Can I retire at age 45 with 461,000?

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 $461,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$38,069$37,730$37,399$37,076$36,761$35,960
2 years$18,846$18,495$18,155$17,825$17,505$16,702
3 years$12,439$12,087$11,747$11,421$11,106$10,326
4 years$9,236$8,885$8,549$8,228$7,921$7,170
5 years$7,315$6,966$6,634$6,320$6,021$5,302
6 years$6,035$5,688$5,362$5,054$4,764$4,077
7 years$5,121$4,777$4,456$4,155$3,875$3,219
8 years$4,435$4,095$3,779$3,486$3,215$2,591
9 years$3,903$3,565$3,255$2,969$2,707$2,115
10 years$3,477$3,143$2,837$2,559$2,307$1,745
11 years$3,128$2,798$2,498$2,227$1,984$1,453
12 years$2,838$2,511$2,217$1,954$1,719$1,217
13 years$2,593$2,269$1,981$1,725$1,499$1,026
14 years$2,383$2,063$1,780$1,531$1,314$868
15 years$2,201$1,884$1,607$1,365$1,157$737
16 years$2,042$1,729$1,457$1,223$1,023$628
17 years$1,902$1,592$1,326$1,099$907$537
18 years$1,778$1,471$1,210$990$806$460
19 years$1,667$1,364$1,108$895$719$394
20 years$1,567$1,267$1,017$810$642$339
21 years$1,476$1,180$935$735$574$291
22 years$1,395$1,102$862$669$515$251
23 years$1,320$1,030$796$609$462$216
24 years$1,251$965$736$555$415$187
25 years$1,189$906$682$507$374$161
26 years$1,131$851$632$464$337$139
27 years$1,077$801$587$424$304$120
28 years$1,027$755$546$389$274$104
29 years$981$712$508$357$247$90
30 years$938$673$473$327$223$78
31 years$898$636$441$301$202$67
32 years$861$602$411$276$183$58
33 years$826$570$384$254$165$51
34 years$793$540$359$234$150$44
35 years$761$512$336$215$136$38
36 years$732$486$314$198$123$33
37 years$705$462$294$183$111$29
38 years$678$439$275$168$101$25
39 years$654$417$258$155$92$21
40 years$630$397$242$143$83$19
41 years$608$378$227$132$75$16
42 years$587$360$213$122$68$14
43 years$567$343$199$112$62$12
44 years$548$327$187$104$56$10
45 years$530$312$176$96$51$9
46 years$512$297$165$89$46$8
47 years$496$284$155$82$42$7
48 years$480$271$146$76$38$6
49 years$465$259$137$70$35$5
50 years$450$247$129$65$32$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $461,000, adding $3,491 every year, while hoping to spend $28,706 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: 47/32/21 Blend
44$461,000$461,000$461,000$461,000
45$511,623$487,190$480,044$532,462
46$533,266$480,519$465,583$540,706
47$556,154$472,560$449,675$546,504
48$580,384$463,218$432,242$552,205
49$606,062$452,394$413,201$557,811
50$633,303$439,984$392,466$563,329
51$662,234$425,877$369,947$568,767
52$692,992$409,956$345,551$574,138
53$725,728$392,095$319,178$579,456
54$760,609$372,164$290,726$584,741
55$797,814$350,023$260,089$590,016
56$837,542$325,525$227,153$595,311
57$880,010$298,515$191,802$600,661
58$925,457$268,828$153,913$606,107
59$974,144$236,290$113,359$611,698
60$1,026,357$200,719$70,007$617,494
61$1,082,410$161,919$23,717$623,560
62$1,142,649$119,686$0$629,976
63$1,207,451$73,803$0$642,587
64$1,277,234$24,042$0$661,788
65$1,352,453$0$0$682,414
66$1,433,610$0$0$715,146
67$1,521,256$0$0$759,679
68$1,615,997$0$0$807,860
69$1,718,498$0$0$860,032
70$1,829,490$0$0$916,573
71$1,949,779$0$0$977,898
72$2,080,248$0$0$1,044,466
73$2,221,869$0$0$1,116,779
74$2,375,714$0$0$1,195,390
75$2,542,957$0$0$1,280,907
76$2,724,895$0$0$1,373,999
77$2,922,951$0$0$1,475,404
78$3,138,692$0$0$1,585,932
79$3,373,843$0$0$1,706,475
80$3,630,302$0$0$1,838,015
81$3,910,158$0$0$1,981,633
82$4,215,711$0$0$2,138,517
83$4,549,492$0$0$2,309,979
84$4,914,288$0$0$2,497,461
85$5,313,166$0$0$2,702,548
86$5,749,505$0$0$2,926,991
87$6,227,024$0$0$3,172,714
88$6,749,819$0$0$3,441,836
89$7,322,399$0$0$3,736,692
90$7,949,732$0$0$4,059,853
91$8,637,286$0$0$4,414,149
92$9,391,087$0$0$4,802,700
93$10,217,768$0$0$5,228,940
94$11,124,638$0$0$5,696,652
95$12,119,745$0$0$6,210,002
96$13,211,956$0$0$6,773,582
97$14,411,036$0$0$7,392,447
98$15,727,743$0$0$8,072,167
99$17,173,928$0$0$8,818,877
100$18,762,645$0$0$9,639,337