Can I retire at age 45 with 631,000?

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 $631,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$52,107$51,643$51,190$50,748$50,317$49,241
2 years$25,796$25,315$24,850$24,398$23,960$22,881
3 years$17,026$16,544$16,079$15,632$15,201$14,153
4 years$12,642$12,161$11,702$11,262$10,842$9,833
5 years$10,013$9,535$9,081$8,650$8,242$7,274
6 years$8,260$7,786$7,339$6,918$6,521$5,597
7 years$7,009$6,539$6,099$5,687$5,304$4,422
8 years$6,071$5,605$5,172$4,771$4,400$3,561
9 years$5,342$4,880$4,455$4,064$3,705$2,909
10 years$4,759$4,301$3,884$3,503$3,157$2,402
11 years$4,282$3,829$3,419$3,049$2,715$2,000
12 years$3,885$3,437$3,034$2,674$2,353$1,677
13 years$3,549$3,106$2,711$2,361$2,052$1,414
14 years$3,262$2,823$2,436$2,096$1,799$1,198
15 years$3,013$2,579$2,199$1,869$1,584$1,018
16 years$2,796$2,366$1,994$1,674$1,400$868
17 years$2,604$2,179$1,814$1,504$1,241$742
18 years$2,434$2,014$1,656$1,355$1,103$636
19 years$2,281$1,866$1,516$1,224$984$546
20 years$2,145$1,734$1,392$1,109$879$469
21 years$2,021$1,615$1,280$1,006$786$404
22 years$1,909$1,508$1,180$915$705$348
23 years$1,806$1,410$1,089$833$633$301
24 years$1,713$1,321$1,007$760$569$259
25 years$1,627$1,240$933$694$512$224
26 years$1,548$1,165$865$635$461$194
27 years$1,474$1,097$804$581$415$168
28 years$1,406$1,034$747$532$375$145
29 years$1,343$975$695$488$339$126
30 years$1,284$921$648$448$306$109
31 years$1,230$870$604$411$277$94
32 years$1,178$824$563$378$250$82
33 years$1,130$780$526$348$226$71
34 years$1,085$739$491$320$205$61
35 years$1,042$701$459$295$186$53
36 years$1,002$666$430$271$168$46
37 years$964$632$402$250$152$40
38 years$929$601$377$230$138$35
39 years$895$571$353$212$125$30
40 years$863$543$331$196$114$26
41 years$832$517$310$181$103$23
42 years$803$493$291$167$94$20
43 years$776$469$273$154$85$17
44 years$750$447$256$142$77$15
45 years$725$427$241$131$70$13
46 years$701$407$226$121$64$11
47 years$678$388$212$112$58$10
48 years$657$371$200$104$52$8
49 years$636$354$188$96$48$7
50 years$616$338$176$88$43$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $631,000, adding $3,889 every year, while hoping to spend $43,779 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: 26/47/27 Blend
44$631,000$631,000$631,000$631,000
45$699,374$665,931$656,150$711,569
46$724,129$651,981$631,551$707,884
47$749,942$635,880$604,660$699,924
48$776,875$617,477$575,354$690,479
49$804,994$596,610$543,506$679,452
50$834,371$573,112$508,981$666,744
51$865,082$546,800$471,638$652,248
52$897,214$517,486$431,330$635,854
53$930,855$484,968$387,905$617,446
54$966,104$449,034$341,202$596,904
55$1,003,068$409,458$291,054$574,100
56$1,041,863$366,004$237,287$548,901
57$1,082,615$318,419$179,717$521,169
58$1,125,459$266,439$118,155$490,759
59$1,170,544$209,783$52,402$457,521
60$1,218,032$148,155$0$421,296
61$1,268,099$81,242$0$387,039
62$1,320,936$8,714$0$365,904
63$1,376,753$0$0$342,667
64$1,435,776$0$0$353,298
65$1,498,256$0$0$369,370
66$1,564,464$0$0$386,453
67$1,634,697$0$0$404,629
68$1,709,280$0$0$423,991
69$1,788,566$0$0$444,637
70$1,872,946$0$0$466,677
71$1,962,844$0$0$490,231
72$2,058,725$0$0$515,429
73$2,161,100$0$0$542,417
74$2,270,527$0$0$571,351
75$2,387,619$0$0$602,406
76$2,513,047$0$0$635,770
77$2,647,549$0$0$671,653
78$2,791,933$0$0$710,284
79$2,947,085$0$0$751,914
80$3,113,979$0$0$796,819
81$3,293,685$0$0$845,303
82$3,487,377$0$0$897,700
83$3,696,343$0$0$954,376
84$3,922,002$0$0$1,015,734
85$4,165,909$0$0$1,082,216
86$4,429,777$0$0$1,154,310
87$4,715,487$0$0$1,232,552
88$5,025,105$0$0$1,317,530
89$5,360,907$0$0$1,409,893
90$5,725,393$0$0$1,510,353
91$6,121,313$0$0$1,619,694
92$6,551,692$0$0$1,738,780
93$7,019,860$0$0$1,868,559
94$7,529,477$0$0$2,010,077
95$8,084,573$0$0$2,164,485
96$8,689,583$0$0$2,333,047
97$9,349,386$0$0$2,517,158
98$10,069,352$0$0$2,718,351
99$10,855,395$0$0$2,938,317
100$11,714,021$0$0$3,178,913