Can I retire at age 45 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$43,602$43,213$42,834$42,465$42,103$41,002
2 years$21,585$21,183$20,793$20,416$20,049$18,948
3 years$14,247$13,843$13,455$13,081$12,720$11,652
4 years$10,579$10,176$9,792$9,424$9,072$8,046
5 years$8,378$7,978$7,599$7,238$6,896$5,915
6 years$6,912$6,515$6,141$5,789$5,457$4,521
7 years$5,865$5,471$5,103$4,759$4,438$3,548
8 years$5,080$4,690$4,328$3,992$3,682$2,837
9 years$4,470$4,083$3,728$3,401$3,101$2,301
10 years$3,982$3,599$3,250$2,931$2,642$1,886
11 years$3,583$3,204$2,861$2,551$2,272$1,558
12 years$3,251$2,876$2,539$2,238$1,969$1,297
13 years$2,970$2,599$2,269$1,976$1,717$1,084
14 years$2,730$2,362$2,038$1,754$1,505$911
15 years$2,521$2,158$1,840$1,564$1,325$768
16 years$2,339$1,980$1,668$1,400$1,171$649
17 years$2,179$1,824$1,518$1,258$1,038$550
18 years$2,036$1,685$1,386$1,134$923$467
19 years$1,909$1,562$1,269$1,025$823$398
20 years$1,795$1,451$1,164$928$735$339
21 years$1,691$1,352$1,071$842$658$289
22 years$1,597$1,262$987$766$590$247
23 years$1,512$1,180$911$697$529$211
24 years$1,433$1,106$843$636$476$180
25 years$1,361$1,038$781$581$428$154
26 years$1,295$975$724$531$386$132
27 years$1,234$918$672$486$348$113
28 years$1,177$865$625$445$314$97
29 years$1,124$816$582$408$283$83
30 years$1,075$770$542$375$256$71
31 years$1,029$728$505$344$231$61
32 years$986$689$471$316$209$53
33 years$946$653$440$291$189$45
34 years$908$619$411$268$172$39
35 years$872$587$384$246$155$33
36 years$839$557$360$227$141$29
37 years$807$529$337$209$128$24
38 years$777$503$315$193$116$21
39 years$749$478$295$178$105$18
40 years$722$455$277$164$95$16
41 years$696$433$260$151$86$13
42 years$672$412$243$140$78$11
43 years$649$393$228$129$71$10
44 years$627$374$214$119$65$8
45 years$606$357$201$110$59$7
46 years$587$341$189$101$53$6
47 years$568$325$178$94$48$5
48 years$549$310$167$87$44$5
49 years$532$296$157$80$40$4
50 years$516$283$148$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $528,000, adding $4,284 every year, while hoping to spend $39,132 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: 60/32/8 Blend
44$528,000$528,000$528,000$528,000
45$586,275$558,291$550,107$620,183
46$604,439$544,011$526,899$629,145
47$623,144$527,720$501,603$634,057
48$642,404$509,278$474,106$638,436
49$662,233$488,536$444,293$642,230
50$682,646$465,339$412,041$645,388
51$703,655$439,521$377,224$647,852
52$725,276$410,905$339,709$649,563
53$747,523$379,308$299,358$650,455
54$770,409$344,533$256,026$650,461
55$793,949$306,373$209,561$649,508
56$818,156$264,610$159,805$647,519
57$843,044$219,012$106,594$644,411
58$868,626$169,334$49,756$640,097
59$894,914$115,320$0$634,485
60$921,920$56,696$0$628,405
61$949,657$0$0$625,415
62$978,134$0$0$623,572
63$1,007,362$0$0$642,168
64$1,037,349$0$0$661,242
65$1,068,102$0$0$680,800
66$1,099,628$0$0$700,844
67$1,131,931$0$0$721,377
68$1,165,013$0$0$742,398
69$1,198,875$0$0$763,909
70$1,233,515$0$0$785,905
71$1,268,926$0$0$808,384
72$1,305,102$0$0$831,339
73$1,342,030$0$0$854,760
74$1,379,695$0$0$878,638
75$1,418,076$0$0$902,957
76$1,457,148$0$0$927,699
77$1,496,880$0$0$952,843
78$1,537,235$0$0$978,363
79$1,578,167$0$0$1,004,229
80$1,619,624$0$0$1,030,404
81$1,661,546$0$0$1,056,847
82$1,703,860$0$0$1,083,509
83$1,746,484$0$0$1,110,335
84$1,789,324$0$0$1,137,261
85$1,832,272$0$0$1,164,214
86$1,875,205$0$0$1,191,112
87$1,917,982$0$0$1,217,860
88$1,960,444$0$0$1,244,351
89$2,002,413$0$0$1,270,466
90$2,043,686$0$0$1,296,069
91$2,084,034$0$0$1,321,009
92$2,123,203$0$0$1,345,113
93$2,160,906$0$0$1,368,191
94$2,196,819$0$0$1,390,029
95$2,230,584$0$0$1,410,385
96$2,261,798$0$0$1,428,993
97$2,290,013$0$0$1,445,553
98$2,314,727$0$0$1,459,733
99$2,335,382$0$0$1,471,161
100$2,351,358$0$0$1,479,425