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%17.3%
1 years$56,649$56,145$55,652$55,172$54,703$53,079
2 years$28,044$27,522$27,016$26,525$26,049$24,427
3 years$18,510$17,986$17,481$16,995$16,526$14,956
4 years$13,744$13,222$12,722$12,244$11,787$10,281
5 years$10,886$10,366$9,873$9,404$8,960$7,522
6 years$8,980$8,464$7,978$7,521$7,090$5,722
7 years$7,620$7,108$6,630$6,183$5,766$4,467
8 years$6,600$6,093$5,623$5,187$4,783$3,553
9 years$5,807$5,305$4,843$4,418$4,028$2,866
10 years$5,174$4,676$4,222$3,808$3,432$2,336
11 years$4,655$4,163$3,717$3,315$2,952$1,919
12 years$4,224$3,737$3,299$2,907$2,558$1,587
13 years$3,859$3,377$2,947$2,567$2,231$1,319
14 years$3,546$3,069$2,648$2,278$1,955$1,102
15 years$3,276$2,804$2,391$2,032$1,722$923
16 years$3,039$2,573$2,168$1,819$1,522$775
17 years$2,831$2,369$1,973$1,635$1,349$653
18 years$2,646$2,189$1,801$1,473$1,200$551
19 years$2,480$2,029$1,648$1,331$1,069$465
20 years$2,331$1,885$1,513$1,206$955$394
21 years$2,197$1,756$1,392$1,094$855$334
22 years$2,075$1,639$1,283$995$766$283
23 years$1,964$1,533$1,184$906$688$240
24 years$1,862$1,437$1,095$826$618$204
25 years$1,769$1,348$1,014$755$556$173
26 years$1,682$1,267$941$690$501$147
27 years$1,603$1,192$874$632$452$125
28 years$1,529$1,124$812$579$408$107
29 years$1,460$1,060$756$531$368$91
30 years$1,396$1,001$704$487$333$77
31 years$1,337$946$656$447$301$66
32 years$1,281$895$612$411$272$56
33 years$1,229$848$572$378$246$48
34 years$1,179$804$534$348$223$41
35 years$1,133$762$499$320$202$35
36 years$1,090$724$467$295$183$29
37 years$1,048$687$437$272$166$25
38 years$1,010$653$409$250$150$21
39 years$973$621$384$231$136$18
40 years$938$591$360$213$124$16
41 years$905$562$337$196$112$13
42 years$873$536$316$181$102$11
43 years$844$510$297$167$92$10
44 years$815$486$279$155$84$8
45 years$788$464$262$143$76$7
46 years$762$443$246$132$69$6
47 years$737$422$231$122$63$5
48 years$714$403$217$113$57$4
49 years$691$385$204$104$52$4
50 years$670$368$192$96$47$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $686,000, adding $5,116 every year, while hoping to spend $25,980 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: 29/49/22 Blend
44$686,000$686,000$686,000$686,000
45$761,249$724,891$714,258$777,960
46$811,254$732,768$710,543$799,152
47$865,489$740,161$705,833$819,266
48$924,357$747,017$700,067$840,348
49$988,304$753,283$693,182$862,495
50$1,057,817$758,900$685,110$885,821
51$1,133,435$763,807$675,782$910,448
52$1,215,749$767,938$665,124$936,516
53$1,305,411$771,222$653,061$964,179
54$1,403,136$773,585$639,512$993,610
55$1,509,713$774,948$624,393$1,025,001
56$1,626,010$775,227$607,616$1,058,566
57$1,752,982$774,331$589,090$1,094,544
58$1,891,681$772,168$568,719$1,133,200
59$2,043,263$768,635$546,401$1,174,829
60$2,209,003$763,625$522,033$1,219,760
61$2,390,305$757,027$495,505$1,268,359
62$2,588,713$748,718$466,701$1,321,031
63$2,805,928$738,572$435,503$1,378,227
64$3,043,825$726,453$401,783$1,440,448
65$3,304,464$712,219$365,413$1,508,250
66$3,590,120$695,718$326,254$1,582,250
67$3,903,293$676,789$284,165$1,663,133
68$4,246,740$655,263$238,995$1,751,659
69$4,623,496$630,959$190,590$1,848,669
70$5,036,903$603,687$138,786$1,955,098
71$5,490,646$573,246$83,413$2,071,979
72$5,988,779$539,423$24,295$2,200,461
73$6,535,772$501,992$0$2,341,812
74$7,136,546$460,715$0$2,506,547
75$7,796,525$415,341$0$2,693,795
76$8,521,681$365,603$0$2,899,618
77$9,318,594$311,220$0$3,125,975
78$10,194,516$251,894$0$3,375,030
79$11,157,433$187,313$0$3,649,172
80$12,216,144$117,144$0$3,951,044
81$13,380,344$41,038$0$4,283,564
82$14,660,714$0$0$4,649,954
83$16,069,023$0$0$5,076,084
84$17,618,236$0$0$5,569,315
85$19,322,639$0$0$6,112,083
86$21,197,972$0$0$6,709,416
87$23,261,579$0$0$7,366,855
88$25,532,569$0$0$8,090,505
89$28,031,996$0$0$8,887,093
90$30,783,060$0$0$9,764,030
91$33,811,325$0$0$10,729,483
92$37,144,957$0$0$11,792,453
93$40,814,993$0$0$12,962,856
94$44,855,632$0$0$14,251,618
95$49,304,558$0$0$15,670,781
96$54,203,295$0$0$17,233,611
97$59,597,597$0$0$18,954,729
98$65,537,884$0$0$20,850,244
99$72,079,711$0$0$22,937,909
100$79,284,300$0$0$25,237,286