years$1,042$775$568$411$294$191
28 years$994$731$528$376$265$169
29 years$949$689$491$345$239$149
30 years$908$651$458$317$216$132
31 years$869$615$427$291$195$117
32 years$833$582$398$267$177$104
33 years$799$551$372$246$160$92
34 years$767$523$347$226$145$82
35 years$737$496$325$208$131$72
36 years$708$470$304$192$119$64
37 years$682$447$284$177$108$57
38 years$656$425$266$163$98$51
39 years$632$404$249$150$89$45
40 years$610$384$234$138$80$40
41 years$588$366$219$128$73$35
42 years$568$348$206$118$66$31
43 years$548$332$193$109$60$28
44 years$530$316$181$100$54$25
45 years$512$302$170$93$49$22
46 years$495$288$160$86$45$20
47 years$479$275$150$79$41$17
48 years$464$262$141$73$37$15
49 years$449$250$133$68$34$14
50 years$435$239$125$63$31$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $446,000, adding $3,903 every year, while hoping to spend $23,856 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: 51/43/6 Blend
44$446,000$446,000$446,000$446,000
45$495,518$471,880$464,967$519,872
46$520,678$469,619$455,161$534,594
47$547,605$466,449$444,226$547,679
48$576,454$462,298$432,101$561,330
49$607,395$457,093$418,719$575,606
50$640,614$450,755$404,011$590,571
51$676,316$443,202$387,905$606,298
52$714,727$434,345$370,326$622,871
53$756,092$424,091$351,195$640,379
54$800,683$412,341$330,429$658,927
55$848,797$398,990$307,944$678,629
56$900,762$383,929$283,648$699,613
57$956,937$367,039$257,447$722,024
58$1,017,718$348,197$229,245$746,020
59$1,083,538$327,271$198,937$771,781
60$1,154,875$304,124$166,418$799,506
61$1,232,255$278,608$131,575$829,418
62$1,316,254$250,568$94,292$861,763
63$1,407,507$219,842$54,446$896,817
64$1,506,714$186,255$11,911$934,887
65$1,614,642$149,625$0$976,315
66$1,732,138$109,759$0$1,023,623
67$1,860,132$66,453$0$1,076,043
68$1,999,647$19,491$0$1,133,291
69$2,151,811$0$0$1,195,896
70$2,317,864$0$0$1,279,284
71$2,499,172$0$0$1,380,445
72$2,697,237$0$0$1,491,001
73$2,913,713$0$0$1,611,881
74$3,150,423$0$0$1,744,108
75$3,409,372$0$0$1,888,808
76$3,692,769$0$0$2,047,222
77$4,003,044$0$0$2,220,715
78$4,342,877$0$0$2,410,792
79$4,715,215$0$0$2,619,108
80$5,123,307$0$0$2,847,490
81$5,570,729$0$0$3,097,944
82$6,061,420$0$0$3,372,686
83$6,599,721$0$0$3,674,152
84$7,190,409$0$0$4,005,027
85$7,838,749$0$0$4,368,270
86$8,550,539$0$0$4,767,136
87$9,332,168$0$0$5,205,216
88$10,190,672$0$0$5,686,464
89$11,133,801$0$0$6,215,233
90$12,170,095$0$0$6,796,322
91$13,308,962$0$0$7,435,017
92$14,560,765$0$0$8,137,142
93$15,936,922$0$0$8,909,111
94$17,450,012$0$0$9,757,994
95$19,113,894$0$0$10,691,577
96$20,943,838$0$0$11,718,441
97$22,956,667$0$0$12,848,040
98$25,170,915$0$0$14,090,789
99$27,607,006$0$0$15,458,164
100$30,287,441$0$0$16,962,810