Can I retire at age 45 with 543,000?

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 $543,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$44,840$44,441$44,051$43,671$43,300$42,495
2 years$22,198$21,785$21,384$20,996$20,619$19,811
3 years$14,652$14,237$13,837$13,452$13,081$12,296
4 years$10,879$10,465$10,070$9,691$9,330$8,572
5 years$8,616$8,205$7,815$7,444$7,092$6,365
6 years$7,108$6,700$6,315$5,953$5,612$4,916
7 years$6,032$5,627$5,248$4,894$4,564$3,900
8 years$5,224$4,823$4,451$4,106$3,786$3,153
9 years$4,597$4,199$3,833$3,497$3,189$2,586
10 years$4,095$3,702$3,342$3,015$2,717$2,145
11 years$3,685$3,295$2,942$2,624$2,337$1,794
12 years$3,343$2,958$2,611$2,301$2,025$1,511
13 years$3,054$2,673$2,333$2,032$1,766$1,280
14 years$2,807$2,430$2,096$1,803$1,548$1,089
15 years$2,593$2,219$1,893$1,608$1,363$930
16 years$2,406$2,036$1,716$1,440$1,204$797
17 years$2,241$1,875$1,561$1,294$1,068$685
18 years$2,094$1,733$1,425$1,166$950$590
19 years$1,963$1,606$1,305$1,054$846$509
20 years$1,845$1,492$1,198$954$756$440
21 years$1,739$1,390$1,101$866$677$381
22 years$1,643$1,298$1,015$787$606$330
23 years$1,555$1,214$937$717$544$286
24 years$1,474$1,137$867$654$489$249
25 years$1,400$1,067$803$597$440$216
26 years$1,332$1,003$745$546$397$188
27 years$1,269$944$691$500$358$163
28 years$1,210$889$643$458$323$142
29 years$1,156$839$598$420$291$124
30 years$1,105$792$557$386$263$108
31 years$1,058$749$519$354$238$94
32 years$1,014$709$485$325$215$82
33 years$972$671$453$299$195$71
34 years$934$636$423$275$176$62
35 years$897$603$395$253$160$54
36 years$862$573$370$233$145$47
37 years$830$544$346$215$131$41
38 years$799$517$324$198$119$36
39 years$770$492$304$183$108$32
40 years$742$468$285$169$98$28
41 years$716$445$267$156$89$24
42 years$691$424$250$144$81$21
43 years$668$404$235$133$73$18
44 years$645$385$221$122$66$16
45 years$624$367$207$113$60$14
46 years$603$350$194$104$55$12
47 years$584$334$183$96$50$11
48 years$565$319$172$89$45$9
49 years$547$305$161$82$41$8
50 years$530$291$152$76$37$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $543,000, adding $6,495 every year, while hoping to spend $40,364 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: 51/40/9 Blend
44$543,000$543,000$543,000$543,000
45$605,086$576,307$567,890$634,211
46$623,857$561,599$543,967$640,070
47$643,191$544,817$517,891$641,569
48$663,101$525,818$489,545$642,255
49$683,603$504,448$458,810$642,059
50$704,711$480,547$425,560$640,911
51$726,441$453,943$389,666$638,736
52$748,807$424,455$350,989$635,454
53$771,825$391,893$309,387$630,980
54$795,510$356,055$264,710$625,223
55$819,877$316,727$216,803$618,089
56$844,942$273,684$165,503$609,477
57$870,718$226,686$110,639$599,278
58$897,220$175,483$52,035$587,379
59$924,463$119,808$0$573,659
60$952,460$59,380$0$558,999
61$981,224$0$0$547,652
62$1,010,768$0$0$537,176
63$1,041,104$0$0$553,252
64$1,072,241$0$0$569,749
65$1,104,191$0$0$586,669
66$1,136,961$0$0$604,018
67$1,170,557$0$0$621,799
68$1,204,986$0$0$640,012
69$1,240,250$0$0$658,659
70$1,276,350$0$0$677,739
71$1,313,285$0$0$697,249
72$1,351,049$0$0$717,187
73$1,389,635$0$0$737,546
74$1,429,032$0$0$758,319
75$1,469,224$0$0$779,495
76$1,510,189$0$0$801,062
77$1,551,903$0$0$823,004
78$1,594,333$0$0$845,301
79$1,637,441$0$0$867,930
80$1,681,182$0$0$890,864
81$1,725,501$0$0$914,072
82$1,770,335$0$0$937,515
83$1,815,610$0$0$961,151
84$1,861,241$0$0$984,930
85$1,907,131$0$0$1,008,795
86$1,953,167$0$0$1,032,682
87$1,999,221$0$0$1,056,517
88$2,045,147$0$0$1,080,215
89$2,090,781$0$0$1,103,683
90$2,135,937$0$0$1,126,813
91$2,180,403$0$0$1,149,484
92$2,223,942$0$0$1,171,562
93$2,266,288$0$0$1,192,894
94$2,307,142$0$0$1,213,309
95$2,346,169$0$0$1,232,617
96$2,382,992$0$0$1,250,605
97$2,417,194$0$0$1,267,033
98$2,448,304$0$0$1,281,636
99$2,475,802$0$0$1,294,118
100$2,499,104$0$0$1,304,148