Can I retire at age 45 with 610,000?

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 $610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$50,373$49,925$49,487$49,059$48,642$48,356
2 years$24,937$24,473$24,023$23,586$23,163$22,874
3 years$16,460$15,993$15,544$15,112$14,696$14,413
4 years$12,222$11,757$11,312$10,887$10,481$10,207
5 years$9,680$9,217$8,779$8,363$7,967$7,703
6 years$7,985$7,527$7,095$6,688$6,304$6,050
7 years$6,776$6,321$5,896$5,498$5,127$4,882
8 years$5,869$5,418$5,000$4,612$4,253$4,018
9 years$5,164$4,718$4,306$3,929$3,582$3,357
10 years$4,600$4,158$3,754$3,387$3,052$2,837
11 years$4,140$3,702$3,305$2,947$2,625$2,419
12 years$3,756$3,323$2,933$2,585$2,275$2,078
13 years$3,431$3,003$2,621$2,282$1,984$1,796
14 years$3,153$2,729$2,355$2,026$1,739$1,560
15 years$2,913$2,493$2,126$1,807$1,531$1,361
16 years$2,703$2,288$1,928$1,618$1,353$1,192
17 years$2,517$2,107$1,754$1,454$1,200$1,047
18 years$2,353$1,947$1,601$1,310$1,067$922
19 years$2,205$1,804$1,466$1,184$951$813
20 years$2,073$1,677$1,345$1,072$849$719
21 years$1,954$1,562$1,237$973$760$637
22 years$1,845$1,458$1,140$885$681$565
23 years$1,746$1,363$1,053$806$612$502
24 years$1,656$1,277$974$735$550$447
25 years$1,573$1,199$902$671$495$398
26 years$1,496$1,127$837$614$446$354
27 years$1,425$1,060$777$562$402$316
28 years$1,360$999$722$515$362$282
29 years$1,299$943$672$472$327$252
30 years$1,242$890$626$433$296$225
31 years$1,189$841$584$398$267$201
32 years$1,139$796$544$366$242$180
33 years$1,092$754$508$336$219$161
34 years$1,049$715$475$309$198$144
35 years$1,008$678$444$285$179$129
36 years$969$643$415$262$163$115
37 years$932$611$389$242$147$103
38 years$898$581$364$223$134$93
39 years$865$552$341$205$121$83
40 years$834$525$320$189$110$74
41 years$805$500$300$175$100$67
42 years$777$476$281$161$90$60
43 years$750$454$264$149$82$54
44 years$725$433$248$137$75$48
45 years$701$412$233$127$68$43
46 years$678$394$218$117$61$39
47 years$656$376$205$108$56$35
48 years$635$358$193$100$51$31
49 years$615$342$181$93$46$28
50 years$596$327$170$86$42$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $610,000, adding $5,161 every year, while hoping to spend $20,784 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: 46/49/5 Blend
44$610,000$610,000$610,000$610,000
45$677,544$645,214$635,759$707,573
46$724,539$654,715$634,942$738,230
47$775,631$663,985$633,402$768,865
48$831,217$672,992$631,092$801,605
49$891,730$681,698$627,964$836,648
50$957,652$690,066$623,966$874,215
51$1,029,509$698,056$619,045$914,551
52$1,107,882$705,624$613,146$957,924
53$1,193,410$712,724$606,211$1,004,631
54$1,286,797$719,306$598,177$1,055,002
55$1,388,816$725,317$588,982$1,109,397
56$1,500,320$730,703$578,558$1,168,217
57$1,622,248$735,403$566,835$1,231,904
58$1,755,632$739,353$553,739$1,300,944
59$1,901,611$742,485$539,194$1,375,876
60$2,061,438$744,729$523,119$1,457,293
61$2,236,491$746,008$505,430$1,545,852
62$2,428,291$746,240$486,039$1,642,277
63$2,638,510$745,339$464,855$1,747,367
64$2,868,991$743,214$441,781$1,862,003
65$3,121,764$739,767$416,716$1,987,160
66$3,399,064$734,895$389,557$2,123,913
67$3,703,354$728,490$360,191$2,273,448
68$4,037,344$720,435$328,507$2,437,073
69$4,404,024$710,607$294,382$2,616,236
70$4,806,683$698,876$257,693$2,812,529
71$5,248,948$685,103$218,308$3,027,714
72$5,734,811$669,143$176,092$3,263,732
73$6,268,671$650,841$130,901$3,522,727
74$6,855,376$630,033$82,586$3,807,064
75$7,500,265$606,545$30,993$4,119,353
76$8,209,220$580,194$0$4,462,472
77$8,988,723$550,785$0$4,840,883
78$9,845,912$518,114$0$5,258,654
79$10,788,656$481,962$0$5,718,007
80$11,825,621$442,100$0$6,223,217
81$12,966,357$398,286$0$6,778,999
82$14,221,386$350,262$0$7,390,557
83$15,602,300$297,758$0$8,063,627
84$17,121,873$240,486$0$8,804,536
85$18,794,178$178,144$0$9,620,264
86$20,634,724$110,413$0$10,518,508
87$22,660,597$36,954$0$11,507,755
88$24,890,624$0$0$12,597,367
89$27,345,552$0$0$13,820,630
90$30,048,239$0$0$15,189,373
91$33,023,874$0$0$16,696,437
92$36,300,210$0$0$18,355,891
93$39,907,832$0$0$20,183,236
94$43,880,439$0$0$22,195,554
95$48,255,165$0$0$24,411,668
96$53,072,929$0$0$26,852,319
97$58,378,821$0$0$29,540,363
98$64,222,526$0$0$32,500,983
99$70,658,794$0$0$35,761,933
100$77,747,957$0$0$39,353,794