Can I retire at age 45 with 449,000?

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 $449,000?

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$37,078$36,748$36,426$36,111$35,804$35,038
2 years$18,355$18,014$17,682$17,361$17,049$16,282
3 years$12,115$11,772$11,442$11,123$10,817$10,071
4 years$8,996$8,654$8,327$8,014$7,715$6,997
5 years$7,125$6,785$6,462$6,155$5,865$5,176
6 years$5,878$5,540$5,222$4,922$4,640$3,982
7 years$4,987$4,653$4,340$4,047$3,774$3,147
8 years$4,320$3,988$3,680$3,395$3,131$2,534
9 years$3,801$3,472$3,170$2,892$2,637$2,070
10 years$3,386$3,061$2,764$2,493$2,247$1,709
11 years$3,047$2,725$2,433$2,169$1,932$1,423
12 years$2,765$2,446$2,159$1,903$1,674$1,193
13 years$2,526$2,210$1,929$1,680$1,460$1,006
14 years$2,321$2,009$1,733$1,491$1,280$852
15 years$2,144$1,835$1,565$1,330$1,127$724
16 years$1,989$1,684$1,419$1,191$996$618
17 years$1,853$1,551$1,291$1,070$883$528
18 years$1,732$1,433$1,179$964$785$453
19 years$1,623$1,328$1,079$871$700$388
20 years$1,526$1,234$990$789$625$334
21 years$1,438$1,149$911$716$559$288
22 years$1,358$1,073$839$651$501$248
23 years$1,285$1,004$775$593$450$214
24 years$1,219$940$717$541$405$185
25 years$1,158$882$664$494$364$160
26 years$1,101$829$616$452$328$138
27 years$1,049$780$572$413$296$119
28 years$1,001$735$532$379$267$103
29 years$956$694$495$347$241$89
30 years$914$655$461$319$218$77
31 years$875$619$430$293$197$67
32 years$838$586$401$269$178$58
33 years$804$555$374$247$161$50
34 years$772$526$350$228$146$44
35 years$742$499$327$210$132$38
36 years$713$474$306$193$120$33
37 years$686$450$286$178$108$29
38 years$661$427$268$164$98$25
39 years$637$406$251$151$89$21
40 years$614$387$235$139$81$19
41 years$592$368$221$129$73$16
42 years$572$351$207$119$67$14
43 years$552$334$194$110$60$12
44 years$533$318$182$101$55$11
45 years$516$304$171$93$50$9
46 years$499$290$161$86$45$8
47 years$483$276$151$80$41$7
48 years$467$264$142$74$37$6
49 years$452$252$133$68$34$5
50 years$438$241$125$63$31$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $449,000, adding $2,747 every year, while hoping to spend $36,233 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: 71/5/24 Blend
44$449,000$449,000$449,000$449,000
45$497,632$473,835$466,875$529,778
46$509,838$458,501$443,964$536,273
47$522,076$441,201$419,070$538,867
48$534,309$421,802$392,091$540,833
49$546,498$400,159$362,915$542,104
50$558,597$376,123$331,429$542,611
51$570,556$349,535$297,514$542,275
52$582,316$320,226$261,044$541,011
53$593,813$288,018$221,890$538,727
54$604,974$252,723$179,915$535,322
55$615,717$214,142$134,978$530,687
56$625,951$172,065$86,930$524,702
57$635,572$126,271$35,617$517,237
58$644,467$76,525$0$508,151
59$652,507$22,579$0$502,191
60$659,549$0$0$504,338
61$665,435$0$0$507,293
62$669,989$0$0$510,435
63$673,011$0$0$512,366
64$674,285$0$0$512,915
65$673,566$0$0$511,891
66$670,585$0$0$509,082
67$665,042$0$0$504,254
68$656,604$0$0$497,145
69$644,903$0$0$487,467
70$629,530$0$0$474,900
71$610,033$0$0$459,089
72$585,910$0$0$439,641
73$556,607$0$0$416,122
74$521,509$0$0$388,050
75$479,938$0$0$354,894
76$431,141$0$0$316,065
77$374,287$0$0$270,911
78$308,459$0$0$218,715
79$232,639$0$0$158,679
80$145,707$0$0$89,926
81$46,422$0$0$11,485
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0