Can I retire at age 45 with 451,000?

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 $451,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$37,243$36,911$36,588$36,272$35,963$35,023
2 years$18,437$18,094$17,761$17,438$17,125$16,184
3 years$12,169$11,825$11,493$11,173$10,865$9,953
4 years$9,036$8,692$8,364$8,049$7,749$6,873
5 years$7,157$6,815$6,491$6,183$5,891$5,053
6 years$5,904$5,565$5,245$4,944$4,661$3,862
7 years$5,010$4,673$4,359$4,065$3,791$3,031
8 years$4,339$4,006$3,697$3,410$3,145$2,424
9 years$3,818$3,488$3,184$2,905$2,648$1,965
10 years$3,401$3,074$2,776$2,504$2,257$1,611
11 years$3,061$2,737$2,444$2,179$1,941$1,331
12 years$2,777$2,457$2,169$1,911$1,682$1,107
13 years$2,537$2,220$1,938$1,687$1,467$926
14 years$2,331$2,018$1,741$1,498$1,286$778
15 years$2,154$1,843$1,572$1,336$1,132$656
16 years$1,998$1,691$1,425$1,196$1,000$555
17 years$1,861$1,558$1,297$1,075$887$470
18 years$1,739$1,439$1,184$969$789$399
19 years$1,631$1,334$1,084$875$703$340
20 years$1,533$1,240$995$793$628$289
21 years$1,444$1,155$915$719$562$247
22 years$1,364$1,078$843$654$504$211
23 years$1,291$1,008$779$596$452$180
24 years$1,224$944$720$543$406$154
25 years$1,163$886$667$496$366$132
26 years$1,106$833$618$454$329$113
27 years$1,054$784$574$415$297$97
28 years$1,005$739$534$380$268$83
29 years$960$697$497$349$242$71
30 years$918$658$463$320$219$61
31 years$879$622$431$294$198$52
32 years$842$589$403$270$179$45
33 years$808$557$376$249$162$39
34 years$775$528$351$229$147$33
35 years$745$501$328$210$133$28
36 years$716$476$307$194$120$24
37 years$689$452$287$179$109$21
38 years$664$429$269$165$99$18
39 years$640$408$252$152$90$15
40 years$617$388$236$140$81$13
41 years$595$370$222$129$74$11
42 years$574$352$208$119$67$10
43 years$555$336$195$110$61$8
44 years$536$320$183$102$55$7
45 years$518$305$172$94$50$6
46 years$501$291$162$87$45$5
47 years$485$278$152$80$41$5
48 years$469$265$143$74$37$4
49 years$455$253$134$68$34$3
50 years$440$242$126$63$31$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $451,000, adding $6,927 every year, while hoping to spend $25,273 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: 20/50/30 Blend
44$451,000$451,000$451,000$451,000
45$504,147$480,244$473,254$509,342
46$528,680$476,886$462,217$511,436
47$554,868$472,516$449,964$511,163
48$582,853$467,058$436,427$510,319
49$612,792$460,432$421,535$508,875
50$644,855$452,551$405,215$506,799
51$679,229$443,325$387,389$504,061
52$716,121$432,658$367,976$500,633
53$755,755$420,448$346,893$496,483
54$798,379$406,587$324,051$491,584
55$844,266$390,962$299,359$485,905
56$893,713$373,451$272,719$479,421
57$947,048$353,927$244,032$472,105
58$1,004,633$332,255$213,193$463,933
59$1,066,862$308,292$180,091$454,884
60$1,134,171$281,887$144,613$444,939
61$1,207,037$252,881$106,639$434,083
62$1,285,988$221,105$66,044$422,305
63$1,371,600$186,380$22,698$409,598
64$1,464,509$148,519$0$395,961
65$1,565,415$107,322$0$388,942
66$1,675,086$62,579$0$389,257
67$1,794,368$14,070$0$389,701
68$1,924,193$0$0$390,358
69$2,065,584$0$0$412,473
70$2,219,668$0$0$445,085
71$2,387,686$0$0$480,727
72$2,571,003$0$0$519,696
73$2,771,120$0$0$562,322
74$2,989,693$0$0$608,970
75$3,228,541$0$0$660,039
76$3,489,670$0$0$715,968
77$3,775,286$0$0$777,244
78$4,087,820$0$0$844,399
79$4,429,947$0$0$918,022
80$4,804,614$0$0$998,761
81$5,215,065$0$0$1,087,329
82$5,664,874$0$0$1,184,512
83$6,157,977$0$0$1,291,175
84$6,698,708$0$0$1,408,272
85$7,291,841$0$0$1,536,852
86$7,942,634$0$0$1,678,074
87$8,656,879$0$0$1,833,210
88$9,440,957$0$0$2,003,666
89$10,301,894$0$0$2,190,987
90$11,247,433$0$0$2,396,878
91$12,286,100$0$0$2,623,215
92$13,427,293$0$0$2,872,068
93$14,681,358$0$0$3,145,714
94$16,059,700$0$0$3,446,663
95$17,574,880$0$0$3,777,683
96$19,240,736$0$0$4,141,819
97$21,072,515$0$0$4,542,430
98$23,087,017$0$0$4,983,215
99$25,302,749$0$0$5,468,249
100$27,740,102$0$0$6,002,025