Can I retire at age 45 with 490,000?

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 $490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$40,464$40,103$39,752$39,408$39,073$38,537
2 years$20,032$19,658$19,297$18,946$18,606$18,067
3 years$13,222$12,847$12,486$12,139$11,805$11,279
4 years$9,817$9,444$9,087$8,746$8,419$7,911
5 years$7,775$7,404$7,052$6,717$6,400$5,912
6 years$6,415$6,046$5,699$5,372$5,064$4,595
7 years$5,443$5,077$4,736$4,417$4,119$3,670
8 years$4,714$4,352$4,016$3,705$3,417$2,988
9 years$4,148$3,789$3,459$3,156$2,877$2,468
10 years$3,695$3,340$3,016$2,720$2,452$2,062
11 years$3,325$2,974$2,655$2,368$2,109$1,738
12 years$3,017$2,669$2,356$2,077$1,827$1,475
13 years$2,756$2,412$2,105$1,833$1,593$1,259
14 years$2,533$2,192$1,892$1,627$1,397$1,080
15 years$2,340$2,003$1,708$1,451$1,230$931
16 years$2,171$1,838$1,548$1,300$1,087$804
17 years$2,022$1,692$1,409$1,168$964$697
18 years$1,890$1,564$1,286$1,052$857$605
19 years$1,772$1,449$1,177$951$764$527
20 years$1,665$1,347$1,081$861$682$460
21 years$1,569$1,254$994$782$610$401
22 years$1,482$1,171$916$711$547$351
23 years$1,403$1,095$846$647$491$307
24 years$1,330$1,026$782$590$442$269
25 years$1,263$963$725$539$397$236
26 years$1,202$905$672$493$358$207
27 years$1,145$852$624$451$323$182
28 years$1,092$803$580$413$291$160
29 years$1,043$757$540$379$263$141
30 years$997$715$503$348$238$124
31 years$955$676$469$319$215$109
32 years$915$640$437$294$194$96
33 years$878$606$408$270$176$85
34 years$842$574$382$248$159$75
35 years$809$544$357$229$144$66
36 years$778$517$334$211$131$58
37 years$749$491$312$194$118$51
38 years$721$466$292$179$107$45
39 years$695$444$274$165$97$40
40 years$670$422$257$152$88$35
41 years$646$402$241$140$80$31
42 years$624$383$226$130$73$27
43 years$603$365$212$120$66$24
44 years$582$347$199$110$60$21
45 years$563$331$187$102$54$19
46 years$544$316$175$94$49$16
47 years$527$302$165$87$45$15
48 years$510$288$155$80$41$13
49 years$494$275$146$74$37$11
50 years$478$263$137$69$34$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $490,000, adding $2,009 every year, while hoping to spend $40,592 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: 52/21/27 Blend
44$490,000$490,000$490,000$490,000
45$542,052$516,082$508,487$566,046
46$554,152$498,181$482,332$565,014
47$566,126$478,042$453,940$559,614
48$577,917$455,512$423,194$552,930
49$589,464$430,431$389,970$544,856
50$600,695$402,629$354,140$535,277
51$611,531$371,923$315,569$524,071
52$621,885$338,124$274,118$511,107
53$631,655$301,031$229,639$496,241
54$640,732$260,430$181,980$479,322
55$648,992$216,095$130,981$460,184
56$656,295$167,790$76,475$438,648
57$662,488$115,262$18,288$414,523
58$667,399$58,247$0$387,601
59$670,837$0$0$370,279
60$672,589$0$0$356,954
61$672,420$0$0$355,960
62$670,068$0$0$353,688
63$665,241$0$0$349,967
64$657,617$0$0$344,614
65$646,837$0$0$337,422
66$632,506$0$0$328,162
67$614,183$0$0$316,583
68$591,381$0$0$302,402
69$563,563$0$0$285,312
70$530,130$0$0$264,968
71$490,424$0$0$240,992
72$443,713$0$0$212,964
73$389,190$0$0$180,419
74$325,964$0$0$142,846
75$253,046$0$0$99,676
76$169,346$0$0$50,285
77$73,659$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$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