Can I retire at age 45 with 468,000?

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 $468,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$38,647$38,303$37,967$37,639$37,319$37,146
2 years$19,132$18,776$18,431$18,096$17,771$17,596
3 years$12,628$12,270$11,926$11,594$11,275$11,104
4 years$9,377$9,020$8,679$8,353$8,041$7,876
5 years$7,426$7,072$6,735$6,416$6,113$5,953
6 years$6,127$5,775$5,443$5,131$4,837$4,683
7 years$5,198$4,849$4,523$4,218$3,934$3,785
8 years$4,503$4,157$3,836$3,539$3,263$3,121
9 years$3,962$3,619$3,304$3,014$2,748$2,612
10 years$3,529$3,190$2,880$2,598$2,342$2,211
11 years$3,176$2,840$2,536$2,261$2,014$1,889
12 years$2,882$2,549$2,251$1,983$1,745$1,626
13 years$2,633$2,304$2,011$1,751$1,522$1,408
14 years$2,419$2,094$1,807$1,554$1,334$1,225
15 years$2,235$1,913$1,631$1,386$1,175$1,071
16 years$2,073$1,755$1,479$1,241$1,038$940
17 years$1,931$1,616$1,346$1,115$920$827
18 years$1,805$1,494$1,228$1,005$818$730
19 years$1,692$1,384$1,125$908$729$645
20 years$1,591$1,286$1,032$822$652$572
21 years$1,499$1,198$949$746$583$508
22 years$1,416$1,118$875$679$523$451
23 years$1,340$1,046$808$618$469$402
24 years$1,270$980$747$564$422$358
25 years$1,207$920$692$515$379$320
26 years$1,148$864$642$471$342$286
27 years$1,093$813$596$431$308$255
28 years$1,043$767$554$395$278$228
29 years$996$723$516$362$251$204
30 years$953$683$480$332$227$183
31 years$912$646$448$305$205$164
32 years$874$611$418$280$186$147
33 years$838$579$390$258$168$132
34 years$805$548$364$237$152$118
35 years$773$520$341$218$138$106
36 years$743$494$319$201$125$95
37 years$715$469$298$185$113$86
38 years$689$446$279$171$103$77
39 years$664$424$262$158$93$69
40 years$640$403$245$145$84$62
41 years$617$384$230$134$76$56
42 years$596$365$216$124$69$50
43 years$575$348$202$114$63$45
44 years$556$332$190$105$57$41
45 years$538$316$178$97$52$36
46 years$520$302$168$90$47$33
47 years$503$288$157$83$43$29
48 years$487$275$148$77$39$27
49 years$472$263$139$71$35$24
50 years$457$251$131$66$32$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $468,000, adding $2,394 every year, while hoping to spend $22,741 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: 69/24/7 Blend
44$468,000$468,000$468,000$468,000
45$518,205$493,401$486,147$553,213
46$546,866$493,382$478,237$576,682
47$577,688$492,599$469,300$599,339
48$610,868$490,992$459,277$623,505
49$646,621$488,495$448,107$649,323
50$685,184$485,039$435,726$676,950
51$726,818$480,551$422,068$706,563
52$771,808$474,953$407,062$738,353
53$820,469$468,163$390,636$772,534
54$873,147$460,093$372,712$809,340
55$930,221$450,650$353,211$849,033
56$992,110$439,738$332,050$891,898
57$1,059,271$427,251$309,139$938,253
58$1,132,211$413,081$284,390$988,448
59$1,211,485$397,110$257,705$1,042,868
60$1,297,704$379,216$228,986$1,101,941
61$1,391,541$359,269$198,128$1,166,138
62$1,493,735$337,131$165,023$1,235,979
63$1,605,102$312,656$129,557$1,312,038
64$1,726,537$285,690$91,611$1,394,949
65$1,859,026$256,071$51,062$1,485,413
66$2,003,655$223,627$7,781$1,584,203
67$2,161,618$188,175$0$1,692,172
68$2,334,233$149,525$0$1,813,129
69$2,522,945$107,473$0$1,946,054
70$2,729,352$61,805$0$2,091,523
71$2,955,207$12,295$0$2,250,813
72$3,202,444$0$0$2,425,336
73$3,473,193$0$0$2,627,552
74$3,769,797$0$0$2,852,662
75$4,094,839$0$0$3,099,381
76$4,451,161$0$0$3,369,872
77$4,841,895$0$0$3,666,516
78$5,270,491$0$0$3,991,934
79$5,740,747$0$0$4,349,015
80$6,256,849$0$0$4,740,940
81$6,823,405$0$0$5,171,213
82$7,445,492$0$0$5,643,696
83$8,128,706$0$0$6,162,640
84$8,879,205$0$0$6,732,729
85$9,703,779$0$0$7,359,125
86$10,609,905$0$0$8,047,513
87$11,605,820$0$0$8,804,155
88$12,700,600$0$0$9,635,953
89$13,904,244$0$0$10,550,508
90$15,227,767$0$0$11,556,195
91$16,683,306$0$0$12,662,243
92$18,284,233$0$0$13,878,818
93$20,045,280$0$0$15,217,123
94$21,982,680$0$0$16,689,498
95$24,114,317$0$0$18,309,543
96$26,459,897$0$0$20,092,241
97$29,041,133$0$0$22,054,100
98$31,881,949$0$0$24,213,311
99$35,008,704$0$0$26,589,917
100$38,450,444$0$0$29,206,002