Can I retire at age 45 with 483,000?

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 $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%16.6%
1 years$39,886$39,530$39,184$38,845$38,515$37,478
2 years$19,745$19,378$19,021$18,676$18,341$17,303
3 years$13,033$12,664$12,308$11,966$11,636$10,630
4 years$9,677$9,309$8,957$8,621$8,299$7,333
5 years$7,664$7,298$6,951$6,621$6,309$5,385
6 years$6,323$5,960$5,617$5,295$4,992$4,112
7 years$5,365$5,005$4,668$4,354$4,060$3,223
8 years$4,647$4,290$3,959$3,652$3,368$2,574
9 years$4,089$3,735$3,410$3,111$2,836$2,085
10 years$3,643$3,293$2,973$2,681$2,417$1,707
11 years$3,278$2,931$2,617$2,334$2,078$1,409
12 years$2,974$2,631$2,323$2,047$1,801$1,170
13 years$2,717$2,378$2,075$1,807$1,571$978
14 years$2,497$2,161$1,865$1,604$1,377$820
15 years$2,306$1,974$1,683$1,431$1,212$690
16 years$2,140$1,811$1,526$1,281$1,071$583
17 years$1,993$1,668$1,389$1,151$950$493
18 years$1,863$1,541$1,268$1,037$845$418
19 years$1,746$1,429$1,161$937$753$355
20 years$1,642$1,328$1,065$849$672$302
21 years$1,547$1,237$980$770$602$258
22 years$1,461$1,154$903$700$539$220
23 years$1,383$1,080$834$638$484$187
24 years$1,311$1,011$771$582$435$160
25 years$1,245$949$714$531$392$137
26 years$1,185$892$662$486$353$117
27 years$1,128$840$615$445$318$100
28 years$1,077$791$572$407$287$86
29 years$1,028$746$532$374$259$73
30 years$983$705$496$343$234$63
31 years$941$666$462$315$212$54
32 years$902$630$431$289$191$46
33 years$865$597$403$266$173$39
34 years$830$566$376$245$157$34
35 years$798$537$352$225$142$29
36 years$767$509$329$208$129$25
37 years$738$484$308$191$117$21
38 years$711$460$288$176$106$18
39 years$685$437$270$163$96$16
40 years$660$416$253$150$87$13
41 years$637$396$237$138$79$11
42 years$615$377$223$128$72$10
43 years$594$359$209$118$65$8
44 years$574$343$196$109$59$7
45 years$555$327$184$101$54$6
46 years$537$312$173$93$49$5
47 years$519$297$163$86$44$5
48 years$503$284$153$79$40$4
49 years$487$271$144$73$36$3
50 years$472$259$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 $483,000, adding $2,676 every year, while hoping to spend $28,327 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: 82/10/8 Blend
44$483,000$483,000$483,000$483,000
45$535,026$509,427$501,941$578,159
46$559,459$504,250$488,616$601,594
47$585,435$497,869$473,896$623,267
48$613,081$490,196$457,703$646,194
49$642,537$481,137$439,957$670,486
50$673,955$470,592$420,575$696,263
51$707,503$458,456$399,469$723,659
52$743,364$444,616$376,547$752,818
53$781,740$428,955$351,714$783,904
54$822,850$411,346$324,869$817,094
55$866,937$391,658$295,909$852,584
56$914,265$369,750$264,722$890,590
57$965,127$345,475$231,197$931,350
58$1,019,841$318,674$195,213$975,127
59$1,078,758$289,182$156,646$1,022,210
60$1,142,264$256,825$115,367$1,072,919
61$1,210,782$221,416$71,238$1,127,605
62$1,284,777$182,761$24,120$1,186,658
63$1,364,760$140,652$0$1,250,503
64$1,451,293$94,872$0$1,321,848
65$1,544,993$45,188$0$1,401,322
66$1,646,539$0$0$1,487,451
67$1,756,677$0$0$1,581,833
68$1,876,229$0$0$1,689,689
69$2,006,096$0$0$1,806,862
70$2,147,272$0$0$1,934,248
71$2,300,850$0$0$2,072,834
72$2,468,031$0$0$2,223,707
73$2,650,139$0$0$2,388,061
74$2,848,627$0$0$2,567,213
75$3,065,100$0$0$2,762,607
76$3,301,318$0$0$2,975,839
77$3,559,224$0$0$3,208,661
78$3,840,953$0$0$3,463,003
79$4,148,856$0$0$3,740,991
80$4,485,524$0$0$4,044,963
81$4,853,807$0$0$4,377,495
82$5,256,844$0$0$4,741,425
83$5,698,091$0$0$5,139,873
84$6,181,354$0$0$5,576,281
85$6,710,825$0$0$6,054,435
86$7,291,119$0$0$6,578,505
87$7,927,321$0$0$7,153,086
88$8,625,029$0$0$7,783,237
89$9,390,411$0$0$8,474,531
90$10,230,260$0$0$9,233,104
91$11,152,056$0$0$10,065,718
92$12,164,043$0$0$10,979,820
93$13,275,298$0$0$11,983,614
94$14,495,823$0$0$13,086,136
95$15,836,634$0$0$14,297,341
96$17,309,869$0$0$15,628,197
97$18,928,897$0$0$17,090,784
98$20,708,449$0$0$18,698,413
99$22,664,752$0$0$20,465,749
100$24,815,686$0$0$22,408,945