Can I retire at age 45 with 369,000?

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 $369,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$30,472$30,200$29,935$29,677$29,425$28,528
2 years$15,085$14,804$14,532$14,268$14,012$13,116
3 years$9,957$9,675$9,403$9,141$8,890$8,023
4 years$7,393$7,112$6,843$6,586$6,340$5,510
5 years$5,855$5,576$5,310$5,059$4,820$4,027
6 years$4,831$4,553$4,292$4,045$3,814$3,060
7 years$4,099$3,824$3,566$3,326$3,102$2,386
8 years$3,550$3,278$3,025$2,790$2,573$1,896
9 years$3,124$2,854$2,605$2,377$2,167$1,527
10 years$2,783$2,515$2,271$2,049$1,846$1,243
11 years$2,504$2,239$1,999$1,783$1,588$1,020
12 years$2,272$2,010$1,774$1,564$1,376$843
13 years$2,076$1,816$1,585$1,381$1,200$699
14 years$1,908$1,651$1,424$1,226$1,052$583
15 years$1,762$1,508$1,286$1,093$926$488
16 years$1,635$1,384$1,166$979$818$409
17 years$1,523$1,274$1,061$879$726$344
18 years$1,423$1,178$969$792$645$290
19 years$1,334$1,091$887$716$575$245
20 years$1,254$1,014$814$649$514$207
21 years$1,182$945$749$589$460$175
22 years$1,116$882$690$535$412$148
23 years$1,056$825$637$487$370$125
24 years$1,002$773$589$445$332$106
25 years$951$725$546$406$299$90
26 years$905$682$506$371$270$77
27 years$862$641$470$340$243$65
28 years$822$604$437$311$219$55
29 years$786$570$407$285$198$47
30 years$751$538$379$262$179$40
31 years$719$509$353$241$162$34
32 years$689$482$329$221$146$29
33 years$661$456$308$203$132$25
34 years$634$432$287$187$120$21
35 years$610$410$269$172$109$18
36 years$586$389$251$159$98$15
37 years$564$370$235$146$89$13
38 years$543$351$220$135$81$11
39 years$523$334$206$124$73$9
40 years$504$318$193$115$66$8
41 years$487$303$181$106$60$7
42 years$470$288$170$98$55$6
43 years$454$275$160$90$50$5
44 years$438$262$150$83$45$4
45 years$424$250$141$77$41$4
46 years$410$238$132$71$37$3
47 years$397$227$124$66$34$3
48 years$384$217$117$61$31$2
49 years$372$207$110$56$28$2
50 years$360$198$103$52$25$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $369,000, adding $6,384 every year, while hoping to spend $20,674 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: 55/20/25 Blend
44$369,000$369,000$369,000$369,000
45$413,223$393,666$387,947$432,792
46$433,375$390,959$378,946$444,236
47$454,889$387,426$368,951$454,003
48$477,883$383,005$357,906$464,212
49$502,486$377,631$345,754$474,911
50$528,837$371,232$332,434$486,155
51$557,091$363,736$317,884$498,006
52$587,419$355,063$302,037$510,534
53$620,005$345,130$284,825$523,815
54$655,054$333,850$266,175$537,937
55$692,790$321,130$246,013$552,997
56$733,459$306,870$224,259$569,102
57$777,332$290,966$200,831$586,373
58$824,705$273,308$175,644$604,946
59$875,905$253,780$148,608$624,970
60$931,290$232,258$119,629$646,614
61$991,254$208,612$88,610$670,062
62$1,056,232$182,704$55,448$695,523
63$1,126,699$154,388$20,037$723,228
64$1,203,180$123,511$0$753,433
65$1,286,251$89,909$0$791,160
66$1,376,547$53,413$0$838,001
67$1,474,764$13,839$0$888,990
68$1,581,670$0$0$944,553
69$1,698,110$0$0$1,011,542
70$1,825,012$0$0$1,087,901
71$1,963,400$0$0$1,171,203
72$2,114,399$0$0$1,262,131
73$2,279,248$0$0$1,361,435
74$2,459,311$0$0$1,469,940
75$2,656,089$0$0$1,588,557
76$2,871,235$0$0$1,718,286
77$3,106,569$0$0$1,860,230
78$3,364,095$0$0$2,015,602
79$3,646,019$0$0$2,185,740
80$3,954,771$0$0$2,372,115
81$4,293,027$0$0$2,576,349
82$4,663,734$0$0$2,800,226
83$5,070,136$0$0$3,045,713
84$5,515,808$0$0$3,314,975
85$6,004,688$0$0$3,610,398
86$6,541,110$0$0$3,934,608
87$7,129,852$0$0$4,290,501
88$7,776,174$0$0$4,681,263
89$8,485,872$0$0$5,110,407
90$9,265,329$0$0$5,581,801
91$10,121,579$0$0$6,099,706
92$11,062,370$0$0$6,668,817
93$12,096,234$0$0$7,294,305
94$13,232,577$0$0$7,981,870
95$14,481,756$0$0$8,737,788
96$15,855,184$0$0$9,568,975
97$17,365,435$0$0$10,483,052
98$19,026,362$0$0$11,488,412
99$20,853,227$0$0$12,594,306
100$22,862,847$0$0$13,810,924