Can I retire at age 45 with 472,000?

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 $472,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$38,977$38,630$38,291$37,961$37,638$37,354
2 years$19,296$18,936$18,588$18,250$17,923$17,636
3 years$12,736$12,375$12,028$11,693$11,371$11,091
4 years$9,457$9,097$8,753$8,424$8,110$7,839
5 years$7,490$7,132$6,793$6,471$6,165$5,903
6 years$6,179$5,824$5,490$5,175$4,878$4,626
7 years$5,243$4,891$4,562$4,254$3,967$3,725
8 years$4,541$4,192$3,869$3,569$3,291$3,059
9 years$3,996$3,650$3,332$3,040$2,772$2,550
10 years$3,560$3,218$2,905$2,620$2,362$2,149
11 years$3,203$2,864$2,558$2,281$2,031$1,828
12 years$2,906$2,571$2,270$2,000$1,760$1,567
13 years$2,655$2,323$2,028$1,766$1,535$1,351
14 years$2,440$2,112$1,822$1,568$1,345$1,170
15 years$2,254$1,929$1,645$1,398$1,185$1,018
16 years$2,091$1,770$1,492$1,252$1,047$889
17 years$1,948$1,630$1,357$1,125$928$779
18 years$1,820$1,506$1,239$1,014$825$684
19 years$1,706$1,396$1,134$916$736$602
20 years$1,604$1,297$1,041$830$657$531
21 years$1,512$1,208$957$753$588$469
22 years$1,428$1,128$882$685$527$415
23 years$1,351$1,055$815$623$473$367
24 years$1,281$988$754$569$425$326
25 years$1,217$928$698$519$383$289
26 years$1,158$872$647$475$345$257
27 years$1,103$820$601$435$311$228
28 years$1,052$773$559$398$280$203
29 years$1,005$729$520$365$253$181
30 years$961$689$484$335$229$161
31 years$920$651$452$308$207$143
32 years$881$616$421$283$187$128
33 years$845$583$393$260$169$114
34 years$811$553$368$239$153$102
35 years$780$524$344$220$139$91
36 years$750$498$321$203$126$81
37 years$721$473$301$187$114$72
38 years$695$449$282$172$103$65
39 years$669$427$264$159$94$58
40 years$645$407$247$147$85$51
41 years$623$387$232$135$77$46
42 years$601$369$218$125$70$41
43 years$580$351$204$115$64$37
44 years$561$335$192$106$58$33
45 years$542$319$180$98$52$29
46 years$524$304$169$91$48$26
47 years$507$291$159$84$43$23
48 years$491$277$149$77$39$21
49 years$476$265$140$72$36$19
50 years$461$253$132$66$32$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $472,000, adding $3,853 every year, while hoping to spend $29,703 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: 62/33/5 Blend
44$472,000$472,000$472,000$472,000
45$524,118$499,102$491,786$555,964
46$545,975$491,955$476,657$570,526
47$569,065$483,461$460,026$582,583
48$593,483$473,525$441,811$594,969
49$619,333$462,042$421,926$607,714
50$646,727$448,904$400,283$620,853
51$675,788$433,995$376,787$634,425
52$706,651$417,194$351,342$648,475
53$739,463$398,369$323,845$663,053
54$774,385$377,386$294,191$678,217
55$811,593$354,099$262,267$694,031
56$851,280$328,354$227,957$710,569
57$893,657$299,990$191,141$727,912
58$938,957$268,837$151,691$746,153
59$987,433$234,712$109,475$765,397
60$1,039,364$197,426$64,355$785,759
61$1,095,055$156,775$16,187$807,373
62$1,154,841$112,548$0$830,385
63$1,219,090$64,518$0$856,840
64$1,288,206$12,448$0$886,088
65$1,362,632$0$0$917,479
66$1,442,855$0$0$967,202
67$1,529,410$0$0$1,025,753
68$1,622,883$0$0$1,089,013
69$1,723,922$0$0$1,157,423
70$1,833,234$0$0$1,231,466
71$1,951,601$0$0$1,311,675
72$2,079,880$0$0$1,398,635
73$2,219,013$0$0$1,492,991
74$2,370,038$0$0$1,595,449
75$2,534,096$0$0$1,706,788
76$2,712,440$0$0$1,827,864
77$2,906,451$0$0$1,959,621
78$3,117,647$0$0$2,103,093
79$3,347,699$0$0$2,259,424
80$3,598,447$0$0$2,429,867
81$3,871,913$0$0$2,615,805
82$4,170,325$0$0$2,818,758
83$4,496,134$0$0$3,040,401
84$4,852,040$0$0$3,282,577
85$5,241,014$0$0$3,547,314
86$5,666,325$0$0$3,836,847
87$6,131,577$0$0$4,153,635
88$6,640,733$0$0$4,500,387
89$7,198,161$0$0$4,880,084
90$7,808,669$0$0$5,296,011
91$8,477,552$0$0$5,751,784
92$9,210,642$0$0$6,251,387
93$10,014,361$0$0$6,799,207
94$10,895,783$0$0$7,400,075
95$11,862,698$0$0$8,059,312
96$12,923,689$0$0$8,782,782
97$14,088,206$0$0$9,576,941
98$15,366,663$0$0$10,448,900
99$16,770,529$0$0$11,406,495
100$18,312,438$0$0$12,458,357