Can I retire at age 45 with 682,000?

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 $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%17.2%
1 years$56,319$55,817$55,328$54,850$54,384$52,791
2 years$27,881$27,361$26,858$26,370$25,897$24,305
3 years$18,402$17,881$17,379$16,896$16,430$14,889
4 years$13,664$13,144$12,647$12,172$11,718$10,240
5 years$10,822$10,305$9,815$9,350$8,908$7,496
6 years$8,928$8,415$7,932$7,477$7,049$5,705
7 years$7,576$7,067$6,591$6,147$5,732$4,457
8 years$6,562$6,058$5,590$5,157$4,756$3,547
9 years$5,774$5,274$4,815$4,392$4,005$2,863
10 years$5,143$4,649$4,198$3,786$3,412$2,334
11 years$4,628$4,139$3,696$3,295$2,935$1,919
12 years$4,199$3,715$3,280$2,890$2,543$1,588
13 years$3,836$3,357$2,930$2,552$2,218$1,321
14 years$3,526$3,051$2,633$2,265$1,944$1,104
15 years$3,257$2,788$2,377$2,020$1,712$925
16 years$3,022$2,558$2,155$1,809$1,513$778
17 years$2,814$2,355$1,961$1,625$1,341$656
18 years$2,630$2,177$1,790$1,465$1,193$553
19 years$2,466$2,017$1,639$1,323$1,063$468
20 years$2,318$1,874$1,504$1,199$950$396
21 years$2,184$1,746$1,383$1,088$850$336
22 years$2,063$1,630$1,275$989$762$285
23 years$1,952$1,524$1,177$901$684$242
24 years$1,851$1,428$1,089$822$615$206
25 years$1,758$1,340$1,008$750$553$175
26 years$1,673$1,260$935$686$498$149
27 years$1,593$1,185$868$628$449$127
28 years$1,520$1,117$807$575$405$108
29 years$1,452$1,054$751$528$366$92
30 years$1,388$995$700$484$331$78
31 years$1,329$941$652$445$299$67
32 years$1,273$890$609$409$270$57
33 years$1,221$843$568$376$245$49
34 years$1,172$799$531$346$222$41
35 years$1,127$758$497$318$201$35
36 years$1,083$719$464$293$182$30
37 years$1,042$683$435$270$165$26
38 years$1,004$649$407$249$149$22
39 years$967$617$381$230$135$19
40 years$932$587$358$212$123$16
41 years$900$559$335$195$111$14
42 years$868$533$314$180$101$12
43 years$839$507$295$166$92$10
44 years$810$484$277$154$83$8
45 years$783$461$260$142$76$7
46 years$758$440$244$131$69$6
47 years$733$420$229$121$62$5
48 years$710$401$216$112$57$4
49 years$687$383$203$103$51$4
50 years$666$366$191$96$47$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $682,000, adding $5,556 every year, while hoping to spend $35,383 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: 55/24/21 Blend
44$682,000$682,000$682,000$682,000
45$757,295$721,149$710,578$794,344
46$796,892$718,838$696,735$818,006
47$839,342$715,228$681,243$839,553
48$884,898$710,218$664,008$862,254
49$933,840$703,700$644,934$886,232
50$986,472$695,562$623,920$911,620
51$1,043,130$685,682$600,859$938,568
52$1,104,182$673,934$575,641$967,245
53$1,170,033$660,181$548,149$997,835
54$1,241,127$644,281$518,263$1,030,546
55$1,317,954$626,082$485,856$1,065,609
56$1,401,049$605,424$450,796$1,103,280
57$1,491,002$582,136$412,944$1,143,844
58$1,588,463$556,039$372,156$1,187,618
59$1,694,144$526,943$328,282$1,234,952
60$1,808,830$494,646$281,162$1,286,238
61$1,933,383$458,936$230,633$1,341,910
62$2,068,752$419,588$176,524$1,402,449
63$2,215,981$376,365$118,654$1,468,388
64$2,376,218$329,013$56,835$1,540,321
65$2,550,727$277,270$0$1,618,903
66$2,740,897$220,853$0$1,706,910
67$2,948,261$159,466$0$1,816,824
68$3,174,501$92,797$0$1,936,840
69$3,421,471$20,515$0$2,067,998
70$3,691,211$0$0$2,211,445
71$3,985,969$0$0$2,383,696
72$4,308,218$0$0$2,577,997
73$4,660,679$0$0$2,790,578
74$5,046,352$0$0$3,023,255
75$5,468,538$0$0$3,278,028
76$5,930,871$0$0$3,557,100
77$6,437,356$0$0$3,862,896
78$6,992,400$0$0$4,198,087
79$7,600,859$0$0$4,565,614
80$8,268,081$0$0$4,968,717
81$8,999,956$0$0$5,410,966
82$9,802,971$0$0$5,896,290
83$10,684,271$0$0$6,429,019
84$11,651,728$0$0$7,013,923
85$12,714,012$0$0$7,656,255
86$13,880,674$0$0$8,361,803
87$15,162,235$0$0$9,136,942
88$16,570,285$0$0$9,988,696
89$18,117,595$0$0$10,924,802
90$19,818,230$0$0$11,953,784
91$21,687,687$0$0$13,085,034
92$23,743,042$0$0$14,328,898
93$26,003,103$0$0$15,696,776
94$28,488,596$0$0$17,201,227
95$31,222,355$0$0$18,856,088
96$34,229,537$0$0$20,676,606
97$37,537,860$0$0$22,679,578
98$41,177,865$0$0$24,883,513
99$45,183,201$0$0$27,308,804
100$49,590,945$0$0$29,977,920