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%18.3%
1 years$43,024$42,640$42,267$41,902$41,545$40,151
2 years$21,299$20,902$20,518$20,145$19,783$18,393
3 years$14,058$13,660$13,276$12,907$12,551$11,208
4 years$10,439$10,041$9,662$9,299$8,952$7,665
5 years$8,267$7,873$7,498$7,142$6,805$5,579
6 years$6,820$6,429$6,059$5,712$5,385$4,220
7 years$5,787$5,399$5,035$4,696$4,379$3,276
8 years$5,013$4,628$4,270$3,939$3,633$2,591
9 years$4,411$4,029$3,678$3,355$3,059$2,077
10 years$3,929$3,552$3,207$2,892$2,607$1,682
11 years$3,536$3,162$2,823$2,517$2,242$1,373
12 years$3,208$2,838$2,505$2,208$1,943$1,128
13 years$2,931$2,565$2,238$1,949$1,694$932
14 years$2,693$2,331$2,011$1,730$1,485$772
15 years$2,488$2,130$1,816$1,543$1,308$642
16 years$2,308$1,954$1,646$1,382$1,156$536
17 years$2,150$1,799$1,498$1,242$1,025$448
18 years$2,009$1,663$1,368$1,119$911$375
19 years$1,884$1,541$1,252$1,011$812$315
20 years$1,771$1,432$1,149$916$725$264
21 years$1,669$1,334$1,057$831$649$222
22 years$1,576$1,245$974$756$582$187
23 years$1,492$1,164$899$688$522$157
24 years$1,414$1,091$832$628$469$133
25 years$1,343$1,024$770$573$422$112
26 years$1,278$962$714$524$381$94
27 years$1,217$906$663$480$343$79
28 years$1,161$853$617$440$310$67
29 years$1,109$805$574$403$280$57
30 years$1,061$760$535$370$253$48
31 years$1,015$719$498$340$228$40
32 years$973$680$465$312$207$34
33 years$933$644$434$287$187$29
34 years$896$610$406$264$169$24
35 years$861$579$379$243$153$21
36 years$827$550$355$224$139$17
37 years$796$522$332$206$126$15
38 years$767$496$311$190$114$12
39 years$739$472$291$175$103$10
40 years$712$449$273$162$94$9
41 years$687$427$256$149$85$7
42 years$663$407$240$138$77$6
43 years$641$388$225$127$70$5
44 years$619$369$212$117$64$5
45 years$598$352$199$108$58$4
46 years$579$336$187$100$52$3
47 years$560$321$175$93$48$3
48 years$542$306$165$85$43$2
49 years$525$292$155$79$39$2
50 years$509$279$146$73$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $521,000, adding $3,713 every year, while hoping to spend $31,466 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: 80/8/12 Blend
44$521,000$521,000$521,000$521,000
45$577,972$550,359$542,283$622,637
46$603,446$543,847$526,970$645,990
47$630,463$535,961$510,090$667,147
48$659,148$526,601$491,556$689,450
49$689,637$515,661$471,279$712,996
50$722,078$503,027$449,165$737,897
51$756,635$488,579$425,117$764,274
52$793,485$472,193$399,031$792,261
53$832,823$453,733$370,801$822,005
54$874,863$433,058$340,316$853,670
55$919,840$410,019$307,457$887,434
56$968,011$384,457$272,104$923,496
57$1,019,656$356,204$234,128$962,075
58$1,075,086$325,083$193,396$1,003,412
59$1,134,640$290,907$149,770$1,047,773
60$1,198,691$253,478$103,104$1,095,452
61$1,267,646$212,588$53,247$1,146,774
62$1,341,955$168,014$40$1,202,096
63$1,422,112$119,524$0$1,261,814
64$1,508,658$66,871$0$1,333,627
65$1,602,188$9,795$0$1,411,230
66$1,703,358$0$0$1,495,172
67$1,812,886$0$0$1,590,637
68$1,931,563$0$0$1,695,023
69$2,060,258$0$0$1,808,234
70$2,199,929$0$0$1,931,113
71$2,351,625$0$0$2,064,586
72$2,516,505$0$0$2,209,673
73$2,695,841$0$0$2,367,495
74$2,891,032$0$0$2,539,287
75$3,103,619$0$0$2,726,407
76$3,335,298$0$0$2,930,348
77$3,587,935$0$0$3,152,756
78$3,863,582$0$0$3,395,439
79$4,164,499$0$0$3,660,392
80$4,493,176$0$0$3,949,805
81$4,852,350$0$0$4,266,095
82$5,245,038$0$0$4,611,919
83$5,674,559$0$0$4,990,203
84$6,144,568$0$0$5,404,170
85$6,659,092$0$0$5,857,368
86$7,222,562$0$0$6,353,705
87$7,839,859$0$0$6,897,482
88$8,516,360$0$0$7,493,440
89$9,257,983$0$0$8,146,796
90$10,071,251$0$0$8,863,299
91$10,963,344$0$0$9,649,279
92$11,942,172$0$0$10,511,710
93$13,016,449$0$0$11,458,273
94$14,195,771$0$0$12,497,427
95$15,490,712$0$0$13,638,493
96$16,912,915$0$0$14,891,737
97$18,475,211$0$0$16,268,468
98$20,191,733$0$0$17,781,146
99$22,078,049$0$0$19,443,497
100$24,151,313$0$0$21,270,640