Can I retire at age 45 with 486,000?

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 $486,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$40,133$39,776$39,427$39,087$38,754$37,710
2 years$19,868$19,498$19,139$18,792$18,454$17,410
3 years$13,114$12,742$12,384$12,040$11,708$10,696
4 years$9,737$9,367$9,013$8,674$8,350$7,379
5 years$7,712$7,344$6,994$6,663$6,348$5,419
6 years$6,362$5,997$5,652$5,328$5,023$4,137
7 years$5,398$5,036$4,697$4,381$4,085$3,243
8 years$4,676$4,317$3,984$3,675$3,389$2,590
9 years$4,114$3,759$3,431$3,130$2,854$2,098
10 years$3,665$3,313$2,991$2,698$2,432$1,717
11 years$3,298$2,949$2,633$2,348$2,091$1,418
12 years$2,992$2,647$2,337$2,060$1,812$1,178
13 years$2,734$2,392$2,088$1,818$1,580$984
14 years$2,512$2,175$1,876$1,614$1,385$825
15 years$2,321$1,986$1,694$1,440$1,220$695
16 years$2,153$1,823$1,536$1,289$1,078$587
17 years$2,005$1,678$1,397$1,158$956$496
18 years$1,874$1,551$1,276$1,044$850$421
19 years$1,757$1,437$1,168$943$758$358
20 years$1,652$1,336$1,072$854$677$304
21 years$1,557$1,244$986$775$606$259
22 years$1,470$1,161$909$705$543$221
23 years$1,391$1,086$839$642$487$189
24 years$1,319$1,018$776$585$438$161
25 years$1,253$955$719$535$394$138
26 years$1,192$898$666$489$355$118
27 years$1,135$845$619$447$320$101
28 years$1,083$796$575$410$289$86
29 years$1,035$751$535$376$261$74
30 years$989$709$499$345$236$63
31 years$947$670$465$317$213$54
32 years$907$634$434$291$193$46
33 years$870$601$405$268$174$40
34 years$836$569$378$246$158$34
35 years$803$540$354$227$143$29
36 years$772$513$331$209$130$25
37 years$743$487$310$192$117$21
38 years$715$463$290$177$106$18
39 years$689$440$272$164$97$16
40 years$664$419$255$151$88$13
41 years$641$398$239$139$79$12
42 years$619$379$224$128$72$10
43 years$598$362$210$119$65$8
44 years$577$345$197$110$59$7
45 years$558$329$185$101$54$6
46 years$540$314$174$93$49$5
47 years$522$299$164$86$44$5
48 years$506$286$154$80$40$4
49 years$490$273$144$74$37$3
50 years$475$261$136$68$33$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $486,000, adding $2,714 every year, while hoping to spend $35,457 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: 67/17/16 Blend
44$486,000$486,000$486,000$486,000
45$538,371$512,613$505,080$572,206
46$555,559$500,006$484,275$582,532
47$573,312$485,592$461,584$589,414
48$591,650$469,245$436,906$596,059
49$610,594$450,834$410,138$602,440
50$630,165$430,216$381,169$608,530
51$650,388$407,242$349,884$614,302
52$671,286$381,755$316,163$619,724
53$692,884$353,588$279,882$624,765
54$715,208$322,564$240,908$629,392
55$738,286$288,497$199,106$633,569
56$762,148$251,190$154,332$637,259
57$786,823$210,434$106,438$640,423
58$812,343$166,009$55,268$643,019
59$838,742$117,684$659$645,004
60$866,055$65,212$0$646,332
61$894,320$8,334$0$656,792
62$923,575$0$0$667,258
63$953,863$0$0$687,550
64$985,226$0$0$710,181
65$1,017,712$0$0$733,623
66$1,051,369$0$0$757,912
67$1,086,249$0$0$783,088
68$1,122,408$0$0$809,189
69$1,159,904$0$0$836,258
70$1,198,799$0$0$864,342
71$1,239,160$0$0$893,487
72$1,281,058$0$0$923,747
73$1,324,567$0$0$955,175
74$1,369,769$0$0$987,831
75$1,416,750$0$0$1,021,778
76$1,465,601$0$0$1,057,082
77$1,516,422$0$0$1,093,817
78$1,569,319$0$0$1,132,059
79$1,624,405$0$0$1,171,893
80$1,681,802$0$0$1,213,406
81$1,741,644$0$0$1,256,697
82$1,804,070$0$0$1,301,868
83$1,869,234$0$0$1,349,032
84$1,937,302$0$0$1,398,309
85$2,008,450$0$0$1,449,831
86$2,082,872$0$0$1,503,737
87$2,160,777$0$0$1,560,182
88$2,242,389$0$0$1,619,331
89$2,327,954$0$0$1,681,363
90$2,417,738$0$0$1,746,474
91$2,512,027$0$0$1,814,874
92$2,611,136$0$0$1,886,795
93$2,715,405$0$0$1,962,486
94$2,825,205$0$0$2,042,219
95$2,940,937$0$0$2,126,292
96$3,063,043$0$0$2,215,026
97$3,192,001$0$0$2,308,775
98$3,328,333$0$0$2,407,922
99$3,472,610$0$0$2,512,887
100$3,625,453$0$0$2,624,129