Can I retire at age 45 with 486,000?

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 $486,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$40,133$39,776$39,427$39,087$38,754$37,910
2 years$19,868$19,498$19,139$18,792$18,454$17,608
3 years$13,114$12,742$12,384$12,040$11,708$10,886
4 years$9,737$9,367$9,013$8,674$8,350$7,559
5 years$7,712$7,344$6,994$6,663$6,348$5,589
6 years$6,362$5,997$5,652$5,328$5,023$4,298
7 years$5,398$5,036$4,697$4,381$4,085$3,394
8 years$4,676$4,317$3,984$3,675$3,389$2,732
9 years$4,114$3,759$3,431$3,130$2,854$2,230
10 years$3,665$3,313$2,991$2,698$2,432$1,840
11 years$3,298$2,949$2,633$2,348$2,091$1,531
12 years$2,992$2,647$2,337$2,060$1,812$1,283
13 years$2,734$2,392$2,088$1,818$1,580$1,081
14 years$2,512$2,175$1,876$1,614$1,385$915
15 years$2,321$1,986$1,694$1,440$1,220$777
16 years$2,153$1,823$1,536$1,289$1,078$662
17 years$2,005$1,678$1,397$1,158$956$566
18 years$1,874$1,551$1,276$1,044$850$485
19 years$1,757$1,437$1,168$943$758$416
20 years$1,652$1,336$1,072$854$677$357
21 years$1,557$1,244$986$775$606$307
22 years$1,470$1,161$909$705$543$265
23 years$1,391$1,086$839$642$487$228
24 years$1,319$1,018$776$585$438$197
25 years$1,253$955$719$535$394$170
26 years$1,192$898$666$489$355$147
27 years$1,135$845$619$447$320$127
28 years$1,083$796$575$410$289$110
29 years$1,035$751$535$376$261$95
30 years$989$709$499$345$236$82
31 years$947$670$465$317$213$71
32 years$907$634$434$291$193$62
33 years$870$601$405$268$174$53
34 years$836$569$378$246$158$46
35 years$803$540$354$227$143$40
36 years$772$513$331$209$130$35
37 years$743$487$310$192$117$30
38 years$715$463$290$177$106$26
39 years$689$440$272$164$97$23
40 years$664$419$255$151$88$20
41 years$641$398$239$139$79$17
42 years$619$379$224$128$72$15
43 years$598$362$210$119$65$13
44 years$577$345$197$110$59$11
45 years$558$329$185$101$54$10
46 years$540$314$174$93$49$8
47 years$522$299$164$86$44$7
48 years$506$286$154$80$40$6
49 years$490$273$144$74$37$5
50 years$475$261$136$68$33$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $486,000, adding $4,061 every year, while hoping to spend $22,168 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: 28/49/23 Blend
44$486,000$486,000$486,000$486,000
45$539,761$514,003$506,470$550,889
46$571,230$515,602$499,850$561,522
47$605,166$516,537$492,266$570,716
48$641,797$516,752$483,660$580,130
49$681,374$516,186$473,977$589,796
50$724,172$514,777$463,153$599,754
51$770,494$512,459$451,126$610,048
52$820,674$509,158$437,828$620,726
53$875,077$504,802$423,189$631,848
54$934,107$499,308$407,138$643,478
55$998,205$492,594$389,596$655,692
56$1,067,859$484,568$370,484$668,576
57$1,143,604$475,135$349,719$682,224
58$1,226,030$464,196$327,214$696,748
59$1,315,786$451,642$302,876$712,270
60$1,413,585$437,361$276,611$728,931
61$1,520,213$421,234$248,320$746,886
62$1,636,533$403,133$217,897$766,314
63$1,763,498$382,925$185,235$787,412
64$1,902,155$360,468$150,220$810,406
65$2,053,656$335,612$112,734$835,544
66$2,219,271$308,199$72,652$863,109
67$2,400,397$278,062$29,847$893,414
68$2,598,573$245,022$0$926,812
69$2,815,492$208,893$0$967,581
70$3,053,022$169,478$0$1,020,344
71$3,313,215$126,568$0$1,078,296
72$3,598,335$79,942$0$1,142,020
73$3,910,873$29,367$0$1,212,165
74$4,253,573$0$0$1,289,452
75$4,629,459$0$0$1,388,377
76$5,041,858$0$0$1,514,364
77$5,494,438$0$0$1,652,709
78$5,991,238$0$0$1,804,658
79$6,536,707$0$0$1,971,582
80$7,135,746$0$0$2,154,992
81$7,793,755$0$0$2,356,553
82$8,516,681$0$0$2,578,097
83$9,311,075$0$0$2,821,647
84$10,184,158$0$0$3,089,427
85$11,143,881$0$0$3,383,890
86$12,199,005$0$0$3,707,737
87$13,359,182$0$0$4,063,945
88$14,635,048$0$0$4,455,794
89$16,038,319$0$0$4,886,897
90$17,581,904$0$0$5,361,236
91$19,280,027$0$0$5,883,198
92$21,148,359$0$0$6,457,617
93$23,204,166$0$0$7,089,817
94$25,466,474$0$0$7,785,668
95$27,956,244$0$0$8,551,635
96$30,696,576$0$0$9,394,843
97$33,712,918$0$0$10,323,144
98$37,033,313$0$0$11,345,187
99$40,688,662$0$0$12,470,504
100$44,713,012$0$0$13,709,599