Can I retire at age 45 with 664,000?

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 $664,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$54,832$54,344$53,868$53,402$52,948$52,461
2 years$27,145$26,639$26,149$25,674$25,213$24,722
3 years$17,917$17,409$16,920$16,450$15,996$15,517
4 years$13,304$12,797$12,314$11,851$11,409$10,945
5 years$10,537$10,033$9,556$9,103$8,673$8,225
6 years$8,692$8,193$7,723$7,280$6,862$6,432
7 years$7,376$6,880$6,418$5,985$5,581$5,168
8 years$6,389$5,898$5,443$5,021$4,630$4,234
9 years$5,621$5,135$4,688$4,276$3,899$3,521
10 years$5,008$4,526$4,087$3,686$3,322$2,961
11 years$4,506$4,030$3,598$3,208$2,857$2,512
12 years$4,088$3,617$3,193$2,814$2,476$2,148
13 years$3,735$3,268$2,853$2,484$2,159$1,847
14 years$3,433$2,971$2,563$2,205$1,893$1,596
15 years$3,171$2,714$2,314$1,967$1,666$1,385
16 years$2,942$2,490$2,098$1,761$1,473$1,206
17 years$2,740$2,293$1,909$1,582$1,306$1,053
18 years$2,561$2,119$1,743$1,426$1,161$922
19 years$2,401$1,964$1,596$1,288$1,035$809
20 years$2,257$1,825$1,464$1,167$924$711
21 years$2,127$1,700$1,347$1,059$827$626
22 years$2,009$1,587$1,241$963$742$552
23 years$1,901$1,484$1,146$877$666$488
24 years$1,802$1,390$1,060$800$598$431
25 years$1,712$1,305$982$730$538$382
26 years$1,628$1,226$911$668$485$338
27 years$1,551$1,154$846$611$437$299
28 years$1,480$1,088$786$560$395$265
29 years$1,413$1,026$732$514$356$236
30 years$1,352$969$681$471$322$209
31 years$1,294$916$635$433$291$186
32 years$1,240$867$593$398$263$165
33 years$1,189$821$553$366$238$147
34 years$1,142$778$517$337$216$130
35 years$1,097$738$483$310$195$116
36 years$1,055$700$452$285$177$103
37 years$1,015$665$423$263$160$92
38 years$977$632$396$242$145$82
39 years$942$601$371$223$132$73
40 years$908$572$348$206$120$65
41 years$876$544$326$190$109$58
42 years$845$518$306$176$98$51
43 years$816$494$287$162$89$46
44 years$789$471$270$150$81$41
45 years$763$449$253$138$74$36
46 years$738$428$238$128$67$32
47 years$714$409$223$118$61$29
48 years$691$390$210$109$55$26
49 years$669$373$197$101$50$23
50 years$648$356$186$93$45$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $664,000, adding $6,222 every year, while hoping to spend $21,305 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: 55/40/5 Blend
44$664,000$664,000$664,000$664,000
45$738,146$702,954$692,662$777,646
46$790,769$714,730$693,198$816,761
47$848,045$726,370$693,038$856,406
48$910,426$737,843$692,135$899,040
49$978,411$749,119$690,443$944,949
50$1,052,546$760,163$687,911$994,446
51$1,133,435$770,940$684,485$1,047,881
52$1,221,741$781,412$680,111$1,105,635
53$1,318,194$791,536$674,730$1,168,132
54$1,423,598$801,270$668,281$1,235,837
55$1,538,838$810,565$660,702$1,309,263
56$1,664,889$819,372$651,924$1,388,977
57$1,802,823$827,636$641,879$1,475,603
58$1,953,822$835,301$630,493$1,569,829
59$2,119,186$842,306$617,689$1,672,415
60$2,300,350$848,585$603,388$1,784,196
61$2,498,889$854,070$587,506$1,906,097
62$2,716,543$858,687$569,954$2,039,135
63$2,955,225$862,356$550,642$2,184,433
64$3,217,042$864,996$529,473$2,343,227
65$3,504,317$866,518$506,347$2,516,885
66$3,819,607$866,826$481,159$2,706,909
67$4,165,728$865,822$453,799$2,914,961
68$4,545,784$863,400$424,153$3,142,871
69$4,963,193$859,446$392,102$3,392,656
70$5,421,721$853,840$357,519$3,666,544
71$5,925,516$846,458$320,275$3,966,987
72$6,479,147$837,162$280,233$4,296,694
73$7,087,649$825,813$237,250$4,658,647
74$7,756,569$812,257$191,177$5,056,138
75$8,492,017$796,335$141,860$5,492,796
76$9,300,725$777,878$89,135$5,972,621
77$10,190,111$756,707$32,833$6,500,024
78$11,168,347$732,630$0$7,079,872
79$12,244,436$705,447$0$7,718,979
80$13,428,300$674,945$0$8,423,772
81$14,730,868$640,898$0$9,199,025
82$16,164,183$603,069$0$10,051,939
83$17,741,516$561,206$0$10,990,451
84$19,477,488$515,042$0$12,023,310
85$21,388,208$464,295$0$13,160,164
86$23,491,428$408,669$0$14,411,646
87$25,806,708$347,847$0$15,789,480
88$28,355,599$281,499$0$17,306,589
89$31,161,851$209,273$0$18,977,220
90$34,251,631$130,799$0$20,817,077
91$37,653,773$45,684$0$22,843,473
92$41,400,051$0$0$25,075,492
93$45,525,475$0$0$27,554,632
94$50,068,625$0$0$30,307,027
95$55,072,012$0$0$33,338,333
96$60,582,481$0$0$36,676,943
97$66,651,651$0$0$40,354,141
98$73,336,404$0$0$44,404,402
99$80,699,419$0$0$48,865,714
100$88,809,767$0$0$53,779,941