Can I retire at age 45 with 492,000?

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 $492,000?

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$40,629$40,267$39,914$39,569$39,233$38,583
2 years$20,113$19,739$19,376$19,024$18,682$18,029
3 years$13,276$12,899$12,537$12,189$11,853$11,217
4 years$9,858$9,482$9,124$8,781$8,454$7,840
5 years$7,807$7,434$7,081$6,745$6,426$5,837
6 years$6,441$6,071$5,722$5,394$5,085$4,520
7 years$5,465$5,098$4,755$4,435$4,135$3,596
8 years$4,734$4,370$4,033$3,720$3,431$2,916
9 years$4,165$3,805$3,473$3,169$2,889$2,399
10 years$3,710$3,354$3,028$2,731$2,462$1,995
11 years$3,339$2,986$2,666$2,377$2,117$1,674
12 years$3,029$2,680$2,366$2,085$1,835$1,415
13 years$2,768$2,422$2,114$1,841$1,600$1,202
14 years$2,543$2,201$1,899$1,634$1,402$1,027
15 years$2,349$2,011$1,715$1,457$1,235$880
16 years$2,180$1,845$1,555$1,305$1,091$757
17 years$2,030$1,699$1,415$1,172$968$653
18 years$1,897$1,570$1,291$1,057$860$564
19 years$1,779$1,455$1,182$955$767$489
20 years$1,672$1,352$1,085$865$685$424
21 years$1,576$1,260$998$785$613$368
22 years$1,488$1,176$920$714$549$320
23 years$1,409$1,100$849$650$493$279
24 years$1,336$1,030$785$593$443$243
25 years$1,268$967$727$541$399$212
26 years$1,207$909$675$495$359$185
27 years$1,150$855$627$453$324$162
28 years$1,097$806$582$415$292$141
29 years$1,047$760$542$381$264$124
30 years$1,001$718$505$349$239$108
31 years$959$679$471$321$216$95
32 years$919$642$439$295$195$83
33 years$881$608$410$271$177$73
34 years$846$576$383$249$160$64
35 years$813$547$358$230$145$56
36 years$781$519$335$211$131$49
37 years$752$493$314$195$119$43
38 years$724$468$294$180$108$37
39 years$698$445$275$166$98$33
40 years$673$424$258$153$89$29
41 years$649$403$242$141$80$25
42 years$626$384$227$130$73$22
43 years$605$366$213$120$66$19
44 years$585$349$200$111$60$17
45 years$565$333$188$102$55$15
46 years$547$317$176$95$50$13
47 years$529$303$166$87$45$11
48 years$512$289$156$81$41$10
49 years$496$276$146$75$37$9
50 years$480$264$137$69$34$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $492,000, adding $2,140 every year, while hoping to spend $22,968 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: 38/36/26 Blend
44$492,000$492,000$492,000$492,000
45$544,391$518,315$510,689$560,790
46$575,482$519,275$503,360$573,937
47$608,973$519,512$495,015$585,859
48$645,087$518,966$485,596$598,297
49$684,065$517,575$475,043$611,311
50$726,174$515,271$463,291$624,972
51$771,707$511,982$450,275$639,356
52$820,985$507,633$435,923$654,552
53$874,362$502,144$420,163$670,657
54$932,228$495,430$402,919$687,782
55$995,009$487,400$384,111$706,050
56$1,063,176$477,959$363,655$725,599
57$1,137,247$467,005$341,464$746,586
58$1,217,790$454,432$317,447$769,183
59$1,305,431$440,126$291,508$793,584
60$1,400,860$423,967$263,548$820,006
61$1,504,834$405,828$233,464$848,689
62$1,618,188$385,575$201,146$879,904
63$1,741,840$363,064$166,480$913,951
64$1,876,799$338,146$129,350$951,164
65$2,024,180$310,662$89,630$991,917
66$2,185,205$280,444$47,191$1,036,623
67$2,361,224$247,314$1,900$1,085,744
68$2,553,720$211,083$0$1,139,793
69$2,764,328$171,555$0$1,212,222
70$2,994,847$128,518$0$1,292,182
71$3,247,258$81,752$0$1,379,891
72$3,523,744$31,024$0$1,476,175
73$3,826,707$0$0$1,581,946
74$4,158,794$0$0$1,707,687
75$4,522,919$0$0$1,859,101
76$4,922,293$0$0$2,025,243
77$5,360,451$0$0$2,207,592
78$5,841,288$0$0$2,407,777
79$6,369,093$0$0$2,627,594
80$6,948,593$0$0$2,869,020
81$7,584,992$0$0$3,134,234
82$8,284,024$0$0$3,425,636
83$9,052,006$0$0$3,745,870
84$9,895,898$0$0$4,097,848
85$10,823,364$0$0$4,484,780
86$11,842,853$0$0$4,910,201
87$12,963,667$0$0$5,378,006
88$14,196,059$0$0$5,892,487
89$15,551,323$0$0$6,458,371
90$17,041,903$0$0$7,080,869
91$18,681,509$0$0$7,765,719
92$20,485,247$0$0$8,519,245
93$22,469,760$0$0$9,348,417
94$24,653,386$0$0$10,260,910
95$27,056,331$0$0$11,265,185
96$29,700,858$0$0$12,370,562
97$32,611,497$0$0$13,587,311
98$35,815,278$0$0$14,926,751
99$39,341,983$0$0$16,401,349
100$43,224,429$0$0$18,024,847