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%15.2%
1 years$52,273$51,807$51,353$50,909$50,476$49,397
2 years$25,877$25,396$24,928$24,476$24,036$22,954
3 years$17,080$16,596$16,130$15,682$15,250$14,198
4 years$12,683$12,200$11,739$11,298$10,876$9,864
5 years$10,045$9,565$9,110$8,678$8,268$7,297
6 years$8,287$7,811$7,362$6,940$6,542$5,614
7 years$7,031$6,559$6,118$5,706$5,320$4,436
8 years$6,090$5,622$5,188$4,786$4,414$3,572
9 years$5,359$4,895$4,469$4,077$3,717$2,918
10 years$4,774$4,315$3,896$3,514$3,167$2,409
11 years$4,296$3,841$3,430$3,058$2,724$2,006
12 years$3,897$3,448$3,044$2,683$2,360$1,682
13 years$3,561$3,116$2,720$2,368$2,058$1,418
14 years$3,272$2,832$2,444$2,102$1,804$1,201
15 years$3,023$2,587$2,206$1,875$1,589$1,021
16 years$2,804$2,374$2,000$1,679$1,404$871
17 years$2,612$2,186$1,820$1,508$1,245$745
18 years$2,441$2,020$1,662$1,359$1,107$638
19 years$2,289$1,872$1,521$1,228$987$548
20 years$2,151$1,740$1,396$1,112$881$471
21 years$2,027$1,621$1,284$1,010$789$405
22 years$1,915$1,513$1,183$918$707$349
23 years$1,812$1,415$1,093$836$635$301
24 years$1,718$1,326$1,011$763$570$260
25 years$1,632$1,244$936$696$513$225
26 years$1,552$1,169$868$637$462$194
27 years$1,479$1,100$806$583$417$168
28 years$1,411$1,037$749$534$376$146
29 years$1,348$978$697$490$340$126
30 years$1,289$924$650$449$307$109
31 years$1,233$873$606$413$277$95
32 years$1,182$826$565$379$251$82
33 years$1,134$782$528$349$227$71
34 years$1,088$742$493$321$206$62
35 years$1,046$703$461$295$186$53
36 years$1,005$668$431$272$169$46
37 years$967$634$403$251$153$40
38 years$932$603$378$231$139$35
39 years$898$573$354$213$126$30
40 years$865$545$332$197$114$26
41 years$835$519$311$181$103$23
42 years$806$494$292$167$94$20
43 years$778$471$274$154$85$17
44 years$752$449$257$143$77$15
45 years$727$428$241$132$70$13
46 years$703$408$227$122$64$11
47 years$680$390$213$112$58$10
48 years$659$372$200$104$53$8
49 years$638$355$188$96$48$7
50 years$618$339$177$89$43$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $633,000, adding $3,877 every year, while hoping to spend $35,570 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: 44/27/29 Blend
44$633,000$633,000$633,000$633,000
45$701,565$668,016$658,205$726,380
46$735,279$662,903$642,408$739,382
47$771,239$656,347$624,891$749,792
48$809,637$648,239$605,556$760,403
49$850,683$638,467$584,306$771,255
50$894,608$626,907$561,035$782,393
51$941,664$613,431$535,635$793,871
52$992,127$597,902$507,993$805,751
53$1,046,301$580,177$477,988$818,103
54$1,104,520$560,101$445,496$831,009
55$1,167,149$537,515$410,389$844,561
56$1,234,591$512,245$372,529$858,864
57$1,307,285$484,112$331,776$874,040
58$1,385,718$452,923$287,980$890,225
59$1,470,422$418,476$240,987$907,572
60$1,561,981$380,558$190,636$926,258
61$1,661,038$338,941$136,758$946,478
62$1,768,302$293,386$79,177$968,456
63$1,884,547$243,641$17,708$992,442
64$2,010,631$189,439$0$1,018,717
65$2,147,491$130,497$0$1,062,416
66$2,296,162$66,518$0$1,115,884
67$2,457,780$0$0$1,174,099
68$2,633,598$0$0$1,238,408
69$2,824,989$0$0$1,329,996
70$3,033,470$0$0$1,429,831
71$3,260,707$0$0$1,538,720
72$3,508,533$0$0$1,657,553
73$3,778,967$0$0$1,787,305
74$4,074,231$0$0$1,929,054
75$4,396,771$0$0$2,083,984
76$4,749,280$0$0$2,253,399
77$5,134,721$0$0$2,438,735
78$5,556,360$0$0$2,641,573
79$6,017,790$0$0$2,863,654
80$6,522,968$0$0$3,106,896
81$7,076,252$0$0$3,373,409
82$7,682,441$0$0$3,665,520
83$8,346,820$0$0$3,985,789
84$9,075,211$0$0$4,337,036
85$9,874,023$0$0$4,722,368
86$10,750,318$0$0$5,145,208
87$11,711,873$0$0$5,609,323
88$12,767,255$0$0$6,118,867
89$13,925,900$0$0$6,678,411
90$15,198,203$0$0$7,292,995
91$16,595,615$0$0$7,968,169
92$18,130,749$0$0$8,710,045
93$19,817,502$0$0$9,525,360
94$21,671,182$0$0$10,421,535
95$23,708,655$0$0$11,406,743
96$25,948,502$0$0$12,489,993
97$28,411,191$0$0$13,681,207
98$31,119,278$0$0$14,991,317
99$34,097,608$0$0$16,432,370
100$37,373,560$0$0$18,017,635