Can I retire at age 45 with 538,000?

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 $538,000?

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$44,428$44,032$43,646$43,269$42,901$42,488
2 years$21,994$21,584$21,187$20,802$20,429$20,013
3 years$14,517$14,106$13,710$13,328$12,961$12,555
4 years$10,779$10,369$9,977$9,602$9,244$8,851
5 years$8,537$8,129$7,743$7,375$7,027$6,648
6 years$7,043$6,638$6,257$5,898$5,560$5,196
7 years$5,976$5,575$5,200$4,849$4,522$4,173
8 years$5,176$4,779$4,410$4,068$3,751$3,417
9 years$4,555$4,161$3,798$3,465$3,159$2,839
10 years$4,057$3,667$3,311$2,987$2,692$2,386
11 years$3,651$3,265$2,915$2,599$2,315$2,024
12 years$3,312$2,930$2,587$2,280$2,006$1,729
13 years$3,026$2,648$2,311$2,013$1,749$1,486
14 years$2,781$2,407$2,077$1,787$1,534$1,283
15 years$2,569$2,199$1,875$1,594$1,350$1,112
16 years$2,384$2,018$1,700$1,427$1,193$968
17 years$2,220$1,858$1,547$1,282$1,058$845
18 years$2,075$1,717$1,412$1,155$941$739
19 years$1,945$1,591$1,293$1,044$839$648
20 years$1,828$1,479$1,186$946$749$570
21 years$1,723$1,377$1,091$858$670$501
22 years$1,627$1,286$1,006$780$601$442
23 years$1,540$1,202$929$711$539$390
24 years$1,460$1,127$859$648$485$344
25 years$1,387$1,057$796$592$436$304
26 years$1,319$994$738$541$393$269
27 years$1,257$935$685$495$354$238
28 years$1,199$881$637$454$320$211
29 years$1,145$831$593$416$289$187
30 years$1,095$785$552$382$261$166
31 years$1,048$742$515$351$236$147
32 years$1,005$702$480$322$213$131
33 years$963$665$448$296$193$116
34 years$925$630$419$273$175$103
35 years$889$598$392$251$158$92
36 years$854$567$366$231$143$82
37 years$822$539$343$213$130$72
38 years$792$512$321$196$118$64
39 years$763$487$301$181$107$57
40 years$736$463$282$167$97$51
41 years$710$441$264$154$88$45
42 years$685$420$248$142$80$40
43 years$662$400$233$131$72$36
44 years$639$382$218$121$66$32
45 years$618$364$205$112$60$28
46 years$598$347$193$103$54$25
47 years$578$331$181$96$49$23
48 years$560$316$170$88$45$20
49 years$542$302$160$82$41$18
50 years$525$288$150$75$37$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $538,000, adding $4,009 every year, while hoping to spend $22,342 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: 80/8/12 Blend
44$538,000$538,000$538,000$538,000
45$597,011$568,497$560,158$643,134
46$634,135$572,582$555,152$678,083
47$674,296$576,118$549,229$713,118
48$717,781$579,055$542,335$750,915
49$764,905$581,339$534,414$791,740
50$816,014$582,913$525,405$835,886
51$871,488$583,717$515,247$883,676
52$931,747$583,685$503,874$935,465
53$997,249$582,750$491,218$991,645
54$1,068,503$580,839$477,208$1,052,647
55$1,146,064$577,874$461,769$1,118,948
56$1,230,547$573,775$444,823$1,191,071
57$1,322,627$568,453$426,288$1,269,594
58$1,423,045$561,817$406,079$1,355,154
59$1,532,619$553,770$384,106$1,448,452
60$1,652,249$544,208$360,277$1,550,260
61$1,782,926$533,021$334,493$1,661,432
62$1,925,739$520,094$306,653$1,782,905
63$2,081,889$505,304$276,651$1,915,715
64$2,252,698$488,520$244,375$2,061,002
65$2,439,621$469,605$209,709$2,220,024
66$2,644,260$448,413$172,532$2,394,165
67$2,868,379$424,790$132,717$2,584,954
68$3,113,923$398,574$90,132$2,794,072
69$3,383,031$369,592$44,639$3,023,376
70$3,678,059$337,661$0$3,274,910
71$4,001,605$302,590$0$3,551,428
72$4,356,526$264,174$0$3,861,047
73$4,745,971$222,199$0$4,200,802
74$5,173,410$176,436$0$4,573,732
75$5,642,664$126,648$0$4,983,186
76$6,157,941$72,578$0$5,432,853
77$6,723,877$13,961$0$5,926,798
78$7,345,580$0$0$6,469,499
79$8,028,677$0$0$7,070,249
80$8,779,366$0$0$7,731,810
81$9,604,476$0$0$8,458,972
82$10,511,529$0$0$9,258,368
83$11,508,816$0$0$10,137,305
84$12,605,466$0$0$11,103,833
85$13,811,542$0$0$12,166,821
86$15,138,127$0$0$13,336,041
87$16,597,435$0$0$14,622,260
88$18,202,921$0$0$16,037,341
89$19,969,413$0$0$17,594,354
90$21,913,245$0$0$19,307,700
91$24,052,417$0$0$21,193,247
92$26,406,762$0$0$23,268,479
93$28,998,130$0$0$25,552,661
94$31,850,602$0$0$28,067,019
95$34,990,708$0$0$30,834,943
96$38,447,681$0$0$33,882,206
97$42,253,736$0$0$37,237,206
98$46,444,367$0$0$40,931,234
99$51,058,685$0$0$44,998,773
100$56,139,789$0$0$49,477,815