Can I retire at age 45 with 626,000?

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 $626,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$51,694$51,234$50,785$50,346$49,918$48,791
2 years$25,591$25,115$24,653$24,205$23,771$22,641
3 years$16,891$16,413$15,952$15,508$15,081$13,984
4 years$12,542$12,065$11,609$11,173$10,756$9,700
5 years$9,934$9,459$9,009$8,582$8,176$7,165
6 years$8,195$7,724$7,281$6,863$6,470$5,504
7 years$6,954$6,487$6,050$5,642$5,262$4,341
8 years$6,023$5,560$5,131$4,733$4,365$3,490
9 years$5,299$4,841$4,419$4,032$3,676$2,845
10 years$4,721$4,267$3,853$3,475$3,132$2,345
11 years$4,248$3,799$3,392$3,025$2,694$1,949
12 years$3,854$3,410$3,010$2,653$2,334$1,631
13 years$3,521$3,081$2,690$2,342$2,036$1,373
14 years$3,236$2,801$2,417$2,079$1,784$1,160
15 years$2,989$2,559$2,182$1,854$1,571$984
16 years$2,773$2,348$1,978$1,660$1,389$837
17 years$2,583$2,162$1,800$1,492$1,231$714
18 years$2,414$1,998$1,643$1,344$1,095$611
19 years$2,263$1,852$1,504$1,215$976$523
20 years$2,128$1,721$1,381$1,100$872$449
21 years$2,005$1,603$1,270$998$780$386
22 years$1,894$1,496$1,170$908$699$332
23 years$1,792$1,399$1,081$827$628$285
24 years$1,699$1,311$999$754$564$246
25 years$1,614$1,230$926$689$508$212
26 years$1,535$1,156$858$630$457$183
27 years$1,463$1,088$797$576$412$158
28 years$1,395$1,025$741$528$372$136
29 years$1,333$967$690$484$336$118
30 years$1,274$914$642$444$303$102
31 years$1,220$864$599$408$274$88
32 years$1,169$817$559$375$248$76
33 years$1,121$774$522$345$225$66
34 years$1,076$733$487$317$203$57
35 years$1,034$696$456$292$184$49
36 years$994$660$426$269$167$42
37 years$957$627$399$248$151$37
38 years$921$596$374$229$137$32
39 years$888$567$350$211$124$28
40 years$856$539$328$194$113$24
41 years$826$513$308$179$102$21
42 years$797$489$289$165$93$18
43 years$770$466$271$153$84$15
44 years$744$444$254$141$76$13
45 years$719$423$239$130$69$12
46 years$695$404$224$120$63$10
47 years$673$385$211$111$57$9
48 years$651$368$198$103$52$8
49 years$631$351$186$95$47$6
50 years$611$336$175$88$43$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $626,000, adding $4,555 every year, while hoping to spend $25,290 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: 31/43/26 Blend
44$626,000$626,000$626,000$626,000
45$694,550$661,372$651,669$710,419
46$738,486$666,871$646,592$728,485
47$786,056$671,792$640,497$745,370
48$837,603$676,080$633,323$763,039
49$893,507$679,675$625,007$781,580
50$954,182$682,517$615,483$801,087
51$1,020,087$684,538$604,679$821,669
52$1,091,724$685,669$592,524$843,447
53$1,169,647$685,834$578,941$866,554
54$1,254,465$684,954$563,850$891,142
55$1,346,848$682,945$547,167$917,379
56$1,447,534$679,716$528,804$945,454
57$1,557,334$675,174$508,671$975,576
58$1,677,141$669,217$486,670$1,007,979
59$1,807,939$661,738$462,703$1,042,924
60$1,950,810$652,624$436,665$1,080,701
61$2,106,945$641,755$408,446$1,121,635
62$2,277,656$629,004$377,931$1,166,085
63$2,464,387$614,235$345,002$1,214,452
64$2,668,729$597,307$309,535$1,267,181
65$2,892,433$578,069$271,397$1,324,768
66$3,137,426$556,359$230,454$1,387,762
67$3,405,833$532,010$186,564$1,456,775
68$3,699,991$504,842$139,577$1,532,484
69$4,022,477$474,665$89,339$1,615,644
70$4,376,126$441,281$35,689$1,707,088
71$4,764,063$404,476$0$1,807,745
72$5,189,730$364,027$0$1,924,623
73$5,656,916$319,698$0$2,063,834
74$6,169,796$271,238$0$2,216,780
75$6,732,971$218,384$0$2,384,912
76$7,351,505$160,857$0$2,569,835
77$8,030,981$98,361$0$2,773,322
78$8,777,547$30,587$0$2,997,333
79$9,597,976$0$0$3,244,033
80$10,499,730$0$0$3,536,065
81$11,491,029$0$0$3,873,110
82$12,580,932$0$0$4,243,791
83$13,779,416$0$0$4,651,512
84$15,097,474$0$0$5,100,029
85$16,547,221$0$0$5,593,478
86$18,142,000$0$0$6,136,416
87$19,896,516$0$0$6,733,865
88$21,826,970$0$0$7,391,356
89$23,951,212$0$0$8,114,986
90$26,288,910$0$0$8,911,473
91$28,861,735$0$0$9,788,218
92$31,693,567$0$0$10,753,375
93$34,810,715$0$0$11,815,931
94$38,242,171$0$0$12,985,787
95$42,019,880$0$0$14,273,855
96$46,179,041$0$0$15,692,157
97$50,758,439$0$0$17,253,940
98$55,800,815$0$0$18,973,803
99$61,353,260$0$0$20,867,829
100$67,467,669$0$0$22,953,746