Can I retire at age 45 with 552,000?

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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$45,584$45,178$44,781$44,395$44,017$43,685
2 years$22,566$22,146$21,739$21,344$20,961$20,626
3 years$14,895$14,473$14,066$13,675$13,298$12,971
4 years$11,060$10,639$10,237$9,852$9,484$9,167
5 years$8,759$8,341$7,944$7,567$7,210$6,904
6 years$7,226$6,811$6,420$6,052$5,705$5,410
7 years$6,132$5,720$5,335$4,975$4,640$4,357
8 years$5,311$4,903$4,525$4,174$3,849$3,578
9 years$4,673$4,269$3,897$3,555$3,241$2,982
10 years$4,163$3,763$3,397$3,065$2,762$2,514
11 years$3,746$3,350$2,991$2,667$2,375$2,138
12 years$3,399$3,007$2,655$2,339$2,058$1,832
13 years$3,105$2,717$2,372$2,065$1,795$1,580
14 years$2,854$2,470$2,131$1,833$1,573$1,369
15 years$2,636$2,256$1,924$1,635$1,385$1,191
16 years$2,446$2,070$1,744$1,464$1,224$1,040
17 years$2,278$1,906$1,587$1,315$1,086$911
18 years$2,129$1,762$1,449$1,185$965$800
19 years$1,996$1,633$1,326$1,071$860$704
20 years$1,876$1,517$1,217$970$769$620
21 years$1,768$1,413$1,120$880$688$548
22 years$1,670$1,319$1,032$801$616$485
23 years$1,580$1,234$953$729$553$429
24 years$1,498$1,156$881$665$497$381
25 years$1,423$1,085$816$607$448$338
26 years$1,354$1,020$757$555$403$300
27 years$1,290$960$703$508$363$267
28 years$1,230$904$653$466$328$237
29 years$1,175$853$608$427$296$211
30 years$1,124$806$566$392$268$188
31 years$1,076$761$528$360$242$168
32 years$1,031$721$493$331$219$149
33 years$989$682$460$304$198$133
34 years$949$647$430$280$179$119
35 years$912$613$402$258$162$106
36 years$877$582$376$237$147$95
37 years$844$553$352$219$133$85
38 years$812$526$330$202$121$75
39 years$783$500$309$186$110$67
40 years$755$475$289$171$99$60
41 years$728$453$271$158$90$54
42 years$703$431$255$146$82$48
43 years$679$411$239$135$74$43
44 years$656$391$224$124$67$38
45 years$634$373$210$115$61$34
46 years$613$356$198$106$56$31
47 years$593$340$186$98$50$27
48 years$574$324$175$91$46$24
49 years$556$310$164$84$42$22
50 years$539$296$154$77$38$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $552,000, adding $5,835 every year, while hoping to spend $38,310 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: 65/14/21 Blend
44$552,000$552,000$552,000$552,000
45$614,323$585,067$576,511$650,603
46$636,222$572,974$555,062$663,610
47$659,071$559,004$531,611$672,938
48$682,927$543,025$506,050$682,238
49$707,849$524,897$478,267$691,507
50$733,904$504,472$448,144$700,746
51$761,164$481,592$415,558$709,956
52$789,704$456,092$380,381$719,140
53$819,609$427,795$342,478$728,303
54$850,969$396,517$301,711$737,453
55$883,882$362,061$257,933$746,599
56$918,455$324,219$210,991$755,754
57$954,803$282,771$160,725$764,934
58$993,053$237,487$106,969$774,160
59$1,033,342$188,121$49,550$783,456
60$1,075,818$134,414$0$792,852
61$1,120,645$76,094$0$805,011
62$1,168,000$12,872$0$829,367
63$1,218,076$0$0$854,898
64$1,271,084$0$0$890,268
65$1,327,255$0$0$929,866
66$1,386,841$0$0$971,891
67$1,450,117$0$0$1,016,539
68$1,517,384$0$0$1,064,024
69$1,588,973$0$0$1,114,582
70$1,665,243$0$0$1,168,471
71$1,746,590$0$0$1,225,973
72$1,833,447$0$0$1,287,397
73$1,926,287$0$0$1,353,083
74$2,025,630$0$0$1,423,401
75$2,132,047$0$0$1,498,759
76$2,246,161$0$0$1,579,604
77$2,368,660$0$0$1,666,426
78$2,500,295$0$0$1,759,764
79$2,641,894$0$0$1,860,208
80$2,794,362$0$0$1,968,407
81$2,958,696$0$0$2,085,074
82$3,135,990$0$0$2,210,991
83$3,327,448$0$0$2,347,020
84$3,534,388$0$0$2,494,104
85$3,758,264$0$0$2,653,282
86$4,000,672$0$0$2,825,698
87$4,263,366$0$0$3,012,606
88$4,548,275$0$0$3,215,387
89$4,857,521$0$0$3,435,560
90$5,193,438$0$0$3,674,796
91$5,558,593$0$0$3,934,930
92$5,955,810$0$0$4,217,986
93$6,388,195$0$0$4,526,186
94$6,859,168$0$0$4,861,979
95$7,372,490$0$0$5,228,057
96$7,932,302$0$0$5,627,386
97$8,543,161$0$0$6,063,227
98$9,210,084$0$0$6,539,172
99$9,938,591$0$0$7,059,175
100$10,734,762$0$0$7,627,587