Can I retire at age 45 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$44,510$44,114$43,727$43,349$42,981$41,423
2 years$22,035$21,624$21,227$20,841$20,467$18,914
3 years$14,544$14,132$13,735$13,353$12,985$11,487
4 years$10,799$10,388$9,996$9,620$9,261$7,829
5 years$8,553$8,145$7,757$7,389$7,040$5,677
6 years$7,056$6,651$6,269$5,909$5,571$4,278
7 years$5,987$5,585$5,209$4,858$4,530$3,308
8 years$5,186$4,788$4,418$4,075$3,758$2,605
9 years$4,563$4,168$3,805$3,471$3,165$2,079
10 years$4,065$3,674$3,317$2,992$2,697$1,676
11 years$3,658$3,271$2,921$2,604$2,319$1,362
12 years$3,319$2,936$2,592$2,284$2,010$1,114
13 years$3,032$2,653$2,316$2,017$1,753$916
14 years$2,786$2,412$2,081$1,790$1,536$755
15 years$2,574$2,203$1,879$1,597$1,353$625
16 years$2,388$2,021$1,703$1,430$1,196$519
17 years$2,224$1,862$1,550$1,284$1,060$431
18 years$2,079$1,720$1,415$1,158$943$359
19 years$1,949$1,594$1,295$1,046$840$300
20 years$1,832$1,481$1,189$947$750$250
21 years$1,726$1,380$1,093$860$672$209
22 years$1,630$1,288$1,008$782$602$175
23 years$1,543$1,205$930$712$540$147
24 years$1,463$1,129$861$649$486$123
25 years$1,390$1,059$797$593$437$103
26 years$1,322$996$739$542$394$86
27 years$1,259$937$686$496$355$72
28 years$1,201$883$638$455$320$61
29 years$1,147$833$594$417$289$51
30 years$1,097$787$553$383$261$43
31 years$1,050$744$516$351$236$36
32 years$1,006$704$481$323$214$30
33 years$965$666$449$297$193$25
34 years$927$631$420$273$175$21
35 years$890$599$392$252$159$18
36 years$856$568$367$232$144$15
37 years$824$540$344$213$130$13
38 years$793$513$322$197$118$11
39 years$764$488$301$181$107$9
40 years$737$464$283$167$97$7
41 years$711$442$265$154$88$6
42 years$686$421$249$142$80$5
43 years$663$401$233$132$73$4
44 years$640$382$219$121$66$4
45 years$619$364$206$112$60$3
46 years$599$348$193$104$54$3
47 years$579$332$181$96$49$2
48 years$561$317$170$88$45$2
49 years$543$302$160$82$41$2
50 years$526$289$151$76$37$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $539,000, adding $5,405 every year, while hoping to spend $29,327 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: 51/43/6 Blend
44$539,000$539,000$539,000$539,000
45$599,553$570,986$562,632$628,986
46$629,504$567,761$550,276$646,360
47$661,527$563,395$536,524$661,609
48$695,802$557,800$521,297$677,481
49$732,528$550,886$504,514$694,040
50$771,920$542,555$486,090$711,360
51$814,218$532,702$465,936$729,522
52$859,683$521,219$443,960$748,618
53$908,601$507,989$420,063$768,750
54$961,288$492,890$394,144$790,035
55$1,018,088$475,791$366,097$812,601
56$1,079,384$456,555$335,812$836,592
57$1,145,590$435,036$303,171$862,172
58$1,217,168$411,080$268,055$889,520
59$1,294,620$384,524$230,336$918,840
60$1,378,502$355,195$189,882$950,356
61$1,469,422$322,913$146,556$984,320
62$1,568,050$287,483$100,213$1,021,014
63$1,675,125$248,703$50,704$1,060,750
64$1,791,455$206,357$0$1,103,879
65$1,917,934$160,219$0$1,150,923
66$2,055,541$110,048$0$1,205,654
67$2,205,357$55,591$0$1,265,314
68$2,368,569$0$0$1,330,449
69$2,546,483$0$0$1,403,284
70$2,740,540$0$0$1,511,469
71$2,952,320$0$0$1,629,588
72$3,183,568$0$0$1,758,619
73$3,436,202$0$0$1,899,640
74$3,712,334$0$0$2,053,837
75$4,014,289$0$0$2,222,516
76$4,344,627$0$0$2,407,115
77$4,706,167$0$0$2,609,216
78$5,102,014$0$0$2,830,564
79$5,535,585$0$0$3,073,078
80$6,010,645$0$0$3,338,873
81$6,531,340$0$0$3,630,278
82$7,102,236$0$0$3,949,858
83$7,728,360$0$0$4,300,438
84$8,415,253$0$0$4,685,130
85$9,169,015$0$0$5,107,360
86$9,996,366$0$0$5,570,905
87$10,904,709$0$0$6,079,923
88$11,902,196$0$0$6,638,996
89$12,997,812$0$0$7,253,170
90$14,201,450$0$0$7,928,005
91$15,524,012$0$0$8,669,626
92$16,977,507$0$0$9,484,781
93$18,575,165$0$0$10,380,904
94$20,331,562$0$0$11,366,185
95$22,262,755$0$0$12,449,646
96$24,386,437$0$0$13,641,231
97$26,722,101$0$0$14,951,891
98$29,291,222$0$0$16,393,694
99$32,117,463$0$0$17,979,939
100$35,226,894$0$0$19,725,274