Can I retire at age 45 with 666,000?

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 $666,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$54,998$54,508$54,030$53,563$53,108$51,824
2 years$27,227$26,719$26,228$25,752$25,289$24,004
3 years$17,971$17,461$16,971$16,499$16,045$14,797
4 years$13,344$12,836$12,351$11,887$11,443$10,244
5 years$10,568$10,064$9,585$9,130$8,699$7,551
6 years$8,719$8,218$7,746$7,302$6,883$5,787
7 years$7,398$6,901$6,437$6,003$5,598$4,554
8 years$6,408$5,916$5,459$5,036$4,644$3,653
9 years$5,638$5,151$4,702$4,289$3,911$2,971
10 years$5,023$4,540$4,099$3,697$3,332$2,443
11 years$4,520$4,042$3,609$3,218$2,866$2,025
12 years$4,101$3,628$3,203$2,823$2,483$1,690
13 years$3,746$3,278$2,861$2,492$2,166$1,418
14 years$3,443$2,980$2,571$2,212$1,898$1,196
15 years$3,180$2,722$2,321$1,973$1,672$1,011
16 years$2,951$2,498$2,105$1,766$1,477$858
17 years$2,748$2,300$1,915$1,587$1,310$730
18 years$2,569$2,125$1,748$1,430$1,165$622
19 years$2,408$1,970$1,600$1,292$1,038$531
20 years$2,264$1,830$1,469$1,170$927$455
21 years$2,133$1,705$1,351$1,062$830$389
22 years$2,015$1,592$1,245$966$744$334
23 years$1,907$1,489$1,150$880$668$286
24 years$1,808$1,395$1,063$802$600$246
25 years$1,717$1,309$985$733$540$211
26 years$1,633$1,230$913$670$486$182
27 years$1,556$1,158$848$613$439$156
28 years$1,484$1,091$788$562$396$134
29 years$1,418$1,029$734$515$357$116
30 years$1,356$972$683$473$323$100
31 years$1,298$919$637$434$292$86
32 years$1,244$869$594$399$264$74
33 years$1,193$823$555$367$239$64
34 years$1,145$780$519$338$216$55
35 years$1,100$740$485$311$196$47
36 years$1,058$702$454$286$178$41
37 years$1,018$667$425$264$161$35
38 years$980$634$398$243$146$30
39 years$944$603$372$224$132$26
40 years$911$574$349$207$120$23
41 years$878$546$327$191$109$19
42 years$848$520$307$176$99$17
43 years$819$495$288$163$90$14
44 years$791$472$270$150$81$13
45 years$765$450$254$139$74$11
46 years$740$430$239$128$67$9
47 years$716$410$224$118$61$8
48 years$693$391$211$109$55$7
49 years$671$374$198$101$50$6
50 years$650$357$186$93$46$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $666,000, adding $3,030 every year, while hoping to spend $58,146 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: 57/24/19 Blend
44$666,000$666,000$666,000$666,000
45$737,057$701,759$691,436$775,186
46$750,370$674,279$652,733$773,986
47$763,092$643,503$610,784$766,141
48$775,102$609,208$565,419$756,296
49$786,263$571,160$516,461$744,272
50$796,424$529,109$463,724$729,875
51$805,414$482,791$407,015$712,894
52$813,046$431,927$346,129$693,100
53$819,110$376,224$280,857$670,247
54$823,370$315,370$210,977$644,065
55$825,567$249,037$136,258$614,263
56$825,412$176,877$56,460$580,526
57$822,584$98,524$0$542,510
58$816,727$13,590$0$505,660
59$807,444$0$0$476,347
60$794,298$0$0$463,416
61$776,803$0$0$451,308
62$754,420$0$0$436,094
63$726,553$0$0$417,399
64$692,541$0$0$394,808
65$651,655$0$0$367,859
66$603,086$0$0$336,044
67$545,938$0$0$298,800
68$479,224$0$0$255,504
69$401,849$0$0$205,468
70$312,605$0$0$147,931
71$210,156$0$0$82,053
72$93,025$0$0$6,905
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$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