Can I retire at age 54 with 445,000?

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 $445,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$36,748$36,420$36,101$35,789$35,485$34,335
2 years$18,192$17,853$17,525$17,206$16,898$15,750
3 years$12,007$11,667$11,340$11,024$10,721$9,611
4 years$8,916$8,577$8,252$7,942$7,646$6,583
5 years$7,061$6,724$6,404$6,101$5,812$4,799
6 years$5,825$5,491$5,176$4,879$4,599$3,636
7 years$4,943$4,611$4,301$4,011$3,740$2,828
8 years$4,281$3,953$3,647$3,365$3,103$2,240
9 years$3,767$3,441$3,142$2,866$2,613$1,799
10 years$3,356$3,033$2,739$2,471$2,227$1,460
11 years$3,020$2,701$2,411$2,150$1,915$1,194
12 years$2,740$2,424$2,140$1,886$1,659$983
13 years$2,503$2,190$1,912$1,665$1,447$813
14 years$2,300$1,991$1,718$1,478$1,268$676
15 years$2,125$1,819$1,551$1,318$1,117$563
16 years$1,972$1,669$1,406$1,180$987$471
17 years$1,836$1,537$1,280$1,060$875$394
18 years$1,716$1,420$1,168$956$778$331
19 years$1,609$1,316$1,069$864$694$278
20 years$1,512$1,223$981$782$620$234
21 years$1,425$1,139$903$710$554$197
22 years$1,346$1,063$832$645$497$166
23 years$1,274$995$768$588$446$140
24 years$1,208$932$710$536$401$119
25 years$1,147$875$658$490$361$100
26 years$1,091$822$610$448$325$85
27 years$1,040$774$567$410$293$72
28 years$992$729$527$375$264$61
29 years$947$688$490$344$239$51
30 years$906$649$457$316$216$43
31 years$867$614$426$290$195$37
32 years$831$581$397$267$176$31
33 years$797$550$371$245$160$26
34 years$765$521$347$226$145$22
35 years$735$494$324$208$131$19
36 years$707$469$303$191$119$16
37 years$680$446$284$176$108$14
38 years$655$424$266$162$97$11
39 years$631$403$249$150$88$10
40 years$608$383$233$138$80$8
41 years$587$365$219$127$73$7
42 years$567$347$205$118$66$6
43 years$547$331$193$109$60$5
44 years$529$316$181$100$54$4
45 years$511$301$170$93$49$4
46 years$494$287$159$86$45$3
47 years$478$274$150$79$41$3
48 years$463$262$141$73$37$2
49 years$448$250$132$67$34$2
50 years$434$239$124$62$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $445,000, adding $3,790 every year, while hoping to spend $25,535 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: 75/16/9 Blend
53$445,000$445,000$445,000$445,000
54$494,299$470,714$463,817$530,344
55$517,549$466,610$452,186$550,503
56$542,314$461,449$439,309$568,983
57$568,722$455,153$425,118$588,509
58$596,914$447,637$409,541$609,179
59$627,042$438,814$392,504$631,096
60$659,273$428,589$373,926$654,376
61$693,793$416,864$353,727$679,147
62$730,804$403,534$331,820$705,552
63$770,526$388,487$308,116$733,744
64$813,203$371,606$282,521$763,899
65$859,101$352,767$254,938$796,205
66$908,514$331,837$225,263$830,874
67$961,764$308,678$193,390$868,138
68$1,019,203$283,143$159,208$908,255
69$1,081,220$255,075$122,600$951,508
70$1,148,242$224,312$83,445$998,211
71$1,220,738$190,677$41,615$1,048,712
72$1,299,222$153,990$0$1,103,392
73$1,384,261$114,054$0$1,162,966
74$1,476,479$70,666$0$1,231,893
75$1,576,561$23,609$0$1,306,704
76$1,685,259$0$0$1,387,982
77$1,803,403$0$0$1,481,186
78$1,931,904$0$0$1,587,099
79$2,071,767$0$0$1,702,392
80$2,224,093$0$0$1,827,978
81$2,390,099$0$0$1,964,859
82$2,571,120$0$0$2,114,140
83$2,768,628$0$0$2,277,038
84$2,984,243$0$0$2,454,890
85$3,219,747$0$0$2,649,168
86$3,477,101$0$0$2,861,496
87$3,758,468$0$0$3,093,657
88$4,066,226$0$0$3,347,618
89$4,402,992$0$0$3,625,542
90$4,771,653$0$0$3,929,814
91$5,175,383$0$0$4,263,057
92$5,617,679$0$0$4,628,162
93$6,102,394$0$0$5,028,310
94$6,633,768$0$0$5,467,009
95$7,216,474$0$0$5,948,118
96$7,855,657$0$0$6,475,889
97$8,556,984$0$0$7,055,006
98$9,326,698$0$0$7,690,629
99$10,171,676$0$0$8,388,439
100$11,099,491$0$0$9,154,697