Can I retire at age 45 with 633,000?

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 $633,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$52,273$51,807$51,353$50,909$50,476$48,821
2 years$25,877$25,396$24,928$24,476$24,036$22,385
3 years$17,080$16,596$16,130$15,682$15,250$13,653
4 years$12,683$12,200$11,739$11,298$10,876$9,347
5 years$10,045$9,565$9,110$8,678$8,268$6,811
6 years$8,287$7,811$7,362$6,940$6,542$5,158
7 years$7,031$6,559$6,118$5,706$5,320$4,009
8 years$6,090$5,622$5,188$4,786$4,414$3,174
9 years$5,359$4,895$4,469$4,077$3,717$2,547
10 years$4,774$4,315$3,896$3,514$3,167$2,065
11 years$4,296$3,841$3,430$3,058$2,724$1,688
12 years$3,897$3,448$3,044$2,683$2,360$1,389
13 years$3,561$3,116$2,720$2,368$2,058$1,148
14 years$3,272$2,832$2,444$2,102$1,804$953
15 years$3,023$2,587$2,206$1,875$1,589$794
16 years$2,804$2,374$2,000$1,679$1,404$663
17 years$2,612$2,186$1,820$1,508$1,245$555
18 years$2,441$2,020$1,662$1,359$1,107$466
19 years$2,289$1,872$1,521$1,228$987$391
20 years$2,151$1,740$1,396$1,112$881$329
21 years$2,027$1,621$1,284$1,010$789$277
22 years$1,915$1,513$1,183$918$707$233
23 years$1,812$1,415$1,093$836$635$197
24 years$1,718$1,326$1,011$763$570$166
25 years$1,632$1,244$936$696$513$140
26 years$1,552$1,169$868$637$462$118
27 years$1,479$1,100$806$583$417$100
28 years$1,411$1,037$749$534$376$85
29 years$1,348$978$697$490$340$72
30 years$1,289$924$650$449$307$61
31 years$1,233$873$606$413$277$51
32 years$1,182$826$565$379$251$43
33 years$1,134$782$528$349$227$37
34 years$1,088$742$493$321$206$31
35 years$1,046$703$461$295$186$26
36 years$1,005$668$431$272$169$22
37 years$967$634$403$251$153$19
38 years$932$603$378$231$139$16
39 years$898$573$354$213$126$13
40 years$865$545$332$197$114$11
41 years$835$519$311$181$103$10
42 years$806$494$292$167$94$8
43 years$778$471$274$154$85$7
44 years$752$449$257$143$77$6
45 years$727$428$241$132$70$5
46 years$703$408$227$122$64$4
47 years$680$390$213$112$58$4
48 years$659$372$200$104$53$3
49 years$638$355$188$96$48$3
50 years$618$339$177$89$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $633,000, adding $6,751 every year, while hoping to spend $48,260 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: 71/9/20 Blend
44$633,000$633,000$633,000$633,000
45$704,530$670,981$661,169$750,667
46$725,043$652,510$631,970$763,809
47$746,032$631,518$600,175$771,812
48$767,493$607,828$565,647$779,370
49$789,422$581,256$528,241$786,431
50$811,813$551,608$487,807$792,941
51$834,657$518,675$444,187$798,842
52$857,941$482,240$397,217$804,070
53$881,653$442,071$346,725$808,556
54$905,773$397,924$292,532$812,227
55$930,281$349,542$234,451$815,002
56$955,151$296,650$172,286$816,796
57$980,351$238,961$105,833$817,515
58$1,005,847$176,170$34,878$817,059
59$1,031,596$107,955$0$815,319
60$1,057,552$33,978$0$820,894
61$1,083,657$0$0$833,450
62$1,109,851$0$0$850,019
63$1,136,059$0$0$869,946
64$1,162,200$0$0$889,803
65$1,188,180$0$0$909,516
66$1,213,895$0$0$929,001
67$1,239,225$0$0$948,166
68$1,264,036$0$0$966,904
69$1,288,179$0$0$985,097
70$1,311,482$0$0$1,002,612
71$1,333,758$0$0$1,019,300
72$1,354,794$0$0$1,034,995
73$1,374,353$0$0$1,049,510
74$1,392,170$0$0$1,062,637
75$1,407,950$0$0$1,074,145
76$1,421,363$0$0$1,083,775
77$1,432,043$0$0$1,091,239
78$1,439,583$0$0$1,096,217
79$1,443,527$0$0$1,098,354
80$1,443,373$0$0$1,097,254
81$1,438,560$0$0$1,092,478
82$1,428,467$0$0$1,083,539
83$1,412,405$0$0$1,069,897
84$1,389,609$0$0$1,050,952
85$1,359,231$0$0$1,026,040
86$1,320,333$0$0$994,426
87$1,271,875$0$0$955,295
88$1,212,706$0$0$907,744
89$1,141,550$0$0$850,776
90$1,057,000$0$0$783,287
91$957,494$0$0$704,054
92$841,307$0$0$611,726
93$706,534$0$0$504,811
94$551,065$0$0$381,657
95$372,571$0$0$240,440
96$168,477$0$0$79,145
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0