Can I retire at age 45 with 412,000?

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 $412,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$34,023$33,720$33,424$33,135$32,853$32,619
2 years$16,843$16,529$16,225$15,930$15,645$15,408
3 years$11,117$10,802$10,499$10,207$9,926$9,695
4 years$8,255$7,941$7,640$7,353$7,079$6,855
5 years$6,538$6,226$5,929$5,648$5,381$5,165
6 years$5,393$5,084$4,792$4,517$4,258$4,050
7 years$4,576$4,269$3,982$3,714$3,463$3,263
8 years$3,964$3,660$3,377$3,115$2,873$2,681
9 years$3,488$3,186$2,909$2,653$2,419$2,236
10 years$3,107$2,809$2,536$2,287$2,061$1,886
11 years$2,796$2,500$2,232$1,991$1,773$1,605
12 years$2,537$2,244$1,981$1,746$1,536$1,376
13 years$2,318$2,028$1,770$1,542$1,340$1,187
14 years$2,130$1,843$1,590$1,368$1,174$1,030
15 years$1,967$1,684$1,436$1,220$1,034$896
16 years$1,825$1,545$1,302$1,093$914$783
17 years$1,700$1,423$1,185$982$810$686
18 years$1,589$1,315$1,081$885$720$603
19 years$1,490$1,219$990$799$642$531
20 years$1,400$1,132$909$724$574$469
21 years$1,320$1,055$836$657$513$414
22 years$1,246$985$770$597$460$367
23 years$1,179$921$711$544$413$325
24 years$1,118$863$658$496$371$288
25 years$1,062$810$609$453$334$256
26 years$1,010$761$565$414$301$228
27 years$963$716$525$379$271$203
28 years$918$675$488$348$245$180
29 years$877$637$454$319$221$161
30 years$839$601$423$292$200$143
31 years$803$568$394$269$181$128
32 years$769$538$368$247$163$114
33 years$738$509$343$227$148$102
34 years$708$483$321$209$134$91
35 years$681$458$300$192$121$81
36 years$654$435$281$177$110$72
37 years$630$413$263$163$100$65
38 years$606$392$246$150$90$58
39 years$584$373$230$139$82$52
40 years$563$355$216$128$74$46
41 years$543$338$203$118$67$41
42 years$525$322$190$109$61$37
43 years$507$307$178$101$55$33
44 years$490$292$167$93$50$30
45 years$473$279$157$86$46$26
46 years$458$266$148$79$41$24
47 years$443$254$139$73$38$21
48 years$429$242$130$68$34$19
49 years$415$231$122$62$31$17
50 years$402$221$115$58$28$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $412,000, adding $3,335 every year, while hoping to spend $25,582 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: 31/44/25 Blend
44$412,000$412,000$412,000$412,000
45$457,464$435,628$429,242$468,041
46$476,906$429,755$416,403$470,542
47$497,474$422,736$402,276$470,732
48$519,256$414,490$386,791$470,420
49$542,347$404,926$369,875$469,580
50$566,852$393,954$351,452$468,184
51$592,886$381,473$331,441$466,207
52$620,575$367,379$309,758$463,620
53$650,054$351,562$286,316$460,397
54$681,476$333,904$261,024$456,512
55$715,004$314,282$233,785$451,939
56$750,818$292,566$204,501$446,654
57$789,116$268,616$173,066$440,633
58$830,114$242,287$139,372$433,855
59$874,050$213,423$103,306$426,300
60$921,184$181,863$64,748$417,951
61$971,803$147,432$23,575$408,795
62$1,026,219$109,948$0$398,821
63$1,084,778$69,220$0$393,454
64$1,147,857$25,043$0$394,327
65$1,215,871$0$0$395,187
66$1,289,278$0$0$407,121
67$1,368,577$0$0$433,161
68$1,454,321$0$0$461,370
69$1,547,114$0$0$491,954
70$1,647,622$0$0$525,137
71$1,756,577$0$0$561,170
72$1,874,784$0$0$600,326
73$2,003,128$0$0$642,907
74$2,142,582$0$0$689,243
75$2,294,217$0$0$739,699
76$2,459,211$0$0$794,677
77$2,638,861$0$0$854,617
78$2,834,592$0$0$920,007
79$3,047,975$0$0$991,380
80$3,280,736$0$0$1,069,325
81$3,534,779$0$0$1,154,490
82$3,812,195$0$0$1,247,590
83$4,115,288$0$0$1,349,409
84$4,446,597$0$0$1,460,812
85$4,808,912$0$0$1,582,752
86$5,205,310$0$0$1,716,277
87$5,639,175$0$0$1,862,542
88$6,114,237$0$0$2,022,820
89$6,634,602$0$0$2,198,510
90$7,204,789$0$0$2,391,155
91$7,829,780$0$0$2,602,455
92$8,515,058$0$0$2,834,281
93$9,266,664$0$0$3,088,693
94$10,091,250$0$0$3,367,963
95$10,996,145$0$0$3,674,592
96$11,989,420$0$0$4,011,334
97$13,079,966$0$0$4,381,225
98$14,277,579$0$0$4,787,608
99$15,593,046$0$0$5,234,167
100$17,038,255$0$0$5,724,958