Can I retire at age 45 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$35,096$34,783$34,478$34,181$33,890$32,951
2 years$17,374$17,051$16,737$16,433$16,138$15,199
3 years$11,468$11,143$10,830$10,529$10,239$9,329
4 years$8,515$8,191$7,881$7,585$7,302$6,429
5 years$6,744$6,422$6,116$5,826$5,551$4,716
6 years$5,564$5,244$4,943$4,659$4,392$3,597
7 years$4,721$4,404$4,108$3,831$3,572$2,816
8 years$4,089$3,775$3,484$3,213$2,963$2,247
9 years$3,598$3,287$3,000$2,737$2,496$1,818
10 years$3,205$2,897$2,616$2,359$2,126$1,486
11 years$2,884$2,579$2,303$2,053$1,829$1,225
12 years$2,617$2,315$2,044$1,801$1,585$1,016
13 years$2,391$2,092$1,826$1,590$1,382$848
14 years$2,197$1,902$1,641$1,412$1,211$710
15 years$2,029$1,737$1,481$1,259$1,067$597
16 years$1,883$1,594$1,343$1,127$943$503
17 years$1,754$1,468$1,222$1,013$836$425
18 years$1,639$1,356$1,116$913$743$360
19 years$1,537$1,257$1,021$825$662$306
20 years$1,444$1,168$937$747$592$260
21 years$1,361$1,088$862$678$530$221
22 years$1,286$1,016$795$616$475$188
23 years$1,217$950$734$561$426$160
24 years$1,154$890$679$512$383$136
25 years$1,096$835$628$468$345$116
26 years$1,042$785$583$428$310$99
27 years$993$739$541$391$280$85
28 years$947$696$503$359$253$73
29 years$905$657$468$329$228$62
30 years$865$620$436$302$206$53
31 years$828$586$407$277$186$45
32 years$794$555$379$255$168$39
33 years$761$525$354$234$152$33
34 years$731$498$331$215$138$28
35 years$702$472$309$198$125$24
36 years$675$448$289$183$113$21
37 years$650$426$271$168$103$18
38 years$625$405$254$155$93$15
39 years$603$385$238$143$84$13
40 years$581$366$223$132$77$11
41 years$561$348$209$122$69$10
42 years$541$332$196$112$63$8
43 years$523$316$184$104$57$7
44 years$505$301$173$96$52$6
45 years$488$287$162$88$47$5
46 years$472$274$152$82$43$4
47 years$457$262$143$75$39$4
48 years$442$250$134$70$35$3
49 years$428$239$126$64$32$3
50 years$415$228$119$60$29$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $425,000, adding $2,731 every year, while hoping to spend $27,625 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: 63/10/27 Blend
44$425,000$425,000$425,000$425,000
45$471,167$448,642$442,055$497,308
46$489,833$441,233$427,471$507,939
47$509,478$432,534$411,472$516,273
48$530,171$422,455$393,983$524,776
49$551,989$410,896$374,922$533,470
50$575,017$397,755$354,207$542,378
51$599,346$382,922$331,750$551,528
52$625,075$366,281$307,459$560,951
53$652,313$347,709$281,240$570,684
54$681,179$327,077$252,991$580,768
55$711,803$304,247$222,610$591,249
56$744,326$279,075$189,987$602,180
57$778,904$251,407$155,009$613,622
58$815,707$221,080$117,556$625,643
59$854,920$187,925$77,506$638,318
60$896,748$151,759$34,728$651,735
61$941,413$112,391$0$665,990
62$989,159$69,620$0$684,340
63$1,040,254$23,233$0$714,643
64$1,094,993$0$0$747,061
65$1,153,697$0$0$784,766
66$1,216,720$0$0$828,010
67$1,284,449$0$0$874,505
68$1,357,311$0$0$924,547
69$1,435,773$0$0$978,460
70$1,520,349$0$0$1,036,600
71$1,611,602$0$0$1,099,358
72$1,710,153$0$0$1,167,163
73$1,816,682$0$0$1,240,488
74$1,931,938$0$0$1,319,852
75$2,056,744$0$0$1,405,825
76$2,192,004$0$0$1,499,035
77$2,338,714$0$0$1,600,171
78$2,497,965$0$0$1,709,993
79$2,670,963$0$0$1,829,335
80$2,859,030$0$0$1,959,115
81$3,063,622$0$0$2,100,342
82$3,286,341$0$0$2,254,129
83$3,528,950$0$0$2,421,698
84$3,793,388$0$0$2,604,395
85$4,081,790$0$0$2,803,701
86$4,396,505$0$0$3,021,246
87$4,740,120$0$0$3,258,825
88$5,115,482$0$0$3,518,414
89$5,525,724$0$0$3,802,188
90$5,974,298$0$0$4,112,541
91$6,465,002$0$0$4,452,109
92$7,002,020$0$0$4,823,796
93$7,589,957$0$0$5,230,799
94$8,233,887$0$0$5,676,637
95$8,939,395$0$0$6,165,189
96$9,712,633$0$0$6,700,723
97$10,560,375$0$0$7,287,942
98$11,490,085$0$0$7,932,026
99$12,509,980$0$0$8,638,678
100$13,629,114$0$0$9,414,183