Can I retire at age 45 with 678,000?

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 $678,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$55,989$55,490$55,003$54,528$54,065$53,679
2 years$27,717$27,201$26,701$26,216$25,745$25,356
3 years$18,295$17,776$17,277$16,797$16,334$15,954
4 years$13,584$13,067$12,573$12,101$11,649$11,281
5 years$10,759$10,245$9,757$9,295$8,856$8,500
6 years$8,876$8,366$7,885$7,433$7,007$6,665
7 years$7,531$7,026$6,553$6,111$5,699$5,370
8 years$6,523$6,022$5,557$5,126$4,728$4,412
9 years$5,740$5,243$4,787$4,367$3,981$3,679
10 years$5,113$4,622$4,173$3,764$3,392$3,104
11 years$4,601$4,115$3,674$3,276$2,917$2,642
12 years$4,174$3,693$3,260$2,873$2,528$2,265
13 years$3,814$3,337$2,913$2,537$2,205$1,954
14 years$3,505$3,034$2,617$2,252$1,933$1,694
15 years$3,238$2,771$2,363$2,008$1,702$1,475
16 years$3,004$2,543$2,142$1,798$1,504$1,289
17 years$2,798$2,342$1,950$1,616$1,333$1,130
18 years$2,615$2,164$1,780$1,456$1,186$993
19 years$2,451$2,005$1,629$1,316$1,057$874
20 years$2,304$1,863$1,495$1,192$944$771
21 years$2,172$1,736$1,375$1,081$845$682
22 years$2,051$1,620$1,268$983$757$603
23 years$1,941$1,515$1,170$895$680$535
24 years$1,840$1,420$1,082$817$611$475
25 years$1,748$1,332$1,003$746$550$422
26 years$1,663$1,252$930$682$495$375
27 years$1,584$1,179$863$624$446$333
28 years$1,511$1,111$803$572$403$297
29 years$1,443$1,048$747$524$364$264
30 years$1,380$989$696$481$329$236
31 years$1,321$935$649$442$297$210
32 years$1,266$885$605$406$269$188
33 years$1,214$838$565$374$243$167
34 years$1,166$794$528$344$220$149
35 years$1,120$753$494$316$199$133
36 years$1,077$715$462$291$181$119
37 years$1,036$679$432$269$164$106
38 years$998$645$405$248$149$95
39 years$961$614$379$228$135$85
40 years$927$584$355$210$122$76
41 years$894$556$333$194$111$68
42 years$863$529$313$179$101$61
43 years$834$504$293$165$91$54
44 years$806$481$275$153$83$49
45 years$779$458$259$141$75$44
46 years$753$437$243$130$68$39
47 years$729$417$228$120$62$35
48 years$706$398$214$111$56$31
49 years$683$381$202$103$51$28
50 years$662$363$189$95$46$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $678,000, adding $4,401 every year, while hoping to spend $34,844 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: 39/49/12 Blend
44$678,000$678,000$678,000$678,000
45$751,696$715,762$705,253$778,130
46$791,295$713,760$691,805$795,274
47$833,765$710,493$676,739$810,058
48$879,363$705,861$659,963$825,276
49$928,370$699,759$641,383$840,981
50$981,093$692,077$620,899$857,239
51$1,037,872$682,696$598,407$874,119
52$1,099,078$671,492$573,797$891,706
53$1,165,122$658,333$546,957$910,093
54$1,236,450$643,077$517,766$929,385
55$1,313,558$625,577$486,100$949,703
56$1,396,986$605,676$451,830$971,184
57$1,487,332$583,207$414,820$993,982
58$1,585,250$557,995$374,927$1,018,270
59$1,691,462$529,853$332,003$1,044,244
60$1,806,759$498,584$285,894$1,072,124
61$1,932,014$463,980$236,437$1,102,158
62$2,068,186$425,822$183,463$1,134,624
63$2,216,329$383,875$126,797$1,169,834
64$2,377,604$337,894$66,254$1,208,138
65$2,553,288$287,619$1,642$1,249,926
66$2,744,786$232,776$0$1,295,639
67$2,953,646$173,073$0$1,354,382
68$3,181,570$108,206$0$1,418,871
69$3,430,431$37,849$0$1,489,533
70$3,702,293$0$0$1,567,078
71$3,999,427$0$0$1,672,971
72$4,324,332$0$0$1,811,163
73$4,679,762$0$0$1,962,428
74$5,068,749$0$0$2,128,068
75$5,494,628$0$0$2,309,516
76$5,961,077$0$0$2,508,349
77$6,472,142$0$0$2,726,306
78$7,032,282$0$0$2,965,301
79$7,646,405$0$0$3,227,443
80$8,319,919$0$0$3,515,052
81$9,058,780$0$0$3,830,688
82$9,869,546$0$0$4,177,168
83$10,759,443$0$0$4,557,594
84$11,736,432$0$0$4,975,386
85$12,809,277$0$0$5,434,310
86$13,987,639$0$0$5,938,514
87$15,282,156$0$0$6,492,569
88$16,704,549$0$0$7,101,510
89$18,267,729$0$0$7,770,884
90$19,985,922$0$0$8,506,802
91$21,874,800$0$0$9,315,997
92$23,951,628$0$0$10,205,888
93$26,235,429$0$0$11,184,647
94$28,747,161$0$0$12,261,278
95$31,509,915$0$0$13,445,704
96$34,549,131$0$0$14,748,854
97$37,892,842$0$0$16,182,775
98$41,571,932$0$0$17,760,735
99$45,620,430$0$0$19,497,358
100$50,075,833$0$0$21,408,756