Can I retire at age 45 with 475,000?

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 $475,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$39,225$38,876$38,535$38,202$37,877$36,446
2 years$19,418$19,057$18,706$18,366$18,037$16,612
3 years$12,817$12,454$12,104$11,768$11,443$10,069
4 years$9,517$9,155$8,809$8,478$8,161$6,848
5 years$7,537$7,178$6,836$6,512$6,204$4,956
6 years$6,218$5,861$5,524$5,208$4,909$3,726
7 years$5,276$4,922$4,591$4,281$3,992$2,875
8 years$4,570$4,219$3,893$3,592$3,312$2,258
9 years$4,021$3,673$3,353$3,059$2,789$1,798
10 years$3,582$3,238$2,924$2,637$2,377$1,446
11 years$3,223$2,883$2,574$2,295$2,044$1,172
12 years$2,925$2,587$2,284$2,013$1,771$956
13 years$2,672$2,338$2,041$1,777$1,545$784
14 years$2,456$2,125$1,834$1,578$1,354$645
15 years$2,268$1,941$1,656$1,407$1,192$532
16 years$2,104$1,781$1,501$1,260$1,054$440
17 years$1,960$1,640$1,366$1,132$934$365
18 years$1,832$1,516$1,247$1,020$831$303
19 years$1,717$1,405$1,141$922$740$252
20 years$1,614$1,306$1,048$835$661$210
21 years$1,521$1,216$964$758$592$175
22 years$1,437$1,135$888$689$530$146
23 years$1,360$1,062$820$627$476$122
24 years$1,289$995$758$572$428$102
25 years$1,225$933$702$523$385$85
26 years$1,165$877$651$478$347$71
27 years$1,110$826$605$437$313$59
28 years$1,059$778$562$401$282$50
29 years$1,011$734$523$367$255$42
30 years$967$693$487$337$230$35
31 years$926$655$454$310$208$29
32 years$887$620$424$285$188$24
33 years$851$587$396$262$170$20
34 years$817$556$370$241$154$17
35 years$785$528$346$222$140$14
36 years$754$501$323$204$127$12
37 years$726$476$303$188$115$10
38 years$699$452$284$173$104$8
39 years$674$430$266$160$94$7
40 years$649$409$249$147$86$6
41 years$626$389$233$136$78$5
42 years$605$371$219$126$70$4
43 years$584$353$206$116$64$3
44 years$564$337$193$107$58$3
45 years$546$321$181$99$53$2
46 years$528$306$170$91$48$2
47 years$511$292$160$84$43$2
48 years$494$279$150$78$39$1
49 years$479$267$141$72$36$1
50 years$464$255$133$67$33$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $475,000, adding $6,515 every year, while hoping to spend $24,208 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: 27/45/28 Blend
44$475,000$475,000$475,000$475,000
45$530,170$504,995$497,633$539,739
46$558,490$503,983$488,546$546,973
47$588,888$502,110$478,344$552,229
48$621,549$499,308$466,963$557,380
49$656,679$495,505$454,338$562,435
50$694,501$490,626$440,399$567,404
51$735,262$484,589$425,075$572,302
52$779,234$477,308$408,290$577,147
53$826,713$468,694$389,965$581,963
54$878,028$458,650$370,019$586,777
55$933,536$447,073$348,364$591,623
56$993,634$433,857$324,911$596,542
57$1,058,755$418,887$299,567$601,583
58$1,129,378$402,042$272,232$606,801
59$1,206,027$383,194$242,804$612,264
60$1,289,280$362,209$211,176$618,048
61$1,379,772$338,943$177,236$624,242
62$1,478,203$313,245$140,867$630,950
63$1,585,340$284,955$101,947$638,290
64$1,702,031$253,904$60,349$646,396
65$1,829,207$219,914$15,939$655,423
66$1,967,892$182,795$0$665,547
67$2,119,214$142,350$0$686,364
68$2,284,415$98,366$0$714,397
69$2,464,861$50,622$0$745,180
70$2,662,057$0$0$779,048
71$2,877,659$0$0$816,932
72$3,113,491$0$0$885,864
73$3,371,560$0$0$961,373
74$3,654,078$0$0$1,044,117
75$3,963,480$0$0$1,134,818
76$4,302,445$0$0$1,234,272
77$4,673,928$0$0$1,343,358
78$5,081,180$0$0$1,463,042
79$5,527,783$0$0$1,594,386
80$6,017,682$0$0$1,738,565
81$6,555,222$0$0$1,896,868
82$7,145,188$0$0$2,070,719
83$7,792,852$0$0$2,261,685
84$8,504,023$0$0$2,471,491
85$9,285,096$0$0$2,702,039
86$10,143,119$0$0$2,955,425
87$11,085,855$0$0$3,233,956
88$12,121,857$0$0$3,540,175
89$13,260,546$0$0$3,876,884
90$14,512,302$0$0$4,247,169
91$15,888,562$0$0$4,654,430
92$17,401,924$0$0$5,102,415
93$19,066,270$0$0$5,595,251
94$20,896,895$0$0$6,137,486
95$22,910,647$0$0$6,734,133
96$25,126,094$0$0$7,390,712
97$27,563,691$0$0$8,113,307
98$30,245,977$0$0$8,908,623
99$33,197,786$0$0$9,784,045
100$36,446,481$0$0$10,747,713