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%12.7%
1 years$52,768$52,298$51,839$51,392$50,955$50,381
2 years$26,123$25,636$25,165$24,708$24,264$23,686
3 years$17,242$16,754$16,283$15,830$15,394$14,830
4 years$12,803$12,316$11,850$11,405$10,979$10,434
5 years$10,140$9,656$9,196$8,760$8,346$7,821
6 years$8,365$7,885$7,432$7,005$6,604$6,099
7 years$7,098$6,621$6,176$5,760$5,371$4,887
8 years$6,148$5,676$5,238$4,832$4,456$3,993
9 years$5,410$4,942$4,511$4,115$3,752$3,310
10 years$4,819$4,356$3,933$3,548$3,197$2,775
11 years$4,336$3,878$3,463$3,087$2,750$2,348
12 years$3,934$3,481$3,073$2,708$2,383$2,000
13 years$3,594$3,145$2,745$2,391$2,078$1,715
14 years$3,303$2,859$2,467$2,122$1,821$1,477
15 years$3,051$2,612$2,227$1,893$1,604$1,277
16 years$2,831$2,396$2,019$1,695$1,417$1,108
17 years$2,637$2,207$1,837$1,523$1,257$965
18 years$2,464$2,039$1,677$1,372$1,117$842
19 years$2,310$1,890$1,536$1,240$996$736
20 years$2,172$1,756$1,409$1,123$890$645
21 years$2,047$1,636$1,296$1,019$796$566
22 years$1,933$1,527$1,195$927$714$497
23 years$1,829$1,428$1,103$844$641$437
24 years$1,735$1,338$1,020$770$576$385
25 years$1,647$1,256$945$703$518$339
26 years$1,567$1,180$876$643$467$299
27 years$1,493$1,111$814$588$421$264
28 years$1,424$1,047$756$539$380$233
29 years$1,360$987$704$494$343$206
30 years$1,301$932$656$454$310$182
31 years$1,245$882$611$417$280$161
32 years$1,193$834$570$383$253$143
33 years$1,144$790$533$352$229$126
34 years$1,099$749$498$324$208$112
35 years$1,055$710$465$298$188$99
36 years$1,015$674$435$275$170$88
37 years$977$640$407$253$154$78
38 years$940$608$381$233$140$69
39 years$906$578$357$215$127$61
40 years$874$550$335$198$115$54
41 years$843$524$314$183$104$48
42 years$814$499$295$169$95$42
43 years$786$475$276$156$86$38
44 years$759$453$260$144$78$33
45 years$734$432$244$133$71$30
46 years$710$412$229$123$64$26
47 years$687$393$215$113$58$23
48 years$665$376$202$105$53$21
49 years$644$359$190$97$48$18
50 years$624$343$179$90$44$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $639,000, adding $3,981 every year, while hoping to spend $42,736 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: 28/47/25 Blend
44$639,000$639,000$639,000$639,000
45$708,284$674,417$664,513$722,504
46$735,059$661,993$641,303$721,616
47$763,132$647,528$615,884$716,664
48$792,590$630,876$588,135$710,463
49$823,530$611,884$557,933$702,934
50$856,054$590,390$525,148$693,996
51$890,273$566,221$489,642$683,562
52$926,310$539,195$451,274$671,544
53$964,298$509,120$409,896$657,850
54$1,004,381$475,791$365,352$642,384
55$1,046,716$438,994$317,480$625,046
56$1,091,477$398,500$266,111$605,733
57$1,138,850$354,069$211,068$584,340
58$1,189,040$305,446$152,166$560,756
59$1,242,271$252,362$89,213$534,868
60$1,298,789$194,533$22,008$506,560
61$1,358,860$131,660$0$475,713
62$1,422,777$63,425$0$455,464
63$1,490,862$0$0$439,555
64$1,563,464$0$0$427,477
65$1,640,969$0$0$449,661
66$1,723,797$0$0$473,433
67$1,812,410$0$0$498,934
68$1,907,315$0$0$526,318
69$2,009,066$0$0$555,755
70$2,118,273$0$0$587,431
71$2,235,603$0$0$621,550
72$2,361,792$0$0$658,336
73$2,497,643$0$0$698,036
74$2,644,042$0$0$740,921
75$2,801,961$0$0$787,288
76$2,972,466$0$0$837,465
77$3,156,731$0$0$891,810
78$3,356,045$0$0$950,720
79$3,571,824$0$0$1,014,630
80$3,805,628$0$0$1,084,016
81$4,059,168$0$0$1,159,405
82$4,334,327$0$0$1,241,376
83$4,633,179$0$0$1,330,565
84$4,958,001$0$0$1,427,672
85$5,311,301$0$0$1,533,468
86$5,695,836$0$0$1,648,800
87$6,114,641$0$0$1,774,603
88$6,571,056$0$0$1,911,902
89$7,068,756$0$0$2,061,829
90$7,611,786$0$0$2,225,628
91$8,204,598$0$0$2,404,670
92$8,852,095$0$0$2,600,463
93$9,559,671$0$0$2,814,668
94$10,333,266$0$0$3,049,114
95$11,179,421$0$0$3,305,815
96$12,105,338$0$0$3,586,989
97$13,118,944$0$0$3,895,078
98$14,228,973$0$0$4,232,772
99$15,445,039$0$0$4,603,033
100$16,777,732$0$0$5,009,124