Can I retire at age 45 with 644,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $644,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$53,181$52,707$52,245$51,794$51,353$50,011
2 years$26,327$25,837$25,362$24,901$24,454$23,110
3 years$17,377$16,885$16,411$15,954$15,515$14,212
4 years$12,903$12,412$11,943$11,494$11,065$9,814
5 years$10,219$9,731$9,268$8,829$8,412$7,215
6 years$8,431$7,946$7,490$7,060$6,656$5,515
7 years$7,153$6,673$6,224$5,805$5,413$4,328
8 years$6,196$5,720$5,279$4,869$4,491$3,461
9 years$5,452$4,980$4,546$4,148$3,782$2,806
10 years$4,857$4,390$3,964$3,575$3,222$2,300
11 years$4,370$3,908$3,490$3,112$2,771$1,901
12 years$3,965$3,508$3,097$2,729$2,401$1,581
13 years$3,623$3,170$2,767$2,410$2,094$1,323
14 years$3,329$2,881$2,486$2,139$1,836$1,111
15 years$3,075$2,632$2,245$1,908$1,616$937
16 years$2,853$2,415$2,035$1,708$1,428$792
17 years$2,657$2,224$1,852$1,535$1,267$671
18 years$2,484$2,055$1,690$1,383$1,126$570
19 years$2,328$1,905$1,548$1,250$1,004$485
20 years$2,189$1,770$1,420$1,132$897$413
21 years$2,063$1,649$1,306$1,027$802$353
22 years$1,948$1,539$1,204$934$719$301
23 years$1,844$1,439$1,112$851$646$257
24 years$1,748$1,349$1,028$776$580$220
25 years$1,660$1,266$952$708$522$188
26 years$1,579$1,189$883$648$470$161
27 years$1,505$1,119$820$593$424$138
28 years$1,435$1,055$762$543$383$118
29 years$1,371$995$709$498$346$102
30 years$1,311$940$661$457$312$87
31 years$1,255$888$616$420$282$75
32 years$1,202$841$575$386$255$64
33 years$1,153$796$537$355$231$55
34 years$1,107$754$501$327$209$47
35 years$1,064$716$469$301$189$41
36 years$1,023$679$439$277$172$35
37 years$984$645$411$255$156$30
38 years$948$613$384$235$141$26
39 years$913$583$360$217$128$22
40 years$880$555$338$200$116$19
41 years$849$528$317$184$105$16
42 years$820$503$297$170$96$14
43 years$792$479$279$157$87$12
44 years$765$457$262$145$79$10
45 years$740$435$246$134$71$9
46 years$715$415$231$124$65$8
47 years$692$396$217$114$59$7
48 years$670$378$204$106$53$6
49 years$649$361$191$98$49$5
50 years$629$345$180$90$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $644,000, adding $4,789 every year, while hoping to spend $41,779 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: 67/13/20 Blend
44$644,000$644,000$644,000$644,000
45$714,628$680,496$670,514$758,631
46$743,067$669,388$648,524$777,589
47$773,007$656,335$624,396$793,042
48$804,557$641,198$598,016$808,937
49$837,835$623,830$569,263$825,317
50$872,970$604,074$538,009$842,230
51$910,104$581,764$504,124$859,730
52$949,391$556,727$467,468$877,879
53$990,998$528,775$427,897$896,745
54$1,035,109$497,715$385,261$916,407
55$1,081,925$463,338$339,402$936,952
56$1,131,665$425,425$290,156$958,479
57$1,184,569$383,745$237,351$981,097
58$1,240,900$338,054$180,807$1,004,930
59$1,300,945$288,091$120,337$1,030,117
60$1,365,019$233,586$55,746$1,056,812
61$1,433,467$174,247$0$1,085,188
62$1,506,667$109,772$0$1,118,254
63$1,585,034$39,837$0$1,166,290
64$1,669,021$0$0$1,217,677
65$1,759,128$0$0$1,277,867
66$1,855,902$0$0$1,348,659
67$1,959,943$0$0$1,424,795
68$2,071,910$0$0$1,506,762
69$2,192,528$0$0$1,595,094
70$2,322,592$0$0$1,690,378
71$2,462,974$0$0$1,793,256
72$2,614,634$0$0$1,904,438
73$2,778,628$0$0$2,024,700
74$2,956,114$0$0$2,154,899
75$3,148,367$0$0$2,295,974
76$3,356,788$0$0$2,448,958
77$3,582,917$0$0$2,614,989
78$3,828,449$0$0$2,795,317
79$4,095,247$0$0$2,991,317
80$4,385,362$0$0$3,204,501
81$4,701,050$0$0$3,436,534
82$5,044,792$0$0$3,689,247
83$5,419,319$0$0$3,964,656
84$5,827,636$0$0$4,264,979
85$6,273,051$0$0$4,592,656
86$6,759,205$0$0$4,950,375
87$7,290,106$0$0$5,341,094
88$7,870,164$0$0$5,768,067
89$8,504,237$0$0$6,234,880
90$9,197,672$0$0$6,745,481
91$9,956,356$0$0$7,304,214
92$10,786,772$0$0$7,915,864
93$11,696,060$0$0$8,585,701
94$12,692,079$0$0$9,319,528
95$13,783,487$0$0$10,123,735
96$14,979,819$0$0$11,005,360
97$16,291,574$0$0$11,972,154
98$17,730,319$0$0$13,032,655
99$19,308,792$0$0$14,196,266
100$21,041,023$0$0$15,473,346