Can I retire at age 45 with 613,000?

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 $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%15.8%
1 years$50,621$50,170$49,730$49,301$48,881$47,719
2 years$25,060$24,593$24,141$23,702$23,277$22,113
3 years$16,541$16,072$15,621$15,186$14,768$13,638
4 years$12,282$11,815$11,368$10,941$10,533$9,446
5 years$9,727$9,263$8,822$8,404$8,007$6,966
6 years$8,025$7,564$7,129$6,720$6,335$5,342
7 years$6,809$6,352$5,925$5,525$5,152$4,207
8 years$5,898$5,445$5,025$4,635$4,274$3,376
9 years$5,189$4,741$4,328$3,948$3,600$2,747
10 years$4,623$4,179$3,773$3,403$3,067$2,260
11 years$4,160$3,720$3,322$2,962$2,638$1,875
12 years$3,774$3,339$2,948$2,598$2,286$1,566
13 years$3,448$3,017$2,634$2,294$1,993$1,315
14 years$3,169$2,743$2,366$2,036$1,747$1,109
15 years$2,927$2,506$2,137$1,816$1,538$939
16 years$2,716$2,299$1,937$1,626$1,360$797
17 years$2,530$2,117$1,763$1,461$1,206$679
18 years$2,364$1,956$1,609$1,316$1,072$579
19 years$2,216$1,813$1,473$1,190$955$495
20 years$2,083$1,685$1,352$1,077$853$424
21 years$1,963$1,569$1,243$978$764$363
22 years$1,854$1,465$1,146$889$685$311
23 years$1,755$1,370$1,058$810$615$267
24 years$1,664$1,284$979$738$552$230
25 years$1,580$1,205$906$674$497$198
26 years$1,503$1,132$841$617$448$170
27 years$1,432$1,066$781$564$404$146
28 years$1,366$1,004$726$517$364$126
29 years$1,305$947$675$474$329$109
30 years$1,248$895$629$435$297$94
31 years$1,194$846$586$400$269$81
32 years$1,145$800$547$367$243$70
33 years$1,098$758$511$338$220$60
34 years$1,054$718$477$311$199$52
35 years$1,013$681$446$286$180$45
36 years$974$647$417$263$163$39
37 years$937$614$391$243$148$33
38 years$902$584$366$224$134$29
39 years$869$555$343$206$122$25
40 years$838$528$321$190$110$21
41 years$809$503$301$176$100$18
42 years$780$479$283$162$91$16
43 years$754$456$265$150$83$14
44 years$728$435$249$138$75$12
45 years$704$415$234$128$68$10
46 years$681$395$220$118$62$9
47 years$659$377$206$109$56$8
48 years$638$360$194$101$51$7
49 years$618$344$182$93$46$6
50 years$599$329$171$86$42$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $613,000, adding $5,398 every year, while hoping to spend $24,351 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: 60/26/14 Blend
44$613,000$613,000$613,000$613,000
45$681,094$648,605$639,104$719,274
46$724,656$654,477$634,604$751,503
47$771,846$659,821$629,138$783,436
48$823,007$664,585$622,647$817,690
49$878,518$668,714$615,070$854,492
50$938,795$672,150$606,343$894,092
51$1,004,297$674,830$596,401$936,767
52$1,075,527$676,688$585,172$982,821
53$1,153,040$677,655$572,584$1,032,592
54$1,237,444$677,654$558,560$1,086,451
55$1,329,412$676,608$543,020$1,144,808
56$1,429,682$674,432$525,881$1,208,118
57$1,539,066$671,035$507,055$1,276,880
58$1,658,460$666,325$486,450$1,351,647
59$1,788,847$660,200$463,971$1,433,030
60$1,931,313$652,553$439,517$1,521,700
61$2,087,050$643,271$412,984$1,618,402
62$2,257,373$632,235$384,263$1,723,956
63$2,443,729$619,318$353,239$1,839,268
64$2,647,709$604,385$319,793$1,965,337
65$2,871,070$587,294$283,800$2,103,266
66$3,115,742$567,895$245,130$2,254,272
67$3,383,853$546,027$203,648$2,419,700
68$3,677,746$521,522$159,210$2,601,032
69$4,000,002$494,202$111,669$2,799,905
70$4,353,462$463,878$60,870$3,018,123
71$4,741,257$430,350$6,650$3,257,678
72$5,166,834$393,406$0$3,520,770
73$5,633,993$352,825$0$3,817,472
74$6,146,917$308,370$0$4,144,367
75$6,710,213$259,791$0$4,503,441
76$7,328,960$206,826$0$4,897,978
77$8,008,750$149,196$0$5,331,600
78$8,755,743$86,607$0$5,808,301
79$9,576,728$18,750$0$6,332,484
80$10,479,183$0$0$6,909,003
81$11,471,344$0$0$7,558,862
82$12,562,290$0$0$8,279,377
83$13,762,020$0$0$9,071,794
84$15,081,551$0$0$9,943,397
85$16,533,022$0$0$10,902,211
86$18,129,808$0$0$11,957,078
87$19,886,644$0$0$13,117,742
88$21,819,766$0$0$14,394,936
89$23,947,064$0$0$15,800,489
90$26,288,250$0$0$17,347,432
91$28,865,042$0$0$19,050,124
92$31,701,372$0$0$20,924,389
93$34,823,608$0$0$22,987,660
94$38,260,807$0$0$25,259,148
95$42,044,983$0$0$27,760,020
96$46,211,414$0$0$30,513,601
97$50,798,974$0$0$33,545,591
98$55,850,496$0$0$36,884,313
99$61,413,179$0$0$40,560,972
100$67,539,032$0$0$44,609,955