Can I retire at age 45 with 469,000?

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 $469,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$38,730$38,385$38,048$37,720$37,399$35,986
2 years$19,173$18,816$18,470$18,134$17,809$16,402
3 years$12,655$12,296$11,951$11,619$11,299$9,942
4 years$9,397$9,039$8,697$8,371$8,058$6,762
5 years$7,442$7,087$6,750$6,430$6,126$4,893
6 years$6,140$5,787$5,455$5,142$4,847$3,679
7 years$5,210$4,860$4,533$4,227$3,942$2,838
8 years$4,512$4,166$3,844$3,546$3,270$2,230
9 years$3,970$3,627$3,311$3,021$2,754$1,775
10 years$3,537$3,197$2,887$2,604$2,347$1,428
11 years$3,183$2,846$2,541$2,266$2,018$1,157
12 years$2,888$2,555$2,255$1,988$1,749$944
13 years$2,638$2,309$2,015$1,755$1,525$774
14 years$2,425$2,098$1,811$1,558$1,337$636
15 years$2,240$1,917$1,635$1,389$1,177$525
16 years$2,078$1,759$1,482$1,244$1,040$435
17 years$1,935$1,620$1,349$1,118$922$360
18 years$1,809$1,497$1,231$1,007$820$299
19 years$1,696$1,387$1,127$910$731$249
20 years$1,594$1,289$1,034$824$653$207
21 years$1,502$1,201$951$748$584$173
22 years$1,419$1,121$877$680$524$144
23 years$1,343$1,048$810$619$470$120
24 years$1,273$982$749$565$423$100
25 years$1,209$922$693$516$380$84
26 years$1,150$866$643$472$343$70
27 years$1,096$815$597$432$309$59
28 years$1,045$768$555$396$279$49
29 years$998$725$517$363$252$41
30 years$955$684$481$333$227$34
31 years$914$647$449$306$206$29
32 years$876$612$419$281$186$24
33 years$840$580$391$258$168$20
34 years$806$549$365$238$152$17
35 years$775$521$341$219$138$14
36 years$745$495$319$202$125$12
37 years$717$470$299$186$113$10
38 years$690$446$280$171$103$8
39 years$665$425$262$158$93$7
40 years$641$404$246$146$84$6
41 years$619$385$231$134$77$5
42 years$597$366$216$124$70$4
43 years$577$349$203$114$63$3
44 years$557$333$190$106$57$3
45 years$539$317$179$98$52$2
46 years$521$303$168$90$47$2
47 years$504$289$158$83$43$2
48 years$488$276$148$77$39$1
49 years$473$263$139$71$35$1
50 years$458$251$131$66$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $469,000, adding $5,063 every year, while hoping to spend $28,863 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: 52/30/18 Blend
44$469,000$469,000$469,000$469,000
45$522,060$497,203$489,934$546,389
46$544,601$490,856$475,637$557,299
47$568,473$483,231$459,893$565,721
48$593,782$474,234$442,624$574,254
49$620,643$463,767$423,748$582,917
50$649,182$451,726$403,177$591,733
51$679,537$437,999$380,822$600,730
52$711,859$422,470$356,589$609,940
53$746,313$405,015$330,379$619,400
54$783,079$385,502$302,088$629,154
55$822,355$363,794$271,610$639,251
56$864,358$339,743$238,833$649,748
57$909,327$313,195$203,638$660,713
58$957,522$283,985$165,903$672,218
59$1,009,229$251,940$125,501$684,352
60$1,064,763$216,878$82,297$697,210
61$1,124,468$178,604$36,153$710,904
62$1,188,722$136,914$0$725,560
63$1,257,941$91,592$0$743,834
64$1,332,582$42,411$0$770,944
65$1,413,145$0$0$800,153
66$1,500,182$0$0$835,283
67$1,594,298$0$0$888,448
68$1,696,159$0$0$946,026
69$1,806,495$0$0$1,008,436
70$1,926,112$0$0$1,076,138
71$2,055,893$0$0$1,149,638
72$2,196,811$0$0$1,229,493
73$2,349,936$0$0$1,316,315
74$2,516,445$0$0$1,410,777
75$2,697,633$0$0$1,513,621
76$2,894,924$0$0$1,625,661
77$3,109,886$0$0$1,747,795
78$3,344,244$0$0$1,881,012
79$3,599,896$0$0$2,026,396
80$3,878,933$0$0$2,185,146
81$4,183,656$0$0$2,358,579
82$4,516,595$0$0$2,548,144
83$4,880,540$0$0$2,755,437
84$5,278,559$0$0$2,982,217
85$5,714,033$0$0$3,230,419
86$6,190,683$0$0$3,502,174
87$6,712,607$0$0$3,799,829
88$7,284,316$0$0$4,125,968
89$7,910,781$0$0$4,483,438
90$8,597,475$0$0$4,875,374
91$9,350,425$0$0$5,305,228
92$10,176,270$0$0$5,776,802
93$11,082,322$0$0$6,294,286
94$12,076,636$0$0$6,862,294
95$13,168,084$0$0$7,485,907
96$14,366,438$0$0$8,170,723
97$15,682,462$0$0$8,922,911
98$17,128,017$0$0$9,749,263
99$18,716,165$0$0$10,657,264
100$20,461,299$0$0$11,655,158