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%17.8%
1 years$52,520$52,052$51,596$51,151$50,716$49,112
2 years$26,000$25,516$25,047$24,592$24,150$22,549
3 years$17,161$16,675$16,207$15,756$15,322$13,773
4 years$12,743$12,258$11,794$11,351$10,928$9,444
5 years$10,092$9,610$9,153$8,719$8,307$6,892
6 years$8,326$7,848$7,397$6,973$6,573$5,228
7 years$7,065$6,590$6,147$5,733$5,346$4,070
8 years$6,119$5,649$5,213$4,809$4,435$3,228
9 years$5,384$4,919$4,490$4,096$3,735$2,595
10 years$4,796$4,335$3,914$3,531$3,182$2,109
11 years$4,316$3,860$3,446$3,073$2,737$1,727
12 years$3,916$3,464$3,058$2,695$2,372$1,424
13 years$3,578$3,131$2,733$2,380$2,068$1,179
14 years$3,288$2,846$2,455$2,112$1,813$981
15 years$3,037$2,600$2,217$1,884$1,596$819
16 years$2,818$2,385$2,010$1,687$1,411$686
17 years$2,624$2,197$1,829$1,516$1,251$575
18 years$2,453$2,030$1,669$1,366$1,112$483
19 years$2,299$1,881$1,528$1,234$991$407
20 years$2,162$1,748$1,403$1,118$885$343
21 years$2,037$1,628$1,290$1,014$792$290
22 years$1,924$1,520$1,189$922$710$245
23 years$1,821$1,422$1,098$840$638$207
24 years$1,726$1,332$1,015$766$573$175
25 years$1,640$1,250$940$700$516$148
26 years$1,560$1,175$872$640$465$125
27 years$1,486$1,106$810$586$419$106
28 years$1,418$1,042$753$537$378$90
29 years$1,354$983$701$492$341$76
30 years$1,295$928$653$452$308$65
31 years$1,239$877$608$415$279$55
32 years$1,188$830$568$381$252$46
33 years$1,139$786$530$350$228$39
34 years$1,093$745$495$322$207$33
35 years$1,051$707$463$297$187$28
36 years$1,010$671$433$273$170$24
37 years$972$637$405$252$154$20
38 years$936$605$380$232$139$17
39 years$902$576$356$214$126$15
40 years$870$548$333$197$115$12
41 years$839$521$313$182$104$11
42 years$810$497$293$168$94$9
43 years$782$473$275$155$86$8
44 years$756$451$258$143$78$6
45 years$731$430$243$132$71$5
46 years$707$410$228$122$64$5
47 years$684$392$214$113$58$4
48 years$662$374$201$104$53$3
49 years$641$357$189$96$48$3
50 years$621$341$178$89$44$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $636,000, adding $5,231 every year, while hoping to spend $27,777 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: 53/28/19 Blend
44$636,000$636,000$636,000$636,000
45$706,268$672,560$662,702$739,778
46$748,753$675,961$655,348$766,738
47$794,640$678,597$646,816$792,707
48$844,247$680,403$637,039$820,363
49$897,924$681,306$625,944$849,873
50$956,054$681,232$613,455$881,426
51$1,019,060$680,101$599,493$915,230
52$1,087,405$677,826$583,977$951,513
53$1,161,600$674,319$566,820$990,531
54$1,242,206$669,484$547,931$1,032,566
55$1,329,841$663,218$527,217$1,077,931
56$1,425,183$655,415$504,577$1,126,970
57$1,528,981$645,960$479,910$1,180,068
58$1,642,058$634,732$453,107$1,237,647
59$1,765,317$621,603$424,056$1,300,177
60$1,899,755$606,437$392,637$1,368,177
61$2,046,469$589,092$358,730$1,442,220
62$2,206,665$569,414$322,204$1,522,942
63$2,381,673$547,242$282,925$1,611,045
64$2,572,953$522,407$240,753$1,707,305
65$2,782,117$494,728$195,541$1,812,583
66$3,010,938$464,015$147,137$1,927,826
67$3,261,368$430,065$95,379$2,054,085
68$3,535,555$392,667$40,103$2,192,521
69$3,835,868$351,594$0$2,344,414
70$4,164,913$306,608$0$2,515,012
71$4,525,561$257,458$0$2,710,977
72$4,920,974$203,879$0$2,925,937
73$5,354,633$145,589$0$3,161,844
74$5,830,375$82,292$0$3,420,852
75$6,352,424$13,675$0$3,705,334
76$6,925,433$0$0$4,017,912
77$7,554,529$0$0$4,380,147
78$8,245,358$0$0$4,782,619
79$9,004,139$0$0$5,224,749
80$9,837,726$0$0$5,710,536
81$10,753,666$0$0$6,244,388
82$11,760,276$0$0$6,831,162
83$12,866,716$0$0$7,476,207
84$14,083,081$0$0$8,185,417
85$15,420,489$0$0$8,965,286
86$16,891,193$0$0$9,822,967
87$18,508,689$0$0$10,766,343
88$20,287,850$0$0$11,804,098
89$22,245,060$0$0$12,945,802
90$24,398,373$0$0$14,201,997
91$26,767,680$0$0$15,584,298
92$29,374,898$0$0$17,105,506
93$32,244,174$0$0$18,779,723
94$35,402,117$0$0$20,622,488
95$38,878,046$0$0$22,650,923
96$42,704,263$0$0$24,883,894
97$46,916,366$0$0$27,342,188
98$51,553,575$0$0$30,048,714
99$56,659,109$0$0$33,028,710
100$62,280,591$0$0$36,309,989