Can I retire at age 45 with 686,000?

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 $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%14%
1 years$56,649$56,145$55,652$55,172$54,703$53,796
2 years$28,044$27,522$27,016$26,525$26,049$25,138
3 years$18,510$17,986$17,481$16,995$16,526$15,640
4 years$13,744$13,222$12,722$12,244$11,787$10,932
5 years$10,886$10,366$9,873$9,404$8,960$8,139
6 years$8,980$8,464$7,978$7,521$7,090$6,303
7 years$7,620$7,108$6,630$6,183$5,766$5,013
8 years$6,600$6,093$5,623$5,187$4,783$4,065
9 years$5,807$5,305$4,843$4,418$4,028$3,344
10 years$5,174$4,676$4,222$3,808$3,432$2,782
11 years$4,655$4,163$3,717$3,315$2,952$2,334
12 years$4,224$3,737$3,299$2,907$2,558$1,973
13 years$3,859$3,377$2,947$2,567$2,231$1,676
14 years$3,546$3,069$2,648$2,278$1,955$1,431
15 years$3,276$2,804$2,391$2,032$1,722$1,227
16 years$3,039$2,573$2,168$1,819$1,522$1,055
17 years$2,831$2,369$1,973$1,635$1,349$910
18 years$2,646$2,189$1,801$1,473$1,200$787
19 years$2,480$2,029$1,648$1,331$1,069$681
20 years$2,331$1,885$1,513$1,206$955$591
21 years$2,197$1,756$1,392$1,094$855$513
22 years$2,075$1,639$1,283$995$766$447
23 years$1,964$1,533$1,184$906$688$389
24 years$1,862$1,437$1,095$826$618$339
25 years$1,769$1,348$1,014$755$556$296
26 years$1,682$1,267$941$690$501$258
27 years$1,603$1,192$874$632$452$226
28 years$1,529$1,124$812$579$408$197
29 years$1,460$1,060$756$531$368$172
30 years$1,396$1,001$704$487$333$151
31 years$1,337$946$656$447$301$132
32 years$1,281$895$612$411$272$115
33 years$1,229$848$572$378$246$101
34 years$1,179$804$534$348$223$89
35 years$1,133$762$499$320$202$78
36 years$1,090$724$467$295$183$68
37 years$1,048$687$437$272$166$60
38 years$1,010$653$409$250$150$52
39 years$973$621$384$231$136$46
40 years$938$591$360$213$124$40
41 years$905$562$337$196$112$35
42 years$873$536$316$181$102$31
43 years$844$510$297$167$92$27
44 years$815$486$279$155$84$24
45 years$788$464$262$143$76$21
46 years$762$443$246$132$69$18
47 years$737$422$231$122$63$16
48 years$714$403$217$113$57$14
49 years$691$385$204$104$52$12
50 years$670$368$192$96$47$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $686,000, adding $4,468 every year, while hoping to spend $40,104 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: 59/19/22 Blend
44$686,000$686,000$686,000$686,000
45$760,581$724,223$713,590$800,754
46$795,490$717,039$694,825$821,386
47$832,615$708,160$674,087$839,143
48$872,141$697,459$651,268$857,627
49$914,268$684,803$626,254$876,918
50$959,217$670,052$598,928$897,103
51$1,007,230$653,057$569,164$918,282
52$1,058,570$633,659$536,833$940,566
53$1,113,527$611,692$501,801$964,079
54$1,172,421$586,979$463,925$988,961
55$1,235,598$559,331$423,057$1,015,368
56$1,303,443$528,553$379,043$1,043,474
57$1,376,376$494,433$331,722$1,073,474
58$1,454,857$456,751$280,926$1,105,586
59$1,539,393$415,272$226,477$1,140,052
60$1,630,539$369,749$168,193$1,177,144
61$1,728,908$319,921$105,881$1,217,162
62$1,835,171$265,510$39,342$1,260,442
63$1,950,064$206,226$0$1,307,359
64$2,074,399$141,760$0$1,365,763
65$2,209,067$71,786$0$1,439,022
66$2,355,049$0$0$1,518,458
67$2,513,421$0$0$1,605,546
68$2,685,369$0$0$1,716,441
69$2,872,197$0$0$1,836,982
70$3,075,338$0$0$1,968,101
71$3,296,370$0$0$2,110,822
72$3,537,028$0$0$2,266,272
73$3,799,224$0$0$2,435,694
74$4,085,058$0$0$2,620,451
75$4,396,844$0$0$2,822,047
76$4,737,128$0$0$3,042,137
77$5,108,713$0$0$3,282,542
78$5,514,684$0$0$3,545,267
79$5,958,438$0$0$3,832,518
80$6,443,714$0$0$4,146,727
81$6,974,631$0$0$4,490,568
82$7,555,721$0$0$4,866,989
83$8,191,977$0$0$5,279,234
84$8,888,897$0$0$5,730,876
85$9,652,534$0$0$6,225,850
86$10,489,558$0$0$6,768,490
87$11,407,310$0$0$7,363,569
88$12,413,880$0$0$8,016,343
89$13,518,174$0$0$8,732,603
90$14,730,007$0$0$9,518,728
91$16,060,185$0$0$10,381,743
92$17,520,614$0$0$11,329,386
93$19,124,409$0$0$12,370,184
94$20,886,017$0$0$13,513,526
95$22,821,353$0$0$14,769,759
96$24,947,950$0$0$16,150,281
97$27,285,122$0$0$17,667,647
98$29,854,149$0$0$19,335,690
99$32,678,475$0$0$21,169,651
100$35,783,926$0$0$23,186,320