Can I retire at age 45 with 459,000?

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 $459,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$37,904$37,566$37,237$36,915$36,601$36,069
2 years$18,764$18,415$18,076$17,748$17,429$16,894
3 years$12,385$12,034$11,696$11,371$11,058$10,537
4 years$9,196$8,846$8,512$8,192$7,887$7,383
5 years$7,284$6,936$6,606$6,292$5,995$5,511
6 years$6,009$5,664$5,338$5,032$4,744$4,279
7 years$5,099$4,756$4,436$4,137$3,858$3,414
8 years$4,416$4,077$3,762$3,471$3,201$2,776
9 years$3,886$3,550$3,240$2,956$2,695$2,291
10 years$3,462$3,129$2,825$2,548$2,297$1,911
11 years$3,115$2,785$2,487$2,218$1,975$1,609
12 years$2,826$2,500$2,207$1,945$1,712$1,364
13 years$2,582$2,259$1,972$1,717$1,493$1,163
14 years$2,373$2,054$1,772$1,524$1,308$996
15 years$2,192$1,876$1,600$1,360$1,152$857
16 years$2,034$1,721$1,450$1,217$1,018$740
17 years$1,894$1,585$1,320$1,094$903$640
18 years$1,770$1,465$1,205$986$803$555
19 years$1,659$1,358$1,103$891$715$483
20 years$1,560$1,262$1,012$807$639$420
21 years$1,470$1,175$931$732$572$366
22 years$1,388$1,097$858$666$513$320
23 years$1,314$1,026$792$606$460$280
24 years$1,246$961$733$553$414$245
25 years$1,183$902$679$505$372$214
26 years$1,126$848$629$462$335$188
27 years$1,072$798$585$423$302$165
28 years$1,023$752$543$387$273$145
29 years$977$709$506$355$246$127
30 years$934$670$471$326$223$112
31 years$894$633$439$299$201$98
32 years$857$599$410$275$182$86
33 years$822$567$383$253$165$76
34 years$789$538$357$233$149$67
35 years$758$510$334$214$135$59
36 years$729$484$313$197$122$52
37 years$701$460$293$182$111$45
38 years$675$437$274$168$101$40
39 years$651$416$257$154$91$35
40 years$628$395$241$142$83$31
41 years$605$376$226$131$75$27
42 years$584$358$212$121$68$24
43 years$564$341$199$112$62$21
44 years$545$325$186$103$56$19
45 years$527$310$175$96$51$16
46 years$510$296$164$88$46$14
47 years$493$283$154$82$42$13
48 years$478$270$145$75$38$11
49 years$463$258$136$70$35$10
50 years$448$246$128$64$31$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $459,000, adding $4,066 every year, while hoping to spend $32,874 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: 77/12/11 Blend
44$459,000$459,000$459,000$459,000
45$510,012$485,685$478,571$547,940
46$527,056$474,506$459,625$562,293
47$544,736$461,677$438,943$573,426
48$563,083$447,083$416,432$584,698
49$582,129$430,602$391,994$596,110
50$601,909$412,104$365,528$607,663
51$622,459$391,453$336,928$619,359
52$643,818$368,502$306,084$631,201
53$666,029$343,100$272,879$643,193
54$689,136$315,085$237,193$655,337
55$713,188$284,284$198,900$667,640
56$738,237$250,518$157,867$680,109
57$764,339$213,595$113,956$692,749
58$791,553$173,313$67,026$705,572
59$819,945$129,458$16,924$718,588
60$849,583$81,806$0$731,810
61$880,544$30,117$0$749,543
62$912,909$0$0$769,915
63$946,764$0$0$794,392
64$982,207$0$0$824,183
65$1,019,339$0$0$855,400
66$1,058,272$0$0$888,135
67$1,099,128$0$0$922,493
68$1,142,038$0$0$958,583
69$1,187,144$0$0$996,528
70$1,234,603$0$0$1,036,458
71$1,284,584$0$0$1,078,518
72$1,337,270$0$0$1,122,862
73$1,392,863$0$0$1,169,660
74$1,451,580$0$0$1,219,099
75$1,513,661$0$0$1,271,379
76$1,579,366$0$0$1,326,722
77$1,648,979$0$0$1,385,369
78$1,722,811$0$0$1,447,581
79$1,801,201$0$0$1,513,648
80$1,884,521$0$0$1,583,884
81$1,973,176$0$0$1,658,633
82$2,067,613$0$0$1,738,272
83$2,168,317$0$0$1,823,214
84$2,275,821$0$0$1,913,910
85$2,390,711$0$0$2,010,856
86$2,513,626$0$0$2,114,595
87$2,645,269$0$0$2,225,723
88$2,786,410$0$0$2,344,891
89$2,937,895$0$0$2,472,818
90$3,100,649$0$0$2,610,288
91$3,275,692$0$0$2,758,166
92$3,464,141$0$0$2,917,399
93$3,667,223$0$0$3,089,027
94$3,886,286$0$0$3,274,193
95$4,122,811$0$0$3,474,155
96$4,378,425$0$0$3,690,291
97$4,654,918$0$0$3,924,119
98$4,954,254$0$0$4,177,307
99$5,278,596$0$0$4,451,686
100$5,630,319$0$0$4,749,274