Can I retire at age 45 with 317,000?

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 $317,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$26,178$25,944$25,717$25,495$25,278$24,557
2 years$12,959$12,718$12,484$12,257$12,037$11,317
3 years$8,554$8,311$8,078$7,853$7,637$6,939
4 years$6,351$6,110$5,879$5,658$5,447$4,777
5 years$5,030$4,790$4,562$4,346$4,140$3,501
6 years$4,150$3,911$3,687$3,475$3,276$2,667
7 years$3,521$3,285$3,064$2,857$2,664$2,086
8 years$3,050$2,816$2,598$2,397$2,210$1,662
9 years$2,684$2,452$2,238$2,042$1,861$1,343
10 years$2,391$2,161$1,951$1,760$1,586$1,097
11 years$2,151$1,924$1,718$1,532$1,364$903
12 years$1,952$1,727$1,524$1,343$1,182$748
13 years$1,783$1,560$1,362$1,186$1,031$623
14 years$1,639$1,418$1,224$1,053$904$521
15 years$1,514$1,296$1,105$939$796$438
16 years$1,404$1,189$1,002$841$703$368
17 years$1,308$1,095$912$755$623$311
18 years$1,223$1,012$832$681$554$263
19 years$1,146$938$762$615$494$223
20 years$1,077$871$699$557$441$189
21 years$1,015$812$643$506$395$160
22 years$959$758$593$460$354$136
23 years$908$709$547$419$318$116
24 years$860$664$506$382$286$99
25 years$817$623$469$349$257$84
26 years$777$585$435$319$232$72
27 years$741$551$404$292$209$61
28 years$707$519$375$267$188$52
29 years$675$490$349$245$170$44
30 years$645$463$325$225$154$38
31 years$618$437$303$207$139$32
32 years$592$414$283$190$126$28
33 years$568$392$264$175$114$24
34 years$545$371$247$161$103$20
35 years$524$352$231$148$93$17
36 years$503$334$216$136$85$15
37 years$484$318$202$126$77$13
38 years$466$302$189$116$69$11
39 years$449$287$177$107$63$9
40 years$433$273$166$98$57$8
41 years$418$260$156$91$52$7
42 years$404$248$146$84$47$6
43 years$390$236$137$77$43$5
44 years$377$225$129$71$39$4
45 years$364$214$121$66$35$4
46 years$352$204$114$61$32$3
47 years$341$195$107$56$29$3
48 years$330$186$100$52$26$2
49 years$319$178$94$48$24$2
50 years$310$170$89$44$22$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $317,000, adding $3,512 every year, while hoping to spend $26,997 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: 71/22/7 Blend
44$317,000$317,000$317,000$317,000
45$352,957$336,156$331,242$377,392
46$360,234$323,903$313,614$381,750
47$367,348$310,144$294,491$382,835
48$374,255$294,779$273,793$383,276
49$380,903$277,697$251,440$383,001
50$387,237$258,786$227,345$381,934
51$393,192$237,924$201,418$379,990
52$398,698$214,983$173,566$377,080
53$403,676$189,827$143,691$373,101
54$408,038$162,315$111,691$367,945
55$411,684$132,296$77,460$361,493
56$414,507$99,609$40,885$353,615
57$416,383$64,086$1,852$344,167
58$417,178$25,551$0$332,994
59$416,742$0$0$322,899
60$414,907$0$0$314,983
61$411,488$0$0$312,004
62$406,279$0$0$307,615
63$399,053$0$0$301,638
64$389,557$0$0$293,875
65$377,511$0$0$284,105
66$362,605$0$0$272,088
67$344,496$0$0$257,553
68$322,805$0$0$240,204
69$297,111$0$0$219,711
70$266,949$0$0$195,710
71$231,807$0$0$167,800
72$191,115$0$0$135,534
73$144,246$0$0$98,422
74$90,506$0$0$55,920
75$29,129$0$0$7,428
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0