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%19.1%
1 years$56,236$55,735$55,247$54,770$54,304$52,315
2 years$27,840$27,321$26,819$26,332$25,859$23,877
3 years$18,375$17,855$17,354$16,871$16,406$14,494
4 years$13,644$13,125$12,629$12,155$11,701$9,873
5 years$10,806$10,290$9,801$9,336$8,895$7,156
6 years$8,915$8,403$7,920$7,466$7,038$5,389
7 years$7,564$7,057$6,582$6,138$5,724$4,165
8 years$6,552$6,049$5,582$5,149$4,749$3,278
9 years$5,765$5,267$4,808$4,386$3,999$2,615
10 years$5,136$4,642$4,191$3,781$3,407$2,107
11 years$4,621$4,133$3,690$3,290$2,930$1,711
12 years$4,193$3,709$3,275$2,886$2,539$1,398
13 years$3,831$3,352$2,926$2,548$2,214$1,148
14 years$3,521$3,047$2,629$2,262$1,941$947
15 years$3,252$2,783$2,374$2,017$1,709$783
16 years$3,017$2,554$2,152$1,806$1,511$649
17 years$2,810$2,352$1,958$1,623$1,339$540
18 years$2,626$2,173$1,788$1,462$1,191$449
19 years$2,462$2,014$1,636$1,321$1,061$374
20 years$2,315$1,872$1,502$1,197$948$312
21 years$2,181$1,743$1,381$1,086$848$261
22 years$2,060$1,627$1,273$988$761$218
23 years$1,950$1,522$1,176$899$683$183
24 years$1,849$1,426$1,087$820$614$153
25 years$1,756$1,338$1,007$749$552$128
26 years$1,670$1,258$934$685$497$107
27 years$1,591$1,184$867$627$448$90
28 years$1,518$1,115$806$574$405$75
29 years$1,450$1,052$750$527$365$63
30 years$1,386$994$699$483$330$53
31 years$1,327$939$651$444$298$44
32 years$1,272$889$608$408$270$37
33 years$1,220$842$568$375$244$31
34 years$1,171$798$530$345$221$26
35 years$1,125$757$496$318$200$22
36 years$1,082$718$464$293$182$19
37 years$1,041$682$434$270$165$16
38 years$1,002$648$407$249$149$13
39 years$966$616$381$229$135$11
40 years$931$587$357$211$123$9
41 years$898$558$335$195$111$8
42 years$867$532$314$180$101$6
43 years$837$507$295$166$92$5
44 years$809$483$277$153$83$5
45 years$782$461$260$142$76$4
46 years$757$439$244$131$69$3
47 years$732$419$229$121$62$3
48 years$709$400$215$112$57$2
49 years$686$382$202$103$51$2
50 years$665$365$190$95$47$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $681,000, adding $4,627 every year, while hoping to spend $29,553 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: 38/38/24 Blend
44$681,000$681,000$681,000$681,000
45$755,235$719,142$708,586$778,372
46$800,825$722,936$700,880$799,433
47$850,074$725,925$691,925$819,092
48$903,325$728,039$681,648$839,752
49$960,954$729,202$669,973$861,521
50$1,023,374$729,336$656,819$884,522
51$1,091,040$728,355$642,104$908,890
52$1,164,451$726,169$625,740$934,777
53$1,244,156$722,683$607,633$962,352
54$1,330,761$717,795$587,690$991,804
55$1,424,930$711,399$565,809$1,023,345
56$1,527,395$703,380$541,886$1,057,208
57$1,638,961$693,617$515,811$1,093,656
58$1,760,514$681,983$487,469$1,132,981
59$1,893,028$668,341$456,741$1,175,507
60$2,037,575$652,549$423,500$1,221,595
61$2,195,338$634,453$387,618$1,271,646
62$2,367,615$613,894$348,955$1,326,107
63$2,555,837$590,701$307,371$1,385,473
64$2,761,581$564,693$262,716$1,450,296
65$2,986,578$535,680$214,833$1,521,188
66$3,232,741$503,459$163,561$1,598,826
67$3,502,169$467,818$108,730$1,683,965
68$3,797,180$428,531$50,162$1,777,440
69$4,120,323$385,358$0$1,880,178
70$4,474,404$338,050$0$1,996,367
71$4,862,517$286,338$0$2,137,899
72$5,288,067$229,941$0$2,293,228
73$5,754,804$168,563$0$2,463,807
74$6,266,860$101,888$0$2,651,240
75$6,828,785$29,586$0$2,857,300
76$7,445,592$0$0$3,083,946
77$8,122,802$0$0$3,353,703
78$8,866,497$0$0$3,663,627
79$9,683,376$0$0$4,004,150
80$10,580,820$0$0$4,378,362
81$11,566,961$0$0$4,789,666
82$12,650,756$0$0$5,241,811
83$13,842,072$0$0$5,738,928
84$15,151,782$0$0$6,285,569
85$16,591,864$0$0$6,886,746
86$18,175,514$0$0$7,547,986
87$19,917,272$0$0$8,275,374
88$21,833,157$0$0$9,075,616
89$23,940,818$0$0$9,956,103
90$26,259,701$0$0$10,924,974
91$28,811,234$0$0$11,991,200
92$31,619,024$0$0$13,164,666
93$34,709,084$0$0$14,456,261
94$38,110,074$0$0$15,877,987
95$41,853,577$0$0$17,443,065
96$45,974,389$0$0$19,166,065
97$50,510,855$0$0$21,063,041
98$55,505,223$0$0$23,151,683
99$61,004,047$0$0$25,451,482
100$67,058,626$0$0$27,983,919