Can I retire at age 45 with 665,000?

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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$54,915$54,426$53,949$53,483$53,028$51,290
2 years$27,186$26,679$26,189$25,713$25,251$23,517
3 years$17,944$17,435$16,946$16,475$16,021$14,344
4 years$13,324$12,817$12,332$11,869$11,426$9,820
5 years$10,552$10,049$9,570$9,117$8,686$7,155
6 years$8,705$8,205$7,734$7,291$6,873$5,418
7 years$7,387$6,891$6,427$5,994$5,589$4,211
8 years$6,398$5,907$5,451$5,028$4,637$3,334
9 years$5,630$5,143$4,695$4,283$3,905$2,676
10 years$5,015$4,533$4,093$3,692$3,327$2,170
11 years$4,513$4,036$3,603$3,213$2,862$1,774
12 years$4,094$3,622$3,198$2,818$2,480$1,459
13 years$3,741$3,273$2,857$2,488$2,162$1,206
14 years$3,438$2,975$2,567$2,209$1,896$1,002
15 years$3,175$2,718$2,318$1,970$1,669$834
16 years$2,946$2,494$2,101$1,764$1,475$697
17 years$2,744$2,297$1,912$1,585$1,308$583
18 years$2,565$2,122$1,746$1,428$1,163$489
19 years$2,404$1,967$1,598$1,290$1,037$411
20 years$2,260$1,828$1,467$1,169$926$346
21 years$2,130$1,702$1,349$1,061$829$291
22 years$2,012$1,589$1,243$964$743$245
23 years$1,904$1,486$1,148$878$667$207
24 years$1,805$1,393$1,062$801$599$175
25 years$1,714$1,307$983$732$539$147
26 years$1,631$1,228$912$669$486$124
27 years$1,554$1,156$847$612$438$105
28 years$1,482$1,089$787$561$395$89
29 years$1,416$1,028$733$514$357$75
30 years$1,354$970$682$472$322$64
31 years$1,296$917$636$434$291$54
32 years$1,242$868$594$398$264$45
33 years$1,191$822$554$366$239$38
34 years$1,143$779$518$337$216$33
35 years$1,098$739$484$310$196$28
36 years$1,056$701$453$286$177$23
37 years$1,016$666$424$263$161$20
38 years$979$633$397$243$146$17
39 years$943$602$372$224$132$14
40 years$909$573$349$206$120$12
41 years$877$545$327$190$109$10
42 years$847$519$307$176$99$9
43 years$818$495$288$162$90$7
44 years$790$472$270$150$81$6
45 years$764$450$254$138$74$5
46 years$739$429$238$128$67$4
47 years$715$409$224$118$61$4
48 years$692$391$210$109$55$3
49 years$670$373$198$101$50$3
50 years$649$357$186$93$46$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $665,000, adding $4,522 every year, while hoping to spend $38,005 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: 27/45/28 Blend
44$665,000$665,000$665,000$665,000
45$737,494$702,249$691,942$750,890
46$772,282$696,223$674,685$756,062
47$809,344$688,627$655,576$758,049
48$848,872$679,345$634,513$759,411
49$891,077$668,253$611,389$760,121
50$936,189$655,219$586,093$760,153
51$984,461$640,105$558,507$759,483
52$1,036,168$622,763$528,510$758,089
53$1,091,616$603,037$495,973$755,950
54$1,151,136$580,761$460,764$753,049
55$1,215,095$555,762$422,743$749,372
56$1,283,894$527,853$381,764$744,910
57$1,357,974$496,841$337,676$739,656
58$1,437,818$462,517$290,319$733,612
59$1,523,959$424,663$239,527$726,784
60$1,616,979$383,048$185,128$719,187
61$1,717,521$337,427$126,940$710,844
62$1,826,290$287,543$64,774$701,790
63$1,944,061$233,122$0$692,068
64$2,071,687$173,877$0$682,205
65$2,210,104$109,502$0$692,489
66$2,360,344$39,677$0$703,702
67$2,523,540$0$0$716,019
68$2,700,939$0$0$747,439
69$2,893,912$0$0$803,086
70$3,103,970$0$0$863,760
71$3,332,771$0$0$929,955
72$3,582,145$0$0$1,002,210
73$3,854,102$0$0$1,081,124
74$4,150,856$0$0$1,167,353
75$4,474,843$0$0$1,261,620
76$4,828,746$0$0$1,364,721
77$5,215,517$0$0$1,477,532
78$5,638,407$0$0$1,601,019
79$6,100,996$0$0$1,736,243
80$6,607,224$0$0$1,884,376
81$7,161,431$0$0$2,046,707
82$7,768,396$0$0$2,224,654
83$8,433,381$0$0$2,419,781
84$9,162,181$0$0$2,633,809
85$9,961,180$0$0$2,868,635
86$10,837,407$0$0$3,126,349
87$11,798,605$0$0$3,409,250
88$12,853,302$0$0$3,719,873
89$14,010,893$0$0$4,061,011
90$15,281,724$0$0$4,435,739
91$16,677,194$0$0$4,847,445
92$18,209,860$0$0$5,299,861
93$19,893,552$0$0$5,797,101
94$21,743,509$0$0$6,343,693
95$23,776,518$0$0$6,944,630
96$26,011,071$0$0$7,605,409
97$28,467,542$0$0$8,332,089
98$31,168,380$0$0$9,131,344
99$34,138,313$0$0$10,010,530
100$37,404,588$0$0$10,977,747