Can I retire at age 45 with 639,000?

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 $639,000?

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$52,768$52,298$51,839$51,392$50,955$49,343
2 years$26,123$25,636$25,165$24,708$24,264$22,655
3 years$17,242$16,754$16,283$15,830$15,394$13,838
4 years$12,803$12,316$11,850$11,405$10,979$9,488
5 years$10,140$9,656$9,196$8,760$8,346$6,924
6 years$8,365$7,885$7,432$7,005$6,604$5,252
7 years$7,098$6,621$6,176$5,760$5,371$4,089
8 years$6,148$5,676$5,238$4,832$4,456$3,243
9 years$5,410$4,942$4,511$4,115$3,752$2,608
10 years$4,819$4,356$3,933$3,548$3,197$2,119
11 years$4,336$3,878$3,463$3,087$2,750$1,735
12 years$3,934$3,481$3,073$2,708$2,383$1,430
13 years$3,594$3,145$2,745$2,391$2,078$1,185
14 years$3,303$2,859$2,467$2,122$1,821$986
15 years$3,051$2,612$2,227$1,893$1,604$823
16 years$2,831$2,396$2,019$1,695$1,417$689
17 years$2,637$2,207$1,837$1,523$1,257$578
18 years$2,464$2,039$1,677$1,372$1,117$486
19 years$2,310$1,890$1,536$1,240$996$409
20 years$2,172$1,756$1,409$1,123$890$345
21 years$2,047$1,636$1,296$1,019$796$291
22 years$1,933$1,527$1,195$927$714$246
23 years$1,829$1,428$1,103$844$641$208
24 years$1,735$1,338$1,020$770$576$176
25 years$1,647$1,256$945$703$518$149
26 years$1,567$1,180$876$643$467$126
27 years$1,493$1,111$814$588$421$107
28 years$1,424$1,047$756$539$380$90
29 years$1,360$987$704$494$343$77
30 years$1,301$932$656$454$310$65
31 years$1,245$882$611$417$280$55
32 years$1,193$834$570$383$253$47
33 years$1,144$790$533$352$229$40
34 years$1,099$749$498$324$208$34
35 years$1,055$710$465$298$188$29
36 years$1,015$674$435$275$170$24
37 years$977$640$407$253$154$21
38 years$940$608$381$233$140$17
39 years$906$578$357$215$127$15
40 years$874$550$335$198$115$13
41 years$843$524$314$183$104$11
42 years$814$499$295$169$95$9
43 years$786$475$276$156$86$8
44 years$759$453$260$144$78$7
45 years$734$432$244$133$71$6
46 years$710$412$229$123$64$5
47 years$687$393$215$113$58$4
48 years$665$376$202$105$53$3
49 years$644$359$190$97$48$3
50 years$624$343$179$90$44$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $639,000, adding $2,201 every year, while hoping to spend $50,060 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: 64/22/14 Blend
44$639,000$639,000$639,000$639,000
45$706,448$672,581$662,677$749,162
46$725,243$652,274$631,613$757,720
47$744,276$629,295$597,831$761,088
48$763,520$603,458$561,186$763,536
49$782,942$574,570$521,529$764,973
50$802,504$542,426$478,702$765,304
51$822,162$506,807$432,540$764,422
52$841,865$467,483$382,873$762,215
53$861,557$424,212$329,522$758,561
54$881,173$376,736$272,298$753,328
55$900,640$324,783$211,007$746,373
56$919,874$268,066$145,445$737,543
57$938,783$206,283$75,398$726,670
58$957,260$139,112$645$713,574
59$975,187$66,215$0$698,061
60$992,433$0$0$691,740
61$1,008,847$0$0$686,523
62$1,024,263$0$0$696,609
63$1,038,497$0$0$705,835
64$1,051,339$0$0$714,055
65$1,062,560$0$0$721,104
66$1,071,900$0$0$726,800
67$1,079,073$0$0$730,940
68$1,083,760$0$0$733,297
69$1,085,605$0$0$733,620
70$1,084,215$0$0$731,631
71$1,079,151$0$0$727,018
72$1,069,928$0$0$719,439
73$1,056,006$0$0$708,513
74$1,036,787$0$0$693,816
75$1,011,610$0$0$674,881
76$979,741$0$0$651,188
77$940,366$0$0$622,165
78$892,588$0$0$587,174
79$835,409$0$0$545,513
80$767,729$0$0$496,404
81$688,330$0$0$438,986
82$595,865$0$0$372,308
83$488,843$0$0$295,317
84$365,620$0$0$206,853
85$224,376$0$0$105,629
86$63,101$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