Can I retire at age 45 with 643,000?

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 $643,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$53,098$52,625$52,164$51,714$51,274$50,341
2 years$26,286$25,797$25,322$24,862$24,416$23,480
3 years$17,350$16,858$16,385$15,929$15,491$14,580
4 years$12,883$12,393$11,924$11,476$11,048$10,170
5 years$10,203$9,716$9,254$8,815$8,399$7,556
6 years$8,417$7,934$7,478$7,049$6,645$5,839
7 years$7,142$6,663$6,215$5,796$5,405$4,634
8 years$6,186$5,711$5,270$4,862$4,484$3,749
9 years$5,443$4,973$4,539$4,141$3,776$3,077
10 years$4,849$4,383$3,958$3,570$3,217$2,553
11 years$4,364$3,902$3,484$3,107$2,767$2,137
12 years$3,959$3,502$3,092$2,725$2,398$1,801
13 years$3,617$3,165$2,763$2,406$2,091$1,527
14 years$3,324$2,877$2,482$2,136$1,833$1,300
15 years$3,070$2,628$2,241$1,905$1,614$1,111
16 years$2,849$2,411$2,032$1,705$1,426$953
17 years$2,653$2,221$1,849$1,532$1,265$820
18 years$2,480$2,052$1,688$1,381$1,124$706
19 years$2,325$1,902$1,545$1,248$1,002$610
20 years$2,185$1,767$1,418$1,130$895$528
21 years$2,059$1,646$1,304$1,026$801$457
22 years$1,945$1,537$1,202$933$718$396
23 years$1,841$1,437$1,110$849$645$344
24 years$1,745$1,347$1,027$775$579$299
25 years$1,658$1,264$951$707$521$260
26 years$1,577$1,188$882$647$470$226
27 years$1,502$1,118$819$592$423$197
28 years$1,433$1,053$761$542$382$172
29 years$1,369$994$708$497$345$150
30 years$1,309$938$660$456$312$130
31 years$1,253$887$615$419$282$114
32 years$1,201$839$574$385$255$99
33 years$1,152$795$536$354$231$87
34 years$1,105$753$501$326$209$76
35 years$1,062$715$468$300$189$66
36 years$1,021$678$438$276$171$58
37 years$983$644$410$255$155$50
38 years$946$612$384$235$141$44
39 years$912$582$360$216$128$38
40 years$879$554$337$200$116$34
41 years$848$527$316$184$105$29
42 years$819$502$296$170$95$26
43 years$791$478$278$157$87$22
44 years$764$456$261$145$79$20
45 years$739$435$245$134$71$17
46 years$714$415$230$124$65$15
47 years$691$396$216$114$59$13
48 years$669$378$203$106$53$11
49 years$648$361$191$98$49$10
50 years$628$345$180$90$44$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $643,000, adding $4,530 every year, while hoping to spend $21,806 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: 46/40/14 Blend
44$643,000$643,000$643,000$643,000
45$713,259$679,180$669,213$743,045
46$762,810$689,258$668,430$774,264
47$816,684$699,099$666,891$805,532
48$875,300$708,669$664,545$838,975
49$939,116$717,930$661,344$874,804
50$1,008,640$726,843$657,233$913,249
51$1,084,429$735,365$652,157$954,568
52$1,167,094$743,451$646,058$999,043
53$1,257,310$751,053$638,874$1,046,989
54$1,355,821$758,120$630,541$1,098,750
55$1,463,443$764,596$620,992$1,154,709
56$1,581,076$770,424$610,158$1,215,286
57$1,709,712$775,540$597,964$1,280,947
58$1,850,440$779,879$584,333$1,352,206
59$2,004,462$783,370$569,185$1,429,632
60$2,173,100$785,939$552,436$1,513,851
61$2,357,812$787,505$533,998$1,605,554
62$2,560,200$787,984$513,779$1,705,507
63$2,782,032$787,287$491,681$1,814,554
64$3,025,252$785,317$467,606$1,933,625
65$3,292,003$781,973$441,446$2,063,749
66$3,584,645$777,147$413,092$2,206,062
67$3,905,778$770,727$382,430$2,361,817
68$4,258,265$762,590$349,339$2,532,397
69$4,645,260$752,608$313,693$2,719,329
70$5,070,236$740,646$275,362$2,924,299
71$5,537,021$726,559$234,208$3,149,166
72$6,049,832$710,195$190,089$3,395,983
73$6,613,313$691,392$142,854$3,667,015
74$7,232,580$669,980$92,349$3,964,762
75$7,913,271$645,776$38,410$4,291,982
76$8,661,595$618,590$0$4,651,717
77$9,484,396$588,219$0$5,050,188
78$10,389,211$554,448$0$5,494,546
79$11,384,345$517,051$0$5,983,162
80$12,478,949$475,787$0$6,520,575
81$13,683,105$430,404$0$7,111,789
82$15,007,920$380,632$0$7,762,321
83$16,465,635$326,190$0$8,478,258
84$18,069,734$266,778$0$9,266,310
85$19,835,077$202,080$0$10,133,875
86$21,778,035$131,762$0$11,089,114
87$23,916,647$55,471$0$12,141,022
88$26,270,791$0$0$13,299,519
89$28,862,370$0$0$14,587,501
90$31,715,516$0$0$16,032,450
91$34,856,822$0$0$17,623,430
92$38,315,591$0$0$19,375,294
93$42,124,110$0$0$21,304,408
94$46,317,959$0$0$23,428,806
95$50,936,341$0$0$25,768,360
96$56,022,459$0$0$28,344,967
97$61,623,914$0$0$31,182,758
98$67,793,164$0$0$34,308,321
99$74,588,010$0$0$37,750,957
100$82,072,150$0$0$41,542,952