Can I retire at age 45 with 530,000?

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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$43,767$43,377$42,997$42,625$42,263$41,856
2 years$21,667$21,263$20,872$20,493$20,125$19,716
3 years$14,301$13,896$13,506$13,130$12,768$12,368
4 years$10,619$10,215$9,829$9,459$9,106$8,719
5 years$8,410$8,009$7,627$7,266$6,923$6,549
6 years$6,938$6,540$6,164$5,811$5,478$5,119
7 years$5,887$5,492$5,122$4,777$4,455$4,111
8 years$5,099$4,708$4,344$4,007$3,696$3,366
9 years$4,487$4,099$3,742$3,413$3,112$2,797
10 years$3,997$3,613$3,262$2,942$2,652$2,351
11 years$3,597$3,216$2,872$2,561$2,281$1,994
12 years$3,263$2,887$2,549$2,246$1,976$1,703
13 years$2,981$2,609$2,277$1,983$1,723$1,463
14 years$2,740$2,371$2,046$1,760$1,511$1,264
15 years$2,531$2,166$1,847$1,570$1,330$1,096
16 years$2,348$1,988$1,675$1,406$1,176$954
17 years$2,187$1,830$1,524$1,263$1,042$832
18 years$2,044$1,691$1,391$1,138$927$728
19 years$1,916$1,568$1,274$1,028$826$639
20 years$1,801$1,457$1,169$931$738$561
21 years$1,697$1,357$1,075$845$660$494
22 years$1,603$1,267$991$769$592$435
23 years$1,517$1,185$915$700$531$384
24 years$1,439$1,110$846$638$478$339
25 years$1,366$1,042$784$583$430$300
26 years$1,300$979$727$533$387$265
27 years$1,238$921$675$488$349$235
28 years$1,181$868$627$447$315$208
29 years$1,128$819$584$410$284$184
30 years$1,079$773$544$376$257$164
31 years$1,033$731$507$346$232$145
32 years$990$692$473$318$210$129
33 years$949$655$442$292$190$114
34 years$911$621$413$269$172$102
35 years$875$589$386$247$156$90
36 years$842$559$361$228$141$80
37 years$810$531$338$210$128$71
38 years$780$505$316$193$116$63
39 years$752$480$296$178$105$56
40 years$725$456$278$165$95$50
41 years$699$435$261$152$87$45
42 years$675$414$244$140$79$40
43 years$652$394$229$129$71$35
44 years$630$376$215$119$65$31
45 years$609$358$202$110$59$28
46 years$589$342$190$102$53$25
47 years$570$326$178$94$48$22
48 years$552$311$168$87$44$20
49 years$534$297$158$80$40$18
50 years$517$284$148$74$36$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $530,000, adding $3,873 every year, while hoping to spend $35,173 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: 46/45/9 Blend
44$530,000$530,000$530,000$530,000
45$588,055$559,965$551,750$613,462
46$610,613$549,979$532,810$621,403
47$634,293$538,326$512,056$626,060
48$659,172$524,885$489,392$630,307
49$685,335$509,532$464,713$634,116
50$712,872$492,132$437,914$637,462
51$741,884$472,545$408,883$640,319
52$772,478$450,622$377,503$642,659
53$804,773$426,205$343,652$644,457
54$838,897$399,126$307,201$645,688
55$874,991$369,210$268,019$646,327
56$913,209$336,270$225,966$646,352
57$953,717$300,108$180,897$645,739
58$996,699$260,516$132,660$644,471
59$1,042,354$217,273$81,096$642,529
60$1,090,902$170,148$26,041$639,899
61$1,142,582$118,893$0$636,571
62$1,197,657$63,250$0$635,681
63$1,256,413$2,944$0$636,957
64$1,319,164$0$0$637,920
65$1,386,256$0$0$669,457
66$1,458,067$0$0$704,811
67$1,535,010$0$0$742,734
68$1,617,540$0$0$783,455
69$1,706,156$0$0$827,227
70$1,801,405$0$0$874,324
71$1,903,888$0$0$925,051
72$2,014,265$0$0$979,741
73$2,133,260$0$0$1,038,760
74$2,261,668$0$0$1,102,510
75$2,400,365$0$0$1,171,433
76$2,550,312$0$0$1,246,015
77$2,712,563$0$0$1,326,790
78$2,888,282$0$0$1,414,345
79$3,078,743$0$0$1,509,325
80$3,285,350$0$0$1,612,441
81$3,509,648$0$0$1,724,474
82$3,753,334$0$0$1,846,282
83$4,018,275$0$0$1,978,810
84$4,306,526$0$0$2,123,100
85$4,620,349$0$0$2,280,294
86$4,962,229$0$0$2,451,651
87$5,334,906$0$0$2,638,559
88$5,741,391$0$0$2,842,541
89$6,185,001$0$0$3,065,278
90$6,669,386$0$0$3,308,616
91$7,198,564$0$0$3,574,592
92$7,776,958$0$0$3,865,444
93$8,409,439$0$0$4,183,641
94$9,101,368$0$0$4,531,897
95$9,858,651$0$0$4,913,203
96$10,687,789$0$0$5,330,852
97$11,595,940$0$0$5,788,472
98$12,590,990$0$0$6,290,056
99$13,681,621$0$0$6,840,002
100$14,877,396$0$0$7,443,157