Can I retire at age 45 with 635,000?

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 $635,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$52,438$51,971$51,515$51,070$50,636$50,380
2 years$25,959$25,476$25,007$24,553$24,112$23,854
3 years$17,134$16,649$16,181$15,731$15,298$15,045
4 years$12,723$12,239$11,776$11,334$10,911$10,666
5 years$10,076$9,595$9,139$8,705$8,294$8,057
6 years$8,313$7,835$7,385$6,962$6,563$6,335
7 years$7,053$6,580$6,137$5,724$5,337$5,118
8 years$6,110$5,640$5,205$4,801$4,428$4,217
9 years$5,376$4,911$4,483$4,090$3,729$3,527
10 years$4,789$4,329$3,908$3,525$3,177$2,984
11 years$4,309$3,854$3,441$3,068$2,732$2,548
12 years$3,910$3,459$3,054$2,691$2,368$2,191
13 years$3,572$3,126$2,728$2,376$2,065$1,897
14 years$3,283$2,841$2,451$2,109$1,810$1,650
15 years$3,032$2,595$2,213$1,881$1,594$1,441
16 years$2,813$2,381$2,007$1,684$1,409$1,263
17 years$2,620$2,193$1,826$1,513$1,249$1,111
18 years$2,449$2,027$1,667$1,364$1,110$980
19 years$2,296$1,878$1,526$1,232$990$866
20 years$2,158$1,745$1,400$1,116$884$767
21 years$2,034$1,626$1,288$1,013$791$680
22 years$1,921$1,517$1,187$921$709$604
23 years$1,818$1,419$1,096$839$637$538
24 years$1,724$1,330$1,014$765$572$479
25 years$1,637$1,248$939$699$515$427
26 years$1,557$1,173$871$639$464$381
27 years$1,484$1,104$809$585$418$340
28 years$1,415$1,040$752$536$377$304
29 years$1,352$981$700$491$341$272
30 years$1,293$927$652$451$308$244
31 years$1,237$876$607$414$278$218
32 years$1,186$829$567$381$252$195
33 years$1,137$785$529$350$228$175
34 years$1,092$744$494$322$206$157
35 years$1,049$706$462$296$187$141
36 years$1,009$670$432$273$169$126
37 years$970$636$405$251$153$113
38 years$934$605$379$232$139$102
39 years$900$575$355$214$126$91
40 years$868$547$333$197$114$82
41 years$838$521$312$182$104$74
42 years$808$496$293$168$94$66
43 years$781$472$275$155$85$59
44 years$754$450$258$143$78$53
45 years$729$429$242$132$70$48
46 years$705$410$227$122$64$43
47 years$683$391$214$113$58$39
48 years$661$373$201$104$53$35
49 years$640$356$189$96$48$31
50 years$620$340$177$89$44$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $635,000, adding $4,033 every year, while hoping to spend $28,134 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$635,000$635,000$635,000$635,000
45$703,930$670,275$660,433$750,214
46$745,797$673,184$652,623$784,479
47$790,991$675,293$643,608$818,254
48$839,822$676,532$633,319$854,532
49$892,630$676,829$621,682$893,557
50$949,790$676,106$608,620$935,599
51$1,011,714$674,279$594,054$980,954
52$1,078,852$671,262$577,898$1,029,952
53$1,151,702$666,962$560,065$1,082,955
54$1,230,812$661,279$540,463$1,140,361
55$1,316,782$654,109$518,996$1,202,613
56$1,410,275$645,342$495,564$1,270,197
57$1,512,018$634,859$470,060$1,343,649
58$1,622,813$622,536$442,376$1,423,562
59$1,743,541$608,241$412,397$1,510,589
60$1,875,171$591,834$380,002$1,605,453
61$2,018,773$573,168$345,066$1,708,948
62$2,175,520$552,086$307,458$1,821,951
63$2,346,707$528,422$267,041$1,945,433
64$2,533,757$502,001$223,674$2,080,459
65$2,738,239$472,637$177,205$2,228,210
66$2,961,878$440,135$127,480$2,389,985
67$3,206,575$404,286$74,336$2,567,218
68$3,474,422$364,873$17,603$2,761,490
69$3,767,724$321,663$0$2,974,547
70$4,089,019$274,411$0$3,217,476
71$4,441,100$222,859$0$3,487,840
72$4,827,047$166,734$0$3,784,262
73$5,250,248$105,746$0$4,109,365
74$5,714,438$39,592$0$4,466,042
75$6,223,727$0$0$4,857,480
76$6,782,647$0$0$5,290,364
77$7,396,185$0$0$5,769,888
78$8,069,838$0$0$6,296,431
79$8,809,659$0$0$6,874,729
80$9,622,319$0$0$7,509,999
81$10,515,163$0$0$8,207,989
82$11,496,285$0$0$8,975,031
83$12,574,602$0$0$9,818,101
84$13,759,936$0$0$10,744,884
85$15,063,111$0$0$11,763,847
86$16,496,048$0$0$12,884,318
87$18,071,885$0$0$14,116,575
88$19,805,094$0$0$15,471,941
89$21,711,622$0$0$16,962,892
90$23,809,038$0$0$18,603,174
91$26,116,699$0$0$20,407,931
92$28,655,934$0$0$22,393,851
93$31,450,245$0$0$24,579,321
94$34,525,524$0$0$26,984,599
95$37,910,303$0$0$29,632,009
96$41,636,020$0$0$32,546,147
97$45,737,315$0$0$35,754,114
98$50,252,355$0$0$39,285,775
99$55,223,200$0$0$43,174,034
100$60,696,191$0$0$47,455,150