Can I retire at age 45 with 499,000?

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 $499,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$41,207$40,840$40,482$40,132$39,791$38,657
2 years$20,399$20,020$19,651$19,294$18,948$17,814
3 years$13,465$13,083$12,716$12,362$12,021$10,923
4 years$9,998$9,617$9,254$8,906$8,574$7,520
5 years$7,918$7,540$7,181$6,841$6,518$5,511
6 years$6,532$6,157$5,804$5,471$5,157$4,199
7 years$5,543$5,171$4,823$4,498$4,194$3,284
8 years$4,801$4,432$4,090$3,773$3,479$2,617
9 years$4,224$3,859$3,523$3,214$2,930$2,114
10 years$3,763$3,402$3,071$2,770$2,497$1,726
11 years$3,386$3,028$2,704$2,411$2,147$1,421
12 years$3,072$2,718$2,400$2,115$1,861$1,178
13 years$2,807$2,456$2,144$1,867$1,623$981
14 years$2,580$2,233$1,926$1,657$1,422$821
15 years$2,383$2,040$1,739$1,478$1,252$689
16 years$2,211$1,871$1,577$1,323$1,107$580
17 years$2,059$1,723$1,435$1,189$981$489
18 years$1,924$1,592$1,310$1,072$873$414
19 years$1,804$1,476$1,199$968$778$351
20 years$1,696$1,371$1,100$877$695$297
21 years$1,598$1,277$1,012$796$622$252
22 years$1,509$1,192$933$724$557$215
23 years$1,429$1,115$861$659$500$183
24 years$1,355$1,045$797$601$450$155
25 years$1,286$981$738$549$405$132
26 years$1,224$922$684$502$364$113
27 years$1,166$867$635$459$329$96
28 years$1,112$817$591$421$296$82
29 years$1,062$771$550$386$268$70
30 years$1,016$728$512$354$242$60
31 years$972$688$477$325$219$51
32 years$932$651$445$299$198$44
33 years$894$617$416$275$179$37
34 years$858$585$389$253$162$32
35 years$824$554$363$233$147$27
36 years$793$526$340$214$133$23
37 years$763$500$318$198$121$20
38 years$734$475$298$182$109$17
39 years$708$452$279$168$99$14
40 years$682$430$262$155$90$12
41 years$658$409$245$143$82$11
42 years$635$390$230$132$74$9
43 years$614$371$216$122$67$8
44 years$593$354$203$112$61$7
45 years$573$337$190$104$55$6
46 years$554$322$179$96$50$5
47 years$536$307$168$89$46$4
48 years$519$293$158$82$41$4
49 years$503$280$148$76$38$3
50 years$487$268$139$70$34$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $499,000, adding $2,562 every year, while hoping to spend $25,019 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: 69/8/23 Blend
44$499,000$499,000$499,000$499,000
45$552,541$526,094$518,359$587,291
46$582,280$525,252$509,104$610,033
47$614,214$523,531$498,701$631,766
48$648,540$520,861$487,084$654,952
49$685,476$517,167$474,185$679,735
50$725,258$512,372$459,934$706,270
51$768,149$506,393$444,257$734,733
52$814,436$499,142$427,075$765,316
53$864,434$490,526$408,308$798,232
54$918,490$480,445$387,870$833,716
55$976,985$468,796$365,672$872,029
56$1,040,338$455,467$341,623$913,457
57$1,109,009$440,342$315,624$958,318
58$1,183,506$423,297$287,575$1,006,962
59$1,264,384$404,199$257,370$1,059,778
60$1,352,258$382,911$224,898$1,117,193
61$1,447,799$359,285$190,044$1,179,679
62$1,551,751$333,167$152,687$1,247,760
63$1,664,929$304,391$112,701$1,322,011
64$1,788,230$272,784$69,955$1,403,070
65$1,922,643$238,164$24,311$1,491,640
66$2,069,254$200,335$0$1,588,497
67$2,229,260$159,094$0$1,700,486
68$2,403,978$114,223$0$1,829,322
69$2,594,859$65,495$0$1,970,117
70$2,803,498$12,668$0$2,124,062
71$3,031,653$0$0$2,292,473
72$3,281,260$0$0$2,480,718
73$3,554,448$0$0$2,687,994
74$3,853,564$0$0$2,914,972
75$4,181,191$0$0$3,163,615
76$4,540,176$0$0$3,436,085
77$4,933,650$0$0$3,734,766
78$5,365,066$0$0$4,062,281
79$5,838,224$0$0$4,421,518
80$6,357,311$0$0$4,815,662
81$6,926,938$0$0$5,248,218
82$7,552,184$0$0$5,723,048
83$8,238,643$0$0$6,244,404
84$8,992,480$0$0$6,816,974
85$9,820,484$0$0$7,445,918
86$10,730,133$0$0$8,136,924
87$11,729,667$0$0$8,896,255
88$12,828,163$0$0$9,730,813
89$14,035,621$0$0$10,648,200
90$15,363,057$0$0$11,656,794
91$16,822,610$0$0$12,765,822
92$18,427,652$0$0$13,985,452
93$20,192,915$0$0$15,326,887
94$22,134,634$0$0$16,802,467
95$24,270,691$0$0$18,425,793
96$26,620,794$0$0$20,211,845
97$29,206,654$0$0$22,177,134
98$32,052,194$0$0$24,339,848
99$35,183,772$0$0$26,720,030
100$38,630,432$0$0$29,339,762