Can I retire at age 45 with 613,000?

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 $613,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$50,621$50,170$49,730$49,301$48,881$47,546
2 years$25,060$24,593$24,141$23,702$23,277$21,941
3 years$16,541$16,072$15,621$15,186$14,768$13,473
4 years$12,282$11,815$11,368$10,941$10,533$9,289
5 years$9,727$9,263$8,822$8,404$8,007$6,819
6 years$8,025$7,564$7,129$6,720$6,335$5,203
7 years$6,809$6,352$5,925$5,525$5,152$4,076
8 years$5,898$5,445$5,025$4,635$4,274$3,254
9 years$5,189$4,741$4,328$3,948$3,600$2,634
10 years$4,623$4,179$3,773$3,403$3,067$2,155
11 years$4,160$3,720$3,322$2,962$2,638$1,777
12 years$3,774$3,339$2,948$2,598$2,286$1,476
13 years$3,448$3,017$2,634$2,294$1,993$1,232
14 years$3,169$2,743$2,366$2,036$1,747$1,033
15 years$2,927$2,506$2,137$1,816$1,538$869
16 years$2,716$2,299$1,937$1,626$1,360$733
17 years$2,530$2,117$1,763$1,461$1,206$620
18 years$2,364$1,956$1,609$1,316$1,072$525
19 years$2,216$1,813$1,473$1,190$955$446
20 years$2,083$1,685$1,352$1,077$853$379
21 years$1,963$1,569$1,243$978$764$323
22 years$1,854$1,465$1,146$889$685$275
23 years$1,755$1,370$1,058$810$615$234
24 years$1,664$1,284$979$738$552$200
25 years$1,580$1,205$906$674$497$171
26 years$1,503$1,132$841$617$448$146
27 years$1,432$1,066$781$564$404$125
28 years$1,366$1,004$726$517$364$107
29 years$1,305$947$675$474$329$91
30 years$1,248$895$629$435$297$78
31 years$1,194$846$586$400$269$67
32 years$1,145$800$547$367$243$57
33 years$1,098$758$511$338$220$49
34 years$1,054$718$477$311$199$42
35 years$1,013$681$446$286$180$36
36 years$974$647$417$263$163$31
37 years$937$614$391$243$148$26
38 years$902$584$366$224$134$23
39 years$869$555$343$206$122$19
40 years$838$528$321$190$110$17
41 years$809$503$301$176$100$14
42 years$780$479$283$162$91$12
43 years$754$456$265$150$83$10
44 years$728$435$249$138$75$9
45 years$704$415$234$128$68$8
46 years$681$395$220$118$62$7
47 years$659$377$206$109$56$6
48 years$638$360$194$101$51$5
49 years$618$344$182$93$46$4
50 years$599$329$171$86$42$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $613,000, adding $4,541 every year, while hoping to spend $23,725 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: 39/46/15 Blend
44$613,000$613,000$613,000$613,000
45$680,210$647,721$638,220$703,517
46$724,348$654,216$634,357$727,037
47$772,193$660,234$629,569$749,815
48$824,099$665,727$623,801$773,935
49$880,452$670,643$616,994$799,528
50$941,681$674,927$609,086$826,743
51$1,008,255$678,521$600,013$855,744
52$1,080,691$681,363$589,707$886,711
53$1,159,557$683,386$578,098$919,847
54$1,245,480$684,520$565,113$955,376
55$1,339,148$684,691$550,673$993,545
56$1,441,319$683,818$534,699$1,034,630
57$1,552,828$681,819$517,105$1,078,935
58$1,674,591$678,603$497,803$1,126,797
59$1,807,621$674,076$476,701$1,178,593
60$1,953,030$668,138$453,702$1,234,736
61$2,112,043$660,680$428,705$1,295,685
62$2,286,009$651,591$401,604$1,361,951
63$2,476,414$640,751$372,290$1,434,096
64$2,684,892$628,032$340,646$1,512,743
65$2,913,246$613,301$306,553$1,598,585
66$3,163,459$596,414$269,884$1,692,385
67$3,437,714$577,221$230,508$1,794,988
68$3,738,419$555,563$188,287$1,907,332
69$4,068,222$531,270$143,080$2,030,450
70$4,430,043$504,164$94,735$2,165,488
71$4,827,095$474,056$43,096$2,313,713
72$5,262,921$440,747$0$2,476,523
73$5,741,419$404,024$0$2,657,391
74$6,266,887$363,664$0$2,863,591
75$6,844,058$319,432$0$3,090,137
76$7,478,146$271,078$0$3,339,152
77$8,174,894$218,339$0$3,612,975
78$8,940,632$160,935$0$3,914,191
79$9,782,329$98,574$0$4,245,656
80$10,707,666$30,944$0$4,610,519
81$11,725,106$0$0$5,012,260
82$12,843,969$0$0$5,476,119
83$14,074,529$0$0$6,003,604
84$15,428,100$0$0$6,583,913
85$16,917,152$0$0$7,222,405
86$18,555,422$0$0$7,924,980
87$20,358,046$0$0$8,698,144
88$22,341,701$0$0$9,549,063
89$24,524,764$0$0$10,485,632
90$26,927,482$0$0$11,516,551
91$29,572,166$0$0$12,651,408
92$32,483,396$0$0$13,900,766
93$35,688,260$0$0$15,276,264
94$39,216,604$0$0$16,790,728
95$43,101,316$0$0$18,458,291
96$47,378,634$0$0$20,294,524
97$52,088,489$0$0$22,316,588
98$57,274,883$0$0$24,543,391
99$62,986,300$0$0$26,995,769
100$69,276,166$0$0$29,696,682