Can I retire at age 45 with 427,000?

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 $427,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$35,261$34,947$34,641$34,342$34,050$32,946
2 years$17,456$17,131$16,816$16,510$16,214$15,113
3 years$11,522$11,195$10,881$10,578$10,287$9,222
4 years$8,555$8,230$7,919$7,621$7,337$6,317
5 years$6,776$6,452$6,145$5,854$5,577$4,605
6 years$5,590$5,269$4,966$4,681$4,413$3,489
7 years$4,743$4,425$4,127$3,849$3,589$2,714
8 years$4,108$3,793$3,500$3,229$2,977$2,150
9 years$3,615$3,302$3,015$2,750$2,507$1,726
10 years$3,220$2,911$2,628$2,371$2,136$1,401
11 years$2,898$2,591$2,314$2,063$1,837$1,146
12 years$2,629$2,326$2,053$1,810$1,592$943
13 years$2,402$2,102$1,835$1,598$1,388$780
14 years$2,207$1,911$1,648$1,418$1,217$648
15 years$2,039$1,745$1,488$1,265$1,072$540
16 years$1,892$1,601$1,349$1,132$947$452
17 years$1,762$1,475$1,228$1,018$840$378
18 years$1,647$1,363$1,121$917$747$318
19 years$1,544$1,263$1,026$829$666$267
20 years$1,451$1,174$942$750$594$225
21 years$1,368$1,093$866$681$532$189
22 years$1,292$1,020$798$619$477$160
23 years$1,222$954$737$564$428$135
24 years$1,159$894$682$514$385$114
25 years$1,101$839$631$470$346$96
26 years$1,047$789$586$430$312$81
27 years$998$742$544$393$281$69
28 years$952$699$505$360$254$58
29 years$909$660$470$330$229$49
30 years$869$623$438$303$207$42
31 years$832$589$408$278$187$35
32 years$797$557$381$256$169$30
33 years$765$528$356$235$153$25
34 years$734$500$332$216$139$21
35 years$705$474$311$199$126$18
36 years$678$450$291$184$114$15
37 years$653$428$272$169$103$13
38 years$628$407$255$156$94$11
39 years$605$387$239$144$85$9
40 years$584$368$224$133$77$8
41 years$563$350$210$122$70$7
42 years$544$333$197$113$63$6
43 years$525$318$185$104$57$5
44 years$507$303$173$96$52$4
45 years$490$289$163$89$47$3
46 years$474$275$153$82$43$3
47 years$459$263$144$76$39$2
48 years$444$251$135$70$35$2
49 years$430$240$127$65$32$2
50 years$417$229$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 $427,000, adding $3,316 every year, while hoping to spend $30,074 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: 46/36/18 Blend
44$427,000$427,000$427,000$427,000
45$473,974$451,343$444,725$493,203
46$490,321$441,461$427,625$497,077
47$507,328$430,086$408,944$497,998
48$525,029$417,114$388,597$498,361
49$543,463$402,434$366,497$498,126
50$562,672$385,928$342,549$497,253
51$582,698$367,473$316,659$495,700
52$603,591$346,936$288,724$493,421
53$625,400$324,179$258,639$490,372
54$648,181$299,054$226,294$486,503
55$671,994$271,407$191,574$481,766
56$696,904$241,072$154,358$476,108
57$722,980$207,876$114,521$469,477
58$750,298$171,636$71,931$461,816
59$778,940$132,158$26,453$453,070
60$808,995$89,237$0$443,179
61$840,560$42,657$0$436,324
62$873,739$0$0$433,899
63$908,647$0$0$433,880
64$945,408$0$0$451,673
65$984,157$0$0$470,447
66$1,025,042$0$0$490,276
67$1,068,222$0$0$511,241
68$1,113,874$0$0$533,429
69$1,162,187$0$0$556,937
70$1,213,372$0$0$581,870
71$1,267,656$0$0$608,341
72$1,325,288$0$0$636,477
73$1,386,541$0$0$666,414
74$1,451,713$0$0$698,303
75$1,521,131$0$0$732,308
76$1,595,152$0$0$768,608
77$1,674,167$0$0$807,403
78$1,758,605$0$0$848,906
79$1,848,937$0$0$893,356
80$1,945,678$0$0$941,013
81$2,049,393$0$0$992,162
82$2,160,702$0$0$1,047,115
83$2,280,286$0$0$1,106,217
84$2,408,893$0$0$1,169,844
85$2,547,342$0$0$1,238,412
86$2,696,534$0$0$1,312,374
87$2,857,459$0$0$1,392,232
88$3,031,203$0$0$1,478,534
89$3,218,962$0$0$1,571,884
90$3,422,046$0$0$1,672,946
91$3,641,900$0$0$1,782,449
92$3,880,110$0$0$1,901,195
93$4,138,418$0$0$2,030,067
94$4,418,745$0$0$2,170,035
95$4,723,198$0$0$2,322,166
96$5,054,098$0$0$2,487,634
97$5,413,998$0$0$2,667,732
98$5,805,705$0$0$2,863,879
99$6,232,311$0$0$3,077,640
100$6,697,214$0$0$3,310,738