Can I retire at age 45 with 619,000?

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 $619,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$51,116$50,661$50,217$49,783$49,360$48,763
2 years$25,305$24,834$24,377$23,934$23,505$22,904
3 years$16,703$16,229$15,774$15,335$14,912$14,327
4 years$12,402$11,930$11,479$11,048$10,636$10,069
5 years$9,822$9,353$8,908$8,486$8,085$7,540
6 years$8,103$7,638$7,199$6,786$6,397$5,874
7 years$6,876$6,414$5,983$5,579$5,203$4,701
8 years$5,956$5,498$5,074$4,680$4,316$3,836
9 years$5,240$4,787$4,370$3,987$3,635$3,177
10 years$4,668$4,220$3,810$3,437$3,097$2,660
11 years$4,201$3,756$3,354$2,991$2,664$2,248
12 years$3,811$3,372$2,977$2,623$2,308$1,913
13 years$3,482$3,047$2,659$2,316$2,013$1,637
14 years$3,200$2,770$2,390$2,056$1,764$1,408
15 years$2,956$2,530$2,157$1,833$1,554$1,216
16 years$2,742$2,321$1,956$1,642$1,373$1,054
17 years$2,554$2,138$1,780$1,475$1,217$916
18 years$2,387$1,975$1,625$1,329$1,082$798
19 years$2,238$1,831$1,487$1,201$965$697
20 years$2,104$1,701$1,365$1,088$862$609
21 years$1,983$1,585$1,256$987$771$534
22 years$1,872$1,479$1,157$898$691$468
23 years$1,772$1,384$1,069$818$621$411
24 years$1,680$1,296$988$746$558$362
25 years$1,596$1,216$915$681$502$318
26 years$1,518$1,143$849$623$452$280
27 years$1,446$1,076$788$570$408$247
28 years$1,380$1,014$733$522$368$218
29 years$1,318$956$682$479$332$192
30 years$1,260$903$635$439$300$170
31 years$1,206$854$592$404$271$150
32 years$1,156$808$553$371$245$132
33 years$1,109$765$516$341$222$117
34 years$1,064$725$482$314$201$103
35 years$1,022$688$451$289$182$91
36 years$983$653$422$266$165$81
37 years$946$620$395$245$150$71
38 years$911$589$370$226$136$63
39 years$878$560$346$208$123$56
40 years$846$533$324$192$112$49
41 years$816$507$304$177$101$44
42 years$788$483$285$164$92$39
43 years$761$461$268$151$83$34
44 years$735$439$251$139$76$30
45 years$711$419$236$129$69$27
46 years$688$399$222$119$62$24
47 years$665$381$208$110$57$21
48 years$644$364$196$102$51$19
49 years$624$347$184$94$47$17
50 years$604$332$173$87$42$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $619,000, adding $6,957 every year, while hoping to spend $26,828 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: 70/14/16 Blend
44$619,000$619,000$619,000$619,000
45$689,314$656,507$646,913$734,525
46$731,079$660,131$640,039$769,125
47$776,206$663,034$632,037$803,114
48$825,007$665,151$622,839$839,627
49$877,830$666,415$612,376$878,910
50$935,053$666,755$600,575$921,233
51$997,096$666,093$587,362$966,896
52$1,064,417$664,348$572,655$1,016,227
53$1,137,521$661,435$556,373$1,069,590
54$1,216,965$657,263$538,429$1,127,386
55$1,303,360$651,733$518,731$1,190,059
56$1,397,379$644,744$497,184$1,258,094
57$1,499,762$636,186$473,689$1,332,033
58$1,611,322$625,944$448,143$1,412,468
59$1,732,958$613,896$420,436$1,500,056
60$1,865,654$599,912$390,456$1,595,519
61$2,010,497$583,854$358,083$1,699,656
62$2,168,683$565,578$323,193$1,813,347
63$2,341,527$544,929$285,658$1,937,563
64$2,530,477$521,745$245,343$2,073,375
65$2,737,129$495,854$202,105$2,221,965
66$2,963,239$467,073$155,798$2,384,638
67$3,210,739$435,210$106,267$2,562,830
68$3,481,761$400,061$53,353$2,758,128
69$3,778,647$361,411$0$2,972,282
70$4,103,981$319,032$0$3,207,753
71$4,460,606$272,684$0$3,475,892
72$4,851,655$222,112$0$3,769,960
73$5,280,577$167,049$0$4,092,579
74$5,751,171$107,210$0$4,446,638
75$6,267,623$42,296$0$4,835,320
76$6,834,543$0$0$5,262,137
77$7,457,009$0$0$5,735,270
78$8,140,615$0$0$6,262,066
79$8,891,523$0$0$6,840,762
80$9,716,521$0$0$7,476,593
81$10,623,088$0$0$8,175,329
82$11,619,462$0$0$8,943,324
83$12,714,721$0$0$9,787,578
84$13,918,863$0$0$10,715,806
85$15,242,906$0$0$11,736,505
86$16,698,987$0$0$12,859,037
87$18,300,480$0$0$14,093,717
88$20,062,117$0$0$15,451,912
89$22,000,135$0$0$16,946,142
90$24,132,418$0$0$18,590,205
91$26,478,674$0$0$20,399,303
92$29,060,618$0$0$22,390,184
93$31,902,175$0$0$24,581,306
94$35,029,709$0$0$26,993,002
95$38,472,267$0$0$29,647,681
96$42,261,856$0$0$32,570,030
97$46,433,743$0$0$35,787,255
98$51,026,790$0$0$39,329,332
99$56,083,818$0$0$43,229,292
100$61,652,009$0$0$47,523,531