Can I retire at age 45 with 464,000?

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 $464,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$38,317$37,975$37,642$37,317$37,000$35,974
2 years$18,969$18,615$18,273$17,941$17,619$16,593
3 years$12,520$12,165$11,824$11,495$11,178$10,185
4 years$9,297$8,943$8,605$8,282$7,972$7,018
5 years$7,363$7,011$6,678$6,361$6,061$5,149
6 years$6,074$5,725$5,397$5,087$4,795$3,927
7 years$5,154$4,808$4,485$4,182$3,900$3,075
8 years$4,464$4,121$3,803$3,508$3,235$2,453
9 years$3,928$3,588$3,276$2,988$2,725$1,984
10 years$3,499$3,163$2,856$2,576$2,322$1,622
11 years$3,149$2,816$2,514$2,242$1,997$1,337
12 years$2,857$2,527$2,231$1,966$1,730$1,110
13 years$2,610$2,284$1,994$1,736$1,509$926
14 years$2,399$2,076$1,791$1,541$1,323$775
15 years$2,216$1,897$1,617$1,374$1,165$652
16 years$2,056$1,740$1,466$1,231$1,029$550
17 years$1,915$1,603$1,334$1,106$913$464
18 years$1,789$1,481$1,218$996$811$393
19 years$1,678$1,372$1,115$900$723$334
20 years$1,577$1,275$1,023$815$646$283
21 years$1,486$1,188$941$740$578$241
22 years$1,404$1,109$867$673$518$205
23 years$1,328$1,037$801$613$465$175
24 years$1,260$972$741$559$418$149
25 years$1,196$912$686$510$376$127
26 years$1,138$857$636$467$339$109
27 years$1,084$807$591$427$306$93
28 years$1,034$760$549$391$276$79
29 years$988$717$511$359$249$68
30 years$945$677$476$329$225$58
31 years$904$640$444$303$203$49
32 years$866$606$414$278$184$42
33 years$831$574$387$256$166$36
34 years$798$544$361$235$151$31
35 years$766$516$338$217$137$26
36 years$737$489$316$199$124$23
37 years$709$465$296$184$112$19
38 years$683$442$277$169$102$17
39 years$658$420$259$156$92$14
40 years$634$400$243$144$84$12
41 years$612$380$228$133$76$10
42 years$591$362$214$123$69$9
43 years$571$345$201$113$62$8
44 years$551$329$188$105$57$7
45 years$533$314$177$97$51$6
46 years$515$299$166$89$47$5
47 years$499$286$156$82$42$4
48 years$483$273$147$76$39$4
49 years$468$260$138$70$35$3
50 years$453$249$130$65$32$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $464,000, adding $5,208 every year, while hoping to spend $34,592 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: 64/14/22 Blend
44$464,000$464,000$464,000$464,000
45$516,700$492,108$484,916$546,517
46$532,598$479,416$464,355$554,544
47$548,958$464,942$441,946$558,954
48$565,791$448,563$417,590$562,978
49$583,107$430,149$391,185$566,581
50$600,917$409,559$362,623$569,725
51$619,231$386,648$331,791$572,371
52$638,059$361,260$298,573$574,477
53$657,412$333,232$262,846$575,997
54$677,297$302,391$224,481$576,884
55$697,726$268,552$183,345$577,087
56$718,705$231,522$139,298$576,552
57$740,243$191,097$92,195$575,222
58$762,347$147,060$41,883$573,034
59$785,024$99,183$0$569,925
60$808,279$47,226$0$568,597
61$832,116$0$0$576,877
62$856,538$0$0$586,282
63$881,547$0$0$603,360
64$907,143$0$0$620,833
65$933,323$0$0$638,700
66$960,084$0$0$656,958
67$987,419$0$0$675,601
68$1,015,318$0$0$694,622
69$1,043,768$0$0$714,012
70$1,072,755$0$0$733,759
71$1,102,258$0$0$753,847
72$1,132,253$0$0$774,260
73$1,162,711$0$0$794,976
74$1,193,596$0$0$815,970
75$1,224,870$0$0$837,212
76$1,256,483$0$0$858,668
77$1,288,381$0$0$880,299
78$1,320,500$0$0$902,058
79$1,352,768$0$0$923,894
80$1,385,101$0$0$945,747
81$1,417,403$0$0$967,548
82$1,449,568$0$0$989,222
83$1,481,473$0$0$1,010,680
84$1,512,979$0$0$1,031,824
85$1,543,932$0$0$1,052,544
86$1,574,155$0$0$1,072,715
87$1,603,453$0$0$1,092,197
88$1,631,604$0$0$1,110,832
89$1,658,362$0$0$1,128,447
90$1,683,449$0$0$1,144,844
91$1,706,557$0$0$1,159,804
92$1,727,341$0$0$1,173,083
93$1,745,417$0$0$1,184,408
94$1,760,356$0$0$1,193,477
95$1,771,681$0$0$1,199,950
96$1,778,862$0$0$1,203,453
97$1,781,309$0$0$1,203,568
98$1,778,367$0$0$1,199,831
99$1,769,310$0$0$1,191,729
100$1,753,329$0$0$1,178,690