Can I retire at age 45 with 636,000?

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 $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%16.1%
1 years$52,520$52,052$51,596$51,151$50,716$49,449
2 years$26,000$25,516$25,047$24,592$24,150$22,883
3 years$17,161$16,675$16,207$15,756$15,322$14,092
4 years$12,743$12,258$11,794$11,351$10,928$9,746
5 years$10,092$9,610$9,153$8,719$8,307$7,176
6 years$8,326$7,848$7,397$6,973$6,573$5,494
7 years$7,065$6,590$6,147$5,733$5,346$4,319
8 years$6,119$5,649$5,213$4,809$4,435$3,460
9 years$5,384$4,919$4,490$4,096$3,735$2,811
10 years$4,796$4,335$3,914$3,531$3,182$2,308
11 years$4,316$3,860$3,446$3,073$2,737$1,911
12 years$3,916$3,464$3,058$2,695$2,372$1,593
13 years$3,578$3,131$2,733$2,380$2,068$1,335
14 years$3,288$2,846$2,455$2,112$1,813$1,124
15 years$3,037$2,600$2,217$1,884$1,596$949
16 years$2,818$2,385$2,010$1,687$1,411$804
17 years$2,624$2,197$1,829$1,516$1,251$683
18 years$2,453$2,030$1,669$1,366$1,112$582
19 years$2,299$1,881$1,528$1,234$991$496
20 years$2,162$1,748$1,403$1,118$885$423
21 years$2,037$1,628$1,290$1,014$792$362
22 years$1,924$1,520$1,189$922$710$310
23 years$1,821$1,422$1,098$840$638$266
24 years$1,726$1,332$1,015$766$573$228
25 years$1,640$1,250$940$700$516$195
26 years$1,560$1,175$872$640$465$168
27 years$1,486$1,106$810$586$419$144
28 years$1,418$1,042$753$537$378$124
29 years$1,354$983$701$492$341$106
30 years$1,295$928$653$452$308$91
31 years$1,239$877$608$415$279$79
32 years$1,188$830$568$381$252$68
33 years$1,139$786$530$350$228$58
34 years$1,093$745$495$322$207$50
35 years$1,051$707$463$297$187$43
36 years$1,010$671$433$273$170$37
37 years$972$637$405$252$154$32
38 years$936$605$380$232$139$27
39 years$902$576$356$214$126$24
40 years$870$548$333$197$115$20
41 years$839$521$313$182$104$18
42 years$810$497$293$168$94$15
43 years$782$473$275$155$86$13
44 years$756$451$258$143$78$11
45 years$731$430$243$132$71$10
46 years$707$410$228$122$64$8
47 years$684$392$214$113$58$7
48 years$662$374$201$104$53$6
49 years$641$357$189$96$48$5
50 years$621$341$178$89$44$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $636,000, adding $4,703 every year, while hoping to spend $31,582 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: 34/41/25 Blend
44$636,000$636,000$636,000$636,000
45$705,723$672,015$662,157$724,226
46$744,104$671,341$650,736$737,794
47$785,341$669,575$637,875$749,229
48$829,692$666,631$623,490$760,932
49$877,442$662,416$607,497$772,949
50$928,899$656,833$589,807$785,331
51$984,407$649,779$570,326$798,137
52$1,044,341$641,142$548,957$811,435
53$1,109,114$630,808$525,596$825,304
54$1,179,177$618,651$500,138$839,832
55$1,255,031$604,543$472,470$855,122
56$1,337,223$588,344$442,476$871,290
57$1,426,355$569,908$410,034$888,465
58$1,523,089$549,080$375,016$906,798
59$1,628,154$525,695$337,290$926,456
60$1,742,352$499,580$296,715$947,628
61$1,866,565$470,552$253,148$970,530
62$2,001,761$438,416$206,435$995,401
63$2,149,009$402,966$156,419$1,022,512
64$2,309,482$363,986$102,933$1,052,167
65$2,484,475$321,247$45,807$1,084,708
66$2,675,408$274,505$0$1,120,517
67$2,883,848$223,504$0$1,164,064
68$3,111,519$167,974$0$1,225,089
69$3,360,318$107,629$0$1,291,946
70$3,632,335$42,167$0$1,365,289
71$3,929,869$0$0$1,445,842
72$4,255,453$0$0$1,547,370
73$4,611,876$0$0$1,679,432
74$5,002,209$0$0$1,824,153
75$5,429,833$0$0$1,982,798
76$5,898,473$0$0$2,156,761
77$6,412,230$0$0$2,347,577
78$6,975,623$0$0$2,556,938
79$7,593,625$0$0$2,786,705
80$8,271,718$0$0$3,038,931
81$9,015,939$0$0$3,315,876
82$9,832,935$0$0$3,620,028
83$10,730,033$0$0$3,954,131
84$11,715,299$0$0$4,321,206
85$12,797,624$0$0$4,724,580
86$13,986,797$0$0$5,167,921
87$15,293,606$0$0$5,655,268
88$16,729,935$0$0$6,191,071
89$18,308,875$0$0$6,780,233
90$20,044,851$0$0$7,428,156
91$21,953,752$0$0$8,140,793
92$24,053,088$0$0$8,924,700
93$26,362,148$0$0$9,787,102
94$28,902,185$0$0$10,735,959
95$31,696,615$0$0$11,780,043
96$34,771,239$0$0$12,929,018
97$38,154,484$0$0$14,193,532
98$41,877,673$0$0$15,585,317
99$45,975,316$0$0$17,117,301
100$50,485,442$0$0$18,803,730