Can I retire at age 45 with 524,000?

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 $524,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$43,271$42,886$42,510$42,143$41,784$41,365
2 years$21,422$21,023$20,636$20,261$19,897$19,475
3 years$14,139$13,738$13,353$12,981$12,624$12,212
4 years$10,499$10,099$9,717$9,352$9,003$8,604
5 years$8,315$7,918$7,541$7,184$6,844$6,460
6 years$6,860$6,466$6,094$5,745$5,416$5,046
7 years$5,821$5,430$5,064$4,723$4,404$4,050
8 years$5,042$4,654$4,295$3,962$3,654$3,314
9 years$4,436$4,052$3,699$3,375$3,077$2,753
10 years$3,952$3,572$3,225$2,909$2,622$2,312
11 years$3,556$3,180$2,839$2,532$2,255$1,959
12 years$3,226$2,854$2,520$2,221$1,954$1,673
13 years$2,948$2,579$2,251$1,961$1,704$1,437
14 years$2,709$2,345$2,023$1,740$1,494$1,240
15 years$2,502$2,142$1,826$1,552$1,315$1,074
16 years$2,322$1,965$1,656$1,390$1,162$934
17 years$2,162$1,810$1,507$1,249$1,031$815
18 years$2,021$1,672$1,375$1,125$916$712
19 years$1,894$1,550$1,259$1,017$817$624
20 years$1,781$1,440$1,156$921$730$548
21 years$1,678$1,341$1,063$836$653$482
22 years$1,585$1,252$980$760$585$424
23 years$1,500$1,171$905$692$525$374
24 years$1,422$1,097$837$631$472$330
25 years$1,351$1,030$775$576$425$292
26 years$1,285$968$719$527$383$258
27 years$1,224$911$667$482$345$228
28 years$1,168$858$620$442$311$202
29 years$1,115$810$577$405$281$179
30 years$1,067$765$538$372$254$159
31 years$1,021$723$501$342$230$141
32 years$978$684$468$314$208$125
33 years$938$648$437$289$188$111
34 years$901$614$408$266$170$98
35 years$866$582$381$245$154$87
36 years$832$553$357$225$140$77
37 years$801$525$334$208$127$69
38 years$771$499$313$191$115$61
39 years$743$474$293$176$104$54
40 years$716$451$275$163$94$48
41 years$691$430$258$150$86$43
42 years$667$409$242$139$78$38
43 years$644$390$227$128$71$34
44 years$623$372$213$118$64$30
45 years$602$354$200$109$58$27
46 years$582$338$188$101$53$24
47 years$563$323$176$93$48$21
48 years$545$308$166$86$44$19
49 years$528$294$156$79$40$17
50 years$512$281$146$73$36$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $524,000, adding $3,588 every year, while hoping to spend $37,544 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: 36/44/20 Blend
44$524,000$524,000$524,000$524,000
45$581,149$553,377$545,255$598,434
46$600,480$540,546$523,575$598,535
47$620,524$525,828$499,909$594,884
48$641,314$509,091$474,154$590,168
49$662,887$490,194$446,196$584,312
50$685,279$468,991$415,921$577,241
51$708,530$445,325$383,207$568,872
52$732,683$419,029$347,928$559,121
53$757,785$389,929$309,952$547,896
54$783,883$357,840$269,139$535,105
55$811,031$322,566$225,347$520,647
56$839,285$283,900$178,425$504,418
57$868,704$241,624$128,214$486,309
58$899,354$195,506$74,552$466,205
59$931,305$145,302$17,266$443,987
60$964,632$90,756$0$419,527
61$999,416$31,594$0$402,056
62$1,035,744$0$0$386,615
63$1,073,710$0$0$385,133
64$1,113,417$0$0$399,599
65$1,154,976$0$0$414,760
66$1,198,505$0$0$430,660
67$1,244,134$0$0$447,350
68$1,292,004$0$0$464,885
69$1,342,267$0$0$483,324
70$1,395,088$0$0$502,730
71$1,450,649$0$0$523,174
72$1,509,145$0$0$544,732
73$1,570,790$0$0$567,488
74$1,635,814$0$0$591,531
75$1,704,473$0$0$616,960
76$1,777,042$0$0$643,883
77$1,853,822$0$0$672,419
78$1,935,143$0$0$702,695
79$2,021,363$0$0$734,852
80$2,112,877$0$0$769,045
81$2,210,113$0$0$805,441
82$2,313,541$0$0$844,226
83$2,423,676$0$0$885,600
84$2,541,080$0$0$929,785
85$2,666,371$0$0$977,024
86$2,800,223$0$0$1,027,581
87$2,943,378$0$0$1,081,749
88$3,096,647$0$0$1,139,846
89$3,260,920$0$0$1,202,224
90$3,437,174$0$0$1,269,267
91$3,626,480$0$0$1,341,397
92$3,830,016$0$0$1,419,079
93$4,049,071$0$0$1,502,821
94$4,285,064$0$0$1,593,183
95$4,539,553$0$0$1,690,780
96$4,814,249$0$0$1,796,287
97$5,111,030$0$0$1,910,448
98$5,431,964$0$0$2,034,077
99$5,779,320$0$0$2,168,072
100$6,155,596$0$0$2,313,420