Can I retire at age 45 with 333,000?

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 $333,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$27,499$27,254$27,015$26,782$26,554$26,028
2 years$13,613$13,360$13,114$12,876$12,645$12,118
3 years$8,985$8,731$8,486$8,250$8,022$7,510
4 years$6,672$6,418$6,175$5,943$5,722$5,228
5 years$5,284$5,032$4,792$4,565$4,349$3,876
6 years$4,359$4,109$3,873$3,651$3,442$2,988
7 years$3,699$3,451$3,218$3,001$2,799$2,367
8 years$3,204$2,958$2,729$2,518$2,322$1,910
9 years$2,819$2,575$2,351$2,145$1,955$1,564
10 years$2,511$2,270$2,050$1,849$1,666$1,295
11 years$2,260$2,021$1,804$1,609$1,433$1,081
12 years$2,050$1,814$1,601$1,411$1,242$909
13 years$1,873$1,639$1,431$1,246$1,083$768
14 years$1,721$1,490$1,286$1,106$949$652
15 years$1,590$1,361$1,161$986$836$556
16 years$1,475$1,249$1,052$883$739$476
17 years$1,374$1,150$958$794$655$408
18 years$1,284$1,063$874$715$582$350
19 years$1,204$985$800$646$519$302
20 years$1,132$915$734$585$464$260
21 years$1,067$853$675$531$415$225
22 years$1,007$796$623$483$372$194
23 years$953$744$575$440$334$168
24 years$904$697$532$401$300$146
25 years$859$654$492$366$270$126
26 years$817$615$457$335$243$109
27 years$778$579$424$307$219$95
28 years$742$545$394$281$198$83
29 years$709$515$367$258$179$72
30 years$678$486$342$236$161$62
31 years$649$459$319$217$146$54
32 years$622$435$297$200$132$47
33 years$596$412$278$183$119$41
34 years$572$390$259$169$108$36
35 years$550$370$242$155$98$31
36 years$529$351$227$143$89$27
37 years$509$334$212$132$80$23
38 years$490$317$199$122$73$20
39 years$472$301$186$112$66$18
40 years$455$287$175$103$60$15
41 years$439$273$164$95$54$13
42 years$424$260$154$88$49$12
43 years$409$248$144$81$45$10
44 years$396$236$135$75$41$9
45 years$382$225$127$69$37$8
46 years$370$215$119$64$34$7
47 years$358$205$112$59$30$6
48 years$347$196$105$55$28$5
49 years$336$187$99$50$25$4
50 years$325$179$93$47$23$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $333,000, adding $6,492 every year, while hoping to spend $26,233 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: 58/15/27 Blend
44$333,000$333,000$333,000$333,000
45$373,662$356,013$350,852$392,246
46$383,864$345,546$334,694$395,226
47$394,228$333,687$317,115$395,145
48$404,741$320,340$298,041$394,510
49$415,391$305,403$277,392$393,276
50$426,163$288,770$255,086$391,392
51$437,038$270,326$231,038$388,805
52$447,995$249,952$205,157$385,459
53$459,012$227,520$177,351$381,291
54$470,059$202,897$147,520$376,236
55$481,106$175,940$115,564$370,223
56$492,118$146,500$81,374$363,177
57$503,055$114,419$44,840$355,015
58$513,870$79,529$5,846$345,650
59$524,512$41,654$0$334,987
60$534,925$607$0$333,230
61$545,042$0$0$332,432
62$554,791$0$0$338,057
63$564,090$0$0$343,480
64$572,848$0$0$348,540
65$580,964$0$0$353,173
66$588,321$0$0$357,304
67$594,795$0$0$360,851
68$600,242$0$0$363,725
69$604,506$0$0$365,822
70$607,410$0$0$367,031
71$608,760$0$0$367,226
72$608,338$0$0$366,267
73$605,904$0$0$364,001
74$601,190$0$0$360,255
75$593,900$0$0$354,840
76$583,706$0$0$347,544
77$570,242$0$0$338,134
78$553,106$0$0$326,351
79$531,849$0$0$311,909
80$505,978$0$0$294,490
81$474,944$0$0$273,744
82$438,141$0$0$249,282
83$394,900$0$0$220,675
84$344,477$0$0$187,447
85$286,055$0$0$149,075
86$218,726$0$0$104,978
87$141,490$0$0$54,514
88$53,240$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