Can I retire at age 45 with 652,000?

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 $652,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$53,842$53,362$52,894$52,437$51,991$49,929
2 years$26,654$26,158$25,677$25,210$24,758$22,705
3 years$17,593$17,094$16,615$16,152$15,707$13,729
4 years$13,063$12,566$12,091$11,637$11,203$9,315
5 years$10,346$9,852$9,383$8,938$8,516$6,723
6 years$8,535$8,045$7,583$7,148$6,738$5,041
7 years$7,242$6,756$6,302$5,877$5,480$3,878
8 years$6,273$5,791$5,344$4,930$4,546$3,037
9 years$5,520$5,042$4,603$4,199$3,829$2,411
10 years$4,917$4,445$4,013$3,620$3,262$1,933
11 years$4,425$3,957$3,533$3,150$2,806$1,562
12 years$4,014$3,551$3,135$2,763$2,431$1,269
13 years$3,668$3,209$2,801$2,439$2,120$1,037
14 years$3,371$2,917$2,517$2,165$1,858$850
15 years$3,113$2,665$2,272$1,931$1,636$699
16 years$2,889$2,445$2,060$1,729$1,446$576
17 years$2,690$2,252$1,875$1,554$1,282$476
18 years$2,515$2,081$1,711$1,400$1,140$394
19 years$2,357$1,928$1,567$1,265$1,016$326
20 years$2,216$1,792$1,438$1,146$908$271
21 years$2,088$1,669$1,323$1,040$812$225
22 years$1,972$1,558$1,219$946$728$187
23 years$1,867$1,457$1,126$861$654$155
24 years$1,770$1,365$1,041$785$587$129
25 years$1,681$1,281$964$717$529$107
26 years$1,599$1,204$894$656$476$89
27 years$1,523$1,133$830$600$429$75
28 years$1,453$1,068$772$550$387$62
29 years$1,388$1,007$718$504$350$52
30 years$1,327$951$669$463$316$43
31 years$1,270$899$624$425$286$36
32 years$1,217$851$582$391$258$30
33 years$1,168$806$543$359$234$25
34 years$1,121$764$508$331$212$21
35 years$1,077$725$475$304$192$17
36 years$1,036$688$444$280$174$14
37 years$996$653$416$258$158$12
38 years$959$621$389$238$143$10
39 years$925$590$365$219$130$8
40 years$891$562$342$202$117$7
41 years$860$535$320$187$107$6
42 years$830$509$301$172$97$5
43 years$802$485$282$159$88$4
44 years$775$462$265$147$80$3
45 years$749$441$249$136$72$3
46 years$724$421$234$125$66$2
47 years$701$401$219$116$60$2
48 years$679$383$206$107$54$2
49 years$657$366$194$99$49$1
50 years$637$350$182$91$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $652,000, adding $2,685 every year, while hoping to spend $53,287 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: 63/7/30 Blend
44$652,000$652,000$652,000$652,000
45$721,274$686,718$676,612$760,745
46$738,147$663,670$642,581$764,839
47$754,955$637,707$605,625$763,282
48$771,635$608,629$565,588$760,457
49$788,116$576,227$522,310$756,249
50$804,319$540,276$475,622$750,535
51$820,152$500,543$425,348$743,179
52$835,514$456,776$371,304$734,037
53$850,293$408,714$313,299$722,951
54$864,360$356,078$251,131$709,749
55$877,572$298,574$184,592$694,247
56$889,772$235,891$113,463$676,244
57$900,780$167,702$37,516$655,522
58$910,400$93,659$0$631,843
59$918,409$13,397$0$618,886
60$924,562$0$0$616,159
61$928,586$0$0$617,078
62$930,177$0$0$617,312
63$928,996$0$0$615,596
64$924,669$0$0$611,667
65$916,780$0$0$605,235
66$904,866$0$0$595,979
67$888,416$0$0$583,544
68$866,863$0$0$567,533
69$839,578$0$0$547,510
70$805,865$0$0$522,990
71$764,954$0$0$493,438
72$715,992$0$0$458,260
73$658,036$0$0$416,800
74$590,043$0$0$368,334
75$510,858$0$0$312,057
76$419,206$0$0$247,085
77$313,677$0$0$172,436
78$192,713$0$0$87,027
79$54,592$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$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