Can I retire at age 45 with 532,000?

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 $532,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$43,932$43,541$43,159$42,786$42,422$41,892
2 years$21,749$21,343$20,951$20,570$20,201$19,668
3 years$14,355$13,948$13,557$13,180$12,816$12,296
4 years$10,659$10,253$9,866$9,495$9,141$8,638
5 years$8,442$8,039$7,656$7,293$6,949$6,465
6 years$6,964$6,564$6,187$5,832$5,498$5,033
7 years$5,909$5,513$5,142$4,795$4,472$4,026
8 years$5,119$4,725$4,361$4,023$3,710$3,284
9 years$4,504$4,114$3,756$3,426$3,124$2,718
10 years$4,012$3,627$3,274$2,954$2,662$2,274
11 years$3,610$3,229$2,883$2,570$2,289$1,920
12 years$3,276$2,898$2,558$2,255$1,984$1,633
13 years$2,993$2,619$2,286$1,990$1,730$1,397
14 years$2,750$2,380$2,054$1,767$1,516$1,201
15 years$2,540$2,174$1,854$1,576$1,335$1,036
16 years$2,357$1,995$1,681$1,411$1,180$898
17 years$2,195$1,837$1,530$1,268$1,046$780
18 years$2,052$1,698$1,396$1,142$930$679
19 years$1,923$1,574$1,278$1,032$829$592
20 years$1,808$1,462$1,173$935$741$518
21 years$1,704$1,362$1,079$849$663$453
22 years$1,609$1,271$995$772$594$397
23 years$1,523$1,189$918$703$533$349
24 years$1,444$1,114$849$641$479$306
25 years$1,372$1,045$787$585$431$269
26 years$1,305$983$730$535$389$237
27 years$1,243$925$677$490$350$209
28 years$1,186$871$630$449$316$184
29 years$1,132$822$586$412$285$162
30 years$1,083$776$546$378$258$143
31 years$1,037$734$509$347$233$126
32 years$993$694$475$319$211$111
33 years$953$658$443$293$191$98
34 years$915$623$414$270$173$87
35 years$879$591$387$248$157$77
36 years$845$561$362$229$142$68
37 years$813$533$339$211$129$60
38 years$783$506$318$194$117$53
39 years$754$482$298$179$106$47
40 years$727$458$279$165$96$41
41 years$702$436$261$152$87$37
42 years$677$415$245$141$79$32
43 years$654$396$230$130$72$29
44 years$632$377$216$120$65$25
45 years$611$360$203$111$59$22
46 years$591$343$191$102$54$20
47 years$572$328$179$94$49$17
48 years$554$313$168$87$44$15
49 years$536$299$158$81$40$14
50 years$519$285$149$75$36$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $532,000, adding $2,047 every year, while hoping to spend $29,176 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: 49/27/24 Blend
44$532,000$532,000$532,000$532,000
45$588,375$560,179$551,933$613,122
46$617,347$556,585$539,380$626,996
47$648,295$551,837$525,429$638,972
48$681,392$545,847$510,001$651,392
49$716,824$538,524$493,016$664,312
50$754,797$529,769$474,389$677,793
51$795,536$519,477$454,031$691,905
52$839,288$507,539$431,849$706,729
53$886,326$493,839$407,746$722,353
54$936,946$478,252$381,620$738,879
55$991,476$460,648$353,366$756,420
56$1,050,276$440,889$322,873$775,103
57$1,113,740$418,829$290,025$795,071
58$1,182,302$394,311$254,701$816,485
59$1,256,438$367,174$216,776$839,526
60$1,336,673$337,244$176,116$864,393
61$1,423,583$304,338$132,584$891,312
62$1,517,799$268,262$86,037$920,535
63$1,620,020$228,812$36,325$952,342
64$1,731,011$185,772$0$987,049
65$1,851,614$138,915$0$1,029,286
66$1,982,756$87,999$0$1,085,367
67$2,125,456$32,769$0$1,146,458
68$2,280,835$0$0$1,213,089
69$2,450,129$0$0$1,293,878
70$2,634,695$0$0$1,392,622
71$2,836,029$0$0$1,500,391
72$3,055,775$0$0$1,618,073
73$3,295,745$0$0$1,746,644
74$3,557,933$0$0$1,887,181
75$3,844,534$0$0$2,040,868
76$4,157,964$0$0$2,209,008
77$4,500,885$0$0$2,393,038
78$4,876,226$0$0$2,594,538
79$5,287,214$0$0$2,815,250
80$5,737,402$0$0$3,057,091
81$6,230,701$0$0$3,322,171
82$6,771,422$0$0$3,612,818
83$7,364,310$0$0$3,931,592
84$8,014,592$0$0$4,281,314
85$8,728,025$0$0$4,665,092
86$9,510,951$0$0$5,086,348
87$10,370,354$0$0$5,548,853
88$11,313,929$0$0$6,056,760
89$12,350,150$0$0$6,614,644
90$13,488,356$0$0$7,227,546
91$14,738,831$0$0$7,901,017
92$16,112,907$0$0$8,641,174
93$17,623,066$0$0$9,454,756
94$19,283,060$0$0$10,349,187
95$21,108,040$0$0$11,332,647
96$23,114,699$0$0$12,414,146
97$25,321,427$0$0$13,603,614
98$27,748,486$0$0$14,911,990
99$30,418,199$0$0$16,351,325
100$33,355,162$0$0$17,934,899