Can I retire at age 45 with 479,000?

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 $479,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$39,555$39,203$38,859$38,524$38,196$37,394
2 years$19,582$19,217$18,864$18,521$18,189$17,385
3 years$12,925$12,559$12,206$11,867$11,540$10,758
4 years$9,597$9,232$8,883$8,549$8,230$7,478
5 years$7,601$7,238$6,893$6,567$6,256$5,535
6 years$6,271$5,910$5,571$5,251$4,951$4,261
7 years$5,321$4,963$4,630$4,317$4,026$3,369
8 years$4,609$4,255$3,926$3,622$3,340$2,714
9 years$4,055$3,704$3,382$3,085$2,813$2,218
10 years$3,612$3,265$2,948$2,659$2,397$1,833
11 years$3,251$2,907$2,596$2,314$2,061$1,527
12 years$2,949$2,609$2,303$2,030$1,786$1,281
13 years$2,694$2,358$2,058$1,792$1,558$1,081
14 years$2,476$2,143$1,849$1,591$1,365$916
15 years$2,287$1,958$1,670$1,419$1,202$779
16 years$2,122$1,796$1,514$1,270$1,062$665
17 years$1,977$1,654$1,377$1,141$942$569
18 years$1,847$1,529$1,257$1,029$838$488
19 years$1,732$1,417$1,151$929$747$419
20 years$1,628$1,317$1,056$842$667$361
21 years$1,534$1,226$972$764$597$311
22 years$1,449$1,145$896$695$535$268
23 years$1,371$1,071$827$633$480$231
24 years$1,300$1,003$765$577$432$200
25 years$1,235$941$708$527$388$173
26 years$1,175$885$657$482$350$150
27 years$1,119$833$610$441$315$130
28 years$1,068$785$567$404$285$112
29 years$1,020$740$528$371$257$97
30 years$975$699$492$340$232$84
31 years$933$661$458$312$210$73
32 years$894$625$428$287$190$63
33 years$858$592$399$264$172$55
34 years$823$561$373$243$156$48
35 years$791$532$349$224$141$41
36 years$761$505$326$206$128$36
37 years$732$480$305$190$116$31
38 years$705$456$286$175$105$27
39 years$679$434$268$161$95$24
40 years$655$413$251$149$86$20
41 years$632$393$235$137$78$18
42 years$610$374$221$127$71$15
43 years$589$356$207$117$64$13
44 years$569$340$195$108$59$12
45 years$550$324$183$100$53$10
46 years$532$309$172$92$48$9
47 years$515$295$161$85$44$8
48 years$498$282$151$79$40$7
49 years$483$269$142$73$36$6
50 years$468$257$134$67$33$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $479,000, adding $2,028 every year, while hoping to spend $27,688 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: 50/45/5 Blend
44$479,000$479,000$479,000$479,000
45$529,950$504,563$497,138$555,715
46$554,545$499,827$484,333$568,727
47$580,721$493,930$470,170$579,704
48$608,609$486,788$454,576$590,964
49$638,355$478,308$437,472$602,541
50$670,116$468,394$418,776$614,472
51$704,067$456,944$398,404$626,800
52$740,397$443,850$376,265$639,573
53$779,314$428,995$352,267$652,848
54$821,048$412,260$326,312$666,689
55$865,850$393,516$298,299$681,167
56$913,995$372,626$268,120$696,366
57$965,785$349,448$235,664$712,379
58$1,021,553$323,828$200,817$729,310
59$1,081,662$295,607$163,455$747,278
60$1,146,514$264,614$123,453$766,418
61$1,216,548$230,669$80,678$786,880
62$1,292,248$193,584$34,993$808,834
63$1,374,145$153,157$0$832,471
64$1,462,823$109,178$0$858,740
65$1,558,925$61,421$0$889,186
66$1,663,156$9,652$0$922,218
67$1,776,294$0$0$958,146
68$1,899,191$0$0$1,020,284
69$2,032,788$0$0$1,093,072
70$2,178,118$0$0$1,172,299
71$2,336,318$0$0$1,258,590
72$2,508,640$0$0$1,352,634
73$2,696,460$0$0$1,455,190
74$2,901,294$0$0$1,567,091
75$3,124,810$0$0$1,689,255
76$3,368,842$0$0$1,822,693
77$3,635,414$0$0$1,968,517
78$3,926,748$0$0$2,127,953
79$4,245,295$0$0$2,302,348
80$4,593,752$0$0$2,493,188
81$4,975,087$0$0$2,702,108
82$5,392,571$0$0$2,930,908
83$5,849,804$0$0$3,181,570
84$6,350,751$0$0$3,456,280
85$6,899,779$0$0$3,757,440
86$7,501,697$0$0$4,087,701
87$8,161,803$0$0$4,449,978
88$8,885,930$0$0$4,847,486
89$9,680,503$0$0$5,283,763
90$10,552,602$0$0$5,762,709
91$11,510,023$0$0$6,288,616
92$12,561,354$0$0$6,866,217
93$13,716,055$0$0$7,500,723
94$14,984,550$0$0$8,197,873
95$16,378,319$0$0$8,963,994
96$17,910,011$0$0$9,806,052
97$19,593,561$0$0$10,731,723
98$21,444,319$0$0$11,749,464
99$23,479,199$0$0$12,868,593
100$25,716,835$0$0$14,099,375