Can I retire at age 45 with 454,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.5%
1 years$37,491$37,157$36,831$36,513$36,203$35,530
2 years$18,560$18,214$17,879$17,554$17,239$16,564
3 years$12,250$11,903$11,569$11,247$10,937$10,281
4 years$9,096$8,750$8,419$8,103$7,801$7,167
5 years$7,204$6,860$6,534$6,224$5,930$5,322
6 years$5,943$5,602$5,280$4,977$4,692$4,110
7 years$5,043$4,704$4,388$4,092$3,816$3,260
8 years$4,368$4,033$3,721$3,433$3,166$2,636
9 years$3,843$3,511$3,205$2,924$2,666$2,162
10 years$3,424$3,095$2,794$2,520$2,272$1,793
11 years$3,081$2,755$2,460$2,194$1,954$1,500
12 years$2,795$2,473$2,183$1,924$1,693$1,263
13 years$2,554$2,235$1,951$1,699$1,476$1,070
14 years$2,347$2,031$1,753$1,508$1,294$911
15 years$2,168$1,856$1,582$1,345$1,139$778
16 years$2,011$1,703$1,435$1,204$1,007$667
17 years$1,873$1,568$1,305$1,082$893$573
18 years$1,751$1,449$1,192$975$794$493
19 years$1,641$1,343$1,091$881$708$426
20 years$1,543$1,248$1,001$798$632$368
21 years$1,454$1,162$921$724$566$318
22 years$1,373$1,085$849$658$507$276
23 years$1,300$1,015$784$600$455$239
24 years$1,232$951$725$547$409$208
25 years$1,170$892$671$499$368$181
26 years$1,113$839$623$457$332$157
27 years$1,061$789$578$418$299$137
28 years$1,012$744$537$383$270$119
29 years$966$702$500$351$244$104
30 years$924$663$466$322$220$90
31 years$885$626$434$296$199$79
32 years$848$593$405$272$180$69
33 years$813$561$378$250$163$60
34 years$781$532$354$230$147$52
35 years$750$504$331$212$134$45
36 years$721$479$309$195$121$40
37 years$694$455$289$180$110$35
38 years$668$432$271$166$99$30
39 years$644$411$254$153$90$26
40 years$621$391$238$141$82$23
41 years$599$372$223$130$74$20
42 years$578$354$209$120$67$18
43 years$558$338$196$111$61$15
44 years$539$322$184$102$55$13
45 years$521$307$173$94$50$12
46 years$504$293$163$87$46$10
47 years$488$279$153$81$42$9
48 years$472$267$144$74$38$8
49 years$458$255$135$69$34$7
50 years$443$243$127$64$31$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $454,000, adding $5,527 every year, while hoping to spend $25,984 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: 57/22/21 Blend
44$454,000$454,000$454,000$454,000
45$506,009$481,947$474,910$531,707
46$529,975$477,916$463,173$545,817
47$555,515$472,816$450,171$557,927
48$582,762$466,568$435,836$570,556
49$611,861$459,087$420,094$583,762
50$642,972$450,284$402,869$597,607
51$676,271$440,064$384,081$612,162
52$711,950$428,326$363,646$627,506
53$750,218$414,964$341,478$643,729
54$791,308$399,865$317,486$660,930
55$835,473$382,910$291,573$679,220
56$882,992$363,973$263,641$698,723
57$934,170$342,920$233,586$719,579
58$989,344$319,611$201,299$741,942
59$1,048,881$293,896$166,667$765,985
60$1,113,188$265,618$129,571$791,900
61$1,182,710$234,610$89,889$819,903
62$1,257,936$200,696$47,490$850,233
63$1,339,405$163,690$2,240$883,154
64$1,427,708$123,395$0$918,964
65$1,523,497$79,603$0$968,309
66$1,627,485$32,096$0$1,022,443
67$1,740,462$0$0$1,081,305
68$1,863,291$0$0$1,150,068
69$1,996,927$0$0$1,233,369
70$2,142,415$0$0$1,324,095
71$2,300,911$0$0$1,422,971
72$2,473,682$0$0$1,530,792
73$2,662,125$0$0$1,648,436
74$2,867,777$0$0$1,776,866
75$3,092,331$0$0$1,917,145
76$3,337,648$0$0$2,070,443
77$3,605,779$0$0$2,238,045
78$3,898,982$0$0$2,421,371
79$4,219,743$0$0$2,621,980
80$4,570,797$0$0$2,841,590
81$4,955,159$0$0$3,082,093
82$5,376,147$0$0$3,345,574
83$5,837,417$0$0$3,634,327
84$6,342,992$0$0$3,950,879
85$6,897,306$0$0$4,298,013
86$7,505,241$0$0$4,678,796
87$8,172,174$0$0$5,096,604
88$8,904,029$0$0$5,555,156
89$9,707,329$0$0$6,058,549
90$10,589,260$0$0$6,611,297
91$11,557,740$0$0$7,218,370
92$12,621,489$0$0$7,885,246
93$13,790,113$0$0$8,617,957
94$15,074,196$0$0$9,423,149
95$16,485,396$0$0$10,308,146
96$18,036,558$0$0$11,281,012
97$19,741,832$0$0$12,350,636
98$21,616,810$0$0$13,526,810
99$23,678,666$0$0$14,820,319
100$25,946,325$0$0$16,243,051