Can I retire at age 45 with 669,000?

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 $669,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$55,245$54,753$54,273$53,805$53,347$51,805
2 years$27,349$26,840$26,346$25,868$25,403$23,862
3 years$18,052$17,540$17,048$16,574$16,117$14,625
4 years$13,404$12,894$12,406$11,940$11,495$10,063
5 years$10,616$10,109$9,628$9,171$8,738$7,371
6 years$8,758$8,255$7,781$7,334$6,914$5,613
7 years$7,431$6,932$6,466$6,030$5,623$4,387
8 years$6,437$5,942$5,484$5,058$4,665$3,494
9 years$5,664$5,174$4,723$4,309$3,929$2,821
10 years$5,045$4,560$4,118$3,714$3,347$2,302
11 years$4,540$4,060$3,625$3,232$2,879$1,894
12 years$4,119$3,644$3,217$2,835$2,495$1,569
13 years$3,763$3,293$2,874$2,503$2,175$1,306
14 years$3,458$2,993$2,583$2,222$1,907$1,092
15 years$3,195$2,734$2,332$1,982$1,679$916
16 years$2,964$2,509$2,114$1,774$1,484$770
17 years$2,761$2,311$1,924$1,594$1,316$650
18 years$2,580$2,135$1,756$1,437$1,170$549
19 years$2,419$1,979$1,608$1,298$1,043$464
20 years$2,274$1,839$1,475$1,176$931$394
21 years$2,143$1,713$1,357$1,067$834$334
22 years$2,024$1,599$1,251$970$747$284
23 years$1,915$1,495$1,155$884$671$241
24 years$1,816$1,401$1,068$806$603$205
25 years$1,725$1,315$989$736$542$175
26 years$1,641$1,236$917$673$489$149
27 years$1,563$1,163$852$616$441$127
28 years$1,491$1,096$792$564$397$108
29 years$1,424$1,034$737$518$359$92
30 years$1,362$976$686$475$324$78
31 years$1,304$923$640$436$293$67
32 years$1,249$873$597$401$265$57
33 years$1,198$827$558$369$240$49
34 years$1,150$784$521$339$217$42
35 years$1,105$743$487$312$197$35
36 years$1,063$706$456$288$178$30
37 years$1,022$670$426$265$162$26
38 years$985$637$399$244$147$22
39 years$949$606$374$225$133$19
40 years$915$576$351$208$121$16
41 years$882$548$329$192$109$14
42 years$852$522$308$177$99$12
43 years$823$498$289$163$90$10
44 years$795$474$272$151$82$9
45 years$768$452$255$139$74$7
46 years$743$432$240$129$67$6
47 years$719$412$225$119$61$5
48 years$696$393$212$110$56$5
49 years$674$375$199$101$50$4
50 years$653$359$187$94$46$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $669,000, adding $5,588 every year, while hoping to spend $20,696 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: 58/22/20 Blend
44$669,000$669,000$669,000$669,000
45$743,002$707,545$697,176$781,849
46$796,768$720,194$698,511$821,538
47$855,324$732,770$699,197$862,062
48$919,138$745,246$699,190$905,782
49$988,722$757,596$698,445$953,010
50$1,064,643$769,789$696,915$1,004,092
51$1,147,523$781,794$694,547$1,059,407
52$1,238,046$793,578$691,290$1,119,374
53$1,336,967$805,104$687,089$1,184,456
54$1,445,116$816,333$681,885$1,255,162
55$1,563,407$827,223$675,618$1,332,055
56$1,692,848$837,729$668,224$1,415,755
57$1,834,545$847,805$659,636$1,506,945
58$1,989,720$857,398$649,785$1,606,379
59$2,159,716$866,456$638,597$1,714,888
60$2,346,013$874,919$625,997$1,833,390
61$2,550,243$882,725$611,904$1,962,896
62$2,774,199$889,810$596,234$2,104,521
63$3,019,859$896,103$578,900$2,259,494
64$3,289,401$901,529$559,810$2,429,171
65$3,585,225$906,008$538,868$2,615,047
66$3,909,972$909,457$515,974$2,818,772
67$4,266,554$911,785$491,024$3,042,164
68$4,658,176$912,896$463,907$3,287,226
69$5,088,372$912,690$434,510$3,556,171
70$5,561,032$911,058$402,712$3,851,436
71$6,080,443$907,885$368,388$4,175,708
72$6,651,328$903,051$331,409$4,531,951
73$7,278,889$896,427$291,638$4,923,433
74$7,968,860$887,876$248,931$5,353,756
75$8,727,554$877,252$203,141$5,826,893
76$9,561,930$864,403$154,112$6,347,224
77$10,479,654$849,166$101,681$6,919,578
78$11,489,171$831,368$45,680$7,549,277
79$12,599,788$810,826$0$8,242,191
80$13,821,757$787,347$0$9,007,797
81$15,166,376$760,727$0$9,860,822
82$16,646,093$730,749$0$10,799,412
83$18,274,622$697,184$0$11,832,281
84$20,067,076$659,788$0$12,969,031
85$22,040,106$618,306$0$14,220,247
86$24,212,060$572,466$0$15,597,592
87$26,603,155$521,982$0$17,113,921
88$29,235,668$466,550$0$18,783,404
89$32,134,146$405,851$0$20,621,655
90$35,325,636$339,544$0$22,645,883
91$38,839,943$267,274$0$24,875,056
92$42,709,908$188,662$0$27,330,077
93$46,971,722$103,309$0$30,033,984
94$51,665,260$10,794$0$33,012,168
95$56,834,466$0$0$36,292,612
96$62,527,760$0$0$39,927,780
97$68,798,500$0$0$43,934,606
98$75,705,482$0$0$48,348,056
99$83,313,496$0$0$53,209,539
100$91,693,939$0$0$58,564,687