Can I retire at age 45 with 529,000?

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 $529,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$43,684$43,295$42,916$42,545$42,183$41,247
2 years$21,626$21,223$20,833$20,454$20,087$19,149
3 years$14,274$13,870$13,480$13,105$12,744$11,833
4 years$10,599$10,196$9,810$9,442$9,089$8,212
5 years$8,394$7,993$7,613$7,252$6,910$6,069
6 years$6,925$6,527$6,152$5,800$5,467$4,665
7 years$5,876$5,482$5,113$4,768$4,446$3,681
8 years$5,090$4,699$4,336$4,000$3,689$2,961
9 years$4,478$4,091$3,735$3,407$3,106$2,416
10 years$3,990$3,606$3,256$2,937$2,647$1,992
11 years$3,590$3,210$2,866$2,556$2,276$1,657
12 years$3,257$2,881$2,544$2,242$1,973$1,388
13 years$2,976$2,604$2,273$1,979$1,720$1,168
14 years$2,735$2,367$2,042$1,757$1,508$988
15 years$2,526$2,162$1,844$1,567$1,328$839
16 years$2,344$1,984$1,672$1,403$1,173$714
17 years$2,183$1,827$1,521$1,261$1,040$610
18 years$2,040$1,688$1,389$1,136$925$522
19 years$1,913$1,565$1,271$1,027$825$447
20 years$1,798$1,454$1,167$930$737$384
21 years$1,694$1,354$1,073$844$659$330
22 years$1,600$1,264$989$767$591$284
23 years$1,514$1,182$913$699$530$245
24 years$1,436$1,108$845$637$477$211
25 years$1,364$1,040$782$582$429$182
26 years$1,297$977$725$532$386$157
27 years$1,236$920$674$487$348$136
28 years$1,179$866$626$446$314$117
29 years$1,126$817$583$409$284$101
30 years$1,077$772$543$376$256$88
31 years$1,031$730$506$345$232$76
32 years$988$690$472$317$210$66
33 years$947$654$441$292$190$57
34 years$909$620$412$268$172$49
35 years$874$588$385$247$156$43
36 years$840$558$360$227$141$37
37 years$808$530$337$210$128$32
38 years$778$504$316$193$116$28
39 years$750$479$296$178$105$24
40 years$723$456$277$164$95$21
41 years$698$434$260$152$86$18
42 years$673$413$244$140$78$16
43 years$650$394$229$129$71$13
44 years$629$375$215$119$65$12
45 years$608$358$202$110$59$10
46 years$588$341$189$102$53$9
47 years$569$326$178$94$48$8
48 years$551$311$167$87$44$7
49 years$533$297$157$80$40$6
50 years$516$284$148$74$36$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $529,000, adding $3,661 every year, while hoping to spend $20,876 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: 34/47/19 Blend
44$529,000$529,000$529,000$529,000
45$586,734$558,697$550,498$603,149
46$624,369$563,862$546,728$620,721
47$665,143$568,579$542,131$637,466
48$709,355$572,806$536,660$655,087
49$757,331$576,496$530,260$673,673
50$809,433$579,599$522,878$693,324
51$866,058$582,061$514,457$714,151
52$927,641$583,828$504,936$736,279
53$994,663$584,838$494,254$759,845
54$1,067,652$585,028$482,345$785,004
55$1,147,188$584,331$469,140$811,925
56$1,233,913$582,674$454,567$840,800
57$1,328,530$579,983$438,553$871,841
58$1,431,813$576,175$421,017$905,281
59$1,544,616$571,166$401,880$941,384
60$1,667,878$564,864$381,054$980,438
61$1,802,632$557,173$358,450$1,022,767
62$1,950,017$547,991$333,975$1,068,727
63$2,111,287$537,210$307,530$1,118,717
64$2,287,820$524,716$279,015$1,173,177
65$2,481,137$510,386$248,321$1,232,595
66$2,692,911$494,093$215,338$1,297,514
67$2,924,985$475,701$179,949$1,368,534
68$3,179,389$455,065$142,032$1,446,320
69$3,458,357$432,034$101,461$1,531,611
70$3,764,352$406,447$58,103$1,625,223
71$4,100,086$378,133$11,819$1,728,062
72$4,468,546$346,912$0$1,841,130
73$4,873,021$312,595$0$1,973,154
74$5,317,137$274,979$0$2,120,795
75$5,804,885$233,853$0$2,283,048
76$6,340,663$188,992$0$2,461,448
77$6,929,316$140,158$0$2,657,693
78$7,576,183$87,102$0$2,873,661
79$8,287,142$29,558$0$3,111,422
80$9,068,671$0$0$3,373,267
81$9,927,909$0$0$3,678,663
82$10,872,717$0$0$4,031,369
83$11,911,758$0$0$4,419,340
84$13,054,577$0$0$4,846,153
85$14,311,691$0$0$5,315,747
86$15,694,684$0$0$5,832,460
87$17,216,324$0$0$6,401,076
88$18,890,676$0$0$7,026,861
89$20,733,237$0$0$7,715,623
90$22,761,085$0$0$8,473,756
91$24,993,034$0$0$9,308,311
92$27,449,818$0$0$10,227,052
93$30,154,279$0$0$11,238,537
94$33,131,590$0$0$12,352,196
95$36,409,486$0$0$13,578,420
96$40,018,529$0$0$14,928,656
97$43,992,396$0$0$16,415,522
98$48,368,194$0$0$18,052,918
99$53,186,814$0$0$19,856,164
100$58,493,313$0$0$21,842,139