Can I retire at age 45 with 509,000?

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 $509,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$42,033$41,658$41,293$40,937$40,588$39,148
2 years$20,808$20,421$20,045$19,681$19,328$17,892
3 years$13,734$13,345$12,971$12,610$12,262$10,876
4 years$10,198$9,810$9,439$9,085$8,746$7,420
5 years$8,077$7,691$7,325$6,978$6,648$5,386
6 years$6,663$6,280$5,920$5,580$5,261$4,063
7 years$5,654$5,274$4,919$4,588$4,278$3,146
8 years$4,897$4,521$4,172$3,849$3,549$2,480
9 years$4,309$3,936$3,593$3,278$2,989$1,982
10 years$3,839$3,470$3,133$2,826$2,547$1,600
11 years$3,454$3,089$2,758$2,459$2,190$1,302
12 years$3,134$2,772$2,448$2,157$1,898$1,066
13 years$2,863$2,505$2,187$1,904$1,655$877
14 years$2,631$2,277$1,965$1,691$1,451$725
15 years$2,431$2,080$1,774$1,508$1,277$601
16 years$2,255$1,909$1,608$1,350$1,129$499
17 years$2,100$1,758$1,464$1,213$1,001$416
18 years$1,963$1,624$1,336$1,093$890$347
19 years$1,840$1,505$1,223$988$793$290
20 years$1,730$1,399$1,123$895$709$242
21 years$1,630$1,303$1,033$812$634$203
22 years$1,540$1,216$952$738$568$170
23 years$1,457$1,138$879$672$510$143
24 years$1,382$1,066$813$613$459$120
25 years$1,312$1,000$753$560$413$101
26 years$1,248$940$698$512$372$84
27 years$1,189$885$648$469$335$71
28 years$1,134$834$603$429$302$60
29 years$1,084$787$561$394$273$50
30 years$1,036$743$522$361$247$42
31 years$992$702$487$332$223$35
32 years$950$664$454$305$202$30
33 years$912$629$424$280$183$25
34 years$875$596$396$258$165$21
35 years$841$566$371$238$150$18
36 years$808$537$347$219$136$15
37 years$778$510$324$202$123$13
38 years$749$485$304$186$111$11
39 years$722$461$285$171$101$9
40 years$696$438$267$158$92$7
41 years$671$417$250$146$83$6
42 years$648$397$235$135$75$5
43 years$626$379$220$124$69$4
44 years$605$361$207$115$62$4
45 years$585$344$194$106$56$3
46 years$565$328$182$98$51$3
47 years$547$313$171$90$47$2
48 years$530$299$161$84$42$2
49 years$513$286$151$77$38$2
50 years$497$273$142$71$35$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $509,000, adding $6,582 every year, while hoping to spend $22,702 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: 60/32/8 Blend
44$509,000$509,000$509,000$509,000
45$567,707$540,730$532,841$600,396
46$601,459$543,071$526,536$625,438
47$637,892$544,766$519,260$649,556
48$677,256$545,759$510,954$675,293
49$719,827$545,991$501,561$702,806
50$765,904$545,400$491,018$732,268
51$815,819$543,918$479,261$763,872
52$869,938$541,475$466,221$797,827
53$928,660$537,996$451,828$834,370
54$992,427$533,401$436,008$873,757
55$1,061,722$527,606$418,682$916,275
56$1,137,080$520,520$399,770$962,239
57$1,219,087$512,051$379,187$1,012,000
58$1,308,388$502,095$356,844$1,065,942
59$1,405,694$490,549$332,649$1,124,492
60$1,511,787$477,297$306,504$1,188,121
61$1,627,526$462,222$278,310$1,257,350
62$1,753,860$445,196$247,958$1,332,753
63$1,891,829$426,087$215,341$1,414,967
64$2,042,583$404,752$180,342$1,504,692
65$2,207,383$381,042$142,840$1,602,704
66$2,387,622$354,798$102,711$1,709,860
67$2,584,830$325,854$59,822$1,827,104
68$2,800,693$294,032$14,037$1,955,482
69$3,037,070$259,146$0$2,096,146
70$3,296,004$220,997$0$2,253,344
71$3,579,748$179,377$0$2,426,979
72$3,890,782$134,066$0$2,617,420
73$4,231,837$84,830$0$2,826,392
74$4,605,922$31,424$0$3,055,804
75$5,016,350$0$0$3,307,759
76$5,466,771$0$0$3,593,879
77$5,961,206$0$0$3,920,146
78$6,504,084$0$0$4,278,422
79$7,100,282$0$0$4,671,933
80$7,755,175$0$0$5,104,231
81$8,474,683$0$0$5,579,230
82$9,265,328$0$0$6,101,241
83$10,134,295$0$0$6,675,015
84$11,089,500$0$0$7,305,784
85$12,139,663$0$0$7,999,314
86$13,294,392$0$0$8,761,957
87$14,564,273$0$0$9,600,711
88$15,960,968$0$0$10,523,286
89$17,497,327$0$0$11,538,178
90$19,187,507$0$0$12,654,747
91$21,047,107$0$0$13,883,306
92$23,093,315$0$0$15,235,217
93$25,345,066$0$0$16,723,002
94$27,823,228$0$0$18,360,455
95$30,550,791$0$0$20,162,777
96$33,553,087$0$0$22,146,717
97$36,858,030$0$0$24,330,730
98$40,496,377$0$0$26,735,151
99$44,502,019$0$0$29,382,388
100$48,912,298$0$0$32,297,131