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%11.8%
1 years$56,484$55,981$55,490$55,011$54,543$54,131
2 years$27,962$27,442$26,937$26,448$25,973$25,558
3 years$18,456$17,933$17,430$16,945$16,478$16,073
4 years$13,704$13,183$12,685$12,208$11,752$11,359
5 years$10,854$10,336$9,844$9,377$8,934$8,555
6 years$8,954$8,440$7,955$7,499$7,069$6,704
7 years$7,598$7,088$6,611$6,165$5,749$5,399
8 years$6,581$6,075$5,606$5,172$4,769$4,433
9 years$5,790$5,290$4,829$4,405$4,017$3,695
10 years$5,158$4,663$4,210$3,797$3,422$3,115
11 years$4,642$4,151$3,706$3,305$2,943$2,650
12 years$4,211$3,726$3,289$2,899$2,551$2,270
13 years$3,848$3,367$2,939$2,559$2,224$1,957
14 years$3,536$3,060$2,640$2,272$1,950$1,696
15 years$3,266$2,796$2,384$2,026$1,717$1,476
16 years$3,030$2,565$2,161$1,814$1,517$1,288
17 years$2,823$2,362$1,967$1,630$1,345$1,128
18 years$2,638$2,183$1,795$1,469$1,196$991
19 years$2,473$2,023$1,644$1,327$1,066$872
20 years$2,325$1,880$1,508$1,202$952$769
21 years$2,191$1,751$1,388$1,091$852$679
22 years$2,069$1,635$1,279$992$764$601
23 years$1,958$1,529$1,181$903$686$532
24 years$1,857$1,432$1,092$824$616$472
25 years$1,763$1,344$1,011$752$555$419
26 years$1,678$1,263$938$688$500$372
27 years$1,598$1,189$871$630$450$331
28 years$1,524$1,120$810$577$406$294
29 years$1,456$1,057$754$529$367$262
30 years$1,392$998$702$486$332$233
31 years$1,333$944$654$446$300$208
32 years$1,277$893$611$410$271$185
33 years$1,225$846$570$377$245$165
34 years$1,176$801$533$347$222$147
35 years$1,130$760$498$319$201$131
36 years$1,086$721$466$294$182$117
37 years$1,045$685$436$271$165$105
38 years$1,007$651$408$250$150$94
39 years$970$619$383$230$136$84
40 years$935$589$359$212$123$75
41 years$902$561$336$196$112$67
42 years$871$534$315$181$101$60
43 years$841$509$296$167$92$53
44 years$813$485$278$154$84$48
45 years$786$463$261$142$76$42
46 years$760$441$245$131$69$38
47 years$735$421$230$121$63$34
48 years$712$402$216$112$57$30
49 years$689$384$203$104$52$27
50 years$668$367$191$96$47$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $684,000, adding $5,286 every year, while hoping to spend $48,492 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: 53/27/20 Blend
44$684,000$684,000$684,000$684,000
45$759,221$722,969$712,367$795,039
46$785,066$706,799$684,636$804,044
47$811,922$688,212$654,351$808,326
48$839,842$667,037$621,375$811,943
49$868,879$643,096$585,565$814,848
50$899,095$616,198$546,771$816,991
51$930,553$586,142$504,838$818,320
52$963,322$552,715$459,603$818,782
53$997,476$515,693$410,894$818,321
54$1,033,094$474,838$358,535$816,879
55$1,070,262$429,897$302,338$814,397
56$1,109,073$380,606$242,111$810,814
57$1,149,626$326,684$177,649$806,067
58$1,192,030$267,833$108,742$800,091
59$1,236,400$203,741$35,169$792,820
60$1,282,865$134,076$0$784,187
61$1,331,560$58,488$0$783,373
62$1,382,633$0$0$789,669
63$1,436,247$0$0$802,495
64$1,492,576$0$0$834,249
65$1,551,809$0$0$867,664
66$1,614,155$0$0$902,859
67$1,679,839$0$0$939,965
68$1,749,104$0$0$979,124
69$1,822,220$0$0$1,020,490
70$1,899,476$0$0$1,064,233
71$1,981,191$0$0$1,110,536
72$2,067,712$0$0$1,159,602
73$2,159,419$0$0$1,211,650
74$2,256,724$0$0$1,266,920
75$2,360,082$0$0$1,325,676
76$2,469,987$0$0$1,388,206
77$2,586,981$0$0$1,454,823
78$2,711,658$0$0$1,525,874
79$2,844,667$0$0$1,601,736
80$2,986,721$0$0$1,682,822
81$3,138,598$0$0$1,769,588
82$3,301,156$0$0$1,862,529
83$3,475,330$0$0$1,962,193
84$3,662,150$0$0$2,069,177
85$3,862,744$0$0$2,184,139
86$4,078,350$0$0$2,307,801
87$4,310,330$0$0$2,440,953
88$4,560,175$0$0$2,584,466
89$4,829,525$0$0$2,739,296
90$5,120,181$0$0$2,906,492
91$5,434,123$0$0$3,087,207
92$5,773,525$0$0$3,282,708
93$6,140,777$0$0$3,494,390
94$6,538,507$0$0$3,723,784
95$6,969,604$0$0$3,972,575
96$7,437,243$0$0$4,242,615
97$7,944,920$0$0$4,535,941
98$8,496,475$0$0$4,854,795
99$9,096,136$0$0$5,201,642
100$9,748,553$0$0$5,579,194