Can I retire at age 45 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$52,520$52,052$51,596$51,151$50,716$48,723
2 years$26,000$25,516$25,047$24,592$24,150$22,167
3 years$17,161$16,675$16,207$15,756$15,322$13,410
4 years$12,743$12,258$11,794$11,351$10,928$9,103
5 years$10,092$9,610$9,153$8,719$8,307$6,573
6 years$8,326$7,848$7,397$6,973$6,573$4,931
7 years$7,065$6,590$6,147$5,733$5,346$3,796
8 years$6,119$5,649$5,213$4,809$4,435$2,975
9 years$5,384$4,919$4,490$4,096$3,735$2,363
10 years$4,796$4,335$3,914$3,531$3,182$1,896
11 years$4,316$3,860$3,446$3,073$2,737$1,532
12 years$3,916$3,464$3,058$2,695$2,372$1,246
13 years$3,578$3,131$2,733$2,380$2,068$1,019
14 years$3,288$2,846$2,455$2,112$1,813$836
15 years$3,037$2,600$2,217$1,884$1,596$688
16 years$2,818$2,385$2,010$1,687$1,411$567
17 years$2,624$2,197$1,829$1,516$1,251$469
18 years$2,453$2,030$1,669$1,366$1,112$388
19 years$2,299$1,881$1,528$1,234$991$322
20 years$2,162$1,748$1,403$1,118$885$267
21 years$2,037$1,628$1,290$1,014$792$222
22 years$1,924$1,520$1,189$922$710$185
23 years$1,821$1,422$1,098$840$638$154
24 years$1,726$1,332$1,015$766$573$128
25 years$1,640$1,250$940$700$516$107
26 years$1,560$1,175$872$640$465$89
27 years$1,486$1,106$810$586$419$74
28 years$1,418$1,042$753$537$378$62
29 years$1,354$983$701$492$341$51
30 years$1,295$928$653$452$308$43
31 years$1,239$877$608$415$279$36
32 years$1,188$830$568$381$252$30
33 years$1,139$786$530$350$228$25
34 years$1,093$745$495$322$207$21
35 years$1,051$707$463$297$187$17
36 years$1,010$671$433$273$170$14
37 years$972$637$405$252$154$12
38 years$936$605$380$232$139$10
39 years$902$576$356$214$126$8
40 years$870$548$333$197$115$7
41 years$839$521$313$182$104$6
42 years$810$497$293$168$94$5
43 years$782$473$275$155$86$4
44 years$756$451$258$143$78$3
45 years$731$430$243$132$71$3
46 years$707$410$228$122$64$2
47 years$684$392$214$113$58$2
48 years$662$374$201$104$53$2
49 years$641$357$189$96$48$1
50 years$621$341$178$89$44$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $636,000, adding $6,818 every year, while hoping to spend $50,968 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: 87/5/8 Blend
44$636,000$636,000$636,000$636,000
45$707,905$674,197$664,339$768,326
46$725,881$653,003$632,365$787,556
47$743,984$629,062$597,611$800,943
48$762,170$602,186$559,931$814,019
49$780,394$572,176$519,171$826,718
50$798,602$538,821$475,172$838,963
51$816,734$501,897$427,764$850,672
52$834,720$461,169$376,773$861,751
53$852,483$416,388$322,017$872,098
54$869,935$367,290$263,303$881,600
55$886,978$313,597$200,434$890,131
56$903,502$255,015$133,200$897,553
57$919,381$191,233$61,385$903,713
58$934,478$121,923$0$908,442
59$948,635$46,738$0$912,854
60$961,681$0$0$921,119
61$973,420$0$0$929,694
62$983,636$0$0$939,376
63$992,089$0$0$947,364
64$998,509$0$0$953,400
65$1,002,599$0$0$957,199
66$1,004,027$0$0$958,441
67$1,002,425$0$0$956,773
68$997,382$0$0$951,803
69$988,445$0$0$943,096
70$975,111$0$0$930,168
71$956,821$0$0$912,484
72$932,956$0$0$889,450
73$902,830$0$0$860,410
74$865,686$0$0$824,635
75$820,681$0$0$781,320
76$766,888$0$0$729,572
77$703,275$0$0$668,406
78$628,707$0$0$596,730
79$541,924$0$0$513,338
80$441,536$0$0$416,895
81$326,005$0$0$305,929
82$193,631$0$0$178,808
83$42,538$0$0$33,734
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0