Can I retire at age 45 with 475,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $475,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$39,225$38,876$38,535$38,202$37,877$37,052
2 years$19,418$19,057$18,706$18,366$18,037$17,209
3 years$12,817$12,454$12,104$11,768$11,443$10,640
4 years$9,517$9,155$8,809$8,478$8,161$7,388
5 years$7,537$7,178$6,836$6,512$6,204$5,463
6 years$6,218$5,861$5,524$5,208$4,909$4,201
7 years$5,276$4,922$4,591$4,281$3,992$3,317
8 years$4,570$4,219$3,893$3,592$3,312$2,670
9 years$4,021$3,673$3,353$3,059$2,789$2,179
10 years$3,582$3,238$2,924$2,637$2,377$1,798
11 years$3,223$2,883$2,574$2,295$2,044$1,497
12 years$2,925$2,587$2,284$2,013$1,771$1,254
13 years$2,672$2,338$2,041$1,777$1,545$1,057
14 years$2,456$2,125$1,834$1,578$1,354$894
15 years$2,268$1,941$1,656$1,407$1,192$760
16 years$2,104$1,781$1,501$1,260$1,054$647
17 years$1,960$1,640$1,366$1,132$934$553
18 years$1,832$1,516$1,247$1,020$831$474
19 years$1,717$1,405$1,141$922$740$406
20 years$1,614$1,306$1,048$835$661$349
21 years$1,521$1,216$964$758$592$300
22 years$1,437$1,135$888$689$530$259
23 years$1,360$1,062$820$627$476$223
24 years$1,289$995$758$572$428$192
25 years$1,225$933$702$523$385$166
26 years$1,165$877$651$478$347$143
27 years$1,110$826$605$437$313$124
28 years$1,059$778$562$401$282$107
29 years$1,011$734$523$367$255$93
30 years$967$693$487$337$230$80
31 years$926$655$454$310$208$70
32 years$887$620$424$285$188$60
33 years$851$587$396$262$170$52
34 years$817$556$370$241$154$45
35 years$785$528$346$222$140$39
36 years$754$501$323$204$127$34
37 years$726$476$303$188$115$29
38 years$699$452$284$173$104$25
39 years$674$430$266$160$94$22
40 years$649$409$249$147$86$19
41 years$626$389$233$136$78$17
42 years$605$371$219$126$70$14
43 years$584$353$206$116$64$12
44 years$564$337$193$107$58$11
45 years$546$321$181$99$53$9
46 years$528$306$170$91$48$8
47 years$511$292$160$84$43$7
48 years$494$279$150$78$39$6
49 years$479$267$141$72$36$5
50 years$464$255$133$67$33$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $475,000, adding $3,632 every year, while hoping to spend $33,133 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: 50/37/13 Blend
44$475,000$475,000$475,000$475,000
45$527,196$502,021$494,659$551,519
46$545,717$491,367$475,977$557,945
47$565,017$479,080$455,558$561,148
48$585,139$465,046$433,310$563,884
49$606,133$449,143$409,135$566,117
50$628,049$431,241$382,932$567,814
51$650,943$411,205$354,594$568,937
52$674,876$388,891$324,009$569,449
53$699,912$364,146$291,062$569,312
54$726,122$336,808$255,632$568,484
55$753,583$306,708$217,592$566,926
56$782,376$273,665$176,809$564,595
57$812,593$237,488$133,146$561,448
58$844,329$197,977$86,459$557,441
59$877,691$154,918$36,596$552,530
60$912,794$108,088$0$546,671
61$949,764$57,249$0$542,123
62$988,736$2,150$0$542,104
63$1,029,859$0$0$541,510
64$1,073,296$0$0$563,724
65$1,119,222$0$0$588,158
66$1,167,831$0$0$614,042
67$1,219,333$0$0$641,493
68$1,273,959$0$0$670,635
69$1,331,959$0$0$701,607
70$1,393,609$0$0$734,559
71$1,459,210$0$0$769,655
72$1,529,091$0$0$807,077
73$1,603,613$0$0$847,021
74$1,683,170$0$0$889,706
75$1,768,196$0$0$935,366
76$1,859,164$0$0$984,265
77$1,956,596$0$0$1,036,685
78$2,061,061$0$0$1,092,941
79$2,173,186$0$0$1,153,377
80$2,293,657$0$0$1,218,369
81$2,423,229$0$0$1,288,332
82$2,562,729$0$0$1,363,720
83$2,713,067$0$0$1,445,034
84$2,875,241$0$0$1,532,820
85$3,050,347$0$0$1,627,684
86$3,239,593$0$0$1,730,287
87$3,444,301$0$0$1,841,357
88$3,665,930$0$0$1,961,697
89$3,906,079$0$0$2,092,185
90$4,166,510$0$0$2,233,790
91$4,449,158$0$0$2,387,577
92$4,756,153$0$0$2,554,718
93$5,089,836$0$0$2,736,501
94$5,452,784$0$0$2,934,344
95$5,847,833$0$0$3,149,806
96$6,278,100$0$0$3,384,604
97$6,747,019$0$0$3,640,628
98$7,258,368$0$0$3,919,956
99$7,816,303$0$0$4,224,877
100$8,425,401$0$0$4,557,910