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%12.7%
1 years$38,647$38,303$37,967$37,639$37,319$36,899
2 years$19,132$18,776$18,431$18,096$17,771$17,348
3 years$12,628$12,270$11,926$11,594$11,275$10,862
4 years$9,377$9,020$8,679$8,353$8,041$7,642
5 years$7,426$7,072$6,735$6,416$6,113$5,728
6 years$6,127$5,775$5,443$5,131$4,837$4,467
7 years$5,198$4,849$4,523$4,218$3,934$3,579
8 years$4,503$4,157$3,836$3,539$3,263$2,924
9 years$3,962$3,619$3,304$3,014$2,748$2,424
10 years$3,529$3,190$2,880$2,598$2,342$2,033
11 years$3,176$2,840$2,536$2,261$2,014$1,719
12 years$2,882$2,549$2,251$1,983$1,745$1,465
13 years$2,633$2,304$2,011$1,751$1,522$1,256
14 years$2,419$2,094$1,807$1,554$1,334$1,082
15 years$2,235$1,913$1,631$1,386$1,175$935
16 years$2,073$1,755$1,479$1,241$1,038$812
17 years$1,931$1,616$1,346$1,115$920$706
18 years$1,805$1,494$1,228$1,005$818$616
19 years$1,692$1,384$1,125$908$729$539
20 years$1,591$1,286$1,032$822$652$472
21 years$1,499$1,198$949$746$583$414
22 years$1,416$1,118$875$679$523$364
23 years$1,340$1,046$808$618$469$320
24 years$1,270$980$747$564$422$282
25 years$1,207$920$692$515$379$248
26 years$1,148$864$642$471$342$219
27 years$1,093$813$596$431$308$193
28 years$1,043$767$554$395$278$171
29 years$996$723$516$362$251$151
30 years$953$683$480$332$227$133
31 years$912$646$448$305$205$118
32 years$874$611$418$280$186$104
33 years$838$579$390$258$168$92
34 years$805$548$364$237$152$82
35 years$773$520$341$218$138$72
36 years$743$494$319$201$125$64
37 years$715$469$298$185$113$57
38 years$689$446$279$171$103$50
39 years$664$424$262$158$93$45
40 years$640$403$245$145$84$40
41 years$617$384$230$134$76$35
42 years$596$365$216$124$69$31
43 years$575$348$202$114$63$28
44 years$556$332$190$105$57$24
45 years$538$316$178$97$52$22
46 years$520$302$168$90$47$19
47 years$503$288$157$83$43$17
48 years$487$275$148$77$39$15
49 years$472$263$139$71$35$13
50 years$457$251$131$66$32$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $468,000, adding $6,576 every year, while hoping to spend $31,219 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: 66/7/27 Blend
44$468,000$468,000$468,000$468,000
45$522,519$497,715$490,461$552,905
46$542,599$488,886$473,675$565,369
47$563,681$478,579$455,280$574,896
48$585,834$466,687$435,189$584,615
49$609,134$453,099$413,312$594,548
50$633,662$437,696$389,554$604,719
51$659,506$420,355$363,816$615,155
52$686,766$400,942$335,993$625,890
53$715,545$379,318$305,978$636,958
54$745,960$355,333$273,658$648,404
55$778,136$328,833$238,914$660,272
56$812,211$299,651$201,622$672,617
57$848,335$267,612$161,655$685,499
58$886,672$232,531$118,877$698,986
59$927,400$194,214$73,148$713,156
60$970,718$152,453$24,321$728,095
61$1,016,838$107,030$0$743,901
62$1,065,997$57,716$0$768,688
63$1,118,451$4,267$0$802,572
64$1,174,483$0$0$838,725
65$1,234,402$0$0$881,477
66$1,298,546$0$0$927,616
67$1,367,287$0$0$977,082
68$1,441,032$0$0$1,030,172
69$1,520,230$0$0$1,087,210
70$1,605,371$0$0$1,148,552
71$1,696,993$0$0$1,214,590
72$1,795,689$0$0$1,285,754
73$1,902,109$0$0$1,362,516
74$2,016,966$0$0$1,445,395
75$2,141,044$0$0$1,534,960
76$2,275,207$0$0$1,631,838
77$2,420,402$0$0$1,736,717
78$2,577,669$0$0$1,850,355
79$2,748,155$0$0$1,973,583
80$2,933,119$0$0$2,107,317
81$3,133,946$0$0$2,252,563
82$3,352,159$0$0$2,410,429
83$3,589,434$0$0$2,582,132
84$3,847,615$0$0$2,769,014
85$4,128,730$0$0$2,972,547
86$4,435,011$0$0$3,194,355
87$4,768,916$0$0$3,436,224
88$5,133,147$0$0$3,700,119
89$5,530,680$0$0$3,988,204
90$5,964,792$0$0$4,302,859
91$6,439,087$0$0$4,646,706
92$6,957,535$0$0$5,022,633
93$7,524,508$0$0$5,433,815
94$8,144,817$0$0$5,883,752
95$8,823,761$0$0$6,376,298
96$9,567,175$0$0$6,915,693
97$10,381,484$0$0$7,506,611
98$11,273,764$0$0$8,154,197
99$12,251,807$0$0$8,864,116
100$13,324,196$0$0$9,642,610