Can I retire at age 45 with 454,000?

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 $454,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$37,491$37,157$36,831$36,513$36,203$35,030
2 years$18,560$18,214$17,879$17,554$17,239$16,069
3 years$12,250$11,903$11,569$11,247$10,937$9,806
4 years$9,096$8,750$8,419$8,103$7,801$6,717
5 years$7,204$6,860$6,534$6,224$5,930$4,896
6 years$5,943$5,602$5,280$4,977$4,692$3,710
7 years$5,043$4,704$4,388$4,092$3,816$2,885
8 years$4,368$4,033$3,721$3,433$3,166$2,285
9 years$3,843$3,511$3,205$2,924$2,666$1,835
10 years$3,424$3,095$2,794$2,520$2,272$1,489
11 years$3,081$2,755$2,460$2,194$1,954$1,218
12 years$2,795$2,473$2,183$1,924$1,693$1,003
13 years$2,554$2,235$1,951$1,699$1,476$830
14 years$2,347$2,031$1,753$1,508$1,294$689
15 years$2,168$1,856$1,582$1,345$1,139$575
16 years$2,011$1,703$1,435$1,204$1,007$480
17 years$1,873$1,568$1,305$1,082$893$402
18 years$1,751$1,449$1,192$975$794$338
19 years$1,641$1,343$1,091$881$708$284
20 years$1,543$1,248$1,001$798$632$239
21 years$1,454$1,162$921$724$566$201
22 years$1,373$1,085$849$658$507$170
23 years$1,300$1,015$784$600$455$143
24 years$1,232$951$725$547$409$121
25 years$1,170$892$671$499$368$102
26 years$1,113$839$623$457$332$86
27 years$1,061$789$578$418$299$73
28 years$1,012$744$537$383$270$62
29 years$966$702$500$351$244$52
30 years$924$663$466$322$220$44
31 years$885$626$434$296$199$37
32 years$848$593$405$272$180$32
33 years$813$561$378$250$163$27
34 years$781$532$354$230$147$23
35 years$750$504$331$212$134$19
36 years$721$479$309$195$121$16
37 years$694$455$289$180$110$14
38 years$668$432$271$166$99$12
39 years$644$411$254$153$90$10
40 years$621$391$238$141$82$8
41 years$599$372$223$130$74$7
42 years$578$354$209$120$67$6
43 years$558$338$196$111$61$5
44 years$539$322$184$102$55$4
45 years$521$307$173$94$50$4
46 years$504$293$163$87$46$3
47 years$488$279$153$81$42$3
48 years$472$267$144$74$38$2
49 years$458$255$135$69$34$2
50 years$443$243$127$64$31$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $454,000, adding $3,977 every year, while hoping to spend $28,270 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: 46/25/29 Blend
44$454,000$454,000$454,000$454,000
45$504,410$480,348$473,311$523,243
46$525,781$473,806$459,088$530,452
47$548,384$465,996$443,441$535,238
48$572,315$456,826$426,292$539,892
49$597,680$446,199$407,561$544,418
50$624,591$434,010$387,163$548,821
51$653,175$420,152$365,008$553,110
52$683,568$404,509$341,005$557,297
53$715,919$386,958$315,056$561,395
54$750,394$367,369$287,061$565,424
55$787,170$345,607$256,914$569,408
56$826,445$321,525$224,504$573,374
57$868,434$294,971$189,717$577,358
58$913,374$265,784$152,431$581,401
59$961,522$233,792$112,522$585,552
60$1,013,163$198,814$69,858$589,868
61$1,068,610$160,659$24,302$594,415
62$1,128,203$119,126$0$599,273
63$1,192,318$74,002$0$612,054
64$1,261,368$25,062$0$633,851
65$1,335,805$0$0$657,305
66$1,416,126$0$0$690,285
67$1,502,879$0$0$733,393
68$1,596,663$0$0$780,037
69$1,698,138$0$0$830,553
70$1,808,031$0$0$885,306
71$1,927,138$0$0$944,700
72$2,056,336$0$0$1,009,179
73$2,196,590$0$0$1,079,231
74$2,348,962$0$0$1,155,391
75$2,514,617$0$0$1,238,252
76$2,694,840$0$0$1,328,462
77$2,891,044$0$0$1,426,737
78$3,104,782$0$0$1,533,864
79$3,337,765$0$0$1,650,707
80$3,591,876$0$0$1,778,221
81$3,869,187$0$0$1,917,454
82$4,171,977$0$0$2,069,561
83$4,502,759$0$0$2,235,814
84$4,864,295$0$0$2,417,612
85$5,259,629$0$0$2,616,497
86$5,692,111$0$0$2,834,165
87$6,165,430$0$0$3,072,484
88$6,683,649$0$0$3,333,513
89$7,251,240$0$0$3,619,518
90$7,873,131$0$0$3,932,994
91$8,554,745$0$0$4,276,689
92$9,302,058$0$0$4,653,631
93$10,121,652$0$0$5,067,154
94$11,020,773$0$0$5,520,929
95$12,007,407$0$0$6,019,003
96$13,090,346$0$0$6,565,831
97$14,279,278$0$0$7,166,322
98$15,584,873$0$0$7,825,882
99$17,018,885$0$0$8,550,468
100$18,594,265$0$0$9,346,642