Can I retire at age 45 with 519,000?

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 $519,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$42,859$42,477$42,104$41,741$41,386$39,870
2 years$21,217$20,822$20,439$20,068$19,708$18,197
3 years$14,004$13,607$13,225$12,858$12,503$11,046
4 years$10,398$10,003$9,625$9,263$8,917$7,524
5 years$8,236$7,842$7,469$7,115$6,779$5,453
6 years$6,794$6,404$6,036$5,690$5,364$4,107
7 years$5,765$5,378$5,016$4,678$4,362$3,174
8 years$4,993$4,610$4,254$3,924$3,619$2,498
9 years$4,394$4,014$3,664$3,343$3,048$1,993
10 years$3,914$3,538$3,194$2,881$2,597$1,606
11 years$3,522$3,150$2,812$2,508$2,233$1,304
12 years$3,196$2,827$2,496$2,200$1,935$1,066
13 years$2,919$2,555$2,230$1,942$1,688$875
14 years$2,683$2,322$2,004$1,724$1,479$721
15 years$2,478$2,121$1,809$1,537$1,303$597
16 years$2,299$1,946$1,640$1,376$1,151$495
17 years$2,142$1,792$1,492$1,237$1,021$411
18 years$2,002$1,656$1,362$1,115$908$342
19 years$1,876$1,535$1,247$1,007$809$285
20 years$1,764$1,426$1,145$912$723$238
21 years$1,662$1,329$1,053$828$647$199
22 years$1,570$1,240$970$753$580$166
23 years$1,486$1,160$896$685$520$139
24 years$1,409$1,087$829$625$468$117
25 years$1,338$1,020$767$571$421$98
26 years$1,273$959$712$522$379$82
27 years$1,213$902$661$478$342$69
28 years$1,157$850$614$438$308$57
29 years$1,105$802$572$401$278$48
30 years$1,056$757$533$368$252$40
31 years$1,011$716$497$338$227$34
32 years$969$677$463$311$206$28
33 years$929$642$433$286$186$24
34 years$892$608$404$263$169$20
35 years$857$577$378$242$153$17
36 years$824$547$353$223$138$14
37 years$793$520$331$206$125$12
38 years$764$494$310$189$114$10
39 years$736$470$290$175$103$8
40 years$710$447$272$161$94$7
41 years$685$426$255$149$85$6
42 years$661$405$239$137$77$5
43 years$638$386$225$127$70$4
44 years$617$368$211$117$63$3
45 years$596$351$198$108$58$3
46 years$577$335$186$100$52$2
47 years$558$320$175$92$47$2
48 years$540$305$164$85$43$2
49 years$523$291$154$79$39$1
50 years$507$278$145$73$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $519,000, adding $5,764 every year, while hoping to spend $38,763 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: 68/21/11 Blend
44$519,000$519,000$519,000$519,000
45$577,884$550,377$542,332$615,445
46$595,584$536,101$519,257$626,873
47$613,791$519,828$494,109$634,181
48$632,515$501,417$466,779$641,161
49$651,766$480,721$437,151$647,775
50$671,556$457,585$405,104$653,984
51$691,892$431,845$370,514$659,743
52$712,787$403,327$333,247$665,008
53$734,247$371,846$293,167$669,729
54$756,283$337,209$250,130$673,853
55$778,901$299,209$203,987$677,324
56$802,108$257,630$154,580$680,081
57$825,911$212,242$101,747$682,061
58$850,315$162,802$45,316$683,194
59$875,323$109,055$0$683,406
60$900,937$50,730$0$684,369
61$927,158$0$0$690,038
62$953,986$0$0$697,900
63$981,415$0$0$717,920
64$1,009,442$0$0$738,370
65$1,038,057$0$0$759,243
66$1,067,248$0$0$780,531
67$1,097,001$0$0$802,222
68$1,127,298$0$0$824,300
69$1,158,114$0$0$846,748
70$1,189,422$0$0$869,545
71$1,221,188$0$0$892,664
72$1,253,374$0$0$916,076
73$1,285,933$0$0$939,745
74$1,318,812$0$0$963,630
75$1,351,948$0$0$987,685
76$1,385,271$0$0$1,011,855
77$1,418,698$0$0$1,036,079
78$1,452,137$0$0$1,060,285
79$1,485,482$0$0$1,084,394
80$1,518,612$0$0$1,108,314
81$1,551,393$0$0$1,131,944
82$1,583,670$0$0$1,155,167
83$1,615,272$0$0$1,177,854
84$1,646,005$0$0$1,199,858
85$1,675,650$0$0$1,221,015
86$1,703,965$0$0$1,241,141
87$1,730,675$0$0$1,260,031
88$1,755,477$0$0$1,277,455
89$1,778,029$0$0$1,293,157
90$1,797,951$0$0$1,306,850
91$1,814,820$0$0$1,318,217
92$1,828,165$0$0$1,326,902
93$1,837,460$0$0$1,332,511
94$1,842,121$0$0$1,334,605
95$1,841,502$0$0$1,332,698
96$1,834,881$0$0$1,326,248
97$1,821,459$0$0$1,314,655
98$1,800,350$0$0$1,297,253
99$1,770,570$0$0$1,273,304
100$1,731,031$0$0$1,241,990