Can I retire at age 45 with 533,000?

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 $533,000?

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$44,015$43,623$43,240$42,867$42,502$41,971
2 years$21,789$21,384$20,990$20,609$20,239$19,705
3 years$14,382$13,974$13,582$13,204$12,841$12,319
4 years$10,679$10,273$9,884$9,513$9,158$8,654
5 years$8,458$8,054$7,671$7,307$6,962$6,477
6 years$6,977$6,577$6,199$5,843$5,509$5,043
7 years$5,920$5,523$5,151$4,804$4,480$4,034
8 years$5,128$4,734$4,369$4,030$3,717$3,290
9 years$4,512$4,122$3,763$3,433$3,130$2,723
10 years$4,020$3,633$3,281$2,959$2,667$2,279
11 years$3,617$3,235$2,888$2,575$2,294$1,924
12 years$3,282$2,903$2,563$2,259$1,988$1,636
13 years$2,998$2,624$2,290$1,994$1,733$1,400
14 years$2,755$2,385$2,058$1,770$1,519$1,203
15 years$2,545$2,179$1,858$1,579$1,338$1,038
16 years$2,361$1,999$1,684$1,414$1,182$899
17 years$2,199$1,841$1,533$1,270$1,048$781
18 years$2,056$1,701$1,399$1,145$932$680
19 years$1,927$1,576$1,281$1,034$831$593
20 years$1,811$1,465$1,175$937$742$519
21 years$1,707$1,365$1,081$850$664$454
22 years$1,612$1,274$996$773$595$398
23 years$1,526$1,191$920$704$534$349
24 years$1,447$1,116$851$642$480$307
25 years$1,374$1,047$788$586$432$270
26 years$1,307$984$731$536$389$237
27 years$1,245$926$679$491$351$209
28 years$1,188$873$631$450$317$184
29 years$1,135$824$587$412$286$162
30 years$1,085$778$547$378$258$143
31 years$1,039$735$510$348$234$126
32 years$995$696$476$319$211$111
33 years$955$659$444$294$191$98
34 years$916$624$415$270$173$87
35 years$880$592$388$249$157$77
36 years$847$562$363$229$142$68
37 years$815$534$340$211$129$60
38 years$784$507$318$195$117$53
39 years$756$483$298$179$106$47
40 years$729$459$279$165$96$41
41 years$703$437$262$153$87$37
42 years$679$416$246$141$79$32
43 years$655$397$231$130$72$29
44 years$633$378$216$120$65$25
45 years$612$360$203$111$59$22
46 years$592$344$191$102$54$20
47 years$573$328$179$95$49$18
48 years$555$313$169$87$44$16
49 years$537$299$158$81$40$14
50 years$520$286$149$75$37$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $533,000, adding $2,192 every year, while hoping to spend $29,396 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: 29/42/29 Blend
44$533,000$533,000$533,000$533,000
45$589,627$561,378$553,117$601,407
46$618,492$557,608$540,369$607,158
47$649,316$552,669$526,209$610,648
48$682,267$546,471$510,558$613,818
49$717,532$538,921$493,335$616,662
50$755,312$529,920$474,454$619,176
51$795,830$519,363$453,824$621,357
52$839,331$507,138$431,353$623,207
53$886,082$493,127$406,943$624,729
54$936,377$477,205$380,491$625,933
55$990,540$459,240$351,889$626,831
56$1,048,925$439,093$321,028$627,442
57$1,111,922$416,615$287,789$627,789
58$1,179,959$391,650$252,050$627,905
59$1,253,506$364,032$213,685$627,828
60$1,333,080$333,587$172,561$627,607
61$1,419,250$300,128$128,537$627,301
62$1,512,641$263,462$81,470$626,979
63$1,613,939$223,380$31,208$626,726
64$1,723,900$179,665$0$626,638
65$1,843,356$132,087$0$633,772
66$1,973,220$80,401$0$652,076
67$2,114,498$24,350$0$672,091
68$2,268,297$0$0$694,052
69$2,435,834$0$0$735,013
70$2,618,450$0$0$792,005
71$2,817,618$0$0$854,244
72$3,034,962$0$0$922,248
73$3,272,268$0$0$996,584
74$3,531,504$0$0$1,077,882
75$3,814,833$0$0$1,166,831
76$4,124,641$0$0$1,264,192
77$4,463,550$0$0$1,370,801
78$4,834,452$0$0$1,487,580
79$5,240,527$0$0$1,615,545
80$5,685,281$0$0$1,755,814
81$6,172,571$0$0$1,909,618
82$6,706,648$0$0$2,078,313
83$7,292,192$0$0$2,263,394
84$7,934,357$0$0$2,466,505
85$8,638,822$0$0$2,689,459
86$9,411,839$0$0$2,934,253
87$10,260,298$0$0$3,203,086
88$11,191,785$0$0$3,498,380
89$12,214,660$0$0$3,822,804
90$13,338,130$0$0$4,179,299
91$14,572,337$0$0$4,571,103
92$15,928,455$0$0$5,001,784
93$17,418,794$0$0$5,475,275
94$19,056,916$0$0$5,995,906
95$20,857,760$0$0$6,568,449
96$22,837,786$0$0$7,198,162
97$25,015,131$0$0$7,890,837
98$27,409,773$0$0$8,652,856
99$30,043,726$0$0$9,491,252
100$32,941,244$0$0$10,413,772