Can I retire at age 45 with 483,000?

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 $483,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$39,886$39,530$39,184$38,845$38,515$37,493
2 years$19,745$19,378$19,021$18,676$18,341$17,318
3 years$13,033$12,664$12,308$11,966$11,636$10,645
4 years$9,677$9,309$8,957$8,621$8,299$7,347
5 years$7,664$7,298$6,951$6,621$6,309$5,398
6 years$6,323$5,960$5,617$5,295$4,992$4,124
7 years$5,365$5,005$4,668$4,354$4,060$3,234
8 years$4,647$4,290$3,959$3,652$3,368$2,585
9 years$4,089$3,735$3,410$3,111$2,836$2,095
10 years$3,643$3,293$2,973$2,681$2,417$1,716
11 years$3,278$2,931$2,617$2,334$2,078$1,417
12 years$2,974$2,631$2,323$2,047$1,801$1,178
13 years$2,717$2,378$2,075$1,807$1,571$985
14 years$2,497$2,161$1,865$1,604$1,377$827
15 years$2,306$1,974$1,683$1,431$1,212$696
16 years$2,140$1,811$1,526$1,281$1,071$588
17 years$1,993$1,668$1,389$1,151$950$498
18 years$1,863$1,541$1,268$1,037$845$423
19 years$1,746$1,429$1,161$937$753$360
20 years$1,642$1,328$1,065$849$672$306
21 years$1,547$1,237$980$770$602$261
22 years$1,461$1,154$903$700$539$223
23 years$1,383$1,080$834$638$484$190
24 years$1,311$1,011$771$582$435$163
25 years$1,245$949$714$531$392$139
26 years$1,185$892$662$486$353$119
27 years$1,128$840$615$445$318$102
28 years$1,077$791$572$407$287$87
29 years$1,028$746$532$374$259$75
30 years$983$705$496$343$234$64
31 years$941$666$462$315$212$55
32 years$902$630$431$289$191$47
33 years$865$597$403$266$173$40
34 years$830$566$376$245$157$35
35 years$798$537$352$225$142$30
36 years$767$509$329$208$129$25
37 years$738$484$308$191$117$22
38 years$711$460$288$176$106$19
39 years$685$437$270$163$96$16
40 years$660$416$253$150$87$14
41 years$637$396$237$138$79$12
42 years$615$377$223$128$72$10
43 years$594$359$209$118$65$9
44 years$574$343$196$109$59$7
45 years$555$327$184$101$54$6
46 years$537$312$173$93$49$6
47 years$519$297$163$86$44$5
48 years$503$284$153$79$40$4
49 years$487$271$144$73$36$3
50 years$472$259$135$68$33$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $483,000, adding $3,771 every year, while hoping to spend $26,145 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: 29/43/28 Blend
44$483,000$483,000$483,000$483,000
45$536,156$510,557$503,070$546,986
46$563,026$507,756$492,105$553,040
47$591,760$503,942$479,896$557,022
48$622,521$499,037$466,375$560,782
49$655,488$492,959$451,468$564,318
50$690,855$485,622$435,099$567,632
51$728,838$476,933$417,191$570,729
52$769,672$466,795$397,659$573,615
53$813,616$455,105$376,418$576,302
54$860,953$441,753$353,376$578,805
55$911,995$426,624$328,439$581,144
56$967,085$409,596$301,509$583,345
57$1,026,600$390,538$272,481$585,440
58$1,090,953$369,314$241,249$587,468
59$1,160,598$345,778$207,699$589,477
60$1,236,035$319,778$171,713$591,523
61$1,317,815$291,151$133,170$593,672
62$1,406,540$259,726$91,939$596,005
63$1,502,877$225,321$47,889$598,612
64$1,607,555$187,747$877$601,602
65$1,721,379$146,800$0$605,096
66$1,845,233$102,267$0$623,966
67$1,980,091$53,922$0$644,883
68$2,127,024$1,528$0$667,821
69$2,287,211$0$0$693,042
70$2,461,948$0$0$746,945
71$2,652,663$0$0$806,639
72$2,860,930$0$0$871,902
73$3,088,476$0$0$943,286
74$3,337,208$0$0$1,021,398
75$3,609,222$0$0$1,106,908
76$3,906,828$0$0$1,200,551
77$4,232,568$0$0$1,303,139
78$4,589,241$0$0$1,415,565
79$4,979,931$0$0$1,538,813
80$5,408,033$0$0$1,673,967
81$5,877,286$0$0$1,822,219
82$6,391,808$0$0$1,984,885
83$6,956,135$0$0$2,163,412
84$7,575,263$0$0$2,359,394
85$8,254,695$0$0$2,574,589
86$9,000,491$0$0$2,810,932
87$9,819,329$0$0$3,070,555
88$10,718,563$0$0$3,355,806
89$11,706,295$0$0$3,669,272
90$12,791,451$0$0$4,013,803
91$13,983,862$0$0$4,392,541
92$15,294,362$0$0$4,808,943
93$16,734,884$0$0$5,266,821
94$18,318,574$0$0$5,770,376
95$20,059,917$0$0$6,324,232
96$21,974,873$0$0$6,933,489
97$24,081,022$0$0$7,603,761
98$26,397,737$0$0$8,341,237
99$28,946,361$0$0$9,152,735
100$31,750,411$0$0$10,045,768