Can I retire at age 45 with 482,000?

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 $482,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$39,803$39,449$39,103$38,765$38,435$37,370
2 years$19,705$19,338$18,982$18,637$18,303$17,237
3 years$13,006$12,637$12,283$11,941$11,612$10,580
4 years$9,657$9,290$8,939$8,603$8,282$7,291
5 years$7,649$7,283$6,937$6,608$6,296$5,349
6 years$6,310$5,947$5,606$5,284$4,982$4,079
7 years$5,354$4,995$4,658$4,344$4,051$3,194
8 years$4,637$4,281$3,951$3,644$3,361$2,548
9 years$4,080$3,728$3,403$3,104$2,830$2,061
10 years$3,635$3,286$2,967$2,676$2,412$1,685
11 years$3,271$2,925$2,612$2,329$2,074$1,389
12 years$2,968$2,625$2,318$2,043$1,797$1,153
13 years$2,711$2,373$2,071$1,803$1,567$962
14 years$2,492$2,157$1,861$1,601$1,374$805
15 years$2,302$1,970$1,680$1,428$1,210$677
16 years$2,135$1,808$1,523$1,278$1,069$571
17 years$1,989$1,665$1,386$1,149$948$482
18 years$1,859$1,538$1,265$1,035$843$409
19 years$1,743$1,426$1,158$935$751$347
20 years$1,638$1,325$1,063$847$671$294
21 years$1,544$1,234$978$769$601$250
22 years$1,458$1,152$901$699$538$213
23 years$1,380$1,077$832$637$483$182
24 years$1,308$1,009$770$581$434$155
25 years$1,243$947$713$530$391$132
26 years$1,182$890$661$485$352$113
27 years$1,126$838$614$444$317$96
28 years$1,074$789$571$407$286$82
29 years$1,026$745$531$373$259$70
30 years$981$703$495$342$234$60
31 years$939$665$461$314$211$51
32 years$900$629$430$289$191$44
33 years$863$596$402$266$173$38
34 years$829$565$375$244$157$32
35 years$796$536$351$225$142$27
36 years$766$508$328$207$128$24
37 years$737$483$307$191$116$20
38 years$709$459$288$176$106$17
39 years$683$436$270$162$96$15
40 years$659$415$253$150$87$13
41 years$636$395$237$138$79$11
42 years$614$376$222$127$71$9
43 years$593$359$209$118$65$8
44 years$573$342$196$109$59$7
45 years$554$326$184$100$53$6
46 years$535$311$173$93$49$5
47 years$518$297$162$86$44$4
48 years$502$283$152$79$40$4
49 years$486$271$143$73$36$3
50 years$471$258$135$68$33$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $482,000, adding $2,170 every year, while hoping to spend $29,550 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: 39/41/20 Blend
44$482,000$482,000$482,000$482,000
45$533,402$507,856$500,385$550,950
46$556,368$501,300$485,707$557,209
47$580,687$493,433$469,547$561,002
48$606,464$484,158$451,824$564,496
49$633,816$473,375$432,453$567,681
50$662,872$460,977$411,347$570,545
51$693,770$446,850$388,412$573,083
52$726,663$430,874$363,553$575,287
53$761,718$412,922$336,667$577,155
54$799,119$392,861$307,651$578,685
55$839,065$370,547$276,393$579,879
56$881,776$345,830$242,779$580,744
57$927,493$318,552$206,688$581,290
58$976,480$288,544$167,995$581,533
59$1,029,027$255,629$126,569$581,493
60$1,085,452$219,618$82,273$581,198
61$1,146,103$180,314$34,964$580,683
62$1,211,364$137,508$0$579,993
63$1,281,654$90,977$0$582,493
64$1,357,436$40,488$0$593,113
65$1,439,217$0$0$604,495
66$1,527,554$0$0$623,175
67$1,623,060$0$0$663,172
68$1,726,408$0$0$706,506
69$1,838,338$0$0$753,494
70$1,959,664$0$0$804,484
71$2,091,280$0$0$859,862
72$2,234,171$0$0$920,047
73$2,389,418$0$0$985,504
74$2,558,212$0$0$1,056,744
75$2,741,863$0$0$1,134,328
76$2,941,812$0$0$1,218,873
77$3,159,645$0$0$1,311,062
78$3,397,106$0$0$1,411,641
79$3,656,116$0$0$1,521,435
80$3,938,790$0$0$1,641,350
81$4,247,453$0$0$1,772,386
82$4,584,667$0$0$1,915,642
83$4,953,252$0$0$2,072,328
84$5,356,313$0$0$2,243,776
85$5,797,268$0$0$2,431,455
86$6,279,880$0$0$2,636,979
87$6,808,295$0$0$2,862,128
88$7,387,075$0$0$3,108,863
89$8,021,248$0$0$3,379,340
90$8,716,348$0$0$3,675,937
91$9,478,472$0$0$4,001,272
92$10,314,334$0$0$4,358,228
93$11,231,329$0$0$4,749,982
94$12,237,602$0$0$5,180,033
95$13,342,127$0$0$5,652,233
96$14,554,787$0$0$6,170,828
97$15,886,469$0$0$6,740,496
98$17,349,165$0$0$7,366,387
99$18,956,088$0$0$8,054,178
100$20,721,793$0$0$8,810,120