Can I retire at age 45 with 540,000?

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 $540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$44,593$44,195$43,808$43,430$43,060$42,452
2 years$22,076$21,664$21,266$20,880$20,505$19,893
3 years$14,571$14,158$13,761$13,378$13,009$12,413
4 years$10,819$10,408$10,014$9,638$9,278$8,702
5 years$8,569$8,160$7,771$7,403$7,053$6,499
6 years$7,069$6,663$6,280$5,920$5,581$5,049
7 years$5,998$5,596$5,219$4,867$4,539$4,030
8 years$5,195$4,796$4,426$4,083$3,765$3,279
9 years$4,571$4,176$3,812$3,478$3,171$2,707
10 years$4,072$3,681$3,324$2,998$2,702$2,260
11 years$3,665$3,277$2,926$2,609$2,324$1,904
12 years$3,325$2,941$2,597$2,289$2,014$1,615
13 years$3,038$2,658$2,320$2,020$1,756$1,378
14 years$2,792$2,416$2,085$1,794$1,539$1,181
15 years$2,579$2,207$1,882$1,599$1,355$1,017
16 years$2,392$2,025$1,706$1,432$1,198$878
17 years$2,228$1,865$1,553$1,287$1,062$760
18 years$2,083$1,723$1,417$1,160$944$660
19 years$1,952$1,597$1,298$1,048$842$574
20 years$1,835$1,484$1,191$949$752$500
21 years$1,730$1,382$1,095$861$673$437
22 years$1,633$1,290$1,010$783$603$382
23 years$1,546$1,207$932$713$541$334
24 years$1,466$1,131$862$650$487$292
25 years$1,392$1,061$798$594$438$256
26 years$1,324$997$741$543$394$225
27 years$1,262$939$688$497$356$197
28 years$1,204$884$639$456$321$173
29 years$1,150$834$595$418$290$152
30 years$1,099$788$554$383$262$134
31 years$1,052$745$517$352$237$118
32 years$1,008$705$482$324$214$104
33 years$967$668$450$298$194$91
34 years$928$633$420$274$175$80
35 years$892$600$393$252$159$71
36 years$858$570$368$232$144$62
37 years$825$541$344$214$130$55
38 years$795$514$322$197$118$48
39 years$766$489$302$182$107$42
40 years$738$465$283$168$97$37
41 years$712$443$265$155$88$33
42 years$687$422$249$143$80$29
43 years$664$402$234$132$73$26
44 years$642$383$219$122$66$23
45 years$620$365$206$112$60$20
46 years$600$348$193$104$54$18
47 years$581$332$182$96$49$15
48 years$562$317$171$89$45$14
49 years$544$303$160$82$41$12
50 years$527$289$151$76$37$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $540,000, adding $5,626 every year, while hoping to spend $26,391 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: 52/36/12 Blend
44$540,000$540,000$540,000$540,000
45$600,883$572,263$563,893$629,940
46$634,093$572,224$554,704$650,348
47$669,807$571,299$544,322$669,242
48$708,250$569,416$532,680$689,185
49$749,674$566,499$519,707$710,282
50$794,352$562,469$505,329$732,652
51$842,586$557,240$489,467$756,425
52$894,707$550,722$472,042$781,747
53$951,079$542,820$452,967$808,780
54$1,012,102$533,430$432,154$837,703
55$1,078,215$522,448$409,510$868,718
56$1,149,903$509,758$384,939$902,046
57$1,227,697$495,239$358,338$937,933
58$1,312,182$478,766$329,602$976,654
59$1,404,001$460,202$298,620$1,018,513
60$1,503,861$439,404$265,276$1,063,847
61$1,612,542$416,222$229,450$1,113,030
62$1,730,900$390,495$191,015$1,166,477
63$1,859,878$362,056$149,840$1,224,648
64$2,000,513$330,724$105,787$1,288,054
65$2,153,946$296,310$58,712$1,357,259
66$2,321,436$258,617$8,466$1,432,890
67$2,504,365$217,431$0$1,515,641
68$2,704,256$172,531$0$1,612,061
69$2,922,785$123,681$0$1,718,754
70$3,161,800$70,632$0$1,835,596
71$3,423,333$13,122$0$1,963,655
72$3,709,621$0$0$2,104,107
73$4,023,129$0$0$2,277,716
74$4,366,572$0$0$2,473,650
75$4,742,938$0$0$2,688,422
76$5,155,519$0$0$2,923,920
77$5,607,940$0$0$3,182,218
78$6,104,196$0$0$3,465,604
79$6,648,683$0$0$3,776,598
80$7,246,246$0$0$4,117,975
81$7,902,221$0$0$4,492,791
82$8,622,488$0$0$4,904,414
83$9,413,519$0$0$5,356,554
84$10,282,450$0$0$5,853,296
85$11,237,137$0$0$6,399,143
86$12,286,238$0$0$6,999,053
87$13,439,288$0$0$7,658,491
88$14,706,795$0$0$8,383,477
89$16,100,334$0$0$9,180,641
90$17,632,657$0$0$10,057,290
91$19,317,815$0$0$11,021,475
92$21,171,288$0$0$12,082,064
93$23,210,131$0$0$13,248,830
94$25,453,137$0$0$14,532,540
95$27,921,009$0$0$15,945,056
96$30,636,562$0$0$17,499,450
97$33,624,931$0$0$19,210,125
98$36,913,812$0$0$21,092,948
99$40,533,721$0$0$23,165,407
100$44,518,285$0$0$25,446,767