Can I retire at age 45 with 544,000?

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 $544,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$44,923$44,523$44,132$43,751$43,379$42,626
2 years$22,239$21,825$21,424$21,034$20,657$19,900
3 years$14,679$14,263$13,862$13,477$13,106$12,369
4 years$10,899$10,485$10,088$9,709$9,347$8,636
5 years$8,632$8,220$7,829$7,458$7,105$6,423
6 years$7,121$6,712$6,327$5,964$5,622$4,969
7 years$6,043$5,637$5,258$4,903$4,572$3,948
8 years$5,234$4,832$4,459$4,113$3,793$3,198
9 years$4,605$4,207$3,841$3,504$3,194$2,627
10 years$4,103$3,708$3,348$3,020$2,722$2,183
11 years$3,692$3,301$2,948$2,628$2,341$1,829
12 years$3,349$2,963$2,616$2,305$2,029$1,544
13 years$3,060$2,678$2,337$2,035$1,769$1,310
14 years$2,812$2,434$2,100$1,807$1,551$1,117
15 years$2,598$2,224$1,896$1,611$1,365$957
16 years$2,410$2,040$1,719$1,443$1,207$821
17 years$2,245$1,879$1,564$1,296$1,070$707
18 years$2,098$1,736$1,428$1,168$951$611
19 years$1,967$1,609$1,307$1,056$848$528
20 years$1,849$1,495$1,200$956$757$457
21 years$1,742$1,393$1,104$868$678$397
22 years$1,646$1,300$1,017$789$608$345
23 years$1,557$1,216$939$718$545$300
24 years$1,477$1,139$868$655$490$261
25 years$1,403$1,069$804$598$441$227
26 years$1,334$1,005$746$547$397$198
27 years$1,271$946$693$501$358$173
28 years$1,212$891$644$459$323$151
29 years$1,158$841$599$421$292$132
30 years$1,107$794$558$386$264$115
31 years$1,060$750$520$355$238$100
32 years$1,016$710$486$326$216$88
33 years$974$672$453$300$195$77
34 years$935$637$424$276$177$67
35 years$899$605$396$254$160$59
36 years$864$574$370$234$145$51
37 years$831$545$347$215$131$45
38 years$801$518$325$199$119$39
39 years$771$492$304$183$108$34
40 years$744$469$285$169$98$30
41 years$718$446$267$156$89$26
42 years$693$425$251$144$81$23
43 years$669$405$235$133$73$20
44 years$646$386$221$123$66$18
45 years$625$368$207$113$60$15
46 years$604$351$195$105$55$13
47 years$585$335$183$97$50$12
48 years$566$320$172$89$45$10
49 years$548$305$162$82$41$9
50 years$531$292$152$76$37$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $544,000, adding $5,878 every year, while hoping to spend $46,010 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: 50/21/29 Blend
44$544,000$544,000$544,000$544,000
45$605,551$576,719$568,287$630,598
46$618,363$556,024$538,370$628,038
47$630,940$532,773$505,910$620,227
48$643,209$506,792$470,771$610,845
49$655,088$477,897$432,814$599,765
50$666,487$445,894$391,893$586,852
51$677,303$410,577$347,855$571,956
52$687,421$371,728$300,542$554,921
53$696,714$329,119$249,786$535,574
54$705,039$282,506$195,414$513,733
55$712,237$231,632$137,244$489,198
56$718,130$176,227$75,087$461,755
57$722,521$116,005$8,744$431,174
58$725,192$50,662$0$397,205
59$725,897$0$0$378,781
60$724,367$0$0$365,195
61$720,300$0$0$361,885
62$713,363$0$0$356,960
63$703,185$0$0$350,215
64$689,357$0$0$341,422
65$671,423$0$0$330,331
66$648,880$0$0$316,661
67$621,171$0$0$300,106
68$587,677$0$0$280,323
69$547,716$0$0$256,935
70$500,532$0$0$229,523
71$445,289$0$0$197,627
72$381,063$0$0$160,735
73$306,832$0$0$118,283
74$221,467$0$0$69,647
75$123,720$0$0$14,138
76$12,212$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0