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%11.4%
1 years$37,161$36,830$36,507$36,191$35,884$35,672
2 years$18,396$18,054$17,722$17,400$17,087$16,874
3 years$12,142$11,798$11,467$11,148$10,841$10,633
4 years$9,016$8,673$8,345$8,032$7,732$7,530
5 years$7,141$6,800$6,476$6,169$5,878$5,683
6 years$5,891$5,552$5,234$4,933$4,651$4,463
7 years$4,999$4,663$4,349$4,056$3,782$3,602
8 years$4,330$3,997$3,688$3,403$3,138$2,964
9 years$3,810$3,480$3,177$2,898$2,642$2,476
10 years$3,394$3,068$2,770$2,498$2,252$2,093
11 years$3,054$2,731$2,438$2,174$1,936$1,784
12 years$2,771$2,451$2,164$1,907$1,678$1,533
13 years$2,531$2,215$1,933$1,684$1,463$1,325
14 years$2,326$2,013$1,737$1,495$1,283$1,151
15 years$2,149$1,839$1,568$1,333$1,129$1,004
16 years$1,994$1,688$1,422$1,193$998$879
17 years$1,857$1,554$1,294$1,072$885$772
18 years$1,735$1,436$1,181$966$787$680
19 years$1,627$1,331$1,081$873$701$600
20 years$1,529$1,237$992$791$627$531
21 years$1,441$1,152$913$718$561$470
22 years$1,361$1,075$841$653$503$417
23 years$1,288$1,006$777$594$451$370
24 years$1,222$942$718$542$405$329
25 years$1,160$884$665$495$365$293
26 years$1,104$831$617$453$329$261
27 years$1,051$782$573$414$296$233
28 years$1,003$737$533$380$267$208
29 years$958$695$496$348$241$186
30 years$916$657$462$319$218$166
31 years$877$621$430$293$197$148
32 years$840$587$402$270$178$133
33 years$806$556$375$248$161$119
34 years$774$527$350$228$146$106
35 years$743$500$328$210$132$95
36 years$715$475$306$193$120$85
37 years$688$451$287$178$109$76
38 years$662$428$269$164$99$68
39 years$638$407$252$151$89$61
40 years$615$388$236$140$81$55
41 years$594$369$221$129$74$49
42 years$573$351$207$119$67$44
43 years$553$335$195$110$61$40
44 years$535$319$183$101$55$35
45 years$517$304$172$94$50$32
46 years$500$290$161$86$45$29
47 years$484$277$151$80$41$26
48 years$468$264$142$74$37$23
49 years$454$253$134$68$34$21
50 years$439$241$126$63$31$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $450,000, adding $5,232 every year, while hoping to spend $21,889 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: 53/20/27 Blend
44$450,000$450,000$450,000$450,000
45$501,297$477,447$470,472$523,845
46$529,139$477,552$462,943$540,119
47$559,088$476,929$454,428$555,158
48$591,335$475,518$444,871$571,085
49$626,091$473,258$434,214$587,993
50$663,586$470,082$422,394$605,986
51$704,076$465,919$409,348$625,181
52$747,838$460,696$395,008$645,707
53$795,181$454,334$379,304$667,705
54$846,441$446,748$362,163$691,336
55$901,990$437,850$343,507$716,776
56$962,235$427,546$323,256$744,220
57$1,027,624$415,738$301,326$773,888
58$1,098,651$402,318$277,630$806,019
59$1,175,858$387,177$252,076$840,883
60$1,259,843$370,196$224,568$878,777
61$1,351,262$351,250$195,005$920,029
62$1,450,837$330,207$163,284$965,006
63$1,559,363$306,929$129,296$1,014,112
64$1,677,717$281,267$92,926$1,067,795
65$1,806,861$253,066$54,055$1,126,553
66$1,947,854$222,160$12,560$1,190,935
67$2,101,865$188,375$0$1,261,550
68$2,270,178$151,528$0$1,348,212
69$2,454,207$111,424$0$1,446,984
70$2,655,511$67,858$0$1,555,108
71$2,875,802$20,613$0$1,673,541
72$3,116,971$0$0$1,803,338
73$3,381,096$0$0$1,952,382
74$3,670,466$0$0$2,120,687
75$3,987,604$0$0$2,305,188
76$4,335,287$0$0$2,507,505
77$4,716,573$0$0$2,729,425
78$5,134,832$0$0$2,972,915
79$5,593,773$0$0$3,240,142
80$6,097,486$0$0$3,533,491
81$6,650,471$0$0$3,855,591
82$7,257,688$0$0$4,209,339
83$7,924,601$0$0$4,597,924
84$8,657,228$0$0$5,024,861
85$9,462,199$0$0$5,494,021
86$10,346,817$0$0$6,009,668
87$11,319,131$0$0$6,576,503
88$12,388,003$0$0$7,199,700
89$13,563,202$0$0$7,884,964
90$14,855,488$0$0$8,638,578
91$16,276,714$0$0$9,467,466
92$17,839,944$0$0$10,379,254
93$19,559,568$0$0$11,382,347
94$21,451,443$0$0$12,486,004
95$23,533,037$0$0$13,700,428
96$25,823,601$0$0$15,036,860
97$28,344,343$0$0$16,507,686
98$31,118,634$0$0$18,126,554
99$34,172,221$0$0$19,908,501
100$37,533,479$0$0$21,870,098