Can I retire at age 45 with 521,000?

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 $521,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$43,024$42,640$42,267$41,902$41,545$40,823
2 years$21,299$20,902$20,518$20,145$19,783$19,059
3 years$14,058$13,660$13,276$12,907$12,551$11,846
4 years$10,439$10,041$9,662$9,299$8,952$8,271
5 years$8,267$7,873$7,498$7,142$6,805$6,151
6 years$6,820$6,429$6,059$5,712$5,385$4,759
7 years$5,787$5,399$5,035$4,696$4,379$3,781
8 years$5,013$4,628$4,270$3,939$3,633$3,063
9 years$4,411$4,029$3,678$3,355$3,059$2,516
10 years$3,929$3,552$3,207$2,892$2,607$2,091
11 years$3,536$3,162$2,823$2,517$2,242$1,752
12 years$3,208$2,838$2,505$2,208$1,943$1,479
13 years$2,931$2,565$2,238$1,949$1,694$1,255
14 years$2,693$2,331$2,011$1,730$1,485$1,070
15 years$2,488$2,130$1,816$1,543$1,308$916
16 years$2,308$1,954$1,646$1,382$1,156$787
17 years$2,150$1,799$1,498$1,242$1,025$677
18 years$2,009$1,663$1,368$1,119$911$585
19 years$1,884$1,541$1,252$1,011$812$506
20 years$1,771$1,432$1,149$916$725$438
21 years$1,669$1,334$1,057$831$649$380
22 years$1,576$1,245$974$756$582$330
23 years$1,492$1,164$899$688$522$287
24 years$1,414$1,091$832$628$469$250
25 years$1,343$1,024$770$573$422$218
26 years$1,278$962$714$524$381$190
27 years$1,217$906$663$480$343$165
28 years$1,161$853$617$440$310$144
29 years$1,109$805$574$403$280$126
30 years$1,061$760$535$370$253$110
31 years$1,015$719$498$340$228$96
32 years$973$680$465$312$207$84
33 years$933$644$434$287$187$73
34 years$896$610$406$264$169$64
35 years$861$579$379$243$153$56
36 years$827$550$355$224$139$49
37 years$796$522$332$206$126$43
38 years$767$496$311$190$114$38
39 years$739$472$291$175$103$33
40 years$712$449$273$162$94$29
41 years$687$427$256$149$85$25
42 years$663$407$240$138$77$22
43 years$641$388$225$127$70$19
44 years$619$369$212$117$64$17
45 years$598$352$199$108$58$15
46 years$579$336$187$100$52$13
47 years$560$321$175$93$48$11
48 years$542$306$165$85$43$10
49 years$525$292$155$79$39$9
50 years$509$279$146$73$36$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $521,000, adding $5,410 every year, while hoping to spend $22,689 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: 37/38/25 Blend
44$521,000$521,000$521,000$521,000
45$579,722$552,109$544,034$596,661
46$614,713$555,022$538,118$612,485
47$652,513$557,317$531,244$627,085
48$693,383$558,939$523,355$642,409
49$737,613$559,833$514,392$658,536
50$785,520$559,935$504,295$675,556
51$837,453$559,181$492,998$693,567
52$893,795$557,503$480,436$712,683
53$954,968$554,826$466,536$733,026
54$1,021,436$551,074$451,226$754,737
55$1,093,708$546,163$434,428$777,971
56$1,172,348$540,006$416,062$802,901
57$1,257,971$532,510$396,045$829,720
58$1,351,259$523,577$374,287$858,644
59$1,452,958$513,104$350,696$889,913
60$1,563,893$500,979$325,178$923,792
61$1,684,969$487,086$297,631$960,581
62$1,817,185$471,302$267,949$1,000,607
63$1,961,637$453,495$236,025$1,044,241
64$2,119,535$433,527$201,743$1,091,888
65$2,292,209$411,252$164,983$1,144,003
66$2,481,126$386,514$125,621$1,201,090
67$2,687,898$359,151$83,527$1,263,707
68$2,914,302$328,988$38,564$1,332,474
69$3,162,295$295,842$0$1,408,080
70$3,434,031$259,521$0$1,493,802
71$3,731,884$219,819$0$1,599,112
72$4,058,466$176,520$0$1,714,693
73$4,416,657$129,397$0$1,841,628
74$4,809,626$78,208$0$1,981,112
75$5,240,866$22,698$0$2,134,467
76$5,714,223$0$0$2,303,155
77$6,233,934$0$0$2,504,429
78$6,804,667$0$0$2,735,962
79$7,431,564$0$0$2,990,358
80$8,120,287$0$0$3,269,925
81$8,877,078$0$0$3,577,206
82$9,708,809$0$0$3,915,002
83$10,623,055$0$0$4,286,401
84$11,628,158$0$0$4,694,803
85$12,733,311$0$0$5,143,955
86$13,948,640$0$0$5,637,983
87$15,285,303$0$0$6,181,437
88$16,755,594$0$0$6,779,327
89$18,373,058$0$0$7,437,175
90$20,152,616$0$0$8,161,063
91$22,110,714$0$0$8,957,695
92$24,265,467$0$0$9,834,456
93$26,636,837$0$0$10,799,483
94$29,246,821$0$0$11,861,743
95$32,119,653$0$0$13,031,115
96$35,282,039$0$0$14,318,488
97$38,763,402$0$0$15,735,856
98$42,596,166$0$0$17,296,437
99$46,816,058$0$0$19,014,796
100$51,462,444$0$0$20,906,983