Can I retire at age 45 with 484,000?

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 $484,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$39,968$39,612$39,265$38,926$38,595$37,955
2 years$19,786$19,418$19,061$18,714$18,378$17,736
3 years$13,060$12,690$12,333$11,990$11,660$11,035
4 years$9,697$9,328$8,976$8,638$8,316$7,713
5 years$7,680$7,313$6,965$6,635$6,322$5,742
6 years$6,336$5,972$5,629$5,306$5,002$4,447
7 years$5,376$5,015$4,678$4,363$4,068$3,537
8 years$4,657$4,299$3,967$3,660$3,375$2,868
9 years$4,097$3,743$3,417$3,117$2,842$2,360
10 years$3,650$3,299$2,979$2,687$2,422$1,963
11 years$3,285$2,937$2,623$2,339$2,083$1,647
12 years$2,980$2,636$2,328$2,051$1,805$1,392
13 years$2,723$2,382$2,079$1,811$1,574$1,183
14 years$2,502$2,166$1,868$1,608$1,380$1,010
15 years$2,311$1,978$1,687$1,434$1,215$866
16 years$2,144$1,815$1,529$1,284$1,074$745
17 years$1,997$1,672$1,392$1,153$952$642
18 years$1,867$1,545$1,270$1,039$846$555
19 years$1,750$1,432$1,163$939$754$481
20 years$1,645$1,330$1,067$851$674$417
21 years$1,550$1,239$982$772$603$362
22 years$1,464$1,157$905$702$541$315
23 years$1,386$1,082$835$639$485$274
24 years$1,314$1,014$773$583$436$239
25 years$1,248$951$716$532$392$209
26 years$1,187$894$664$487$353$182
27 years$1,131$841$616$446$319$159
28 years$1,079$793$573$408$288$139
29 years$1,030$748$533$374$260$122
30 years$985$706$497$344$235$106
31 years$943$668$463$316$212$93
32 years$904$632$432$290$192$81
33 years$867$598$403$267$174$71
34 years$832$567$377$245$157$62
35 years$799$538$352$226$142$55
36 years$769$510$330$208$129$48
37 years$740$485$309$192$117$42
38 years$712$461$289$177$106$37
39 years$686$438$271$163$96$32
40 years$662$417$254$150$87$28
41 years$638$397$238$139$79$25
42 years$616$378$223$128$72$22
43 years$595$360$209$118$65$19
44 years$575$343$197$109$59$17
45 years$556$327$185$101$54$15
46 years$538$312$173$93$49$13
47 years$520$298$163$86$44$11
48 years$504$284$153$79$40$10
49 years$488$272$144$73$37$9
50 years$473$259$135$68$33$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $484,000, adding $2,478 every year, while hoping to spend $34,010 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: 58/17/25 Blend
44$484,000$484,000$484,000$484,000
45$535,924$510,272$502,770$563,247
46$554,402$499,089$483,426$571,005
47$573,625$486,218$462,295$575,622
48$593,632$471,541$439,280$579,936
49$614,468$454,931$414,281$583,924
50$636,178$436,257$387,193$587,566
51$658,812$415,378$357,908$590,841
52$682,423$392,144$326,311$593,726
53$707,070$366,398$292,282$596,200
54$732,815$337,975$255,697$598,241
55$759,724$306,699$216,425$599,827
56$787,872$272,383$174,331$600,936
57$817,336$234,831$129,272$601,548
58$848,202$193,835$81,101$601,641
59$880,563$149,177$29,662$601,196
60$914,519$100,625$0$600,194
61$950,178$47,935$0$605,348
62$987,660$0$0$618,793
63$1,027,093$0$0$634,354
64$1,068,616$0$0$660,197
65$1,112,383$0$0$687,452
66$1,158,559$0$0$716,225
67$1,207,326$0$0$746,630
68$1,258,881$0$0$778,793
69$1,313,439$0$0$812,850
70$1,371,236$0$0$848,952
71$1,432,528$0$0$887,262
72$1,497,598$0$0$927,959
73$1,566,751$0$0$971,238
74$1,640,325$0$0$1,017,313
75$1,718,686$0$0$1,066,418
76$1,802,239$0$0$1,118,811
77$1,891,424$0$0$1,174,771
78$1,986,724$0$0$1,234,607
79$2,088,670$0$0$1,298,657
80$2,197,842$0$0$1,367,291
81$2,314,878$0$0$1,440,915
82$2,440,476$0$0$1,519,975
83$2,575,404$0$0$1,604,959
84$2,720,504$0$0$1,696,405
85$2,876,700$0$0$1,794,903
86$3,045,006$0$0$1,901,099
87$3,226,540$0$0$2,015,706
88$3,422,524$0$0$2,139,504
89$3,634,305$0$0$2,273,353
90$3,863,362$0$0$2,418,196
91$4,111,322$0$0$2,575,072
92$4,379,971$0$0$2,745,121
93$4,671,275$0$0$2,929,598
94$4,987,395$0$0$3,129,883
95$5,330,708$0$0$3,347,492
96$5,703,830$0$0$3,584,097
97$6,109,635$0$0$3,841,532
98$6,551,289$0$0$4,121,819
99$7,032,274$0$0$4,427,182
100$7,556,421$0$0$4,760,068