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%19.3%
1 years$52,438$51,971$51,515$51,070$50,636$48,742
2 years$25,959$25,476$25,007$24,553$24,112$22,226
3 years$17,134$16,649$16,181$15,731$15,298$13,479
4 years$12,723$12,239$11,776$11,334$10,911$9,172
5 years$10,076$9,595$9,139$8,705$8,294$6,641
6 years$8,313$7,835$7,385$6,962$6,563$4,996
7 years$7,053$6,580$6,137$5,724$5,337$3,856
8 years$6,110$5,640$5,205$4,801$4,428$3,031
9 years$5,376$4,911$4,483$4,090$3,729$2,415
10 years$4,789$4,329$3,908$3,525$3,177$1,944
11 years$4,309$3,854$3,441$3,068$2,732$1,577
12 years$3,910$3,459$3,054$2,691$2,368$1,287
13 years$3,572$3,126$2,728$2,376$2,065$1,055
14 years$3,283$2,841$2,451$2,109$1,810$869
15 years$3,032$2,595$2,213$1,881$1,594$717
16 years$2,813$2,381$2,007$1,684$1,409$594
17 years$2,620$2,193$1,826$1,513$1,249$493
18 years$2,449$2,027$1,667$1,364$1,110$410
19 years$2,296$1,878$1,526$1,232$990$341
20 years$2,158$1,745$1,400$1,116$884$284
21 years$2,034$1,626$1,288$1,013$791$237
22 years$1,921$1,517$1,187$921$709$198
23 years$1,818$1,419$1,096$839$637$165
24 years$1,724$1,330$1,014$765$572$138
25 years$1,637$1,248$939$699$515$116
26 years$1,557$1,173$871$639$464$97
27 years$1,484$1,104$809$585$418$81
28 years$1,415$1,040$752$536$377$68
29 years$1,352$981$700$491$341$57
30 years$1,293$927$652$451$308$47
31 years$1,237$876$607$414$278$40
32 years$1,186$829$567$381$252$33
33 years$1,137$785$529$350$228$28
34 years$1,092$744$494$322$206$23
35 years$1,049$706$462$296$187$20
36 years$1,009$670$432$273$169$16
37 years$970$636$405$251$153$14
38 years$934$605$379$232$139$12
39 years$900$575$355$214$126$10
40 years$868$547$333$197$114$8
41 years$838$521$312$182$104$7
42 years$808$496$293$168$94$6
43 years$781$472$275$155$85$5
44 years$754$450$258$143$78$4
45 years$729$429$242$132$70$3
46 years$705$410$227$122$64$3
47 years$683$391$214$113$58$2
48 years$661$373$201$104$53$2
49 years$640$356$189$96$48$2
50 years$620$340$177$89$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $635,000, adding $5,371 every year, while hoping to spend $35,003 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: 40/44/16 Blend
44$635,000$635,000$635,000$635,000
45$705,310$671,655$661,813$729,972
46$740,009$667,323$646,740$743,673
47$777,074$661,606$629,990$754,682
48$816,709$654,399$611,469$765,846
49$859,139$645,590$591,079$777,196
50$904,609$635,062$568,718$788,769
51$953,389$622,690$544,280$800,610
52$1,005,775$608,342$517,653$812,769
53$1,062,091$591,877$488,721$825,305
54$1,122,694$573,149$457,363$838,288
55$1,187,974$551,999$423,450$851,795
56$1,258,363$528,261$386,851$865,919
57$1,334,331$501,761$347,426$880,764
58$1,416,397$472,313$305,029$896,448
59$1,505,133$439,719$259,511$913,107
60$1,601,164$403,773$210,712$930,895
61$1,705,179$364,254$158,467$949,988
62$1,817,935$320,930$102,604$970,584
63$1,940,266$273,557$42,942$992,906
64$2,073,087$221,875$0$1,017,209
65$2,217,405$165,610$0$1,047,316
66$2,374,329$104,474$0$1,088,063
67$2,545,078$38,160$0$1,132,509
68$2,730,993$0$0$1,181,094
69$2,933,550$0$0$1,250,607
70$3,154,374$0$0$1,346,608
71$3,395,252$0$0$1,451,406
72$3,658,153$0$0$1,565,868
73$3,945,242$0$0$1,690,948
74$4,258,904$0$0$1,827,694
75$4,601,764$0$0$1,977,264
76$4,976,712$0$0$2,140,928
77$5,386,929$0$0$2,320,088
78$5,835,921$0$0$2,516,288
79$6,327,544$0$0$2,731,226
80$6,866,049$0$0$2,966,773
81$7,456,114$0$0$3,224,991
82$8,102,891$0$0$3,508,148
83$8,812,057$0$0$3,818,744
84$9,589,862$0$0$4,159,534
85$10,443,191$0$0$4,533,550
86$11,379,627$0$0$4,944,132
87$12,407,523$0$0$5,394,960
88$13,536,081$0$0$5,890,088
89$14,775,435$0$0$6,433,983
90$16,136,752$0$0$7,031,562
91$17,632,332$0$0$7,688,245
92$19,275,724$0$0$8,410,004
93$21,081,856$0$0$9,203,415
94$23,067,174$0$0$10,075,724
95$25,249,795$0$0$11,034,917
96$27,649,682$0$0$12,089,789
97$30,288,826$0$0$13,250,030
98$33,191,458$0$0$14,526,320
99$36,384,272$0$0$15,930,422
100$39,896,684$0$0$17,475,298