Can I retire at age 45 with 465,000?

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 $465,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$38,399$38,057$37,724$37,398$37,080$36,228
2 years$19,010$18,656$18,312$17,980$17,657$16,803
3 years$12,547$12,192$11,849$11,520$11,202$10,373
4 years$9,317$8,962$8,623$8,299$7,990$7,192
5 years$7,379$7,026$6,692$6,375$6,074$5,310
6 years$6,087$5,738$5,408$5,098$4,806$4,076
7 years$5,165$4,818$4,494$4,191$3,908$3,213
8 years$4,474$4,130$3,811$3,516$3,242$2,582
9 years$3,937$3,596$3,283$2,995$2,731$2,104
10 years$3,507$3,170$2,862$2,582$2,327$1,733
11 years$3,156$2,822$2,520$2,247$2,001$1,439
12 years$2,863$2,533$2,236$1,971$1,734$1,204
13 years$2,616$2,289$1,998$1,740$1,512$1,012
14 years$2,404$2,081$1,795$1,544$1,325$855
15 years$2,220$1,901$1,621$1,377$1,167$725
16 years$2,060$1,744$1,469$1,233$1,031$616
17 years$1,919$1,606$1,337$1,108$915$525
18 years$1,793$1,484$1,221$999$813$449
19 years$1,681$1,375$1,117$902$725$384
20 years$1,580$1,278$1,025$817$647$329
21 years$1,489$1,190$943$742$579$283
22 years$1,407$1,111$869$674$519$243
23 years$1,331$1,039$803$614$466$209
24 years$1,262$974$742$560$419$180
25 years$1,199$914$688$512$377$155
26 years$1,140$859$638$468$340$133
27 years$1,086$808$592$428$306$115
28 years$1,036$762$550$392$276$99
29 years$990$719$512$360$249$86
30 years$947$679$477$330$225$74
31 years$906$641$445$303$204$64
32 years$868$607$415$279$184$55
33 years$833$575$388$256$167$48
34 years$799$545$362$236$151$41
35 years$768$517$339$217$137$36
36 years$739$490$317$200$124$31
37 years$711$466$296$184$112$27
38 years$684$443$278$170$102$23
39 years$659$421$260$157$92$20
40 years$636$400$244$144$84$17
41 years$613$381$229$133$76$15
42 years$592$363$214$123$69$13
43 years$572$346$201$113$63$11
44 years$552$330$189$105$57$10
45 years$534$314$177$97$52$8
46 years$517$300$167$89$47$7
47 years$500$286$156$83$43$6
48 years$484$273$147$76$39$5
49 years$469$261$138$71$35$5
50 years$454$249$130$65$32$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $465,000, adding $5,349 every year, while hoping to spend $35,498 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: 27/45/28 Blend
44$465,000$465,000$465,000$465,000
45$517,947$493,302$486,095$527,314
46$533,009$479,705$464,610$521,712
47$548,416$464,251$441,215$512,301
48$564,168$446,813$415,809$501,477
49$580,261$427,254$388,286$489,143
50$596,689$405,431$358,535$475,197
51$613,446$381,192$326,441$459,533
52$630,523$354,376$291,883$442,037
53$647,909$324,813$254,733$422,589
54$665,590$292,324$214,861$401,062
55$683,550$256,717$172,129$377,322
56$701,769$217,793$126,392$351,226
57$720,224$175,339$77,500$322,624
58$738,888$129,132$25,297$291,357
59$757,729$78,934$0$257,257
60$776,712$24,496$0$229,232
61$795,794$0$0$206,663
62$814,928$0$0$198,895
63$834,059$0$0$203,215
64$853,127$0$0$207,472
65$872,060$0$0$211,645
66$890,779$0$0$215,708
67$909,195$0$0$219,634
68$927,208$0$0$223,390
69$944,705$0$0$226,943
70$961,558$0$0$230,252
71$977,626$0$0$233,273
72$992,749$0$0$235,958
73$1,006,750$0$0$238,252
74$1,019,431$0$0$240,094
75$1,030,570$0$0$241,417
76$1,039,920$0$0$242,145
77$1,047,207$0$0$242,194
78$1,052,126$0$0$241,472
79$1,054,337$0$0$239,875
80$1,053,463$0$0$237,289
81$1,049,084$0$0$233,587
82$1,040,737$0$0$228,629
83$1,027,903$0$0$222,258
84$1,010,013$0$0$214,302
85$986,432$0$0$204,570
86$956,458$0$0$192,850
87$919,312$0$0$178,908
88$874,135$0$0$162,485
89$819,972$0$0$143,295
90$755,771$0$0$121,021
91$680,364$0$0$95,313
92$592,461$0$0$65,784
93$490,638$0$0$32,007
94$373,318$0$0$0
95$238,759$0$0$0
96$85,037$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0