Can I retire at age 45 with 652,000?

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 $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%13.7%
1 years$53,842$53,362$52,894$52,437$51,991$51,193
2 years$26,654$26,158$25,677$25,210$24,758$23,956
3 years$17,593$17,094$16,615$16,152$15,707$14,926
4 years$13,063$12,566$12,091$11,637$11,203$10,448
5 years$10,346$9,852$9,383$8,938$8,516$7,791
6 years$8,535$8,045$7,583$7,148$6,738$6,043
7 years$7,242$6,756$6,302$5,877$5,480$4,815
8 years$6,273$5,791$5,344$4,930$4,546$3,911
9 years$5,520$5,042$4,603$4,199$3,829$3,224
10 years$4,917$4,445$4,013$3,620$3,262$2,686
11 years$4,425$3,957$3,533$3,150$2,806$2,258
12 years$4,014$3,551$3,135$2,763$2,431$1,912
13 years$3,668$3,209$2,801$2,439$2,120$1,628
14 years$3,371$2,917$2,517$2,165$1,858$1,393
15 years$3,113$2,665$2,272$1,931$1,636$1,197
16 years$2,889$2,445$2,060$1,729$1,446$1,031
17 years$2,690$2,252$1,875$1,554$1,282$891
18 years$2,515$2,081$1,711$1,400$1,140$772
19 years$2,357$1,928$1,567$1,265$1,016$670
20 years$2,216$1,792$1,438$1,146$908$583
21 years$2,088$1,669$1,323$1,040$812$507
22 years$1,972$1,558$1,219$946$728$442
23 years$1,867$1,457$1,126$861$654$386
24 years$1,770$1,365$1,041$785$587$337
25 years$1,681$1,281$964$717$529$295
26 years$1,599$1,204$894$656$476$258
27 years$1,523$1,133$830$600$429$226
28 years$1,453$1,068$772$550$387$198
29 years$1,388$1,007$718$504$350$174
30 years$1,327$951$669$463$316$152
31 years$1,270$899$624$425$286$134
32 years$1,217$851$582$391$258$117
33 years$1,168$806$543$359$234$103
34 years$1,121$764$508$331$212$90
35 years$1,077$725$475$304$192$79
36 years$1,036$688$444$280$174$70
37 years$996$653$416$258$158$61
38 years$959$621$389$238$143$54
39 years$925$590$365$219$130$47
40 years$891$562$342$202$117$42
41 years$860$535$320$187$107$36
42 years$830$509$301$172$97$32
43 years$802$485$282$159$88$28
44 years$775$462$265$147$80$25
45 years$749$441$249$136$72$22
46 years$724$421$234$125$66$19
47 years$701$401$219$116$60$17
48 years$679$383$206$107$54$15
49 years$657$366$194$99$49$13
50 years$637$350$182$91$45$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $652,000, adding $5,729 every year, while hoping to spend $54,205 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: 49/27/24 Blend
44$652,000$652,000$652,000$652,000
45$724,413$689,857$679,751$754,742
46$740,630$665,987$644,849$752,610
47$756,684$639,130$606,961$744,404
48$772,501$609,083$565,930$734,391
49$787,999$575,630$521,592$722,425
50$803,084$538,545$473,774$708,348
51$817,650$497,586$422,297$691,991
52$831,581$452,498$366,975$673,172
53$844,745$403,013$307,611$651,696
54$856,994$348,846$244,001$627,352
55$868,164$289,696$175,932$599,912
56$878,072$225,246$103,181$569,134
57$886,513$155,161$25,515$534,755
58$893,260$79,087$0$496,490
59$898,059$0$0$468,726
60$900,629$0$0$445,365
61$900,657$0$0$444,090
62$897,794$0$0$441,213
63$891,656$0$0$436,526
64$881,813$0$0$429,795
65$867,792$0$0$420,763
66$849,065$0$0$409,145
67$825,050$0$0$394,623
68$795,101$0$0$376,849
69$758,503$0$0$355,433
70$714,465$0$0$329,948
71$662,110$0$0$299,918
72$600,470$0$0$264,819
73$528,475$0$0$224,071
74$444,938$0$0$177,032
75$348,551$0$0$122,994
76$237,867$0$0$61,172
77$111,287$0$0$0
78$0$0$0$0
79$0$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