Can I retire at age 45 with 534,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $534,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$44,097$43,704$43,321$42,947$42,582$42,190
2 years$21,830$21,424$21,030$20,648$20,277$19,882
3 years$14,409$14,001$13,608$13,229$12,865$12,479
4 years$10,699$10,292$9,903$9,531$9,175$8,802
5 years$8,474$8,069$7,685$7,321$6,975$6,615
6 years$6,991$6,589$6,211$5,854$5,519$5,173
7 years$5,932$5,533$5,161$4,813$4,488$4,156
8 years$5,138$4,743$4,377$4,038$3,724$3,405
9 years$4,521$4,130$3,770$3,439$3,136$2,831
10 years$4,027$3,640$3,287$2,965$2,672$2,381
11 years$3,624$3,241$2,894$2,580$2,298$2,020
12 years$3,288$2,909$2,568$2,263$1,991$1,727
13 years$3,004$2,629$2,294$1,998$1,736$1,485
14 years$2,761$2,389$2,061$1,774$1,522$1,283
15 years$2,550$2,183$1,861$1,582$1,340$1,114
16 years$2,366$2,003$1,687$1,416$1,184$970
17 years$2,204$1,844$1,536$1,272$1,050$847
18 years$2,059$1,704$1,402$1,147$934$742
19 years$1,931$1,579$1,283$1,036$832$651
20 years$1,815$1,468$1,178$938$743$572
21 years$1,710$1,367$1,083$852$665$504
22 years$1,615$1,276$998$774$596$444
23 years$1,529$1,194$922$705$535$392
24 years$1,450$1,118$853$643$481$347
25 years$1,377$1,049$790$587$433$307
26 years$1,310$986$732$537$390$272
27 years$1,248$928$680$492$352$241
28 years$1,190$875$632$450$317$214
29 years$1,137$825$588$413$286$189
30 years$1,087$779$548$379$259$168
31 years$1,041$737$511$348$234$149
32 years$997$697$477$320$212$133
33 years$956$660$445$294$192$118
34 years$918$626$416$271$173$105
35 years$882$593$389$249$157$93
36 years$848$563$364$230$142$83
37 years$816$535$340$211$129$74
38 years$786$508$319$195$117$66
39 years$757$483$299$180$106$58
40 years$730$460$280$166$96$52
41 years$704$438$262$153$87$46
42 years$680$417$246$141$79$41
43 years$657$397$231$130$72$37
44 years$634$379$217$120$65$33
45 years$613$361$204$111$59$29
46 years$593$344$191$103$54$26
47 years$574$329$180$95$49$23
48 years$556$314$169$88$44$21
49 years$538$300$159$81$40$18
50 years$521$286$149$75$37$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $534,000, adding $2,684 every year, while hoping to spend $28,924 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: 67/6/27 Blend
44$534,000$534,000$534,000$534,000
45$591,237$562,935$554,658$626,517
46$620,768$559,743$542,464$647,412
47$652,342$555,427$528,892$666,743
48$686,136$549,898$513,865$687,234
49$722,347$543,067$497,304$709,001
50$761,186$534,838$479,124$732,173
51$802,890$525,108$459,238$756,891
52$847,716$513,769$437,553$783,314
53$895,946$500,707$413,974$811,616
54$947,891$485,801$388,401$841,992
55$1,003,893$468,921$360,729$874,656
56$1,064,324$449,933$330,848$909,845
57$1,129,598$428,693$298,645$947,822
58$1,200,167$405,048$263,999$988,879
59$1,276,527$378,838$226,786$1,033,338
60$1,359,224$349,893$186,875$1,081,555
61$1,448,861$318,034$144,131$1,133,924
62$1,546,097$283,069$98,411$1,190,883
63$1,651,658$244,799$49,568$1,252,913
64$1,766,345$203,012$0$1,320,548
65$1,891,035$157,483$0$1,395,114
66$2,026,696$107,975$0$1,491,815
67$2,174,392$54,239$0$1,597,125
68$2,335,294$0$0$1,711,890
69$2,510,689$0$0$1,837,309
70$2,701,997$0$0$1,978,041
71$2,910,778$0$0$2,131,658
72$3,138,749$0$0$2,299,428
73$3,387,802$0$0$2,482,746
74$3,660,018$0$0$2,683,148
75$3,957,691$0$0$2,902,327
76$4,283,343$0$0$3,142,146
77$4,639,754$0$0$3,404,655
78$5,029,983$0$0$3,692,113
79$5,457,401$0$0$4,007,008
80$5,925,717$0$0$4,352,079
81$6,439,019$0$0$4,730,342
82$7,001,807$0$0$5,145,120
83$7,619,039$0$0$5,600,073
84$8,296,174$0$0$6,099,230
85$9,039,228$0$0$6,647,031
86$9,854,823$0$0$7,248,368
87$10,750,257$0$0$7,908,625
88$11,733,568$0$0$8,633,739
89$12,813,610$0$0$9,430,244
90$14,000,139$0$0$10,305,343
91$15,303,898$0$0$11,266,968
92$16,736,727$0$0$12,323,859
93$18,311,668$0$0$13,485,644
94$20,043,087$0$0$14,762,931
95$21,946,816$0$0$16,167,406
96$24,040,295$0$0$17,711,945
97$26,342,737$0$0$19,410,735
98$28,875,314$0$0$21,279,404
99$31,661,351$0$0$23,335,174
100$34,726,548$0$0$25,597,019