Can I retire at age 45 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$37,161$36,830$36,507$36,191$35,884$35,598
2 years$18,396$18,054$17,722$17,400$17,087$16,799
3 years$12,142$11,798$11,467$11,148$10,841$10,560
4 years$9,016$8,673$8,345$8,032$7,732$7,459
5 years$7,141$6,800$6,476$6,169$5,878$5,615
6 years$5,891$5,552$5,234$4,933$4,651$4,398
7 years$4,999$4,663$4,349$4,056$3,782$3,539
8 years$4,330$3,997$3,688$3,403$3,138$2,905
9 years$3,810$3,480$3,177$2,898$2,642$2,419
10 years$3,394$3,068$2,770$2,498$2,252$2,038
11 years$3,054$2,731$2,438$2,174$1,936$1,733
12 years$2,771$2,451$2,164$1,907$1,678$1,484
13 years$2,531$2,215$1,933$1,684$1,463$1,279
14 years$2,326$2,013$1,737$1,495$1,283$1,107
15 years$2,149$1,839$1,568$1,333$1,129$963
16 years$1,994$1,688$1,422$1,193$998$840
17 years$1,857$1,554$1,294$1,072$885$735
18 years$1,735$1,436$1,181$966$787$645
19 years$1,627$1,331$1,081$873$701$567
20 years$1,529$1,237$992$791$627$500
21 years$1,441$1,152$913$718$561$441
22 years$1,361$1,075$841$653$503$390
23 years$1,288$1,006$777$594$451$345
24 years$1,222$942$718$542$405$306
25 years$1,160$884$665$495$365$271
26 years$1,104$831$617$453$329$241
27 years$1,051$782$573$414$296$214
28 years$1,003$737$533$380$267$190
29 years$958$695$496$348$241$169
30 years$916$657$462$319$218$150
31 years$877$621$430$293$197$134
32 years$840$587$402$270$178$119
33 years$806$556$375$248$161$106
34 years$774$527$350$228$146$95
35 years$743$500$328$210$132$84
36 years$715$475$306$193$120$75
37 years$688$451$287$178$109$67
38 years$662$428$269$164$99$60
39 years$638$407$252$151$89$53
40 years$615$388$236$140$81$48
41 years$594$369$221$129$74$43
42 years$573$351$207$119$67$38
43 years$553$335$195$110$61$34
44 years$535$319$183$101$55$30
45 years$517$304$172$94$50$27
46 years$500$290$161$86$45$24
47 years$484$277$151$80$41$22
48 years$468$264$142$74$37$19
49 years$454$253$134$68$34$17
50 years$439$241$126$63$31$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $450,000, adding $3,401 every year, while hoping to spend $31,776 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: 89/5/6 Blend
44$450,000$450,000$450,000$450,000
45$499,408$475,558$468,583$543,475
46$516,538$465,051$450,471$562,156
47$534,351$452,964$430,688$577,867
48$552,882$439,186$409,143$594,088
49$572,169$423,600$385,743$610,844
50$592,256$406,082$360,390$628,165
51$613,185$386,499$332,983$646,080
52$635,006$364,714$303,413$664,624
53$657,770$340,577$271,571$683,831
54$681,532$313,935$237,338$703,743
55$706,353$284,623$200,594$724,401
56$732,298$252,467$161,211$745,852
57$759,437$217,282$119,056$768,149
58$787,846$178,876$73,991$791,346
59$817,608$137,042$25,871$815,504
60$848,811$91,565$0$840,692
61$881,554$42,215$0$868,613
62$915,940$0$0$899,591
63$952,084$0$0$932,684
64$990,111$0$0$969,945
65$1,030,155$0$0$1,009,184
66$1,072,364$0$0$1,050,545
67$1,116,898$0$0$1,094,185
68$1,163,931$0$0$1,140,275
69$1,213,655$0$0$1,189,003
70$1,266,278$0$0$1,240,572
71$1,322,026$0$0$1,295,206
72$1,381,148$0$0$1,353,147
73$1,443,915$0$0$1,414,662
74$1,510,624$0$0$1,480,041
75$1,581,599$0$0$1,549,603
76$1,657,196$0$0$1,623,697
77$1,737,803$0$0$1,702,703
78$1,823,846$0$0$1,787,039
79$1,915,793$0$0$1,877,163
80$2,014,155$0$0$1,973,578
81$2,119,493$0$0$2,076,832
82$2,232,421$0$0$2,187,530
83$2,353,616$0$0$2,306,333
84$2,483,818$0$0$2,433,967
85$2,623,839$0$0$2,571,231
86$2,774,573$0$0$2,718,999
87$2,936,999$0$0$2,878,232
88$3,112,194$0$0$3,049,987
89$3,301,342$0$0$3,235,424
90$3,505,741$0$0$3,435,817
91$3,726,820$0$0$3,652,567
92$3,966,149$0$0$3,887,213
93$4,225,454$0$0$4,141,449
94$4,506,634$0$0$4,417,137
95$4,811,774$0$0$4,716,322
96$5,143,171$0$0$5,041,256
97$5,503,349$0$0$5,394,415
98$5,895,086$0$0$5,778,523
99$6,321,438$0$0$6,196,577
100$6,785,766$0$0$6,651,876