Can I retire at age 45 with 453,000?

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 $453,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$37,408$37,075$36,750$36,433$36,123$35,293
2 years$18,519$18,174$17,840$17,516$17,201$16,369
3 years$12,223$11,877$11,544$11,222$10,913$10,106
4 years$9,076$8,731$8,401$8,085$7,783$7,006
5 years$7,188$6,845$6,519$6,210$5,917$5,173
6 years$5,930$5,590$5,269$4,966$4,682$3,971
7 years$5,032$4,694$4,378$4,083$3,808$3,131
8 years$4,358$4,024$3,713$3,425$3,159$2,515
9 years$3,835$3,503$3,198$2,918$2,660$2,049
10 years$3,416$3,088$2,788$2,515$2,267$1,688
11 years$3,074$2,749$2,455$2,189$1,949$1,402
12 years$2,789$2,467$2,178$1,920$1,689$1,173
13 years$2,548$2,230$1,946$1,695$1,473$986
14 years$2,342$2,027$1,749$1,505$1,291$833
15 years$2,163$1,852$1,579$1,342$1,137$706
16 years$2,007$1,699$1,431$1,201$1,005$600
17 years$1,869$1,565$1,303$1,079$891$512
18 years$1,747$1,446$1,189$973$792$437
19 years$1,638$1,340$1,089$879$706$374
20 years$1,540$1,245$999$796$631$321
21 years$1,451$1,160$919$723$564$275
22 years$1,370$1,083$847$657$506$237
23 years$1,297$1,012$782$598$454$203
24 years$1,230$949$723$546$408$175
25 years$1,168$890$670$498$367$151
26 years$1,111$837$621$456$331$130
27 years$1,058$787$577$417$298$112
28 years$1,010$742$536$382$269$97
29 years$964$700$499$350$243$83
30 years$922$661$465$322$220$72
31 years$883$625$433$295$199$62
32 years$846$591$404$271$180$54
33 years$811$560$378$250$163$46
34 years$779$531$353$230$147$40
35 years$748$503$330$211$133$35
36 years$719$478$309$195$121$30
37 years$692$454$289$179$109$26
38 years$667$431$270$165$99$22
39 years$642$410$253$152$90$19
40 years$619$390$237$141$82$17
41 years$597$371$223$130$74$14
42 years$577$354$209$120$67$13
43 years$557$337$196$111$61$11
44 years$538$321$184$102$55$9
45 years$520$306$173$94$50$8
46 years$503$292$162$87$46$7
47 years$487$279$152$80$41$6
48 years$471$266$143$74$38$5
49 years$457$254$135$69$34$5
50 years$442$243$127$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $453,000, adding $4,576 every year, while hoping to spend $31,454 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: 42/44/14 Blend
44$453,000$453,000$453,000$453,000
45$503,926$479,917$472,896$522,845
46$521,860$469,966$455,271$526,641
47$540,568$458,474$436,001$527,280
48$560,098$445,330$414,999$527,289
49$580,498$430,421$392,171$526,624
50$601,822$413,625$367,422$525,240
51$624,127$394,812$340,650$523,089
52$647,476$373,846$311,750$520,123
53$671,937$350,583$280,613$516,290
54$697,584$324,871$247,122$511,537
55$724,495$296,547$211,158$505,809
56$752,758$265,442$172,596$499,050
57$782,466$231,375$131,305$491,201
58$813,721$194,156$87,147$482,202
59$846,635$153,584$39,981$471,990
60$881,328$109,447$0$460,503
61$917,932$61,519$0$449,222
62$956,592$9,563$0$443,007
63$997,463$0$0$435,839
64$1,040,717$0$0$450,269
65$1,086,541$0$0$470,488
66$1,135,138$0$0$491,960
67$1,186,732$0$0$514,787
68$1,241,567$0$0$539,080
69$1,299,909$0$0$564,963
70$1,362,051$0$0$592,569
71$1,428,312$0$0$622,045
72$1,499,042$0$0$653,552
73$1,574,626$0$0$687,267
74$1,655,483$0$0$723,383
75$1,742,076$0$0$762,112
76$1,834,910$0$0$803,688
77$1,934,541$0$0$848,365
78$2,041,576$0$0$896,424
79$2,156,685$0$0$948,173
80$2,280,601$0$0$1,003,951
81$2,414,130$0$0$1,064,128
82$2,558,158$0$0$1,129,113
83$2,713,658$0$0$1,199,355
84$2,881,697$0$0$1,275,346
85$3,063,450$0$0$1,357,629
86$3,260,209$0$0$1,446,798
87$3,473,391$0$0$1,543,510
88$3,704,559$0$0$1,648,484
89$3,955,428$0$0$1,762,513
90$4,227,885$0$0$1,886,468
91$4,524,006$0$0$2,021,308
92$4,846,075$0$0$2,168,088
93$5,196,605$0$0$2,327,969
94$5,578,360$0$0$2,502,228
95$5,994,382$0$0$2,692,270
96$6,448,020$0$0$2,899,644
97$6,942,959$0$0$3,126,052
98$7,483,255$0$0$3,373,368
99$8,073,373$0$0$3,643,657
100$8,718,227$0$0$3,939,192