Can I retire at age 45 with 455,000?

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 $455,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$37,573$37,239$36,912$36,594$36,282$35,550
2 years$18,601$18,254$17,919$17,593$17,277$16,542
3 years$12,277$11,929$11,595$11,272$10,961$10,247
4 years$9,116$8,769$8,438$8,121$7,818$7,130
5 years$7,220$6,875$6,548$6,238$5,943$5,283
6 years$5,956$5,614$5,292$4,988$4,702$4,071
7 years$5,054$4,715$4,398$4,101$3,824$3,222
8 years$4,378$4,041$3,729$3,440$3,173$2,599
9 years$3,852$3,519$3,212$2,930$2,672$2,127
10 years$3,431$3,102$2,800$2,526$2,277$1,759
11 years$3,088$2,761$2,465$2,198$1,958$1,468
12 years$2,801$2,478$2,188$1,928$1,697$1,233
13 years$2,559$2,240$1,955$1,702$1,480$1,042
14 years$2,352$2,036$1,756$1,511$1,297$884
15 years$2,173$1,860$1,586$1,348$1,142$753
16 years$2,016$1,706$1,438$1,207$1,009$644
17 years$1,878$1,571$1,308$1,084$895$552
18 years$1,755$1,452$1,194$977$796$474
19 years$1,645$1,346$1,093$883$709$408
20 years$1,546$1,251$1,003$800$633$351
21 years$1,457$1,165$923$726$567$303
22 years$1,376$1,087$851$660$508$262
23 years$1,303$1,017$785$601$456$226
24 years$1,235$953$726$548$410$196
25 years$1,173$894$673$501$369$170
26 years$1,116$840$624$458$332$147
27 years$1,063$791$579$419$300$128
28 years$1,014$745$539$384$270$111
29 years$969$703$501$352$244$96
30 years$926$664$467$323$221$83
31 years$887$628$435$297$199$72
32 years$850$594$406$273$180$63
33 years$815$562$379$251$163$55
34 years$782$533$354$231$148$48
35 years$752$506$331$212$134$41
36 years$723$480$310$196$121$36
37 years$695$456$290$180$110$31
38 years$670$433$272$166$100$27
39 years$645$412$254$153$90$24
40 years$622$392$239$141$82$21
41 years$600$373$224$130$74$18
42 years$579$355$210$120$67$16
43 years$559$338$197$111$61$14
44 years$541$323$185$103$56$12
45 years$523$308$174$95$50$10
46 years$505$294$163$87$46$9
47 years$489$280$153$81$42$8
48 years$473$267$144$75$38$7
49 years$459$255$135$69$34$6
50 years$444$244$127$64$31$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $455,000, adding $2,401 every year, while hoping to spend $22,309 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: 55/23/22 Blend
44$455,000$455,000$455,000$455,000
45$503,887$479,772$472,719$528,457
46$531,546$479,544$464,819$545,330
47$561,280$478,557$455,906$561,142
48$593,275$476,751$445,923$577,887
49$627,738$474,061$434,810$595,658
50$664,895$470,418$422,505$614,564
51$704,996$465,750$408,940$634,722
52$748,315$459,981$394,049$656,265
53$795,151$453,028$377,757$679,338
54$845,835$444,805$359,991$704,104
55$900,732$435,221$340,672$730,743
56$960,239$424,180$319,717$759,456
57$1,024,796$411,577$297,040$790,463
58$1,094,886$397,306$272,552$824,012
59$1,171,041$381,250$246,159$860,376
60$1,253,844$363,288$217,762$899,857
61$1,343,939$343,293$187,260$942,790
62$1,442,033$321,126$154,546$989,548
63$1,548,905$296,646$119,508$1,040,541
64$1,665,411$269,699$82,029$1,096,227
65$1,792,493$240,125$41,987$1,157,110
66$1,931,191$207,754$0$1,223,749
67$2,082,645$172,407$0$1,296,939
68$2,248,113$133,893$0$1,387,718
69$2,428,980$92,013$0$1,487,011
70$2,626,769$46,555$0$1,595,691
71$2,843,159$0$0$1,714,720
72$3,079,997$0$0$1,845,845
73$3,339,318$0$0$2,002,360
74$3,623,362$0$0$2,173,838
75$3,934,597$0$0$2,361,776
76$4,275,740$0$0$2,567,819
77$4,649,784$0$0$2,793,780
78$5,060,024$0$0$3,041,656
79$5,510,092$0$0$3,313,648
80$6,003,986$0$0$3,612,178
81$6,546,111$0$0$3,939,914
82$7,141,319$0$0$4,299,798
83$7,794,955$0$0$4,695,066
84$8,512,905$0$0$5,129,289
85$9,301,657$0$0$5,606,394
86$10,168,356$0$0$6,130,713
87$11,120,872$0$0$6,707,015
88$12,167,878$0$0$7,340,555
89$13,318,929$0$0$8,037,123
90$14,584,549$0$0$8,803,098
91$15,976,336$0$0$9,645,507
92$17,507,066$0$0$10,572,093
93$19,190,817$0$0$11,591,388
94$21,043,098$0$0$12,712,791
95$23,080,999$0$0$13,946,657
96$25,323,348$0$0$15,304,399
97$27,790,891$0$0$16,798,588
98$30,506,488$0$0$18,443,079
99$33,495,324$0$0$20,253,135
100$36,785,153$0$0$22,245,576