Can I retire at age 45 with 513,000?

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 $513,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$42,363$41,986$41,618$41,258$40,907$40,718
2 years$20,972$20,581$20,203$19,836$19,480$19,288
3 years$13,842$13,450$13,072$12,709$12,359$12,172
4 years$10,278$9,887$9,513$9,156$8,814$8,633
5 years$8,140$7,752$7,383$7,033$6,701$6,525
6 years$6,716$6,330$5,966$5,624$5,302$5,133
7 years$5,698$5,316$4,958$4,624$4,312$4,149
8 years$4,936$4,557$4,205$3,879$3,577$3,421
9 years$4,343$3,967$3,622$3,304$3,012$2,863
10 years$3,869$3,497$3,157$2,848$2,567$2,423
11 years$3,481$3,113$2,780$2,479$2,207$2,070
12 years$3,159$2,794$2,467$2,174$1,913$1,782
13 years$2,886$2,525$2,204$1,919$1,668$1,543
14 years$2,652$2,295$1,980$1,704$1,462$1,343
15 years$2,450$2,097$1,788$1,520$1,288$1,174
16 years$2,273$1,924$1,621$1,361$1,138$1,030
17 years$2,117$1,772$1,475$1,222$1,009$906
18 years$1,978$1,637$1,347$1,102$897$800
19 years$1,855$1,517$1,233$995$800$707
20 years$1,744$1,410$1,131$902$714$627
21 years$1,643$1,313$1,041$818$639$557
22 years$1,552$1,226$959$744$573$495
23 years$1,469$1,147$886$678$514$441
24 years$1,393$1,074$819$618$462$393
25 years$1,323$1,008$759$564$416$351
26 years$1,258$948$704$516$375$313
27 years$1,199$892$653$472$338$280
28 years$1,143$840$607$433$305$250
29 years$1,092$793$565$397$275$224
30 years$1,044$749$526$364$249$201
31 years$1,000$708$491$334$225$180
32 years$958$670$458$307$203$161
33 years$919$634$428$283$184$145
34 years$882$601$399$260$167$130
35 years$847$570$373$239$151$116
36 years$815$541$349$221$137$105
37 years$784$514$327$203$124$94
38 years$755$488$306$187$112$84
39 years$727$464$287$173$102$76
40 years$701$442$269$159$92$68
41 years$677$421$252$147$84$61
42 years$653$401$237$136$76$55
43 years$631$382$222$125$69$49
44 years$610$364$208$116$63$44
45 years$589$347$196$107$57$40
46 years$570$331$184$99$52$36
47 years$551$316$173$91$47$32
48 years$534$301$162$84$43$29
49 years$517$288$152$78$39$26
50 years$501$275$143$72$35$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $513,000, adding $4,358 every year, while hoping to spend $26,287 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: 38/38/24 Blend
44$513,000$513,000$513,000$513,000
45$569,821$542,632$534,681$587,251
46$599,974$541,252$524,623$598,956
47$632,321$538,923$513,348$608,835
48$667,059$535,572$500,786$618,989
49$704,402$531,118$486,866$629,460
50$744,588$525,480$471,513$640,296
51$787,875$518,567$454,648$651,550
52$834,549$510,288$436,189$663,283
53$884,922$500,541$416,051$675,566
54$939,339$489,222$394,143$688,480
55$998,177$476,220$370,372$702,113
56$1,061,852$461,415$344,641$716,570
57$1,130,820$444,684$316,845$731,966
58$1,205,584$425,893$286,880$748,433
59$1,286,696$404,904$254,632$766,117
60$1,374,762$381,568$219,986$785,186
61$1,470,451$355,728$182,819$805,826
62$1,574,498$327,219$143,003$828,249
63$1,687,710$295,866$100,407$852,688
64$1,810,977$261,484$54,892$879,410
65$1,945,277$223,878$6,311$908,710
66$2,091,688$182,840$0$940,920
67$2,251,395$138,154$0$988,068
68$2,425,702$89,588$0$1,041,393
69$2,616,045$36,900$0$1,099,780
70$2,824,005$0$0$1,163,789
71$3,051,323$0$0$1,242,473
72$3,299,913$0$0$1,345,461
73$3,571,887$0$0$1,458,205
74$3,869,567$0$0$1,581,679
75$4,195,511$0$0$1,716,950
76$4,552,535$0$0$1,865,199
77$4,943,741$0$0$2,027,722
78$5,372,547$0$0$2,205,950
79$5,842,713$0$0$2,401,455
80$6,358,385$0$0$2,615,973
81$6,924,127$0$0$2,851,413
82$7,544,966$0$0$3,109,879
83$8,226,439$0$0$3,393,689
84$8,974,647$0$0$3,705,395
85$9,796,309$0$0$4,047,810
86$10,698,827$0$0$4,424,032
87$11,690,357$0$0$4,837,474
88$12,779,880$0$0$5,291,897
89$13,977,293$0$0$5,791,442
90$15,293,499$0$0$6,340,673
91$16,740,510$0$0$6,944,619
92$18,331,558$0$0$7,608,819
93$20,081,225$0$0$8,339,376
94$22,005,572$0$0$9,143,016
95$24,122,299$0$0$10,027,147
96$26,450,905$0$0$10,999,934
97$29,012,875$0$0$12,070,370
98$31,831,881$0$0$13,248,366
99$34,934,006$0$0$14,544,843
100$38,347,989$0$0$15,971,833