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%17.9%
1 years$42,033$41,658$41,293$40,937$40,588$39,289
2 years$20,808$20,421$20,045$19,681$19,328$18,031
3 years$13,734$13,345$12,971$12,610$12,262$11,008
4 years$10,198$9,810$9,439$9,085$8,746$7,544
5 years$8,077$7,691$7,325$6,978$6,648$5,503
6 years$6,663$6,280$5,920$5,580$5,261$4,172
7 years$5,654$5,274$4,919$4,588$4,278$3,246
8 years$4,897$4,521$4,172$3,849$3,549$2,573
9 years$4,309$3,936$3,593$3,278$2,989$2,067
10 years$3,839$3,470$3,133$2,826$2,547$1,679
11 years$3,454$3,089$2,758$2,459$2,190$1,374
12 years$3,134$2,772$2,448$2,157$1,898$1,132
13 years$2,863$2,505$2,187$1,904$1,655$937
14 years$2,631$2,277$1,965$1,691$1,451$779
15 years$2,431$2,080$1,774$1,508$1,277$650
16 years$2,255$1,909$1,608$1,350$1,129$544
17 years$2,100$1,758$1,464$1,213$1,001$456
18 years$1,963$1,624$1,336$1,093$890$383
19 years$1,840$1,505$1,223$988$793$322
20 years$1,730$1,399$1,123$895$709$271
21 years$1,630$1,303$1,033$812$634$229
22 years$1,540$1,216$952$738$568$193
23 years$1,457$1,138$879$672$510$163
24 years$1,382$1,066$813$613$459$138
25 years$1,312$1,000$753$560$413$117
26 years$1,248$940$698$512$372$99
27 years$1,189$885$648$469$335$83
28 years$1,134$834$603$429$302$71
29 years$1,084$787$561$394$273$60
30 years$1,036$743$522$361$247$51
31 years$992$702$487$332$223$43
32 years$950$664$454$305$202$36
33 years$912$629$424$280$183$31
34 years$875$596$396$258$165$26
35 years$841$566$371$238$150$22
36 years$808$537$347$219$136$19
37 years$778$510$324$202$123$16
38 years$749$485$304$186$111$14
39 years$722$461$285$171$101$11
40 years$696$438$267$158$92$10
41 years$671$417$250$146$83$8
42 years$648$397$235$135$75$7
43 years$626$379$220$124$69$6
44 years$605$361$207$115$62$5
45 years$585$344$194$106$56$4
46 years$565$328$182$98$51$4
47 years$547$313$171$90$47$3
48 years$530$299$161$84$42$3
49 years$513$286$151$77$38$2
50 years$497$273$142$71$35$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $509,000, adding $6,182 every year, while hoping to spend $34,358 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: 35/49/16 Blend
44$509,000$509,000$509,000$509,000
45$567,295$540,318$532,428$584,162
46$588,602$530,237$513,708$586,896
47$610,931$518,510$493,209$586,166
48$634,350$505,021$470,835$584,643
49$658,933$489,646$446,487$582,275
50$684,759$472,254$420,060$579,009
51$711,916$452,705$391,443$574,788
52$740,498$430,854$360,523$569,555
53$770,608$406,546$327,180$563,250
54$802,359$379,616$291,289$555,812
55$835,873$349,890$252,721$547,178
56$871,283$317,185$211,338$537,280
57$908,734$281,308$166,998$526,054
58$948,386$242,053$119,553$513,430
59$990,411$199,203$68,848$499,339
60$1,035,000$152,531$14,721$483,708
61$1,082,359$101,794$0$466,467
62$1,132,715$46,737$0$454,889
63$1,186,315$0$0$444,715
64$1,243,433$0$0$440,346
65$1,304,363$0$0$462,611
66$1,369,433$0$0$486,433
67$1,438,999$0$0$511,949
68$1,513,451$0$0$539,309
69$1,593,220$0$0$568,676
70$1,678,775$0$0$600,231
71$1,770,633$0$0$634,171
72$1,869,359$0$0$670,714
73$1,975,577$0$0$710,098
74$2,089,968$0$0$752,585
75$2,213,284$0$0$798,462
76$2,346,346$0$0$848,045
77$2,490,062$0$0$901,682
78$2,645,424$0$0$959,755
79$2,813,527$0$0$1,022,684
80$2,995,572$0$0$1,090,930
81$3,192,880$0$0$1,165,002
82$3,406,903$0$0$1,245,456
83$3,639,240$0$0$1,332,908
84$3,891,648$0$0$1,428,033
85$4,166,060$0$0$1,531,575
86$4,464,601$0$0$1,644,351
87$4,789,612$0$0$1,767,262
88$5,143,668$0$0$1,901,298
89$5,529,600$0$0$2,047,550
90$5,950,528$0$0$2,207,218
91$6,409,884$0$0$2,381,622
92$6,911,444$0$0$2,572,218
93$7,459,368$0$0$2,780,606
94$8,058,233$0$0$3,008,550
95$8,713,080$0$0$3,257,989
96$9,429,457$0$0$3,531,063
97$10,213,476$0$0$3,830,124
98$11,071,864$0$0$4,157,764
99$12,012,032$0$0$4,516,838
100$13,042,138$0$0$4,910,489