Can I retire at age 45 with 451,000?

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 $451,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$37,243$36,911$36,588$36,272$35,963$35,353
2 years$18,437$18,094$17,761$17,438$17,125$16,512
3 years$12,169$11,825$11,493$11,173$10,865$10,268
4 years$9,036$8,692$8,364$8,049$7,749$7,173
5 years$7,157$6,815$6,491$6,183$5,891$5,338
6 years$5,904$5,565$5,245$4,944$4,661$4,131
7 years$5,010$4,673$4,359$4,065$3,791$3,284
8 years$4,339$4,006$3,697$3,410$3,145$2,662
9 years$3,818$3,488$3,184$2,905$2,648$2,189
10 years$3,401$3,074$2,776$2,504$2,257$1,819
11 years$3,061$2,737$2,444$2,179$1,941$1,526
12 years$2,777$2,457$2,169$1,911$1,682$1,288
13 years$2,537$2,220$1,938$1,687$1,467$1,094
14 years$2,331$2,018$1,741$1,498$1,286$934
15 years$2,154$1,843$1,572$1,336$1,132$800
16 years$1,998$1,691$1,425$1,196$1,000$687
17 years$1,861$1,558$1,297$1,075$887$592
18 years$1,739$1,439$1,184$969$789$512
19 years$1,631$1,334$1,084$875$703$443
20 years$1,533$1,240$995$793$628$384
21 years$1,444$1,155$915$719$562$333
22 years$1,364$1,078$843$654$504$290
23 years$1,291$1,008$779$596$452$252
24 years$1,224$944$720$543$406$220
25 years$1,163$886$667$496$366$191
26 years$1,106$833$618$454$329$167
27 years$1,054$784$574$415$297$146
28 years$1,005$739$534$380$268$127
29 years$960$697$497$349$242$111
30 years$918$658$463$320$219$97
31 years$879$622$431$294$198$85
32 years$842$589$403$270$179$74
33 years$808$557$376$249$162$65
34 years$775$528$351$229$147$57
35 years$745$501$328$210$133$50
36 years$716$476$307$194$120$44
37 years$689$452$287$179$109$38
38 years$664$429$269$165$99$33
39 years$640$408$252$152$90$29
40 years$617$388$236$140$81$26
41 years$595$370$222$129$74$22
42 years$574$352$208$119$67$20
43 years$555$336$195$110$61$17
44 years$536$320$183$102$55$15
45 years$518$305$172$94$50$13
46 years$501$291$162$87$45$12
47 years$485$278$152$80$41$10
48 years$469$265$143$74$37$9
49 years$455$253$134$68$34$8
50 years$440$242$126$63$31$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $451,000, adding $5,316 every year, while hoping to spend $34,990 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: 41/49/10 Blend
44$451,000$451,000$451,000$451,000
45$502,485$478,582$471,592$521,389
46$516,510$464,804$450,161$521,383
47$530,792$449,177$426,840$517,475
48$545,321$431,576$401,527$512,460
49$560,085$411,864$374,119$506,252
50$575,067$389,899$344,506$498,759
51$590,250$365,530$312,573$489,885
52$605,613$338,598$278,201$479,525
53$621,129$308,933$241,265$467,568
54$636,771$276,358$201,634$453,896
55$652,506$240,683$159,173$438,384
56$668,296$201,711$113,739$420,898
57$684,096$159,229$65,184$401,293
58$699,859$113,016$13,353$379,419
59$715,529$62,838$0$355,112
60$731,041$8,446$0$332,676
61$746,326$0$0$309,262
62$761,302$0$0$310,451
63$775,879$0$0$315,981
64$789,957$0$0$321,252
65$803,421$0$0$326,212
66$816,144$0$0$330,802
67$827,984$0$0$334,956
68$838,783$0$0$338,603
69$848,363$0$0$341,659
70$856,528$0$0$344,036
71$863,056$0$0$345,632
72$867,703$0$0$346,336
73$870,199$0$0$346,024
74$870,239$0$0$344,557
75$867,489$0$0$341,782
76$861,576$0$0$337,530
77$852,085$0$0$331,613
78$838,560$0$0$323,820
79$820,492$0$0$313,922
80$797,317$0$0$301,662
81$768,411$0$0$286,757
82$733,086$0$0$268,893
83$690,575$0$0$247,722
84$640,034$0$0$222,861
85$580,526$0$0$193,886
86$511,018$0$0$160,326
87$430,366$0$0$121,663
88$337,304$0$0$77,323
89$230,436$0$0$26,673
90$108,218$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