Can I retire at age 45 with 467,000?

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 $467,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$38,564$38,221$37,886$37,559$37,239$36,472
2 years$19,091$18,736$18,391$18,057$17,733$16,964
3 years$12,601$12,244$11,900$11,569$11,251$10,503
4 years$9,357$9,001$8,660$8,335$8,024$7,304
5 years$7,410$7,057$6,721$6,402$6,100$5,409
6 years$6,113$5,762$5,431$5,120$4,826$4,166
7 years$5,187$4,839$4,514$4,209$3,925$3,296
8 years$4,493$4,148$3,828$3,531$3,256$2,657
9 years$3,953$3,612$3,297$3,008$2,742$2,173
10 years$3,522$3,183$2,874$2,593$2,337$1,796
11 years$3,169$2,834$2,531$2,256$2,010$1,498
12 years$2,875$2,544$2,246$1,979$1,741$1,258
13 years$2,627$2,299$2,006$1,747$1,519$1,062
14 years$2,414$2,089$1,803$1,551$1,331$900
15 years$2,230$1,909$1,628$1,383$1,172$767
16 years$2,069$1,751$1,476$1,239$1,036$655
17 years$1,927$1,613$1,343$1,113$918$560
18 years$1,801$1,490$1,226$1,003$817$481
19 years$1,688$1,381$1,122$906$728$413
20 years$1,587$1,284$1,030$821$650$356
21 years$1,496$1,196$947$745$582$307
22 years$1,413$1,116$873$677$522$265
23 years$1,337$1,044$806$617$468$229
24 years$1,268$978$746$563$421$198
25 years$1,204$918$691$514$379$171
26 years$1,145$863$640$470$341$148
27 years$1,091$812$595$430$308$129
28 years$1,041$765$553$394$277$112
29 years$994$722$514$361$251$97
30 years$951$681$479$332$226$84
31 years$910$644$447$304$205$73
32 years$872$610$417$280$185$63
33 years$836$577$389$257$168$55
34 years$803$547$364$237$152$48
35 years$771$519$340$218$137$41
36 years$742$493$318$201$124$36
37 years$714$468$298$185$113$31
38 years$687$445$279$170$102$27
39 years$662$423$261$157$93$24
40 years$638$402$245$145$84$21
41 years$616$383$230$134$76$18
42 years$595$365$215$123$69$15
43 years$574$347$202$114$63$13
44 years$555$331$190$105$57$12
45 years$536$316$178$97$52$10
46 years$519$301$167$90$47$9
47 years$502$287$157$83$43$8
48 years$486$274$148$77$39$7
49 years$471$262$139$71$35$6
50 years$456$250$130$65$32$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $467,000, adding $3,776 every year, while hoping to spend $29,022 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: 35/41/24 Blend
44$467,000$467,000$467,000$467,000
45$518,529$493,778$486,539$532,798
46$540,540$487,094$471,959$537,016
47$563,823$479,110$455,918$538,646
48$588,478$469,731$438,336$539,824
49$614,612$458,857$419,130$540,530
50$642,345$446,384$398,213$540,742
51$671,805$432,198$375,495$540,439
52$703,135$416,181$350,879$539,600
53$736,488$398,207$324,267$538,209
54$772,035$378,144$295,555$536,246
55$809,961$355,852$264,635$533,696
56$850,470$331,181$231,393$530,546
57$893,784$303,976$195,711$526,786
58$940,148$274,068$157,465$522,406
59$989,830$241,285$116,527$517,405
60$1,043,124$205,439$72,762$511,780
61$1,100,352$166,335$26,029$505,539
62$1,161,868$123,766$0$498,692
63$1,228,062$77,513$0$497,364
64$1,299,359$27,346$0$502,983
65$1,376,229$0$0$508,954
66$1,459,186$0$0$527,536
67$1,548,796$0$0$560,987
68$1,645,680$0$0$597,210
69$1,750,523$0$0$636,465
70$1,864,074$0$0$679,043
71$1,987,160$0$0$725,259
72$2,120,688$0$0$775,463
73$2,265,658$0$0$830,040
74$2,423,168$0$0$889,411
75$2,594,425$0$0$954,041
76$2,780,760$0$0$1,024,442
77$2,983,635$0$0$1,101,175
78$3,204,659$0$0$1,184,861
79$3,445,603$0$0$1,276,182
80$3,708,416$0$0$1,375,886
81$3,995,245$0$0$1,484,800
82$4,308,450$0$0$1,603,834
83$4,650,631$0$0$1,733,989
84$5,024,650$0$0$1,876,365
85$5,433,658$0$0$2,032,178
86$5,881,125$0$0$2,202,763
87$6,370,870$0$0$2,389,592
88$6,907,100$0$0$2,594,285
89$7,494,447$0$0$2,818,626
90$8,138,012$0$0$3,064,582
91$8,843,414$0$0$3,334,316
92$9,616,839$0$0$3,630,214
93$10,465,103$0$0$3,954,901
94$11,395,711$0$0$4,311,270
95$12,416,931$0$0$4,702,506
96$13,537,869$0$0$5,132,121
97$14,768,557$0$0$5,603,980
98$16,120,045$0$0$6,122,343
99$17,604,505$0$0$6,691,902
100$19,235,346$0$0$7,317,825