Can I retire at age 45 with 509,000?

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 $509,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$42,033$41,658$41,293$40,937$40,588$39,321
2 years$20,808$20,421$20,045$19,681$19,328$18,062
3 years$13,734$13,345$12,971$12,610$12,262$11,038
4 years$10,198$9,810$9,439$9,085$8,746$7,572
5 years$8,077$7,691$7,325$6,978$6,648$5,529
6 years$6,663$6,280$5,920$5,580$5,261$4,196
7 years$5,654$5,274$4,919$4,588$4,278$3,269
8 years$4,897$4,521$4,172$3,849$3,549$2,594
9 years$4,309$3,936$3,593$3,278$2,989$2,087
10 years$3,839$3,470$3,133$2,826$2,547$1,697
11 years$3,454$3,089$2,758$2,459$2,190$1,390
12 years$3,134$2,772$2,448$2,157$1,898$1,147
13 years$2,863$2,505$2,187$1,904$1,655$951
14 years$2,631$2,277$1,965$1,691$1,451$792
15 years$2,431$2,080$1,774$1,508$1,277$661
16 years$2,255$1,909$1,608$1,350$1,129$554
17 years$2,100$1,758$1,464$1,213$1,001$465
18 years$1,963$1,624$1,336$1,093$890$391
19 years$1,840$1,505$1,223$988$793$330
20 years$1,730$1,399$1,123$895$709$278
21 years$1,630$1,303$1,033$812$634$235
22 years$1,540$1,216$952$738$568$198
23 years$1,457$1,138$879$672$510$168
24 years$1,382$1,066$813$613$459$142
25 years$1,312$1,000$753$560$413$120
26 years$1,248$940$698$512$372$102
27 years$1,189$885$648$469$335$86
28 years$1,134$834$603$429$302$73
29 years$1,084$787$561$394$273$62
30 years$1,036$743$522$361$247$53
31 years$992$702$487$332$223$45
32 years$950$664$454$305$202$38
33 years$912$629$424$280$183$32
34 years$875$596$396$258$165$27
35 years$841$566$371$238$150$23
36 years$808$537$347$219$136$20
37 years$778$510$324$202$123$17
38 years$749$485$304$186$111$14
39 years$722$461$285$171$101$12
40 years$696$438$267$158$92$10
41 years$671$417$250$146$83$9
42 years$648$397$235$135$75$7
43 years$626$379$220$124$69$6
44 years$605$361$207$115$62$5
45 years$585$344$194$106$56$5
46 years$565$328$182$98$51$4
47 years$547$313$171$90$47$3
48 years$530$299$161$84$42$3
49 years$513$286$151$77$38$2
50 years$497$273$142$71$35$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $509,000, adding $2,514 every year, while hoping to spend $35,077 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: 36/34/30 Blend
44$509,000$509,000$509,000$509,000
45$563,511$536,534$528,645$578,658
46$583,668$525,503$509,033$579,171
47$604,704$512,755$487,588$576,396
48$626,674$498,170$464,212$572,739
49$649,634$481,620$438,802$568,146
50$673,646$462,968$411,251$562,559
51$698,776$442,071$381,446$555,919
52$725,096$418,778$349,270$548,164
53$752,685$392,927$314,599$539,230
54$781,627$364,349$277,307$529,049
55$812,015$332,864$237,258$517,553
56$843,948$298,282$194,314$504,672
57$877,535$260,402$148,328$490,330
58$912,895$219,013$99,148$474,452
59$950,155$173,889$46,615$456,961
60$989,457$124,796$0$437,775
61$1,030,952$71,482$0$419,838
62$1,074,808$13,683$0$416,160
63$1,121,207$0$0$411,778
64$1,170,346$0$0$424,951
65$1,222,443$0$0$444,380
66$1,277,734$0$0$465,036
67$1,336,479$0$0$487,023
68$1,398,961$0$0$510,450
69$1,465,490$0$0$535,441
70$1,536,407$0$0$562,127
71$1,612,082$0$0$590,656
72$1,692,923$0$0$621,187
73$1,779,376$0$0$653,897
74$1,871,932$0$0$688,977
75$1,971,127$0$0$726,639
76$2,077,550$0$0$767,116
77$2,191,848$0$0$810,662
78$2,314,728$0$0$857,556
79$2,446,971$0$0$908,106
80$2,589,432$0$0$962,649
81$2,743,048$0$0$1,021,556
82$2,908,852$0$0$1,085,234
83$3,087,978$0$0$1,154,131
84$3,281,671$0$0$1,228,738
85$3,491,301$0$0$1,309,598
86$3,718,372$0$0$1,397,304
87$3,964,539$0$0$1,492,511
88$4,231,623$0$0$1,595,939
89$4,521,624$0$0$1,708,380
90$4,836,744$0$0$1,830,703
91$5,179,405$0$0$1,963,867
92$5,552,270$0$0$2,108,927
93$5,958,272$0$0$2,267,042
94$6,400,635$0$0$2,439,489
95$6,882,910$0$0$2,627,675
96$7,409,003$0$0$2,833,145
97$7,983,215$0$0$3,057,602
98$8,610,280$0$0$3,302,922
99$9,295,407$0$0$3,571,168
100$10,044,334$0$0$3,864,612