Can I retire at age 45 with 457,000?

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 $457,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$37,739$37,402$37,075$36,754$36,442$35,037
2 years$18,682$18,335$17,997$17,670$17,353$15,955
3 years$12,331$11,982$11,645$11,322$11,010$9,662
4 years$9,156$8,808$8,475$8,157$7,852$6,565
5 years$7,252$6,906$6,577$6,265$5,969$4,746
6 years$5,983$5,639$5,315$5,010$4,723$3,564
7 years$5,076$4,736$4,417$4,119$3,841$2,746
8 years$4,397$4,059$3,746$3,455$3,187$2,155
9 years$3,869$3,534$3,226$2,943$2,684$1,714
10 years$3,447$3,115$2,813$2,537$2,287$1,377
11 years$3,101$2,773$2,476$2,208$1,967$1,114
12 years$2,814$2,489$2,198$1,937$1,704$908
13 years$2,571$2,250$1,963$1,710$1,486$743
14 years$2,363$2,045$1,764$1,518$1,303$610
15 years$2,182$1,868$1,593$1,354$1,147$503
16 years$2,025$1,714$1,444$1,212$1,014$416
17 years$1,886$1,578$1,314$1,089$899$344
18 years$1,762$1,458$1,200$981$799$285
19 years$1,652$1,352$1,098$887$712$237
20 years$1,553$1,256$1,008$803$636$197
21 years$1,464$1,170$927$729$569$164
22 years$1,382$1,092$854$663$510$137
23 years$1,308$1,021$789$604$458$114
24 years$1,241$957$730$551$412$95
25 years$1,178$898$676$503$371$79
26 years$1,121$844$627$460$334$66
27 years$1,068$794$582$421$301$55
28 years$1,019$749$541$386$272$46
29 years$973$706$503$354$245$38
30 years$930$667$469$324$222$32
31 years$890$630$437$298$200$27
32 years$853$597$408$274$181$22
33 years$818$565$381$252$164$19
34 years$786$535$356$232$148$16
35 years$755$508$333$213$134$13
36 years$726$482$311$196$122$11
37 years$698$458$291$181$110$9
38 years$673$435$273$167$100$8
39 years$648$414$256$154$91$6
40 years$625$394$240$142$82$5
41 years$603$375$225$131$75$4
42 years$582$357$211$121$68$4
43 years$562$340$198$112$62$3
44 years$543$324$186$103$56$3
45 years$525$309$174$95$51$2
46 years$508$295$164$88$46$2
47 years$491$281$154$81$42$2
48 years$476$269$145$75$38$1
49 years$461$256$136$69$34$1
50 years$446$245$128$64$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $457,000, adding $5,494 every year, while hoping to spend $25,456 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: 73/14/13 Blend
44$457,000$457,000$457,000$457,000
45$509,281$485,060$477,977$544,665
46$534,143$481,743$466,904$565,497
47$560,687$477,410$454,607$584,635
48$589,059$471,985$441,018$604,912
49$619,417$465,386$426,066$626,434
50$651,935$457,528$409,677$649,318
51$686,804$448,319$391,773$673,693
52$724,234$437,662$372,273$699,704
53$764,454$425,455$351,092$727,509
54$807,716$411,590$328,141$757,282
55$854,297$395,952$303,328$789,219
56$904,502$378,420$276,556$823,531
57$958,664$358,866$247,724$860,457
58$1,017,151$337,154$216,726$900,256
59$1,080,365$313,139$183,451$943,219
60$1,148,751$286,671$147,785$989,662
61$1,222,795$257,589$109,607$1,039,940
62$1,303,032$225,724$68,791$1,094,441
63$1,390,053$190,896$25,207$1,153,595
64$1,484,504$152,916$0$1,217,877
65$1,587,098$111,583$0$1,290,767
66$1,698,619$66,688$0$1,373,813
67$1,819,929$18,006$0$1,464,175
68$1,951,975$0$0$1,562,582
69$2,095,803$0$0$1,675,181
70$2,252,560$0$0$1,800,945
71$2,423,509$0$0$1,938,116
72$2,610,044$0$0$2,087,814
73$2,813,694$0$0$2,251,268
74$3,036,145$0$0$2,429,836
75$3,279,253$0$0$2,625,009
76$3,545,060$0$0$2,838,430
77$3,835,817$0$0$3,071,909
78$4,154,000$0$0$3,327,438
79$4,502,335$0$0$3,607,210
80$4,883,826$0$0$3,913,640
81$5,301,781$0$0$4,249,389
82$5,759,840$0$0$4,617,386
83$6,262,016$0$0$5,020,857
84$6,812,727$0$0$5,463,355
85$7,416,837$0$0$5,948,796
86$8,079,706$0$0$6,481,488
87$8,807,238$0$0$7,066,182
88$9,605,936$0$0$7,708,107
89$10,482,962$0$0$8,413,026
90$11,446,207$0$0$9,187,285
91$12,504,364$0$0$10,037,877
92$13,667,008$0$0$10,972,504
93$14,944,689$0$0$11,999,652
94$16,349,028$0$0$13,128,670
95$17,892,828$0$0$14,369,857
96$19,590,197$0$0$15,734,559
97$21,456,675$0$0$17,235,279
98$23,509,384$0$0$18,885,791
99$25,767,189$0$0$20,701,268
100$28,250,876$0$0$22,698,432