Can I retire at age 45 with 634,000?

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 $634,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$52,355$51,889$51,434$50,990$50,556$49,254
2 years$25,918$25,436$24,968$24,514$24,074$22,771
3 years$17,107$16,622$16,156$15,707$15,274$14,010
4 years$12,703$12,219$11,757$11,316$10,893$9,679
5 years$10,060$9,580$9,124$8,692$8,281$7,120
6 years$8,300$7,823$7,374$6,951$6,552$5,445
7 years$7,042$6,570$6,128$5,715$5,329$4,275
8 years$6,100$5,631$5,197$4,794$4,421$3,421
9 years$5,367$4,903$4,476$4,083$3,723$2,776
10 years$4,781$4,322$3,902$3,520$3,172$2,276
11 years$4,302$3,848$3,435$3,063$2,728$1,883
12 years$3,904$3,453$3,049$2,687$2,364$1,567
13 years$3,566$3,121$2,724$2,372$2,062$1,312
14 years$3,278$2,837$2,447$2,106$1,807$1,103
15 years$3,027$2,591$2,210$1,878$1,591$930
16 years$2,809$2,378$2,003$1,681$1,406$787
17 years$2,616$2,190$1,823$1,511$1,247$668
18 years$2,445$2,023$1,664$1,362$1,109$567
19 years$2,292$1,875$1,524$1,230$988$483
20 years$2,155$1,743$1,398$1,114$883$412
21 years$2,031$1,623$1,286$1,011$790$352
22 years$1,918$1,515$1,185$919$708$300
23 years$1,815$1,417$1,094$837$636$257
24 years$1,721$1,328$1,012$764$571$220
25 years$1,635$1,246$937$697$514$188
26 years$1,555$1,171$869$638$463$162
27 years$1,481$1,102$807$584$417$138
28 years$1,413$1,038$751$535$377$119
29 years$1,350$980$698$490$340$102
30 years$1,291$925$651$450$307$87
31 years$1,235$875$607$413$278$75
32 years$1,184$828$566$380$251$64
33 years$1,135$784$528$349$227$55
34 years$1,090$743$494$321$206$48
35 years$1,047$705$462$296$187$41
36 years$1,007$669$432$273$169$35
37 years$969$635$404$251$153$30
38 years$933$604$378$231$139$26
39 years$899$574$355$213$126$22
40 years$867$546$332$197$114$19
41 years$836$520$312$182$104$16
42 years$807$495$292$168$94$14
43 years$780$472$274$155$85$12
44 years$753$450$257$143$77$10
45 years$728$429$242$132$70$9
46 years$704$409$227$122$64$8
47 years$682$390$213$113$58$7
48 years$660$373$200$104$53$6
49 years$639$356$188$96$48$5
50 years$619$340$177$89$43$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $634,000, adding $2,733 every year, while hoping to spend $27,099 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: 60/10/30 Blend
44$634,000$634,000$634,000$634,000
45$701,487$667,885$658,058$737,701
46$744,206$671,778$651,270$766,660
47$790,373$674,954$643,346$795,132
48$840,313$677,349$634,220$825,645
49$894,380$678,894$623,822$858,406
50$952,966$679,519$612,078$893,643
51$1,016,499$679,145$598,913$931,608
52$1,085,451$677,693$584,247$972,581
53$1,160,343$675,076$567,995$1,016,869
54$1,241,746$671,202$550,070$1,064,815
55$1,330,287$665,974$530,381$1,116,794
56$1,426,659$659,290$508,831$1,173,224
57$1,531,622$651,039$485,321$1,234,565
58$1,646,015$641,107$459,746$1,301,327
59$1,770,757$629,370$431,997$1,374,072
60$1,906,864$615,699$401,958$1,453,422
61$2,055,452$599,956$369,511$1,540,063
62$2,217,749$581,995$334,531$1,634,755
63$2,395,109$561,662$296,888$1,738,334
64$2,589,021$538,794$256,444$1,851,728
65$2,801,124$513,219$213,058$1,975,957
66$3,033,225$484,752$166,582$2,112,151
67$3,287,312$453,203$116,860$2,261,555
68$3,565,573$418,365$63,730$2,425,547
69$3,870,420$380,023$7,024$2,605,644
70$4,204,507$337,949$0$2,803,525
71$4,570,760$291,902$0$3,038,163
72$4,972,399$241,626$0$3,297,992
73$5,412,970$186,853$0$3,583,076
74$5,896,381$127,297$0$3,895,969
75$6,426,936$62,658$0$4,239,485
76$7,009,375$0$0$4,616,725
77$7,648,920$0$0$5,031,916
78$8,351,323$0$0$5,495,540
79$9,122,920$0$0$6,004,890
80$9,970,693$0$0$6,564,582
81$10,902,332$0$0$7,179,698
82$11,926,309$0$0$7,855,840
83$13,051,957$0$0$8,599,179
84$14,289,561$0$0$9,416,513
85$15,650,448$0$0$10,315,332
86$17,147,102$0$0$11,303,888
87$18,793,274$0$0$12,391,273
88$20,604,116$0$0$13,587,504
89$22,596,323$0$0$14,903,620
90$24,788,288$0$0$16,351,779
91$27,200,279$0$0$17,945,383
92$29,854,626$0$0$19,699,195
93$32,775,934$0$0$21,629,482
94$35,991,313$0$0$23,754,169
95$39,530,637$0$0$26,093,006
96$43,426,820$0$0$28,667,756
97$47,716,131$0$0$31,502,398
98$52,438,535$0$0$34,623,355
99$57,638,069$0$0$38,059,743
100$63,363,255$0$0$41,843,644