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%11.9%
1 years$37,491$37,157$36,831$36,513$36,203$35,914
2 years$18,560$18,214$17,879$17,554$17,239$16,949
3 years$12,250$11,903$11,569$11,247$10,937$10,653
4 years$9,096$8,750$8,419$8,103$7,801$7,526
5 years$7,204$6,860$6,534$6,224$5,930$5,664
6 years$5,943$5,602$5,280$4,977$4,692$4,437
7 years$5,043$4,704$4,388$4,092$3,816$3,571
8 years$4,368$4,033$3,721$3,433$3,166$2,931
9 years$3,843$3,511$3,205$2,924$2,666$2,441
10 years$3,424$3,095$2,794$2,520$2,272$2,056
11 years$3,081$2,755$2,460$2,194$1,954$1,748
12 years$2,795$2,473$2,183$1,924$1,693$1,497
13 years$2,554$2,235$1,951$1,699$1,476$1,290
14 years$2,347$2,031$1,753$1,508$1,294$1,117
15 years$2,168$1,856$1,582$1,345$1,139$971
16 years$2,011$1,703$1,435$1,204$1,007$847
17 years$1,873$1,568$1,305$1,082$893$742
18 years$1,751$1,449$1,192$975$794$651
19 years$1,641$1,343$1,091$881$708$572
20 years$1,543$1,248$1,001$798$632$504
21 years$1,454$1,162$921$724$566$445
22 years$1,373$1,085$849$658$507$393
23 years$1,300$1,015$784$600$455$348
24 years$1,232$951$725$547$409$308
25 years$1,170$892$671$499$368$274
26 years$1,113$839$623$457$332$243
27 years$1,061$789$578$418$299$216
28 years$1,012$744$537$383$270$192
29 years$966$702$500$351$244$171
30 years$924$663$466$322$220$152
31 years$885$626$434$296$199$135
32 years$848$593$405$272$180$120
33 years$813$561$378$250$163$107
34 years$781$532$354$230$147$96
35 years$750$504$331$212$134$85
36 years$721$479$309$195$121$76
37 years$694$455$289$180$110$68
38 years$668$432$271$166$99$60
39 years$644$411$254$153$90$54
40 years$621$391$238$141$82$48
41 years$599$372$223$130$74$43
42 years$578$354$209$120$67$38
43 years$558$338$196$111$61$34
44 years$539$322$184$102$55$31
45 years$521$307$173$94$50$27
46 years$504$293$163$87$46$24
47 years$488$279$153$81$42$22
48 years$472$267$144$74$38$19
49 years$458$255$135$69$34$17
50 years$443$243$127$64$31$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $454,000, adding $3,535 every year, while hoping to spend $35,547 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: 39/38/23 Blend
44$454,000$454,000$454,000$454,000
45$503,954$479,892$472,855$520,043
46$517,536$465,585$450,874$517,694
47$531,312$449,386$426,965$511,552
48$545,263$431,164$401,027$504,200
49$559,370$410,781$372,951$495,548
50$573,609$388,092$342,628$485,502
51$587,951$362,943$309,940$473,960
52$602,365$335,170$274,766$460,815
53$616,814$304,601$236,979$445,952
54$631,257$271,054$196,445$429,249
55$645,645$234,336$153,026$410,577
56$659,927$194,244$106,578$389,797
57$674,041$150,563$56,950$366,761
58$687,918$103,066$3,983$341,312
59$701,482$51,513$0$313,283
60$714,647$0$0$295,388
61$727,316$0$0$278,244
62$739,380$0$0$282,347
63$750,717$0$0$286,104
64$761,192$0$0$289,455
65$770,654$0$0$292,334
66$778,933$0$0$294,667
67$785,841$0$0$296,373
68$791,169$0$0$297,360
69$794,683$0$0$297,526
70$796,124$0$0$296,759
71$795,204$0$0$294,934
72$791,603$0$0$291,911
73$784,967$0$0$287,538
74$774,902$0$0$281,642
75$760,970$0$0$274,036
76$742,689$0$0$264,509
77$719,523$0$0$252,830
78$690,877$0$0$238,742
79$656,096$0$0$221,961
80$614,451$0$0$202,172
81$565,139$0$0$179,029
82$507,270$0$0$152,146
83$439,859$0$0$121,099
84$361,819$0$0$85,419
85$271,947$0$0$44,586
86$168,915$0$0$0
87$51,254$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