Can I retire at age 45 with 484,000?

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 $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%15.4%
1 years$39,968$39,612$39,265$38,926$38,595$37,738
2 years$19,786$19,418$19,061$18,714$18,378$17,520
3 years$13,060$12,690$12,333$11,990$11,660$10,827
4 years$9,697$9,328$8,976$8,638$8,316$7,514
5 years$7,680$7,313$6,965$6,635$6,322$5,553
6 years$6,336$5,972$5,629$5,306$5,002$4,268
7 years$5,376$5,015$4,678$4,363$4,068$3,368
8 years$4,657$4,299$3,967$3,660$3,375$2,709
9 years$4,097$3,743$3,417$3,117$2,842$2,210
10 years$3,650$3,299$2,979$2,687$2,422$1,823
11 years$3,285$2,937$2,623$2,339$2,083$1,516
12 years$2,980$2,636$2,328$2,051$1,805$1,270
13 years$2,723$2,382$2,079$1,811$1,574$1,069
14 years$2,502$2,166$1,868$1,608$1,380$904
15 years$2,311$1,978$1,687$1,434$1,215$768
16 years$2,144$1,815$1,529$1,284$1,074$654
17 years$1,997$1,672$1,392$1,153$952$558
18 years$1,867$1,545$1,270$1,039$846$477
19 years$1,750$1,432$1,163$939$754$409
20 years$1,645$1,330$1,067$851$674$351
21 years$1,550$1,239$982$772$603$302
22 years$1,464$1,157$905$702$541$260
23 years$1,386$1,082$835$639$485$224
24 years$1,314$1,014$773$583$436$193
25 years$1,248$951$716$532$392$167
26 years$1,187$894$664$487$353$144
27 years$1,131$841$616$446$319$124
28 years$1,079$793$573$408$288$107
29 years$1,030$748$533$374$260$93
30 years$985$706$497$344$235$80
31 years$943$668$463$316$212$69
32 years$904$632$432$290$192$60
33 years$867$598$403$267$174$52
34 years$832$567$377$245$157$45
35 years$799$538$352$226$142$39
36 years$769$510$330$208$129$34
37 years$740$485$309$192$117$29
38 years$712$461$289$177$106$25
39 years$686$438$271$163$96$22
40 years$662$417$254$150$87$19
41 years$638$397$238$139$79$16
42 years$616$378$223$128$72$14
43 years$595$360$209$118$65$12
44 years$575$343$197$109$59$11
45 years$556$327$185$101$54$9
46 years$538$312$173$93$49$8
47 years$520$298$163$86$44$7
48 years$504$284$153$79$40$6
49 years$488$272$144$73$37$5
50 years$473$259$135$68$33$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $484,000, adding $4,757 every year, while hoping to spend $38,459 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: 57/30/13 Blend
44$484,000$484,000$484,000$484,000
45$538,275$512,623$505,121$566,921
46$552,259$496,821$481,122$571,046
47$566,380$478,956$455,031$570,888
48$580,612$458,887$426,736$569,812
49$594,925$436,462$396,121$567,738
50$609,282$411,524$363,067$564,577
51$623,645$383,905$327,445$560,234
52$637,967$353,427$289,125$554,607
53$652,198$319,903$247,969$547,586
54$666,279$283,135$203,833$539,053
55$680,144$242,913$156,566$528,882
56$693,720$199,016$106,012$516,934
57$706,922$151,211$52,006$503,063
58$719,658$99,251$0$487,108
59$731,823$42,874$0$469,679
60$743,300$0$0$457,560
61$753,958$0$0$449,361
62$763,650$0$0$454,686
63$772,213$0$0$459,277
64$779,466$0$0$463,021
65$785,207$0$0$465,789
66$789,209$0$0$467,439
67$791,222$0$0$467,813
68$790,969$0$0$466,734
69$788,140$0$0$464,009
70$782,391$0$0$459,420
71$773,343$0$0$452,727
72$760,574$0$0$443,665
73$743,614$0$0$431,939
74$721,947$0$0$417,222
75$694,998$0$0$399,152
76$662,132$0$0$377,329
77$622,645$0$0$351,310
78$575,759$0$0$320,606
79$520,613$0$0$284,673
80$456,256$0$0$242,914
81$381,634$0$0$194,665
82$295,584$0$0$139,194
83$196,820$0$0$75,693
84$83,922$0$0$3,267
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0