Can I retire at age 45 with 683,000?

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 $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%11.2%
1 years$56,402$55,899$55,409$54,931$54,463$54,188
2 years$27,922$27,402$26,898$26,409$25,935$25,657
3 years$18,429$17,907$17,404$16,920$16,454$16,183
4 years$13,684$13,164$12,666$12,190$11,735$11,472
5 years$10,838$10,320$9,829$9,363$8,921$8,666
6 years$8,941$8,427$7,944$7,488$7,059$6,814
7 years$7,587$7,077$6,601$6,156$5,741$5,505
8 years$6,571$6,067$5,598$5,164$4,762$4,536
9 years$5,782$5,282$4,822$4,399$4,011$3,794
10 years$5,151$4,656$4,204$3,792$3,417$3,209
11 years$4,635$4,145$3,701$3,300$2,939$2,740
12 years$4,205$3,720$3,284$2,895$2,547$2,357
13 years$3,842$3,362$2,934$2,555$2,221$2,040
14 years$3,531$3,056$2,637$2,268$1,947$1,774
15 years$3,261$2,792$2,381$2,023$1,714$1,550
16 years$3,026$2,561$2,158$1,811$1,515$1,359
17 years$2,818$2,359$1,964$1,628$1,343$1,195
18 years$2,634$2,180$1,793$1,467$1,194$1,054
19 years$2,469$2,020$1,641$1,325$1,065$931
20 years$2,321$1,877$1,506$1,200$951$825
21 years$2,188$1,749$1,385$1,089$851$732
22 years$2,066$1,632$1,277$991$763$650
23 years$1,955$1,527$1,179$902$685$578
24 years$1,854$1,430$1,090$823$615$515
25 years$1,761$1,342$1,010$751$554$459
26 years$1,675$1,261$937$687$499$410
27 years$1,596$1,187$870$629$450$366
28 years$1,522$1,119$809$576$406$327
29 years$1,454$1,055$752$528$366$293
30 years$1,390$997$701$485$331$262
31 years$1,331$942$653$445$299$235
32 years$1,275$892$610$409$271$210
33 years$1,223$844$569$376$245$188
34 years$1,174$800$532$346$222$169
35 years$1,128$759$497$319$201$151
36 years$1,085$720$465$294$182$136
37 years$1,044$684$435$271$165$122
38 years$1,005$650$408$249$150$109
39 years$968$618$382$230$136$98
40 years$934$588$358$212$123$88
41 years$901$560$336$196$112$79
42 years$870$533$315$181$101$71
43 years$840$508$296$167$92$64
44 years$812$484$277$154$83$57
45 years$785$462$260$142$76$52
46 years$759$441$245$131$69$46
47 years$734$420$230$121$62$42
48 years$711$401$216$112$57$37
49 years$688$383$203$104$52$34
50 years$667$366$191$96$47$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $683,000, adding $5,135 every year, while hoping to spend $45,033 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: 72/14/14 Blend
44$683,000$683,000$683,000$683,000
45$757,963$721,764$711,177$809,846
46$787,360$709,215$687,087$832,365
47$818,247$694,543$660,680$851,025
48$850,727$677,595$631,832$870,265
49$884,914$658,210$600,412$890,134
50$920,932$636,219$566,282$910,685
51$958,915$611,442$529,301$931,978
52$999,010$583,688$489,318$954,080
53$1,041,377$552,756$446,177$977,065
54$1,086,190$518,433$399,717$1,001,017
55$1,133,639$480,494$349,765$1,026,031
56$1,183,933$438,701$296,145$1,052,209
57$1,237,298$392,802$238,670$1,079,670
58$1,293,984$342,531$177,147$1,108,543
59$1,354,262$287,607$111,373$1,138,973
60$1,418,430$227,732$41,137$1,171,123
61$1,486,813$162,594$0$1,205,172
62$1,559,767$91,861$0$1,246,374
63$1,637,684$15,182$0$1,296,787
64$1,720,991$0$0$1,350,546
65$1,810,158$0$0$1,418,410
66$1,905,699$0$0$1,493,654
67$2,008,179$0$0$1,574,386
68$2,118,217$0$0$1,661,097
69$2,236,492$0$0$1,754,324
70$2,363,751$0$0$1,854,661
71$2,500,814$0$0$1,962,755
72$2,648,580$0$0$2,079,322
73$2,808,037$0$0$2,205,143
74$2,980,272$0$0$2,341,081
75$3,166,479$0$0$2,488,082
76$3,367,968$0$0$2,647,185
77$3,586,182$0$0$2,819,534
78$3,822,707$0$0$3,006,387
79$4,079,285$0$0$3,209,125
80$4,357,833$0$0$3,429,269
81$4,660,462$0$0$3,668,492
82$4,989,489$0$0$3,928,633
83$5,347,468$0$0$4,211,715
84$5,737,206$0$0$4,519,966
85$6,161,792$0$0$4,855,837
86$6,624,627$0$0$5,222,023
87$7,129,452$0$0$5,621,494
88$7,680,387$0$0$6,057,516
89$8,281,964$0$0$6,533,684
90$8,939,175$0$0$7,053,959
91$9,657,514$0$0$7,622,697
92$10,443,029$0$0$8,244,698
93$11,302,381$0$0$8,925,244
94$12,242,903$0$0$9,670,152
95$13,272,670$0$0$10,485,829
96$14,400,575$0$0$11,379,329
97$15,636,410$0$0$12,358,420
98$16,990,960$0$0$13,431,658
99$18,476,102$0$0$14,608,465
100$20,104,919$0$0$15,899,220