Can I retire at age 45 with 555,000?

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 $555,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$45,831$45,423$45,025$44,636$44,256$42,517
2 years$22,689$22,266$21,857$21,460$21,075$19,344
3 years$14,976$14,551$14,143$13,749$13,371$11,702
4 years$11,120$10,697$10,292$9,906$9,536$7,943
5 years$8,807$8,386$7,987$7,609$7,249$5,736
6 years$7,265$6,848$6,455$6,085$5,736$4,303
7 years$6,165$5,751$5,364$5,002$4,665$3,312
8 years$5,340$4,930$4,549$4,196$3,870$2,596
9 years$4,698$4,292$3,918$3,574$3,259$2,062
10 years$4,186$3,783$3,416$3,081$2,777$1,654
11 years$3,766$3,368$3,007$2,682$2,388$1,337
12 years$3,417$3,023$2,669$2,352$2,070$1,088
13 years$3,122$2,732$2,385$2,077$1,805$889
14 years$2,869$2,483$2,143$1,843$1,582$729
15 years$2,650$2,268$1,934$1,644$1,393$600
16 years$2,459$2,081$1,754$1,472$1,231$495
17 years$2,290$1,917$1,596$1,323$1,092$409
18 years$2,140$1,771$1,457$1,192$971$339
19 years$2,007$1,642$1,334$1,077$865$281
20 years$1,886$1,525$1,224$975$773$233
21 years$1,778$1,421$1,126$885$691$194
22 years$1,679$1,326$1,038$805$620$161
23 years$1,589$1,240$958$733$556$134
24 years$1,507$1,162$886$669$500$112
25 years$1,431$1,091$821$611$450$93
26 years$1,361$1,025$761$558$405$78
27 years$1,297$965$707$511$365$65
28 years$1,237$909$657$468$330$54
29 years$1,181$858$611$429$298$45
30 years$1,130$810$570$394$269$37
31 years$1,081$766$531$362$243$31
32 years$1,036$724$495$333$220$26
33 years$994$686$463$306$199$22
34 years$954$650$432$281$180$18
35 years$917$617$404$259$163$15
36 years$881$585$378$239$148$13
37 years$848$556$354$220$134$11
38 years$817$528$331$203$122$9
39 years$787$502$310$187$110$7
40 years$759$478$291$172$100$6
41 years$732$455$273$159$91$5
42 years$707$433$256$147$82$4
43 years$682$413$240$135$75$4
44 years$659$394$225$125$68$3
45 years$637$375$212$115$62$2
46 years$617$358$199$107$56$2
47 years$597$342$187$99$51$2
48 years$578$326$175$91$46$1
49 years$559$311$165$84$42$1
50 years$542$298$155$78$38$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $555,000, adding $4,055 every year, while hoping to spend $27,749 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: 46/48/6 Blend
44$555,000$555,000$555,000$555,000
45$615,793$586,378$577,775$642,935
46$649,079$585,586$567,606$661,221
47$684,830$583,824$556,166$677,816
48$723,269$581,018$543,384$695,165
49$764,639$577,084$529,183$713,346
50$809,207$571,937$513,487$732,448
51$857,269$565,485$496,211$752,568
52$909,148$557,630$477,271$773,815
53$965,197$548,270$456,576$796,313
54$1,025,808$537,297$434,032$820,198
55$1,091,410$524,593$409,542$845,624
56$1,162,473$510,038$383,001$872,762
57$1,239,517$493,501$354,303$901,803
58$1,323,111$474,846$323,335$932,959
59$1,413,882$453,927$289,981$966,470
60$1,512,520$430,592$254,117$1,002,598
61$1,619,783$404,677$215,616$1,041,640
62$1,736,507$376,012$174,345$1,083,924
63$1,863,608$344,414$130,163$1,129,815
64$2,002,098$309,692$82,926$1,179,720
65$2,153,089$271,644$32,481$1,234,092
66$2,317,804$230,055$0$1,293,433
67$2,497,591$184,699$0$1,359,670
68$2,693,933$135,336$0$1,434,362
69$2,908,461$81,714$0$1,516,131
70$3,142,973$23,568$0$1,605,751
71$3,399,447$0$0$1,704,085
72$3,680,063$0$0$1,832,891
73$3,987,218$0$0$1,987,567
74$4,323,555$0$0$2,157,003
75$4,691,981$0$0$2,342,673
76$5,095,701$0$0$2,546,200
77$5,538,242$0$0$2,769,370
78$6,023,490$0$0$3,014,152
79$6,555,724$0$0$3,282,715
80$7,139,658$0$0$3,577,447
81$7,780,484$0$0$3,900,978
82$8,483,920$0$0$4,256,206
83$9,256,266$0$0$4,646,323
84$10,104,461$0$0$5,074,846
85$11,036,150$0$0$5,545,647
86$12,059,754$0$0$6,062,995
87$13,184,550$0$0$6,631,591
88$14,420,758$0$0$7,256,614
89$15,779,638$0$0$7,943,771
90$17,273,595$0$0$8,699,347
91$18,916,295$0$0$9,530,270
92$20,722,795$0$0$10,444,169
93$22,709,685$0$0$11,449,453
94$24,895,242$0$0$12,555,386
95$27,299,605$0$0$13,772,174
96$29,944,962$0$0$15,111,062
97$32,855,761$0$0$16,584,442
98$36,058,938$0$0$18,205,966
99$39,584,173$0$0$19,990,678
100$43,464,171$0$0$21,955,154