Can I retire at age 45 with 683,000?

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 $683,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$56,402$55,899$55,409$54,931$54,463$52,847
2 years$27,922$27,402$26,898$26,409$25,935$24,320
3 years$18,429$17,907$17,404$16,920$16,454$14,891
4 years$13,684$13,164$12,666$12,190$11,735$10,236
5 years$10,838$10,320$9,829$9,363$8,921$7,490
6 years$8,941$8,427$7,944$7,488$7,059$5,697
7 years$7,587$7,077$6,601$6,156$5,741$4,448
8 years$6,571$6,067$5,598$5,164$4,762$3,538
9 years$5,782$5,282$4,822$4,399$4,011$2,853
10 years$5,151$4,656$4,204$3,792$3,417$2,325
11 years$4,635$4,145$3,701$3,300$2,939$1,911
12 years$4,205$3,720$3,284$2,895$2,547$1,580
13 years$3,842$3,362$2,934$2,555$2,221$1,314
14 years$3,531$3,056$2,637$2,268$1,947$1,097
15 years$3,261$2,792$2,381$2,023$1,714$919
16 years$3,026$2,561$2,158$1,811$1,515$772
17 years$2,818$2,359$1,964$1,628$1,343$650
18 years$2,634$2,180$1,793$1,467$1,194$548
19 years$2,469$2,020$1,641$1,325$1,065$463
20 years$2,321$1,877$1,506$1,200$951$392
21 years$2,188$1,749$1,385$1,089$851$332
22 years$2,066$1,632$1,277$991$763$282
23 years$1,955$1,527$1,179$902$685$239
24 years$1,854$1,430$1,090$823$615$203
25 years$1,761$1,342$1,010$751$554$172
26 years$1,675$1,261$937$687$499$147
27 years$1,596$1,187$870$629$450$125
28 years$1,522$1,119$809$576$406$106
29 years$1,454$1,055$752$528$366$90
30 years$1,390$997$701$485$331$77
31 years$1,331$942$653$445$299$65
32 years$1,275$892$610$409$271$56
33 years$1,223$844$569$376$245$47
34 years$1,174$800$532$346$222$40
35 years$1,128$759$497$319$201$34
36 years$1,085$720$465$294$182$29
37 years$1,044$684$435$271$165$25
38 years$1,005$650$408$249$150$21
39 years$968$618$382$230$136$18
40 years$934$588$358$212$123$15
41 years$901$560$336$196$112$13
42 years$870$533$315$181$101$11
43 years$840$508$296$167$92$10
44 years$812$484$277$154$83$8
45 years$785$462$260$142$76$7
46 years$759$441$245$131$69$6
47 years$734$420$230$121$62$5
48 years$711$401$216$112$57$4
49 years$688$383$203$104$52$4
50 years$667$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 $683,000, adding $4,554 every year, while hoping to spend $20,158 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: 72/5/23 Blend
44$683,000$683,000$683,000$683,000
45$757,363$721,164$710,578$807,263
46$813,167$735,054$712,934$855,013
47$873,986$748,948$714,694$904,474
48$940,312$762,826$715,816$958,152
49$1,012,685$776,665$716,256$1,016,466
50$1,091,698$790,441$715,970$1,079,875
51$1,178,005$804,126$714,910$1,148,884
52$1,272,327$817,694$713,024$1,224,052
53$1,375,456$831,113$710,262$1,305,994
54$1,488,265$844,349$706,568$1,395,388
55$1,611,714$857,369$701,885$1,492,979
56$1,746,862$870,133$696,151$1,599,592
57$1,894,874$882,602$689,304$1,716,134
58$2,057,033$894,731$681,278$1,843,605
59$2,234,752$906,474$672,002$1,983,108
60$2,429,587$917,782$661,404$2,135,856
61$2,643,252$928,600$649,408$2,303,190
62$2,877,635$938,873$635,935$2,486,585
63$3,134,816$948,540$620,901$2,687,668
64$3,417,084$957,535$604,218$2,908,233
65$3,726,963$965,791$585,796$3,150,256
66$4,067,232$973,234$565,539$3,415,916
67$4,440,952$979,784$543,347$3,707,614
68$4,851,496$985,360$519,115$4,027,997
69$5,302,578$989,873$492,735$4,379,981
70$5,798,292$993,228$464,093$4,766,783
71$6,343,147$995,325$433,069$5,191,947
72$6,942,110$996,057$399,539$5,659,379
73$7,600,654$995,313$363,372$6,173,385
74$8,324,808$992,971$324,433$6,738,709
75$9,121,217$988,904$282,579$7,360,584
76$9,997,198$982,978$237,663$8,044,774
77$10,960,816$975,048$189,528$8,797,632
78$12,020,956$964,962$138,014$9,626,163
79$13,187,408$952,559$82,952$10,538,086
80$14,470,958$937,669$24,165$11,541,908
81$15,883,490$920,109$0$12,647,006
82$17,438,101$899,689$0$13,873,180
83$19,149,218$876,205$0$15,229,299
84$21,032,741$849,442$0$16,722,030
85$23,106,187$819,171$0$18,365,259
86$25,388,861$785,153$0$20,174,291
87$27,902,031$747,132$0$22,165,986
88$30,669,135$704,839$0$24,358,928
89$33,715,999$657,987$0$26,773,591
90$37,071,078$606,276$0$29,432,538
91$40,765,732$549,387$0$32,360,632
92$44,834,512$486,983$0$35,585,272
93$49,315,494$418,707$0$39,136,647
94$54,250,634$344,183$0$43,048,028
95$59,686,164$263,013$0$47,356,077
96$65,673,030$174,779$0$52,101,192
97$72,267,372$79,035$0$57,327,894
98$79,531,050$0$0$63,085,240
99$87,532,234$0$0$69,428,651
100$96,346,044$0$0$76,421,158