Can I retire at age 45 with 380,000?

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 $380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$31,380$31,101$30,828$30,562$30,302$29,497
2 years$15,535$15,245$14,965$14,693$14,429$13,625
3 years$10,254$9,963$9,683$9,414$9,155$8,375
4 years$7,614$7,324$7,047$6,782$6,529$5,780
5 years$6,030$5,742$5,469$5,209$4,963$4,247
6 years$4,975$4,689$4,420$4,166$3,927$3,245
7 years$4,221$3,938$3,673$3,425$3,194$2,545
8 years$3,656$3,375$3,115$2,873$2,650$2,034
9 years$3,217$2,939$2,683$2,447$2,231$1,648
10 years$2,866$2,590$2,339$2,110$1,901$1,350
11 years$2,579$2,306$2,059$1,836$1,635$1,115
12 years$2,340$2,070$1,827$1,610$1,417$927
13 years$2,138$1,871$1,633$1,422$1,236$775
14 years$1,964$1,700$1,467$1,262$1,083$650
15 years$1,815$1,553$1,324$1,126$954$548
16 years$1,684$1,425$1,201$1,008$843$463
17 years$1,568$1,312$1,093$906$747$392
18 years$1,466$1,213$997$816$665$333
19 years$1,374$1,124$913$737$592$283
20 years$1,291$1,044$838$668$529$241
21 years$1,217$973$771$606$473$205
22 years$1,149$908$710$551$424$175
23 years$1,088$849$656$502$381$150
24 years$1,031$796$607$458$342$128
25 years$980$747$562$418$308$109
26 years$932$702$521$382$278$94
27 years$888$661$484$350$250$80
28 years$847$622$450$321$226$69
29 years$809$587$419$294$204$59
30 years$774$555$390$270$184$50
31 years$740$524$364$248$167$43
32 years$710$496$339$228$151$37
33 years$681$470$317$209$136$32
34 years$653$445$296$193$123$27
35 years$628$422$277$177$112$23
36 years$604$401$259$163$101$20
37 years$581$381$242$150$92$17
38 years$559$362$227$139$83$15
39 years$539$344$213$128$75$13
40 years$520$327$199$118$68$11
41 years$501$312$187$109$62$9
42 years$484$297$175$100$56$8
43 years$467$283$164$93$51$7
44 years$451$269$154$86$46$6
45 years$436$257$145$79$42$5
46 years$422$245$136$73$38$4
47 years$409$234$128$67$35$4
48 years$395$223$120$62$32$3
49 years$383$213$113$58$29$3
50 years$371$204$106$53$26$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $380,000, adding $3,102 every year, while hoping to spend $28,223 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: 71/12/17 Blend
44$380,000$380,000$380,000$380,000
45$421,960$401,820$395,930$450,025
46$434,971$391,480$379,164$458,749
47$448,363$379,687$360,891$464,611
48$462,145$366,341$341,031$470,308
49$476,327$351,335$319,498$475,816
50$490,917$334,555$296,206$481,114
51$505,924$315,882$271,063$486,178
52$521,357$295,190$243,972$490,982
53$537,226$272,344$214,835$495,498
54$553,538$247,203$183,547$499,698
55$570,301$219,619$149,998$503,549
56$587,523$189,432$114,075$507,017
57$605,213$156,476$75,659$510,068
58$623,376$120,575$34,625$512,663
59$642,019$81,542$0$514,759
60$661,149$39,181$0$517,977
61$680,769$0$0$527,417
62$700,885$0$0$537,654
63$721,498$0$0$553,445
64$742,612$0$0$569,616
65$764,226$0$0$586,167
66$786,339$0$0$603,098
67$808,949$0$0$620,406
68$832,052$0$0$638,087
69$855,639$0$0$656,135
70$879,701$0$0$674,542
71$904,227$0$0$693,298
72$929,201$0$0$712,391
73$954,603$0$0$731,805
74$980,411$0$0$751,522
75$1,006,597$0$0$771,520
76$1,033,128$0$0$791,774
77$1,059,968$0$0$812,252
78$1,087,071$0$0$832,920
79$1,114,387$0$0$853,737
80$1,141,857$0$0$874,657
81$1,169,414$0$0$895,627
82$1,196,980$0$0$916,586
83$1,224,470$0$0$937,466
84$1,251,783$0$0$958,188
85$1,278,808$0$0$978,664
86$1,305,420$0$0$998,796
87$1,331,475$0$0$1,018,470
88$1,356,814$0$0$1,037,562
89$1,381,258$0$0$1,055,930
90$1,404,605$0$0$1,073,417
91$1,426,632$0$0$1,089,845
92$1,447,086$0$0$1,105,018
93$1,465,687$0$0$1,118,715
94$1,482,122$0$0$1,130,690
95$1,496,042$0$0$1,140,669
96$1,507,058$0$0$1,148,347
97$1,514,737$0$0$1,153,385
98$1,518,600$0$0$1,155,407
99$1,518,111$0$0$1,153,992
100$1,512,679$0$0$1,148,676