Can I retire at age 45 with 468,000?

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 $468,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$38,647$38,303$37,967$37,639$37,319$36,686
2 years$19,132$18,776$18,431$18,096$17,771$17,135
3 years$12,628$12,270$11,926$11,594$11,275$10,656
4 years$9,377$9,020$8,679$8,353$8,041$7,444
5 years$7,426$7,072$6,735$6,416$6,113$5,539
6 years$6,127$5,775$5,443$5,131$4,837$4,287
7 years$5,198$4,849$4,523$4,218$3,934$3,408
8 years$4,503$4,157$3,836$3,539$3,263$2,762
9 years$3,962$3,619$3,304$3,014$2,748$2,271
10 years$3,529$3,190$2,880$2,598$2,342$1,888
11 years$3,176$2,840$2,536$2,261$2,014$1,583
12 years$2,882$2,549$2,251$1,983$1,745$1,337
13 years$2,633$2,304$2,011$1,751$1,522$1,136
14 years$2,419$2,094$1,807$1,554$1,334$969
15 years$2,235$1,913$1,631$1,386$1,175$830
16 years$2,073$1,755$1,479$1,241$1,038$713
17 years$1,931$1,616$1,346$1,115$920$615
18 years$1,805$1,494$1,228$1,005$818$531
19 years$1,692$1,384$1,125$908$729$459
20 years$1,591$1,286$1,032$822$652$398
21 years$1,499$1,198$949$746$583$346
22 years$1,416$1,118$875$679$523$301
23 years$1,340$1,046$808$618$469$262
24 years$1,270$980$747$564$422$228
25 years$1,207$920$692$515$379$199
26 years$1,148$864$642$471$342$173
27 years$1,093$813$596$431$308$151
28 years$1,043$767$554$395$278$132
29 years$996$723$516$362$251$115
30 years$953$683$480$332$227$101
31 years$912$646$448$305$205$88
32 years$874$611$418$280$186$77
33 years$838$579$390$258$168$67
34 years$805$548$364$237$152$59
35 years$773$520$341$218$138$52
36 years$743$494$319$201$125$45
37 years$715$469$298$185$113$40
38 years$689$446$279$171$103$35
39 years$664$424$262$158$93$30
40 years$640$403$245$145$84$27
41 years$617$384$230$134$76$23
42 years$596$365$216$124$69$20
43 years$575$348$202$114$63$18
44 years$556$332$190$105$57$16
45 years$538$316$178$97$52$14
46 years$520$302$168$90$47$12
47 years$503$288$157$83$43$11
48 years$487$275$148$77$39$9
49 years$472$263$139$71$35$8
50 years$457$251$131$66$32$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $468,000, adding $5,602 every year, while hoping to spend $29,965 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: 61/21/18 Blend
44$468,000$468,000$468,000$468,000
45$521,514$496,710$489,456$550,593
46$542,826$489,167$473,971$563,334
47$565,308$480,249$456,962$573,397
48$589,047$469,859$438,347$583,684
49$614,138$457,890$418,041$594,221
50$640,686$444,233$395,951$605,036
51$668,806$428,770$371,985$616,163
52$698,621$411,377$346,044$627,640
53$730,267$391,921$318,023$639,510
54$763,894$370,265$287,816$651,822
55$799,663$346,260$255,310$664,633
56$837,753$319,751$220,387$678,006
57$878,359$290,574$182,925$692,013
58$921,694$258,554$142,796$706,735
59$967,992$223,508$99,865$722,266
60$1,017,509$185,243$53,992$738,707
61$1,070,527$143,551$5,033$756,176
62$1,127,353$98,218$0$774,805
63$1,188,327$49,014$0$803,808
64$1,253,818$0$0$835,904
65$1,324,233$0$0$871,337
66$1,400,021$0$0$921,690
67$1,481,672$0$0$975,965
68$1,569,725$0$0$1,034,525
69$1,664,772$0$0$1,097,766
70$1,767,465$0$0$1,166,126
71$1,878,518$0$0$1,240,085
72$1,998,717$0$0$1,320,171
73$2,128,928$0$0$1,406,964
74$2,270,100$0$0$1,501,103
75$2,423,279$0$0$1,603,288
76$2,589,613$0$0$1,714,291
77$2,770,366$0$0$1,834,963
78$2,966,929$0$0$1,966,236
79$3,180,833$0$0$2,109,138
80$3,413,760$0$0$2,264,800
81$3,667,563$0$0$2,434,466
82$3,944,279$0$0$2,619,506
83$4,246,154$0$0$2,821,427
84$4,575,656$0$0$3,041,888
85$4,935,504$0$0$3,282,715
86$5,328,690$0$0$3,545,919
87$5,758,508$0$0$3,833,713
88$6,228,586$0$0$4,148,535
89$6,742,917$0$0$4,493,067
90$7,305,899$0$0$4,870,266
91$7,922,374$0$0$5,283,385
92$8,597,675$0$0$5,736,006
93$9,337,674$0$0$6,232,077
94$10,148,838$0$0$6,775,944
95$11,038,291$0$0$7,372,393
96$12,013,877$0$0$8,026,697
97$13,084,239$0$0$8,744,663
98$14,258,893$0$0$9,532,688
99$15,548,323$0$0$10,397,818
100$16,964,079$0$0$11,347,814