Can I retire at age 45 with 466,000?

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 $466,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$38,482$38,139$37,805$37,478$37,159$35,798
2 years$19,050$18,696$18,352$18,018$17,695$16,339
3 years$12,574$12,218$11,875$11,545$11,226$9,918
4 years$9,337$8,981$8,642$8,317$8,007$6,756
5 years$7,395$7,042$6,706$6,388$6,087$4,897
6 years$6,100$5,750$5,420$5,109$4,816$3,688
7 years$5,176$4,829$4,504$4,200$3,917$2,850
8 years$4,484$4,139$3,820$3,524$3,249$2,243
9 years$3,945$3,604$3,290$3,001$2,736$1,789
10 years$3,514$3,177$2,868$2,587$2,332$1,442
11 years$3,162$2,828$2,525$2,252$2,005$1,171
12 years$2,869$2,538$2,241$1,975$1,738$957
13 years$2,621$2,294$2,002$1,744$1,515$786
14 years$2,409$2,085$1,799$1,548$1,328$648
15 years$2,225$1,905$1,624$1,380$1,170$536
16 years$2,065$1,748$1,473$1,236$1,034$444
17 years$1,923$1,609$1,340$1,110$917$369
18 years$1,797$1,487$1,223$1,001$815$307
19 years$1,685$1,378$1,120$904$726$256
20 years$1,584$1,281$1,028$819$649$214
21 years$1,493$1,193$945$743$581$179
22 years$1,410$1,114$871$676$520$149
23 years$1,334$1,042$804$615$467$125
24 years$1,265$976$744$561$420$105
25 years$1,201$916$689$513$378$88
26 years$1,143$861$639$469$340$73
27 years$1,089$810$593$429$307$62
28 years$1,039$763$552$393$277$52
29 years$992$720$513$360$250$43
30 years$949$680$478$331$226$36
31 years$908$643$446$304$204$30
32 years$870$608$416$279$185$26
33 years$835$576$388$257$167$21
34 years$801$546$363$236$151$18
35 years$770$518$339$217$137$15
36 years$740$491$317$200$124$13
37 years$712$467$297$185$113$11
38 years$686$444$278$170$102$9
39 years$661$422$261$157$93$7
40 years$637$401$244$145$84$6
41 years$615$382$229$133$76$5
42 years$593$364$215$123$69$4
43 years$573$347$202$114$63$4
44 years$554$330$189$105$57$3
45 years$535$315$178$97$52$3
46 years$518$301$167$90$47$2
47 years$501$287$157$83$43$2
48 years$485$274$147$76$39$2
49 years$470$262$138$71$35$1
50 years$455$250$130$65$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $466,000, adding $2,380 every year, while hoping to spend $31,344 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: 36/38/26 Blend
44$466,000$466,000$466,000$466,000
45$515,987$491,289$484,066$530,456
46$535,268$482,012$466,932$532,097
47$555,465$471,231$448,174$530,838
48$576,638$458,837$427,704$528,867
49$598,854$444,718$405,431$526,139
50$622,182$428,755$381,258$522,609
51$646,701$410,820$355,086$518,230
52$672,494$390,780$326,811$512,955
53$699,652$368,492$296,323$506,733
54$728,276$343,807$263,509$499,515
55$758,472$316,566$228,249$491,247
56$790,360$286,601$190,419$481,877
57$824,068$253,736$149,889$471,350
58$859,737$217,783$106,524$459,611
59$897,519$178,543$60,182$446,603
60$937,583$135,809$10,715$432,271
61$980,112$89,359$0$416,558
62$1,025,307$38,961$0$411,079
63$1,073,385$0$0$408,038
64$1,124,588$0$0$410,986
65$1,179,177$0$0$431,535
66$1,237,441$0$0$453,507
67$1,299,694$0$0$477,026
68$1,366,283$0$0$502,227
69$1,437,585$0$0$529,260
70$1,514,015$0$0$558,288
71$1,596,031$0$0$589,491
72$1,684,131$0$0$623,066
73$1,778,864$0$0$659,229
74$1,880,833$0$0$698,218
75$1,990,699$0$0$740,294
76$2,109,189$0$0$785,744
77$2,237,102$0$0$834,882
78$2,375,314$0$0$888,056
79$2,524,790$0$0$945,647
80$2,686,589$0$0$1,008,072
81$2,861,876$0$0$1,075,792
82$3,051,932$0$0$1,149,315
83$3,258,164$0$0$1,229,196
84$3,482,124$0$0$1,316,048
85$3,725,513$0$0$1,410,546
86$3,990,206$0$0$1,513,431
87$4,278,266$0$0$1,625,519
88$4,591,962$0$0$1,747,708
89$4,933,790$0$0$1,880,987
90$5,306,498$0$0$2,026,442
91$5,713,110$0$0$2,185,273
92$6,156,955$0$0$2,358,796
93$6,641,697$0$0$2,548,464
94$7,171,370$0$0$2,755,873
95$7,750,415$0$0$2,982,783
96$8,383,720$0$0$3,231,132
97$9,076,670$0$0$3,503,051
98$9,835,191$0$0$3,800,889
99$10,665,812$0$0$4,127,234
100$11,575,720$0$0$4,484,933