Can I retire at age 45 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$54,750$54,262$53,786$53,322$52,869$50,791
2 years$27,104$26,599$26,110$25,636$25,176$23,108
3 years$17,890$17,383$16,895$16,425$15,972$13,980
4 years$13,284$12,778$12,295$11,833$11,392$9,489
5 years$10,521$10,018$9,542$9,089$8,660$6,852
6 years$8,679$8,181$7,711$7,269$6,852$5,141
7 years$7,365$6,870$6,408$5,976$5,573$3,957
8 years$6,379$5,889$5,434$5,013$4,623$3,101
9 years$5,613$5,127$4,681$4,270$3,893$2,463
10 years$5,000$4,520$4,081$3,681$3,317$1,976
11 years$4,499$4,023$3,593$3,203$2,853$1,598
12 years$4,082$3,611$3,188$2,810$2,472$1,299
13 years$3,729$3,264$2,849$2,481$2,156$1,062
14 years$3,427$2,966$2,559$2,202$1,890$871
15 years$3,166$2,710$2,311$1,964$1,664$717
16 years$2,937$2,486$2,095$1,758$1,471$592
17 years$2,736$2,290$1,906$1,580$1,304$489
18 years$2,557$2,116$1,740$1,424$1,159$405
19 years$2,397$1,961$1,593$1,287$1,033$336
20 years$2,253$1,822$1,462$1,165$923$279
21 years$2,123$1,697$1,345$1,057$826$232
22 years$2,006$1,584$1,240$962$740$193
23 years$1,898$1,482$1,144$876$665$160
24 years$1,800$1,388$1,058$799$597$133
25 years$1,709$1,303$980$729$538$111
26 years$1,626$1,225$909$667$484$93
27 years$1,549$1,152$844$610$437$77
28 years$1,478$1,086$785$559$394$64
29 years$1,411$1,024$730$513$356$54
30 years$1,350$968$680$471$321$45
31 years$1,292$915$634$432$291$37
32 years$1,238$865$592$397$263$31
33 years$1,187$820$553$365$238$26
34 years$1,140$777$516$336$215$22
35 years$1,095$737$483$309$195$18
36 years$1,053$699$452$285$177$15
37 years$1,013$664$423$263$160$13
38 years$976$631$396$242$145$11
39 years$940$600$371$223$132$9
40 years$906$571$348$206$119$7
41 years$874$544$326$190$108$6
42 years$844$518$306$175$98$5
43 years$815$493$287$162$89$4
44 years$788$470$269$149$81$4
45 years$762$448$253$138$74$3
46 years$737$428$237$127$67$2
47 years$713$408$223$118$61$2
48 years$690$390$210$109$55$2
49 years$668$372$197$101$50$1
50 years$647$355$185$93$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $663,000, adding $3,662 every year, while hoping to spend $46,948 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: 23/50/27 Blend
44$663,000$663,000$663,000$663,000
45$734,403$699,264$688,988$744,949
46$759,360$683,576$662,117$738,611
47$785,289$665,545$632,772$727,627
48$812,240$645,008$600,821$714,863
49$840,265$621,791$566,125$700,202
50$869,422$595,708$528,540$683,523
51$899,772$566,567$487,915$664,696
52$931,380$534,160$444,092$643,586
53$964,317$498,270$396,905$620,050
54$998,658$458,666$346,182$593,940
55$1,034,485$415,105$291,743$565,097
56$1,071,887$367,329$233,401$533,357
57$1,110,958$315,067$170,958$498,546
58$1,151,801$258,030$104,211$460,483
59$1,194,527$195,916$32,944$418,977
60$1,239,256$128,403$0$373,828
61$1,286,119$55,154$0$337,246
62$1,335,256$0$0$307,528
63$1,386,820$0$0$288,323
64$1,440,979$0$0$300,059
65$1,497,911$0$0$312,437
66$1,557,814$0$0$325,502
67$1,620,902$0$0$339,308
68$1,687,406$0$0$353,911
69$1,757,581$0$0$369,373
70$1,831,702$0$0$385,763
71$1,910,071$0$0$403,154
72$1,993,018$0$0$421,627
73$2,080,900$0$0$441,271
74$2,174,112$0$0$462,182
75$2,273,081$0$0$484,467
76$2,378,278$0$0$508,243
77$2,490,214$0$0$533,636
78$2,609,453$0$0$560,786
79$2,736,609$0$0$589,846
80$2,872,356$0$0$620,983
81$3,017,433$0$0$654,383
82$3,172,649$0$0$690,245
83$3,338,891$0$0$728,793
84$3,517,132$0$0$770,270
85$3,708,441$0$0$814,942
86$3,913,989$0$0$863,103
87$4,135,062$0$0$915,074
88$4,373,073$0$0$971,211
89$4,629,573$0$0$1,031,902
90$4,906,265$0$0$1,097,575
91$5,205,020$0$0$1,168,699
92$5,527,895$0$0$1,245,793
93$5,877,151$0$0$1,329,423
94$6,255,270$0$0$1,420,215
95$6,664,986$0$0$1,518,856
96$7,109,300$0$0$1,626,102
97$7,591,516$0$0$1,742,786
98$8,115,265$0$0$1,869,823
99$8,684,543$0$0$2,008,220
100$9,303,746$0$0$2,159,084