Can I retire at age 45 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$52,025$51,561$51,109$50,668$50,237$48,320
2 years$25,755$25,275$24,810$24,360$23,922$22,014
3 years$16,999$16,518$16,054$15,607$15,177$13,337
4 years$12,622$12,142$11,683$11,244$10,825$9,067
5 years$9,997$9,520$9,067$8,637$8,229$6,557
6 years$8,247$7,773$7,327$6,907$6,511$4,928
7 years$6,998$6,528$6,089$5,678$5,295$3,799
8 years$6,061$5,596$5,164$4,764$4,393$2,983
9 years$5,333$4,872$4,448$4,057$3,699$2,374
10 years$4,751$4,295$3,878$3,498$3,152$1,908
11 years$4,275$3,823$3,414$3,044$2,711$1,546
12 years$3,879$3,432$3,030$2,670$2,349$1,260
13 years$3,544$3,101$2,707$2,357$2,049$1,032
14 years$3,257$2,819$2,432$2,092$1,796$848
15 years$3,008$2,575$2,196$1,866$1,581$699
16 years$2,791$2,363$1,991$1,671$1,397$578
17 years$2,600$2,176$1,812$1,501$1,239$479
18 years$2,430$2,011$1,654$1,353$1,102$398
19 years$2,278$1,863$1,514$1,222$982$330
20 years$2,141$1,732$1,389$1,107$877$275
21 years$2,018$1,613$1,278$1,005$785$229
22 years$1,906$1,506$1,178$914$704$191
23 years$1,804$1,408$1,088$832$632$159
24 years$1,710$1,319$1,006$759$568$133
25 years$1,624$1,238$932$693$511$111
26 years$1,545$1,164$864$634$460$93
27 years$1,472$1,095$802$580$415$77
28 years$1,404$1,032$746$531$374$65
29 years$1,341$973$694$487$338$54
30 years$1,282$919$646$447$305$45
31 years$1,228$869$603$411$276$38
32 years$1,176$822$562$378$250$32
33 years$1,128$779$525$347$226$26
34 years$1,083$738$491$319$205$22
35 years$1,041$700$459$294$185$18
36 years$1,001$664$429$271$168$15
37 years$963$631$402$250$152$13
38 years$927$600$376$230$138$11
39 years$893$570$352$212$125$9
40 years$861$543$330$196$114$8
41 years$831$517$310$180$103$6
42 years$802$492$290$167$93$5
43 years$775$469$273$154$85$4
44 years$749$447$256$142$77$4
45 years$724$426$240$131$70$3
46 years$700$406$226$121$63$3
47 years$677$388$212$112$58$2
48 years$656$370$199$103$52$2
49 years$635$354$187$96$48$2
50 years$615$338$176$88$43$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $630,000, adding $5,136 every year, while hoping to spend $38,317 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: 63/31/6 Blend
44$630,000$630,000$630,000$630,000
45$699,558$666,168$656,403$742,578
46$730,144$658,041$637,623$763,758
47$762,565$648,232$616,930$781,898
48$796,969$636,617$594,220$800,706
49$833,515$623,067$569,382$820,244
50$872,380$607,444$542,302$840,581
51$913,755$589,601$512,862$861,797
52$957,851$569,384$480,936$883,979
53$1,004,898$546,630$446,393$907,226
54$1,055,148$521,165$409,097$931,649
55$1,108,877$492,807$368,906$957,371
56$1,166,390$461,361$325,672$984,531
57$1,228,017$426,623$279,237$1,013,283
58$1,294,124$388,377$229,441$1,043,801
59$1,365,110$346,393$176,113$1,076,276
60$1,441,416$300,430$119,077$1,110,925
61$1,523,522$250,233$58,147$1,147,987
62$1,611,957$195,531$0$1,187,731
63$1,707,304$136,039$0$1,230,895
64$1,810,201$71,457$0$1,281,373
65$1,921,348$1,465$0$1,335,821
66$2,041,518$0$0$1,394,666
67$2,171,557$0$0$1,483,717
68$2,312,396$0$0$1,580,744
69$2,465,061$0$0$1,685,956
70$2,630,677$0$0$1,800,135
71$2,810,482$0$0$1,924,140
72$3,005,839$0$0$2,058,916
73$3,218,245$0$0$2,205,502
74$3,449,351$0$0$2,365,042
75$3,700,968$0$0$2,538,794
76$3,975,094$0$0$2,728,143
77$4,273,924$0$0$2,934,614
78$4,599,877$0$0$3,159,883
79$4,955,611$0$0$3,405,796
80$5,344,057$0$0$3,674,386
81$5,768,438$0$0$3,967,889
82$6,232,304$0$0$4,288,770
83$6,739,562$0$0$4,639,740
84$7,294,514$0$0$5,023,784
85$7,901,898$0$0$5,444,190
86$8,566,930$0$0$5,904,579
87$9,295,356$0$0$6,408,939
88$10,093,500$0$0$6,961,658
89$10,968,331$0$0$7,567,574
90$11,927,522$0$0$8,232,012
91$12,979,523$0$0$8,960,837
92$14,133,644$0$0$9,760,512
93$15,400,136$0$0$10,638,151
94$16,790,294$0$0$11,601,595
95$18,316,557$0$0$12,659,479
96$19,992,629$0$0$13,821,314
97$21,833,605$0$0$15,097,579
98$23,856,115$0$0$16,499,818
99$26,078,480$0$0$18,040,746
100$28,520,880$0$0$19,734,375