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%15.2%
1 years$36,995$36,666$36,344$36,031$35,724$34,960
2 years$18,315$17,973$17,643$17,322$17,011$16,245
3 years$12,088$11,746$11,416$11,099$10,793$10,049
4 years$8,976$8,634$8,308$7,996$7,698$6,981
5 years$7,109$6,770$6,447$6,142$5,852$5,165
6 years$5,865$5,528$5,210$4,912$4,630$3,974
7 years$4,976$4,642$4,330$4,038$3,766$3,140
8 years$4,310$3,979$3,672$3,387$3,124$2,528
9 years$3,793$3,465$3,163$2,885$2,631$2,065
10 years$3,379$3,054$2,757$2,487$2,242$1,705
11 years$3,040$2,719$2,428$2,165$1,928$1,420
12 years$2,758$2,440$2,154$1,899$1,671$1,191
13 years$2,520$2,205$1,925$1,676$1,457$1,004
14 years$2,316$2,004$1,729$1,488$1,277$850
15 years$2,139$1,831$1,561$1,327$1,124$723
16 years$1,985$1,680$1,416$1,188$994$616
17 years$1,849$1,547$1,288$1,068$881$527
18 years$1,728$1,430$1,176$962$783$452
19 years$1,620$1,325$1,077$869$698$388
20 years$1,523$1,231$988$787$624$333
21 years$1,435$1,147$909$715$558$287
22 years$1,355$1,071$838$650$500$247
23 years$1,283$1,001$773$592$449$213
24 years$1,216$938$715$540$404$184
25 years$1,155$880$662$493$363$159
26 years$1,099$827$614$451$327$138
27 years$1,047$779$571$412$295$119
28 years$998$734$530$378$266$103
29 years$954$692$494$347$240$89
30 years$912$654$460$318$217$77
31 years$873$618$429$292$196$67
32 years$836$585$400$268$178$58
33 years$802$554$373$247$161$50
34 years$770$525$349$227$146$44
35 years$740$498$326$209$132$38
36 years$712$473$305$193$119$33
37 years$685$449$286$177$108$28
38 years$659$426$267$164$98$25
39 years$635$406$251$151$89$21
40 years$612$386$235$139$81$19
41 years$591$367$220$128$73$16
42 years$570$350$207$118$66$14
43 years$551$333$194$109$60$12
44 years$532$318$182$101$55$11
45 years$515$303$171$93$50$9
46 years$498$289$160$86$45$8
47 years$482$276$151$80$41$7
48 years$466$263$142$74$37$6
49 years$451$251$133$68$34$5
50 years$437$240$125$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $448,000, adding $6,284 every year, while hoping to spend $22,879 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: 58/31/11 Blend
44$448,000$448,000$448,000$448,000
45$500,178$476,434$469,490$527,493
46$526,853$475,436$460,875$545,645
47$555,482$473,623$451,204$562,314
48$586,240$470,929$440,419$579,933
49$619,320$467,288$428,456$598,596
50$654,933$462,627$415,251$618,407
51$693,309$456,869$400,735$639,481
52$734,705$449,934$384,838$661,947
53$779,400$441,735$367,485$685,947
54$827,700$432,182$348,597$711,639
55$879,945$421,178$328,095$739,199
56$936,504$408,621$305,891$768,821
57$997,788$394,403$281,898$800,721
58$1,064,243$378,410$256,023$835,139
59$1,136,364$360,521$228,168$872,339
60$1,214,695$340,608$198,233$912,615
61$1,299,831$318,535$166,111$956,293
62$1,392,430$294,159$131,692$1,003,735
63$1,493,215$267,330$94,861$1,055,339
64$1,602,980$237,887$55,496$1,111,548
65$1,722,602$205,661$13,473$1,172,853
66$1,853,042$170,473$0$1,239,796
67$1,995,362$132,136$0$1,316,660
68$2,150,727$90,449$0$1,402,355
69$2,320,423$45,203$0$1,496,050
70$2,505,863$0$0$1,598,577
71$2,708,604$0$0$1,712,158
72$2,930,359$0$0$1,853,294
73$3,173,015$0$0$2,007,771
74$3,438,651$0$0$2,176,916
75$3,729,555$0$0$2,362,190
76$4,048,246$0$0$2,565,204
77$4,397,499$0$0$2,787,731
78$4,780,370$0$0$3,031,724
79$5,200,226$0$0$3,299,332
80$5,660,772$0$0$3,592,925
81$6,166,094$0$0$3,915,112
82$6,720,688$0$0$4,268,767
83$7,329,508$0$0$4,657,056
84$7,998,013$0$0$5,083,465
85$8,732,213$0$0$5,551,837
86$9,538,731$0$0$6,066,404
87$10,424,862$0$0$6,631,827
88$11,398,645$0$0$7,253,243
89$12,468,932$0$0$7,936,310
90$13,645,478$0$0$8,687,262
91$14,939,031$0$0$9,512,966
92$16,361,431$0$0$10,420,989
93$17,925,721$0$0$11,419,669
94$19,646,275$0$0$12,518,190
95$21,538,928$0$0$13,726,672
96$23,621,127$0$0$15,056,265
97$25,912,094$0$0$16,519,255
98$28,433,011$0$0$18,129,178
99$31,207,214$0$0$19,900,950
100$34,260,419$0$0$21,851,005