Can I retire at age 45 with 483,000?

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 $483,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$39,886$39,530$39,184$38,845$38,515$37,815
2 years$19,745$19,378$19,021$18,676$18,341$17,638
3 years$13,033$12,664$12,308$11,966$11,636$10,952
4 years$9,677$9,309$8,957$8,621$8,299$7,639
5 years$7,664$7,298$6,951$6,621$6,309$5,676
6 years$6,323$5,960$5,617$5,295$4,992$4,386
7 years$5,365$5,005$4,668$4,354$4,060$3,481
8 years$4,647$4,290$3,959$3,652$3,368$2,816
9 years$4,089$3,735$3,410$3,111$2,836$2,311
10 years$3,643$3,293$2,973$2,681$2,417$1,918
11 years$3,278$2,931$2,617$2,334$2,078$1,605
12 years$2,974$2,631$2,323$2,047$1,801$1,353
13 years$2,717$2,378$2,075$1,807$1,571$1,147
14 years$2,497$2,161$1,865$1,604$1,377$977
15 years$2,306$1,974$1,683$1,431$1,212$835
16 years$2,140$1,811$1,526$1,281$1,071$716
17 years$1,993$1,668$1,389$1,151$950$616
18 years$1,863$1,541$1,268$1,037$845$531
19 years$1,746$1,429$1,161$937$753$458
20 years$1,642$1,328$1,065$849$672$396
21 years$1,547$1,237$980$770$602$343
22 years$1,461$1,154$903$700$539$298
23 years$1,383$1,080$834$638$484$258
24 years$1,311$1,011$771$582$435$225
25 years$1,245$949$714$531$392$195
26 years$1,185$892$662$486$353$170
27 years$1,128$840$615$445$318$148
28 years$1,077$791$572$407$287$129
29 years$1,028$746$532$374$259$112
30 years$983$705$496$343$234$98
31 years$941$666$462$315$212$85
32 years$902$630$431$289$191$75
33 years$865$597$403$266$173$65
34 years$830$566$376$245$157$57
35 years$798$537$352$225$142$50
36 years$767$509$329$208$129$43
37 years$738$484$308$191$117$38
38 years$711$460$288$176$106$33
39 years$685$437$270$163$96$29
40 years$660$416$253$150$87$25
41 years$637$396$237$138$79$22
42 years$615$377$223$128$72$19
43 years$594$359$209$118$65$17
44 years$574$343$196$109$59$15
45 years$555$327$184$101$54$13
46 years$537$312$173$93$49$11
47 years$519$297$163$86$44$10
48 years$503$284$153$79$40$9
49 years$487$271$144$73$36$7
50 years$472$259$135$68$33$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $483,000, adding $3,474 every year, while hoping to spend $20,337 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: 58/37/5 Blend
44$483,000$483,000$483,000$483,000
45$535,849$510,250$502,764$566,234
46$568,868$513,614$497,968$590,388
47$604,572$516,461$492,330$614,076
48$643,215$518,745$485,800$639,380
49$685,075$520,415$478,326$666,454
50$730,456$521,419$469,853$695,471
51$779,695$521,700$460,326$726,620
52$833,160$521,200$449,682$760,111
53$891,257$519,854$437,862$796,176
54$954,433$517,595$424,798$835,071
55$1,023,180$514,351$410,424$877,078
56$1,098,038$510,048$394,666$922,511
57$1,179,602$504,604$377,452$971,715
58$1,268,527$497,935$358,702$1,025,070
59$1,365,533$489,951$338,335$1,082,999
60$1,471,413$480,554$316,265$1,145,967
61$1,587,042$469,646$292,404$1,214,488
62$1,713,379$457,117$266,658$1,289,130
63$1,851,482$442,855$238,930$1,370,520
64$2,002,518$426,739$209,119$1,459,352
65$2,167,768$408,643$177,118$1,556,390
66$2,348,645$388,430$142,816$1,662,478
67$2,546,703$365,961$106,097$1,778,551
68$2,763,657$341,082$66,841$1,905,638
69$3,001,391$313,637$24,921$2,044,876
70$3,261,983$283,455$0$2,197,520
71$3,547,721$250,359$0$2,366,015
72$3,861,123$214,162$0$2,552,321
73$4,204,967$174,665$0$2,756,803
74$4,582,307$131,658$0$2,981,335
75$4,996,512$84,918$0$3,227,982
76$5,451,290$34,214$0$3,499,023
77$5,950,728$0$0$3,796,976
78$6,499,325$0$0$4,133,044
79$7,102,041$0$0$4,517,612
80$7,764,336$0$0$4,940,241
81$8,492,230$0$0$5,404,775
82$9,292,350$0$0$5,915,451
83$10,172,000$0$0$6,476,938
84$11,139,228$0$0$7,094,376
85$12,202,898$0$0$7,773,432
86$13,372,778$0$0$8,520,348
87$14,659,628$0$0$9,342,001
88$16,075,307$0$0$10,245,969
89$17,632,877$0$0$11,240,601
90$19,346,733$0$0$12,335,095
91$21,232,734$0$0$13,539,589
92$23,308,355$0$0$14,865,250
93$25,592,851$0$0$16,324,384
94$28,107,437$0$0$17,930,550
95$30,875,490$0$0$19,698,690
96$33,922,770$0$0$21,645,265
97$37,277,659$0$0$23,788,416
98$40,971,431$0$0$26,148,131
99$45,038,549$0$0$28,746,436
100$49,516,985$0$0$31,607,601