Can I retire at age 45 with 549,000?

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 $549,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$45,336$44,932$44,538$44,154$43,778$43,088
2 years$22,444$22,026$21,620$21,228$20,847$20,154
3 years$14,814$14,394$13,990$13,601$13,226$12,551
4 years$11,000$10,581$10,181$9,799$9,433$8,781
5 years$8,712$8,296$7,901$7,526$7,171$6,544
6 years$7,187$6,774$6,385$6,019$5,674$5,074
7 years$6,098$5,689$5,306$4,948$4,614$4,040
8 years$5,282$4,876$4,500$4,151$3,828$3,280
9 years$4,648$4,246$3,876$3,536$3,224$2,702
10 years$4,140$3,742$3,379$3,048$2,747$2,250
11 years$3,726$3,332$2,975$2,653$2,362$1,890
12 years$3,380$2,990$2,640$2,327$2,047$1,600
13 years$3,088$2,702$2,359$2,054$1,785$1,361
14 years$2,838$2,456$2,119$1,823$1,565$1,164
15 years$2,622$2,244$1,913$1,626$1,378$999
16 years$2,432$2,059$1,735$1,456$1,218$860
17 years$2,265$1,896$1,579$1,308$1,080$743
18 years$2,117$1,752$1,441$1,179$960$643
19 years$1,985$1,624$1,319$1,065$856$558
20 years$1,866$1,509$1,211$965$764$485
21 years$1,758$1,405$1,114$876$684$422
22 years$1,661$1,312$1,026$796$613$367
23 years$1,572$1,227$948$725$550$320
24 years$1,490$1,150$876$661$495$280
25 years$1,415$1,079$812$604$445$244
26 years$1,346$1,014$753$552$401$214
27 years$1,283$954$699$505$362$187
28 years$1,224$899$650$463$326$164
29 years$1,169$848$605$425$295$143
30 years$1,118$801$563$390$266$126
31 years$1,070$757$525$358$241$110
32 years$1,025$717$490$329$218$97
33 years$983$679$458$303$197$85
34 years$944$643$427$278$178$74
35 years$907$610$400$256$162$65
36 years$872$579$374$236$146$57
37 years$839$550$350$217$133$50
38 years$808$523$328$200$120$44
39 years$778$497$307$185$109$39
40 years$751$473$288$170$99$34
41 years$724$450$270$157$90$30
42 years$699$429$253$145$81$26
43 years$675$408$238$134$74$23
44 years$652$389$223$124$67$20
45 years$631$371$209$114$61$18
46 years$610$354$197$106$55$16
47 years$590$338$185$97$50$14
48 years$571$323$174$90$46$12
49 years$553$308$163$83$41$11
50 years$536$294$153$77$38$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $549,000, adding $3,918 every year, while hoping to spend $31,099 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: 32/50/18 Blend
44$549,000$549,000$549,000$549,000
45$609,039$579,942$571,433$625,000
46$638,072$575,271$557,487$632,539
47$669,024$569,327$542,031$637,527
48$702,058$562,018$524,983$642,239
49$737,353$553,241$506,254$646,668
50$775,103$542,891$485,754$650,810
51$815,524$530,853$463,387$654,664
52$858,851$517,008$439,054$658,231
53$905,342$501,229$412,651$661,517
54$955,280$483,382$384,067$664,531
55$1,008,975$463,325$353,191$667,286
56$1,066,770$440,907$319,902$669,803
57$1,129,038$415,969$284,076$672,107
58$1,196,192$388,344$245,584$674,230
59$1,268,683$357,852$204,291$676,214
60$1,347,008$324,306$160,054$678,109
61$1,431,713$287,508$112,727$679,976
62$1,523,399$247,247$62,154$681,888
63$1,622,725$203,301$8,175$683,931
64$1,730,416$155,435$0$686,207
65$1,847,269$103,403$0$698,328
66$1,974,163$46,942$0$713,231
67$2,112,062$0$0$729,540
68$2,262,028$0$0$755,302
69$2,425,228$0$0$811,518
70$2,602,947$0$0$872,812
71$2,796,599$0$0$939,681
72$3,007,741$0$0$1,012,673
73$3,238,085$0$0$1,092,390
74$3,489,515$0$0$1,179,496
75$3,764,108$0$0$1,274,720
76$4,064,147$0$0$1,378,867
77$4,392,147$0$0$1,492,822
78$4,750,877$0$0$1,617,560
79$5,143,386$0$0$1,754,154
80$5,573,030$0$0$1,903,786
81$6,043,506$0$0$2,067,758
82$6,558,884$0$0$2,247,503
83$7,123,647$0$0$2,444,600
84$7,742,732$0$0$2,660,789
85$8,421,578$0$0$2,897,984
86$9,166,171$0$0$3,158,296
87$9,983,109$0$0$3,444,048
88$10,879,658$0$0$3,757,800
89$11,863,820$0$0$4,102,373
90$12,944,411$0$0$4,480,872
91$14,131,143$0$0$4,896,720
92$15,434,713$0$0$5,353,687
93$16,866,906$0$0$5,855,925
94$18,440,706$0$0$6,408,011
95$20,170,414$0$0$7,014,986
96$22,071,789$0$0$7,682,402
97$24,162,189$0$0$8,416,380
98$26,460,741$0$0$9,223,660
99$28,988,517$0$0$10,111,670
100$31,768,732$0$0$11,088,593