Can I retire at age 45 with 667,000?

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 $667,000?

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$55,080$54,590$54,111$53,644$53,188$51,902
2 years$27,267$26,760$26,267$25,790$25,327$24,040
3 years$17,998$17,488$16,997$16,524$16,069$14,819
4 years$13,364$12,855$12,369$11,905$11,460$10,259
5 years$10,584$10,079$9,599$9,144$8,712$7,562
6 years$8,732$8,230$7,757$7,312$6,893$5,796
7 years$7,409$6,912$6,447$6,012$5,606$4,561
8 years$6,417$5,924$5,467$5,043$4,651$3,658
9 years$5,647$5,158$4,709$4,296$3,917$2,975
10 years$5,030$4,547$4,105$3,703$3,337$2,446
11 years$4,526$4,048$3,614$3,223$2,870$2,028
12 years$4,107$3,633$3,208$2,827$2,487$1,693
13 years$3,752$3,283$2,866$2,496$2,169$1,421
14 years$3,448$2,984$2,575$2,215$1,901$1,197
15 years$3,185$2,726$2,325$1,976$1,674$1,013
16 years$2,955$2,501$2,108$1,769$1,479$860
17 years$2,752$2,304$1,918$1,589$1,312$731
18 years$2,572$2,129$1,751$1,432$1,166$623
19 years$2,412$1,973$1,603$1,294$1,040$532
20 years$2,267$1,833$1,471$1,172$929$455
21 years$2,136$1,708$1,353$1,064$831$390
22 years$2,018$1,594$1,247$967$745$334
23 years$1,910$1,491$1,151$881$669$287
24 years$1,811$1,397$1,065$803$601$246
25 years$1,720$1,311$986$734$541$212
26 years$1,636$1,232$915$671$487$182
27 years$1,558$1,159$849$614$439$156
28 years$1,487$1,093$790$563$396$135
29 years$1,420$1,031$735$516$358$116
30 years$1,358$973$684$474$323$100
31 years$1,300$920$638$435$292$86
32 years$1,245$871$595$400$264$74
33 years$1,194$824$556$368$239$64
34 years$1,147$781$519$338$217$55
35 years$1,102$741$486$311$196$47
36 years$1,059$703$454$287$178$41
37 years$1,019$668$425$264$161$35
38 years$982$635$398$243$146$30
39 years$946$604$373$225$132$26
40 years$912$574$350$207$120$23
41 years$880$547$328$191$109$20
42 years$849$521$308$176$99$17
43 years$820$496$289$163$90$15
44 years$792$473$271$150$81$13
45 years$766$451$254$139$74$11
46 years$741$430$239$128$67$9
47 years$717$411$224$118$61$8
48 years$694$392$211$109$55$7
49 years$672$374$198$101$50$6
50 years$651$358$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 $667,000, adding $6,445 every year, while hoping to spend $22,727 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: 55/38/7 Blend
44$667,000$667,000$667,000$667,000
45$741,682$706,331$695,993$780,930
46$793,152$716,760$695,127$818,597
47$849,111$726,938$693,471$856,509
48$909,991$736,829$690,973$897,232
49$976,271$746,395$687,581$941,034
50$1,048,476$755,593$683,240$988,214
51$1,127,183$764,379$677,891$1,039,100
52$1,213,028$772,707$671,474$1,094,055
53$1,306,712$780,525$663,923$1,153,478
54$1,409,006$787,780$655,174$1,217,810
55$1,520,758$794,414$645,155$1,287,538
56$1,642,901$800,366$633,794$1,363,197
57$1,776,464$805,571$621,013$1,445,380
58$1,922,579$809,960$606,733$1,534,739
59$2,082,493$813,459$590,869$1,631,995
60$2,257,578$815,989$573,334$1,737,942
61$2,449,346$817,467$554,035$1,853,456
62$2,659,461$817,805$532,877$1,979,505
63$2,889,757$816,908$509,760$2,117,153
64$3,142,252$814,677$484,577$2,267,579
65$3,419,171$811,005$457,219$2,432,079
66$3,722,962$805,780$427,572$2,612,085
67$4,056,324$798,883$395,515$2,809,177
68$4,422,228$790,187$360,924$3,025,095
69$4,823,947$779,558$323,666$3,261,760
70$5,265,086$766,854$283,606$3,521,292
71$5,749,619$751,923$240,601$3,806,028
72$6,281,920$734,607$194,501$4,118,546
73$6,866,809$714,736$145,150$4,461,687
74$7,509,597$692,132$92,387$4,838,590
75$8,216,135$666,606$36,040$5,252,710
76$8,992,867$637,956$0$5,707,863
77$9,846,895$605,970$0$6,210,053
78$10,786,041$570,426$0$6,765,110
79$11,818,924$531,084$0$7,375,468
80$12,955,043$487,695$0$8,046,784
81$14,204,859$439,994$0$8,785,293
82$15,579,900$387,700$0$9,597,871
83$17,092,870$330,517$0$10,492,099
84$18,757,763$268,132$0$11,476,334
85$20,589,999$200,216$0$12,559,791
86$22,606,571$126,418$0$13,752,630
87$24,826,199$46,370$0$15,066,051
88$27,269,513$0$0$16,512,401
89$29,959,242$0$0$18,122,152
90$32,920,434$0$0$19,915,792
91$36,180,685$0$0$21,890,656
92$39,770,407$0$0$24,065,174
93$43,723,107$0$0$26,459,657
94$48,075,712$0$0$29,096,481
95$52,868,906$0$0$32,000,307
96$58,147,525$0$0$35,198,306
97$63,960,971$0$0$38,720,421
98$70,363,684$0$0$42,599,647
99$77,415,654$0$0$46,872,340
100$85,182,982$0$0$51,578,565