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%15.2%
1 years$50,373$49,925$49,487$49,059$48,642$47,602
2 years$24,937$24,473$24,023$23,586$23,163$22,120
3 years$16,460$15,993$15,544$15,112$14,696$13,682
4 years$12,222$11,757$11,312$10,887$10,481$9,505
5 years$9,680$9,217$8,779$8,363$7,967$7,032
6 years$7,985$7,527$7,095$6,688$6,304$5,410
7 years$6,776$6,321$5,896$5,498$5,127$4,275
8 years$5,869$5,418$5,000$4,612$4,253$3,442
9 years$5,164$4,718$4,306$3,929$3,582$2,812
10 years$4,600$4,158$3,754$3,387$3,052$2,322
11 years$4,140$3,702$3,305$2,947$2,625$1,933
12 years$3,756$3,323$2,933$2,585$2,275$1,621
13 years$3,431$3,003$2,621$2,282$1,984$1,367
14 years$3,153$2,729$2,355$2,026$1,739$1,158
15 years$2,913$2,493$2,126$1,807$1,531$984
16 years$2,703$2,288$1,928$1,618$1,353$839
17 years$2,517$2,107$1,754$1,454$1,200$718
18 years$2,353$1,947$1,601$1,310$1,067$615
19 years$2,205$1,804$1,466$1,184$951$528
20 years$2,073$1,677$1,345$1,072$849$454
21 years$1,954$1,562$1,237$973$760$391
22 years$1,845$1,458$1,140$885$681$337
23 years$1,746$1,363$1,053$806$612$291
24 years$1,656$1,277$974$735$550$251
25 years$1,573$1,199$902$671$495$217
26 years$1,496$1,127$837$614$446$187
27 years$1,425$1,060$777$562$402$162
28 years$1,360$999$722$515$362$140
29 years$1,299$943$672$472$327$122
30 years$1,242$890$626$433$296$105
31 years$1,189$841$584$398$267$91
32 years$1,139$796$544$366$242$79
33 years$1,092$754$508$336$219$68
34 years$1,049$715$475$309$198$59
35 years$1,008$678$444$285$179$51
36 years$969$643$415$262$163$45
37 years$932$611$389$242$147$39
38 years$898$581$364$223$134$34
39 years$865$552$341$205$121$29
40 years$834$525$320$189$110$25
41 years$805$500$300$175$100$22
42 years$777$476$281$161$90$19
43 years$750$454$264$149$82$17
44 years$725$433$248$137$75$14
45 years$701$412$233$127$68$12
46 years$678$394$218$117$61$11
47 years$656$376$205$108$56$9
48 years$635$358$193$100$51$8
49 years$615$342$181$93$46$7
50 years$596$327$170$86$42$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $610,000, adding $3,666 every year, while hoping to spend $25,153 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: 26/48/26 Blend
44$610,000$610,000$610,000$610,000
45$676,001$643,671$634,216$687,988
46$718,191$648,449$628,700$702,793
47$763,841$652,617$622,156$716,263
48$813,277$656,120$614,523$730,191
49$866,860$658,898$605,737$744,634
50$924,982$660,887$595,732$759,655
51$988,078$662,018$584,437$775,324
52$1,056,626$662,221$571,780$791,723
53$1,131,150$661,418$557,683$808,943
54$1,212,229$659,529$542,066$827,087
55$1,300,496$656,466$524,846$846,272
56$1,396,653$652,139$505,934$866,628
57$1,501,468$646,450$485,240$888,302
58$1,615,789$639,297$462,666$911,459
59$1,740,547$630,570$438,113$936,285
60$1,876,769$620,154$411,476$962,987
61$2,025,584$607,926$382,645$991,797
62$2,188,235$593,757$351,506$1,022,977
63$2,366,093$577,508$317,938$1,056,817
64$2,560,664$559,036$281,819$1,093,642
65$2,773,607$538,184$243,016$1,133,816
66$3,006,752$514,792$201,393$1,177,742
67$3,262,109$488,685$156,808$1,225,874
68$3,541,896$459,682$109,113$1,278,714
69$3,848,553$427,591$58,152$1,336,823
70$4,184,769$392,206$3,764$1,400,825
71$4,553,504$353,313$0$1,471,415
72$4,958,020$310,684$0$1,564,422
73$5,401,909$264,078$0$1,667,742
74$5,889,126$213,240$0$1,781,332
75$6,424,030$157,903$0$1,906,308
76$7,011,423$97,781$0$2,043,900
77$7,656,592$32,576$0$2,195,473
78$8,365,363$0$0$2,362,536
79$9,144,154$0$0$2,566,846
80$10,000,037$0$0$2,810,400
81$10,940,799$0$0$3,078,221
82$11,975,024$0$0$3,372,766
83$13,112,164$0$0$3,696,742
84$14,362,637$0$0$4,053,133
85$15,737,918$0$0$4,445,224
86$17,250,653$0$0$4,876,636
87$18,914,771$0$0$5,351,360
88$20,745,623$0$0$5,873,791
89$22,760,121$0$0$6,448,772
90$24,976,898$0$0$7,081,640
91$27,416,487$0$0$7,778,277
92$30,101,510$0$0$8,545,161
93$33,056,895$0$0$9,389,433
94$36,310,108$0$0$10,318,960
95$39,891,412$0$0$11,342,410
96$43,834,156$0$0$12,469,336
97$48,175,086$0$0$13,710,263
98$52,954,690$0$0$15,076,790
99$58,217,585$0$0$16,581,697
100$64,012,933$0$0$18,239,068