Can I retire at age 45 with 484,000?

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 $484,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$39,968$39,612$39,265$38,926$38,595$37,677
2 years$19,786$19,418$19,061$18,714$18,378$17,459
3 years$13,060$12,690$12,333$11,990$11,660$10,768
4 years$9,697$9,328$8,976$8,638$8,316$7,458
5 years$7,680$7,313$6,965$6,635$6,322$5,500
6 years$6,336$5,972$5,629$5,306$5,002$4,218
7 years$5,376$5,015$4,678$4,363$4,068$3,321
8 years$4,657$4,299$3,967$3,660$3,375$2,665
9 years$4,097$3,743$3,417$3,117$2,842$2,169
10 years$3,650$3,299$2,979$2,687$2,422$1,784
11 years$3,285$2,937$2,623$2,339$2,083$1,480
12 years$2,980$2,636$2,328$2,051$1,805$1,237
13 years$2,723$2,382$2,079$1,811$1,574$1,038
14 years$2,502$2,166$1,868$1,608$1,380$876
15 years$2,311$1,978$1,687$1,434$1,215$741
16 years$2,144$1,815$1,529$1,284$1,074$630
17 years$1,997$1,672$1,392$1,153$952$536
18 years$1,867$1,545$1,270$1,039$846$457
19 years$1,750$1,432$1,163$939$754$391
20 years$1,645$1,330$1,067$851$674$334
21 years$1,550$1,239$982$772$603$287
22 years$1,464$1,157$905$702$541$246
23 years$1,386$1,082$835$639$485$211
24 years$1,314$1,014$773$583$436$181
25 years$1,248$951$716$532$392$156
26 years$1,187$894$664$487$353$134
27 years$1,131$841$616$446$319$116
28 years$1,079$793$573$408$288$100
29 years$1,030$748$533$374$260$86
30 years$985$706$497$344$235$74
31 years$943$668$463$316$212$64
32 years$904$632$432$290$192$55
33 years$867$598$403$267$174$47
34 years$832$567$377$245$157$41
35 years$799$538$352$226$142$35
36 years$769$510$330$208$129$30
37 years$740$485$309$192$117$26
38 years$712$461$289$177$106$23
39 years$686$438$271$163$96$20
40 years$662$417$254$150$87$17
41 years$638$397$238$139$79$15
42 years$616$378$223$128$72$13
43 years$595$360$209$118$65$11
44 years$575$343$197$109$59$9
45 years$556$327$185$101$54$8
46 years$538$312$173$93$49$7
47 years$520$298$163$86$44$6
48 years$504$284$153$79$40$5
49 years$488$272$144$73$37$5
50 years$473$259$135$68$33$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $484,000, adding $6,662 every year, while hoping to spend $38,535 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: 39/33/28 Blend
44$484,000$484,000$484,000$484,000
45$540,240$514,588$507,086$556,611
46$554,343$498,802$483,072$553,386
47$568,594$480,951$456,963$545,860
48$582,966$460,892$428,646$536,986
49$597,429$438,477$398,007$526,666
50$611,951$413,546$364,924$514,796
51$626,492$385,932$329,271$501,264
52$641,007$355,456$290,914$485,951
53$655,447$321,931$249,718$468,732
54$669,756$285,158$205,536$449,472
55$683,869$244,929$158,220$428,027
56$697,714$201,021$107,610$404,244
57$711,210$153,200$53,545$377,960
58$724,266$101,220$0$349,000
59$736,780$44,818$0$318,420
60$748,638$0$0$301,933
61$759,711$0$0$289,280
62$769,857$0$0$292,468
63$778,917$0$0$295,152
64$786,712$0$0$297,255
65$793,046$0$0$298,690
66$797,698$0$0$299,361
67$800,422$0$0$299,163
68$800,947$0$0$297,976
69$798,971$0$0$295,669
70$794,157$0$0$292,098
71$786,133$0$0$287,099
72$774,487$0$0$280,494
73$758,760$0$0$272,086
74$738,445$0$0$261,653
75$712,980$0$0$248,954
76$681,742$0$0$233,719
77$644,044$0$0$215,649
78$599,123$0$0$194,417
79$546,135$0$0$169,657
80$484,149$0$0$140,967
81$412,133$0$0$107,902
82$328,947$0$0$69,970
83$233,331$0$0$26,627
84$123,894$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0