Can I retire at age 45 with 684,000?

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 $684,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$56,484$55,981$55,490$55,011$54,543$54,154
2 years$27,962$27,442$26,937$26,448$25,973$25,581
3 years$18,456$17,933$17,430$16,945$16,478$16,095
4 years$13,704$13,183$12,685$12,208$11,752$11,381
5 years$10,854$10,336$9,844$9,377$8,934$8,575
6 years$8,954$8,440$7,955$7,499$7,069$6,724
7 years$7,598$7,088$6,611$6,165$5,749$5,417
8 years$6,581$6,075$5,606$5,172$4,769$4,451
9 years$5,790$5,290$4,829$4,405$4,017$3,712
10 years$5,158$4,663$4,210$3,797$3,422$3,131
11 years$4,642$4,151$3,706$3,305$2,943$2,665
12 years$4,211$3,726$3,289$2,899$2,551$2,285
13 years$3,848$3,367$2,939$2,559$2,224$1,971
14 years$3,536$3,060$2,640$2,272$1,950$1,709
15 years$3,266$2,796$2,384$2,026$1,717$1,488
16 years$3,030$2,565$2,161$1,814$1,517$1,300
17 years$2,823$2,362$1,967$1,630$1,345$1,140
18 years$2,638$2,183$1,795$1,469$1,196$1,001
19 years$2,473$2,023$1,644$1,327$1,066$882
20 years$2,325$1,880$1,508$1,202$952$778
21 years$2,191$1,751$1,388$1,091$852$688
22 years$2,069$1,635$1,279$992$764$609
23 years$1,958$1,529$1,181$903$686$540
24 years$1,857$1,432$1,092$824$616$479
25 years$1,763$1,344$1,011$752$555$425
26 years$1,678$1,263$938$688$500$378
27 years$1,598$1,189$871$630$450$336
28 years$1,524$1,120$810$577$406$299
29 years$1,456$1,057$754$529$367$267
30 years$1,392$998$702$486$332$238
31 years$1,333$944$654$446$300$212
32 years$1,277$893$611$410$271$189
33 years$1,225$846$570$377$245$169
34 years$1,176$801$533$347$222$151
35 years$1,130$760$498$319$201$135
36 years$1,086$721$466$294$182$120
37 years$1,045$685$436$271$165$107
38 years$1,007$651$408$250$150$96
39 years$970$619$383$230$136$86
40 years$935$589$359$212$123$77
41 years$902$561$336$196$112$69
42 years$871$534$315$181$101$61
43 years$841$509$296$167$92$55
44 years$813$485$278$154$84$49
45 years$786$463$261$142$76$44
46 years$760$441$245$131$69$39
47 years$735$421$230$121$63$35
48 years$712$402$216$112$57$31
49 years$689$384$203$104$52$28
50 years$668$367$191$96$47$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $684,000, adding $3,195 every year, while hoping to spend $34,837 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: 40/47/13 Blend
44$684,000$684,000$684,000$684,000
45$757,064$720,812$710,210$784,291
46$797,218$719,065$696,935$802,098
47$840,300$716,065$682,049$817,690
48$886,573$711,714$665,459$833,795
49$936,322$705,908$647,072$850,476
50$989,865$698,535$626,786$867,805
51$1,047,548$689,480$604,500$885,862
52$1,109,750$678,617$580,103$904,741
53$1,176,891$665,816$553,483$924,544
54$1,249,430$650,936$524,521$945,391
55$1,327,871$633,831$493,091$967,414
56$1,412,770$614,345$459,066$990,763
57$1,504,736$592,311$422,308$1,015,609
58$1,604,440$567,556$382,677$1,042,141
59$1,712,620$539,894$340,024$1,070,573
60$1,830,088$509,128$294,194$1,101,146
61$1,957,734$475,053$245,027$1,134,130
62$2,096,541$437,449$192,354$1,169,826
63$2,247,589$396,085$135,999$1,208,573
64$2,412,065$350,715$75,777$1,250,749
65$2,591,278$301,082$11,497$1,296,778
66$2,786,665$246,912$0$1,347,133
67$2,999,811$187,917$0$1,410,261
68$3,232,458$123,791$0$1,481,048
69$3,486,525$54,213$0$1,558,584
70$3,764,124$0$0$1,643,632
71$4,067,581$0$0$1,747,983
72$4,399,455$0$0$1,892,855
73$4,762,565$0$0$2,051,452
74$5,160,015$0$0$2,225,139
75$5,595,222$0$0$2,415,423
76$6,071,950$0$0$2,623,959
77$6,594,344$0$0$2,852,575
78$7,166,968$0$0$3,103,280
79$7,794,850$0$0$3,378,289
80$8,483,527$0$0$3,680,041
81$9,239,097$0$0$4,011,222
82$10,068,279$0$0$4,374,792
83$10,978,471$0$0$4,774,011
84$11,977,824$0$0$5,212,468
85$13,075,317$0$0$5,694,122
86$14,280,840$0$0$6,223,328
87$15,605,290$0$0$6,804,888
88$17,060,669$0$0$7,444,091
89$18,660,202$0$0$8,146,763
90$20,418,457$0$0$8,919,324
91$22,351,483$0$0$9,768,846
92$24,476,964$0$0$10,703,122
93$26,814,382$0$0$11,730,736
94$29,385,200$0$0$12,861,148
95$32,213,067$0$0$14,104,779
96$35,324,041$0$0$15,473,112
97$38,746,829$0$0$16,978,798
98$42,513,062$0$0$18,635,779
99$46,657,595$0$0$20,459,413
100$51,218,828$0$0$22,466,626