Can I retire at age 45 with 446,000?

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 $446,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$36,830$36,502$36,182$35,870$35,565$34,468
2 years$18,233$17,893$17,564$17,245$16,936$15,840
3 years$12,034$11,693$11,365$11,049$10,745$9,685
4 years$8,936$8,596$8,271$7,960$7,663$6,647
5 years$7,077$6,739$6,419$6,114$5,825$4,856
6 years$5,839$5,503$5,187$4,890$4,609$3,687
7 years$4,954$4,622$4,311$4,020$3,749$2,874
8 years$4,291$3,962$3,656$3,372$3,110$2,282
9 years$3,776$3,449$3,149$2,872$2,619$1,837
10 years$3,364$3,040$2,745$2,476$2,232$1,494
11 years$3,027$2,707$2,417$2,155$1,919$1,226
12 years$2,746$2,429$2,145$1,890$1,663$1,012
13 years$2,509$2,195$1,916$1,669$1,450$839
14 years$2,306$1,996$1,722$1,481$1,271$699
15 years$2,130$1,823$1,554$1,321$1,119$584
16 years$1,976$1,673$1,409$1,183$989$490
17 years$1,840$1,540$1,282$1,063$877$412
18 years$1,720$1,423$1,171$958$780$347
19 years$1,612$1,319$1,072$865$695$292
20 years$1,516$1,226$984$784$621$247
21 years$1,428$1,142$905$711$556$208
22 years$1,349$1,066$834$647$498$176
23 years$1,277$997$770$589$447$149
24 years$1,211$934$712$537$402$127
25 years$1,150$876$659$491$362$107
26 years$1,094$824$612$449$326$91
27 years$1,042$775$568$411$294$77
28 years$994$731$528$376$265$65
29 years$949$689$491$345$239$56
30 years$908$651$458$317$216$47
31 years$869$615$427$291$195$40
32 years$833$582$398$267$177$34
33 years$799$551$372$246$160$29
34 years$767$523$347$226$145$25
35 years$737$496$325$208$131$21
36 years$708$470$304$192$119$18
37 years$682$447$284$177$108$15
38 years$656$425$266$163$98$13
39 years$632$404$249$150$89$11
40 years$610$384$234$138$80$9
41 years$588$366$219$128$73$8
42 years$568$348$206$118$66$7
43 years$548$332$193$109$60$6
44 years$530$316$181$100$54$5
45 years$512$302$170$93$49$4
46 years$495$288$160$86$45$4
47 years$479$275$150$79$41$3
48 years$464$262$141$73$37$3
49 years$449$250$133$68$34$2
50 years$435$239$125$63$31$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $446,000, adding $5,902 every year, while hoping to spend $24,013 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: 80/14/6 Blend
44$446,000$446,000$446,000$446,000
45$497,580$473,942$467,029$536,679
46$522,783$471,615$457,125$560,805
47$549,753$468,370$446,084$583,493
48$578,643$464,136$433,843$607,657
49$609,624$458,837$420,336$633,431
50$642,881$452,396$405,493$660,964
51$678,620$444,728$389,242$690,420
52$717,064$435,745$371,506$721,978
53$758,460$425,352$352,207$755,837
54$803,078$413,449$331,261$792,217
55$851,216$399,932$308,583$831,357
56$903,200$384,689$284,080$873,524
57$959,389$367,602$257,660$919,012
58$1,020,177$348,545$229,222$968,143
59$1,085,998$327,386$198,664$1,021,274
60$1,157,328$303,987$165,877$1,078,799
61$1,234,692$278,198$130,750$1,141,149
62$1,318,665$249,864$93,165$1,208,804
63$1,409,881$218,820$52,998$1,282,290
64$1,509,038$184,891$10,123$1,362,189
65$1,616,903$147,893$0$1,449,141
66$1,734,319$107,632$0$1,546,134
67$1,862,214$63,901$0$1,652,507
68$2,001,612$16,484$0$1,768,480
69$2,153,635$0$0$1,895,011
70$2,319,523$0$0$2,038,523
71$2,500,637$0$0$2,197,993
72$2,698,477$0$0$2,372,202
73$2,914,694$0$0$2,562,606
74$3,151,106$0$0$2,770,806
75$3,409,714$0$0$2,998,568
76$3,692,722$0$0$3,247,833
77$4,002,556$0$0$3,520,741
78$4,341,888$0$0$3,819,647
79$4,713,660$0$0$4,147,145
80$5,121,114$0$0$4,506,091
81$5,567,818$0$0$4,899,631
82$6,057,702$0$0$5,331,231
83$6,595,097$0$0$5,804,708
84$7,184,771$0$0$6,324,264
85$7,831,976$0$0$6,894,530
86$8,542,498$0$0$7,520,607
87$9,322,711$0$0$8,208,113
88$10,179,635$0$0$8,963,237
89$11,121,004$0$0$9,792,798
90$12,155,340$0$0$10,704,307
91$13,292,027$0$0$11,706,037
92$14,541,407$0$0$12,807,106
93$15,914,872$0$0$14,017,556
94$17,424,973$0$0$15,348,451
95$19,085,537$0$0$16,811,983
96$20,911,801$0$0$18,421,581
97$22,920,549$0$0$20,192,045
98$25,130,276$0$0$22,139,676
99$27,561,357$0$0$24,282,439
100$30,236,244$0$0$26,640,126