Can I retire at age 45 with 537,000?

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 $537,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$44,345$43,950$43,565$43,188$42,821$41,106
2 years$21,953$21,544$21,148$20,764$20,391$18,685
3 years$14,490$14,079$13,684$13,303$12,937$11,293
4 years$10,759$10,350$9,958$9,584$9,227$7,658
5 years$8,521$8,114$7,728$7,362$7,014$5,524
6 years$7,030$6,626$6,246$5,887$5,550$4,140
7 years$5,965$5,564$5,190$4,840$4,514$3,183
8 years$5,167$4,770$4,402$4,060$3,744$2,491
9 years$4,546$4,153$3,791$3,459$3,153$1,976
10 years$4,050$3,661$3,305$2,981$2,687$1,584
11 years$3,644$3,259$2,910$2,595$2,311$1,279
12 years$3,306$2,925$2,582$2,276$2,002$1,039
13 years$3,021$2,643$2,307$2,009$1,746$848
14 years$2,776$2,403$2,073$1,784$1,531$694
15 years$2,564$2,195$1,872$1,591$1,348$571
16 years$2,379$2,014$1,697$1,424$1,191$470
17 years$2,216$1,855$1,544$1,280$1,056$388
18 years$2,071$1,714$1,410$1,153$939$321
19 years$1,942$1,588$1,290$1,042$837$266
20 years$1,825$1,476$1,184$944$748$220
21 years$1,720$1,375$1,089$857$669$183
22 years$1,624$1,283$1,004$779$600$152
23 years$1,537$1,200$927$709$538$126
24 years$1,458$1,125$857$647$484$105
25 years$1,384$1,055$794$591$435$87
26 years$1,317$992$736$540$392$72
27 years$1,255$933$684$494$354$60
28 years$1,197$880$636$453$319$50
29 years$1,143$830$592$415$288$42
30 years$1,093$784$551$381$260$35
31 years$1,046$741$514$350$235$29
32 years$1,003$701$479$322$213$24
33 years$962$664$448$296$193$20
34 years$923$629$418$272$174$17
35 years$887$597$391$251$158$14
36 years$853$566$366$231$143$12
37 years$821$538$342$213$130$10
38 years$790$511$321$196$118$8
39 years$761$486$300$181$107$7
40 years$734$463$281$167$97$6
41 years$708$440$264$154$88$5
42 years$684$419$248$142$80$4
43 years$660$400$232$131$72$3
44 years$638$381$218$121$66$3
45 years$617$363$205$112$60$2
46 years$597$346$192$103$54$2
47 years$577$331$181$95$49$2
48 years$559$316$170$88$45$1
49 years$541$301$160$81$41$1
50 years$524$288$150$75$37$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $537,000, adding $5,122 every year, while hoping to spend $30,003 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: 64/16/20 Blend
44$537,000$537,000$537,000$537,000
45$597,057$568,596$560,273$631,912
46$626,034$564,535$547,119$651,919
47$656,961$559,268$532,519$669,909
48$690,005$552,707$516,393$688,863
49$725,350$544,754$498,656$708,875
50$763,197$535,307$479,222$730,053
51$803,765$524,259$457,998$752,515
52$847,297$511,496$434,889$776,392
53$894,058$496,896$409,794$801,831
54$944,340$480,332$382,610$828,994
55$998,461$461,667$353,226$858,061
56$1,056,773$440,758$321,528$889,232
57$1,119,662$417,453$287,398$922,730
58$1,187,551$391,592$250,709$958,800
59$1,260,906$363,004$211,333$997,715
60$1,340,239$331,511$169,132$1,039,778
61$1,426,110$296,923$123,966$1,085,324
62$1,519,140$259,038$75,685$1,134,725
63$1,620,007$217,646$24,135$1,188,394
64$1,729,458$172,521$0$1,246,786
65$1,848,317$123,429$0$1,316,996
66$1,977,486$70,117$0$1,398,918
67$2,117,960$12,324$0$1,488,055
68$2,270,835$0$0$1,585,130
69$2,437,313$0$0$1,699,788
70$2,618,719$0$0$1,827,125
71$2,816,513$0$0$1,966,001
72$3,032,297$0$0$2,117,546
73$3,267,840$0$0$2,283,006
74$3,525,085$0$0$2,463,751
75$3,806,172$0$0$2,661,290
76$4,113,458$0$0$2,877,284
77$4,449,538$0$0$3,113,563
78$4,817,268$0$0$3,372,141
79$5,219,794$0$0$3,655,235
80$5,660,579$0$0$3,965,287
81$6,143,437$0$0$4,304,986
82$6,672,570$0$0$4,677,296
83$7,252,603$0$0$5,085,476
84$7,888,631$0$0$5,533,121
85$8,586,267$0$0$6,024,186
86$9,351,691$0$0$6,563,031
87$10,191,711$0$0$7,154,455
88$11,113,827$0$0$7,803,748
89$12,126,299$0$0$8,516,735
90$13,238,228$0$0$9,299,831
91$14,459,638$0$0$10,160,107
92$15,801,571$0$0$11,105,349
93$17,276,193$0$0$12,144,136
94$18,896,907$0$0$13,285,920
95$20,678,478$0$0$14,541,114
96$22,637,173$0$0$15,921,187
97$24,790,914$0$0$17,438,780
98$27,159,446$0$0$19,107,817
99$29,764,524$0$0$20,943,640
100$32,630,116$0$0$22,963,151