Can I retire at age 45 with 523,000?

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 $523,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$43,189$42,804$42,429$42,062$41,705$41,218
2 years$21,381$20,982$20,597$20,222$19,859$19,369
3 years$14,112$13,712$13,327$12,957$12,600$12,122
4 years$10,479$10,080$9,699$9,335$8,986$8,524
5 years$8,299$7,903$7,527$7,170$6,831$6,386
6 years$6,847$6,453$6,083$5,734$5,405$4,978
7 years$5,809$5,419$5,055$4,714$4,396$3,986
8 years$5,032$4,645$4,287$3,954$3,647$3,255
9 years$4,428$4,045$3,692$3,368$3,071$2,697
10 years$3,944$3,565$3,219$2,904$2,617$2,260
11 years$3,549$3,174$2,834$2,527$2,251$1,910
12 years$3,220$2,849$2,515$2,216$1,950$1,627
13 years$2,942$2,574$2,247$1,957$1,701$1,393
14 years$2,704$2,340$2,019$1,737$1,491$1,199
15 years$2,497$2,138$1,823$1,549$1,313$1,036
16 years$2,317$1,961$1,653$1,387$1,160$899
17 years$2,158$1,806$1,504$1,246$1,029$782
18 years$2,017$1,669$1,373$1,123$915$682
19 years$1,891$1,547$1,257$1,015$815$595
20 years$1,778$1,437$1,153$919$728$521
21 years$1,675$1,339$1,061$834$652$457
22 years$1,582$1,250$978$758$584$401
23 years$1,497$1,169$903$691$524$353
24 years$1,420$1,095$835$630$471$310
25 years$1,348$1,028$773$575$424$273
26 years$1,283$966$717$526$382$241
27 years$1,222$909$666$482$344$212
28 years$1,166$857$619$441$311$187
29 years$1,113$808$576$405$281$165
30 years$1,065$763$537$371$254$146
31 years$1,019$721$500$341$229$129
32 years$977$683$467$313$207$114
33 years$937$646$436$288$188$101
34 years$899$613$407$265$170$89
35 years$864$581$381$244$154$79
36 years$831$552$356$225$139$70
37 years$799$524$333$207$126$62
38 years$770$498$312$191$115$55
39 years$742$473$292$176$104$49
40 years$715$450$274$162$94$43
41 years$690$429$257$150$85$38
42 years$666$408$241$138$78$34
43 years$643$389$226$128$70$30
44 years$621$371$212$118$64$26
45 years$601$354$199$109$58$23
46 years$581$337$187$101$53$21
47 years$562$322$176$93$48$18
48 years$544$307$165$86$43$16
49 years$527$294$155$79$39$14
50 years$511$280$146$73$36$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $523,000, adding $3,592 every year, while hoping to spend $31,595 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: 47/44/9 Blend
44$523,000$523,000$523,000$523,000
45$580,051$552,332$544,226$605,719
46$605,600$545,780$528,840$617,202
47$632,695$537,847$511,881$626,074
48$661,462$528,433$493,261$634,976
49$692,036$517,432$472,890$643,920
50$724,567$504,729$450,675$652,924
51$759,217$490,205$426,517$662,007
52$796,165$473,733$400,313$671,193
53$835,606$455,178$371,956$680,512
54$877,754$434,398$341,333$689,998
55$922,844$411,243$308,327$699,693
56$971,134$385,554$272,815$709,645
57$1,022,905$357,161$234,670$719,912
58$1,078,468$325,888$193,758$730,558
59$1,138,161$291,547$149,938$741,660
60$1,202,359$253,937$103,066$753,307
61$1,271,469$212,851$52,989$765,599
62$1,345,943$168,064$0$778,652
63$1,426,274$119,344$0$792,641
64$1,513,005$66,443$0$813,109
65$1,606,731$9,098$0$835,148
66$1,708,109$0$0$858,970
67$1,817,859$0$0$910,459
68$1,936,771$0$0$971,070
69$2,065,718$0$0$1,036,847
70$2,205,656$0$0$1,108,285
71$2,357,639$0$0$1,185,928
72$2,522,825$0$0$1,270,376
73$2,702,488$0$0$1,362,287
74$2,898,030$0$0$1,462,387
75$3,110,994$0$0$1,571,473
76$3,343,077$0$0$1,690,423
77$3,596,148$0$0$1,820,205
78$3,872,262$0$0$1,961,880
79$4,173,683$0$0$2,116,621
80$4,502,903$0$0$2,285,716
81$4,862,663$0$0$2,470,585
82$5,255,983$0$0$2,672,790
83$5,686,188$0$0$2,894,051
84$6,156,938$0$0$3,136,263
85$6,672,263$0$0$3,401,512
86$7,236,602$0$0$3,692,095
87$7,854,841$0$0$4,010,541
88$8,532,365$0$0$4,359,637
89$9,275,101$0$0$4,742,451
90$10,089,577$0$0$5,162,364
91$10,982,985$0$0$5,623,098
92$11,963,245$0$0$6,128,753
93$13,039,082$0$0$6,683,846
94$14,220,105$0$0$7,293,352
95$15,516,899$0$0$7,962,751
96$16,941,127$0$0$8,698,083
97$18,505,633$0$0$9,505,996
98$20,224,569$0$0$10,393,820
99$22,113,525$0$0$11,369,624
100$24,189,674$0$0$12,442,304