Can I retire at age 45 with 448,000?

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 $448,000?

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$36,995$36,666$36,344$36,031$35,724$35,559
2 years$18,315$17,973$17,643$17,322$17,011$16,844
3 years$12,088$11,746$11,416$11,099$10,793$10,629
4 years$8,976$8,634$8,308$7,996$7,698$7,539
5 years$7,109$6,770$6,447$6,142$5,852$5,698
6 years$5,865$5,528$5,210$4,912$4,630$4,482
7 years$4,976$4,642$4,330$4,038$3,766$3,623
8 years$4,310$3,979$3,672$3,387$3,124$2,987
9 years$3,793$3,465$3,163$2,885$2,631$2,500
10 years$3,379$3,054$2,757$2,487$2,242$2,116
11 years$3,040$2,719$2,428$2,165$1,928$1,808
12 years$2,758$2,440$2,154$1,899$1,671$1,556
13 years$2,520$2,205$1,925$1,676$1,457$1,348
14 years$2,316$2,004$1,729$1,488$1,277$1,173
15 years$2,139$1,831$1,561$1,327$1,124$1,025
16 years$1,985$1,680$1,416$1,188$994$900
17 years$1,849$1,547$1,288$1,068$881$792
18 years$1,728$1,430$1,176$962$783$699
19 years$1,620$1,325$1,077$869$698$618
20 years$1,523$1,231$988$787$624$548
21 years$1,435$1,147$909$715$558$486
22 years$1,355$1,071$838$650$500$432
23 years$1,283$1,001$773$592$449$385
24 years$1,216$938$715$540$404$343
25 years$1,155$880$662$493$363$306
26 years$1,099$827$614$451$327$273
27 years$1,047$779$571$412$295$244
28 years$998$734$530$378$266$219
29 years$954$692$494$347$240$196
30 years$912$654$460$318$217$175
31 years$873$618$429$292$196$157
32 years$836$585$400$268$178$141
33 years$802$554$373$247$161$126
34 years$770$525$349$227$146$113
35 years$740$498$326$209$132$102
36 years$712$473$305$193$119$91
37 years$685$449$286$177$108$82
38 years$659$426$267$164$98$74
39 years$635$406$251$151$89$66
40 years$612$386$235$139$81$59
41 years$591$367$220$128$73$53
42 years$570$350$207$118$66$48
43 years$551$333$194$109$60$43
44 years$532$318$182$101$55$39
45 years$515$303$171$93$50$35
46 years$498$289$160$86$45$31
47 years$482$276$151$80$41$28
48 years$466$263$142$74$37$25
49 years$451$251$133$68$34$23
50 years$437$240$125$63$31$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $448,000, adding $5,017 every year, while hoping to spend $22,331 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: 54/20/26 Blend
44$448,000$448,000$448,000$448,000
45$498,871$475,127$468,183$521,974
46$525,996$474,648$460,107$537,975
47$555,139$473,398$451,012$552,666
48$586,483$471,314$440,841$568,204
49$620,227$468,331$429,532$584,679
50$656,592$464,381$417,023$602,190
51$695,819$459,390$403,248$620,847
52$738,173$453,281$388,137$640,773
53$783,946$445,971$371,619$662,105
54$833,457$437,372$353,617$684,996
55$887,060$427,393$334,053$709,614
56$945,140$415,936$312,844$736,146
57$1,008,124$402,897$289,905$764,802
58$1,076,480$388,166$265,144$795,813
59$1,150,722$371,627$238,467$829,435
60$1,231,417$353,158$209,777$865,953
61$1,319,188$332,629$178,970$905,683
62$1,414,719$309,902$145,940$948,975
63$1,518,765$284,831$110,573$996,219
64$1,632,155$257,265$72,754$1,047,842
65$1,755,804$227,039$32,360$1,104,324
66$1,890,715$193,984$0$1,166,191
67$2,037,996$157,917$0$1,237,009
68$2,198,863$118,647$0$1,324,220
69$2,374,659$75,972$0$1,419,590
70$2,566,858$29,679$0$1,523,954
71$2,777,086$0$0$1,638,230
72$3,007,133$0$0$1,767,936
73$3,258,967$0$0$1,917,119
74$3,534,760$0$0$2,080,538
75$3,836,900$0$0$2,259,613
76$4,168,019$0$0$2,455,910
77$4,531,013$0$0$2,671,152
78$4,929,076$0$0$2,907,239
79$5,365,722$0$0$3,166,261
80$5,844,823$0$0$3,450,521
81$6,370,644$0$0$3,762,556
82$6,947,883$0$0$4,105,162
83$7,581,714$0$0$4,481,417
84$8,277,838$0$0$4,894,712
85$9,042,535$0$0$5,348,783
86$9,882,722$0$0$5,847,745
87$10,806,020$0$0$6,396,134
88$11,820,826$0$0$6,998,943
89$12,936,388$0$0$7,661,677
90$14,162,897$0$0$8,390,399
91$15,511,581$0$0$9,191,787
92$16,994,809$0$0$10,073,203
93$18,626,209$0$0$11,042,754
94$20,420,796$0$0$12,109,375
95$22,395,115$0$0$13,282,910
96$24,567,394$0$0$14,574,204
97$26,957,716$0$0$15,995,208
98$29,588,211$0$0$17,559,090
99$32,483,262$0$0$19,280,356
100$35,669,736$0$0$21,174,995