Can I retire at age 45 with 619,000?

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 $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%17.5%
1 years$51,116$50,661$50,217$49,783$49,360$47,857
2 years$25,305$24,834$24,377$23,934$23,505$22,003
3 years$16,703$16,229$15,774$15,335$14,912$13,459
4 years$12,402$11,930$11,479$11,048$10,636$9,243
5 years$9,822$9,353$8,908$8,486$8,085$6,756
6 years$8,103$7,638$7,199$6,786$6,397$5,133
7 years$6,876$6,414$5,983$5,579$5,203$4,003
8 years$5,956$5,498$5,074$4,680$4,316$3,180
9 years$5,240$4,787$4,370$3,987$3,635$2,562
10 years$4,668$4,220$3,810$3,437$3,097$2,085
11 years$4,201$3,756$3,354$2,991$2,664$1,711
12 years$3,811$3,372$2,977$2,623$2,308$1,413
13 years$3,482$3,047$2,659$2,316$2,013$1,173
14 years$3,200$2,770$2,390$2,056$1,764$978
15 years$2,956$2,530$2,157$1,833$1,554$818
16 years$2,742$2,321$1,956$1,642$1,373$686
17 years$2,554$2,138$1,780$1,475$1,217$577
18 years$2,387$1,975$1,625$1,329$1,082$486
19 years$2,238$1,831$1,487$1,201$965$410
20 years$2,104$1,701$1,365$1,088$862$347
21 years$1,983$1,585$1,256$987$771$293
22 years$1,872$1,479$1,157$898$691$248
23 years$1,772$1,384$1,069$818$621$210
24 years$1,680$1,296$988$746$558$178
25 years$1,596$1,216$915$681$502$151
26 years$1,518$1,143$849$623$452$128
27 years$1,446$1,076$788$570$408$109
28 years$1,380$1,014$733$522$368$93
29 years$1,318$956$682$479$332$79
30 years$1,260$903$635$439$300$67
31 years$1,206$854$592$404$271$57
32 years$1,156$808$553$371$245$48
33 years$1,109$765$516$341$222$41
34 years$1,064$725$482$314$201$35
35 years$1,022$688$451$289$182$30
36 years$983$653$422$266$165$25
37 years$946$620$395$245$150$22
38 years$911$589$370$226$136$18
39 years$878$560$346$208$123$16
40 years$846$533$324$192$112$13
41 years$816$507$304$177$101$11
42 years$788$483$285$164$92$10
43 years$761$461$268$151$83$8
44 years$735$439$251$139$76$7
45 years$711$419$236$129$69$6
46 years$688$399$222$119$62$5
47 years$665$381$208$110$57$4
48 years$644$364$196$102$51$4
49 years$624$347$184$94$47$3
50 years$604$332$173$87$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $619,000, adding $6,994 every year, while hoping to spend $41,926 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: 64/20/16 Blend
44$619,000$619,000$619,000$619,000
45$689,352$656,545$646,951$730,329
46$715,057$644,107$624,015$746,225
47$741,979$629,654$598,905$758,141
48$770,197$613,044$571,505$770,143
49$799,799$594,124$541,692$782,242
50$830,877$572,735$509,337$794,447
51$863,535$548,708$474,309$806,775
52$897,883$521,862$436,465$819,242
53$934,042$492,008$395,662$831,870
54$972,144$458,945$351,746$844,684
55$1,012,330$422,462$304,557$857,714
56$1,054,759$382,333$253,930$870,997
57$1,099,598$338,322$199,691$884,573
58$1,147,035$290,177$141,659$898,491
59$1,197,272$237,635$79,644$912,808
60$1,250,530$180,416$13,448$927,588
61$1,307,051$118,223$0$942,906
62$1,367,100$50,745$0$968,612
63$1,430,965$0$0$998,125
64$1,498,964$0$0$1,034,213
65$1,571,444$0$0$1,084,608
66$1,648,783$0$0$1,138,407
67$1,731,398$0$0$1,195,904
68$1,819,744$0$0$1,257,418
69$1,914,322$0$0$1,323,303
70$2,015,679$0$0$1,393,942
71$2,124,416$0$0$1,469,761
72$2,241,193$0$0$1,551,222
73$2,366,735$0$0$1,638,837
74$2,501,835$0$0$1,733,164
75$2,647,367$0$0$1,834,817
76$2,804,289$0$0$1,944,473
77$2,973,654$0$0$2,062,873
78$3,156,619$0$0$2,190,832
79$3,354,456$0$0$2,329,244
80$3,568,561$0$0$2,479,096
81$3,800,472$0$0$2,641,470
82$4,051,877$0$0$2,817,555
83$4,324,634$0$0$3,008,660
84$4,620,785$0$0$3,216,224
85$4,942,578$0$0$3,441,832
86$5,292,483$0$0$3,687,225
87$5,673,220$0$0$3,954,319
88$6,087,780$0$0$4,245,224
89$6,539,456$0$0$4,562,258
90$7,031,871$0$0$4,907,977
91$7,569,012$0$0$5,285,191
92$8,155,268$0$0$5,696,993
93$8,795,470$0$0$6,146,790
94$9,494,936$0$0$6,638,331
95$10,259,521$0$0$7,175,742
96$11,095,671$0$0$7,763,569
97$12,010,482$0$0$8,406,815
98$13,011,771$0$0$9,110,990
99$14,108,143$0$0$9,882,161
100$15,309,073$0$0$10,727,010