Can I retire at age 45 with 686,000?

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 $686,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$56,649$56,145$55,652$55,172$54,703$53,997
2 years$28,044$27,522$27,016$26,525$26,049$25,339
3 years$18,510$17,986$17,481$16,995$16,526$15,834
4 years$13,744$13,222$12,722$12,244$11,787$11,118
5 years$10,886$10,366$9,873$9,404$8,960$8,316
6 years$8,980$8,464$7,978$7,521$7,090$6,472
7 years$7,620$7,108$6,630$6,183$5,766$5,174
8 years$6,600$6,093$5,623$5,187$4,783$4,217
9 years$5,807$5,305$4,843$4,418$4,028$3,488
10 years$5,174$4,676$4,222$3,808$3,432$2,917
11 years$4,655$4,163$3,717$3,315$2,952$2,462
12 years$4,224$3,737$3,299$2,907$2,558$2,092
13 years$3,859$3,377$2,947$2,567$2,231$1,789
14 years$3,546$3,069$2,648$2,278$1,955$1,536
15 years$3,276$2,804$2,391$2,032$1,722$1,325
16 years$3,039$2,573$2,168$1,819$1,522$1,147
17 years$2,831$2,369$1,973$1,635$1,349$995
18 years$2,646$2,189$1,801$1,473$1,200$866
19 years$2,480$2,029$1,648$1,331$1,069$755
20 years$2,331$1,885$1,513$1,206$955$659
21 years$2,197$1,756$1,392$1,094$855$577
22 years$2,075$1,639$1,283$995$766$505
23 years$1,964$1,533$1,184$906$688$443
24 years$1,862$1,437$1,095$826$618$389
25 years$1,769$1,348$1,014$755$556$342
26 years$1,682$1,267$941$690$501$300
27 years$1,603$1,192$874$632$452$264
28 years$1,529$1,124$812$579$408$233
29 years$1,460$1,060$756$531$368$205
30 years$1,396$1,001$704$487$333$181
31 years$1,337$946$656$447$301$159
32 years$1,281$895$612$411$272$140
33 years$1,229$848$572$378$246$124
34 years$1,179$804$534$348$223$109
35 years$1,133$762$499$320$202$96
36 years$1,090$724$467$295$183$85
37 years$1,048$687$437$272$166$75
38 years$1,010$653$409$250$150$66
39 years$973$621$384$231$136$59
40 years$938$591$360$213$124$52
41 years$905$562$337$196$112$46
42 years$873$536$316$181$102$40
43 years$844$510$297$167$92$36
44 years$815$486$279$155$84$32
45 years$788$464$262$143$76$28
46 years$762$443$246$132$69$25
47 years$737$422$231$122$63$22
48 years$714$403$217$113$57$19
49 years$691$385$204$104$52$17
50 years$670$368$192$96$47$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $686,000, adding $3,885 every year, while hoping to spend $29,640 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: 77/15/8 Blend
44$686,000$686,000$686,000$686,000
45$759,979$723,621$712,988$817,330
46$805,961$727,542$705,337$859,479
47$855,638$730,662$696,435$901,475
48$909,359$732,909$686,211$946,658
49$967,501$734,210$674,587$995,332
50$1,030,484$734,484$661,484$1,047,832
51$1,098,767$733,647$646,817$1,104,528
52$1,172,855$731,609$630,499$1,165,827
53$1,253,303$728,275$612,437$1,232,178
54$1,340,722$723,542$592,536$1,304,076
55$1,435,785$717,305$570,695$1,382,066
56$1,539,231$709,449$546,810$1,466,750
57$1,651,874$699,854$520,769$1,558,789
58$1,774,609$688,390$492,459$1,658,914
59$1,908,422$674,924$461,759$1,767,930
60$2,054,397$659,312$428,544$1,886,724
61$2,213,728$641,400$392,683$2,016,276
62$2,387,729$621,030$354,038$2,157,662
63$2,577,846$598,029$312,467$2,312,072
64$2,785,672$572,218$267,821$2,480,818
65$3,012,960$543,407$219,943$2,665,342
66$3,261,641$511,393$168,670$2,867,240
67$3,533,840$475,963$113,832$3,088,267
68$3,831,899$436,891$55,252$3,330,359
69$4,158,393$393,940$0$3,595,650
70$4,516,163$346,857$0$3,887,114
71$4,908,334$295,376$0$4,211,799
72$5,338,350$239,214$0$4,567,860
73$5,810,002$178,077$0$4,958,469
74$6,327,468$111,648$0$5,387,120
75$6,895,348$39,597$0$5,857,666
76$7,518,709$0$0$6,374,350
77$8,203,135$0$0$6,948,195
78$8,954,774$0$0$7,585,598
79$9,780,400$0$0$8,285,768
80$10,687,475$0$0$9,055,039
81$11,684,221$0$0$9,900,386
82$12,779,693$0$0$10,829,492
83$13,983,869$0$0$11,850,825
84$15,307,742$0$0$12,973,709
85$16,763,422$0$0$14,208,423
86$18,364,250$0$0$15,566,286
87$20,124,929$0$0$17,059,772
88$22,061,654$0$0$18,702,624
89$24,192,271$0$0$20,509,984
90$26,536,440$0$0$22,498,535
91$29,115,827$0$0$24,686,658
92$31,954,300$0$0$27,094,609
93$35,078,160$0$0$29,744,702
94$38,516,386$0$0$32,661,528
95$42,300,909$0$0$35,872,181
96$46,466,913$0$0$39,406,514
97$51,053,166$0$0$43,297,424
98$56,102,385$0$0$47,581,156
99$61,661,641$0$0$52,297,653
100$67,782,801$0$0$57,490,923