Can I retire at age 45 with 492,000?

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 $492,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$40,629$40,267$39,914$39,569$39,233$38,599
2 years$20,113$19,739$19,376$19,024$18,682$18,045
3 years$13,276$12,899$12,537$12,189$11,853$11,233
4 years$9,858$9,482$9,124$8,781$8,454$7,855
5 years$7,807$7,434$7,081$6,745$6,426$5,851
6 years$6,441$6,071$5,722$5,394$5,085$4,534
7 years$5,465$5,098$4,755$4,435$4,135$3,608
8 years$4,734$4,370$4,033$3,720$3,431$2,928
9 years$4,165$3,805$3,473$3,169$2,889$2,410
10 years$3,710$3,354$3,028$2,731$2,462$2,006
11 years$3,339$2,986$2,666$2,377$2,117$1,684
12 years$3,029$2,680$2,366$2,085$1,835$1,424
13 years$2,768$2,422$2,114$1,841$1,600$1,211
14 years$2,543$2,201$1,899$1,634$1,402$1,035
15 years$2,349$2,011$1,715$1,457$1,235$888
16 years$2,180$1,845$1,555$1,305$1,091$764
17 years$2,030$1,699$1,415$1,172$968$659
18 years$1,897$1,570$1,291$1,057$860$570
19 years$1,779$1,455$1,182$955$767$494
20 years$1,672$1,352$1,085$865$685$429
21 years$1,576$1,260$998$785$613$373
22 years$1,488$1,176$920$714$549$325
23 years$1,409$1,100$849$650$493$283
24 years$1,336$1,030$785$593$443$247
25 years$1,268$967$727$541$399$216
26 years$1,207$909$675$495$359$188
27 years$1,150$855$627$453$324$165
28 years$1,097$806$582$415$292$144
29 years$1,047$760$542$381$264$126
30 years$1,001$718$505$349$239$110
31 years$959$679$471$321$216$97
32 years$919$642$439$295$195$85
33 years$881$608$410$271$177$74
34 years$846$576$383$249$160$65
35 years$813$547$358$230$145$57
36 years$781$519$335$211$131$50
37 years$752$493$314$195$119$44
38 years$724$468$294$180$108$38
39 years$698$445$275$166$98$34
40 years$673$424$258$153$89$30
41 years$649$403$242$141$80$26
42 years$626$384$227$130$73$23
43 years$605$366$213$120$66$20
44 years$585$349$200$111$60$18
45 years$565$333$188$102$55$15
46 years$547$317$176$95$50$14
47 years$529$303$166$87$45$12
48 years$512$289$156$81$41$10
49 years$496$276$146$75$37$9
50 years$480$264$137$69$34$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $492,000, adding $3,763 every year, while hoping to spend $25,277 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: 45/41/14 Blend
44$492,000$492,000$492,000$492,000
45$546,066$519,990$512,364$568,296
46$574,870$518,574$502,633$582,738
47$605,765$516,243$491,730$595,539
48$638,937$512,923$479,587$608,866
49$674,592$508,540$466,136$622,779
50$712,953$503,011$451,305$637,345
51$754,269$496,253$435,018$652,638
52$798,809$488,174$417,196$668,742
53$846,872$478,679$397,756$685,752
54$898,785$467,666$376,613$703,774
55$954,907$455,028$353,676$722,928
56$1,015,634$440,651$328,850$743,346
57$1,081,399$424,414$302,038$765,177
58$1,152,681$406,189$273,135$788,590
59$1,230,005$385,843$242,035$813,771
60$1,313,948$363,231$208,626$840,929
61$1,405,145$338,204$172,789$870,297
62$1,504,295$310,601$134,403$902,136
63$1,612,167$280,255$93,340$936,735
64$1,729,607$246,986$49,465$974,418
65$1,857,545$210,606$2,640$1,015,545
66$1,997,006$170,917$0$1,060,519
67$2,149,116$127,708$0$1,116,855
68$2,315,117$80,756$0$1,178,861
69$2,496,373$29,828$0$1,246,718
70$2,694,389$0$0$1,321,066
71$2,910,819$0$0$1,414,037
72$3,147,485$0$0$1,530,473
73$3,406,394$0$0$1,657,909
74$3,689,755$0$0$1,797,441
75$3,999,999$0$0$1,950,273
76$4,339,806$0$0$2,117,734
77$4,712,125$0$0$2,301,284
78$5,120,205$0$0$2,502,533
79$5,567,623$0$0$2,723,256
80$6,058,320$0$0$2,965,404
81$6,596,637$0$0$3,231,130
82$7,187,354$0$0$3,522,802
83$7,835,736$0$0$3,843,030
84$8,547,584$0$0$4,194,690
85$9,329,288$0$0$4,580,950
86$10,187,886$0$0$5,005,297
87$11,131,132$0$0$5,471,576
88$12,167,568$0$0$5,984,021
89$13,306,603$0$0$6,547,298
90$14,558,605$0$0$7,166,545
91$15,934,996$0$0$7,847,425
92$17,448,357$0$0$8,596,177
93$19,112,554$0$0$9,419,674
94$20,942,858$0$0$10,325,487
95$22,956,100$0$0$11,321,961
96$25,170,821$0$0$12,418,289
97$27,607,448$0$0$13,624,599
98$30,288,492$0$0$14,952,052
99$33,238,752$0$0$16,412,944
100$36,485,555$0$0$18,020,823