Can I retire at age 65 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$37,161$36,830$36,507$36,191$35,884$35,045
2 years$18,396$18,054$17,722$17,400$17,087$16,247
3 years$12,142$11,798$11,467$11,148$10,841$10,025
4 years$9,016$8,673$8,345$8,032$7,732$6,947
5 years$7,141$6,800$6,476$6,169$5,878$5,126
6 years$5,891$5,552$5,234$4,933$4,651$3,933
7 years$4,999$4,663$4,349$4,056$3,782$3,099
8 years$4,330$3,997$3,688$3,403$3,138$2,488
9 years$3,810$3,480$3,177$2,898$2,642$2,026
10 years$3,394$3,068$2,770$2,498$2,252$1,668
11 years$3,054$2,731$2,438$2,174$1,936$1,385
12 years$2,771$2,451$2,164$1,907$1,678$1,157
13 years$2,531$2,215$1,933$1,684$1,463$972
14 years$2,326$2,013$1,737$1,495$1,283$821
15 years$2,149$1,839$1,568$1,333$1,129$695
16 years$1,994$1,688$1,422$1,193$998$591
17 years$1,857$1,554$1,294$1,072$885$503
18 years$1,735$1,436$1,181$966$787$430
19 years$1,627$1,331$1,081$873$701$368
20 years$1,529$1,237$992$791$627$315
21 years$1,441$1,152$913$718$561$270
22 years$1,361$1,075$841$653$503$232
23 years$1,288$1,006$777$594$451$199
24 years$1,222$942$718$542$405$171
25 years$1,160$884$665$495$365$147
26 years$1,104$831$617$453$329$127
27 years$1,051$782$573$414$296$109
28 years$1,003$737$533$380$267$94
29 years$958$695$496$348$241$81
30 years$916$657$462$319$218$70
31 years$877$621$430$293$197$61
32 years$840$587$402$270$178$52
33 years$806$556$375$248$161$45
34 years$774$527$350$228$146$39
35 years$743$500$328$210$132$34
36 years$715$475$306$193$120$29
37 years$688$451$287$178$109$25
38 years$662$428$269$164$99$22
39 years$638$407$252$151$89$19
40 years$615$388$236$140$81$16
41 years$594$369$221$129$74$14
42 years$573$351$207$119$67$12
43 years$553$335$195$110$61$10
44 years$535$319$183$101$55$9
45 years$517$304$172$94$50$8
46 years$500$290$161$86$45$7
47 years$484$277$151$80$41$6
48 years$468$264$142$74$37$5
49 years$454$253$134$68$34$4
50 years$439$241$126$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $450,000, adding $3,655 every year, while hoping to spend $23,137 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: 32/43/25 Blend
64$450,000$450,000$450,000$450,000
65$499,670$475,820$468,845$511,736
66$526,019$474,518$459,934$519,900
67$554,280$472,376$449,949$526,368
68$584,623$469,330$438,829$532,871
69$617,237$465,309$426,512$539,427
70$652,326$460,240$412,931$546,058
71$690,116$454,045$398,017$552,791
72$730,856$446,640$381,698$559,657
73$774,817$437,939$363,898$566,694
74$822,298$427,848$344,539$573,944
75$873,628$416,269$323,537$581,457
76$929,170$403,097$300,807$589,292
77$989,318$388,222$276,258$597,517
78$1,054,512$371,528$249,795$606,207
79$1,125,230$352,891$221,321$615,451
80$1,202,001$332,180$190,733$625,350
81$1,285,405$309,257$157,922$636,019
82$1,376,082$283,976$122,778$647,588
83$1,474,734$256,182$85,183$660,205
84$1,582,134$225,713$45,014$674,038
85$1,699,135$192,396$2,145$689,276
86$1,826,671$156,048$0$706,133
87$1,965,775$116,477$0$736,482
88$2,117,579$73,480$0$770,328
89$2,283,334$26,842$0$807,441
90$2,464,412$0$0$848,204
91$2,662,329$0$0$904,240
92$2,878,749$0$0$979,468
93$3,115,507$0$0$1,061,835
94$3,374,624$0$0$1,152,049
95$3,658,321$0$0$1,250,896
96$3,969,050$0$0$1,359,238
97$4,309,508$0$0$1,478,024
98$4,682,663$0$0$1,608,300
99$5,091,789$0$0$1,751,220
100$5,540,487$0$0$1,908,052