Can I retire at age 45 with 681,000?

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 $681,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$56,236$55,735$55,247$54,770$54,304$53,382
2 years$27,840$27,321$26,819$26,332$25,859$24,933
3 years$18,375$17,855$17,354$16,871$16,406$15,505
4 years$13,644$13,125$12,629$12,155$11,701$10,832
5 years$10,806$10,290$9,801$9,336$8,895$8,060
6 years$8,915$8,403$7,920$7,466$7,038$6,238
7 years$7,564$7,057$6,582$6,138$5,724$4,960
8 years$6,552$6,049$5,582$5,149$4,749$4,019
9 years$5,765$5,267$4,808$4,386$3,999$3,305
10 years$5,136$4,642$4,191$3,781$3,407$2,747
11 years$4,621$4,133$3,690$3,290$2,930$2,304
12 years$4,193$3,709$3,275$2,886$2,539$1,946
13 years$3,831$3,352$2,926$2,548$2,214$1,652
14 years$3,521$3,047$2,629$2,262$1,941$1,410
15 years$3,252$2,783$2,374$2,017$1,709$1,208
16 years$3,017$2,554$2,152$1,806$1,511$1,038
17 years$2,810$2,352$1,958$1,623$1,339$894
18 years$2,626$2,173$1,788$1,462$1,191$773
19 years$2,462$2,014$1,636$1,321$1,061$669
20 years$2,315$1,872$1,502$1,197$948$580
21 years$2,181$1,743$1,381$1,086$848$503
22 years$2,060$1,627$1,273$988$761$437
23 years$1,950$1,522$1,176$899$683$381
24 years$1,849$1,426$1,087$820$614$331
25 years$1,756$1,338$1,007$749$552$289
26 years$1,670$1,258$934$685$497$252
27 years$1,591$1,184$867$627$448$220
28 years$1,518$1,115$806$574$405$192
29 years$1,450$1,052$750$527$365$168
30 years$1,386$994$699$483$330$147
31 years$1,327$939$651$444$298$128
32 years$1,272$889$608$408$270$112
33 years$1,220$842$568$375$244$98
34 years$1,171$798$530$345$221$86
35 years$1,125$757$496$318$200$75
36 years$1,082$718$464$293$182$66
37 years$1,041$682$434$270$165$58
38 years$1,002$648$407$249$149$50
39 years$966$616$381$229$135$44
40 years$931$587$357$211$123$39
41 years$898$558$335$195$111$34
42 years$867$532$314$180$101$30
43 years$837$507$295$166$92$26
44 years$809$483$277$153$83$23
45 years$782$461$260$142$76$20
46 years$757$439$244$131$69$17
47 years$732$419$229$121$62$15
48 years$709$400$215$112$57$13
49 years$686$382$202$103$51$12
50 years$665$365$190$95$47$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $681,000, adding $3,192 every year, while hoping to spend $30,582 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: 70/24/6 Blend
44$681,000$681,000$681,000$681,000
45$753,755$717,662$707,106$805,692
46$798,099$720,288$698,255$843,063
47$845,941$722,018$688,083$879,860
48$897,605$722,776$676,512$919,278
49$953,449$722,480$663,463$961,565
50$1,013,864$721,045$648,853$1,006,998
51$1,079,281$718,379$632,592$1,055,880
52$1,150,174$714,385$614,590$1,108,547
53$1,227,063$708,962$594,750$1,165,368
54$1,310,521$701,999$572,972$1,226,753
55$1,401,179$693,381$549,151$1,293,151
56$1,499,728$682,986$523,177$1,365,060
57$1,606,932$670,683$494,935$1,443,028
58$1,723,629$656,337$464,305$1,527,659
59$1,850,742$639,800$431,162$1,619,622
60$1,989,287$620,919$395,375$1,719,654
61$2,140,380$599,531$356,806$1,828,566
62$2,305,253$575,462$315,314$1,947,255
63$2,485,260$548,531$270,748$2,076,712
64$2,681,891$518,543$222,952$2,218,028
65$2,896,787$485,294$171,764$2,372,406
66$3,131,754$448,569$117,013$2,541,176
67$3,388,783$408,139$58,523$2,725,804
68$3,670,062$363,761$0$2,927,908
69$3,978,004$315,181$0$3,149,520
70$4,315,264$262,128$0$3,396,375
71$4,684,768$204,319$0$3,666,905
72$5,089,735$141,451$0$3,963,521
73$5,533,712$73,207$0$4,288,877
74$6,020,608$0$0$4,645,904
75$6,554,724$0$0$5,038,030
76$7,140,801$0$0$5,489,553
77$7,784,059$0$0$5,985,168
78$8,490,248$0$0$6,529,310
79$9,265,703$0$0$7,126,864
80$10,117,402$0$0$7,783,212
81$11,053,033$0$0$8,504,285
82$12,081,062$0$0$9,296,613
83$13,210,821$0$0$10,167,393
84$14,452,586$0$0$11,124,553
85$15,817,680$0$0$12,176,825
86$17,318,577$0$0$13,333,832
87$18,969,023$0$0$14,606,175
88$20,784,158$0$0$16,005,535
89$22,780,667$0$0$17,544,780
90$24,976,930$0$0$19,238,088
91$27,393,199$0$0$21,101,081
92$30,051,790$0$0$23,150,972
93$32,977,289$0$0$25,406,726
94$36,196,785$0$0$27,889,238
95$39,740,127$0$0$30,621,535
96$43,640,206$0$0$33,628,984
97$47,933,260$0$0$36,939,542
98$52,659,221$0$0$40,584,008
99$57,862,088$0$0$44,596,324
100$63,590,344$0$0$49,013,888