Can I retire at age 45 with 682,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$56,319$55,817$55,328$54,850$54,384$53,004
2 years$27,881$27,361$26,858$26,370$25,897$24,516
3 years$18,402$17,881$17,379$16,896$16,430$15,091
4 years$13,664$13,144$12,647$12,172$11,718$10,431
5 years$10,822$10,305$9,815$9,350$8,908$7,677
6 years$8,928$8,415$7,932$7,477$7,049$5,874
7 years$7,576$7,067$6,591$6,147$5,732$4,615
8 years$6,562$6,058$5,590$5,157$4,756$3,695
9 years$5,774$5,274$4,815$4,392$4,005$3,000
10 years$5,143$4,649$4,198$3,786$3,412$2,462
11 years$4,628$4,139$3,696$3,295$2,935$2,037
12 years$4,199$3,715$3,280$2,890$2,543$1,697
13 years$3,836$3,357$2,930$2,552$2,218$1,421
14 years$3,526$3,051$2,633$2,265$1,944$1,196
15 years$3,257$2,788$2,377$2,020$1,712$1,009
16 years$3,022$2,558$2,155$1,809$1,513$855
17 years$2,814$2,355$1,961$1,625$1,341$725
18 years$2,630$2,177$1,790$1,465$1,193$617
19 years$2,466$2,017$1,639$1,323$1,063$526
20 years$2,318$1,874$1,504$1,199$950$449
21 years$2,184$1,746$1,383$1,088$850$383
22 years$2,063$1,630$1,275$989$762$328
23 years$1,952$1,524$1,177$901$684$281
24 years$1,851$1,428$1,089$822$615$240
25 years$1,758$1,340$1,008$750$553$206
26 years$1,673$1,260$935$686$498$177
27 years$1,593$1,185$868$628$449$152
28 years$1,520$1,117$807$575$405$130
29 years$1,452$1,054$751$528$366$112
30 years$1,388$995$700$484$331$96
31 years$1,329$941$652$445$299$83
32 years$1,273$890$609$409$270$71
33 years$1,221$843$568$376$245$61
34 years$1,172$799$531$346$222$52
35 years$1,127$758$497$318$201$45
36 years$1,083$719$464$293$182$39
37 years$1,042$683$435$270$165$33
38 years$1,004$649$407$249$149$29
39 years$967$617$381$230$135$25
40 years$932$587$358$212$123$21
41 years$900$559$335$195$111$18
42 years$868$533$314$180$101$16
43 years$839$507$295$166$92$14
44 years$810$484$277$154$83$12
45 years$783$461$260$142$76$10
46 years$758$440$244$131$69$9
47 years$733$420$229$121$62$7
48 years$710$401$216$112$57$6
49 years$687$383$203$103$51$5
50 years$666$366$191$96$47$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $682,000, adding $5,187 every year, while hoping to spend $22,784 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: 58/14/28 Blend
44$682,000$682,000$682,000$682,000
45$756,914$720,768$710,197$794,755
46$809,878$731,844$709,747$832,334
47$867,480$742,699$708,518$870,447
48$930,169$753,298$706,460$911,536
49$998,441$763,604$703,521$955,897
50$1,072,838$773,576$699,645$1,003,855
51$1,153,959$783,173$694,774$1,055,769
52$1,242,463$792,349$688,849$1,112,038
53$1,339,074$801,054$681,806$1,173,097
54$1,444,591$809,237$673,578$1,239,432
55$1,559,892$816,842$664,095$1,311,574
56$1,685,944$823,810$653,286$1,390,113
57$1,823,812$830,079$641,073$1,475,698
58$1,974,669$835,581$627,376$1,569,045
59$2,139,805$840,244$612,113$1,670,945
60$2,320,642$843,993$595,196$1,782,270
61$2,518,746$846,747$576,534$1,903,983
62$2,735,840$848,420$556,030$2,037,145
63$2,973,824$848,921$533,585$2,182,927
64$3,234,788$848,152$509,094$2,342,623
65$3,521,036$846,011$482,449$2,517,657
66$3,835,105$842,389$453,534$2,709,601
67$4,179,789$837,169$422,230$2,920,192
68$4,558,166$830,229$388,414$3,151,341
69$4,973,627$821,438$351,954$3,405,158
70$5,429,907$810,658$312,713$3,683,973
71$5,931,119$797,743$270,551$3,990,352
72$6,481,797$782,536$225,319$4,327,125
73$7,086,934$764,874$176,861$4,697,417
74$7,752,031$744,582$125,015$5,104,670
75$8,483,147$721,476$69,612$5,552,682
76$9,286,961$695,361$10,477$6,045,641
77$10,170,827$666,030$0$6,588,165
78$11,142,851$633,264$0$7,201,071
79$12,211,960$596,833$0$7,878,612
80$13,387,994$556,492$0$8,623,907
81$14,681,792$511,982$0$9,443,845
82$16,105,295$463,030$0$10,346,018
83$17,671,664$409,348$0$11,338,796
84$19,395,397$350,629$0$12,431,399
85$21,292,469$286,551$0$13,633,990
86$23,380,483$216,774$0$14,957,769
87$25,678,834$140,937$0$16,415,081
88$28,208,893$58,662$0$18,019,528
89$30,994,209$0$0$19,786,102
90$34,060,730$0$0$21,736,016
91$37,437,046$0$0$23,892,944
92$41,154,664$0$0$26,267,984
93$45,248,299$0$0$28,883,324
94$49,756,203$0$0$31,763,413
95$54,720,531$0$0$34,935,192
96$60,187,729$0$0$38,428,347
97$66,208,982$0$0$42,275,591
98$72,840,688$0$0$46,512,972
99$80,144,998$0$0$51,180,213
100$88,190,396$0$0$56,321,083