Can I retire at age 45 with 414,000?

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 $414,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$34,188$33,883$33,586$33,296$33,013$32,600
2 years$16,925$16,609$16,304$16,008$15,720$15,305
3 years$11,171$10,854$10,550$10,256$9,974$9,569
4 years$8,295$7,979$7,677$7,389$7,113$6,722
5 years$6,569$6,256$5,958$5,676$5,407$5,031
6 years$5,420$5,108$4,815$4,539$4,279$3,917
7 years$4,599$4,290$4,001$3,732$3,480$3,133
8 years$3,983$3,677$3,393$3,130$2,887$2,555
9 years$3,505$3,202$2,923$2,666$2,431$2,115
10 years$3,122$2,822$2,548$2,298$2,071$1,770
11 years$2,809$2,512$2,243$2,000$1,781$1,494
12 years$2,549$2,255$1,991$1,755$1,544$1,271
13 years$2,329$2,038$1,779$1,549$1,346$1,087
14 years$2,140$1,852$1,598$1,375$1,180$935
15 years$1,977$1,692$1,443$1,226$1,039$807
16 years$1,834$1,553$1,308$1,098$918$699
17 years$1,708$1,430$1,190$987$814$607
18 years$1,597$1,321$1,087$889$724$528
19 years$1,497$1,224$995$803$645$461
20 years$1,407$1,138$913$728$576$403
21 years$1,326$1,060$840$660$516$353
22 years$1,252$989$774$600$462$309
23 years$1,185$925$715$547$415$271
24 years$1,124$867$661$499$373$238
25 years$1,067$814$612$455$336$209
26 years$1,015$765$568$416$302$184
27 years$967$720$527$381$273$162
28 years$923$678$490$349$246$143
29 years$881$640$456$320$222$126
30 years$843$604$425$294$201$111
31 years$807$571$396$270$181$98
32 years$773$540$370$248$164$87
33 years$741$512$345$228$149$76
34 years$712$485$322$210$134$68
35 years$684$460$301$193$122$60
36 years$658$437$282$178$110$53
37 years$633$415$264$164$100$47
38 years$609$394$247$151$91$41
39 years$587$375$232$139$82$36
40 years$566$357$217$129$75$32
41 years$546$339$203$119$68$28
42 years$527$323$191$109$61$25
43 years$509$308$179$101$56$22
44 years$492$294$168$93$51$20
45 years$476$280$158$86$46$17
46 years$460$267$148$80$42$15
47 years$445$255$139$74$38$14
48 years$431$243$131$68$34$12
49 years$417$232$123$63$31$11
50 years$404$222$116$58$28$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $414,000, adding $6,547 every year, while hoping to spend $32,857 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: 69/8/23 Blend
44$414,000$414,000$414,000$414,000
45$462,981$441,039$434,622$491,812
46$475,246$427,691$414,222$498,589
47$487,660$412,587$392,038$501,578
48$500,205$395,607$367,975$504,065
49$512,857$376,623$341,933$505,998
50$525,591$355,500$313,811$507,323
51$538,378$332,096$283,500$507,978
52$551,183$306,259$250,888$507,900
53$563,967$277,830$215,856$507,017
54$576,688$246,639$178,283$505,253
55$589,294$212,509$138,040$502,524
56$601,731$175,250$94,993$498,740
57$613,934$134,664$49,002$493,805
58$625,833$90,541$0$487,610
59$637,348$42,657$0$480,061
60$648,390$0$0$483,846
61$658,858$0$0$487,643
62$668,640$0$0$494,661
63$677,611$0$0$501,049
64$685,631$0$0$506,701
65$692,545$0$0$511,497
66$698,179$0$0$515,305
67$702,340$0$0$517,978
68$704,813$0$0$519,353
69$705,360$0$0$519,246
70$703,715$0$0$517,457
71$699,585$0$0$513,761
72$692,641$0$0$507,908
73$682,524$0$0$499,624
74$668,829$0$0$488,601
75$651,114$0$0$474,502
76$628,885$0$0$456,951
77$601,596$0$0$435,532
78$568,644$0$0$409,786
79$529,360$0$0$379,203
80$483,004$0$0$343,220
81$428,758$0$0$301,216
82$365,719$0$0$252,501
83$292,887$0$0$196,315
84$209,156$0$0$131,816
85$113,307$0$0$58,077
86$3,989$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