Can I retire at age 45 with 510,000?

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 $510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$42,115$41,740$41,374$41,017$40,668$40,127
2 years$20,849$20,461$20,085$19,720$19,366$18,821
3 years$13,761$13,371$12,996$12,635$12,286$11,756
4 years$10,218$9,829$9,458$9,103$8,763$8,250
5 years$8,093$7,706$7,340$6,992$6,661$6,168
6 years$6,676$6,293$5,932$5,591$5,271$4,797
7 years$5,665$5,285$4,929$4,597$4,287$3,833
8 years$4,907$4,530$4,180$3,856$3,556$3,122
9 years$4,317$3,944$3,600$3,285$2,995$2,581
10 years$3,846$3,477$3,139$2,831$2,552$2,157
11 years$3,461$3,095$2,764$2,464$2,195$1,819
12 years$3,140$2,778$2,453$2,161$1,902$1,545
13 years$2,869$2,510$2,191$1,908$1,658$1,320
14 years$2,637$2,282$1,969$1,694$1,454$1,133
15 years$2,435$2,085$1,778$1,511$1,280$977
16 years$2,259$1,913$1,612$1,353$1,131$845
17 years$2,104$1,761$1,466$1,215$1,003$733
18 years$1,967$1,628$1,339$1,095$892$637
19 years$1,844$1,508$1,226$990$795$555
20 years$1,733$1,402$1,125$896$710$484
21 years$1,633$1,306$1,035$813$635$423
22 years$1,543$1,219$953$740$570$370
23 years$1,460$1,140$880$674$511$325
24 years$1,384$1,068$814$614$460$285
25 years$1,315$1,002$754$561$414$250
26 years$1,251$942$699$513$372$220
27 years$1,192$887$649$470$336$193
28 years$1,137$835$604$430$303$170
29 years$1,086$788$562$395$274$149
30 years$1,038$744$523$362$247$132
31 years$994$704$488$333$224$116
32 years$952$666$455$306$202$102
33 years$913$630$425$281$183$90
34 years$877$598$397$259$166$79
35 years$842$567$371$238$150$70
36 years$810$538$347$219$136$62
37 years$779$511$325$202$123$54
38 years$751$486$304$186$112$48
39 years$723$462$285$172$101$42
40 years$697$439$267$158$92$37
41 years$673$418$251$146$83$33
42 years$649$398$235$135$76$29
43 years$627$379$221$124$69$26
44 years$606$362$207$115$62$23
45 years$586$345$194$106$57$20
46 years$567$329$183$98$51$18
47 years$548$314$172$91$47$16
48 years$531$300$161$84$42$14
49 years$514$286$152$77$38$12
50 years$498$273$143$71$35$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $510,000, adding $2,713 every year, while hoping to spend $35,633 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: 50/28/22 Blend
44$510,000$510,000$510,000$510,000
45$564,818$537,788$529,883$589,452
46$584,517$526,227$509,721$595,261
47$605,030$512,904$487,689$597,727
48$626,404$497,697$463,688$599,669
49$648,687$480,474$437,611$601,051
50$671,932$461,097$409,350$601,836
51$696,196$439,418$378,791$601,987
52$721,541$415,282$345,813$601,465
53$748,032$388,525$310,292$600,230
54$775,742$358,973$272,097$598,241
55$804,747$326,442$231,092$595,455
56$835,132$290,739$187,134$591,829
57$866,988$251,657$140,075$587,320
58$900,413$208,981$89,760$581,884
59$935,515$162,481$36,027$575,474
60$972,410$111,915$0$568,047
61$1,011,225$57,028$0$564,560
62$1,052,097$0$0$569,316
63$1,095,176$0$0$574,601
64$1,140,626$0$0$598,735
65$1,188,625$0$0$624,246
66$1,239,367$0$0$651,238
67$1,293,064$0$0$679,828
68$1,349,948$0$0$710,142
69$1,410,270$0$0$742,319
70$1,474,309$0$0$776,510
71$1,542,365$0$0$812,880
72$1,614,770$0$0$851,611
73$1,691,886$0$0$892,901
74$1,774,108$0$0$936,966
75$1,861,870$0$0$984,045
76$1,955,649$0$0$1,034,399
77$2,055,965$0$0$1,088,314
78$2,163,390$0$0$1,146,103
79$2,278,550$0$0$1,208,109
80$2,402,133$0$0$1,274,711
81$2,534,894$0$0$1,346,323
82$2,677,660$0$0$1,423,399
83$2,831,340$0$0$1,506,440
84$2,996,934$0$0$1,595,992
85$3,175,537$0$0$1,692,660
86$3,368,355$0$0$1,797,105
87$3,576,710$0$0$1,910,055
88$3,802,059$0$0$2,032,310
89$4,046,000$0$0$2,164,749
90$4,310,291$0$0$2,308,338
91$4,596,865$0$0$2,464,141
92$4,907,847$0$0$2,633,328
93$5,245,576$0$0$2,817,183
94$5,612,623$0$0$3,017,123
95$6,011,817$0$0$3,234,702
96$6,446,270$0$0$3,471,635
97$6,919,406$0$0$3,729,805
98$7,434,994$0$0$4,011,286
99$7,997,181$0$0$4,318,361
100$8,610,531$0$0$4,653,542