Can I retire at age 45 with 610,000?

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 $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%14%
1 years$50,373$49,925$49,487$49,059$48,642$47,836
2 years$24,937$24,473$24,023$23,586$23,163$22,353
3 years$16,460$15,993$15,544$15,112$14,696$13,908
4 years$12,222$11,757$11,312$10,887$10,481$9,721
5 years$9,680$9,217$8,779$8,363$7,967$7,237
6 years$7,985$7,527$7,095$6,688$6,304$5,604
7 years$6,776$6,321$5,896$5,498$5,127$4,458
8 years$5,869$5,418$5,000$4,612$4,253$3,615
9 years$5,164$4,718$4,306$3,929$3,582$2,974
10 years$4,600$4,158$3,754$3,387$3,052$2,474
11 years$4,140$3,702$3,305$2,947$2,625$2,076
12 years$3,756$3,323$2,933$2,585$2,275$1,754
13 years$3,431$3,003$2,621$2,282$1,984$1,491
14 years$3,153$2,729$2,355$2,026$1,739$1,273
15 years$2,913$2,493$2,126$1,807$1,531$1,091
16 years$2,703$2,288$1,928$1,618$1,353$938
17 years$2,517$2,107$1,754$1,454$1,200$809
18 years$2,353$1,947$1,601$1,310$1,067$699
19 years$2,205$1,804$1,466$1,184$951$606
20 years$2,073$1,677$1,345$1,072$849$526
21 years$1,954$1,562$1,237$973$760$457
22 years$1,845$1,458$1,140$885$681$397
23 years$1,746$1,363$1,053$806$612$346
24 years$1,656$1,277$974$735$550$302
25 years$1,573$1,199$902$671$495$263
26 years$1,496$1,127$837$614$446$230
27 years$1,425$1,060$777$562$402$201
28 years$1,360$999$722$515$362$175
29 years$1,299$943$672$472$327$153
30 years$1,242$890$626$433$296$134
31 years$1,189$841$584$398$267$117
32 years$1,139$796$544$366$242$103
33 years$1,092$754$508$336$219$90
34 years$1,049$715$475$309$198$79
35 years$1,008$678$444$285$179$69
36 years$969$643$415$262$163$60
37 years$932$611$389$242$147$53
38 years$898$581$364$223$134$46
39 years$865$552$341$205$121$41
40 years$834$525$320$189$110$36
41 years$805$500$300$175$100$31
42 years$777$476$281$161$90$27
43 years$750$454$264$149$82$24
44 years$725$433$248$137$75$21
45 years$701$412$233$127$68$18
46 years$678$394$218$117$61$16
47 years$656$376$205$108$56$14
48 years$635$358$193$100$51$12
49 years$615$342$181$93$46$11
50 years$596$327$170$86$42$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $610,000, adding $4,862 every year, while hoping to spend $27,382 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: 84/6/10 Blend
44$610,000$610,000$610,000$610,000
45$677,235$644,905$635,450$732,706
46$717,179$647,371$627,603$772,166
47$760,279$649,040$618,576$811,320
48$806,829$649,845$608,300$853,486
49$857,151$649,712$596,703$898,950
50$911,598$648,566$583,710$948,028
51$970,559$646,324$569,243$1,001,067
52$1,034,464$642,901$553,220$1,058,449
53$1,103,781$638,205$535,555$1,120,595
54$1,179,028$632,139$516,157$1,187,968
55$1,260,774$624,599$494,934$1,261,079
56$1,349,645$615,476$471,786$1,340,490
57$1,446,329$604,655$446,612$1,426,821
58$1,551,584$592,013$419,303$1,520,755
59$1,666,244$577,420$389,748$1,623,042
60$1,791,226$560,738$357,829$1,734,513
61$1,927,539$541,823$323,424$1,856,079
62$2,076,295$520,519$286,406$1,988,747
63$2,238,717$496,664$246,640$2,133,625
64$2,416,150$470,085$203,987$2,291,934
65$2,610,078$440,599$158,301$2,465,019
66$2,822,132$408,015$109,431$2,654,364
67$3,054,110$372,128$57,216$2,861,603
68$3,307,989$332,722$1,493$3,088,536
69$3,585,947$289,569$0$3,337,148
70$3,890,385$242,429$0$3,615,812
71$4,223,944$191,047$0$3,921,325
72$4,589,532$135,155$0$4,256,202
73$4,990,356$74,469$0$4,623,394
74$5,429,943$8,688$0$5,026,146
75$5,912,181$0$0$5,468,039
76$6,441,351$0$0$5,957,140
77$7,022,170$0$0$6,494,619
78$7,659,832$0$0$7,084,712
79$8,360,059$0$0$7,732,714
80$9,129,156$0$0$8,444,462
81$9,974,067$0$0$9,226,383
82$10,902,441$0$0$10,085,559
83$11,922,706$0$0$11,029,789
84$13,044,148$0$0$12,067,670
85$14,276,994$0$0$13,208,670
86$15,632,514$0$0$14,463,219
87$17,123,124$0$0$15,842,811
88$18,762,503$0$0$17,360,108
89$20,565,723$0$0$19,029,062
90$22,549,388$0$0$20,865,042
91$24,731,796$0$0$22,884,986
92$27,133,103$0$0$25,107,553
93$29,775,522$0$0$27,553,303
94$32,683,525$0$0$30,244,891
95$35,884,078$0$0$33,207,276
96$39,406,892$0$0$36,467,963
97$43,284,707$0$0$40,057,257
98$47,553,595$0$0$44,008,550
99$52,253,306$0$0$48,358,637
100$57,427,640$0$0$53,148,060