Can I retire at age 45 with 664,000?

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 $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%14%
1 years$54,832$54,344$53,868$53,402$52,948$52,071
2 years$27,145$26,639$26,149$25,674$25,213$24,332
3 years$17,917$17,409$16,920$16,450$15,996$15,139
4 years$13,304$12,797$12,314$11,851$11,409$10,581
5 years$10,537$10,033$9,556$9,103$8,673$7,878
6 years$8,692$8,193$7,723$7,280$6,862$6,101
7 years$7,376$6,880$6,418$5,985$5,581$4,853
8 years$6,389$5,898$5,443$5,021$4,630$3,935
9 years$5,621$5,135$4,688$4,276$3,899$3,237
10 years$5,008$4,526$4,087$3,686$3,322$2,693
11 years$4,506$4,030$3,598$3,208$2,857$2,260
12 years$4,088$3,617$3,193$2,814$2,476$1,909
13 years$3,735$3,268$2,853$2,484$2,159$1,623
14 years$3,433$2,971$2,563$2,205$1,893$1,386
15 years$3,171$2,714$2,314$1,967$1,666$1,188
16 years$2,942$2,490$2,098$1,761$1,473$1,021
17 years$2,740$2,293$1,909$1,582$1,306$881
18 years$2,561$2,119$1,743$1,426$1,161$761
19 years$2,401$1,964$1,596$1,288$1,035$659
20 years$2,257$1,825$1,464$1,167$924$572
21 years$2,127$1,700$1,347$1,059$827$497
22 years$2,009$1,587$1,241$963$742$432
23 years$1,901$1,484$1,146$877$666$377
24 years$1,802$1,390$1,060$800$598$328
25 years$1,712$1,305$982$730$538$286
26 years$1,628$1,226$911$668$485$250
27 years$1,551$1,154$846$611$437$218
28 years$1,480$1,088$786$560$395$191
29 years$1,413$1,026$732$514$356$167
30 years$1,352$969$681$471$322$146
31 years$1,294$916$635$433$291$128
32 years$1,240$867$593$398$263$112
33 years$1,189$821$553$366$238$98
34 years$1,142$778$517$337$216$86
35 years$1,097$738$483$310$195$75
36 years$1,055$700$452$285$177$66
37 years$1,015$665$423$263$160$58
38 years$977$632$396$242$145$51
39 years$942$601$371$223$132$44
40 years$908$572$348$206$120$39
41 years$876$544$326$190$109$34
42 years$845$518$306$176$98$30
43 years$816$494$287$162$89$26
44 years$789$471$270$150$81$23
45 years$763$449$253$138$74$20
46 years$738$428$238$128$67$18
47 years$714$409$223$118$61$15
48 years$691$390$210$109$55$14
49 years$669$373$197$101$50$12
50 years$648$356$186$93$45$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $664,000, adding $6,099 every year, while hoping to spend $38,953 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: 72/20/8 Blend
44$664,000$664,000$664,000$664,000
45$738,019$702,827$692,535$789,745
46$771,851$695,820$674,289$817,712
47$807,829$687,164$654,127$842,887
48$846,130$676,737$631,942$869,370
49$886,948$664,410$607,625$897,280
50$930,497$650,046$581,061$926,747
51$977,010$633,501$552,129$957,915
52$1,026,742$614,620$520,703$990,947
53$1,079,975$593,242$486,651$1,026,018
54$1,137,016$569,194$449,837$1,063,327
55$1,198,201$542,294$410,117$1,103,090
56$1,263,902$512,350$367,339$1,145,549
57$1,334,523$479,159$321,349$1,190,970
58$1,410,512$442,505$271,982$1,239,648
59$1,492,357$402,161$219,066$1,291,911
60$1,580,597$357,887$162,424$1,348,120
61$1,675,822$309,427$101,869$1,408,675
62$1,778,681$256,514$37,207$1,474,019
63$1,889,887$198,864$0$1,544,641
64$2,010,225$136,177$0$1,623,797
65$2,140,555$68,137$0$1,712,939
66$2,281,825$0$0$1,809,568
67$2,435,077$0$0$1,915,668
68$2,601,457$0$0$2,047,163
69$2,782,225$0$0$2,190,058
70$2,978,767$0$0$2,345,452
71$3,192,608$0$0$2,514,554
72$3,425,426$0$0$2,698,696
73$3,679,067$0$0$2,899,341
74$3,955,564$0$0$3,118,101
75$4,257,152$0$0$3,356,750
76$4,586,293$0$0$3,617,241
77$4,945,695$0$0$3,901,722
78$5,338,343$0$0$4,212,558
79$5,767,518$0$0$4,552,356
80$6,236,836$0$0$4,923,981
81$6,750,277$0$0$5,330,591
82$7,312,223$0$0$5,775,664
83$7,927,501$0$0$6,263,026
84$8,601,423$0$0$6,796,893
85$9,339,844$0$0$7,381,909
86$10,149,207$0$0$8,023,187
87$11,036,612$0$0$8,726,356
88$12,009,875$0$0$9,497,621
89$13,077,608$0$0$10,343,811
90$14,249,297$0$0$11,272,452
91$15,535,387$0$0$12,291,832
92$16,947,387$0$0$13,411,080
93$18,497,974$0$0$14,640,255
94$20,201,112$0$0$15,990,435
95$22,072,186$0$0$17,473,824
96$24,128,141$0$0$19,103,869
97$26,387,649$0$0$20,895,381
98$28,871,277$0$0$22,864,680
99$31,601,686$0$0$25,029,743
100$34,603,842$0$0$27,410,378