Can I retire at age 45 with 604,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $604,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$49,878$49,433$49,000$48,577$48,164$46,961
2 years$24,692$24,232$23,786$23,354$22,935$21,731
3 years$16,298$15,836$15,391$14,963$14,551$13,383
4 years$12,102$11,641$11,201$10,780$10,378$9,256
5 years$9,584$9,127$8,692$8,280$7,889$6,815
6 years$7,907$7,453$7,025$6,622$6,242$5,218
7 years$6,709$6,259$5,838$5,444$5,077$4,102
8 years$5,811$5,365$4,951$4,567$4,212$3,286
9 years$5,113$4,671$4,264$3,890$3,547$2,669
10 years$4,555$4,117$3,718$3,353$3,022$2,192
11 years$4,099$3,665$3,273$2,918$2,599$1,815
12 years$3,719$3,290$2,905$2,560$2,252$1,513
13 years$3,398$2,973$2,595$2,260$1,964$1,268
14 years$3,122$2,702$2,332$2,006$1,722$1,067
15 years$2,884$2,469$2,105$1,789$1,516$902
16 years$2,676$2,265$1,909$1,602$1,340$764
17 years$2,492$2,086$1,737$1,439$1,188$649
18 years$2,329$1,928$1,585$1,297$1,056$552
19 years$2,184$1,786$1,451$1,172$941$471
20 years$2,053$1,660$1,332$1,062$841$402
21 years$1,934$1,546$1,225$963$753$344
22 years$1,827$1,443$1,129$876$675$294
23 years$1,729$1,350$1,043$798$606$252
24 years$1,640$1,265$964$728$544$216
25 years$1,557$1,187$893$664$490$185
26 years$1,481$1,116$828$608$441$159
27 years$1,411$1,050$769$556$398$137
28 years$1,346$989$715$510$359$117
29 years$1,286$933$665$467$324$101
30 years$1,229$881$620$429$293$87
31 years$1,177$833$578$394$265$75
32 years$1,128$788$539$362$239$64
33 years$1,082$747$503$333$217$55
34 years$1,038$708$470$306$196$48
35 years$998$671$440$282$178$41
36 years$959$637$411$260$161$35
37 years$923$605$385$239$146$30
38 years$889$575$361$220$132$26
39 years$856$547$338$203$120$22
40 years$826$520$317$188$109$19
41 years$797$495$297$173$99$17
42 years$769$472$278$160$90$14
43 years$743$449$261$147$81$12
44 years$718$428$245$136$74$11
45 years$694$408$230$126$67$9
46 years$671$390$216$116$61$8
47 years$649$372$203$107$55$7
48 years$629$355$191$99$50$6
49 years$609$339$180$92$46$5
50 years$590$324$169$85$41$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $604,000, adding $3,024 every year, while hoping to spend $21,641 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: 56/21/23 Blend
44$604,000$604,000$604,000$604,000
45$668,727$636,715$627,353$701,838
46$713,912$644,888$625,344$733,009
47$762,979$652,737$622,542$764,407
48$816,304$660,222$618,897$798,153
49$874,296$667,301$614,359$834,480
50$937,407$673,932$608,873$873,643
51$1,006,134$680,067$602,382$915,926
52$1,081,025$685,655$594,827$961,642
53$1,162,680$690,643$586,145$1,011,134
54$1,251,764$694,974$576,271$1,064,783
55$1,349,004$698,588$565,136$1,123,012
56$1,455,204$701,421$552,670$1,186,282
57$1,571,247$703,403$538,797$1,255,108
58$1,698,107$704,462$523,439$1,330,055
59$1,836,854$704,521$506,514$1,411,747
60$1,988,667$703,497$487,937$1,500,875
61$2,154,846$701,303$467,617$1,598,198
62$2,336,820$697,846$445,462$1,704,557
63$2,536,165$693,029$421,374$1,820,878
64$2,754,613$686,747$395,249$1,948,186
65$2,994,076$678,890$366,982$2,087,608
66$3,256,656$669,340$336,461$2,240,391
67$3,544,671$657,974$303,568$2,407,909
68$3,860,672$644,659$268,182$2,591,680
69$4,207,470$629,257$230,176$2,793,377
70$4,588,161$611,620$189,416$3,014,846
71$5,006,157$591,592$145,765$3,258,126
72$5,465,212$569,008$99,075$3,525,463
73$5,969,467$543,693$49,198$3,819,338
74$6,523,481$515,461$0$4,142,486
75$7,132,275$484,118$0$4,498,913
76$7,801,383$449,456$0$4,903,907
77$8,536,901$411,256$0$5,349,096
78$9,345,545$369,288$0$5,838,573
79$10,234,714$323,306$0$6,376,849
80$11,212,559$273,053$0$6,968,899
81$12,288,063$218,255$0$7,620,204
82$13,471,121$158,625$0$8,336,808
83$14,772,635$93,858$0$9,125,370
84$16,204,619$23,632$0$9,993,235
85$17,780,308$0$0$10,948,493
86$19,514,286$0$0$12,012,174
87$21,422,623$0$0$13,188,886
88$23,523,022$0$0$14,484,095
89$25,834,994$0$0$15,909,837
90$28,380,035$0$0$17,479,379
91$31,181,831$0$0$19,207,336
92$34,266,482$0$0$21,109,815
93$37,662,747$0$0$23,204,561
94$41,402,314$0$0$25,511,130
95$45,520,104$0$0$28,051,070
96$50,054,592$0$0$30,848,124
97$55,048,179$0$0$33,928,457
98$60,547,584$0$0$37,320,899
99$66,604,290$0$0$41,057,220
100$73,275,027$0$0$45,172,429