Can I retire at age 45 with 631,000?

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 $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%13.8%
1 years$52,107$51,643$51,190$50,748$50,317$49,524
2 years$25,796$25,315$24,850$24,398$23,960$23,164
3 years$17,026$16,544$16,079$15,632$15,201$14,426
4 years$12,642$12,161$11,702$11,262$10,842$10,093
5 years$10,013$9,535$9,081$8,650$8,242$7,522
6 years$8,260$7,786$7,339$6,918$6,521$5,831
7 years$7,009$6,539$6,099$5,687$5,304$4,644
8 years$6,071$5,605$5,172$4,771$4,400$3,770
9 years$5,342$4,880$4,455$4,064$3,705$3,105
10 years$4,759$4,301$3,884$3,503$3,157$2,586
11 years$4,282$3,829$3,419$3,049$2,715$2,173
12 years$3,885$3,437$3,034$2,674$2,353$1,838
13 years$3,549$3,106$2,711$2,361$2,052$1,564
14 years$3,262$2,823$2,436$2,096$1,799$1,338
15 years$3,013$2,579$2,199$1,869$1,584$1,148
16 years$2,796$2,366$1,994$1,674$1,400$989
17 years$2,604$2,179$1,814$1,504$1,241$854
18 years$2,434$2,014$1,656$1,355$1,103$739
19 years$2,281$1,866$1,516$1,224$984$641
20 years$2,145$1,734$1,392$1,109$879$557
21 years$2,021$1,615$1,280$1,006$786$485
22 years$1,909$1,508$1,180$915$705$422
23 years$1,806$1,410$1,089$833$633$368
24 years$1,713$1,321$1,007$760$569$322
25 years$1,627$1,240$933$694$512$281
26 years$1,548$1,165$865$635$461$246
27 years$1,474$1,097$804$581$415$215
28 years$1,406$1,034$747$532$375$188
29 years$1,343$975$695$488$339$165
30 years$1,284$921$648$448$306$144
31 years$1,230$870$604$411$277$127
32 years$1,178$824$563$378$250$111
33 years$1,130$780$526$348$226$97
34 years$1,085$739$491$320$205$85
35 years$1,042$701$459$295$186$75
36 years$1,002$666$430$271$168$66
37 years$964$632$402$250$152$58
38 years$929$601$377$230$138$51
39 years$895$571$353$212$125$44
40 years$863$543$331$196$114$39
41 years$832$517$310$181$103$34
42 years$803$493$291$167$94$30
43 years$776$469$273$154$85$26
44 years$750$447$256$142$77$23
45 years$725$427$241$131$70$20
46 years$701$407$226$121$64$18
47 years$678$388$212$112$58$16
48 years$657$371$200$104$52$14
49 years$636$354$188$96$48$12
50 years$616$338$176$88$43$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $631,000, adding $5,213 every year, while hoping to spend $23,428 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: 67/15/18 Blend
44$631,000$631,000$631,000$631,000
45$700,739$667,296$657,516$744,261
46$747,287$675,067$654,615$781,789
47$797,798$682,432$650,832$819,603
48$852,651$689,349$646,113$860,380
49$912,264$695,769$640,400$904,410
50$977,095$701,643$633,634$952,013
51$1,047,651$706,915$625,752$1,003,543
52$1,124,485$711,528$616,689$1,059,388
53$1,208,212$715,422$606,377$1,119,978
54$1,299,503$718,530$594,744$1,185,786
55$1,399,099$720,785$581,715$1,257,335
56$1,507,816$722,113$567,211$1,335,201
57$1,626,551$722,434$551,151$1,420,018
58$1,756,293$721,667$533,448$1,512,488
59$1,898,129$719,723$514,013$1,613,384
60$2,053,258$716,509$492,752$1,723,556
61$2,222,997$711,925$469,566$1,843,946
62$2,408,800$705,866$444,353$1,975,590
63$2,612,264$698,221$417,006$2,119,631
64$2,835,152$688,871$387,413$2,277,330
65$3,079,402$677,690$355,456$2,450,078
66$3,347,150$664,546$321,012$2,639,407
67$3,640,748$649,297$283,955$2,847,008
68$3,962,788$631,796$244,151$3,074,747
69$4,316,122$611,884$201,459$3,324,680
70$4,703,893$589,393$155,735$3,599,073
71$5,129,564$564,147$106,827$3,900,427
72$5,596,949$535,960$54,575$4,231,500
73$6,110,248$504,632$0$4,595,330
74$6,674,090$469,956$0$4,995,499
75$7,293,573$431,709$0$5,446,674
76$7,974,312$389,658$0$5,942,473
77$8,722,496$343,555$0$6,487,426
78$9,544,941$293,140$0$7,086,523
79$10,449,158$238,136$0$7,745,266
80$11,443,419$178,252$0$8,469,718
81$12,536,840$113,179$0$9,266,561
82$13,739,466$42,593$0$10,143,158
83$15,062,362$0$0$11,107,627
84$16,517,719$0$0$12,174,497
85$18,118,971$0$0$13,356,098
86$19,880,919$0$0$14,656,326
87$21,819,871$0$0$16,087,221
88$23,953,795$0$0$17,662,050
89$26,302,491$0$0$19,395,431
90$28,887,774$0$0$21,303,469
91$31,733,683$0$0$23,403,913
92$34,866,704$0$0$25,716,318
93$38,316,023$0$0$28,262,233
94$42,113,800$0$0$31,065,400
95$46,295,470$0$0$34,151,984
96$50,900,082$0$0$37,550,814
97$55,970,661$0$0$41,293,658
98$61,554,622$0$0$45,415,520
99$67,704,207$0$0$49,954,974
100$74,476,987$0$0$54,954,525